Growing use of automation in process and discrete industries is another major factor contributing to the growth of the industrial control & factory automation market.

Modern industrial processes require seamless data collection, analysis, and sharing, which is facilitated by advanced control and automation systems.

Surging demand for industrial control & factory automation and warehouse automation is also shaping up the future of the industry.

The global Industrial Control & Factory Automation Market in terms of revenue is estimated to be worth $255.88 billion in 2024 and is poised to reach $399.12 billion by 2029, growing at a CAGR of ...

Moreover, increasing demand for smart manufacturing infrastructure has led to the growth of the industrial control and factory automation market.

By embracing innovative digital technologies to boost efficiency, industrial enterprises can meet market needs while also conserving energy.

Industrial automation technology has been evolving from closed systems to smartphone-like app platforms, enabling remote ...

Leading automation companies SICK AG and LMI Technologies place initial orders for Aeva's new Eve 1 high-precision sensors.