North America Digital Servo Motors and Drives Market Analysis

North America Digital Servo Motors and Drives Market Analysis

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The AC drives market is anticipated to cross USD 3 billion by 2032. Growing automation across several industrial processes along with rising integration of enhanced machine infrastructure across manufacturing facilities to increase efficiency has influenced the business dynamics. Paradigm shift toward adoption of smart manufacturing with a focus on increased productivity and reliability is propelling the need for these accurate and dependable systems further propelling the digital AC servo motors and drives industry outlook.
 

The metal cutting & forming applications is set to witness over 6% of CAGR through 2032. Increasing demand for lightweight, high-strength metals in industries like aerospace and automotive along with accelerated investment for industrial development will positively influence the industry outlook. Rising adoption of smart manufacturing processes across industries that require specific cutting & metal forming to ensure precise dimensions and finishing on metal parts will further accelerate the product demand.
 

Shifting inclination toward the use of industrial automation solutions across automotive and other manufacturing applications, driven by the need to increase productivity and flexibility, will enhance the business dynamics. Increasing energy consumption across industries, together with continued efforts to decrease production costs, increase profitability, are some of the primary factors influencing the industry landscape.
 

The U.S. digital servo motors and drives market is projected to surpass USD 2.8 billion by 2032. Stringent regulations toward enhancing the energy efficiency & security, rapidly growing energy consumption, and accelerating investments across industrial automation and robotics have positively influenced the industry landscape. For instance, according to the International Federation of Robotics, manufacturing enterprises in the U.S. have invested extensively in automation including total industrial robot installations increased by 12% to 44,303 units in 2023. The automotive industry is the leading adopter, followed by the electrical and electronics sector. Moreover, rapid integration of advanced machine infrastructure into manufacturing plants to improve efficiency, combined with widespread usage of new technological systems, is set to augment the industry landscape.