Servo Motors and Drives Market to Witness Revolutionary Growth by 2025 - PowerPoint PPT Presentation

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Servo Motors and Drives Market to Witness Revolutionary Growth by 2025

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[212 Pages Report] The servo motors and drives market is projected to grow from USD 13.9 billion in 2020 to USD 16.8 billion by 2025; it is expected to grow at a CAGR of 4.0% from 2020 to 2025. Key factors fueling the growth of this market include the growing automation in factories, rising adoption of international standards for motor efficiency, development of user-friendly motion control libraries and packages for motors and drives, and increasing production of vehicles. – PowerPoint PPT presentation

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