Kevin Parmenter, Pins Out Engineering, for TSC America, Inc.
The industrial electronics market is undergoing a period of steady growth and transformation, driven by “Industry 4.0,” and the overall need for more resilient, efficient systems. The global market value was $187.3 billion in 2024 and is projected to reach $342.6 billion by 2032 (a CAGR of 7.9%).
Unlike consumer