Title: Automation Market
1Automation Market Forecast (2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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(1) 970-236-3677
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Automation Market Overview Automation Market is
projected to reach 136.5 billion by 2026 growing
at 3.7 CAGR during 2021-2026. Automation is a
technology, which involves the usage of automated
equipment or machines in various industries to
reduce or eliminate human efforts, and increase
the efficiency of work in a short period of
time.
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- Key Takeaways
- The use of the advanced software can help in
providing flexibility in terms of programming,
large memory capacity, better interoperability,
and incorporates more features and functions that
are suitable for industry applications. - The demand for PLC system is rising owing to its
huge applications in complex automation having
extensive process control requirements, network
connectivity, device interoperability, enterprise
data integration, and many more.
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Automation Market Drivers Industry 4.0
Revolution in the Manufacturing Sector Industry
4.0 revolution creates smart automation in the
phase of industrialization. Increasing demand for
machines in the manufacturing sector is set to
push the Automation Market to new heights.
Implementation of automation in industries
results in many benefits such as productivity
gains, improved team performance, enhanced
managerial reporting, error reduction, cost
reduction, and higher quality.
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- Automation Market- Competitive Landscape
- Honeywell International Inc.
- Siemens AG
- ABB Ltd.
- Emerson Electric Co.
- KUKA AG
- Schneider Electric
- Mitsubishi Electric Corporation
- EndressHauser AG
- General Electric
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Automation Market Forecast (2021 - 2026) Learn
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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