Global motion control market grows more than 20% in 2021
Control Engineering
AUGUST 3, 2022
The motion control market is experiencing strong growth, particularly in Asia-Pacific, as a mix of strong demand and supply chain constraints are giving suppliers a lot of leverage when it comes to prices. This growth will continue out to 2026, but at a slower pace with a compound annual growth rate (CAGR) of 5.5%.
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