LAMEA Servo Motors Market Size, Share & Trends Analysis Report By System, By Type, By Application (Robotics, Machine Tools, Printing & Packaging Technologies, Electronic Devices and Others), By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Servo Motors Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA Servo Motors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $349 Million by 2030. The Argentina market is showcasing a CAGR of 7.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.8% during (2023 - 2030).

A key trend is integrating Industry 4.0 principles and technologies, such as Internet of Things (IoT) connectivity, data analytics, and predictive maintenance, into servo motor systems. With real-time data and advanced analytics, manufacturers can optimize servo motor performance, anticipate maintenance needs, and minimize downtime, enhancing efficiency, reliability, and overall equipment effectiveness (OEE).

Furthermore, advancements in servo motor technology are enabling new applications and capabilities, such as collaborative robotics, additive manufacturing, and autonomous vehicles. These motors with enhanced precision, speed, and versatility empower industries to push the boundaries of automation and achieve unprecedented levels of productivity and innovation.

According to data from the Government of UAE, in 2020, the UAE approved a temporary license to test self-driving vehicles, a move that reflects the government's continuous efforts to adopt advanced technologies within all sectors. Testing autonomous vehicles is part of the UAE's strategy to become a global leader in attracting innovation and advanced technology applications. In addition, the Saudi government has implemented various policies and incentives to encourage automotive manufacturing and localization within the country. As per the data from the International Trade Administration, the automotive sector in the Middle East and North Africa (MENA) region is currently experiencing a 36% growth rate, with Saudi Arabia emerging as the primary industry in the area. In 2020, Saudi Arabia constituted 35% of the vehicles sold in the MENA region and nearly 52% of the vehicles sold in the Gulf Cooperation Council. In 2019, 556 thousand vehicles were sold in Saudi Arabia; in 2020, 436 thousand vehicles were sold. The projected sales figure by 2025 is 543,000 units. Hence, the rising adoption of self-driving cars and automotive sector growth in LAMEA will assist in the expansion of the regional market.

Free Valuable Insights: The Worldwide Servo Motors Market is Projected to reach USD 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA Servo Motors Market Report Segmentation

By System

• Rotary
• Linear

By Type

• AC Servo Motor
• DC Servo Motor

By Application

• Robotics
• Machine Tools
• Printing & Packaging Technologies
• Electronic Devices
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Servo Motors Market, by System
1.4.2 LAMEA Servo Motors Market, by Type
1.4.3 LAMEA Servo Motors Market, by Application
1.4.4 LAMEA 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. LAMEA Servo Motors Market by System
5.1 LAMEA Rotary Market by Country
5.2 LAMEA Linear Market by Country

Chapter 6. LAMEA Servo Motors Market by Type
6.1 LAMEA AC Servo Motor Market by Country
6.2 LAMEA DC Servo Motor Market by Country

Chapter 7. LAMEA Servo Motors Market by Application
7.1 LAMEA Robotics Market by Country
7.2 LAMEA Machine Tools Market by Country
7.3 LAMEA Printing & Packaging Technologies Market by Country
7.4 LAMEA Electronic Devices Market by Country
7.5 LAMEA Others Market by Country

Chapter 8. LAMEA Servo Motors Market by Country
8.1 Brazil Servo Motors Market
8.1.1 Brazil Servo Motors Market by System
8.1.2 Brazil Servo Motors Market by Type
8.1.3 Brazil Servo Motors Market by Application
8.2 Argentina Servo Motors Market
8.2.1 Argentina Servo Motors Market by System
8.2.2 Argentina Servo Motors Market by Type
8.2.3 Argentina Servo Motors Market by Application
8.3 UAE Servo Motors Market
8.3.1 UAE Servo Motors Market by System
8.3.2 UAE Servo Motors Market by Type
8.3.3 UAE Servo Motors Market by Application
8.4 Saudi Arabia Servo Motors Market
8.4.1 Saudi Arabia Servo Motors Market by System
8.4.2 Saudi Arabia Servo Motors Market by Type
8.4.3 Saudi Arabia Servo Motors Market by Application
8.5 South Africa Servo Motors Market
8.5.1 South Africa Servo Motors Market by System
8.5.2 South Africa Servo Motors Market by Type
8.5.3 South Africa Servo Motors Market by Application
8.6 Nigeria Servo Motors Market
8.6.1 Nigeria Servo Motors Market by System
8.6.2 Nigeria Servo Motors Market by Type
8.6.3 Nigeria Servo Motors Market by Application
8.7 Rest of LAMEA Servo Motors Market
8.7.1 Rest of LAMEA Servo Motors Market by System
8.7.2 Rest of LAMEA Servo Motors Market by Type
8.7.3 Rest of LAMEA 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 LAMEA Servo Motors Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 7 LAMEA Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 8 LAMEA Rotary Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Rotary Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Linear Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Linear Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 13 LAMEA Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 14 LAMEA AC Servo Motor Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA AC Servo Motor Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA DC Servo Motor Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA DC Servo Motor Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 19 LAMEA Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 20 LAMEA Robotics Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Robotics Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Machine Tools Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Machine Tools Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Printing & Packaging Technologies Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Printing & Packaging Technologies Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Electronic Devices Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Electronic Devices Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Servo Motors Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Servo Motors Market by Country, 2023 - 2030, USD Million
TABLE 32 Brazil Servo Motors Market, 2019 - 2022, USD Million
TABLE 33 Brazil Servo Motors Market, 2023 - 2030, USD Million
TABLE 34 Brazil Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 35 Brazil Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 36 Brazil Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 37 Brazil Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 38 Brazil Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 39 Brazil Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 40 Argentina Servo Motors Market, 2019 - 2022, USD Million
TABLE 41 Argentina Servo Motors Market, 2023 - 2030, USD Million
TABLE 42 Argentina Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 43 Argentina Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 44 Argentina Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 45 Argentina Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 46 Argentina Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 47 Argentina Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 48 UAE Servo Motors Market, 2019 - 2022, USD Million
TABLE 49 UAE Servo Motors Market, 2023 - 2030, USD Million
TABLE 50 UAE Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 51 UAE Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 52 UAE Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 53 UAE Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 54 UAE Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 55 UAE Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 56 Saudi Arabia Servo Motors Market, 2019 - 2022, USD Million
TABLE 57 Saudi Arabia Servo Motors Market, 2023 - 2030, USD Million
TABLE 58 Saudi Arabia Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 59 Saudi Arabia Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 60 Saudi Arabia Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 61 Saudi Arabia Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 62 Saudi Arabia Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 63 Saudi Arabia Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 64 South Africa Servo Motors Market, 2019 - 2022, USD Million
TABLE 65 South Africa Servo Motors Market, 2023 - 2030, USD Million
TABLE 66 South Africa Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 67 South Africa Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 68 South Africa Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 69 South Africa Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 70 South Africa Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 71 South Africa Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 72 Nigeria Servo Motors Market, 2019 - 2022, USD Million
TABLE 73 Nigeria Servo Motors Market, 2023 - 2030, USD Million
TABLE 74 Nigeria Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 75 Nigeria Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 76 Nigeria Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 77 Nigeria Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 78 Nigeria Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 79 Nigeria Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 80 Rest of LAMEA Servo Motors Market, 2019 - 2022, USD Million
TABLE 81 Rest of LAMEA Servo Motors Market, 2023 - 2030, USD Million
TABLE 82 Rest of LAMEA Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 83 Rest of LAMEA Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 84 Rest of LAMEA Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 85 Rest of LAMEA Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 86 Rest of LAMEA Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 87 Rest of LAMEA 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 LAMEA 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 LAMEA Servo Motors Market share by System, 2022
FIG 8 LAMEA Servo Motors Market share by System, 2030
FIG 9 LAMEA Servo Motors Market by System, 2019 - 2030, USD Million
FIG 10 LAMEA Servo Motors Market share by Type, 2022
FIG 11 LAMEA Servo Motors Market share by Type, 2030
FIG 12 LAMEA Servo Motors Market by Type, 2019 - 2030, USD Million
FIG 13 LAMEA Servo Motors Market share by Application, 2022
FIG 14 LAMEA Servo Motors Market share by Application, 2030
FIG 15 LAMEA Servo Motors Market by Application, 2019 - 2030, USD Million
FIG 16 LAMEA Servo Motors Market share by Country, 2022
FIG 17 LAMEA Servo Motors Market share by Country, 2030
FIG 18 LAMEA 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