#acservomotors — Public Fediverse posts
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AC Servo Motors & Drives Market Outlook
The global AC servo motors and drives market was valued at $6.80 billion in 2019 and is projected to grow from $6.88 billion in 2020 to $10.79 billion by 2027, at a CAGR of 6.64%. Asia Pacific led with a 34.56% market share in 2019.
Source:
https://www.fortunebusinessinsights.com/ac-servo-motor-market-103513
#IndustrialAutomation #ACServoMotors #MarketGrowth #AsiaPacific #ManufacturingTech #Engineering