GLOBAL AUTOMATION INDUSTRY MARKET RESEARCH REPORTS, ANALYSIS & CONSULTING

Automation is an interdisciplinary technology that connects mechanical engineering, electrical engineering and information technology. Advances in technology together with changing labor demographics are proving to be the vital perspective shaping this new business model.  The global industrial control and factory automation market is estimated to reach $205.67 billion by 2020 growing at CAGR of 6.81% from 2015 to 2020. Global medical automation market is valued at $43.31 billion in 2013 and is poised to grow at a CAGR of 9.21% from 2013 to 2018, to reach $67.31 billion by 2018. Moreover, automation contributes to the global competitiveness of the manufacturing industry and provides outstanding potential for ensuring value creation at a location whose labor costs are high by international standards. The retail automation market was valued at $93.11 billion in 2013 and is expected to reach $276.51 billion by 2020, at a CAGR of 16.82% between 2013 and 2020. Global IT robotic Automation Market Research Reports was valued at US$0.23 billion in 2013 and is poised to reach US$4.93 billion by 2020. Currently, automation growth is taking place mainly in global markets where new factories and plants are being built. Services already make up an essential component of the automation industry and deeper integration of services with products will act as a catalyst for the automation industry. Novel application areas like biotechnology and micro technology create challenges for future theoretical work in the modeling, analysis and design of control systems. The acquisition of new expert labor is recognized as a major hindrance in the way of additional expansion of the automation area.

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Industrial Ethernet/IP - Global Market Outlook (2017-2023) According to Stratistics MRC, the global Industrial Ethernet/ IP Market is accounted for $23.98 billion in 2016 and expected to grow at a CAGR of 19.8% to reach…Read more

September, 2017

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Vibration Control Systems - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Vibration Control Systems Market is accounted for $1.84 billion in 2016 and is expected to reach $2.64 billion by 2023 growing…Read more

September, 2017

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Robotic Pool Cleaner - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Robotic Pool Cleaner Market is accounted for $XX million in 2016 and is expected to reach $XX million by 2023 growing…Read more

September, 2017

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Autonomous Tractor - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Autonomous Tractor Market is accounted for $XX million in 2016 and is expected to reach $XX million by 2023 growing at…Read more

September, 2017

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Ball Valves - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Ball Valves Market is accounted for $11.26 billion in 2016 and is expected to reach $13.98 billion by 2023 growing at…Read more

September, 2017

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Ball Bearings - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Ball Bearings Market is expected to grow at a CAGR of 7.2% during the forecast period. Ball Bearing is a progressing…Read more

September, 2017

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Deep Learning - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Deep Learning Market is accounted for $1.95 billion in 2016 and is expected to reach $72.10 billion by 2023 growing at…Read more

September, 2017

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Emergency Shutdown Valves - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Emergency Shutdown Valves Market is accounted for $205.19 million in 2016 and is expected to reach $275.95 million by 2023 growing at…Read more

September, 2017

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Industrial PROFIBUS - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Industrial PROFIBUS Market is expected to grow at a CAGR of 6.8% during the forecast period. A process field bus is…Read more

September, 2017

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Industrial Timer - Global Market Outlook (2017-2023) According to Stratistics MRC, the Global Industrial Timer Market is expected to grow at a CAGR of 5.5% during the forecast period. Industrial Timers is a relay…Read more

September, 2017

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