Connector For Factory Automation Market - Forecast(2021 - 2026)
Connectors for Factory Automation Market Overview Connectors for Factory Automation Market Size is forecast to reach $87.4 billion by 2026, at a CAGR of 8.5% during forecast period 2021-2026. Increasing adoption of connectors with growing automation technologies in industries such as automotive, food & beverage, semiconductor & electronics and other industries is poised to drive the connectors for factory automation market. Adoption of Internet of Things (IoT) and automation technologies in industries and the need for increased throughput or productivity, quality, robustness have been creating opportunities for connectors. Integration of superior connector products in automotive parts such as powertrain, safety and body electronics, coupled with increasing trend for connected cars and growing production of passenger cars and commercial vehicles has been fueling the connector for factory automation market growth. Report Coverage The report: “Connectors for Factory Automat