The Australia servo motors and drives market size reached USD 266.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 376.0 Million by 2033, exhibiting a growth rate (CAGR) of 3.92% during 2025-2033. The market is driven by the growing demand for automated technologies for improving productivity, efficiency, and safety, rising investment in renewable energy infrastructure, and technological advancements in robotics and smart manufacturing to enhance operational flexibility and minimize downtime.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 266.0 Million |
Market Forecast in 2033 | USD 376.0 Million |
Market Growth Rate 2025-2033 | 3.92% |
Rising Demand for Industrial Automation Across Sectors
The drive for industrial automation in Australia is impelling the growth of the market. As industries like manufacturing, mining, food processing, and logistics become increasingly reliant on automated technologies for improving productivity, efficiency, and safety, the demand for precision motion control components is increasing. Servo drives and motors provide high torque density, accurate speed control, and reliability, suitable for automated equipment, robotic systems, and computer number control (CNC) machines. The manufacturing industry in the country, especially, is adopting Industry 4.0 technologies, which focus on connected and intelligent systems. The efforts of the Australian Government to support advanced manufacturing capabilities through funding and innovation grants also promote the adoption of automation solutions. Moreover, labor deficiencies in some technical positions and maintaining global competitiveness are facilitating the transformation towards intelligent motion control systems, rendering servo technologies a necessity for contemporary production scenarios. In 2024, the government launched a $22.7 Future Made in Australia Plan to conduct advanced manufacturing in Australia and build a stronger and resilient economy.
Growth in Renewable Energy and Sustainability Initiatives
Australia's growing investment in renewable energy infrastructure is supporting the growth of the market. With the nation shifting to cleaner energy resources, including solar and wind power, the installation of automated tracking and positioning systems in renewable energy installations is rising. Servo systems play a critical role in applications, such as solar panel tracking, where they make panels align with the position of the sun to ensure maximum energy capture. In addition, Australia's national and state-level sustainability policies are encouraging energy-efficient technologies, such as high-performance and low-power motors and drives. The application of Minimum Energy Performance Standards (MEPS) is also encouraging industries to upgrade old motors with more efficient ones. Servo motors, with their low power consumption and high precision control, are well-suited to these green objectives and so are a popular pick in green manufacturing operations and smart energy infrastructure developments. As per an article published by Clean Energy Council, overall, 4346 MW of new generation capacity were approved in Australia for build during 2024 worth more than $9 billion of capital expenditure, together with over 10,000 jobs during the construction phase.
Advancements in Robotics and Smart Manufacturing Technologies
Technological improvements in robotics and smart manufacturing are positively influencing the market in Australia. With industries embracing smart machinery and collaborative robots (cobots) to enhance operational flexibility and minimize downtime, the demand for advanced motion control systems is growing. Servo motors are used in robotic joints, end-effectors, and precision assembly systems because they can provide high-speed, precise, and repeatable motion. Australia's significant emphasis on high-tech manufacturing, particularly in industries, such as aerospace, medical devices, and defense, is also augmenting the need for these components. Adoption of artificial intelligence (AI), machine learning (ML), and internet of things (IoT) technologies in manufacturing environments is also generating prospects for sophisticated servo systems with embedded feedback and real-time diagnostics. As per the information provided by the IMARC Group, the Australia IoT market size is expected to reach USD 90.61 Billion by 2032.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product type, voltage range, system, communication protocol, and end use industry.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes servo motors and servo drives.
Voltage Range Insights:
A detailed breakup and analysis of the market based on the voltage range have also been provided in the report. This includes low voltage and medium and high voltage.
System Insights:
A detailed breakup and analysis of the market based on the system have also been provided in the report. This includes linear system and rotary system.
Communication Protocol Insights:
A detailed breakup and analysis of the market based on the communication protocol have also been provided in the report. This includes fieldbus, industrial ethernet, and wireless.
End Use Industry Insights:
A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes machine tools, packaging, robotics, semiconductors, electronics, rubber and plastics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, northern territory & southern Australia, and western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered | Servo Motors, Servo Drives |
Voltage Ranges Covered | Low Voltage, Medium and High Voltage |
Systems Covered | Linear System, Rotary System |
Communication Protocols Covered | Fieldbus, Industrial Ethernet, Wireless |
End Use Industries Covered | Machine Tools, Packaging, Robotics, Semiconductors, Electronics, Rubber and Plastics, Others |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: