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Global Industrial Robot Servo Motor Industry Report 2021-2026 with Focus on the Chinese Market

September 24, 2021
Source: singaporenewslive.com singaporenewslive.com
News Snapshot:
DUBLIN–(BUSINESS WIRE)–The “Global And China Industrial Robot Servo Motor Industry Report, 2021-2026” report has been added to ResearchAndMarkets.com’s offering. It is predicted that the new demand for industrial robot servo motors in China will reach 393,200 units in 2026, showing a CAGR of 4.3% between 2020 and 2026. The spread of COVID-19 worldwide in 2020 however has enabled all industries to note the value of industrial robots. In 2020, around 211,100 industrial robot servo motors were used in China, 13.3% more than in the previous year. In future, as industrial automation becomes an effective way for medium and large companies...
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