Process Automation Market Growth Forecast Analysis by Manufacturers, Regions, Type and Application According to Stratistics MRC, the Global Process Automation Market is expected to grow at a CAGR of 9.4% during the forecast period.
BriefingWire.com, 4/08/2021 - According to Stratistics MRC, the Global Process Automation Market is expected to grow at a CAGR of 9.4% during the forecast period. Improved focus on manufacturing in developing economies, technological innovations and growing adoption of robotics are some of the factors fueling the market growth. However, shortage of skilled workforce and security concerns are hindering the market.
Process automation industries have been into continuation for a long time. The advance in automation systems has taken the process industries to a next level in terms of time management, production quality, energy efficiency and optimization of process. It generally follows five layered archite
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