Tag Archives: Servo Motors and Drives Market Size

Servo Motors and Drives Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

The servo motor and drive market is expected to grow from $13.9 billion in 2020 to $16.8 billion in 2025. It is expected to grow at a CAGR of 4% from 2020 to 2025. Key factors driving the growth of this market include plant automation growth, increased adoption of international standards for motor efficiency, and […]