The Industrial Automation Market Share, valued at USD 156.68 billion in 2023, is anticipated to reach USD 277.35 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.5% during the forecast period. This growth is driven by the increasing adoption of automation technologies across various sectors, including automotive, chemical, and energy utilities. Market Definition and...

Industry 4.0 Drives Transformation Across Sectors Industrial Automation Market Size is experiencing a substantial surge, propelled by advancements in Industry 4.0 technologies. According to recent analyses, the market size was valued at USD 156.68 billion in 2023 and is projected to reach USD 277.35 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.5% during the...