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Servo Motors And Drives Market size is set to grow by USD 4.37 billion from 2024-2028, Increasing demand for integrated servo motors and brushless motors boost the market, Technavio

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NEW YORK, Aug. 7, 2024 /PRNewswire/ — The global servo motors and drives market size is estimated to grow by USD 4.37 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.41% during the forecast period. Increasing demand for integrated servo motors and brushless motors is driving market growth, with a trend towards technological advances and new product developments. However, intense competition among vendors poses a challenge. Key market players include ABB Ltd., ADTECH SHENZHEN TECHNOLOGY CO. LTD., Danfoss AS, Delta Electronics Inc., Emerson Electric Co., FANUC Corp., Fuji Electric Co. Ltd., Kollmorgen Corp., Mitsubishi Electric Corp., Nidec Corp., OMRON Corp., Parker Hannifin Corp., Regal Rexnord Corp., Robert Bosch GmbH, Rockwell Automation Inc., Rozum Robotics, Schneider Electric SE, SEW EURODRIVE GmbH and Co KG, Siemens AG, and Yaskawa Electric Corp..

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Servo Motors And Drives Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.41%

Market growth 2024-2028

USD 4370.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.03

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 62%

Key countries

China, US, Japan, Germany, and UK

Key companies profiled

ABB Ltd., ADTECH SHENZHEN TECHNOLOGY CO. LTD., Danfoss AS, Delta Electronics Inc., Emerson Electric Co., FANUC Corp., Fuji Electric Co. Ltd., Kollmorgen Corp., Mitsubishi Electric Corp., Nidec Corp., OMRON Corp., Parker Hannifin Corp., Regal Rexnord Corp., Robert Bosch GmbH, Rockwell Automation Inc., Rozum Robotics, Schneider Electric SE, SEW EURODRIVE GmbH and Co KG, Siemens AG, and Yaskawa Electric Corp.

Market Driver

The servo motors and drives market is experiencing significant growth due to the increasing demand for advanced servo systems in various industries. Vendors are introducing innovative products to cater to this demand. For instance, Kollmorgen launched the TBM2G series of frameless servo motors in April 2022, offering improved functionality and compact design for collaborative robots and other applications. Inovance Technology Europe GmbH introduced the SV670 servo series, along with high-performance controllers and input/output modules, in November 2022. Celera Motion, a subsidiary of Novanta Inc., launched the Everest S servo drive in October 2022, which is the smallest and fastest servo drive in the world. These product developments will boost the growth of the servo motors and drives market during the forecast period, particularly in sectors such as robotics and process industries like oil and gas and chemical and petrochemical.

The Servo Motors and Drives market is experiencing significant growth due to increasing demand in motion control applications across various industries. Linear motors and rotary motors, including AC, DC, brushless, and stepper motors, are popular choices for precision motion control in robotics and automation. Motion control technology advancements, such as closed-loop control and feedback control systems, enhance system performance and reliability. Servo drives, motor controllers, amplifiers, and power supplies are essential components of servo systems, providing speed, torque, and acceleration control. Motion control solutions cater to CNC machine advancements, robotics industry developments, and robotics regulations, ensuring high-performance and improved machine reliability. Servo accessories and mechanisms complete the servo system, offering customized solutions for specific applications. Electric motor technologies continue to evolve, driving innovation in servo motor design and drive performance.

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Market Challenges

The servo motors and drives market is experiencing significant growth due to the rising demand for automated equipment and robots in various industries. Key application areas include automobile manufacturing, packaging, food processing, healthcare, semiconductors, and robotics. In process and discrete industries, automated material handling systems are increasingly being adopted to enhance operational efficiency and reduce lead time. Hybrid servo motors, known for their precision and control, are popular choices for such equipment. By automating tasks that were previously labor-intensive and expensive, industries save on labor and equipment costs. As a result, the demand for servo motors and drives is expected to increase, fueling market growth throughout the forecast period.The Servo Motors and Drives market is experiencing significant growth due to increasing demand in motion control applications, particularly in robotics and automation industries. Challenges include ensuring motion control quality with linear motors and precision motion control systems, meeting regulations in robotics industry developments, and improving servo motor reliability and servo drive performance. Motion control solutions providers are focusing on advancing servo technologies, including motor controllers, servo amplifiers, and servo controllers, to meet these challenges. High-performance motors, such as AC, DC, brushless, and servo motors, are being developed for speed and torque control. Feedback control systems and closed-loop control advancements are also crucial for ensuring accurate positioning and improving CNC machine reliability. Servo accessories, such as servo power supplies and servo mechanisms, are essential for optimizing servo drive performance. Linear motors and rotary motors are being used interchangeably in various applications, leading to increased competition and innovation in the market. Electric motor technologies, including stepper motors and servo drives, are also evolving to meet the demands of industrial automation and motion control systems.

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Segment Overview

This servo motors and drives market report extensively covers market segmentation by

Product1.1 DC servo motors/drives1.2 AC servo motors/drivesType2.1 Rotary system2.2 Linear systemGeography3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America

1.1 DC servo motors/drives- The DC servo motors and drives market is expected to grow at a slower pace compared to the AC servo motors and drives segment due to the increasing preference for AC servo motors in various industries. DC servo motors, which have a better power-to-weight ratio, have operational drawbacks such as higher noise and vibration levels and lower thermal performance. The main reason for these issues is the commutation mechanism or commutator present in most DC servo motors, which causes excessive wear and vibration. While brushless DC motors are available as an alternative, they are primarily used in consumer durables and power tools, not industrial drives. On the other hand, medium-voltage AC servo motors are commonly used in applications where AC power is supplied, such as in heavy industries and renewable energy sectors. The rise of IoT and machine learning in industrial automation and robotics is expected to boost the demand for DC servo motors and drives, as they offer precise control without being tethered to an AC power source. However, the growth of medium-voltage DC servo motors is anticipated to increase due to the development of high-voltage DC power distribution systems for renewable energy sectors.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Motors and Drives Services market is experiencing robust growth, driven by increasing automation across industries. The Servo and Stepper Motors market is expanding due to their precision and reliability in industrial applications. Concurrently, the Brushless DC Motors market is benefiting from their efficiency and longevity, making them ideal for consumer electronics and automotive applications. Collectively, these segments reflect a dynamic shift towards advanced motor technologies, with innovations propelling market expansion and offering new opportunities for growth in various sectors.

Research Analysis

The Servo Motors and Drives market encompasses advanced electric motor technologies, including Brushless motors and DC motors, used for precise motion control in various industries. Closed-loop control systems and feedback control advancements ensure CNC machine reliability and high-performance, enabling advancements in CNC machine capabilities. Servo motors offer torque control, speed control, and positioning systems for robotics and automation applications. Motor controllers and servo power supplies optimize motor performance, while feedback control systems ensure accurate positioning. Precision motion control is a key focus in robotics industry developments, driven by robotics regulations and the need for high-performance and reliability. Servo systems are integral to motion control technology, powering applications from industrial automation to aerospace and defense. Stepper motors offer alternative solutions for precise positioning in specific applications.

Market Research Overview

Servo motors are a type of electric motor that provide precise control over motion and position. They are commonly used in motion control applications such as CNC machines, robotics, and automation systems. Servo motors operate on the principle of closed-loop control, which involves the use of feedback control systems to monitor and adjust motor performance in real-time. This ensures high-precision motion control and improved machine reliability. Servo motors come in various types, including AC, DC, brushless, and rotary motors. High-performance servo motors are used in demanding applications where precise speed and torque control are essential. Linear motors are another type of servo motor that provides linear motion instead of rotary motion. Motion control technology has advanced significantly in recent years, leading to the development of high-performance servo drives, motor controllers, and servo amplifiers. These components work together to provide precise speed, torque, and position control. Servo accessories such as encoders, brakes, and clutches are also available to enhance servo motor performance. The servo motors and drives market is driven by the growing demand for automation in various industries, including manufacturing, robotics, and transportation. The increasing focus on precision motion control and machine reliability is also fueling the growth of this market. Advancements in electric motor technologies, such as brushless motors and feedback control systems, are expected to further drive the market in the coming years. However, regulatory challenges and the high cost of servo motors and drives may limit market growth to some extent.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductDC Servo Motors/drivesAC Servo Motors/drivesTypeRotary SystemLinear SystemGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

 

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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STARTRADER Launches SKHY as SK Hynix Makes Its US Market Debut, Giving Clients Timely Access to a Key AI Memory Name

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SKHY gives clients direct exposure to a key supplier of high-bandwidth memory at the heart of the AI acceleration market.

DUBAI, UAE, July 23, 2026 /PRNewswire/ — STARTRADER today announced the launch of SK Hynix Inc. (SKHY) as a US Stock CFD on its trading platform, available from July 22, 2026. Moving swiftly following SK Hynix’s recent US listing, which raised approximately $26.5 billion, STARTRADER is ensuring clients can engage with this name at the earliest opportunity.

This is precisely the type of occasion STARTRADER builds its product strategy around. As significant names enter the US market and begin drawing institutional attention, STARTRADER moves decisively to ensure clients have access when it carries the most relevance. For a company of SK Hynix’s standing in the AI memory supply chain, its US debut represents exactly that kind of opportunity.

The decision reflects a product philosophy centred on anticipation. As the boundary between global and US-listed equities continues to narrow, STARTRADER intends to remain consistently at that intersection, connecting clients to names the global investment community is beginning to follow closely and providing the access needed to engage with both confidence and context.

“Clients who follow the AI infrastructure story understand that the opportunity runs through the entire supply chain, including the memory and bandwidth that make large-scale AI possible. SK Hynix’s arrival on the US market made this the right moment to act, and acting early on behalf of our clients is exactly what we intend to keep doing.”

Peter Karsten, Chief Executive Officer, STARTRADER

SKHY marks the latest addition in a product offering designed to keep clients directly connected to the names and sectors defining the next phase of global market development, with the breadth and precision to engage with structural investment themes as they take shape.

Trading CFDs involves a significant risk of loss and may not be suitable for all investors. Please ensure you fully understand the risks before trading.

About STARTRADER
STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STAR-APP, and STAR-COPY. Regulated infive jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

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FORD AND GEELY AUTO JOIN FORCES IN EUROPE TO PRODUCE NEXT-GENERATION MULTI-ENERGY VEHICLES IN SPAIN

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The global automakers plan to form a manufacturing joint venture at Ford’s Valencia, Spain, plant, combining scale and factory utilization, to build Ford and Geely vehiclesThe partnership, built on a foundation of trust and shared business principles, secures the future of the Valencia plant, provides long-term stability and creates the potential for future high-tech manufacturing job growthThe joint venture addresses the new realities of the European market — intense global competition, relentless cost pressure and tightening regulation — resetting Valencia to build at the industry’s emerging cost benchmarkThe Valencia plant will produce a new generation of low- and zero-emission vehicles for European markets, offering customers an outstanding technology experienceThe joint venture is expected to produce an all-new multi-energy crossover for Ford, in addition to a new member of the Bronco family, plus two electric Geely SUVs, with production starting in 2028. Kuga production continues uninterruptedThe collaboration accelerates Geely Auto’s European expansion, and supports Ford’s product offensive to bring five new passenger vehicles to European showrooms by 2029

VALENCIA, Spain, July 23, 2026 /PRNewswire/ — Ford Motor Company and Geely Automobile Holdings (hereafter “Geely Auto”) today announced an agreement to form a Europe-focused joint venture (JV) at Ford’s Valencia, Spain, manufacturing hub.

The new JV will manufacture Ford and Geely multi-energy passenger vehicles for the European market, driving greater choice and value for European drivers.

Europe is home to one of the fiercest competitive battles in the global automotive industry today. Tightening regulation, high operating costs and a new generation of global competitors have reset the industry’s benchmark for manufacturing cost, vehicle technology and software experience.

By pooling production volume, Ford and Geely will maximize the capacity of the Valencia plant, lower the cost of every vehicle built there, and compete at this emerging cost standard while delivering world-class multi-energy vehicles and strengthening the local Valencia economy in the process.

Pending regulatory approvals, the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028. The Valencia plant will continue to produce the Ford Kuga in the meantime.

“This JV with Ford in Europe reflects our commitment to open, collaborative product development as part of our growth strategy, deepening our local presence and commitment to customers in Europe”, said Alex Nan, Vice President of Geely Auto Group. “We are dedicated to delivering vehicles that European customers will choose on merit: on industry leading features, on high-quality and on actively contributing to Europe’s green future. Put simply: we are building cars in Europe, for Europe, alongside a trusted partner.”

Ford’s partnership with Geely is built on a foundation of trust and respect stretching back to 2010 when Ford sold Volvo Cars to Geely and watched it protect and revitalize the brand. Both companies share a commitment to quality, cost-efficient sourcing and continuous improvement, as well as a belief that customers should be able to choose their own path through the energy transition.

Transforming Valencia into a Powerhouse for Low-CO2 Mobility

The JV will transform Ford’s Valencia facility – already one of Europe’s most productive and advanced plants, with a potential annual capacity of about 500,000 vehicles – into a shared, high-tech manufacturing hub built to compete at the industry’s new global cost standard. The plant has been at the leading edge of the European market since it opened in 1976, when it built the original Ford Fiesta, Ford’s first global front-wheel-drive car, and a major success. Ford was the first non-Spanish automaker to build in Valencia, the start of a partnership with Spain and its people that remains as strong today.

Under the proposed ownership structure, Ford will own 66% of the new entity and Geely Auto 34%.

An Exciting Vehicle Lineup

“For nearly 50 years, Valencia has built some of the most-loved cars in our history, and now this team will help build our future”, said Jim Baumbick, President, Ford of Europe. ” That’s why we’re building a flexible, cost-effective industrial system with a capable partner in Geely Auto. Together we can fully utilize a best-in-class plant with a great workforce and match the industry’s new cost benchmark. This is all part of Ford’s vision to give European drivers rally-bred handling, true off-road capability and multi-energy technology, with a distinct Blue Oval DNA.”

The JV will combine the engineering, manufacturing and development know-how of two of the world’s leading automakers to build both Ford and Geely low- and zero-emission passenger vehicles. The cars will be tailored for European drivers and will offer them choice in powertrain technology, as well as outstanding digital experiences.

Ford Models:

The Popular Ford Kuga: Production of the Ford Kuga — one of Europe’s favorite plug-in hybrids — will continue uninterrupted in Valencia.A Rugged New Bronco: Valencia will also produce a new member of the global Bronco family – a tough, compact, adventure-ready SUV built for European roads, with production starting in 2028.An All-New Crossover: A multi-energy family crossover, designed by Ford and jointly developed with Geely will arrive in 2028. Engineered with Ford’s signature capabilities and driving dynamics, it is part of an aggressive product offensive that will bring five new multi-energy vehicles to Europe by 2029.

Geely Models:

Sleek Electric SUVs: Geely Auto plans to produce two electric SUVs at the Valencia facility in full support of their European focus and growth strategy. The first Geely-branded models to be manufactured under this joint venture are scheduled to roll off the production line in 2028.

The venture supports Geely Auto’s international expansion, following overseas sales of 474,228 vehicles in the first half of the year, while advancing Ford’s strategy of using partnerships to compete with speed, efficiency and scale in Europe.

“This partnership shows how automakers are strengthening Europe’s industrial base, but we can’t do it alone,” said Jim Baumbick. “What we’ve achieved in Valencia, with the ongoing support of Spain’s national and regional governments, is a masterclass in public-private partnership that sets the benchmark for the rest of Europe.”

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities, and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services, including BlueCruise (ADAS) and security. The company offers freedom of choice through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough electric vehicles (“EVs”) along with embedded software that defines always-on digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, the company provides financial services through Ford Motor Credit Company. Ford employs about 168,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.

About Geely Auto Group

Geely Auto Group is a leading global automotive company headquartered in Hangzhou, China. Part of Zhejiang Geely Holding Group, Geely Auto Group develops and manufactures passenger vehicles under the Geely, Lynk & Co, and Zeekr brands.

Geely Auto achieved cumulative sales of 3,024,567 units in 2025, exceeding the full-year sales target with a year-on-year growth of 39%. New energy vehicle (NEV) sales reached 1,687,767 units, a year-on-year increase of 90%.

With a strong focus on technology innovation, electrification, and sustainable mobility, Geely Auto Group operates world-class R&D centers and manufacturing facilities across China, Europe, and key international markets. The Group is committed to delivering safe, high-quality, and intelligent vehicles enabled by advanced technologies such as hybrid powertrains, full-electric architectures, smart connectivity, and autonomous driving systems.

As a global company, Geely Auto Group continues to expand its international presence through strategic partnerships, localized operations, and industry-leading platforms. Geely strives to create mobility solutions that are greener, smarter, and more accessible, driving forward the future of sustainable transportation.

Ford news releases, related materials, photos and video, visit From the Road, www.fordmedia.eu or www.media.ford.com.
Follow www.linkedin.com/company/ford-in-europe, www.youtube.com/FordNewsEurope, www.instagram.com/FordNewsEurope,
www.threads.net/@fordnewseurope and www.tiktok.com/@FordNewsEurope

 

 

 

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K25.ai Secures Series A Investment with Strategic Support from Amber Group, Valuation Doubles to US$200 Million

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Series A follows K25.ai’s oversubscribed Pre-A round and accelerates its vision to make prediction markets native to live digital content

SINGAPORE, July 23, 2026 /PRNewswire/ — K25.ai, the AI-native prediction market transforming livestreams into real-time interactive markets, today announced the closing of its Series A investment round, with strategic support from Amber Group, at a post-money valuation of US$200 million, doubling the company’s valuation in under 60 days.

The Series A marks another major milestone for K25.ai as it builds a new category at the convergence of artificial intelligence, live digital content, creator economies and prediction markets.

K25.ai enables audiences to predict what happens next across live sports, esports, entertainment and creator content. Its proprietary AI infrastructure supports real-time market generation, content monitoring and outcome resolution, powering a seamless watch-to-predict experience.

The investment and strategic collaboration will accelerate K25.ai’s product development, global expansion, institutional liquidity infrastructure and creator ecosystem.

“We’re building the category where AI meets live content and real-money prediction. Amber Group’s backing — and the doubling of our valuation — confirms the market is ready. We’re moving fast,” said Andy Cheung, Founder and CEO of K25.ai.

Amber Group will support K25.ai across market infrastructure, liquidity strategy, ecosystem development and related digital asset expertise.

“K25.ai is creating a differentiated platform at the intersection of AI, real-time content and prediction markets,” said Haoyu, Portfolio Director of amber.ac. “We are excited to support its experienced team as it scales a new generation of interactive financial and entertainment experiences.”

The Series A follows K25.ai’s recently closed Pre-A round led by Nasdaq-listed NewGenIVF Group Limited (Nasdaq: NIVF). The Series A support from Amber Group doubles K25.ai’s valuation from its Pre-A round and adds a second institutional backer alongside NewGenIVF Group, extending K25.ai’s strategic support across both public markets and digital assets.

About K25.ai

K25.ai is an AI-native livestreaming prediction market transforming passive audiences into active participants. By combining live content, creator-led markets and AI-powered resolution, K25.ai is building the infrastructure for the next generation of interactive information markets.

About Amber Group

Amber Group is a global leader in digital assets, headquartered in Singapore. Amber Group is the parent company of Amber International Holding Limited (Nasdaq: AMBR), which operates as a separate publicly traded company. Since 2017, Amber Group has developed full-stack solutions that bridge traditional finance and digital assets, offering end-to-end services including wealth management, asset management, market making, advisory, investment, and infrastructure. These products and services are offered across various entities within Amber Group. Certain products, services, technologies, and initiatives described in this press release are developed or carried out by subsidiaries or affiliates of Amber Group other than Amber International Holding Limited, and are not necessarily conducted by or attributable to the listed entity.

Backed by top investors and equipped with deep expertise in both digital and traditional markets, Amber Group leverages AI, blockchain, and quantitative research to deliver personalized, cutting-edge solutions. The company focuses on servicing a diverse global clientele—comprising HNW individuals, institutions, funds, exchanges, and projects—to optimize returns safely across all market conditions.

Learn more at www.ambergroup.io.

Media and Investor Contacts

K25.ai Media Contact
media@k25.ai 

K25.ai Investor Relations Contact
ir@k25.ai 

K25.ai Partnership Contact
partnership@k25.ai 

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