Researchnews2410 Jan, 2024Business
The global automotive manufacturing equipment market has garnered USD 6,810.5 million in revenue in 2023, and it is projected to rise at the rate of 11.3% from 2023 to 2030, to capture USD 14,260.4 million by 2030. This growth of the market can be credited to the quickly rising vehicle demand and the growing acceptance of automation and robotics technologies to fulfill the growing automotive requirement. In today's technical world, businesses are shifting from orthodox approaches to improved production technologies, like artificial intelligence, and machine learning. Such technologies can be discovered in the whole automotive sector, which aids it in fulfilling the need for vehicles on time. These also aid in controlling systems and connecting with other equipment so the function does not get impacted.
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