Servo Motors and Drives Market size to grow at a CAGR of 5.16% from 2022 to 2027, APAC to Occupy 60% Market Share, Technavio

NEW YORK, Feb. 20, 2024 /PRNewswire/ — Technavio has been monitoring the servo motors and drives market, and it is expected to grow by USD 3,958.7 million from 2022 to 2027. As per the latest report, the market will progress at a CAGR of 5.16% during the forecast period. APAC contributes…