The Latin America Factory Automation And Industrial Controls Market size is estimated at USD 16.13 billion in 2024, and is expected to reach USD 24.71 billion by 2029, growing at a CAGR of 7.54% during the forecast period (2024-2029).
The Latin American factory automation and industrial controls market exhibits significant fragmentation, featuring prominent players like Rockwell Automation Inc., Honeywell International Inc., General Electric Company, ABB Limited, and Dassault Systemes SE. These key participants employ strategic approaches, including partnerships and acquisitions, to bolster their product portfolios and establish a sustainable competitive edge.
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