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Servo Motors and Drives Market Size to Reach $28 Billion by 2029 – PMR Study Highlights Benefits of Automation for Sales Growth

NEWKer CNC, a global leader in the design and manufacturing of cnc controllers, industrial robot controllers, robot arms, and full digital servo drives has reported that its sales continue to benefit from the rising factory automation industry. According to a recent study conducted by PMR (Persistence Market Research), the Servo Motors & Drives market is expected to reach a global value of approximately US$ 28 billion by 2029.

Servomotors are electric motors used for precise control with feedback loops built-in. They are generally used in robotics or automated systems as they can be set to rotate through particular angles or turn at specific speeds based on signals received from sensors or encoders. A servomotor drive is an electrical device responsible for controlling servomotor motion via commands sent over a network such as CANbus.

The increasing demand for advanced machinery due to rapid advancements in technology across different industries has led to significant growth in factory automation around the world. This trend has also been bolstered by governments providing incentives and subsidies to companies that invest heavily in modernizing their production facilities and processes; resulting into increased demand for servomotors & drives globally – which NEWKer CNC have seen great success with as they offer some of the most reliable solutions available today having more than 30 years experience designing them .

Furthermore, technological advancements such as miniaturization have enabled manufacturers like NEWKer CNC providing even more efficient products than before while reducing costs significantly – allowing them greater flexibility when it comes down customer requirements; further increasing their advantage against competitors within this growing space .

Furthermore , government initiatives aimed towards promoting investments into domestic manufacturing along with favorable policies targeting energy efficiency – all coupled together create highly conducive environment for continued growth within this sector ; again something that NEWKer CNC’s expertise allows them capitalize upon thanks their immense know-how regarding complex electronics components needed power up these machines .

In conclusion , given ongoing developments both technologically and politically , it appears safe assume that Servo Motors & Drives market will remain strong well into future – meaning those looking take advantage newfound opportunities should look no further than what Newker offers their clients ; offering not only products guaranteed get job done but also exemplary aftercare services ensure highest satisfaction levels possible .


Post time: Mar-01-2023