This transcript explores the rising demand for industrial automation, driven primarily by labor shortages and advancements in AI and digitalization. The market is characterized by concentrated leadership at the component level (PLCs, robotics) but remains highly fragmented among systems integrators. While large Fortune 500 companies are early adopters, manufacturers typically target a return on investment within two to three years. Future growth is projected at a CAGR of 7–12%, though risks include supply chain disruptions, tariffs, and integration challenges with legacy systems.
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