AC Servo Motors and Drives Market Size
According to Fortune Business Insights™, the global AC servo motors and drives market was valued at USD 6.80 billion in 2019 and is projected to reach USD 10.79 billion by 2027, exhibiting a CAGR of 6.64% during the forecast period. The rising adoption of industrial robots, smart machines, and Industry 4.0 technologies is driving demand for advanced AC servo systems worldwide.
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