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Asia Pacific DC Servo Motors and Drives Market Share

Report ID: GMI12683
Published Date: Dec 2024
Report Format: PDF

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Asia Pacific DC Servo Motors and Drives Market Share

Asia Pacific DC Servo Motors and Drives Market Company Share Analysis, 2024

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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.

Asia Pacific DC Servo Motors and Drives Market Companies

Major players operating in the Asia Pacific DC servo motors and drives industry are:

ABB
Allied Motion
Axor Industries
Bosch Rexroth
Changzhou Fulling Motor
Elmo Motion Control
Ingenia Cat
JVL
KEBA
Kinco Electric
Kollmorgen
Leadshine
Nidec Technomotor
Panasonic Industry
Shenzhen Jiayu Mechatronic
Siemens
Tamagawa Seiki

Authors: Ankit Gupta , Manish Dhiman

Frequently Asked Questions (FAQ) :

The Asia Pacific market size for DC Servo Motors and Drives was valued at USD 2.4 billion in 2024 and is projected to reach USD 3.9 billion by 2034, driven by a CAGR of 5.8% during the forecast period, supported by increasing automation in energy-intensive sectors and advanced technology adoption.

The metal cutting & forming application segment is expected to surpass USD 800 million by 2034, driven by the rising need for precision operations in the iron & steel and manufacturing sectors.

The China DC Servo Motors and Drives market is anticipated to exceed USD 1.4 billion by 2034, driven by industrial automation, robotics expansion, and stringent energy efficiency regulations.

Major players in the market include ABB, Allied Motion, Axor Industries, Bosch Rexroth, Changzhou Fulling Motor, Elmo Motion Control, Ingenia Cat, JVL, KEBA, Kinco Electric, Kollmorgen, and Leadshine.