AC Servo Motors and Drives Market – By Category, By Application & Forecast, 2025 - 2034

AC Servo Motors and Drives Market Size

The global AC servo motors and drives market size in 2024 was valued at USD 15.2 billion and is projected to observe a growth rate of 6.6% from 2025 to 2034. The ongoing push for digital transformation across various sectors in both emerging and advanced economies and increasing automation across industrial processes is set to complement the industry growth. Additionally, the swift adoption of Industry 4.0 principles and the increasing pace of automation is expected to drive up demand for these products.
 

Companies in the automation field are actively developing and launching new products to address changing customer requirements. For instance, Leadshine introduced its coreless micro servo system in the SPS exhibition, held in Germany in November 2023. This system, which includes an extremely compact servo drive, coreless micro motor and micro encoder offers benefits such as small size, efficient performance at high and low speeds, and high-power density. Moreover, rising demand for precise motors control solutions along with growing inclination toward reducing energy consumption and cost will further augment the industry landscape.
 

AC Servo Motors and Drives Market Trends

The AC servo motors and drives industry is experiencing growth driven by continuous innovations in industrial automation and governmental regulations promoting environmental responsibility. Growing focus on technological enhancements and the incorporation of Industrial Internet of Things (IIoT) technologies, which aim to enhance system efficiency and reduce energy consumption will positively influence the industry dynamics. For instance, in September 2023, Mitsubishi Electric Automation rolled out an updated MELSERVO-J5 servo product line. The new MR-J5 servo units boast technological improvements and enhanced performance including HK-KT/ST servo motors, characterized by their high-speed capability at 3000 rpm of rated speed. Moreover, accelerating investments for industrial development and inclination on reducing energy consumption will augment the industry outlook.
 

AC Servo Motors and Drives Market Analysis

Analog segment is anticipated to grow over USD 15.5 billion by 2034. Analog servo motors and drives play a crucial role in achieving accurate mechanical movements and are extensively utilized across diverse industries, from manufacturing and robotics to aerospace, complementing the industry landscape. These units function using analog control signals, typically voltage or current and their integration is particularly valuable in industrial establishments where precise control of position, speed, or torque is essential for optimal performance, further positively influencing the analog servo motors and drives industry landscape.
 

Metal cutting & forming segment is anticipated to witness a CAGR of above 5% till 2034. The increasing adoption of advanced technologies and sophisticated metal cutting equipment across various industries, including robotics, iron and steel, and automotive, will accelerate the product demand. Additionally, as factories and manufacturing facilities increasingly utilize intelligent systems to enhance output, flexibility, and production quality, these advancements are set to positively stimulating the industry dynamics.
 

U.S. AC servo motors and drives market is set to grow over USD 5 billion by 2034. Stringent energy efficiency regulations, increasing energy consumption, and the expansion of industrial automation and robotics will augment the industry landscape. For instance, The U.S. Department of Energy proposed new energy efficiency standards for fans and blowers in January 2024. These regulations, stemming from the Energy Policy and Conservation Act, apply to air circulating fans and general fans and blowers, aiming to improve energy efficiency in these devices. Paradigm shift toward automated solutions aim to boost productivity and flexibility, transforming business operations, further shape the industry dynamics.
 

AC Servo Motors and Drives Market Share

Major manufacturers in the AC servo motors and drives industry are reinforcing their market presence through strategic collaborations, partnerships, and corporate acquisitions. Companies are introducing new innovative technologies and products to strengthen their position and enhance their presence across the industry. The market is predominantly controlled by companies such as ABB, Siemens, Mitsubishi, Danfoss, Panasonic, and Mitsubishi Electric, which collectively hold a significant share of the market.
 

AC Servo Motors and Drives Market Companies

Major players operating across the industry include:

• ABB
• Beckhoff Automation
• C&M Robotics
• Danfoss
• Delta Electronics
• DMM Technology
• Fuji Electric
• KEB Automation
• Kollmorgen
• Leadshine
• Mitsubishi Electric
• Nidec Motor
• Omron
• Panasonic
• Parker Hannifin
• Rockwell Automation
• Siemens
• Teknic
• WEG
• Yaskawa
   

AC Servo Motors and Drives Industry News

• In August 2024, Oriental motors introduced the AZX Series now includes a larger 120mm frame size motor, expanding its capabilities. This new 600W (4/5 HP) planetary geared motor offers increased torque and load capacity. The series is now compatible with AC input PROFINET drivers, broadening its application range. Key features include a battery-free absolute encoder, no need for external sensors, and various control modes. The series maintains operational similarity with the AZ Series and offers a maximum speed of 5,500 rpm.
   
• In December 2023, KEB Automation unveiled its DL4 series, presenting a new line of 8-pole AC servo motors. These motors offer torque capabilities ranging from 11 to 520 Nm and can deliver power up to 77 kW. The DL4 series stands out for its compact design that doesn't compromise on torque or precision. A key feature is its ability to handle 300% of rated torque. Customers can tailor these motors with IP65 protection, various cooling options, and additional components such as encoders, resolvers, and brakes.
   

The AC servo motors and drives market research report includes in-depth coverage of the industry with estimates & forecast in terms of “’000 Units” and “USD Million” from 2021 to 2034, for the following segments:

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Market, By Category

• Digital
• Analog

Market, By Application

• Oil and gas
• Metal cutting & forming
• Material handling equipment
• Packaging and labelling machinery
• Robotics
• Medical robotics
• Rubber & plastics machinery
• Warehousing
• Automation
• Extreme environment applications
• Semiconductor machinery
• AGV
• Electronics
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico 
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Denmark
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
• Latin America
  • Brazil
  • Argentina