Market Trends

Increasing usage of machines, the demand for high quality products with high volume production in various industries, and increasing installation and adoption of smart devices are the factors driving the growth of the industrial and factory automation market during the forecast period  2019 to 2025.  Smart devices can communicate with each other within the factory and also with the cloud. According to the fresh market research report from IndustryARC, this is the major factor which is opening up  industrial and factory automation market  which already has a market size of  nearly $5 billion in 2018,  and the demand for the same is projected to grow at a notable  CAGR of 12%  during the forecast period. Industrial and factory automation refers to the automation of manufacturing, and material handling by using smarter manufacturing infrastructure. Industries are implementing automation to increase productivity and reduce labor costs. Embedded vision is a technology which optimizes the fa

Increasing usage of machines, the demand for high quality products with high volume production in various industries, and increasing installation and adoption of smart devices are the factors driving the growth of the industrial and factory automation market during the forecast period  2019 to 2025.  Smart devices can communicate with each other within the factory and also with the cloud. According to the fresh market research report from IndustryARC, this is the major factor which is opening up  industrial and factory automation market  which already has a market size of  nearly $5 billion in 2018,  and the demand for the same is projected to grow at a notable  CAGR of 12%  during the forecast period. Industrial and factory automation refers to the automation of manufacturing, and material handling by using smarter manufacturing infrastructure. Industries are implementing automation to increase productivity and reduce labor costs. Embedded vision is a technology which optimizes the fa