ROK

The global Industrial Smart Sensors market is expected to grow from USD 21.01 Billion in 2023 to USD 45.27 Billion by 2033, driven by favorable government initiatives, increasing adoption of Industry 4.0 and IoT, and growing demand for smart sensors in various industries.

The assembly automation market is expected to grow significantly due to increasing demand for efficiency and productivity in manufacturing, advancements in robotics and AI, and the need for high-quality, consistent output across industries like automotive, electronics, and consumer goods.

The AC Servo Motors and Drives market is expected to grow at a CAGR of 6.9% between 2024 and 2032, driven by the expansion of the e-commerce and warehousing sectors. Analogue AC servo motors and drives are witnessing rising sales due to their ability to offer high-resolution feedback and smooth moti...

The protective relay market is expected to grow at a 5% CAGR between 2024 and 2032, driven by grid modernization, smart grid initiatives, and increasing demand for reliable and advanced protection systems in industrial applications. The market is expected to cross $4 billion by 2032, with the indust...

The global market for Process Safety Systems is projected to grow from $4.6 Billion in 2023 to $6.7 Billion by 2030, driven by technological advancements in safety systems and the increasing focus on industrial safety across various industries.