Tag Archives: Industrial Automation Market

Barcode Scanner Market: Global Industry Analysis and Opportunity Assessment, 2017-2027

North America is expected to create total incremental opportunity of more than US$ 1500 Mn between 2017 and 2027. The North America Barcode Scanner Market is expected to account for a little more than 30% value share by the end of 2017. The region is projected to expand at a CAGR of 6.9% over the forecast period. Sales of barcode scanners in the U.S. is estimated to be valued at US$ 1404.8 Mn by the end of 2017 and is expected to witness significant growth over the forecast period, exhibiting high value–high growth. However, the barcode scanner market in Canada is expected to incline towards low value–high growth during the forecast period. Canada is projected to represent total incremental opportunity of more than US$ 240 Mn between 2017 and 2027.

Variable Frequency Drive Market: North America Industry Analysis and Opportunity Assessment, 2017–2027

Variable frequency drive sales value and volume consumption in the U.S. is projected to expand at the highest CAGR over the forecast period. In 2016, the U.S. Variable Frequency Drive Market was valued at more than US$ 3,300 Mn and has been estimated to increase to a little more than US$ 3,500 Mn by 2017 end, reflecting a Y-o-Y growth rate of 5.9%. The U.S. country market is anticipated to create incremental dollar opportunity of close to US$ 3,000 Mn between 2016 and 2027 in the North America variable frequency drive market. In terms of market value, the Canada variable frequency drive market was valued at US$ 911.8 Mn in 2016 and has been estimated to increase to more than US$ 950 Mn by 2017 end, reflecting a Y-o-Y growth rate of 5.2%. Revenue contribution from the variable frequency drive market in Canada is expected to increase at a CAGR of 4.8% over the forecast period. The Canada market is anticipated to create incremental dollar opportunity of more than US$ 600 Mn between 2016 and 2027 in the North America variable frequency drive market.

Industrial Automation Market : Emergence of Advanced Technologies and Global Industry Analysis

Industrial automation refers to application of various control systems to operate equipment in factoris or other manufacturing units. Today, industrial automation is used for operating several factories, machinery, heat treating boilers and ovens, steering and ship stabilization, switching on telecom networks, aircrafts and related applications, and automotive assemblies.

Over several years and with incredible investment in research and development, the global industrial automation market has evolved to reduce the burden of labor on humans. According to the research report, the global industrial automation market is anticipated to reach a valuation of US$352.02 bn by the end of 2024 from US$182.64 bn in 2015. Between the forecast years of 2016 and 2024, the global market is expected to expand at a CAGR of 6.6%.

Industrial Valve Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017-2027)

The demand for Petroleum Products has skyrocketed across the globe, both in developed and emerging economies. With the introduction of newer technologies, there has been growth in subsea oil and shale gas extraction in diverse regions such as North America and Europe. According to the U.S. Energy Information Administration’s International Energy Outlook 2016 (IEO2016) and Annual Energy Outlook 2016, shale gas production comprised more than 50% of natural gas production in the country and it is anticipated to double by the year 2040 to 79 bcf/d by the year 2040. An increasing number of projects in the global Oil & Gas industry should bring about rapid momentum in the pipeline installation and construction industry. These pipelines are laid down over extremely long distances and fitted with a number of valves from the industrial valve market to regulate hydrocarbon flow.

Industrial Automation Market: Trends & Opportunities with Forecast 2024

Global Industrial Automation Market: Overview

Industrial automation refers to application of various control systems to operate equipment in factoris or other manufacturing units. Today, industrial automation is used for operating several factories, machinery, heat treating boilers and ovens, steering and ship stabilization, switching on telecom networks, aircrafts and related applications, and automotive assemblies. Over several years and with incredible investment in research and development, the global industrial automation market has evolved to reduce the burden of labor on humans. According to the research report, the global industrial automation market is anticipated to reach a valuation of US$352.02 bn by the end of 2024 from US$182.64 bn in 2015. Between the forecast years of 2016 and 2024, the global market is expected to expand at a CAGR of 6.6%.

Global Market Study on Piling Sheet, Anchoring Equipment, and Trench Shoring System

Increasing industrialization, urbanization, mining exploration and excavation activities, and growth of trade and transport networks such as roadways and waterways in most of the emerging and developed countries are augmenting the revenue sales of the piling sheet, anchoring equipment, and trench shoring system market across the world. A report titled “Piling Sheet, Anchoring Equipment, and Trench Shoring System Market: Global Industry Analysis and Forecast, 2016–2024” has been recently added to the vast online repository of Market Research Reports Search Engine (MRRSE). This report analyzes the current situation as well as the future prospects of the global Piling Sheet, Anchoring Equipment, and Trench Shoring System Market.

Positive Displacement Pumps Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

The oil & gas industry uses Positive Displacement Pumps for the transfer of crude oil and gas as well as intermediates. Operations such as hydraulic fracturing, drilling, oil and gas well cementing and matrix treatments serve as end-use applications of positive displacement pumps. Both reciprocating as well as rotary pumps are used in this industry where the operating load ranges from moderate to high capacities. The oil & gas segment is estimated to be the major application sector in the global positive displacement pumps market with a revenue share of more than 20% over the forecast period. The segment is anticipated to gain 30 BPS during the forecast period and expand at a CAGR of 4.3% to reach a market valuation in excess of US$ 800 Mn by the end of 2026. The segment is projected to show increasing growth and account for around 25% of the overall incremental opportunity generated from the global positive displacement pumps market.

Industrial Automation Market is Expected to Grow at a CAGR over 6% From 2016 to 2022

Market Overview

 

In this rapidly changing environment, companies are expanding their scale of operations by increasing investments. In industrial automation innovation is very beneficial. Industrial automation has become worldwide. Different countries are exploring ways for industrial automation. Robotics in industrial automation has established a trend in industrial automation.

 

Internet of things (IOT) is considered as a major component with respect to industrial automation therefore industries adopting Internet of Things which has increased the demand for industrial automation. There was a recent report from the United Nation about the industrial automation which stated that there are high chances that industrial automation would disrupt the labor market. This has become a threat for industrial automation.