Opportunities for the Growth of Motion Control Market
The global motion control market size is estimated to reach from USD 15.5 billion in 2022 to USD 20.0 billion by 2027, at a CAGR of 5.2% during forecasted period. Few of the drivers of this market includes the growing adoption of advanced and automated processes for factory automation; safety-enabled productivity in industries; and increasing demand for industrial robots in manufacturing processes.
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