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A
recently released report by Transparency Market Research (TMR)
forecasts that the global industrial controls and robotics market
will develop at a CAGR of 5.6% between 2013 and 2019. TMR, a market
intelligence firm in its report states that by 2019, the global
industrial controls and robotics market will reach US$147.7 billion
from US$102.02 billion in 2012. The report titled ‘Industrial
Controls and Robotics Market - Global Industry Size, Market Share,
Trends, Analysis and Forecast 2013 - 2019’ is available for sale on
the company website. According to this report, factors such as
greater need for turnaround time and increased performance of
hazardous tasks with no manual involvement drive the global market
for industrial controls and robotics. Greater productivity, coupled
with reduced variable costs, is another key factor that drives the
demand for industrial controls and robotics. Different types of
instrumentation and automation equipment form integral parts of the
industrial controls and robotics system.
Browse
the Full Industrial Controls and Robotics Market Report at:
The
primary aim of industrial controls and robotics is to control and
monitor the complex processes in industries. With surging demand for
high quality products and greater preference for high reliability in
large scale production processes is expected to boost the global
industrial controls and robotics market during the forecast period.
This market research report segments the global industrial controls
and robotics market on the basis of product type, technology,
application, and geography. On the basis of type of product, this
market is categorized into manufacturing execution systems, field
devices, and industrial control systems. Based on technology, the
global industrial controls and robotics market is segmented into
programmable logic control systems, manufacturing execution systems
(MES), machine vision systems, integrated manufacturing systems,
robotics systems, motion control and drive systems, and others, which
include wireless communications, power supply and backup, and
actuators.
The
various areas of application of industrial controls and robotics
technology are industries such as power, textile, automotive,
chemicals, printing and packaging, plastics, oil and gas,
pharmaceuticals, food processing, semiconductors, original equipment
manufacturers (OEMs), and others, which include metal, precision and
optics, and petrochemical. The segment for semiconductors is
anticipated to expand robustly in the forthcoming years owing to
surging demand for low cost, customized, and high volume
manufacturing that are vital in achieving technological and business
goals. From the regional perspective, this research report segments
the global industrial controls and robotics market into Asia Pacific,
the Americas, Europe, and Rest of the World. In 2012, America held
the highest share in the overall industrial controls and robotics
market followed by the Asia Pacific region.
Rapid
adoption of newer technologies and the high demand for re-engineering
and mass production in the industrial segment are the main factors
that propel the North America market for industrial controls and
robotics. The need for skilled workforce and high initial investment
are the key restraints hampering growth of the global industrial
controls and robotics market. The report identifies the following
companies in the global industrial controls and robotics market:
Kawasaki Robotics, Schneider Electric SA, Omron Corporation, Siemens
AG, Rockwell Automation Inc., Mitsubishi Electric Corporation, and
Invensys plc amongst others.
Industrial
controls and robotics market analysis, by type
Industrial Control systems
SCADA
PLC
DCS
Field Devices
Sensors
Relay & Switches
Robotics
Motion Control & Drives Systems
Machine Vision systems
Others
Manufacturing Execution Systems
Discrete
Process
Industrial
controls and robotics market analysis, by application
Power
Textiles
Automotives
Chemicals
Printing and Packaging
Plastics
Oil & Gas
Pharmaceuticals
Food Processing
Semiconductors
OEMs
Others
Industrial
controls and robotics market analysis, by technology
Motion Control and Drives Systems
Robotics Systems
Integrated Manufacturing Systems
Machine Vision Systems
Manufacturing Execution Systems
Programmable Logic Control System
Others
Industrial
controls and robotics market by Geography
The
different geographies covered under this research study is defined as
follows:
America’s
North America
U.S.
Canada
Mexico
South America
Argentina
Columbia
Brazil
Venezuela
Others
Europe
U.K.
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Taiwan
Others
Rest of the World
Africa
Middle East
Get
the Free Sample PDF File of Industrial Controls and Robotics Market
at:
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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Mr.
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