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AC Digital Servo Motors and Drives Market Share

Report ID: GMI12183
Published Date: Nov 2024
Report Format: PDF

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AC Digital Servo Motors and Drives Market Share

AC Digital Servo Motors and Drives Market Company Share Analysis, 2024

The AC digital servo motors and drives industry is led by several prominent companies, including ABB, Fuji Electric, Mitsubishi Electric, Siemens, Rockwell Automation, and Yaskawa. These industry leaders hold significant market shares and employ various strategies to maintain and enhance their positions. Their approaches often involve strategic partnerships, collaborations, and mergers to strengthen their market presence. Additionally, these manufacturers focus on developing innovative products and expanding their production capacities, which contributes to the overall growth and advancement of the AC servo motors and drives industry.

AC Digital Servo Motors and Drives Market Companies

Major players actively participating across the market consist of:

ABB
Bosch Rexroth Corporation
C&M Robotics
Delta Electronics
Danfoss
DAI-ICHI DENTSU
Emerson Electric
FEC
Hitachi Energy
Mitsubishi Electric Corporation
PROMESS
Rockwell Automation
Sprint Electric
Siemens
Schneider Electric
WEG
Yaskawa America

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The global market size for AC digital servo motors and drives was valued at USD 6.9 billion in 2024 and is expected to reach USD 13.3 billion by 2034, driven by a CAGR of 6.6% from 2025 to 2034.

AC digital servo motors and drives industry from metal cutting & forming segment is anticipated to exceed USD 1.9 billion by 2034, driven by the demand for lightweight, high-strength metals from the aerospace and automotive industries.

The U.S. market is set to cross USD 2.6 billion by 2034, driven by the rising demand for precise motor control units and increasing adoption of automation in manufacturing processes.

Major players in the market include ABB, Bosch Rexroth Corporation, C&M Robotics, Delta Electronics, Danfoss, DAI-ICHI DENTSU, Emerson Electric, FEC, and Hitachi Energy.