Automation and Control Market Size, Analysis, Segmentation, Industry Outlook and Forecast 2027
Market Highlights The automation and control market will witness a healthy growth from 2019 to 2025, a research report suggests. Growing at a CAGR of 10.41%, the market is projected to reach US$217,354.4 million by 2025. Favorable government policies are expected to support the market growth along with the growth of businesses and technology providers. As predicted by analysts, inevitable changes and risks will negatively affect the market’s performance from 2019 to 2025. During the forecast period, the automation and control market will be supported by adaptation to technology and the rise of IoT. Rapidly changing technological trends on the other hand will challenge industrial systems based organizations functioning in the global Automation and Control Market Size . Analysts have split the market into product, application, and region segments based on products and services. Industrial systems based companies have been profiled. Compatibility issues are set to affect the g...