Market Analysis: Industrial Automation and Industry 4.0 Propel South & Central America Servo Systems Growth
The South & Central America servo motors and drives market is poised for steady growth, driven by increasing industrial automation, the adoption of Industry 4.0, and a regional focus on energy efficiency. Metric 2024 Projection 2031 Projection CAGR (2024–2031) Market Value US$449.8 Million US$564.5 Million $\sim$3.3% Key Market Growth Drivers Industrial...
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