What is automation?
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Automation provides benefits to virtually all of the industries imaginable and is a vital part of global economics. The following industries implement automation:
- Transportation, including automotive, aerospace, and rail
- Utilities, including water and wastewater, oil and gas, electric power, and telecommunications
- Defense
- Facility operations, including security, environmental control, energy management, safety, and other building automation
- And many others
Industrial automation growth
The size of the global industrial automation market reached some 169 billion U.S. dollars in 2019. The market is expected to grow at a compound annual growth rate (CAGR) of around eight percent until 2026. In 2026, the size of the global industrial automation market should reach almost 300 billion U.S. dollars. These are big news for industries across the globe. Is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s. Is simply dummy text of the printing and typesetting industry.Market Growth
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AMS in automation
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Automation and the future
There are ongoing concerns that automation will replace jobs in some industries; however evidence suggests it can also create new jobs and steer people towards other opportunities.Get started now
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