The Rise of Smart Motion: Digital Servo Motors and IoT Integration in the Asia Pacific Market
The Asia Pacific (APAC) servo motors and drives market is projected for robust growth, expected to increase from US$7,221.76 million in 2024 to US$11,637.46 million by 2031, driven by a CAGR of 7.1% during this period. Key Growth Drivers The market expansion is primarily fueled by: Industrial Modernisation: Extensive infrastructural development and...
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