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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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