Driving Smart Manufacturing: How Servo Systems are Transforming South & Central America's Industries
The South & Central America market for servo motors and drives is set for steady growth, projected to reach approximately US$564.5 million by 2031, up from US$449.8 million in 2024, representing a Compound Annual Growth Rate (CAGR) of about 3.3%. This expansion is primarily driven by three core factors across the region: Accelerating industrial automation....
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