
Factory Automation Market Predicted to Surpass $550 Billion by 2031 with 8.7% CAGR
The global factory automation market was valued at $242.5 billion in 2021, is projected to reach $558.8 billion by 2031, grow at a CAGR of 8.7% from 2022-2031. WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 23, 2025 /EINPresswire.com/ -- …