Industrial automation once heralded the advent of the industrial revolution. And needless to say, industrial automation continues to fuel the economic growth of other industry domains. Industry experts have estimated a high growth rate for this industry owing to a greater focus on increasing productivity and efficiency and maintaining business to client relations. Overall, there has been a steady rise in the number of whole factories being run on intelligent systems and software-run machines. Companies in all sectors are embracing and taking the help of industrial automation to gain a competitive edge in the market and enhance their productivity. However, high energy needs and regulatory checks are some of the factors to watch out for when taking the whole picture in purview. All in all, industrial automation is set to soar in the times ahead.
Read our latest reports on market trends and forecasts in the automation industry.
