Industrial and Factory Automation Market Size and Forecast to 2028
Market overview: The Industrial and Factory Automation Market was valued at $133.1 billion in 2021 and is estimated to reach $197.8 billion by 2028, with a CAGR of 3.16% from 2022 to 2027. Among the factors causing the growth are the emergence of business partnerships and the need for large-scale production of goods, a supportive government initiative to encourage automation systems,...
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