Don’t look now, but some industrial segments are hitting new highs after tech stocks collapsed. Technology, automation, and investment are conspiring to fuel a renaissance in industrial markets. Expect this to be a big theme going forward: efficiency and growth through industrial automation.
Cutting-edge technology holds promise to boost profits and growth when applied to long-established industrial areas. Examples include autonomous driving for vehicles, automated machinery, and retail logistics using technologies such as drones. All of these have the potential to not only make industries more efficient, but also to create new value-added services.
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