Industrial Automation Market: Impact of COVID-19 Pandemic and Recovery Plan

The size of the global industrial automation market, which was USD 191.89 billion in 2021, is expected to increase by USD 395.09 billion by 2029, at a CAGR of 9.8%, from USD 205.86 billion in 2022. Using our analysis as a guide, we found that the global market experienced a 6.5% decline in 2020 compared to 2019. The COVID-19 pandemic has had an unprecedented and staggering impact on the world, and demand for industrial automation has been lower than expected in all regions compared to pre-pandemic levels.

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https://www.fortunebusinessinsights.com/industry-reports/industrial-automation-market-101589
Industrial Automation Market: Impact of COVID-19 Pandemic and Recovery Plan The size of the global industrial automation market, which was USD 191.89 billion in 2021, is expected to increase by USD 395.09 billion by 2029, at a CAGR of 9.8%, from USD 205.86 billion in 2022. Using our analysis as a guide, we found that the global market experienced a 6.5% decline in 2020 compared to 2019. The COVID-19 pandemic has had an unprecedented and staggering impact on the world, and demand for industrial automation has been lower than expected in all regions compared to pre-pandemic levels. Read More On The Industrial Automation Market Report At: https://www.fortunebusinessinsights.com/industry-reports/industrial-automation-market-101589
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Industrial Automation Market Size, Share | Growth Report [2029]
The global industrial automation market is projected to grow from USD 205.86 billion in 2022 to USD 395.09 billion by 2029, exhibiting a CAGR of 9.8
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