Industrial Automation
The global industrial automation and control systems market size was valued at $126.3 billion in 2018 and is expected to witness a CAGR of 8.6% from 2019 to 2025. The market is anticipated to witness significant growth on account of the increasing adoption of process automation across various industries such as automotive, energy utilities, and chemicals.
Through automation, the companies are significantly reducing labor and operational expenses, as well as minimizing human errors due to the system’s reliability and efficiency. The rapid shift of the industries towards smart manufacturing is expected to spur the market for industrial automation and control systems.
Industry Focus:
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- Automation Systems
- Internet of Things (IoT)
- Industry 4.0
- Robotics & Motion Control
- Vision Systems
- Material Handling
- Palletizing
- Mechatronics Engineering
- Autonomous Robots
- Mobile Robots
- Electrification
