User blogs

The size of the Industrial Automation Market Trends was estimated to be USD 206.85 billion in 2022. It is projected to reach USD 433.8 billion by 2030, with a compound annual growth rate (CAGR) of 9.7% during the forecast period from 2023 to 2030.In the realm of industrial automation, significant growth is anticipated as we progress towards the future. The market, valued at USD 206.85 billion in 2022, is poised to expand exponentially, reaching a staggering USD 433.8 billion by 2030. This remarkable growth is expected to be... more

The Industrial Automation Market Growth was estimated to be USD 206.85 billion in 2022 and is projected to reach USD 433.8 billion by 2030, with a compound annual growth rate (CAGR) of 9.7% during the forecast period from 2023 to 2030.In recent years, the Industrial Automation Market has witnessed remarkable expansion, and this trend is expected to continue in the coming decade. The market's estimated value in 2022 stood at a substantial USD 206.85 billion, reflecting the increasing adoption of automation technologies acros... more