04 May, 2024
2 mins read

Servo Drives and Motors Market Share, Growth, Trends and Forecast 2014 – 2020

Boosted by the expanding automotive industry, the global servo drives and motors market is poised to exhibit 5.6% CAGR between 2014 and 2020. A recent report by Transparency Market Research has pegged the overall value of the global market for servo drives and motors at US$8.38 bn in 2013. The market, according to the findings of the […]