Industrial automation trends have a ripple effect on various aspects of our lives — from the products we use to the way we work and interact with technology. Poised to grow at a CAGR of 9%, the global industrial automation market is expected to surpass around US$459.51 billion by the year 20321. While the effects might not always be immediately obvious, they play a role in shaping modern society and improving efficiency, convenience and safety.
In healthcare, for instance, automation trends have led to improved diagnostic tools, robotic surgery systems and efficient drug production processes.
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1. Industrial Automation Market Size, Report 2023 to 2032, Precedence Research, https://www.precedenceresearch.com/industrial-automation-market