Home > Semiconductors & Electronics > Automation > Industrial Automation > Analog Servo Motors and Drives Market

Analog Servo Motors and Drives Market Share

Report ID: GMI7891
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Analog Servo Motors and Drives Market Share

Analog Servo Motors and Drives Market Company Share Analysis, 2024

The analog servo motors and drives industry is highly competitive, with numerous global and regional players aiming to enhance their market position. Key industry leaders including Schneider Electric, Mitsubishi Electric, ABB, Danfoss, Rockwell Automation, and Siemens, holds majority of market share. These companies focus on expanding their geographical reach and investing in research and development to introduce innovative features. Competitive strategies include strengthening distribution networks, partnering with system integrators, enhancing product efficiency, ongoing technological advancements, and integration capabilities enhance their industry position.

Analog Servo Motors and Drives Market Companies

Major players operating across the industry include:

ABB
Analog Devices
Applied Motion Products
Bosch Rexroth
Danfoss
Delta Electronics
Hitachi
KEB Automation
Mitsubishi Electric
Nidec
Omron
Rockwell Automation
Schneider Electric
Siemens
WEG
Yaskawa

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The global market size for analog servo motors and drives was valued at USD 11 billion in 2024 and is expected to reach USD 20.8 billion by 2034, driven by a CAGR of 6.5% from 2025 to 2034.

The analog servo motors and drives industry from metal cutting and forming segment is expected to witness a CAGR of over 5.5% by 2034, driven by increased demand for energy-efficient systems in the aerospace and automotive sectors.

The U.S. market for analog servo motors and drives is projected to exceed USD 3.2 billion by 2034, driven by the adoption of smart technologies, automation, and data exchange in manufacturing processes.

Major players in the industry include ABB, Analog Devices, Applied Motion Products, Bosch Rexroth, Danfoss, Delta Electronics, Hitachi, KEB Automation, Mitsubishi Electric, Nidec, Omron, and Rockwell Automation.