In 2021, the size of the servomechanism market reached over 22 billion yuan. According to the forecast, the market was projected to grow by over six billion yuan in 2022. Servomechanism account for 25 percent of the total cost of an industrial robot.
Size of the servomechanism market in China from 2017 to 2021 with an estimate for 2022
(in billion yuan)
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AskCI Consulting. (April 22, 2022). Size of the servomechanism market in China from 2017 to 2021 with an estimate for 2022 (in billion yuan) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1347729/china-value-of-the-servomechanism-market/
AskCI Consulting. "Size of the servomechanism market in China from 2017 to 2021 with an estimate for 2022 (in billion yuan)." Chart. April 22, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1347729/china-value-of-the-servomechanism-market/
AskCI Consulting. (2022). Size of the servomechanism market in China from 2017 to 2021 with an estimate for 2022 (in billion yuan). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1347729/china-value-of-the-servomechanism-market/
AskCI Consulting. "Size of The Servomechanism Market in China from 2017 to 2021 with An Estimate for 2022 (in Billion Yuan)." Statista, Statista Inc., 22 Apr 2022, https://www.statista.com/statistics/1347729/china-value-of-the-servomechanism-market/
AskCI Consulting, Size of the servomechanism market in China from 2017 to 2021 with an estimate for 2022 (in billion yuan) Statista, https://www.statista.com/statistics/1347729/china-value-of-the-servomechanism-market/ (last visited December 23, 2024)
Size of the servomechanism market in China from 2017 to 2021 with an estimate for 2022 (in billion yuan) [Graph], AskCI Consulting, April 22, 2022. [Online]. Available: https://www.statista.com/statistics/1347729/china-value-of-the-servomechanism-market/