Global Industrial Control & Factory Automation Market to Surpass USD 259.84 Bn By 2031| Growth Market Reports

PUNE,India,July 3,2023 -- According to a recent market study by Growth Market Reports,titled,"Global Industrial Control & Factory Automation Market Segments - By Components,Solutions,Industries,and Region: Size,Share,Trends and Opportunity Analysis,2023-2031",the market size was USD 133.04 Bn in 2022 and is expected to surpass USD 259.84 Bn at a CAGR of 4% by 2031.

Key Players CoveredHoneywell International IncYaskawa America,Inc.KUKA AGInfineon Technologies AGABBRockwell Automation,Inc.OMRON CorporationRoboze S.p.A.Azbil Corporation.SEIKO EPSON CORPDownload PDF Sample here: https://growthmarketreports.com/request-sample/3869The report covers data on market drivers,growth opportunities,and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments,industry players,and crucial strategies that helps market players to expand their business.For Any Questions: https://growthmarketreports.com/enquiry-before-buying/3869Key Takeaways:Industrial control & factory automation refers to the use of control systems,including robots and computers to replace human beings in an industry.Increasing government initiatives toward industrial automation and rising demand for safety compliance automation solutions are expected to boost the market.The industrial 3D printing segment is anticipated to dominate the market,owing to the increasing adoption in the aerospace,automotive,and military sectors.The discrete industries segment is projected to hold a major market share,owing to the growing acceptance of industrial control and factory automation systems for remote monitoring and getting insights into daily inventory.Asia Pacific is anticipated to dominate the global market due to the high usage of automation technologies across industries.Get Full Access to 205 Pages Report: https://growthmarketreports.com/checkout/3869Segments CoveredComponentsIndustrial SensorsIndustrial RobotsMachine VisionControl valvesIndustrial PCControl DevicesField InstrumentIndustrial 3D PrintingHuman-machine InterfaceSolutionsDistributed Control System (DCS)Supervisory Control and Data Acquisition (SCADA)Programmable Logic Controller (PLC)Manufacturing Execution System (MES)Product Life Cycle Management (PLM)Plant Asset Management (PAM)Functional SafetyIndustriesProcess IndustriesDiscrete IndustriesRegionAsia PacificNorth AmericaLatin AmericaEuropeMiddle East & AfricaRelated Reports:Industrial Control for Process Automation MarketGlobal Factory Automation and Machine Vision MarketGlobal Machine And Factory Automation MarketGlobal Refining Industry Automation and Software MarketContact:

Phone:+1 909 414 1393

Email: sales@growthmarketreports.com

Web: https://growthmarketreports.com

LinkedIn: https://www.linkedin.com/company/growth-market-report/