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Home/News Feed/Energy sector aims for nearly 50% full automation by 2030, driven by AI and rising costs.
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Energy sector aims for nearly 50% full automation by 2030, driven by AI and rising costs.

Market News
27 Mar 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

A global study by Schneider Electric reveals the energy and chemicals sector is rapidly advancing toward nearly 50% full automation by 2030, with about a third of operations already autonomous. This shift is driven by AI demand, rising operating costs, and workforce challenges. Regions like the Gulf Cooperation Council and Asia lead current adoption, while North America plans the fastest growth. Despite barriers like high costs and cybersecurity concerns, companies see autonomy as essential for competitiveness and efficiency in managing growing energy demands and digital transformation.

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The global hazardous area equipment market, valued at $13.5 billion in 2025, is projected to reach $25.28 billion by 2035, growing at a CAGR of 6.48%. Growth is fueled by stricter industrial safety regulations like ATEX and OSHA, and the adoption of ...

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