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AC Digital Servo Motors and Drives Market Size

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

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AC Digital Servo Motors and Drives Market Size

The global AC digital servo motors and drives market size was evaluated at USD 6.9 billion in 2024 and is estimated to observe a growth rate of 6.6% from 2025 to 2034. Rising demand for energy-efficient motor control systems across various industrial operations along with increasing energy consumption, further complementing the industry landscape. Infrastructure development investments have increased demand for HVAC systems, which are crucial for optimizing building energy output and gaining prominence of precise motor speed control is augmenting the product demand.

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Flourishing investments for infrastructure development along with continuous efforts to accelerate digital transformation across various sectors will drive industry growth. For instance, in September 2024, the U.S. Department of Commerce's Economic Development Administration (EDA) is investing USD 4.3 million in South Dakota to boost manufacturing and workforce development. The investment includes a USD 3.5 million grant for a training facility on the Rosebud Sioux Reservation. These projects aim to create jobs, stimulate private investment, and support local economic growth in the state.

AC Digital Servo Motors and Drives Market Report Attributes
Report Attribute	Details
Base Year:	2024
AC Digital Servo Motors and Drives Market Size in 2024:	USD 6.9 billion
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	6.6%
2034 Value Projection:	USD 13.3 Billion
Historical Data for:	2021 - 2023
No. of Pages:	105
Tables, Charts & Figures:	32
Segments covered:	Application and Region
Growth Drivers:	Stringent energy efficiency directives by respective authorities Ongoing expansion of industrial operations and growing automotive sector Positive outlook towards the deployment of innovative automation technologies
Pitfalls & Challenges:	High initial cost coupled with the availability of other products

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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.