The Europe Servo Motors Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030).
The Germany market dominated the Europe Servo Motors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $898.1 Million by 2030. The UK market is exhibiting a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.7% during (2023 - 2030).
In semiconductor manufacturing, these motors are essential for wafer processing equipment such as lithography machines, etching systems, and deposition tools. These motors drive precise movements of robotic arms, stages, and positioning systems, facilitating nanometer-scale accuracy and repeatability during fabrication. By ensuring precise alignment, spacing, and movement of semiconductor wafers and processing tools, these motors enable the production of integrated circuits with tight dimensional tolerances and high device densities.
Moreover, these motors are integral to robotics and automation, powering articulated arms, gantry systems, and collaborative robots (cobots) in industrial, commercial, and healthcare settings. In medical devices, these motors enable precise motion control in surgical robots, diagnostic equipment, and laboratory automation systems, facilitating minimally invasive procedures and improving patient outcomes.
As per the International Trade Administration, for 2021, the French civil aerospace industry recorded a modest gain in revenue, reaching €35.66 billion out of a total of €55.2 billion in non-consolidated aerospace and defense revenues. This represents an improvement over the previous year, 2020. The aerospace and defense industry are responsible for around 68% of its total consolidated turnover, while the civil sector accounts for 69% of its income. A 68% rise in orders was seen in 2021 compared to 2020. Thus, the growing aerospace sector in Europe will lead to an increased demand for these motors in the region.
Free Valuable Insights: The Global Servo Motors Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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