[English Market Research Report] Spare Parts Market for Industrial Automation

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The growth of the spare parts market for industrial automation is attributed to increased investments and modernization efforts in traditional manufacturing facilities, along with the advancement of the transition to digital systems. This transition generates demand for automation systems and promotes the need for spare parts components for industrial automation. The rise of small and medium-sized enterprises (SMEs) and the growing interest in enhancing the safety of production processes are expected to provide many opportunities for market players. Major industrial production leaders such as Japan, South Korea, China, and the United States are adopting automation technologies to enhance production capacity and manufacturing efficiency, thereby supporting supply chain operations from raw material processing to the delivery and maintenance of automation systems. The spare parts market consists of both original equipment manufacturer (OEM) products and aftermarket products, offering a variety of prices and specifications. While OEM spare parts are expensive, they comply with the product specifications of specific manufacturers and provide high-quality performance.

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