Industrial Automation And Control Systems Market size is expected to reach USD 288.93 billion by 2028
Industrial Automation And Control Systems Industry Overview The global industrial automation and control systems market size was valued at USD 146.79 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2021 to 2028. The market is anticipated to witness substantial growth over the forecast period on account of the rising adoption of process automation solutions across various industries, such as automotive, chemical, and energy utilities. Process automation helps companies reduce labor and operational expenses. It also offers benefits such as increased efficiency and reliability to help reduce human errors. Moreover, the rising adoption of industrial robots across the manufacturing sector to cater to complex customer demands is expected to boost the market growth. Gather more insights about the market drivers, restrains and growth of the Global Industrial Automation And Control Systems Market In...