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The Industrial Automation Market is projected to reach USD 433.8 billion by 2030, experiencing a robust compound annual growth rate (CAGR) of 9.7% during the forecast period from 2023 to 2030. This growth is driven by the increasing adoption of automation technologies across various industries, advancements in robotics and artificial intelligence, and the need for predictive maintenance and real-time monitoring. Emerging trends such as the integration of Industry 4.0 technologies and the use of collaborative robots are also contributing to market expansion.