Market Overview

The global Servo Motors and Drives Market reached a size of USD 13.9 Billion in 2025. It is projected to grow to USD 19.7 Billion by 2034, representing a CAGR of 3.80% during the forecast period 2026-2034. Key growth drivers include increasing demand for energy-efficient systems to reduce operational costs, advancements in automation and robotics, and the integration of Industrial Internet of Things (IIoT) technologies enhancing smart manufacturing.

Study Assumption Years

• Base Year: 2025
• Historical Year/Period: 2020-2025
• Forecast Year/Period: 2026-2034

Servo Motors and Drives Market Key Takeaways

• Current Market Size: USD 13.9 Billion in 2025
• CAGR: 3.80% for 2026-2034
• Forecast Period: 2026-2034
• The rising adoption of servo motors and drives is driven by enhanced accuracy and repeatability across automotive, semiconductor, electronics, healthcare, and packaging industries.
• Increasing deployment of servo motors in renewable energy production is strengthening market growth.
• Demand for precision, speed, and reliability in various global industries positively influences market expansion.
• Actuators reducing maintenance costs and downtime offer lucrative opportunities to investors.
• The ability of servo motors and drives to offer high customization and adaptability supports market growth.

Sample Request Link: 

https://www.imarcgroup.com/servo-motors-drives-market/requestsample

Market Growth Factors

The global market for servo motors and drives is really taking off, thanks to the growing interest in automation and robotics. In the manufacturing sector, these technologies are game-changers, boosting production processes with their impressive precision and flexibility. Servo motors and drives play a vital role in robotic tasks like pick-and-place, welding, and assembly. Plus, the rapid growth of the e-commerce industry is driving up the demand for automated logistics and warehousing solutions, such as conveyor belts, sorters, and automated guided vehicles (AGVs).

Energy efficiency is another key factor, as industries are keen to cut down on operational costs while also meeting environmental standards. Servo motors and drives are well-known for their energy efficiency, providing power exactly when it’s needed and reducing energy waste during idle or low-load periods. This not only supports sustainability efforts but also helps in lowering carbon footprints, aligning with the increasing eco-friendly regulations worldwide.

Moreover, advancements in the Industrial Internet of Things (IIoT) are integrating these motors and drives into smart manufacturing systems as part of Industry 4.0. With cutting-edge sensors and communication technologies, servo systems enable real-time data collection and analysis. This means predictive maintenance becomes possible, which helps minimize downtime and enhances overall equipment effectiveness. Remote monitoring and control take operational efficiency to the next level, reducing the need for on-site personnel and allowing industries to quickly adapt to market demands.

Market Segmentation

Product Type:

• Servo Motors: Represent the largest segment, available as AC, DC, brushless, brushed, and linear types. AC servo motors offer enhanced speed and torque control, while DC motors provide improved torque at low speeds suitable for robotics and conveyor applications. Brushless motors feature maintenance-free operation and reliability. Linear servo motors provide linear motion used primarily in semiconductor manufacturing.
• Servo Drives

Voltage Range:

• Low Voltage: Holds the majority market share, typically operating below 600 volts, offering safety, ease of integration, and suitability for manufacturing, packaging, and material handling where precise control is essential.
• Medium and High Voltage

System:

• Rotary System: Holds the largest market share, enabling precise rotary motion suitable for conveyor belts, robotic arms, CNC machinery, and other industrial applications requiring smooth, continuous rotation.
• Linear System

Communication Protocol:

• Fieldbus: Dominates the market segment, facilitating real-time data exchange between servo components with reduced wiring complexity, cost savings, network integration, synchronization, and enhanced diagnostics.
• Industrial Ethernet
• Wireless

End Use Industry:

• Machine Tools: Represents the largest segment, encompassing equipment used for milling, drilling, turning, and grinding. Servo motors enable high accuracy and speed in operations like contouring and high-speed machining, improving productivity and quality.
• Packaging
• Robotics
• Semiconductors
• Electronics
• Rubber and Plastics
• Others

Regional Insights

Asia Pacific leads the global servo motors and drives market, accounting for the largest market share. Growth in the region is driven by increasing adoption of advanced manufacturing technologies and industrial automation. Additionally, demand for servo technology in packaging and processing equipment and growing focus on renewable energy sources and electric vehicles (EVs) further support market expansion in Asia Pacific.

Recent Developments & News

In 2021, Siemens launched new servo motors ‘Simotics S-1FS2’ expanding its Sinamics S210 single-cable servo drive system, targeting pharmaceutical and food industry applications. Also in 2021, Yaskawa Electric Corporation introduced AC servo drives called the “Σ-X Series,” successor to the “Σ-7 Series,” designed to enhance motion performance and digital data solutions. In 2022, Emerson Electric Co. unveiled the AVENTICS™ Series Servo Profile Advanced electric actuators with precision ball, lead, and roller screw options, providing precise and repeatable rod-style cylinders.

Key Players

• Bosch Rexroth AG
• Delta Electronics, Inc.
• Emerson Electric Co.
• Fanuc Corporation
• Kollmorgen
• Mitsubishi Electric Corporation
• Nidec Corporation
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens AG
• Yaskawa Electric Corporation

Request For Customization:

https://www.imarcgroup.com/request?type=report&id=2593&flag=E

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No: (D) +91 120 433 0800

United States: +1-201971-6302