Market Overview
The global motion control market, valued at USD 15.34 billion in 2023, is on a robust growth trajectory, projected to reach USD 24.00 billion by 2031. This expansion reflects a compound annual growth rate (CAGR) of 5.84% from 2024 to 2031. The surge is driven by increasing automation across industries, advancements in robotics, and the integration of Industry 4.0...
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