Report ID: SQMIG25J2042
Report ID:
SQMIG25J2042 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
Some of the immediate barriers for OEMs are persistent shortages of semiconductors, the rise in the cost of raw materials like steel and aluminum, supply and logistical delays, and rising transportation costs while keeping up with the intensifying competition. Going forward, practically all OEMs in the industry will be looking for ways to incorporate automation into their line of products. Demand for automation products is expected to increase as consumer preference for convenience and usability rises. As part of their growth plan, vendors will concentrate on developing products and new launch initiatives.
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Report ID: SQMIG25J2042