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Industrial Control & Factory Automation Market 2023 Trending Vendors, Size, Share, Competitive Analysis, Growth Forecast

  Industrial Control and Automation market  size is estimated to be USD 147.9 billion in 2022 and is projected to reach USD 218.8 billion by 2027, at a CAGR of 8.2% The  Industrial Control and Factory Automation market  has evolved into a pivotal force driving efficiency, productivity, and innovation across diverse industries. This market encompasses a broad spectrum of technologies and solutions aimed at automating and optimizing manufacturing processes, ensuring seamless control, and fostering the integration of intelligent systems within industrial environments. Trends:  Several notable trends characterize the Industrial Control and Factory Automation market. The rise of the Industrial Internet of Things (IIoT) has been a transformative force, enabling the connectivity of devices, sensors, and systems for real-time data exchange. This connectivity forms the foundation for smart factories, where automation, data analytics, and artificial intelligence converge to enhance decision-maki