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Asia Pacific DC Servo Motors and Drives market size in 2024 was evaluated at USD 2.4 billion and is set to attain a growth rate of 5.8% between 2025 and 2034. Increasing automation across energy-intensive sectors coupled with the introduction of advanced technologies to meet user requirements are driving the industry growth.
Rising infrastructure investments has increased the demand for HVAC systems, essential for optimizing energy consumption in various projects. Introduction of stringent efficiency mandates across industrial sector, ongoing infrastructure development, and consumer preference for units with better durability and control features will augment the industry outlook.
Favorable policies and framework by the respective authorities toward adoption of clean energy technologies across industries and reducing emissions will positively influence the business dynamics. For instance, in April 2024, the Japanese government developed the Energy Efficiency Technology Strategy 2024 to promote research and development of energy-efficient technologies needed to achieve carbon neutrality by 2050.
Report Attribute | Details |
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Base Year: | 2023 |
Asia Pacific DC Servo Motors and Drives Market Size in 2023: | USD 2.4 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2025 – 2034 CAGR: | 5.8% |
2025 – 2034 Value Projection: | USD 3.9 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 110 |
Tables, Charts & Figures: | 9 |
Segments covered: | Category, Application and Country |
Growth Drivers: |
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Pitfalls & Challenges: |
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The Asia Pacific DC servo motors and drives industry is experiencing significant growth, driven by various technological advancements and increasing demand across multiple sectors, including robotics, automation, and manufacturing. Increasing technological advancements in industrial automation, supported by government environmental sustainability mandates is shaping the business dynamics. The expansion of smart manufacturing in the industrial automation sector, combined with the growing demand for reliable and efficient motor control solutions in energy-intensive industries, strengthens market development. Ongoing technological innovations and industrial internet of things (IIoT) adoption, which enhance system optimization and energy efficiency will contribute to the industry growth.
Metal cutting & forming application segment is set to cross USD 800 million by 2034. Rising need for precision operations across iron & steel, manufacturing sector along with growing development of industrial establishments is contributing to the industry growth. These systems deliver exact motion control and speed requirements while enhancing production efficiency, further augmenting the product deployment. Expansion of manufacturing facilities along with implementation of these units to enhance productivity, operational flexibility, reduce cost and improve product quality, will complement industry landscape.
Based on category, the analog segment is set to observe a growth rate of over 5.5% through 2034. Rapidly increasing automation across manufacturing sectors in developing economies along with rising demand for precise control and reliable systems in applications such as robotics, CNC machines, and conveyor systems, accelerating the product demand. Ongoing technological advancements focusing on enhancing the performance, required in high-precision and high-speed operations will augment the analog servo motors and drives deployment.
China DC servo motors and drives market is expected to surpass USD 1.4 billion by 2034. Ongoing expansion of industrial automation and robotics across various sectors, designed to enhance productivity and flexibility and rising energy consumption, is complementing the business landscape. Increasing investments in energy-intensive industries coupled with stringent regulations aimed at improving energy efficiency and reducing emissions are positively influencing the industry growth. For instance, in May 2024, The State Council introduced a comprehensive action plan to address energy conservation and carbon reduction for the 2024-2025 period. The plan establishes a framework for tracking progress and ensuring industrial compliance and outlines specific measures for high-emission industries, including steel manufacturing, petrochemical operations, non-ferrous metal production, and building material sectors.
Key manufacturers operating in the Asia Pacific DC servo motors and drives industry employ various strategies to strengthen their positions. These include forming strategic partnerships, launching innovative products, and pursuing mergers and acquisitions. The industry is dominated by major players including ABB, Siemens, Kollmorgen, Nidec, and Panasonic, collectively hold a significant market share. These companies leverage their strong brand recognition, extensive distribution networks, and robust R&D capabilities to maintain their competitive edge and driving the industry growth.
Major players operating in the Asia Pacific DC servo motors and drives industry are:
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Market, By Category
Market, By Application
The above information has been provided for the following countries: