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A key driver in this shift is software-defined automation , which is enabling dynamic, reconfigurable processes across various domains. Cloud-native applications, AI-powered analytics, and Internet of Things (IoT)-driven industrial automation are emerging as some of the most powerful drivers for digital transformation in manufacturing.
The firm explains in its report that despite strong growth in recent years, the linear smart conveyance market is expected to contract by 2.3 percent between 2024 and 2029, with $1.1 billion in sales projected for 2029. percent forecast from 2023 to 2029. percent in 2024.
with a focus on digitization and smartmanufacturing. This includes the adoption of automation, robotics, advanced materials, and digitalization to enhance efficiency and productivity. These tools enable manufacturers to optimize operations, reduce downtime, and enhance product quality through real-time data insights.
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