The market in Southeast Asia has seen a surge in demand for smart motors integrated with IoT and Industry 4.0 capabilities, allowing for real-time monitoring, predictive maintenance, and improved operational efficiency. This shift aligns with the industrial sectors’ drive toward automation and enhanced energy management. Furthermore, leading companies like ABB Ltd., Siemens AG, and Mitsubishi Electric are engaging in strategic partnerships and joint ventures in the region to innovate new motor tRead More
Southeast Asia Industrial Motors Market Report 2024-2029: Manufacturing Boom in Vietnam, Thailand, and Malaysia Powers Surge, High-Tech Investments and Urban Expansion Fuel Growth
