Geared products market to grow by 7.2% in 2022
Control Engineering
JANUARY 10, 2023
Updated research from Interact Analysis shows the geared motors and industrial gears market experienced strong growth in 2021. in 2021, with further price rises forecast in 2022. Following a slowdown in sales this year from 2021’s rapid growth rate, 2023 is expected to see sales decline by 0.9%. over the period in question.
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