News
Industrial Automation Q3 2024 Report
The industrial automation (IA) sector saw a surge in M&A activity in Q3 2024, driven by growing demand for software-based automation solutions. Deal volume increased by 53% year-over-year, reflecting heightened consolidation among strategic players seeking geographic and vertical expansion. This trend is driven and supported by integrating advanced technologies such as artificial intelligence, big data, and the Industrial Internet of Things.
Highlights from the report:
- Industrial Automation acquisitions for Q3 2024 increased significantly as compared to Q3 2023 and are at a similar level to the last quarter.
- Transaction numbers for the quarter show overall healthy activity, with projections for 2024 suggesting a continued positive trend.
- The growth in transaction volumes highlight the dynamic nature of the Industrial Automation sector, driven by increase in consolidation and adaptations to economic and market trends.
To download the Industrial Automation Q3 2024 Market Update report, please visit our website: Industrial Automation Q3 2024 Report.
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