Top Industrial Automation Market
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Top Industrial Automation Market Size and Growth
The industrial automation market is expanding rapidly, driven by advancements in AI, IoT, and robotics. The global market size is projected to reach approximately $250 billion by 2026, reflecting a compound annual growth rate (CAGR) of around 9%. Key trends include increased efficiency, reduced operational costs, and enhanced supply chain management.
Companies Covered
(Covid 19 Impact Covered)
◍ General Dynamics Corporation
◍ Airbus SE
◍ Motorola Solutions
◍ Cobham PLC
◍ Nokia Corporation
◍ Bittium Corporation
The top industrial automation market comprises major players like General Dynamics, Airbus, and Nokia, leveraging advanced technologies to enhance production efficiency. These companies innovate in robotics, IoT, and AI, driving market growth. Notable revenues include:
- General Dynamics: $39.4 billion
- Boeing: $62.3 billion
- Ericsson: $26.8 billion
◍ Samsung Electronics Corporation Limited
◍ Cisco Systems
◍ Ericsson AB
◍ AT&T Inc.
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Market Segmentation
By Application
Automotive
Electrical & Electronics ◍ Metals & Machinery
◍ Pharmaceuticals & Cosmetics
By Product
Robotics
ASRS M2M
Handling Equipment
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Market Growth
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$ X Billion USD
