The Asia Pacific Servo Motors Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030).
The China market dominated the Asia Pacific Servo Motors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,944.6 Million by 2030. The Japan market is registering a CAGR of 5% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.3% during (2023 - 2030).
The development and deployment of autonomous driving technologies, including advanced driver assistance systems (ADAS) and autonomous vehicles, drive demand for these motors in the automotive sector. These motors play crucial roles in actuating autonomous vehicles' steering, braking, and throttle systems, enabling precise control and maneuverability in diverse driving scenarios. As automakers invest in developing autonomous driving capabilities and safety features, the demand for these motors with advanced control algorithms, sensor integration, and reliability is expected to grow.
Moreover, the market is characterized by a dynamic landscape of trends and innovations shaping the future of automation. One prominent trend is the growing emphasis on energy efficiency and sustainability, driving demand for these motors with higher efficiency ratings and regenerative braking capabilities. As industries prioritize energy-saving initiatives to reduce operating costs and carbon emissions, these motors are evolving to meet these demands with innovative designs and features.
As per the data released in 2022 from the State Council of China, from January to February, the added value of major electronics manufacturers rose 12.7 percent year-on-year, compared with the 7.5 percent growth seen in the overall industrial sector. During the two months, the growth rate of fixed-asset investment in the electronics manufacturing industry was 35.1 percent, 15.3 percentage points higher than the national industrial investment growth. Hence, all these factors will aid in the growth of the regional market in the coming years.
Free Valuable Insights: The Global Servo Motors Market is Predict to reach $ 17.8 Billion by 2030, at a CAGR of 5.3%
Based on System, the market is segmented into Rotary and Linear. Based on Type, the market is segmented into AC Servo Motor and DC Servo Motor. Based on Application, the market is segmented into Robotics, Machine Tools, Printing & Packaging Technologies, Electronic Devices and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Siemens AG
- ABB Group
- Yaskawa Electric Corporation
- Rockwell Automation, Inc.
- FANUC Corporation
- Mitsubishi Electric Corporation
- Parker Hannifin Corporation
- Schneider Electric SE
- Bosch Rexroth AG (Robert Bosch GmbH)
- Regal Rexnord Corporation
Asia Pacific Servo Motors Market Report Segmentation
By System
By Type
- AC Servo Motor
- DC Servo Motor
By Application
- Robotics
- Machine Tools
- Printing & Packaging Technologies
- Electronic Devices
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Servo Motors Market, by System
1.4.2 Asia Pacific Servo Motors Market, by Type
1.4.3 Asia Pacific Servo Motors Market, by Application
1.4.4 Asia Pacific Servo Motors Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4 Porter Five Forces Analysis
Chapter 5. Asia Pacific Servo Motors Market by System
5.1 Asia Pacific Rotary Market by Country
5.2 Asia Pacific Linear Market by Country
Chapter 6. Asia Pacific Servo Motors Market by Type
6.1 Asia Pacific AC Servo Motor Market by Country
6.2 Asia Pacific DC Servo Motor Market by Country
Chapter 7. Asia Pacific Servo Motors Market by Application
7.1 Asia Pacific Robotics Market by Country
7.2 Asia Pacific Machine Tools Market by Country
7.3 Asia Pacific Printing & Packaging Technologies Market by Country
7.4 Asia Pacific Electronic Devices Market by Country
7.5 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Servo Motors Market by Country
8.1 China Servo Motors Market
8.1.1 China Servo Motors Market by System
8.1.2 China Servo Motors Market by Type
8.1.3 China Servo Motors Market by Application
8.2 Japan Servo Motors Market
8.2.1 Japan Servo Motors Market by System
8.2.2 Japan Servo Motors Market by Type
8.2.3 Japan Servo Motors Market by Application
8.3 India Servo Motors Market
8.3.1 India Servo Motors Market by System
8.3.2 India Servo Motors Market by Type
8.3.3 India Servo Motors Market by Application
8.4 South Korea Servo Motors Market
8.4.1 South Korea Servo Motors Market by System
8.4.2 South Korea Servo Motors Market by Type
8.4.3 South Korea Servo Motors Market by Application
8.5 Singapore Servo Motors Market
8.5.1 Singapore Servo Motors Market by System
8.5.2 Singapore Servo Motors Market by Type
8.5.3 Singapore Servo Motors Market by Application
8.6 Malaysia Servo Motors Market
8.6.1 Malaysia Servo Motors Market by System
8.6.2 Malaysia Servo Motors Market by Type
8.6.3 Malaysia Servo Motors Market by Application
8.7 Rest of Asia Pacific Servo Motors Market
8.7.1 Rest of Asia Pacific Servo Motors Market by System
8.7.2 Rest of Asia Pacific Servo Motors Market by Type
8.7.3 Rest of Asia Pacific Servo Motors Market by Application
Chapter 9. Company Profiles
9.1 Siemens AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 ABB Group
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Mitsubishi Electric Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Schneider Electric SE
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Yaskawa Electric Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.5.4.2 Product Launches and Product Expansions:
9.5.5 SWOT Analysis
9.6 FANUC Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 Rockwell Automation, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Parker Hannifin Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Bosch Rexroth AG (Robert Bosch GmbH)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Regal Rexnord Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Acquisition and Mergers:
TABLE 1 Asia Pacific Servo Motors Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Servo Motors Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Servo Motors Market
TABLE 4 Product Launches And Product Expansions– Servo Motors Market
TABLE 5 Acquisition and Mergers– Servo Motors Market
TABLE 6 Asia Pacific Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 8 Asia Pacific Rotary Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Rotary Market by Country, 2023 - 2030, USD Million
TABLE 10 Asia Pacific Linear Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Linear Market by Country, 2023 - 2030, USD Million
TABLE 12 Asia Pacific Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 14 Asia Pacific AC Servo Motor Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific AC Servo Motor Market by Country, 2023 - 2030, USD Million
TABLE 16 Asia Pacific DC Servo Motor Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific DC Servo Motor Market by Country, 2023 - 2030, USD Million
TABLE 18 Asia Pacific Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 20 Asia Pacific Robotics Market by Country, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Robotics Market by Country, 2023 - 2030, USD Million
TABLE 22 Asia Pacific Machine Tools Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Machine Tools Market by Country, 2023 - 2030, USD Million
TABLE 24 Asia Pacific Printing & Packaging Technologies Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Printing & Packaging Technologies Market by Country, 2023 - 2030, USD Million
TABLE 26 Asia Pacific Electronic Devices Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Electronic Devices Market by Country, 2023 - 2030, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 30 Asia Pacific Servo Motors Market by Country, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Servo Motors Market by Country, 2023 - 2030, USD Million
TABLE 32 China Servo Motors Market, 2019 - 2022, USD Million
TABLE 33 China Servo Motors Market, 2023 - 2030, USD Million
TABLE 34 China Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 35 China Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 36 China Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 37 China Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 38 China Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 39 China Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 40 Japan Servo Motors Market, 2019 - 2022, USD Million
TABLE 41 Japan Servo Motors Market, 2023 - 2030, USD Million
TABLE 42 Japan Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 43 Japan Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 44 Japan Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 45 Japan Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 46 Japan Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 47 Japan Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 48 India Servo Motors Market, 2019 - 2022, USD Million
TABLE 49 India Servo Motors Market, 2023 - 2030, USD Million
TABLE 50 India Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 51 India Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 52 India Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 53 India Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 54 India Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 55 India Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 56 South Korea Servo Motors Market, 2019 - 2022, USD Million
TABLE 57 South Korea Servo Motors Market, 2023 - 2030, USD Million
TABLE 58 South Korea Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 59 South Korea Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 60 South Korea Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 61 South Korea Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 62 South Korea Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 63 South Korea Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 64 Singapore Servo Motors Market, 2019 - 2022, USD Million
TABLE 65 Singapore Servo Motors Market, 2023 - 2030, USD Million
TABLE 66 Singapore Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 67 Singapore Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 68 Singapore Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 69 Singapore Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 70 Singapore Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 71 Singapore Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 72 Malaysia Servo Motors Market, 2019 - 2022, USD Million
TABLE 73 Malaysia Servo Motors Market, 2023 - 2030, USD Million
TABLE 74 Malaysia Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 75 Malaysia Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 76 Malaysia Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 77 Malaysia Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 78 Malaysia Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 79 Malaysia Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 80 Rest of Asia Pacific Servo Motors Market, 2019 - 2022, USD Million
TABLE 81 Rest of Asia Pacific Servo Motors Market, 2023 - 2030, USD Million
TABLE 82 Rest of Asia Pacific Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 83 Rest of Asia Pacific Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 84 Rest of Asia Pacific Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 85 Rest of Asia Pacific Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 86 Rest of Asia Pacific Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 87 Rest of Asia Pacific Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 88 Key Information – Siemens AG
TABLE 89 Key Information – ABB Group
TABLE 90 Key Information – Mitsubishi Electric Corporation
TABLE 91 Key Information – Schneider Electric SE
TABLE 92 Key Information – Yaskawa Electric Corporation
TABLE 93 key information – FANUC Corporation
TABLE 94 Key Information – Rockwell Automation, Inc.
TABLE 95 Key Information – Parker Hannifin Corporation
TABLE 96 Key Information – Bosch Rexroth AG
TABLE 97 Key Information – Regal Rexnord Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Servo Motors Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Servo Motors Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Porter’s Five Forces Analysis – Servo Motors Market
FIG 7 Asia Pacific Servo Motors Market share by System, 2022
FIG 8 Asia Pacific Servo Motors Market share by System, 2030
FIG 9 Asia Pacific Servo Motors Market by System, 2019 - 2030, USD Million
FIG 10 Asia Pacific Servo Motors Market share by Type, 2022
FIG 11 Asia Pacific Servo Motors Market share by Type, 2030
FIG 12 Asia Pacific Servo Motors Market by Type, 2019 - 2030, USD Million
FIG 13 Asia Pacific Servo Motors Market share by Application, 2022
FIG 14 Asia Pacific Servo Motors Market share by Application, 2030
FIG 15 Asia Pacific Servo Motors Market by Application, 2019 - 2030, USD Million
FIG 16 Asia Pacific Servo Motors Market share by Country, 2022
FIG 17 Asia Pacific Servo Motors Market share by Country, 2030
FIG 18 Asia Pacific Servo Motors Market by Country, 2019 - 2030, USD Million
FIG 19 SWOT Analysis: Siemens AG
FIG 20 SWOT Analysis: ABB Group
FIG 21 SWOT Analysis: Mitsubishi Electric Corporation
FIG 22 SWOT Analysis: Schneider Electric SE
FIG 23 SWOT Analysis: Yaskawa Electric Corporation
FIG 24 SWOT Analysis: FANUC Corporation
FIG 25 SWOT Analysis: Rockwell Automation, Inc.
FIG 26 SWOT Analysis: Parker Hannifin Corporation
FIG 27 SWOT Analysis: Bosch Rexroth AG