North America 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 North America Servo Motors Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030).

The US market dominated the North America Servo Motors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,069.3 Million by 2030. The Canada market is experiencing a CAGR of 7.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.1% during (2023 - 2030).

In the aerospace and defense industries, these motors are utilized in flight control systems, navigation equipment, and unmanned aerial vehicles (UAVs), where accuracy, agility, and reliability are paramount. These motors are integral components of precision flight control systems in UAVs, providing the actuation necessary for controlling flight surfaces such as ailerons, elevators, rudders, and flaps. These motors enable UAVs to achieve stable flight dynamics, responsive maneuverability, and precise control over pitch, roll, and yaw axes. By converting electrical signals from flight controllers into mechanical movements, these motors ensure smooth and accurate adjustments to the UAV's orientation and trajectory, which is essential for achieving mission objectives with reliability and precision.

Furthermore, these motors are utilized in navigation equipment such as gyroscopes, inertial measurement units (IMUs), and autopilot systems, providing accurate and stable positioning, orientation, and attitude control. These motors facilitate precise adjustments to sensor platforms and guidance systems, enabling reliable navigation, targeting, and mission execution in aerospace and defense applications. Whether deployed in aircraft, spacecraft, or missile systems, these motors contribute to the accuracy and reliability of navigation and guidance systems, enhancing operational effectiveness and mission success.

As per the data from the International Trade Administration, Mexico ranks the seventh-largest producer globally, with an annual production of 3.5 million passenger vehicles. Out of the total number of vehicles manufactured in Mexico, 88 percent are exported, with 76 percent being allocated to the United States. Additionally, as per the data from the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada’s regional development agencies (RDAs). It complemented support for the aerospace industry provided through Canada’s COVID-19 Economic Response Plan and by Industry, Science and Economic Development (ISED) through the Strategic Innovation Fund. Hence, North America's growing aerospace and automotive sectors will boost the demand for these motors in the region.

Free Valuable Insights: The Servo Motors Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

• US
• Canada
• Mexico
• Rest of North America

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

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

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

Chapter 8. North America Servo Motors Market by Country
8.1 US Servo Motors Market
8.1.1 US Servo Motors Market by System
8.1.2 US Servo Motors Market by Type
8.1.3 US Servo Motors Market by Application
8.2 Canada Servo Motors Market
8.2.1 Canada Servo Motors Market by System
8.2.2 Canada Servo Motors Market by Type
8.2.3 Canada Servo Motors Market by Application
8.3 Mexico Servo Motors Market
8.3.1 Mexico Servo Motors Market by System
8.3.2 Mexico Servo Motors Market by Type
8.3.3 Mexico Servo Motors Market by Application
8.4 Rest of North America Servo Motors Market
8.4.1 Rest of North America Servo Motors Market by System
8.4.2 Rest of North America Servo Motors Market by Type
8.4.3 Rest of North America 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 North America Servo Motors Market, 2019 - 2022, USD Million
TABLE 2 North America 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 North America Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 7 North America Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 8 North America Rotary Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Rotary Market by Country, 2023 - 2030, USD Million
TABLE 10 North America Linear Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Linear Market by Country, 2023 - 2030, USD Million
TABLE 12 North America Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 13 North America Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 14 North America AC Servo Motor Market by Country, 2019 - 2022, USD Million
TABLE 15 North America AC Servo Motor Market by Country, 2023 - 2030, USD Million
TABLE 16 North America DC Servo Motor Market by Country, 2019 - 2022, USD Million
TABLE 17 North America DC Servo Motor Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 19 North America Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 20 North America Robotics Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Robotics Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Machine Tools Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Machine Tools Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Printing & Packaging Technologies Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Printing & Packaging Technologies Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Electronic Devices Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Electronic Devices Market by Country, 2023 - 2030, USD Million
TABLE 28 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Servo Motors Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Servo Motors Market by Country, 2023 - 2030, USD Million
TABLE 32 US Servo Motors Market, 2019 - 2022, USD Million
TABLE 33 US Servo Motors Market, 2023 - 2030, USD Million
TABLE 34 US Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 35 US Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 36 US Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 37 US Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 38 US Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 39 US Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 40 Canada Servo Motors Market, 2019 - 2022, USD Million
TABLE 41 Canada Servo Motors Market, 2023 - 2030, USD Million
TABLE 42 Canada Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 43 Canada Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 44 Canada Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 45 Canada Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 46 Canada Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 47 Canada Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 48 Mexico Servo Motors Market, 2019 - 2022, USD Million
TABLE 49 Mexico Servo Motors Market, 2023 - 2030, USD Million
TABLE 50 Mexico Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 51 Mexico Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 52 Mexico Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 53 Mexico Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 54 Mexico Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 55 Mexico Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 56 Rest of North America Servo Motors Market, 2019 - 2022, USD Million
TABLE 57 Rest of North America Servo Motors Market, 2023 - 2030, USD Million
TABLE 58 Rest of North America Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 59 Rest of North America Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 60 Rest of North America Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 61 Rest of North America Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 62 Rest of North America Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 63 Rest of North America Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 64 Key Information – Siemens AG
TABLE 65 Key Information – ABB Group
TABLE 66 Key Information – Mitsubishi Electric Corporation
TABLE 67 Key Information – Schneider Electric SE
TABLE 68 Key Information – Yaskawa Electric Corporation
TABLE 69 key information – FANUC Corporation
TABLE 70 Key Information – Rockwell Automation, Inc.
TABLE 71 Key Information – Parker Hannifin Corporation
TABLE 72 Key Information – Bosch Rexroth AG
TABLE 73 Key Information – Regal Rexnord Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Servo Motors Market share by System, 2022
FIG 8 North America Servo Motors Market share by System, 2030
FIG 9 North America Servo Motors Market by System, 2019 - 2030, USD Million
FIG 10 North America Servo Motors Market share by Type, 2022
FIG 11 North America Servo Motors Market share by Type, 2030
FIG 12 North America Servo Motors Market by Type, 2019 - 2030, USD Million
FIG 13 North America Servo Motors Market share by Application, 2022
FIG 14 North America Servo Motors Market share by Application, 2030
FIG 15 North America Servo Motors Market by Application, 2019 - 2030, USD Million
FIG 16 North America Servo Motors Market share by Country, 2022
FIG 17 North America Servo Motors Market share by Country, 2030
FIG 18 North America 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