Industrial Automation Control Market size to grow by USD 39.34 billion from 2022 to 2027, The increasing focus on smart factories to drive the growth- Technavio
NEW YORK, Oct. 18, 2023 /PRNewswire/ -- The industrial automation control market is expected to grow by USD 39.34 billion from 2022 to 2027.
- NEW YORK, Oct. 18, 2023 /PRNewswire/ -- The industrial automation control market is expected to grow by USD 39.34 billion from 2022 to 2027.
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The increasing focus on smart factories is a key factor driving market growth. - Virtualization of industrial automation control systems with software known as hypervisors, which create and operate a virtual machine can be achieved.
- The substation automation market size is estimated to grow at a CAGR of 6.47% between 2022 and 2027.