Enjoy complimentary customisation on priority with our Enterprise License!
The industrial automation market size in life sciences industry size is forecast to increase by USD 5.06 billion at a CAGR of 11.4% between 2023 and 2028. The market is undergoing a significant transformation, driven by the need for increased efficiency, productivity, and cost reduction. This trend is evident across various industries, including manufacturing, oil and gas, automotive, and pharmaceuticals. To remain competitive in the global market, these sectors view industrial automation as a crucial tool for streamlining operations. The integration of advanced technologies, such as artificial intelligence (AI) and the Internet of Things (IoT), is further redefining the industrial automation landscape. These technologies offer unprecedented opportunities for optimization and innovation, enabling predictive maintenance, real-time data analytics, and seamless integration. As demand for these capabilities grows, industrial automation continues to be a cornerstone for operational excellence and unlocking new possibilities for businesses worldwide.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.