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$ 3.30 Billion growth expected in Global Servo and Stepper Motors Market | Featuring ABB Ltd., AMETEK Inc., and Applied Motion Products Inc. among others


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NEW YORK, April 20, 2021 /PRNewswire/ The servo and stepper motors market is expected to grow by USD 3.30 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the servo and stepper motors market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
Technavio has announced its latest market research report Servo and Stepper Motors Market by End-user and Geography - Forecast and Analysis 2021-2025
The servo and stepper motors market will witness a negative impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020. ....

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