The Role of Drives & Motors in Modular Automation Market Efficiency
The report " Modular Automation Market by Type (Modular Type Packages, Modular DCS), Mobility (Semi-automatic, Fully Automatic), Component (Robot Controllers, I/O Modules, Drives & Motors, Sensors & Actuators, Safety), End-user Industry - Global Forecast to 2029" indicates that the Modular Automation Market is poised for substantial growth. Projected to expand from USD 4.8 billion in 2024 to USD 7.0 billion by 2029, the market is expected to achieve a CAGR of 7.9% during this period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10649136 This growth is driven by the increasing adoption of modular automation solutions across various industries, aiming for enhanced flexibility, scalability, and efficiency in manufacturing processes. Key components such as robot controllers, I/O modules, drives and motors, sensors and actuators, and safety systems are integral to these solutions. As industries move towards more automated and interconn