Market Forecast By Product Type (Servo Motors, Servo Drives), By Voltage Range (Low Voltage, Medium Voltage, High Voltage), By Phase Type (Two-Phase, Three-Phase), By Communication Protocol (Fieldbus, Industrial Ethernet, Wireless), By End-Use Industry (Aerospace & Defense, Automotive and Transportation, Semiconductor and Electronics, Printing & Packaging, Food & Beverage, Chemicals and Petrochemicals, Others) And Competitive Landscape
Product Code: ETC256598 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Turkey AC Servo Motors And Drives Market report thoroughly covers the market by product type, by voltage range, by phase type, by communication protocol, and end-use industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Turkey AC servo motors and drives market is estimated to gain traction due to the increasing demand from the manufacturing sector, particularly in the automotive and textile sectors. Moreover, the rising adoption of AC servo motors and drives in robotics and smart factories is proliferating the market growth. However, the market has numerous challenges, such as the high initial cost of these motors and drives and the lack of skilled professionals. Nevertheless, the increasing adoption of automation and Industry 4.0 technologies in the manufacturing sector is estimated to leave a favourable impact on the market growth.
According to 6Wresearch, the Turkey AC Servo Motors And Drives Market size is estimated to grow at a CAGR of 6.9% during the forecast period 2025-2031. The demand for AC servo motors is increasing in the market underpinned by various growing factors such as the growing trend towards automation, the growing need for higher accuracy and precision in manufacturing processes, and the increasing IoT and Industry 4.0 technologies adoption. Furthermore, the increasing use of robotics in the industrial sector is also driving the demand for AC servo motors and drives. On the other hand, some challenges that exist in the Turkey AC Servo Motors industry that can impede its growth are the high initial cost of AC servo motors and the lack of skilled professionals who can operate and maintain these motors and drives. However, with some ongoing trends market still has a scope to expand. One such is the growing use of medical equipment and the increasing trend of miniaturization in the manufacturing industry are bolstering the AC servo motors demand. Another trend is the integration of AC servo motors and drives with IoT and Industry 4.0 technologies.
The Turkish government has been supporting the growth of the AC servo motors and drives market. For instance, the government has implemented the Industry 4.0 strategy to boost the digital transformation of the manufacturing sector. Moreover, the government is offering tax incentives and subsidies to attract foreign investors to the industry, these measures are supporting the market growth.
Some of the key players in the Turkey AC servo motors and drives market include Siemens AG, ABB Ltd., Delta Electronics, Inc., Mitsubishi Electric Corporation, and Schneider Electric SE.
According to Dhaval, Research Manager, 6Wresearch, there has been a noticeable shift in the demand for servo drives in the Turkey due to their high efficiency as they allow the motor to run at the desired speed with a corresponding amount of torque. These drives provide a much higher torque than the traditional VFDs, thus making them ideal for high-speed applications.
Based on the voltage range, the medium voltage range is an ideal solution for these industries, as it's more suited to big machinery than the low voltage range. This range is ideal for large-scale manufacturing where heavy machinery is used, such as power generation, mining, and heavy industry.
Based on the end-use industry, the semiconductor and electronics industry are the only end-use industry that is experiencing significant growth in the market due to the increasing demand for advanced electronics and improved automation in the manufacturing processes of electrical goods is a key driver of growth in this end-use industry.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Turkey AC Servo Motors And Drives Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey AC Servo Motors And Drives Market Revenues & Volume, 2021 & 2031F |
3.3 Turkey AC Servo Motors And Drives Market - Industry Life Cycle |
3.4 Turkey AC Servo Motors And Drives Market - Porter's Five Forces |
3.5 Turkey AC Servo Motors And Drives Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Turkey AC Servo Motors And Drives Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
3.7 Turkey AC Servo Motors And Drives Market Revenues & Volume Share, By Phase Type, 2021 & 2031F |
3.8 Turkey AC Servo Motors And Drives Market Revenues & Volume Share, By Communication Protocol, 2021 & 2031F |
3.9 Turkey AC Servo Motors And Drives Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Turkey AC Servo Motors And Drives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey AC Servo Motors And Drives Market Trends |
6 Turkey AC Servo Motors And Drives Market, By Types |
6.1 Turkey AC Servo Motors And Drives Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Servo Motors, 2021 - 2031F |
6.1.4 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Servo Drives, 2021 - 2031F |
6.2 Turkey AC Servo Motors And Drives Market, By Voltage Range |
6.2.1 Overview and Analysis |
6.2.2 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Low Voltage, 2021 - 2031F |
6.2.3 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Medium Voltage, 2021 - 2031F |
6.2.4 Turkey AC Servo Motors And Drives Market Revenues & Volume, By High Voltage, 2021 - 2031F |
6.3 Turkey AC Servo Motors And Drives Market, By Phase Type |
6.3.1 Overview and Analysis |
6.3.2 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Two-Phase, 2021 - 2031F |
6.3.3 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Three-Phase, 2021 - 2031F |
6.4 Turkey AC Servo Motors And Drives Market, By Communication Protocol |
6.4.1 Overview and Analysis |
6.4.2 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Fieldbus, 2021 - 2031F |
6.4.3 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Industrial Ethernet, 2021 - 2031F |
6.4.4 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Wireless, 2021 - 2031F |
6.5 Turkey AC Servo Motors And Drives Market, By End-Use Industry |
6.5.1 Overview and Analysis |
6.5.2 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.5.3 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Automotive and Transportation, 2021 - 2031F |
6.5.4 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Semiconductor and Electronics, 2021 - 2031F |
6.5.5 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Printing & Packaging, 2021 - 2031F |
6.5.6 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.5.7 Turkey AC Servo Motors And Drives Market Revenues & Volume, By Chemicals and Petrochemicals, 2021 - 2031F |
7 Turkey AC Servo Motors And Drives Market Import-Export Trade Statistics |
7.1 Turkey AC Servo Motors And Drives Market Export to Major Countries |
7.2 Turkey AC Servo Motors And Drives Market Imports from Major Countries |
8 Turkey AC Servo Motors And Drives Market Key Performance Indicators |
9 Turkey AC Servo Motors And Drives Market - Opportunity Assessment |
9.1 Turkey AC Servo Motors And Drives Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Turkey AC Servo Motors And Drives Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
9.3 Turkey AC Servo Motors And Drives Market Opportunity Assessment, By Phase Type, 2021 & 2031F |
9.4 Turkey AC Servo Motors And Drives Market Opportunity Assessment, By Communication Protocol, 2021 & 2031F |
9.5 Turkey AC Servo Motors And Drives Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Turkey AC Servo Motors And Drives Market - Competitive Landscape |
10.1 Turkey AC Servo Motors And Drives Market Revenue Share, By Companies, 2024 |
10.2 Turkey AC Servo Motors And Drives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |