The size of the global industrial automation market was 191.89 billion dollars in 2021, and it is anticipated to increase by 395.09 billion dollars by 2029, at a CAGR of 9.8%, from 205.86 billion dollars in 2022. According to our analysis, the global market showed a 6.5% decline from 2019 to 2020. Industrial automation has seen lower-than-anticipated demand across all regions compared to...

The Global Industrial Automation Market Size was 191.89 billion dollars in 2021, and it is anticipated to increase by 395.09 billion dollars by 2029, at a CAGR of 9.8%, from 205.86 billion dollars in 2022. According to our analysis, the global market experienced a 6.5% decline in 2020 compared to 2019. The COVID-19 pandemic has had an unprecedented and staggering impact on the world, and demand...