Industrial Automation Market Demand and Overview The industrial automation market size is anticipated to grow by US$128.63 Billion by 2017 rapidly growing at a CAGR of 9.35% during the forecast period. The global industrial automation market is driven by robust growth in manufacturing sectors worldwide and shift from manual assistance to automation. These factors have helped shape the...

Industrial automation is the shift of dependence from humans to machines for completing processes without errors. The high customer demand and advances in internet of things (IoT) are likely to pave the way for its propagation among end-use industries. The global industrial automation market report focuses on opportunities and trends for the period of 2018 to 2023 (forecast period). The...

    The global industrial automation market size was USD 214.73 Billion in 2022 and is expected to register a revenue CAGR of 9% over the forecast period, according to the latest report by Reports and Data. The demand for industrial automation systems is increasing due to various reasons, one of which is the need for real-time monitoring and predictive maintenance to...