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