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

The Germany Servo Motors Market size is expected to reach $898.06 Million by 2030, rising at a market growth of 3.8% CAGR during the forecast period.

The servo motors market in Germany has witnessed substantial growth over the past few years, driven by advancements in automation technologies across various industries such as automotive, manufacturing, robotics, and aerospace. As Germany continues to be a powerhouse in industrial production, the demand for servo motors remains robust, fueled by the need for enhanced productivity, accuracy, and energy efficiency in manufacturing processes. One of the key factors driving the growth of the servo motors market in Germany is the increasing adoption of automation solutions across industries.

Moreover, the automotive industry, a significant contributor to Germany's economy, is a major consumer of servo motors. With the rise of electric vehicles (EVs) and the need for more sophisticated manufacturing processes, the demand for servo motors in this sector is expected to escalate further. According to the German Trade & Invest, the German government has set itself the goal of 15 million fully electric vehicles by the year 2030 and has a role as the lead provider and industry for e-mobility solutions. The 328,000 fully electric vehicles manufactured had an industry value of around EUR 13.7 billion – up from EUR 8 billion in 2020. Servo motors are utilized in various applications within the automotive manufacturing process, including assembly lines, robotic arms, and precision machining, driving the industry growth in Germany.

However, the COVID-19 pandemic has significantly impacted the servo motors market in Germany, causing disruptions in supply chains, production schedules, and overall economic activity. During the initial stages of the pandemic, many manufacturing facilities were temporarily shut down or operated at reduced capacities to comply with lockdown measures and ensure employee safety. This led to a slowdown in demand for servo motors as companies postponed investments in automation and capital equipment. However, as the economy gradually recovers and industries adapt to the new normal, the demand for servo motors is expected to rebound.

Market Trends

Increasing utilization in renewable energy sectors

In Germany, the servo motors market is experiencing a significant shift driven by the increasing utilization of renewable energy sources. As the country aims to transition towards a more sustainable and environmentally friendly energy landscape, renewable energy sectors such as wind and solar power are witnessing rapid growth. One of the primary drivers behind the rising utilization of renewable energy sources is the German government's ambitious targets for reducing greenhouse gas emissions and fostering renewable energy adoption.

According to the International Trade Administration, the country has set ambitious targets to source 80% of its energy from renewables by 2030. By 2022, Germany had made significant progress, achieving 46% of this goal. Renewable sources constituted a substantial 42.3% share of the domestic energy mix. Through initiatives like the Energiewende, Germany aims to generate a substantial portion of its energy from renewable sources by 2030. This has led to a surge in investments in wind farms, solar parks, and other renewable energy infrastructure projects across the country.

Moreover, servo motor technology advancements have improved efficiency, reliability, and performance, making them increasingly attractive for applications in renewable energy sectors. German manufacturers are developing servo motors with higher torque density, better precision, and enhanced control capabilities to meet the demanding requirements of renewable energy systems. Thus, the surge in renewable energy adoption in Germany is driving a significant shift in the servo motors market, with technological advancements and government initiatives catalyzing growth and innovation.

Rising adoption of AC servo motors

In Germany, the servo motors market has witnessed a significant shift in recent years with the rising adoption of AC servo motors. One of the key drivers of the AC servo motor market in Germany is the country's strong industrial base, particularly in sectors such as automotive, machinery, and electronics. These industries demand high-performance servo motors to ensure precise and efficient operation of their manufacturing equipment. Additionally, the emphasis on Industry 4.0 initiatives has further propelled the demand for advanced automation technologies, including AC servo motors, to enhance productivity and flexibility in production processes.

The automotive industry is a significant consumer of AC servo motors. These motors are used in various applications within automotive manufacturing plants, such as robotic assembly lines, CNC machining, and material handling systems. According to the Germany Trade & Invest, German automobile manufacturers produced over 15.6 million vehicles in 2021. As automotive manufacturers strive for greater efficiency and flexibility in production, the demand for high-performance servo motors continues to grow.

Furthermore, focusing on energy efficiency and sustainability influences the choice of servo motors in Germany. AC servo motors offer higher efficiency than traditional motors, reducing energy consumption and operating costs for industrial applications. As German companies prioritize environmental sustainability, the demand for energy-efficient servo motors is expected to increase. Therefore, Germany's strong industrial base, emphasis on Industry 4.0, and focus on energy efficiency drive the significant shift towards adopting AC servo motors, particularly in sectors like automotive, machinery, and electronics.

Competition Analysis

The servo motors market in Germany is a vital segment of the country's industrial landscape, renowned for its engineering excellence, precision manufacturing, and innovation. One major player in the German servo motors market is Siemens AG. Siemens is a multinational conglomerate known for its comprehensive industrial automation and control solutions portfolio. The company's servo motors are renowned for their precision, reliability, and performance, making them essential components in various industrial applications. Siemens offers a diverse range of servo motors tailored to meet the specific requirements of different industries, from small-scale automation to heavy-duty manufacturing processes.

SEW-Eurodrive GmbH & Co. KG is also a significant participant in the German servo motors market. It is a global supplier of drive technology and automation solutions, offering a comprehensive range of servo motors, gear motors, and drive systems. The company's servo motors are known for their robust construction, reliability, and versatility, serving diverse automotive, logistics, and food processing industries. SEW-Eurodrive's dedication to research and development enables it to deliver cutting-edge servo motor solutions that optimize performance and efficiency in various applications.

Another prominent player in the German servo motors market is Bosch Rexroth AG. Bosch Rexroth is a leading provider of drive and control technologies, offering a wide range of servo motors, drives, and controllers for industrial automation and motion control applications. The company's servo motors are characterized by their high precision, dynamics, and energy efficiency, making them suitable for demanding applications in manufacturing, robotics, and material handling. Bosch Rexroth's commitment to innovation and sustainability ensures that its servo motor solutions meet the evolving needs of customers while minimizing environmental impact.

In addition to these major players, several other companies contribute to the competitiveness and innovation of the German servo motors market. Kollmorgen GmbH, for instance, specializes in motion control technologies, including servo motors and drives, designed to meet the demanding requirements of industrial automation and robotics. Lenze SE is another notable player, offering a comprehensive portfolio of motion control solutions, including servo motors, controllers, and software, to optimize machine performance and productivity.

Furthermore, companies such as Beckhoff Automation GmbH & Co. KG, Wittenstein SE, and Pilz GmbH & Co. KG are prominent players in the German servo motors market, bringing expertise and innovation to drive the industry forward. These companies leverage technological advancements, such as digitalization, connectivity, and artificial intelligence, to develop servo motor solutions that enhance precision, flexibility, and reliability in industrial automation applications. Hence, the German servo motors market is characterized by intense competition, innovation, and a strong focus on engineering excellence.

List of Key Companies Profiled

• Siemens AG
• ABB Group
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Yaskawa Electric Corporation
• FANUC Corporation
• Rockwell Automation, Inc.
• Parker Hannifin Corporation
• Bosch Rexroth AG (Robert Bosch GmbH)
• Regal Rexnord Corporation

Germany 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

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Germany Servo Motors Market, by System
1.4.2 Germany Servo Motors Market, by Type
1.4.3 Germany Servo Motors Market, by Application
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
2.2.3 Market Opportunities
2.2.4 Market Challenges
2.2.5 Market Trends

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4 Porter Five Forces Analysis

Chapter 4. Germany Servo Motors Market
4.1 Germany Servo Motors Market by System
4.2 Germany Servo Motors Market by Type
4.3 Germany Servo Motors Market by Application

Chapter 5. Company Profiles – Global Leaders
5.1 Siemens AG
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.1.5 Recent strategies and developments:
5.1.5.1 Product Launches and Product Expansions:
5.1.5.2 Acquisition and Mergers:
5.1.6 SWOT Analysis
5.2 ABB Group
5.2.1 Company Overview
5.2.2 Financial Analysis
5.2.3 Segmental and Regional Analysis
5.2.4 Research & Development Expense
5.2.5 Recent strategies and developments:
5.2.5.1 Partnerships, Collaborations, and Agreements:
5.2.5.2 Acquisition and Mergers:
5.2.6 SWOT Analysis
5.3 Mitsubishi Electric Corporation
5.3.1 Company Overview
5.3.2 Financial Analysis
5.3.3 Segmental and Regional Analysis
5.3.4 Research & Development Expense
5.3.5 Recent strategies and developments:
5.3.5.1 Partnerships, Collaborations, and Agreements:
5.3.6 SWOT Analysis
5.4 Schneider Electric SE
5.4.1 Company Overview
5.4.2 Financial Analysis
5.4.3 Segmental and Regional Analysis
5.4.4 Research & Development Expense
5.4.5 Recent strategies and developments:
5.4.5.1 Product Launches and Product Expansions:
5.4.6 SWOT Analysis
5.5 Yaskawa Electric Corporation
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Segmental and Regional Analysis
5.5.4 Recent strategies and developments:
5.5.4.1 Partnerships, Collaborations, and Agreements:
5.5.4.2 Product Launches and Product Expansions:
5.5.5 SWOT Analysis
5.6 FANUC Corporation
5.6.1 Company Overview
5.6.2 Financial Analysis
5.6.3 Regional Analysis
5.6.4 Research & Development Expense
5.6.5 SWOT Analysis
5.7 Rockwell Automation, Inc.
5.7.1 Company Overview
5.7.2 Financial Analysis
5.7.3 Segmental and Regional Analysis
5.7.4 Research & Development Expenses
5.7.5 Recent strategies and developments:
5.7.5.1 Acquisition and Mergers:
5.7.6 SWOT Analysis
5.8 Parker Hannifin Corporation
5.8.1 Company Overview
5.8.2 Financial Analysis
5.8.3 Segmental and Regional Analysis
5.8.4 Research & Development Expenses
5.8.5 Recent strategies and developments:
5.8.5.1 Partnerships, Collaborations, and Agreements:
5.8.5.2 Product Launches and Product Expansions:
5.8.6 SWOT Analysis
5.9 Bosch Rexroth AG (Robert Bosch GmbH)
5.9.1 Company Overview
5.9.2 Financial Analysis
5.9.3 Segmental and Regional Analysis
5.9.4 Research & Development Expense
5.9.5 Recent strategies and developments:
5.9.5.1 Acquisition and Mergers:
5.9.6 SWOT Analysis
5.10. Regal Rexnord Corporation
5.10.1 Company Overview
5.10.2 Financial Analysis
5.10.3 Segmental and Regional Analysis
5.10.4 Research & Development Expenses
5.10.5 Recent strategies and developments:
5.10.5.1 Acquisition and Mergers:

TABLE 1 Germany Servo Motors Market, 2019 - 2022, USD Million
TABLE 2 Germany 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 Germany Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 7 Germany Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 8 Germany Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 9 Germany Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 10 Germany Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 11 Germany Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 12 Key Information – Siemens AG
TABLE 13 Key Information – ABB Group
TABLE 14 Key Information – Mitsubishi Electric Corporation
TABLE 15 Key Information – Schneider Electric SE
TABLE 16 Key Information – Yaskawa Electric Corporation
TABLE 17 key information – FANUC Corporation
TABLE 18 Key Information – Rockwell Automation, Inc.
TABLE 19 Key Information – Parker Hannifin Corporation
TABLE 20 Key Information – Bosch Rexroth AG
TABLE 21 Key Information – Regal Rexnord Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 Germany 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 Germany Servo Motors Market share by System, 2022
FIG 8 Germany Servo Motors Market share by System, 2030
FIG 9 Germany Servo Motors Market by System, 2019 - 2030, USD Million
FIG 10 Germany Servo Motors Market share by Type, 2022
FIG 11 Germany Servo Motors Market share by Type, 2030
FIG 12 Germany Servo Motors Market by Type, 2019 - 2030, USD Million
FIG 13 Germany Servo Motors Market share by Application, 2022
FIG 14 Germany Servo Motors Market share by Application, 2030
FIG 15 Germany Servo Motors Market by Application, 2019 - 2030, USD Million
FIG 16 SWOT Analysis: Siemens AG
FIG 17 SWOT Analysis: ABB Group
FIG 18 SWOT Analysis: Mitsubishi Electric Corporation
FIG 19 SWOT Analysis: Schneider Electric SE
FIG 20 SWOT Analysis: Yaskawa Electric Corporation
FIG 21 SWOT Analysis: FANUC Corporation
FIG 22 SWOT Analysis: Rockwell Automation, Inc.
FIG 23 SWOT Analysis: Parker Hannifin Corporation
FIG 24 SWOT Analysis: Bosch Rexroth AG