3 Instruments Stocks Set to Ride on Industrial Automation Thrust

The Zacks Instruments – Control industry is likely to benefit from a diligent focus on energy-efficient production processes and integrated software systems. The rising demand for state-of-the-art technology to replace legacy industrial controls with automated products is expected to drive growth.However, elevated customer inventory levels, high capital expenditures for infrastructure upgrades and inflationary pressures may hinder the process automation and instrumentation market. Nevertheless, Watts Water ...