The global servo motors and drives market was valued at approximately $9 billion in 2014, and is expected to surpass $12 billion by the end of 2019.
The servo motors and drives market is expected to grow at a annual growth of approximately 8 percent between 2019 and 2029, and is estimated to reach a global value of approximately $28 billion by the end of 2029.
A new global market study on the servo motors and drives market, which includes the industry analysis for 2014-2018 and forecast 2019-2029. [Read more…] about Growing factory automation driving servo motors and drives sales