New Study from StrategyR Highlights a $267.2 Billion Global Market for Industrial Controls and Factory Automation by 2026
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Tuesday, October 19, 2021
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SAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Industrial Controls and Factory Automation - Global Market Trajectory & Analytics" .
Key Points:
- SAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Industrial Controls and Factory Automation - Global Market Trajectory & Analytics" .
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Amid the COVID-19 crisis, the global market for Industrial Controls and Factory Automation estimated at US$169.4 Billion in the year 2020, is projected to reach a revised size of US$267.2 Billion by 2026, growing at a CAGR of 7.7% over the analysis period. - The U.S. Market is Estimated at $55.2 Billion in 2021, While China is Forecast to Reach $46.7 Billion by 2026
The Industrial Controls and Factory Automation market in the U.S. is estimated at US$55.2 Billion in the year 2021. - Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.