Press release
Industrial Automation Market: Key Drivers, Trends, Opportunities and Forecast by 2030
The industrial automation market size is projected to reach US$ 322.67 billion by 2030 from US$ 171.23 billion in 2022. The market is expected to register a CAGR of 8.2% during 2022-2030. The adoption of the Industry 4.0 concept is likely to remain a key trend in the market.Download PDF Sample Copy @ https://www.theinsightpartners.com/sample/TIPRE00025985/?utm_source=OpenPR&utm_medium=10813
Industrial automation is transforming manufacturing by integrating smart technologies that boost efficiency and reduce errors. Recent advancements emphasize AI-driven predictive maintenance and seamless IT-OT convergence, making operations more agile across sectors like automotive and oil & gas.
Key Drivers
Rising labor shortages push industries toward automation to maintain productivity without constant human oversight. Industry 4.0 initiatives worldwide encourage smart factories, where real-time data from sensors optimizes workflows and cuts downtime. Government programs in regions like Asia Pacific further accelerate adoption by promoting digital upgrades in manufacturing.
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Emerging Trends
AI and machine learning lead the shift, enabling machines to predict failures and refine quality control on the fly. Immersive tools like AR and VR enhance worker training, overlaying digital guides for complex tasks and minimizing mistakes in real-world settings. Collaborative robots, or cobots, work alongside humans for flexible production, especially in customized goods manufacturing.
Growth Opportunities
Demand surges in end-user sectors such as food & beverages and chemicals, where automation ensures precision and safety in hazardous processes. Scalable software solutions open doors for smaller manufacturers to compete globally through cloud-based analytics. Asia Pacific stands out for rapid industrialization, drawing investments in advanced systems that support sustainable, high-volume output.
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Related Report:
1. Industrial Automation Control Market: https://www.theinsightpartners.com/reports/industrial-automation-control-market
2. Industrial & Factory Automation Market: https://www.theinsightpartners.com/reports/industrial-factory-automation-market
3. Industrial Automation And Control Systems Market: https://www.theinsightpartners.com/reports/industrial-automation-and-control-systems-market
4. Industry Control and Factory Automation Market: https://www.theinsightpartners.com/reports/industry-control-and-factory-automation-market
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Phone: +1-646-491-9876
About The Insight Partners
The Insight Partners is a leading provider of actionable market research and consulting. The Market report delivers comprehensive market sizing, trends, competitive analysis, and strategic insights to help stakeholders make informed decisions in a rapidly evolving environment.
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