🚀 Czechia’s Automation Boom: Here’s What’s Happening 👀 The automation sector in Czechia is thriving, driven by cutting-edge technology and adoption across industries. Let’s break it down: Market Snapshot: • Industrial Automation 💼: The global market hit $205.86 billion in 2022 and could reach $395.09 billion by 2029. Europe holds a large slice of this growth! • Building Automation Systems (BAS) 🏢: Europe’s BAS market is on track to grow from $3.82 billion in 2024 to $4.59 billion by 2029. • Robotics in Czechia 🤖: Expected to surge from $227.7 million in 2024 to $315.3 million by 2029 with a growth rate of 6.73%! Industry Adoption Trends: • Business Services 📈: 80% of IT and business services firms plan to boost automation, with robots performing work equivalent to 20,000 full-time roles! • Retail Revolution 🛒: Coop a Czech retailer, plans 50 fully self-service stores by 2024—a clear shift towards retail automation. Key Players Making Waves: • AŽD Praha: Specializing in railway and road communication equipment. • onsemi 🌍: Investing $2 billion to expand its semiconductor production in Roznov pod Radhostem, supporting EVs, renewable energy, and AI. Government Backing: The Czech government is all in with the National Strategy for Artificial Intelligence 2030. Their goal? Make Czechia a tech leader by backing AI startups, helping SMEs adopt AI, and promoting tech exports. ✨ In a nutshell: Czechia is fast becoming a major automation player in Europe, fueled by private and public sector commitment. 💬 Which industry trend or market stat do you find most impressive? Let’s talk!
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Helping recruiters implement AI workflow automations, so that they have more time to provide the best candidate & client experience
1moVery interesting!