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Automation Solutions Market: A Boon for Smart Manufacturing

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Naureen Manzer
Automation Solutions Market: A Boon for Smart Manufacturing

The 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 covers Automation solutions Market Size by Product and applications, Automation solutions market share by top 5 companies and also the market share by start-ups during the forecast period

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 size, 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.

View Full Table of Contents of Automation Solutions Market:

https://www.industryarc.com/Report/15290/automation-solutions-market.html

Report Price (Single User): US $3850

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 $17.5billion in 2017. It is due to the rising demand for innovative automation solutions in this country.

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

Global Automation Solutions Market: Disruptive Trends

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.

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.

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.

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.

Related Reports:

A. Dispensing systems Market

https://www.industryarc.com/Report/250/Dispensing-systems-Market-analysis-report.html

B. Automation Market

https://www.industryarc.com/Report/15493/automation-market.html

About IndustryARC:

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.

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