NEW YORK , Oct. 9, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The Global Automated Industrial Quality Control (QC) Market size is estimated to grow by USD 269.5 million from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 5.97% during the forecast period. Growing importance of accuracy in quality control processes is driving market growth, with a trend towards reshoring of manufacturing industry.
However, lack of effective interoperability poses a challenge - Key market players include ABB Ltd., ATS Automation Tooling Systems Inc., Carl Zeiss Stiftung, Emerson Electric Co.
, General Electric Co., Honeywell International Inc., IVISYS, KEYENCE CORP.
, MasterControl Solutions Inc., Mitsubishi Electric Corp., NANOTRONICS IMAGING INC.
, OMRON Corp., Renishaw Plc, RNA Automation Ltd., Rockwell Automation Inc.
, Schneider Electric SE, Shelton Machines Ltd., Siemens AG, Texas Instruments Inc., and Yokogawa Electric Corp.
. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Key Market Trends Fueling Growth The reshoring trend, which involves bringing production back to a company's home country, is gaining momentum due to rising labor costs in Eastern Europe and Asia Pacific .
Manufacturers, particularly in developed countries, have expanded their manufacturing bases in these regions since the year 2000. However, increas.