Industrial Automation Market In United States Size, Share And Major Industry Players Forecast (2022-2029)

The latest report published by Fortune Business Insights states that the Industrial Automation Market Size 2022 is expected to grow steadily in the coming years. The report illustrated latest insights into market drivers, restraints, risks and opportunities in the global market. The Industrial Automation Market report shows the credible direction of the market in the coming years along with its estimates. A precise study aims to understand the market price. By analyzing the competitive landscape, the authors of the report have made excellent efforts to help the readers understand the key business strategies that large companies employ to maintain market stability.

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Report Coverage-

• The report highlights information on various segments at the global, regional, and country level.

• The report contains various details like market share, growth rate, product and their pricing by region/country.

• The report elucidates the market dynamics that are expected to drive the market growth in the forthcoming years.

• The report encompasses the details in relation to application, distribution channel, product type, business strategies, etc.

• The report also covers the COVID-19 impact on the prospected market.

Companies Profiled in the Global Industrial Automation Market:

• ABB Ltd. (Zürich, Switzerland)

• Emerson Electric Co. (Missouri, U.S.)

• General Electric Company (Massachusetts, U.S.)

• Honeywell International Inc. (North Carolina,U.S.)

• Mitsubishi Electric Corporation (Tokyo, Japan)

• Omron Corporation (Kyoto, Japan)

• Rockwell Automation Inc. (Wisconsin,U.S.)

• Schneider Electric SE (Rueil-Malmaison, France)

• Siemens AG (Munich, Germany)

• Yokogawa Electric Corporation (Tokyo, Japan)

The global market for industrial automation is expected to rise during the forecast period due to the increasing adoption of IoT and digitalization in the manufacturing and production sectors. Fortune Business Insights™ publishes this information in a report titled, "Industrial Automation Market, 2022-2029". As per the report, the industrial automation market size was USD 191.89 billion in 2021. The market size is expected to rise from USD 205.86 billion in 2022 to USD 395.09 billion by 2029 at a CAGR of 9.8% during the forecast period.

An Overview of the Impact of COVID-19 on this Market:

This study specially analyses the impact of Covid-19 epidemic on the Cognitive Cloud Computing, covering the source restraint analysis, impact assessment to the Cognitive Cloud Computing market size growth rate in several scenarios, and the measures to be undertaken by Cognitive Cloud Computing companies in response to the COVID-19 epidemic.

Reasons to Purchase this Report:

• Comprehensive analysis of the Market growth drivers, obstacles, opportunities, and other related challenges.

• Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.

• Identifies market restraints and boosters.

• Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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