Industrial Control & Factory Automation Market by Solution (SCADA, PLC, DCS, MES, Industrial Safety, PAM), Component (Industrial Robots, Industrial 3D Printing, Process Analyzer, Machine Vision, HMI), Industry, Region — Global Forecast to 2026 The Industrial Control & Factory Automation Market size is projecte d to reach USD 197.8 billion by 2026 from an estimated USD 133.1 billion in 2021, at a CAGR of 8.2% from 2021 to 2026. Emergence of connected enterprises and requirement of mass manufacturing of products, government initiatives to promote industrial automation, adoption of emerging technologies such as IoT and AI in industrial environments, emphasis on industrial automation and optimum utilization of resources, and fiscal policies formulated by regional financial institutions to keep manufacturing facilities floating amidst COVID-19 crisis are among the factors driving the growth of the industrial control & factory automation market. Request fo...
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