Next Move Strategy Consulting
UK Industrial Process Automation Market Set to reach USD 6.68 billion by 2030
UK Industrial Process Automation Market Set to reach USD 6.68 billion by 2030
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According to the study by Next Move Strategy Consulting, the UK Industrial Process Automation Market size is predicted to reach USD 6.68 billion at a CAGR of 4.4% till 2030.
The chemical and pharmaceutical sectors in the UK are experiencing rapid growth and innovation. To address the rising UK industrial process automation market demand for end products and the ongoing shortage of skilled workers, these industries are increasingly adopting process automation strategies.
The lack of standardization is a major challenge that can limit the growth of the industrial process automation market. Without common standards, vendors may develop proprietary systems that are hard to replace or upgrade.
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