Frost & Sullivan releases 'Global and Chinese Automation Equipment Market Study 2023'

Automation equipment refers to manufacturing machinery with sensing, analysis, decision-making, and control functions. With the increase in labor costs, higher requirements for production efficiency and product quality, and the transformation of production methods from extensive to refined operations, the demand for industrial upgrading in the manufacturing sector will drive rapid growth in the automation equipment market. Frost & Sullivan has long been monitoring the global and Chinese automation equipment markets and hereby releases the '2023 Global and Chinese Automation Equipment Market Study'.