Get a free sample of DC Servo Motors and Drives Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of DC Servo Motors and Drives Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
DC Servo Motors and Drives Market Size
DC Servo Motors and Drives Market Size was valued at USD 4.6 billion in 2023 and the industry is set to grow at CAGR of 6.3% between 2024 and 2032. Growing automation across the energy intensive sectors along with introduction of enhanced products and technologies to meet changing user demands will complement the business landscape.
Flourishing investments in infrastructure have increased the demand for HVAC systems, which play a crucial role in optimizing energy output for various projects. As efficiency demands evolve, infrastructure advancements progress, and consumers lean towards units with superior resistance and control, the business landscape is poised for significant transformation.
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.