Energy efficiency, carbon reduction grow smart manufacturing market

Read the full story at Environment + Energy Leader.

Through active initiatives to increase energy conservation and reduce carbon emissions, the smart manufacturing market is expected to reach $620 billion by 2026, according to TrendForce.

Automation, remote operations, simulation operations, and a focus on emerging markets will all drive the growth of smart manufacturing. An increase in low-carbon machinery, more sustainable packaging, and circular manufacturing will also contribute to the growth, according to the TrendForce research.

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