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The industrial automation market size is forecast to increase by USD 107.1 billion at a CAGR of 9.45% between 2023 and 2028. This market is driven by the integration of advanced technologies such as artificial intelligence (AI), machine learning, and automation into industrial processes. Key technologies include networking architectures, analytics, cloud, mobility, Internet of Things (IoT), and 5G wireless technology. In the manufacturing sector, AI and machine learning are used to optimize automation processes, while IoT sensors, such as temperature, humidity, torque sensors, are employed for real-time monitoring and predictive maintenance. In healthcare, automation and AI are used to improve productivity and reduce labor costs.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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