The phrase "take its place" can be replaced with multiple synonyms depending on the context of the sentence. Some of them include "occupy its position," "succeed," "assume its role," "step in," "replace," "substitute," "take over," "supplant," and "fill the void." These synonyms can be used in various situations such as in job roles, leadership positions, and daily tasks. While the phrase "take its place" is straightforward, it is important to have a range of synonyms to prevent repetition and enhance the quality of language used.