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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Vacuum Pumps - Global Market Outlook (2018-2027) According to Stratistics MRC, the Global Vacuum Pumps Market is accounted for $4.26 billion in 2018 and is expected to reach $8.17 billion by 2027 growing at a…Read more

September, 2019

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Bandsaw Machines - Global Market Outlook (2018-2027) According to Stratistics MRC, the Global Bandsaw Machines Market is expected to reach at a CAGR of 6% during the forecast period. Rapidly growth of wood processing industry,…Read more

September, 2019

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Process Automation & Instrumentation - Global Market Outlook (2018-2027) According to Stratistics MRC, the Global Process Automation & Instrumentation market is accounted for $67.37 billion in 2018 and is expected to reach $134.67 billion by 2027 growing…Read more

September, 2019

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Industrial Hose - Global Market Outlook (2018-2027) According to Stratistics MRC, the global industrial hose market is accounted for $10.89 billion in 2018 and is expected to reach $21.12 billion by 2027 growing at a…Read more

September, 2019

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Spark Plasma Sintering - Global Market Outlook (2018-2027) According to Stratistics MRC, the Global Spark Plasma Sintering market is growing at a CAGR of 8.3% during the forecast period. Rising advance in sintering and microstructural processes…Read more

September, 2019

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Safety Relays and Timers - Global Market Outlook (2018-2027) According to Stratistics MRC, the Safety Relays and Timers market is growing at a CAGR of 6.5% during the forecast period. Some of the key factors such as…Read more

September, 2019

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Valve Positioners - Global Market Outlook (2018-2027) According to Stratistics MRC, the Global Valve Positioners Market is accounted for $1.59 billion in 2018 and is expected to reach $2.96 billion by 2027 growing at a…Read more

September, 2019

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3D Projector - Global Market Outlook (2018-2027) According to Stratistics MRC, the Global 3D Projector Market is accounted for $2.84 billion in 2018 and is expected to reach $6.22 billion by 2027 growing at a…Read more

September, 2019

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Total Lab Automation - Global Market Outlook (2018-2027) According to Stratistics MRC, the Global Total Lab Automation Market is growing at a CAGR of 8.0% during the forecast period. Growing need for new drug discovery through automation,…Read more

September, 2019

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Passenger Boarding Bridge - Global Market Outlook (2018-2027) According to Stratistics MRC, the Global Passenger Boarding Bridge Market is accounted for $899.26 million in 2018 and is expected to reach $2,035.24 billion by 2027 growing at a…Read more

September, 2019

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