The global process automation market size was at $65 billion in FY 2018. And, the demand is increasing at a progressive CAGR of 7% during the forecast period of 2019 to 2025. Although the process automation market is flourishing throughout the world, the Asia-Pacific region has managed to grab the largest demand share of around 30% to 35% as of 2018. According to the IndustryARC market research report, the pharmaceutical sector is the key end-use industry where process automation is flourishing. The process automation market in the pharmaceutical industry projected to grow at a relatively higher CAGR of 8% during the aforementioned forecast period.

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Process Automation Market Report and Forecast 2020-2025

By Max Smith 0 0 28
9 months ago
Colorado-Springs, Colorado, USA

Max Smith

Last seen:  9 months ago