Servo Motors and Drives Market worth 15.92 Billion USD by 2022

“The market for stainless steel servo motors and drives is expected to grow at a highest CAGR between 2016 and 2022. The increasing demand for stainless steel from food processing and pharmaceutical and healthcare industries is a major driving factor for t”
The scope of this report covers the servo motors and drives market based on offering, type, material of construction, voltage range, communication protocol, industry, and geography.

The report Servo Motors and Drives Market by Offering (Motor & Drive Component, Software & Service), Type (AC/DC, Linear Servo Motor, Adjustable Speed Drives), Voltage Range, MoC, Communication Protocol, Industry, and Geography – Global Forecast to 2022″, The servo motors and drives market is expected to grow from USD 10.26 Billion in 2015 to USD 15.92 Billion by 2022, at a CAGR of 6.25% between 2016 and 2022.

Browse 68 market data tables and 82 figures spread through 190 pages and in-depth TOC on “Servo Motors and Drives Market – Global Forecast to 2022”

Sample Pages of the Report @

Early buyers will receive 10% customization on reports.

The advancement and rapid growth in automation and adoption of energy-efficient international standards are some of the significant growth drivers for the servo motors and drives market.

AC servo motors to lead the servo motors market

The AC servo motors is expected to hold the largest share in the servo motors and drives market between 2016 and 2022. The high capability and dynamic functionality of AC servo motors is the major reason behind its increasing use in various industries such as automotive, and food processing, packaging, among others.

Packaging industry for the servo motors and drives market to grow at the highest rate during the forecast period

The packaging industry uses automation for a wide range of operations. The various application of servo motors and drives in the packaging industry includes electric injection molding machine, hybrid injection molding machines (plastic injection molding machines, CNC machines), and others. The reason for the increasing adoption of servo motors and drives in the packaging industry is the growing need and use of automated, accurate, and faster machines.

APAC held the largest share of the servo motors and drives market in 2015

The APAC held the largest share of the servo motors and drives market in 2015. The reason for this growth is increasing industrial activity along with the demand for faster and accurate motors and drives to achieve a higher production output. The increasing demand for energy efficient production processes coupled with the need of software systems is fostering the growth of the servo motors and drives market. The high growth observed in machine tool production and other sectors related to the production of smart phones and automobiles, which includes electronics assembly, semiconductor machinery, and customized robots for different applications are some of the reasons for the growth of the servo motors and drives market in the APAC region.

Report Details :

Some of the major players in the servo motors and drives market are Yaskawa Electric Corporation (Japan), Mitsubishi Electric Corporation (Japan), Siemens AG (Germany), Schneider Electric (France), Rockwell Automation Inc. (U.S.), ABB ltd. (U.S.), KINCO Automation Pvt. Ltd (China), Delta Electronics, Inc. (Taiwan), Emerson Electric Co. (U.S.), FANUC Corporation (Japan), Kollmorgen Corporation (U.S.), Bosch Rexroth AG (Germany) and Adtech (SHENZHEN) Technology Co. Ltd. (Japan) among others.


About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


Mr. Rohan
Markets and Markets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Rohan
Phone: 1-888-600-6441
Address:701 Pike Street, Suite 2175
City: Seattle
State: Washington
Country: United States