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Many workers in the United States and globally have been asked to stay at home and away from others in order to limit the spread of COVID-19. As a result of the pandemic effect on manufacturing, goods and commodities in the upstream supply chain have been produced in lower quantities, and sometimes not at all, in the months since the disease began to spread.

The main components of industrial automation are industrial robots, human-machine interfaces (HMI), industrial sensors, control valves, and other components. Industrial automation uses HMIs to monitor machinery to make sure it’s working properly and also, they are helpful in the maintenance of the machinery in the industries.

The global industrial automation market is expected to grow from $164.74bn in 2021 to $178.88bn in 2022 at a compound annual growth rate (CAGR) of 8.6%. The industrial automation market is expected to grow to $250.77bn in 2026 at a CAGR of 8.8%.

Executive Summary
• Key Players
– Keysight Technologies, Inc.
– AIMC
– Enersys
– ITT
– Vontier Corporation
– Cognex Corporation
– AMETEK, Inc.
– Dover Corporation
– Fortive Corporation
– Eaton Corporation plc
– Illinois Tool Works Inc
– Parker-Hannifin Corporation
– Roper Technologies, Inc
– Siemens AG
– ABB Ltd
– Emerson Electric Co.
– 3M Company
– Cummins Inc

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