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$10.8 Billion UK Factory Automation and Industrial Control Systems Market Expected to Grow at a CAGR of 10.5% to 2026 - ResearchAndMarkets.com

The "United Kingdom Factory Automation and Industrial Control Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The UK Factory Automation and Industrial Control Systems Market was valued at USD 10.83 billion in 2020, and it is expected to reach USD 18.26 billion by 2026, registering a CAGR of approximately 10.05%, during the forecast period (2021-2026).

The COVID-19 outbreak and lockdown restrictions across the UK affected the industrial activities across the country. Some of the effects of lockdown include supply chain disruptions, lack of availability of raw materials, labor shortages, fluctuating prices, shipping problems, etc.

Key Highlights

Key Market Trends

Manufacturing Execution System (MES)? are Expected to Drive the Growth of Market

Automotive and Transportation Industry Expected to Drive the Market Growth in the Country

Competitive Landscape

The UK factory automation and industrial controls market is moderately consolidated. The market is dominated by major players but is increasingly witnessing the entry of new start-ups. These start-ups are getting ample support from the UK government programs.

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/28te0l

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