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Asia Pacific DC Servo Motors and Drives Market Size

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

Asia Pacific DC Servo Motors and Drives Market Size

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.
 

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.

Asia Pacific DC Servo Motors and Drives Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 9
  • Countries covered: 5
  • Pages: 110
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