The industrial automation sector experienced a slight increase in M&A transactions in Q2 2024 fueled by the rising demand for automation and integration of advanced technologies across industries. Deal volume increased 32% year-over-year and 26% sequentially quarter-over-quarter. The uptick in M&A activity highlights a strategic push towards AI-driven automation, buyers aiming to expand their product and service offerings through consolidation and improved operational efficiencies through synergies.

Highlights from the report:

• Industrial Automation acquisitions for Q2 2024 were

  in line with the numbers from the same quarter over the past 5 years.

• Transaction numbers for the quarter show overall healthy activity, with projections for 2024 suggesting a continued positive trend.
• Fluctuations in transaction volumes highlight the dynamic nature of the Industrial Automation sector, driven by strategic acquisitions and adaptations to economic and market trends.

To download the Industrial Automation Q2 2024 Market Update report, please visit our website: Industrial Automation Q2 2024 Report.