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Archives for December 13, 2016

Industrial automation market forecast to grow to more than $350 billion by 2024

December 13, 2016 by Abdul Montaqim

The global market for industrial automation will grow to beyond $350 billion by 2024, according to a new report.

The European share of the global market will reach 30 per cent, says the study by  Transparency Market Research.

Transparency Market Research adds that the global industrial automation market is highly fragmented due to the presence of several players in the market. The top four players with a strong foothold in the global market held a share of 12.2 per cent in 2015.  [Read more…] about Industrial automation market forecast to grow to more than $350 billion by 2024

Filed Under: News Tagged With: automation, global, industrial, market

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Latest news

  • Blue Ocean Robotics raises $12 million to develop service robotics market
  • ISO unveils ‘world’s first’ drone safety standards
  • Retailers expected to buy more than 150,000 robots by 2025
  • Collaborative robotics market to account for 30 per cent of total robot market by 2027, says report
  • The mundane revolution: Unexpected innovations in robotics
  • OnLogic unveils new line of mini PCs powered by AMD Ryzen Embedded processors
  • Siemens further expands portfolio and partnerships for industrialized additive manufacturing
  • IBM joins the Mayflower autonomous ship project
  • HP expands and enriches its 3D printing ecosystem
  • NASA launching ‘Robot Hotel’ to the International Space Station

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