Geared products market to grow by 7.2% in 2022
Control Engineering
JANUARY 10, 2023
Regionally, APAC is expected to maintain its lead in the geared products market out to 2027 with a CAGR of 4.5%. The main driving forces behind this are the growing demand for industrial automation in emerging Asian countries, as well as increasing growth rates of manufacturing industries. over the period in question.
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