Frequently Asked Questions
COVID-19 had a substantial impact on the market due to the outbreak of the COVID-19 pandemic affecting several industries such as Automotive, Metals & mining, Water & Wastewater treatment, Electronic & Semiconductors, and others. COVID-19 has not only accelerated delocalization in manufacturing but has also affected logistics severely. Companies have problems ranging from obtaining raw materials and delivering end products to attracting workers from quarantines. This scenario has, in turn
North America accounted for the largest share of the global industrial automation market due to the presence of major manufacturers and high demand for industrial automation.
The rising demand for innovative industrial automation and networking technologies to enhance communications, monitoring, and control in manufacturing companies to foster the growth of the Industrial Automation Industry.
The industrial robots segment had a major global market share in 2021.
The plant asset management segment had a major share in the global market.