The global automotive servo motor market is anticipated to grow at a steady CAGR for the forecast period, 2022-2026. The growing demand for the integration of automation technology in automobiles to enhance the consumer experience and vehicle performance is expected to drive the global automotive servo motor market.

Servo motors are electronic devices used in automobiles and rotary or linear actuators that rotate and push the parts of the attached machine with accuracy. The servo motors attached in automobiles offer several benefits such as high torque, enhanced speed and accuracy, and compact size. Servo motor is a kind of electrical device that can rotate the part of the machine with higher precision and efficiency. A servo motor consists of major components, namely an electric motor, a control system, a potentiometer, and a drive system. Servo motors are extensively used in automation and robotic technology, which needs precise and controlled mechanical positioning to get the desired results.

Increased Demand for Robotic Vehicles Spurs Market Growth

The huge demand for robotic vehicles among various industry verticals to minimize the costs and reduce the chances of human error by improving the precision in work is influencing the demand for automotive servo motors. Applications such as bomb detonation and military applications make the use of robotic vehicles to minimize the risks to human lives and in these servo motors are used to generate the required torque to move, start and stop the robotic vehicle smoothly.

Growing Demand for Automation Technology Drives Market Growth

High-end investments by the market players for technological advancements in automobile manufacturing to produce highly efficient vehicles is increasing the use of automation technology in automobiles. The number of electrical devices integrated with the system in automobiles to ease using the vehicle is fueling the demand for servo motors. Implementation of emerging technologies such as the internet of things, artificial intelligence, and cloud computing for the industrial automation process to manufacture advanced automobiles is expected to boost the demand for the global automotive servo motors market. The development of highly dynamic and low inertia servo motors and the launch of advanced servo motors serving enhanced performance and efficiency is expected to fuel the market demand in the next five years.

Development of Transport & Logistics Industry Supports Market Growth

The growing E-commerce industry around the globe, owing to the high internet penetration and the proliferation of smart devices, is accelerating the demand for efficient transport & logistics industry. The E-commerce industry promises the customers quick delivery and pick-up options and an easy exchange facility, further strengthening the development of an advanced supply chain. Servo motors are used in the anti-locking systems, pedal systems, fuel injection systems to control the vehicle speed. Also, servo motors find applications in the automobile manufacturing process such as vehicle assembling, assembly process, body painting, chassis marriage systems which aim to improve the accuracy, speed, and productivity of the automobile manufacturing process; therefore, is highly adopted by the manufacturing industries. Servo motors improve the transport & logistics operations by their use in the control system, which enhances the overall efficiency of the automobiles.


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Market Segmentation

The global automotive servo motor market is segmented on the basis of motor type, vehicle type, demand category, regional distribution, and competition landscape. Based on the motor type, the market is bifurcated into AC and DC. Based on the vehicle type, the market is divided into passenger car, light commercial vehicle, and medium & heavy commercial vehicle. Based on the demand category, the market is bifurcated into OEM and replacement. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.

Market Players

Kollmorgen Corporation, Fuji Electric Co., Ltd., Electromate Inc., Electric Motor Solutions, ElectroCraft, Inc., are among the major market players in the global platform that lead the growth of the global automotive servo motor market.

Attribute

Details

Base Year

2020

Historical Years

2016 – 2019

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Motor Type

·         Vehicle Type

·         Demand Category

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Egypt

Key Companies Profiled

Kollmorgen Corporation; Fuji Electric Co., Ltd.; Electromate Inc.; Electric Motor Solutions; ElectroCraft, Inc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global automotive servo motor market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Automotive Servo Motor Market, By Motor Type:
    • AC
    • DC
  • Automotive Servo Motor Market, By Vehicle Type:
    • Passenger Car
    • Light Commercial Vehicle
    • Medium & Heavy Commercial Vehicle
  • Automotive Servo Motor Market, By Demand Category:
    • OEM
    • Replacement
  • Automotive Servo Motor Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Malaysia
      • Thailand
      • Indonesia
      • Vietnam
      • South Korea
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Belgium
      • Russia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa

§  South Africa

§  UAE

§  Saudi Arabia

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global automotive servo motor market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Automotive Servo Motor Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided Brand Recall and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    Global Automotive Servo Motor Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value and Volume

6.2.  Market Share & Forecast

6.2.1.     By Motor Type (AC, DC)

6.2.2.     By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle)

6.2.3.     By Demand Category (OEM vs Replacement)

6.2.4.     By Region (North America; Europe & CIS; Asia Pacific; South America and Middle East & Africa)

6.2.5.     By Company (2020)

6.3.  Product Market Map (By Vehicle Type, By Region)

7.    North America Automotive Servo Motor Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Motor Type

7.2.2.     By Vehicle Type

7.2.3.     By Demand Category

7.2.4.     By Country (United States; Canada; Mexico)

7.3.  Product Market Map (By Vehicle Type, By Country)

7.4.  North America: Country Analysis

7.4.1.     United States Automotive Servo Motor Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value and Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Motor Type

7.4.1.2.2.             By Vehicle Type

7.4.1.2.3.             By Demand Category

7.4.2.     Canada Automotive Servo Motor Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value and Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Motor Type

7.4.2.2.2.             By Vehicle Type

7.4.2.2.3.             By Demand Category

7.4.3.     Mexico Automotive Servo Motor Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value and Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Motor Type

7.4.3.2.2.             By Vehicle Type

7.4.3.2.3.             By Demand Category

8.    Asia Pacific Automotive Servo Motor Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Motor Type

8.2.2.     By Vehicle Type

8.2.3.     By Demand Category

8.2.4.     By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea)

8.2.5.     Product Market Map (By Vehicle Type, By Country)

8.3.  Asia Pacific: Country Analysis

8.3.1.     China Automotive Servo Motor Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value and Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Motor Type

8.3.1.2.2.             By Vehicle Type

8.3.1.2.3.             By Demand Category

8.3.2.     India Automotive Servo Motor Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value and Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Motor Type

8.3.2.2.2.             By Vehicle Type

8.3.2.2.3.             By Demand Category

8.3.3.     Japan Automotive Servo Motor Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value and Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Motor Type

8.3.3.2.2.             By Vehicle Type

8.3.3.2.3.             By Demand Category

8.3.4.     Malaysia Automotive Servo Motor Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value and Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Motor Type

8.3.4.2.2.             By Vehicle Type

8.3.4.2.3.             By Demand Category

8.3.5.     Thailand Automotive Servo Motor Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value and Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Motor Type

8.3.5.2.2.             By Vehicle Type

8.3.5.2.3.             By Demand Category

8.3.6.     Indonesia Automotive Servo Motor Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value and Volume

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Motor Type

8.3.6.2.2.             By Vehicle Type

8.3.6.2.3.             By Demand Category

8.3.7.     Vietnam Automotive Servo Motor Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value and Volume

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Motor Type

8.3.7.2.2.             By Vehicle Type

8.3.7.2.3.             By Demand Category

8.3.8.     South Korea Automotive Servo Motor Market Outlook

8.3.8.1.         Market Size & Forecast

8.3.8.1.1.             By Value and Volume

8.3.8.2.         Market Share & Forecast

8.3.8.2.1.             By Motor Type

8.3.8.2.2.             By Vehicle Type

8.3.8.2.3.             By Demand Category

9.    Europe & CIS Automotive Servo Motor Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value and Volume

9.2.  Market Share & Forecast

9.2.1.     By Motor Type

9.2.2.     By Vehicle Type

9.2.3.     By Demand Category

9.2.4.     By Country (Germany, France, United Kingdom, Spain, Italy, Belgium, Russia)

9.3.  Product Market Map (By Vehicle Type, By Country)

9.4.  Europe & CIS: Country Analysis

9.4.1.     Germany Automotive Servo Motor Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value and Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Motor Type

9.4.1.2.2.             By Vehicle Type

9.4.1.2.3.             By Demand Category

9.4.2.     France Automotive Servo Motor Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value and Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Motor Type

9.4.2.2.2.             By Vehicle Type

9.4.2.2.3.             By Demand Category

9.4.3.     United Kingdom Automotive Servo Motor Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value and Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Motor Type

9.4.3.2.2.             By Vehicle Type

9.4.3.2.3.             By Demand Category

9.4.4.     Spain Automotive Servo Motor Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value and Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Motor Type

9.4.4.2.2.             By Vehicle Type

9.4.4.2.3.             By Demand Category

9.4.5.     Italy Automotive Servo Motor Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value and Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Motor Type

9.4.5.2.2.             By Vehicle Type

9.4.5.2.3.             By Demand Category

9.4.6.     Belgium Automotive Servo Motor Market Outlook

9.4.6.1.         Market Size & Forecast

9.4.6.1.1.             By Value and Volume

9.4.6.2.         Market Share & Forecast

9.4.6.2.1.             By Motor Type

9.4.6.2.2.             By Vehicle Type

9.4.6.2.3.             By Demand Category

9.4.7.     Russia Automotive Servo Motor Market Outlook

9.4.7.1.         Market Size & Forecast

9.4.7.1.1.             By Value and Volume

9.4.7.2.         Market Share & Forecast

9.4.7.2.1.             By Motor Type

9.4.7.2.2.             By Vehicle Type

9.4.7.2.3.             By Demand Category

10.  South America Automotive Servo Motor Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value and Volume

10.2.              Market Share & Forecast

10.2.1.  By Motor Type

10.2.2.  By Vehicle Type

10.2.3.  By Demand Category

10.2.4.  By Country (Brazil, Argentina, Colombia)

10.3.              Product Market Map (By Vehicle Type, By Country)

10.4.              South America: Country Analysis

10.4.1.  Brazil Automotive Servo Motor Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value and Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Motor Type

10.4.1.2.2.           By Vehicle Type

10.4.1.2.3.           By Demand Category

10.4.2.  Argentina Automotive Servo Motor Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value and Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Motor Type

10.4.2.2.2.           By Vehicle Type

10.4.2.2.3.           By Demand Category

10.4.3.  Colombia Automotive Servo Motor Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value and Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Motor Type

10.4.3.2.2.           By Vehicle Type

10.4.3.2.3.           By Demand Category

11.  Middle East and Africa Automotive Servo Motor Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value and Volume

11.2.              Market Share & Forecast

11.2.1.  By Motor Type

11.2.2.  By Vehicle Type

11.2.3.  By Demand Category

11.2.4.  By Country (South Africa, UAE, Saudi Arabia, Egypt)

11.3.              Product Market Map (By Vehicle Type, By Country)

11.4.              Middle East and Africa: Country Analysis

11.4.1.  South Africa Automotive Servo Motor Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value and Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Motor Type

11.4.1.2.2.           By Vehicle Type

11.4.1.2.3.           By Demand Category

11.4.2.  UAE Automotive Servo Motor Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value and Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Motor Type

11.4.2.2.2.           By Vehicle Type

11.4.2.2.3.           By Demand Category

11.4.3.  Saudi Arabia Automotive Servo Motor Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value and Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Motor Type

11.4.3.2.2.           By Vehicle Type

11.4.3.2.3.           By Demand Category

11.4.4.  Egypt Automotive Servo Motor Market Outlook

11.4.4.1.      Market Size & Forecast

11.4.4.1.1.           By Value and Volume

11.4.4.2.      Market Share & Forecast

11.4.4.2.1.           By Motor Type

11.4.4.2.2.           By Vehicle Type

11.4.4.2.3.           By Demand Category

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.              Company Profiles (Partial List of Leading Companies)

14.1.1.  Kollmorgen Corporation

14.1.2.  Fuji Electric Co., Ltd. 

14.1.3.  Electromate Inc. 

14.1.4.  Electric Motor Solutions

14.1.5.  ElectroCraft, Inc.

15.  Strategic Recommendations

16.  About Us & Disclaimer

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