Asia Pacific Analog Servo Motors and Drives Market Analysis

Asia Pacific Analog Servo Motors and Drives Market Analysis

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AC drives segment is anticipated to grow over USD 5.7 billion by 2032. The increasing automation across various industrial applications, combined with the introduction of Industry 4.0, has heightened the demand for AC motor systems, positively influencing market dynamics. AC motors are widely used in multiple industries due to their improved performance in both full-load and variable load operating environments. Additionally, ongoing refurbishment and development of industrial establishments, along with the increasing deployment of innovative automation and feedback communication systems, are expected to positively impact the AC servo motors and drives industry dynamics.
 

Metal cutting & forming segment is set to witness significant a CAGR of over 5% through 2032. Rising demand for energy efficient systems driven by aerospace and automotive sectors' adoption of lightweight, high-strength materials coupled with increased industrial development investments, is shaping a positive industry outlook. Smart manufacturing processes, requiring precise metal forming and cutting, along with integration of automation in these processes, enhancing production quality, reducing output time, and minimizing risks in metal cutting operations.

China analog servo motors and drives market is set to surpass USD 3.3 billion by 2032. The rapid growth of industrial infrastructure, implementation of smart technologies, expansion of manufacturing units, and increasing adoption of robotics and automation driving the industry growth. Favorable policies and increasing investment by authorities toward industrial manufacturing, stringent emission regulations, introduction of energy efficiency mandates have accelerated the product deployment. For instance, in September 2024, China planned to fully open its manufacturing sector to foreign investments and increase opportunities for foreign capital. According to a statement from the National Development and Reform Commission, from November, Beijing will eliminate the remaining restrictions on overseas investments in the manufacturing sector.