Shashie Pawar

3 months ago · 1 min. reading time · visibility ~10 ·

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Factory Automation Market Foreseen To Grow Exponentially Over 2022

Factory automation or industrial automation is the use of computer aided devices for running various processes of factories. It reduces production time and steps up quality in end products. The need for mass production and the large demand by consumers have led to adoption of the process. The global factory automation market report by Market Research Future (MRFR) takes a look at various drivers and hurdles to be faced by leaders during the period of 2016 to 2022 (forecast period). The sudden outbreak of the COVID-19 virus and the resulting shutdown of activities for curbing its spread have been noted in the report and its impact analyzed with respect to growth and revenue.


 

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