Electrical Automation Market - Trends, Growth, and Forecast (2025-2032)

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The global Electrical Automation Market is poised for significant growth, fueled by increasing demand for efficient, automated systems across industries. Valued at USD 160 billion in 2023, the market is projected to expand at a compound annual growth rate (CAGR) of 8.4%, reaching USD 312 billion by 2032.

Electrical & Automation Market Report | Global Forecast From 2025 To 2033
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Electrical & Automation Market Report | Global Forecast From 2025 To 2033

As of 2023, the global electrical & automation market size is valued at approximately USD 145 billion, with expectations to reach USD 250 billion by 2032, driven by a compound annual growth rate (CAGR) of 6.2%.