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DC Servo Motors and Drives Market Share
Key manufacturers operating in the DC servo motors and drives industry are actively pursuing strategic partnerships, introducing new products, focusing on mergers and acquisitions to strengthening their position in the industry. Fuji Electric Co., Ltd., Siemens, Kollmorgen, Nidec Corporation, and Panasonic Corporation holds the majority of market share in the market.
DC Servo Motors and Drives Market Companies
Key industry players operating across industry include:
- Allied Motion, Inc.
- Applied Motion Products, Inc.
- AXOR IND. S.a.s
- Bosch Rexroth Corporation
- Fuji Electric Co., Ltd.
- Ingenia Cat S.L.U.
- JVL A/S
- Kinco Electric (Shenzhen) Ltd.
- Kollmorgen
- Leadshine
- NIDEC CORPORATION
- Panasonic Corporation
- Shenzhen Jiayu Mechatronic Co., Ltd.
- Siemens
How much is the DC servo motors and drives market worth?
The market size for DC servo motors and drives was valued at USD 4.6 billion in 2023 and is set to grow at CAGR of 6.3% 2032, owing to growing automation across the energy-intensive sectors.
Why is the demand for DC servo motors & drives from metal cutting & forming application rising?
The metal cutting & forming segment of the DC servo motors and drives market is set to witness over 5% CAGR through 2032, driven by the rising demand for advanced technological machinery in metal cutting.
Why is the DC servo motors and drives industry growing rapidly in Asia Pacific?
Asia Pacific market is set to generate USD 3.4 billion by 2032, driven by a rapidly growing population, flourishing investments for energy intensive industries along with shifting focus on enhancing motor control.
Who are the major DC servo motors and drives industry players?
Allied Motion, Inc, Applied Motion Products, Inc, AXOR IND. S.a.s, Bosch Rexroth Corporation, Fuji Electric Co., Ltd, Ingenia Cat S.L.U. among others.