The global industrial automation control market accounted to US$ 158.5 Bn in 2018 and is expected to grow at a CAGR of 8.0% during the forecast period 2020 – 2027, to account to US$ 324.6 Bn by 2027.
Europe is anticipated to be the highest revenue contributor in the market for the current year as well as throughout the forecast period. Developed markets including China, US and Japan has higher penetration however, there is still a lot of opportunity available for the industrial market to grow further even in the developed markets. The prospective for further installations is remarkable […]
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