Published Date: 3-Feb-2021
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According to a new report LAMEA Motion Control Market, published by KBV research, the LAMEA Motion Control Market would witness market growth of 5.2% CAGR during the forecast period (2020-2026).
The Brazil market dominated the LAMEA Motion Control Sensor & Feedback Devices Market by Country 2019, thereby, achieving a market value of $52.1 million by 2026. The Argentina market would witness a CAGR of 7% during (2020 - 2026). Additionally, The UAE market is exhibiting a CAGR of 6.3% during (2020 - 2026).
The Closed Loop market dominated the Saudi Arabia Motion Control Market by System 2019, growing at a CAGR of 4.5 % during the forecast period. The Open Loop market is expected to witness a CAGR of 7.4% during (2020 - 2026).
The Automotive market dominated the South Africa Motion Control Market by End User 2019, growing at a CAGR of 4 % during the forecast period. The Food & Beverage market is experiencing a CAGR of 7.1% during (2020 - 2026). The Semiconductor & Electronics market is estimated to grow at a CAGR of 5% during (2020 - 2026). Additionally, The Medical, Pharmaceuticals & Cosmetics market would showcase a CAGR of 7.4% 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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