Automation Market In Automotive Industry 2025-2029
The automation market in automotive industry is forecasted to grow by USD 2640.1 million during 2024-2029, accelerating at a CAGR of 4.5% during the forecast period. The report on the automation market in automotive industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for enhanced visibility and flexibility in manufacturing, rising technological advances in PLC, and integration of manufacturing execution system (MES), product lifecycle management (PLM), and enterprise resource planning (ERP).
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's automation market in automotive industry is segmented as below:
By Technology
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