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(2) Global industrial automation control market will grow by USD 25.18 billion during 2020-2024. Amid the COVID-19 pandemic the global industrial automation control market registered a YOY growth of 2.23% in 2020 and the market is estimated to expand at a CAGR of almost 5% during the forecast period. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210203006047/en/ Technavio has announced its latest market research report titled Global Industrial Automation Control Market 2020-2024 (Graphic: Business Wire) ....
ResearchAndMarkets.com’s offering. The publisher brings years of research experience to the 6th edition of this report. The 173-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Terminal Automation Market to Reach $6 Billion by 2027 Amid the COVID-19 crisis, the global market for Terminal Automation estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$6 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$2.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software & Services segment is readjusted to a revised 5.3% CAGR for the next 7-year period. ....