According to the report, the global industrial automation market generated $196.4 billion in 2021, and is estimated to reach $443.5 billion by 2031, witnessing a CAGR of 8.7% from 2022 to 2031. Advent of connected enterprises, need for mass manufacturing of products, and rise in adoption of digital techniques and augmented reality (AR) technologies in manufacturing drive the growth …
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Industrial Automation Market CAGR Status, Future Opportunities and Forecast Research till 2031 | Projected to reach $443.5 billion
Advent of connected enterprises, need for mass manufacturing of products, and rise in adoption of digital techniques and augmented reality (AR) technologies in manufacturing drive the growth of the global industrial automation market. However, high initial capital investments and re-investments along with lack of sufficient technical knowledge restrain the market growth. On the other hand, …
Industrial Automation Market | Exclusive Report on the Latest Revenue and Future Scope to 2031
Advent of connected enterprises, need for mass manufacturing of products, and rise in adoption of digital techniques and augmented reality (AR) technologies in manufacturing drive the growth of the global Industrial Automation Market. However, high initial capital investments and re-investments along with lack of sufficient technical knowledge restrain the market growth. On the other hand, …