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.

Title Published Price

Automated Fare Collection Afc Market

According 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 Market

According 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 Market

According 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 Market

According 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

Explosion Proof Mobile Communication Devices Market

According to Stratistics MRC, the Global Explosion Proof Mobile Communication Devices Market is accounted for $555.72 million in 2021 and is expected to reach $... Read more

January, 2022

From
USD 4150

Automated Laundromat Services Market

According to Stratistics MRC, the Global Automated Laundromat Services Market is accounted for $15.63 billion in 2021 and is expected to reach $19.22 billion by... Read more

January, 2022

From
USD 4150

Bakery Packaging Machine Market

According to Stratistics MRC, the Global Bakery Packaging Machine Market is accounted for $2.53 billion in 2021 and is expected to reach $3.63 billion by 2028 g... Read more

January, 2022

From
USD 4150

Fan Coils Market

According to Stratistics MRC, the Global Fan Coils Market is accounted for $2,708.41 million in 2021 and is expected to reach $3,966.09 million by 2028 growing ... Read more

January, 2022

From
USD 4150

Food And Beverage Position Sensors Market

According to Stratistics MRC, the Global Food and Beverage Position Sensors Market is accounted for $233.49 million in 2021 and is expected to reach $429.57 mil... Read more

January, 2022

From
USD 4150

Large Industrial Displays Market

According to Stratistics MRC, the Global Large Industrial Displays Market is accounted for $2.65 billion in 2021 and is expected to reach $3.98 billion by 2028 ... Read more

January, 2022

From
USD 4150