Electrical & Automation Industry Forecast: Market Growth & Regional Trends 2032
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The global electrical & automation market is witnessing rapid expansion, driven by the increasing demand for smart industrial solutions, energy efficiency, and the adoption of Industry 4.0 technologies. Automation has become a key enabler in industries such as manufacturing, energy, and infrastructure, propelling market growth.
View Full Report: https://dataintelo.com/rep...
The global electrical & automation market is witnessing rapid expansion, driven by the increasing demand for smart industrial solutions, energy efficiency, and the adoption of Industry 4.0 technologies. Automation has become a key enabler in industries such as manufacturing, energy, and infrastructure, propelling market growth.
Electrical & Automation Market Research Report 2032
As of 2023, the global electrical & automation market size is valued at approximately USD 145 billion, with expectations to reach USD 250 billion by 2032, driven by a compound annual growth rate (CAGR) of 6.2%.
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04:39 PM - Jan 29, 2025 (UTC)
