GLOBAL AUTOMATION INDUSTRY MARKET RESEARCH REPORTS, ANALYSIS & CONSULTING
Title | Published | Price |
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Advanced Metering Infrastructure MarketAccording to Stratistics MRC, the Global Advanced Metering Infrastructure Market is accounted for $16.89 billion in 2021 and is expected to reach $41.74 billion... Read more |
March, 2022 |
From USD 4150 |
Building Automation System MarketAccording to Stratistics MRC, the Global Building Automation System Market is accounted for $64.70 billion in 2021 and is expected to reach $132.64 billion by 2... Read more |
March, 2022 |
From USD 4150 |
Distance Measurement Sensors MarketAccording to Stratistics MRC, the Global Distance Measurement Sensors Market is accounted for $2.84 billion in 2021 and is expected to reach $3.86 billion by 20... Read more |
March, 2022 |
From USD 4150 |
Humanoid Robot MarketAccording to Stratistics MRC, the Global Humanoid Robot Market is accounted for $1,511.23 million in 2021 and is expected to reach $26,429.38 million by 2028 gr... Read more |
March, 2022 |
From USD 4150 |
Permanent Magnet Motor MarketAccording to Stratistics MRC, the Global Permanent Magnet Motor Market is accounted for $42.72 billion in 2021 and is expected to reach $90.95 billion by 2028 g... Read more |
March, 2022 |
From USD 4150 |
Industrial Robotics MarketAccording to Stratistics MRC, the Global Industrial Robotics Market is accounted for $26.28 billion in 2021 and is expected to reach $69.89 billion by 2028 grow... Read more |
February, 2022 |
From USD 4150 |
Automated Fare Collection Afc MarketAccording to Stratistics MRC, the Global Automated Fare Collection (AFC) Market is accounted for $12.35 billion in 2021 and is expected to reach $33.27 billion ... Read more |
February, 2022 |
From USD 4150 |
Autonomous Train MarketAccording to Stratistics MRC, the Global Autonomous Train Market is accounted for $7,865.14 million in 2021 and is expected to reach $13,133.86 million by 2028 ... Read more |
February, 2022 |
From USD 4150 |
Collaborative Robots Cobot MarketAccording to Stratistics MRC, the Global Collaborative Robots Market is accounted for $1.32 billion in 2021 and is expected to reach $15.04 billion by 2028 grow... Read more |
February, 2022 |
From USD 4150 |
Human Machine Interface Hmi MarketAccording to Stratistics MRC, the Global Human Machine Interface (HMI) Market is accounted for $4.52 billion in 2021 and is expected to reach $7.36 billion by 2... Read more |
February, 2022 |
From USD 4150 |
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.