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North America Digital Servo Motors and Drives Market Share

Report ID: GMI9921
Published Date: Nov 2024
Report Format: PDF

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North America Digital Servo Motors and Drives Market Share

North America Digital Servo Motors and Drives Market Company Market Share Analysis, 2024

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Leading manufacturers in the North America digital servo motors and drives industry are focusing on strategic collaborations, partnerships, mergers & acquisitions, and alliances to strengthen their competitive position. Major players, including Bosch Rexroth, Danfoss, ABB, Yaskawa America, Emerson Electric, and Rockwell Automation, among others, collectively dominate the market share.

North America Digital Servo Motors and Drives Market Companies

Major industry players actively participating across the market consist of:

Aerotech
Advanced Motion Controls
ABB
Applied Motion Products
Bosch Rexroth
Beckhoff Automation
Delta Electronics
Danfoss
Emerson Electric
Elmo Motion Control
Geckodrive
Kollmorgen
Rockwell Automation
Schneider Electric
Teknic
WEG
Yaskawa America

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The North American digital servo motors and drives industry was valued at USD 2.2 billion in 2024 and is projected to grow at a 6.8% CAGR from 2025 to 2034, driven by the increasing demand for energy-efficient systems and stringent regulatory requirements on energy consumption.

The AC drives segment is expected to surpass USD 3.3 billion by 2034, fueled by the increasing automation of industrial processes and the integration of advanced machinery in manufacturing facilities to boost efficiency.

The U.S. digital servo motors and drives market is anticipated to exceed USD 3 billion by 2034, driven by stringent regulations aimed at improving energy efficiency and security, a rapid increase in energy consumption, and a surge in investments in industrial automation and robotics.

Major industry players include Aerotech, Advanced Motion Controls, ABB, Applied Motion Products, Bosch Rexroth, Beckhoff Automation, Delta Electronics, Danfoss, Emerson Electric, and Elmo Motion Control.