Published Date: 3-Feb-2021
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According to a new report Asia Pacific Motion Control Market, published by KBV research, the Asia Pacific Motion Control Market would witness market growth of 4.7% CAGR during the forecast period (2020-2026).
The China market dominated the Asia Pacific Semiconductor & Electronics Motion Control Market by Country 2019, and would continue to be a dominant market till 2026. The Japan market is experiencing a CAGR of 3.2% during (2020 - 2026). Additionally, The India market is anticipated to witness a CAGR of 4.3% during (2020 - 2026).
The Closed Loop market dominated the South Korea Motion Control Market by System 2019, growing at a CAGR of 4.9 % during the forecast period. The Open Loop market is expected to witness a CAGR of 7.7% during (2020 - 2026).
The Motors market dominated the Malaysia Motion Control Market by Component 2019, thereby, achieving a market value of $116.9 million by 2026. The Actuators & Mechanical systems market is experiencing to witness a CAGR of 7% during (2020 - 2026). Additionally, The Motion Controllers market is estimated to grow at a CAGR of 9% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ABB Group, Robert Bosch GmbH, Mitsubishi Electric Corporation, Parker-Hannifin Corporation, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Omron Corporation, FANUC Corporation and Yaskawa Electric Corporation.
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