Industrial Automation Market was valued at USD 144.41 Billion in 2022, and it is expected to reach USD 255.63 Billion by 2029, exhibiting a CAGR of 8.5% during the forecast period (2023-2029)

Industrial Automation Market Overview:

The Industrial Automation Market study may be tailored to include price trend analysis of target brands, Industrial Automation Market knowledge for other countries (ask for a list), clinical trial findings in data, literature research, refurbished Industrial Automation Market and product base analysis, and other services. Technology-based research to Industrial Automation Market portfolio strategies are examples of target rival Industrial Automation Market analysis. We may include as many rivals as you require in the format and data type of your choosing.

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Industrial Automation Market Scope:

The Industrial Automation Market research report offers insights into each of the top Industrial Automation Market end users, as well as annual forecasts through 2029. The analysis estimates the revenue, sales, and growth rate of the global Industrial Automation Market.

Segmentation:

By Components, the Industrial sensors segment is expected to hold largest share of industrial automation components market in the middle east & africa during forecast period. The increased adoption of Industry 4.0 and IIoT, as well as the growth of the wireless sensor market, are driving the growth of the industrial sensors segment. Industrial sensors are widely utilised in the manufacturing industry, primarily to improve connection across diverse activities. Manufacturers all across the world have begun to integrate sensors for gathering real-time data from multiple data points. Sensors as an important component of predictive maintenance solutions are expected to see rapid growth in demand in the coming years, as predictive maintenance is expected to offer lucrative opportunities through sensor data capture in the coming years.

Key Players: the key players are

1. FANUC (Japan)
2. Yaskawa Electric Corporation (Japan)
3. Toshiba Corporation (Japan)
4. Yokogawa Electric Corporation (Japan)
5. Fuji Electric Co., Ltd. (Japan)
6. Hitachi, Ltd. (Japan)
7. Omron Corporation (Japan)
8. Mitsubishi Electric Corporation (Japan)
9. Keyence Corporation (Japan)
10. Accurate Industrial Controls Pvt. Ltd. (India)
11. Honeywell International Inc (US)
12. Emerson Electric Co. (US)
13. General Electric Company (US)
14. Rockwell Automation, Inc (US)
15. Danaher Corporation (US)
16. NATIONAL INSTRUMENTS CORP (US)
17. Roper Technologies, Inc (US)
18. Voith GmbH (Germany)
19. Siemens AG (Germany)
20. Kuka AG (Germany)
21. Bosch Rexroth Corporation (Germany)
22. Phoenix Contact (Germany)
23. MARCO Limited (UK)
24. Schneider Electric SE (France)
25. Endress+Hauser (Switzerland)
26. ABB Ltd. (Switzerland)
27. Danfoss A/S (Denmark)
28. Tegan Innovations (Ireland)

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Regional Analysis:

Individual Industrial Automation Market influencing variables and changes in Industrial Automation Market laws that affect present and future Industrial Automation Market trends are also included in the regional segment of the Industrial Automation Market study. Consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis are some of the primary factors utilized to anticipate Industrial Automation Market conditions for individual nations.

COVID-19 Impact Analysis on Industrial Automation Market:

The report also includes COVID-19 impact on Industrial Automation Market.

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Key Questions Answered in the Industrial Automation Market Report are:

What will be the CAGR of the Industrial Automation Market during the forecast period (2023-2029)?
Which segment emerged as the leading segment in the Industrial Automation Market in 2020?
Which are the key players in the Industrial Automation Market?
What key trends are likely to emerge in the Industrial Automation Market in the forecast period?


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