Industrial, Manufacturing & Heavy Industry Market News

New study: Global industrial automation market forecast to 2024

Industrial Market Research

New industry report "Global Industrial Automation Market" added by Data Bridge Market Research, accounted to USD 192.8 billion in 2016 growing at a CAGR of 7.2% during the forecast period of 2017 to 2024.


Market Definition:

Industrial automation Make an Inquiry about this news is defined as the amalgamation of all machinery, processing systems, test facilities and factories which became automated because of great technological progress. The latest trend in this market are increased in usage of robots in industries, untapped regions like Asia Pacific shows growth opportunity for the market, recent technological developments in industrial automation will grow the market further.

There is need of Industrial automation for several industries like Automotive and Transportation, Metals and Mining, Energy and Power System, Chemical, Material, and Food, Measurement and Instrumentation, Environment and Building Technologies, Heavy Industries, Oil and Gas, Pulp and Paper, and Hydro Power will create a huge market for the industrial automation.

Click Here for Free Sample Report Visit @ databridgemarketresearch.com/reque…automation-market Make an Inquiry about this news

New report "Global Industrial Automation Market Make an Inquiry about this news" accounted to USD 192.8 billion in 2016 growing at a CAGR of 7.2% during the forecast period of 2017 to 2024.