Industrial Control & Factory Automation Industry worth $218.8 billion by 2032
Industrial 3D printing to grow at the highest growth rate during the forecast period Industrial 3D printing is used in tooling, robotics, and special machinery applications. The manufacturing of tools is an expensive and time-consuming process, but it can be simplified using industrial 3D printing. Tools with highly complex designs can be easily manufactured, thereby eliminating the need for an assembly line, and helping to reduce labor costs. The development of new materials is expected to contribute to the increased adoption of industrial 3D printing globally. PAM is expected to register the highest growth rate and MES is expected to register the second-highest growth rate during the forecast period PAM solutions enable users to determine possible failures at the production level well in advance and provide them with the required corrective actions to be taken in real-time. PAM solutions offer predictive and proactive maintenance approaches for predicting future failures with a high...