The Impact of Automation on the Servo Motor and Drive Market

The global servo motor and drive market to be evaluated at US$ 18.62 billion by 2024. Product sales are expected to grow at a CAGR of 8.2% and reach a value level of US$ 40.94 billion by the end of 2034. Servo motor and drive markets are an essential segment of the automation industry with innovations in precision control, increasing efficiencies, and overall system performances over an expansive list of industries. Most conspicuously, in motion control systems, the constituents that take prominence are servo motors and drives. The servo motor and drive markets find applications in robot technologies, CNC machinery, packaging, and the automobile industry, among others, where there is a requirement for the control of angular or linear position, velocity, and acceleration.

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Market Size and Growth

The global servo drive market is growing at a high pace because manufacturing, automotive, and electronic industries are moving quickly toward automation. A recent publication by Fact.MR indicates that the global servo motor and drive market is poised to expand at a steady rate over the coming decade, with market size acquiring substantial figures at the end of the forecast period. The overall demand for servo motors and drives is also driven by the increased adoption of Industry 4.0 and the growing demand for energy-efficient solutions.

This market is driven by the rapid industrialization in developing countries, automation technology improvements, and increasing use of robotics across various applications. Asia-Pacific is projected to dominate the market because of the increased growth rate of the manufacturing sector and increased investment in automation technologies, particularly in countries like India and China.

Key Companies Profiled

• Siemens AG
• Altra Industrial Motion Corp.
• Panasonic Corporation
• Nidec Motor Corporation
• Parker Hannifin Corporation
• Delta Electronics Inc.
• Fuji Electric Co.
• Hitachi Ltd.
• Rozum Robotics Inc.
• Mitsubishi Electric Corporation
• Schneider Electric
• Fanuc Corporation
• Rockwell Automation, Inc.
• ABB
• Applied Motion Products

Future of Servo Motor

A lot of innovations are being made in the technological field, which will help in making servo motors more efficient, compact, and cost-effective. One major imminent trend driving servo technology to a more advanced level will be the infusion of smart technologies into applications, such as the Internet of Things and Artificial Intelligence.

Another important trend is a tendency to bring in energy-efficient solutions. With the growing emphasis on sustainability, the servo motor manufacturers are tirelessly coming up with motors that consume lower power and are much more effective. This reduces operational costs and aligns with global moves toward green and sustainable industrial practices.

The demand for servo motors in the market is also increasing on the electric vehicle market. With the increasing trend of vehicle electrification, the demand for such precise, high-efficiency motion control systems has been soaring—applied in these EV applications.

Servo motors generally are accompanied by servo drives, also called servo amplifiers, providing the power and control signals necessary for the motor to work. The servo drive must be able to control both the voltage and the current heading for the motor and do so in such a way as to allow effective control over the position, speed, and torque of the motor. Among many drives used for servo motors are:

AC Servo Drives: This drive is used for allowing the AC servo motor to run at high performance. Generally, these are used in applications with speed and position control that demand accuracy. DC Servo Drives: This drive is used together with the DC servo motor. Applications can, therefore, be found demanding very high torques at lower speeds.

Stepper Drives: Stepper drives are not true servo drives; however, they are used where accurate positioning is required, although without the closed-loop control that the typical servo system provides.

Servo Drive vs. Variable Frequency Drive (VFD)

Often, there is confusion between servo drives and Variable Frequency Drives. They only resemble each other in the sense that both are used for motor speed and torque control. Other than that, they differ in their features and uses.

The servo drive is specifically designed to work with servo motors, enabling the accurate and controlled management of positions, speeds, and torques within a closed-loop system. Accuracy and a high dynamic response are guaranteed by this closed-loop feedback, making applications of the servo drive perfectly feasible for applications requiring high precision in motion control.

A VFD regulates the power supplied to an AC motor for speed control in terms of frequency and voltage. VFDs are used in any application regarding the management of system speed: fans, conveyors, and pumps, among others. However, the dynamic control lacks the same sort of precision and dynamics given by servo drives, which would make them appropriate for applications in positioning.

Applications of Servo Motor

Servo motors primarily find their applications in cases of angular position, velocity, and acceleration control. Industries and the major fields in which these servo motors are applied are:
Robotics: In the field of robotics, the servo motors contribute to the control of joint and arm movements and allow for smooth and precise motions.

CNC Machinery: Servo motors are used on computer numerical control (CNC) machines for positioning tools with high precision to perform machining operations perfectly and repetitively.

Packaging: Servo motors used in packaging machines drive the functions of filling, sealing, and labeling by providing exact timing and positioning.

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Automotive: The applications of servo motors in the automotive industry are characterized by the use of these motors in assembly lines—electric power steering systems and throttle control.

Aerospace: Flaps, landing gear, and other vital systems requiring the dispersal of controlled movement in aerospace applications are driven by servo motors.

In conclusion, the market for servo motors and drives is bound to proliferate, driven by new developments in automation technologies and the continuous demand for precision control in a diverse range of industries. The importance of these will, therefore, increase in determining the future industrial automation landscape when industries go down the road to ever-more intelligent energy-saving solutions.

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