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

Pressure Washer Market

According to Stratistics MRC, the Global Pressure Washer Market is accounted for $2.35 billion in 2021 and is expected to reach $3.31 billion by 2028 growing at... Read more

2022

From
USD 4150

Self Service Kiosk Market

According to Stratistics MRC, the Global Self Service Kiosk Market is accounted for $13,349.94 million in 2021 and is expected to reach $27,024.96 million by 20... Read more

2022

From
USD 4150

Touch Based Human Machine Interface Hmi Market

According to Stratistics MRC, the Global Touch Based Human Machine Interface (HMI) Market is accounted for $0.48 billion in 2021 and is expected to reach $2.15 ... Read more

2022

From
USD 4150

Pc Based Automation Market

According to Stratistics MRC, the Global PC-Based Automation Market is accounted for $31.72 billion in 2020 and is expected to reach $55.90 billion by 2028 grow... Read more

2021

From
USD 4150

Postal Automation System Market

According to Stratistics MRC, the Global Postal Automation System Market is accounted for $870.53 million in 2020 and is expected to reach $1552.58 million by 2... Read more

2021

From
USD 4150

Industrial Annunciators Market

According to Stratistics MRC, the Global Industrial Annunciators Market is accounted for $1999.73 million in 2020 and is expected to reach $2999.83 million by 2... Read more

2021

From
USD 4150

Ball Valve Market

According to Stratistics MRC, the Global Ball Valve Market is accounted for $8.24 billion in 2020 and is expected to reach $24.35 billion by 2028 growing at a C... Read more

2021

From
USD 4150

Motion Control Market

According to Stratistics MRC, the Global Motion Control Market is accounted for $15.19 billion in 2020 and is expected to reach $21.60 billion by 2028 growing a... Read more

2021

From
USD 4150

Cone Crushers Market

According to Stratistics MRC, the Global Cone Crushers Market is accounted for $1,523.40 million in 2020 and is expected to reach $2,637.12 million by 2028 grow... Read more

2021

From
USD 4150

Sulfur Recovery Technology Market

According to Stratistics MRC, the Global Sulfur Recovery Technology Market is accounted for $1.08 billion in 2020 and is expected to reach $2.87 billion by 2028... Read more

2021

From
USD 4150