Modern era is encouraging the adoption of automation in each and every sector across the world. And, on the back of energy efficiency trend as well as efforts to save on labor costs, the automation application will continue to expand, as pinpointed by a recent IndustryARC report. The business intelligence report estimates the global automation solutions
market value at $160.29 billion in 2018, and projects it to grow at a CAGR
of 9.23% over the forecast period 2019-2025.
The report is titled:
“Automation Solutions Market: by Solutions (PLM, DCS, Machine Controllers,
Instrumentation, Security, and Others) Industry Verticals (Automotive, Food and
Beverage, Security and Surveillance, and Others) and Geography – Forecast (2019
- 2025).” This report includes the market shares of the competitors, market
trends, market demands, market drivers and challenges, and product analysis.
The report has been developed with intentions to serve key market participants with the necessary business
intelligence and help them understand the future of the automation solutions
market.
Global
Automation Solutions Market: Demand Analysis
Automation solutions
play a crucial role in numerous end-user industries such as automotive,
industrial, food and beverage, oil & gas, and pharmaceuticals. Technology
advancement from integrated drives and smart controllers to innovative PLM
software is boosting the demand for automation solutions. Automation is allied in every
aspect of individual life through varied practices such as home automation, banking
automation, laboratory automation, database administration, broadcast automation, console automation, and building energy efficiency automation.
Global
Automation Solutions Market: Leading Segments
Worldwide rising
demand for electric vehicles and autonomous vehicles, coupled with the increasing
automotive vehicle production and continuous growth in the foreseeable future are
contributing the growth of automotive application segment to surge at a CAGR of 7.56%
during the forecast period 2019-2025. Fast paced evolution of the automotive
industry with technological adoptions of Industry 4.0 and IoT technologies are empowering the customers with the digitization of information in an organized manner.
APAC held the largest
regional share of about 38.86% in the global automation solutions market as of
2018. This is attributed to numeral investments in technology and infrastructure. The Governments
of China and India are planning to invest in modern technologies and rapid
industrialization in order to compete with the developed economies. An
analysis report on the robot industry in China revealed that its industrial-scale
reached $17.5
[HS1] billion
in 2017. It is due to the rising demand for innovative automation solutions in
this country.
Global
Automation Solutions Market: Disruptive Trends
o
Industrial automation solutions allow
organizations to attain their business targets by enhancing greater return on investment
through consistent quality and lowest rejections of products. These solutions rules
in FMCG, food, automotive, pharmaceuticals, and electronics industries.
o
WIN (Wipro Infrastructure Engineering) automation
solutions targeting to tap the developing industrial automation market. Which
deals with early detection of defective products, effective recall of vehicles and
improvement of operational efficiency.
o
Automation solutions help to improve technologies,
optimize resources, increase productivity, reduce downtime and enhance safety across
varied sectors such as automotive, manufacturing, utility, process, and energy.
o
Automation solutions build digitized,
smart and automated manufacturing sector in the companies. Which is more useful
in increasing the productivity, inventory, line balancing, synchronization and supply
chain & logistics involved in the factory automation
Global
Automation Solutions Market: Competitive Landscape
General
Electric, Schneider Electric, Mitsubishi Electric, Rockwell Automation,
Honeywell, Yokogawa, Omron, ABB, Emerson, and Siemens are some of the key
strategic players which are holding prominent market shares in the global
automation solutions.
Talk to one of
our sales representative about the full report by providing your details in the
link below:
https://www.industryarc.com/support.php?id=15290
Related Reports:
A.
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B.
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Market
https://www.industryarc.com/Report/15493/automation-market.html
C.
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D.
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E.
Retail Automation Market
https://www.industryarc.com/Report/15043/retail-automation-market.html
What can you
expect from the report?
The automation solutions market is prepared with
the main agenda to cover the following 20 points:
1. Market Size
by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends
& Relevant Market Data 12. Country level Analysis
3. Manufacturer
Landscape 13. Competitor Analysis
4. Distributor
Landscape 14. Market Shares Analysis
5. Pricing
Analysis 15. Value Chain Analysis
6. Top 10 End
user Analysis 16. Supply Chain Analysis
7. Product
Benchmarking 17. Strategic Analysis
8. Product
Developments 18. Current & Future Market
Landscape Analysis
9. Mergers &
Acquisition Analysis 19. Opportunity Analysis
10. Patent
Analysis 20. Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC provide customized
reports and charge additionally for limited customization?
Response: Yes,
we can customize the report by extracting data from our database of reports and
annual subscription databases. We can provide the following free customization:
1. Increase the
level of data in application or end user industry.
2. Increase the
number of countries in geography chapter.
3. Find out
market shares for other smaller companies or companies which are of interest to
you.
4. Company
profiles can be requested based on your interest.
5. Patent
analysis, pricing, product analysis, product benchmarking, value and supply
chain analysis can be requested for a country or end use segment.
Any other custom
requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting
services.
To request for a
quote, provide your details in the below link:
Mr. Venkat Reddy
Sales Manager
Email 1: [email protected]
Or Email 2: [email protected]
Contact Sales: +1-614-588-8538 (Ext-101)
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.
[HS1]http://www.china.org.cn/business/2018-09/17/content_63528914.htm