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Factory Automation & Industrial Controls Market Present Scenario And The Growth Prospects With Forecast Upto 2030

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  Factory Automation & Industrial Controls Market Overview: Industrial Control and Automation: Streamlining Manufacturing Processes In today's fast-paced world, industrial control and automation technologies are being used to streamline manufacturing processes, boost productivity, and increase efficiency. These systems are used in various industries such as automotive, pharmaceuticals, and food and beverage, among others. This blog post will explore industrial control and automation in more detail, including market trends, growth statistics, and reports. The Factory Automation & Industrial Controls Market to register a CAGR of 9.30% from 2022 to 2030. Industrial Control and Automation Market The global industrial control and automation market is projected to reach USD 269.5 billion by 2025, growing at a CAGR of 7.4% during the forecast period (2020-2025). The growth of the market can be attributed to the increasing demand for automation solutions in various indus

Industry Controls and Factory Automation Market An Objective Assessment Of The Trajectory Of The Market By 2030

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  Industry Controls and Factory Automation Market Synopsis Industry Controls Factory Automation Market is projected to be worth USD 272.17 billion by 2030, registering a CAGR of 9.30% during the forecast period (2022 - 2030). As per the analysis by Market Research Future Reports (MRFR), the global industry controls and factory automation market 2020 is projected to be negatively affected by the outbreak of COVID-19. The industrial sector has been facing restrictions prevailing and has affected the supply chains of the factories significantly. The increasing usage of technologies in the manufacturing sector has played a major role in expanding the global industry controls and factory automation market. Besides, there has been a surge in the adoption of industrial robots in the manufacturing sector influenced by the collaborative robots, industrial automation in several sectors, and the growing initiatives are taken by the government have further propelled the market. Besides, mee