GLOBAL AUTOMATION INDUSTRY MARKET RESEARCH REPORTS, ANALYSIS & CONSULTING
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Zero Backlash Reducer MarketAccording to Stratistics MRC, the Global Zero-Backlash Reducer Market is growing at a CAGR of 9.5% during the forecast period. A zero-backlash reducer is a prec... Read more |
2023 |
From USD 4150 |
Camellia Oleifera Fruit Harvesting Machine MarketAccording to Stratistics MRC, the Global Camellia Oleifera Fruit Harvesting Machine Market is growing at a CAGR of 3.5% during the forecast period. Camellia ole... Read more |
2023 |
From USD 4150 |
Articulated Arm Robot MarketYears Covered 2021-2030 Estimated Year Value (2023) US $20.9 BN Projected Year Value (20... Read more |
2023 |
From USD 4150 |
Automatic Lift Doors MarketYears Covered 2021-2030 Estimated Year Value (2023) US $110.3 BN Projected Year Value (2... Read more |
2023 |
From USD 4150 |
Aluminium Casting Products MarketYears Covered 2021-2030 Estimated Year Value (2023) US $150.4 BN Projected Year Value (2... Read more |
2023 |
From USD 4150 |
Antistatic Vacuum Cleaner MarketYears Covered 2021-2030 Estimated Year Value (2023) US $22.35 BN Projected Year Value (2... Read more |
2023 |
From USD 4150 |
Inulin MarketYears Covered 2021-2030 Estimated Year Value (2023) US $1.75 BN Projected Year Value (20... Read more |
2023 |
From USD 4150 |
Black Body Radiation Thermometer MarketYears Covered 2021-2030 Estimated Year Value (2023) US $6.5 BN Projected Year Value (203... Read more |
2023 |
From USD 4150 |
Carbonation Machines In Beverage MarketYears Covered 2021-2030 Estimated Year Value (2023) US $6.64 BN Projected Year Value (20... Read more |
2023 |
From USD 4150 |
Cnc Thread Grinders MarketYears Covered 2021-2030 Estimated Year Value (2023) US $5.35 BN Projected Year Value (20... Read more |
2023 |
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 Global factory automation market analysis 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 Analysis 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 Global 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, Global automation and control market 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.