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Interact Analysis: Smart conveyance technology market is projected to be $1.1B by 2029

Automation Mag

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.

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Perpetual Wisdom

Dinesh Mishra

with a focus on digitization and smart manufacturing. Other notable trends include the growth in industrial automation, particularly in the automotive sector, which continues to be a major consumer of machine tools, including CNC machines and advanced automation solutions. and Smart Manufacturing: The integration of Industry 4.0