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Motion Control: Tim Dawson, Interact Analysis - Manufacturing AUTOMATION
Summary by Manufacturing AUTOMATION
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Motion Control: Tim Dawson, Interact Analysis - Manufacturing AUTOMATION
Global market intelligence firm Interact Analysis recently released a report stating that the global motion controls market contracted by seven percent in revenue terms during 2024. This reportedly follows a significant period of growth for the motion controls market between 2020 and 2023. Soft manufacturing demand was the primary cause of the decline. The motion controls market saw widespread over-ordering and overstocking in 2021 and 2022. Thi…
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