The industrial control & factory automation market was valued at USD 172.91 billion in 2024, the base year of the report, and is estimated at USD 186.76 billion in 2025, when the forecast period begins. It is projected to reach USD 378.09 billion by 2034, registering a CAGR of 8.2% from 2025 to 2034. Polaris Market Research attributes demand to rapid digitization, the adoption of IoT and...