#Global Small Programmable Logic Controllers (PLC) Market Research Report
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harshnews · 7 months ago
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Micro and Nano Programmable Logic Controller (PLC) Market Size, Share, Key Drivers, Trends, Challenges and Competitive Analysis
"Global Micro and Nano Programmable Logic Controller (PLC) Market – Industry Trends and Forecast to 2029
Global Micro and Nano Programmable Logic Controller (PLC) Market, By Type (Micro PLC, Nano PLC), Offering (Hardware, Software, Services), Architecture (Fixed PLC, Modular PLC), Industry (Automotive Industry, Chemicals and Fertilizers Industry, Food and Beverages Industry, Home and Building Automation Industry, Metals and Mining Industry, Oil and Gas, Pharmaceutical Industry, Pulp and Paper Industry, Power, Water and Wastewater Industry) – Industry Trends and Forecast to 2029
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**Segments**
- **Type**: The Micro and Nano PLC market can be segmented by type, with micro PLCs being designed for simpler control systems with fewer I/O points and nano PLCs being even smaller and more cost-effective, ideal for applications with extremely limited space and basic functions.
- **End-User**: Another important segmentation is by end-user industry, where micro PLCs are commonly used in industries such as automotive, packaging, and material handling, while nano PLCs find applications in home automation, lighting control, and other small-scale operations.
- **Region**: Geographically, the market can be segmented into regions such as North America, Europe, Asia-Pacific, Middle East, and Africa. Each region may have different adoption rates and preferences for micro and nano PLCs based on their industrial landscape and technological advancements.
**Market Players**
- **Siemens AG**: A prominent player in the Micro and Nano PLC market, Siemens offers a wide range of PLC products catering to various industries. With a strong global presence and a focus on innovation, Siemens continues to be a key player in the market.
- **Rockwell Automation, Inc.**: Another major market player, Rockwell Automation specializes in industrial automation and control systems, including micro and nano PLCs. The company's technological expertise and established customer base position it as a significant competitor in the market.
- **Mitsubishi Electric Corporation**: Known for its advanced automation solutions, Mitsubishi Electric is a key player in the micro and nano PLC market. The company's high-quality products and comprehensive range of offerings make it a preferred choice for many industries.
- **Schneider Electric SE**: Schneider Electric is a leading provider of energy management and automation solutions, including micro and nano PLCs. With a focus on sustainability and efficiency, the company continues to expand its presence in the market.
- **ABB Ltd.**: ABB is a multinational company known for its expertise in robotics, power, and automation technologies. The company'sSiemens AG, one of the key players in the Micro and Nano PLC market, has maintained its strong position through a combination of technological innovation, industry expertise, and global reach. The company's diverse product portfolio caters to a wide range of industries, allowing it to capture numerous market segments effectively. Siemens' continuous investment in research and development ensures that its PLC products remain at the forefront of technology, offering customers cutting-edge solutions for their automation needs. Additionally, Siemens' focus on sustainability and energy efficiency aligns well with the growing industry trends, further solidifying its position in the market.
Rockwell Automation, Inc. is another significant player in the Micro and Nano PLC market, renowned for its industrial automation solutions and expertise. The company's established reputation for delivering reliable and high-performance control systems has made it a preferred choice for many industries worldwide. Rockwell Automation's commitment to technological advancement and customer-centric approach has enabled it to stay competitive in a rapidly evolving market landscape. By offering a comprehensive range of PLC products tailored to different application needs, Rockwell Automation continues to attract a diverse customer base and expand its market presence.
Mitsubishi Electric Corporation's presence in the micro and nano PLC market is characterized by its focus on advanced automation solutions and product quality. The company's reputation for providing robust and reliable PLCs has earned it a strong position in the market, especially in industries that demand precision control and high performance. Mitsubishi Electric's commitment to innovation and continuous improvement ensures that its PLC products meet the evolving needs of customers across various sectors. By emphasizing user-friendly interfaces, scalability, and flexibility in its offerings, Mitsubishi Electric remains competitive in a competitive market landscape.
Schneider Electric SE, a leading provider of energy management and automation solutions, has established itself as a significant player in the Micro and Nano PLC market. The company's comprehensive product portfolio, which includes a range of PLCs suited for different applications, enables it to address diverse customer requirements effectively. Schneider Electric's focus on sustainability and efficiency aligns well**Segments:**
- **Type**: The Micro and Nano PLC market can be segmented by type into micro PLCs and nano PLCs. Micro PLCs are designed for simpler control systems with fewer I/O points, while nano PLCs are even smaller and more cost-effective, ideal for applications with limited space and basic functions.
- **End-User**: Another important segmentation is by end-user industry, where micro PLCs are commonly used in industries such as automotive, packaging, and material handling. On the other hand, nano PLCs find applications in home automation, lighting control, and other small-scale operations.
- **Region**: Geographically, the market can be segmented into regions such as North America, Europe, Asia-Pacific, Middle East, and Africa. Each region may have different adoption rates and preferences for micro and nano PLCs based on their industrial landscape and technological advancements.
**Market Players:**
Siemens AG, Rockwell Automation, Inc., Mitsubishi Electric Corporation, Schneider Electric SE, and ABB Ltd. are key players in the Micro and Nano PLC market. These companies offer a wide range of PLC products catering to various industries and have established a strong global presence in the market.
**Global Micro and Nano Programmable Logic Controller (PLC) Market:**
- **Type**: The market is segmented into Micro PLC and Nano PLC categories. - **Offering**: Includes hardware, software, and services. - **Architecture**: Divided into fixed PLC and modular PLC. -
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Micro and Nano Programmable Logic Controller (PLC) Market Landscape
Part 04: Global Micro and Nano Programmable Logic Controller (PLC) Market Sizing
Part 05: Global Micro and Nano Programmable Logic Controller (PLC) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Core Objective of Micro and Nano Programmable Logic Controller (PLC) Market:
Every firm in the Micro and Nano Programmable Logic Controller (PLC) Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
Size of the Micro and Nano Programmable Logic Controller (PLC) Market and growth rate factors.
Important changes in the future Micro and Nano Programmable Logic Controller (PLC) Market.
Top worldwide competitors of the Market.
Scope and product outlook of Micro and Nano Programmable Logic Controller (PLC) Market.
Developing regions with potential growth in the future.
Tough Challenges and risk faced in Market.
Global Micro and Nano Programmable Logic Controller (PLC) top manufacturers profile and sales statistics.
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businessindustry · 10 months ago
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Integrated Automation System (IAS) Market, Industry Recent Developments and Latest Technology 2032| Reports and Insights
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The Reports and Insights, a leading market research company, has recently releases report titled “Integrated Automation System (IAS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Integrated Automation System (IAS) Market Research, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Integrated Automation System (IAS) Market?
The integrated automation system (IAS) market is expected to grow at a CAGR of 5.6% during the forecast period of 2024 to 2032.
What are Integrated Automation System (IAS)?
An Integrated Automation System (IAS) is an advanced technological solution engineered to unify and enhance diverse industrial processes within a single integrated framework. Through the integration of control systems, sensors, actuators, and software applications, IAS enables smooth communication and coordination among various components and subsystems, facilitating efficient monitoring, management, and control of activities such as production, logistics, and quality assurance. With its capacity to consolidate data, offer real-time insights, and automate repetitive tasks, IAS boosts productivity, lowers operational expenses, and enhances overall efficiency across a broad spectrum of industrial operations.
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What are the growth prospects and trends in the Integrated Automation System (IAS) industry?
The integrated automation system (IAS) market growth is driven by various factors. The market for Integrated Automation Systems (IAS) is experiencing swift expansion, fueled by the growing demand for efficient industrial automation and streamlined operational workflows. With businesses increasingly prioritizing enhanced productivity and cost-effectiveness, IAS solutions have become indispensable across diverse sectors such as manufacturing, energy, automotive, and healthcare. These systems offer seamless integration of control mechanisms, sensors, and software applications, facilitating optimized production, logistics, and quality control processes. Moreover, the increasing adoption of Industry 4.0 principles and the Internet of Things (IoT) further accelerates the IAS market growth, as organizations acknowledge the benefits of centralized data management, real-time monitoring, and predictive maintenance capabilities provided by these sophisticated automation systems. Hence, all these factors contribute to integrated automation system (IAS) market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Component:
Hardware
Software
Services
Type:
Distributed Control System (DCS)
Programmable Logic Controller (PLC)
Supervisory Control and Data Acquisition (SCADA)
Human Machine Interface (HMI)
Others
Industry Vertical:
Manufacturing
Oil and Gas
Energy and Utilities
Automotive
Aerospace and Defense
Chemicals
Pharmaceutical and Healthcare
Food and Beverage
Others
End User:
Small and Medium Enterprises (SMEs)
Large Enterprises
Application:
Process Automation
Discrete Automation
Connectivity:
Wired
Wireless
Functionality:
Plant Automation
Machine Automation
Deployment:
On-premises
Cloud-based
End-Use:
Industrial
Commercial
Solution:
Control Systems
Robotics
MES (Manufacturing Execution System)
Industrial IoT (Internet of Things)
Others
Service:
Consulting
Integration and Implementation
Maintenance and Support
Industry 4.0 Enabler:
Big Data Analytics
Artificial Intelligence
Industrial Cybersecurity
Cloud Computing
Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
The U.K.
France
Spain
Italy
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
India
Japan
South Korea
Australia
New Zealand
ASEAN
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa:
Saudi Arabia
United Arab Emirates
South Africa
Egypt
Israel
Rest of MEA.
Who are the key players operating in the industry?
The report covers the major market players including:
Siemens AG
Schneider Electric SE
Emerson Electric Co.
Honeywell International Inc.
Rockwell Automation Inc.
Mitsubishi Electric Corporation
Yokogawa Electric Corporation
Omron Corporation
Bosch Rexroth AG
General Electric Company
Johnson Controls International plc
Fanuc Corporation
Schneider Electric SE
Hitachi Ltd.
View Full Report: https://www.reportsandinsights.com/report/Integrated Automation System (IAS)-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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aimarketresearch · 1 year ago
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Micro and Nano Programmable Logic Controller Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus
Micro and Nano PLC Market report is an important manuscript for every market enthusiast, policymaker, investor, and market player. The industry report gives an arrangement regarding the market’s components, by pinpointing a couple of edges including limitations, regard chain, utilization foundation, and client affirmation. This market report also involves the drivers and restraints for the Micro and Nano PLC market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are driving the market are by systemic company profiles.
Global Micro and Nano PLC market research report is based on a customer intelligence and competitive study of the market. Moreover, the report endows with deep insights into demand forecasts, market trends, and micro and macro indicators in the market. This market report deals with the analysis of the up-and-coming trends along with major drivers, restraints, challenges and opportunities in the market for Micro and Nano PLC industry. Also, factors that are driving and restraining the market are highlighted in the study. Micro and Nano PLC is an in-depth business intelligence report based on qualitative and quantitative parameters of the market.
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Programmable logic controllers (PLCs) have greatly improved over recent years in terms of capability, usability, communications, and programming flexibility. Because of the advancements in the sector, conventional measurements such controller size, type, and input/output count are now only a distant secondary consideration when selecting a PLC. Today's medium- and small-sized PLCs have features that were unheard of just a few years ago. These smaller PLC units are also far less expensive than standard-sized PLCs, and they are widely used in various specialized applications, such as small machines with a focus on basic serial connections.
Global micro and nano programmable logic controller (PLC) market was valued at USD 8.15 million in 2021 and is expected to reach USD 14.54 million by 2029, registering a CAGR of 7.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
The Micro and Nano PLC market research report displays a comprehensive study on production capacity, consumption, import and export for all the major regions across the globe. The target audience considered for this market study mainly consists of Key consulting companies & advisors, Large, medium, and small-sized enterprises, Venture capitalists, Value-added resellers (VARs), Third-party knowledge providers, Investment bankers, and Investors. This global market analysis report is the believable source for gaining the market research that will exponentially accelerate the business growth. The top notch Micro and Nano PLC market report is the best option to acquire a professional in-depth study on the current state for the market.
Table of Contents: Micro and Nano PLC Market
1 Introduction
2 Global Micro and Nano PLC Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Micro and Nano PLC Market, by Product Type
7 Micro and Nano PLC Market, by Modality
8 Micro and Nano PLC Market, by Type
9 Micro and Nano PLC Market, by Mode
10 Micro and Nano PLC Market, by End User
12 Micro and Nano PLC Market, by Geography
12 Micro and Nano PLC Market, Company Landscape
13 Swot Analysis
14 Company Profiles
Countries Studied:
North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Some of the major players operating in the micro and nano programmable logic controller (PLC) market are
ABB (Switzerland)
Fujitsu (Japan)
Toshiba Corporation (Japan)
Texas Instruments Incorporated (U.S.)
Cree LED (U.S.)
Aixtron (Germany)
Mitsubishi Chemical Corporation (Japan)
Eaton (Ireland)
Siemens (Germany)
Belkin International, Inc (U.S.)
Aukey (China)
Gizmochina  (China)
VisIC Technologies (Israel)
Koninklijke Philips N.V. (Netherlands)
VINA International Holdings LTD. (U.S.)
GaN Systems Inc. (Canada)
Epigan NV (Belgium)
Navitas Semiconductor Ltd.(U.S.)
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research--blog · 2 years ago
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Industrial Automation Software Market Worth $59.5 Billion by 2029 at a CAGR of 7.4%
Industrial Automation Software Market by Product (SCADA, DCS, MES, HMI, PLC, IT and Software Environment Integration Solutions, Production Process Test Systems), Deployment Type, End User, and Geography – Global Forecast to 2029″, the industrial automation software market is expected to register a CAGR of 7.4% from 2022 to 2029 to reach $59.5 billion by 2029.
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An increase in demand for automation for qualitative & reliable manufacturing, the growing need for mass production with reduced operation costs, and the emergence of Industry 4.0 & enabling technologies are the key factors driving the growth of the global industrial automation software market. The emerging automation-driven industries in developing countries provide significant growth opportunities for players operating in this market.
The Impact of COVID-19 on the Global Industrial Automation Software Market
The outbreak of the COVID-19 pandemic has led to a widespread economic downturn as several countries imposed strict lockdowns to contain the infection. These lockdowns have affected diverse industries, primarily due to the impact on manufacturing operations. There has been a significant impact on supply chains globally. Manufacturing & processing companies faced huge losses in the first and second quarters of 2020 due to disrupted supply chains and delayed production schedules. The rapid spread of the coronavirus in the U.S., Europe, and Asian countries resulted in nationwide lockdowns and a temporary halting of production facilities to prevent further spread.
The COVID-19 pandemic led to the downsizing of various businesses and negatively impacted the growth of the industrial automation software market. Various small- and medium-sized enterprises cannot afford the large investment needed for deploying automation for processes.
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Based on product, the global industrial automation software market is segmented into supervisory control and data acquisition (SCADA), distributed control system (DCS), manufacturing execution system (MES), human machine interface (HMI), programmable logic controller (PLC), IT & software environment integration solutions, production process test systems, automated material handling systems, coordinated data management systems, and automatic storage & retrieval systems. In 2022, the supervisory control and data acquisition (SCADA) segment is expected to account for the largest share of the industrial automation software market. SCADA controls and monitors automation processes that are important for data analysis and takes decisions for optimization. In addition, the rising demand for industrial automation solutions among organizations is expected to boost the growth of the segment. However, the human machine interface (HMI) segment is expected to grow at the highest CAGR during the forecast period.
Based on deployment type, the global industrial automation software market is segmented into on-premise and cloud-based. In 2022, the on-premise segment is expected to account for the largest share of the industrial automation software market. Industries run on-premise servers to gain full control over security. However, the cloud-based segment is expected to grow at the highest CAGR during the forecast period.
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Based on end user, the global industrial automation software market is segmented into oil & gas, chemicals & materials, paper & pulp, pharmaceuticals & biotech, mining & metals, food & beverage, power, consumer goods, automotive, machines & tools, semiconductors & electronics, aerospace & defense, and other end users. In 2022, the oil & gas segment is expected to account for the largest share of the industrial automation software market. Some of the major areas highly influenced by automation in the oil & gas sector include drilling operations, diagnostics & inspections, pipeline monitoring systems, weather monitoring systems, and pressure & flow systems. Drilling is one of the major areas that require automation due to its high costs and safety risks.
However, the chemicals & materials segment is expected to grow at the highest CAGR during the forecast period due to the increasing implementation of IoT and process automation solutions. The chemical industry is witnessing intense global competition and low product differentiation, making cost control necessary. In such an environment, automation solutions offer dual benefits of innovation in the areas that matter to consumers and improved cost efficiency throughout optimized production. The chemicals & materials industry also needs to control raw material & energy costs, which can be achieved using IIoT and automation technologies, which is further expected to create opportunities for the market’s growth.
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Based on geography, the global industrial automation software market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is expected to hold the largest share of the industrial automation market, followed by Europe and North America. Government initiatives and policies supporting the digitization of manufacturing plants and investments in the IIoT are major factors boosting the adoption of industrial automation software in the region.
Some of the key players operating in the global industrial automation software market are Emerson Electric Co. (U.S.), ABB Ltd (Sweden), Siemens AG (Germany), General Electric Company (U.S.), Schneider Electric SE (France), Honeywell International Inc. (U.S.), Rockwell Automation Inc. (U.S.), HCL Technologies Ltd.(India), Parsec Automation Corporation (U.S.), SAP SE (Germany), Tata Consultancy Services Limited (India), Hitachi, Ltd. (Japan), OMRON Corporation (Japan), Aegis Industrial Software Corporation (U.S.) and IBM Corporation (U.S.).
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sudeepkedar · 2 years ago
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SCADA Market 2030: Top Vendors Analysis, Growth Drivers and Geographical Analysis
As per a recent research report, Global SCADA Market share is likely to surpass USD 85 billion valuation by 2030
The global SCADA market is slated to register promising growth over 2030. SCADA (Supervisory Control and Data Acquisition) have gained popularity since the advent of technology-based trends such as digitization and virtualization of different manufacturing operations. As industries transition from labor-intensive to tech-centric activities, advanced control systems like SCADA are being rapidly deployed.
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The technology is faster and easier to operate unlike some of the complex hardware systems existing today. SCADA systems can effectively and accurately operate multiple pieces of hardware setups with the help of user-friendly HMI software. These technologies also allow manufacturers to cut costs through automation and reduced training needs.
SCADA system companies are focusing on launching new software programs and tools to address the growing demand for automated technologies. In March 2021, Mitsubishi Electric extended its portfolio of SCADA products in EMEA with the launch of two new software solutions under the series name GENESIS64. The tools will each cater to small production lines and large-scale monitoring needs of utility sectors, factories, and buildings.
Energy transition has further accelerated investments and acquisitions of SCADA providers. For instance, in April 2022, SCADA International announced an investment from Magnesium Capital LLP, a London-based energy transition investor. The acquisition will enable both companies to provide next-generation SCADA and control solutions for the renewable sector.
The SCADA industry is segregated into component, application, and region.
Based on component, the market is fragmented into remote terminal units (RTUs), human-machine interface (HMI), programmable logic controller (PLC), and others. In 2021, the remote terminal units (RTUs) segment accounted for more than 41% revenue share of the SCADA industry.
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RTUs are extensively incorporated to produce a communication protocol that can supply information into SCADA systems by converting the electronic signals generated by field instrumentation. These components offer a wide variety of benefits including advanced data processing capabilities and modular architecture that enables flexible functions.
In terms of application, the industry is categorized into food & beverage, transportation, chemical & pharmaceutical, water & sewage, oil & gas, utility, and manufacturing. Among these, the SCADA market revenue share from transportation applications is poised to reach over USD 1 billion by 2030.
Middle East & Africa SCADA market size is projected to register over 4.4% CAGR between 2022-2030 driven by the large-scale deployment of these systems in the oil and gas sector. The adoption of SCADA solutions by utility distribution and wastewater management companies in MEA has also picked up the pace. For instance, the National Water Company (NWC) of Saudi Arabia has extensively deployed PLC-based SCADA systems across several water & wastewater treatment plants situated in residential areas.
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ananya5400 · 3 years ago
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Food Robotics Market Projected to Garner Significant Revenues by 2026
 According to MarketsandMarkets, The global food robotics market size is estimated to be valued at USD 1.9 billion in 2020 and projected to reach USD 4.0 billion by 2026, recording a CAGR of 13.1% during the forecast period. The demand for food robotics is increasing significantly owing to surging demand for food with increasing population and increasing demand for enhanced productivity in food processing. Additionally, increasing investments in automation in the food industry is projected to provide growth opportunities for the food robotics market.
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Opportunities: Increasing functionality of robots
Traditionally, the functionality and use of robots was limited to heavy payload in transportation equipment manufacturing. However, with the increasing functionality of robots more industries, such as the food processing industry are adopting automation with mainly low payload robots. Sections such as dairy and bakery in the food & beverage industry are minimizing human contact in the production process in order to comply with health authority standards. There is an opportunity for the food robotics market to grow with the increase in functionality of robots to include packaging, repackaging, and palletizing.
Challenges: High installation cost of robotic system
Most food manufacturers are reluctant to adopt automated processes due to the installation cost over and above the price of the robot. The added cost to turn the individual robots into a comprehensive robotic system, peripheral equipment such as safety barriers, sensors, programmable logic controllers (PLC), human machine interface (HMI), and safety systems is a challenge for market growth. Additionally there are engineering costs for programming, installation, and commissioning. These additional costs pose a challenge for the growth of the food robotics market. Small- and medium-scale manufacturers are reluctant to incur high initial costs of installation as it could extend the period to achieve the break-even point.
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The European region dominates the food robotics market with the largest share in 2020.
The European food robotics market is driven by high investment in research & development with regard to technology, along with the rise in demand for packed, ready-to-cook, and high-quality food products. The European Robotics Association started monitoring in European Union activities, policies, and funding in the new robot technology to strengthen the international market for food & beverage manufacturing, which is likely to impact the adoption of food robotics positively.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, including ABB Group (Switzerland), KUKA AG (Germany), Fanuc Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Yasakawa Electric Corporation (Japan), Denso Corporation (Japan), Nachi-Fujikoshi Corporation (Japan), OMRON Corporation (Japan), Universal Robots A/S (Denmark), Staubli International AG (Switzerland), Bastian Solutions LLC (U.S.), Schunk GmbH (Germany), Asic Robotics AG (Switzerland), Mayekawa Mfg. Co. Ltd. (Japan), Apex Automation & Robotics (Australia), Aurotek Corporation (Taiwan), Ellison Technologies Inc. (U.S.), Fuji Robotics (Japan), and Moley Robotics (U.K.).
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anitakumarigrewal · 4 years ago
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Growth in Advancements in Sensor Technology Expected to Drive North America Smart Factory Market: Ken Research
Smart factory is an advanced factory that has different cyber-physical frameworks where materials can be moved proficiently across the factory floor. It has integrated computing codes that provides a number of automation solution. Smart factory provides different data models and factory- specific & manufacturing execution systems (MES) templates for rapid use. It boosts productivity along with cutting down the operational costs in comparison with traditional production systems.
As per analysis, “North America Smart Factory Market 2020-2026 by Component, Product (Industrial 3D Printing, Sensors, Machine Vision, Industrial Robots, Industrial Network, Control Devices), Technology, End User, and Country: Trend Forecast and Growth Opportunity” some of the key manufacturers operating in the North America smart factory market include Fanuc Corp., Adept Technology Inc., Danaher Corporation, FLIR Systems Inc., Honeywell International Inc., Genmark Automation, Inc., Bharat Heavy Electrical Ltd, ABB Ltd., ATOS SE, Cisco Systems, Inc., Daihen Corp., Comau S.p.A, Ellison Technologies Inc., Cognex Corporation, Emerson Electric Co., Fanuc Corp., Hitachi, Ltd., General Electric Co., Epson Robotics, Mitsubishi Electric Corp., Kawasaki Robotics Inc., NovaTech Process Solutions LLC, Nachi Fujikoshi Corp., Metso Corporation, Konux Inc., Johnson Controls Inc, Kuka Aktiengesellschaft, Nextnine Ltd, Panasonic Corporation (Activelink), Omron Corporation, Rethink Robotics, Inc., Oracle Corporation, Pari Robotics, Staubli International AG, Samsung Electronics, Rethink Robotics, Inc., Rockwell Automation Inc., Schneider Electric SE, Robert Bosch GmbH, Toshiba Machine Co., Ltd., Yamaha Robotics, Yokogawa Electric Corporation, Universal Robots, Siemens AG, Yaskawa Electric Corp., Wipro Limited, Schneider Electric SE, Yokogawa Electric Corporation and among others.
On the basis of component, North America smart factory market is bifurcated into software, hardware and services. On the basis of product, market is bifurcated into sensors, industrial 3D printing, industrial robots, machine vision, control devices and industrial network. Industrial robots are further sub-segmented as cylindrical robots, collaborative robots, SCARA robots, delta/parallel robots and other industrial robots. Machine vision is further sub-segmented as cameras, enclosures, processors, frame grabbers, lighting, integration services, and other machine vision systems. Control devices segment is further sub-segmented as relays & switches and servo motors & drives. Additionally, industrial network is further sub-segmented a wired network, wireless network and RFIS system. On the basis of technology, market is bifurcated as Supervisory Control and Data Acquisition (SCADA), Product Life Cycle Management (PLM), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Plant Asset Management (PAM), Human-Machine Interface (HMI), Distributed Control System (DCS), Enterprise Resource Planning (ERP) and other technologies. In addition, on the basis of end-user, market is bifurcated as metals & mining, chemical & petrochemical, oil & gas, aerospace & defense, food & beverage, automotive, pharmaceutical, semiconductor & electronics and other end-users.
The North America smart factory market is driven by growth in advancements in sensor technology, followed by rise in adoption of robots in industries, increase in emphasis on real-time data analysis and growth in need for improving efficiency and energy saving in the manufacturing process. However, requirement of a significant amount of capital investments and risk associated with security of cyber-physical system may impact the market. Moreover, growth in advancements in 3D printing technology is a key opportunity for market. Furthermore, lack of awareness in small & medium-sized businesses is a major challenge for market.
By regional analysis, the North-America region is bifurcated as Mexico, Canada and U.S. It is projected that future of the North America smart factory market will be bright as a result of rise in adoption in the automotive segment during the forecast period.
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North America Smart Factory Market Research Report
Related Report:-
Global Smart Factory Market 2020-2026 by Component, Product (Industrial 3D Printing, Sensors, Machine Vision, Industrial Robots, Industrial Network, Control Devices), Technology, End User, and Region: Trend Forecast and Growth Opportunity
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waaaiz · 4 years ago
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Cold Chain Market Research Report
Growth opportunities in the cold chain market look promising over the next six years. This is mainly due to the growing need for temperature control to prevent health risks, technological developments in the packaging and storage of various products and increasing government support.
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Cold Chain Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The surging demand for perishable food items, increasing requirement of temperature control to protect various health hazards, and growing sustainability of convenience food led by modernization are the major drivers responsible for the growth of the global cold chain market. Also, a boost in the international trade of perishable goods owing to trade liberalization policy, enlargement of organized food retail industry, and technological developments will raise the market demand. The growing initiatives by the government to decrease the post-harvest and processed food wastage for infrastructural expansion across developing nations will strengthen the market share. The upliftment in the disposable income of individuals coupled with the fast urbanization will promote the market share. However, increasing environmental concerns relating to greenhouse gas emissions and huge operational value may restrain the market growth.
Type
Segment Drivers
Based on the type, Refrigerated Storage is anticipated to lead the market during the forecast period owing to their accelerating capacities primarily in the Asia-Pacific region and augmenting inclination preference for packaged food. Moreover, the switch in the storage of food products from cold storage warehouses to the provision of value-added services to customers will further fuel the growth of the industry.
Application Segment Drivers
On the basis of application, Dairy & Frozen Desserts are expected to dominate the market during the forecast period. This is because of the economic growth, increasing urban population, and alteration in the dietary patterns of the consumer. On the other edge, Bakery & Confectionery products are projected to grow at a higher CAGR over the forecast period, led by intensifying disposable income and varying food habits.
Regional Drivers
Based on the regional coverage, Europe is projected to witness a faster CAGR over the forecast period due to the propelling demand for cold chains and rising consumption of high-quality perishable commodities across the globe. On the other hand, Asia-Pacific is predicted to increase at a higher CAGR over the forecast period owing to the surging consciousness awareness towards the prohibition of wastage of food before consumption, and increasing demand for perishable food among consumers, and favorable initiatives by the government.
Cold Chain Market’s leading Manufacturers:
·        Tippmann Group
·        Burris Logistics, Inc.
·        Kloosterboer Group B.V.
·        Swire Group
·        Lineage Logistics Holdings, LLC
·        Henningsen Cold Storage Company
·        Interstate Cold Storage, Inc.
·        Agro Merchants Group
·        Nichirei Corporation,
·        Americold Logistics LLC
 Cold Chain Market Segmentation:
Segmentation by Type:
·        Refrigerated Storage
·        Refrigerated Transport
Segmentation by Temperature Type:
·        Chilled
·        Frozen
Segmentation by Application:
·        Dairy & Frozen Desserts
·        Fish, Meat and Seafood Products
·        Fruits & Vegetables
·        Bakery & Confectionery Products
·        Others
Segmentation by Technology:
·        Blast Freezing
·        Vapor Compression
·        Programmable Logic Controller (PLC)
·        Evaporating Cooling
·        Cryogenic Systems
·        Others
Segmentation by Region:
·        North America
o   United States of America
o   Canada
·        Asia Pacific
o   China
o   Japan
o   India
o   Rest of APAC
·        Europe
o   United Kingdom
o   Germany
o   France
o   Spain
o   Rest of Europe
·        RoW
o   Brazil
o   South Africa
o   Saudi Arabia
o   UAE
o   Rest of the world (remaining countries of the LAMEA region)
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GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.
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akashs123 · 4 years ago
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AS-Interface Market 2021 Research Study and Strong Growth in Future 2023
Market Research Future published a research report on “AS-Interface Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Overview:
The global Actuator Sensor Interface market is expected to grow at USD 1,178.3 million by 2023, at 4.8% of CAGR during the forecast period of 2017 to 2023. The demand for the Actuator Sensor Interface slave is estimated to increase owing to its various applications in process industries. It has a small size and easy integration within the sensor and actuator.
The AS-Interface is used in material handling that includes various activities such as loading and transporting the material from one location to another. These are used in AS-Interface in the airport for baggage handling. The AS-interface creates a network connecting to various systems in an optimum operating plant, to minimize wastage and valuable resources. This process includes activities such as processing of water, refining of the impurities, distribution, and storage of water and many others. There are various benefits of AS-Interface that help propel that market growth as well. It saves hardware by reducing I/O cards, wiring and cabinets, fast error localization, transmission in real-time, and quick installation.
The AS-Interface Market is influenced by the rising demand in its end-use applications. Growing demand in industrial automation is another driver escalating the growth of the market. It enables effective controlling, monitoring, and execution of the manufacturing process. AS-Interface is utilized in automation applications, process control valves, conveyor control, electrical distribution systems, bottling plants, elevators, packaging machines, airport baggage carousels, and bottling lines. On the other hand, high cost of one-time tooling and restricted monitoring of the sensor function prove detrimental to the market. However, the market is bound to grow tremendously as AS-Interface is implemented in many sectors that enhances safety and productivity. For instance in food and beverage sector, it helps reduce installation costs, improves flexibility by connecting with PLCs, improves data flow by using AS-Interface cables attached to other devices and also provides constant power supply throughout all the system. Support from the government for the adoption of industrial automation in various industries also propels the market upward.
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Key Players
The prominent players in the AS-Interface Market are –Pepperl+Fuchs GmbH (Germany), ABB Group (Switzerland), Baumer Electric AG (Switzerland), Emerson Electric Co. (U.S), Bihl+Wiedemann GmbH (Germany), IFM Electronic GmbH (Germany), Siemens AG (Germany), Valmet Corporation (Finland), Schneider Electric S E (France),Phoenix Contact GmbH & Co. Kg (Germany) among others.
AS-Interface Market – Segmentation
The global AS-Interface market has been segmented on the basis of component, application, Industry, and region. The market is segmented on the basis of component, which is comprised of AS-interface gateway, AS-interface slave, AS-interface cable and AS-interface power supply. AS-interface gateway serves as the link between the sensor/actuator level of AS-Interface and the upper-level bus systems. This enables availability of diagnostics information on safety-relevant input slaves directly in the cyclical I/O data in programmable logic controller. On the other hand, AS-interface cables provide common data and power transition through the use of a single master system. These advantages make this segment popular and also helps in making a positive impact on the market growth of AS-interface.
The market is segmented into application; they are building automation, drive control, and material handling. Replacing simple sensors with AS-Interface sensors and actuators is one of the most popular trends in automation currently. AS-I’s potential to cost-effectively replace the nest of wires that permeates most industrial sites is tremendously appealing across many industries, particularly in building automation. On the other hand, AS-I is vastly in demand in material handling and drive control sectors as it provides with simple integration of the drives into the control system, simple installation system and also helps increase savings in wiring costs and time.
The market is also segmented on the basis of industry. These industries are chemicals, paper, pharmaceuticals, metal and mining, and oil and gas. Many industries utilize AS-I as it provides easy integration for electronic and physical records. Through Actuator Sensor Interface, it is possible to check inventory for any location, and the results can be uploaded to the database, thus significantly saving cost and time. Deploying AS-I enables various industries to achieve operational excellence with increased production and lower maintenance.
Global AS-Interface Market – Regional Analysis
The AS-Interface market is extensively segmented into Asia Pacific, North America, Europe and Rest of the World. North America region accounts for the largest market share of close to 40%, thus is currently leading the global AS interface market. The key companies active in this region are ABB Group (Switzerland), Emerson Electric Co. (U.S), Pepperl+Fuchs GmbH (Germany), and many more.
On the other hand, the Europe market, owing to major AS-Interface manufacturing companies is projected to grow further in the foreseeable years. Market Research Future (MRFR) estimates that Asia Pacific will emerge as the fastest growing region. South Korea is mainly driven by the increasing AS-interface applications in automobiles, shipbuilding, and mining. AS-Interface proves to be cost-effective and smooth installation are some contributing factors towards the growth of the market in this region.
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ishubhampatil09 · 5 years ago
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Smart Factory Market Is Expected To Witness CAGR Of 13.3 % During The Forecasted Period (2019-2027)
Overview
A smart factory is a production environment, in which production facilities and logistics systems are organized without human intervention. The primary basis of the smart factory is cyber-physical systems that communicate with each other by utilizing the Internet of Things and services. This allows a more efficient connection of supply chain and better organization within any production environment. These factories can run autonomously on a large scale with the ability to self-correct. A smart factory offers visibility, autonomy, and connectivity. Although companies have already employed automation, smart factories are a step further and run without human intervention. Moreover, smart factories can learn and adapt in real-time, making them more flexible than their predecessors, as they use modern technologies.
The global smart factory market is estimated to account for US$ 116.3 Bn in terms of value in 2019 and is expected to grow at a CAGR of 13.3% during the forecasted period 2019-27.
Market Driver
Growing emphasis on fulfilling consumer demands are expected to boost the global smart factory market growth over the forecast period
A number of factories are becoming increasingly customer-centric, delivering products that offer more benefits and meet specific needs, in order to meet the range of consumer requirements. Currently, consumers demand new varieties of products and have little tolerance with regard to quality issues. Furthermore, a smart factory allows optimized individual customer product manufacturing via intelligent collation of an ideal production system, which affects product properties, logistics, costs, security, reliability, time, and sustainability considerations. Thus, these factors are expected to support the global smart factory market growth during the forecast period.
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Market Opportunity
Rising adoption of IIoT and cyber-physical systems can present significant growth opportunities
Adoption of industrial internet of things (IIoT) and cyber-physical systems (CPS) is expected to revolutionize the global smart factory market. IIoT allows connectivity all along the value chain for better communication among manufacturers, wholesalers, retailers, and consumers. CPS-optimized production processes at factories enable manufacturers to determine and identify various activities, offers several configuration options under different conditions as well as allows independent and wireless communication between factories.
Market Restraint
High initial cost requires for installation is expected to hinder the global smart factory market growth over the forecast period
Implementation smart factory measures require a high initial investment. Although smart factories are beneficial in the long-term, initial installation is extremely expensive, especially for small and medium-sized enterprises. As a result of this, SMEs are reluctant to adopt smart factories, which in turn, is expected to hinder the global smart factory market growth over the forecast period.
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Market Trends
Europe Trends
Increasing investments in smart manufacturing is a major trend in the region
In Europe, governments are taking proactive initiatives to support development of new innovative production technologies, in order to sustain a highly competitive global market. For instance, The European Commission is investing around US$ 2 Bn on “Factories of The Future 2020” initiative, along with The European Factories of the Future Research Association (EFFRA) in the form of a public-private partnership to develop the blueprint for the smart manufacturing sector in the European Union.
Asia Pacific Trends
Asia Pacific market share is expected to increase
Increasing investments by key players in the region are expected to expand the Asia Pacific smart factory market share in the near future. The revenue contribution is expected to remain the highest during the forecast period. According to Coherent Market Insights’ analysis, by 2015 end, APAC dominated the global smart factory market with a 38.5% market share and US$ 23.7 Bn in terms of market value.
Middle East & Africa (MEA) Trends
Expanding market share
Currently, MEA commands a small share in the global smart factory market. However, according to Coherent Market Insights’ analysis, by 2025, the market share is expected to increase gradually. Many global players consider this region to be an emerging market with high growth potential. According to CMI, in terms of revenue, smart factory market in MEA is expected to gain 110 BPS over the forecast period.
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Competitive Section
Key players operating in the global smart factory market are Oracle Corporation, ABB Group, Atos SE, Rockwell Automation, Inc., Accenture PLC, General Electric Co., PTC Inc., Siemens AG, SAP SE, and IBM Corporation.
Key Developments
Major companies in the market are involved in mergers and acquisitions, in order to enhance the market presence. For instance, in April 2019, Accenture PLC acquired Zieplus, a Germany-based technology consultant, to expand capabilities of Accenture Industry X.0, which produces smart products and services for automotive companies.
Key companies in the market are focused on business expansion, in order to gain a competitive edge in the market. For instance, in December 2018, General Electric Co. announced to establish a new, independent, company focused on building comprehensive Industrial Internet of Things (IIoT) software portfolio with an investment of US$ 1.2 billion.
Key players in the market are focused on product launches, in order to expand product portfolio. For instance, in May 2018, Siemens AG launched four MindSphere application centers across India to expand its Industry 4.0 offerings.
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Market Taxonomy:
By Component
Hardware
Software
Services
By Market Structure
To Connect
Wired and Wireless Networking
Wide Area Networking (WAN)
Local Area Networking (LAN)
Machine-to-Machine Network
To Collect
Sensors
Digital Measurement Devices
Auto Identification Hardware
To Analyse
Data Historian
Reporting
Complex Event Processing
Predictive Algorithm
To Control
Actuators
Programmable Logic Controllers
Smart Robotics
Additive Manufacturing Equipment
By Manufacturing Vertical
Automotive & Transportation
Food & Beverage
Electrical and Electronics
Aerospace & Defense
Oil & Gas
Garment & Textile
Chemical & Material
Others ( Healthcare & Pharmaceutical)
By Region
North America
Latin America
APAC
Europe
MEA
Read More @ https://www.coherentmarketinsights.com/market-insight/smart-factory-market-3688
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What we provide:
ž Customized Market Research Services
ž Industry Analysis Services
ž Business Consulting Services
ž Market Intelligence Services
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Phone: +1-206-701-6702
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research--blog · 2 years ago
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Industrial Automation Software Market Worth $59.5 Billion by 2029
According to a new market research report titled, “Industrial Automation Software Market by Product (SCADA, DCS, MES, HMI, PLC, IT and Software Environment Integration Solutions, Production Process Test Systems), Deployment Type, End User, and Geography - Global Forecast to 2029”, the industrial automation software market is expected to register a CAGR of 7.4% from 2022 to 2029 to reach $59.5 billion by 2029.
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An increase in demand for automation for qualitative & reliable manufacturing, the growing need for mass production with reduced operation costs, and the emergence of Industry 4.0 & enabling technologies are the key factors driving the growth of the global industrial automation software market. The emerging automation-driven industries in developing countries provide significant growth opportunities for players operating in this market.
The Impact of COVID-19 on the Global Industrial Automation Software Market
The outbreak of the COVID-19 pandemic has led to a widespread economic downturn as several countries imposed strict lockdowns to contain the infection. These lockdowns have affected diverse industries, primarily due to the impact on manufacturing operations. There has been a significant impact on supply chains globally. Manufacturing & processing companies faced huge losses in the first and second quarters of 2020 due to disrupted supply chains and delayed production schedules. The rapid spread of the coronavirus in the U.S., Europe, and Asian countries resulted in nationwide lockdowns and a temporary halting of production facilities to prevent further spread.
The COVID-19 pandemic led to the downsizing of various businesses and negatively impacted the growth of the industrial automation software market. Various small- and medium-sized enterprises cannot afford the large investment needed for deploying automation for processes.
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Based on product, the global industrial automation software market is segmented into supervisory control and data acquisition (SCADA), distributed control system (DCS), manufacturing execution system (MES), human machine interface (HMI), programmable logic controller (PLC), IT & software environment integration solutions, production process test systems, automated material handling systems, coordinated data management systems, and automatic storage & retrieval systems. In 2022, the supervisory control and data acquisition (SCADA) segment is expected to account for the largest share of the industrial automation software market. SCADA controls and monitors automation processes that are important for data analysis and takes decisions for optimization. In addition, the rising demand for industrial automation solutions among organizations is expected to boost the growth of the segment. However, the human machine interface (HMI) segment is expected to grow at the highest CAGR during the forecast period.
Based on deployment type, the global industrial automation software market is segmented into on-premise and cloud-based. In 2022, the on-premise segment is expected to account for the largest share of the industrial automation software market. Industries run on-premise servers to gain full control over security. However, the cloud-based segment is expected to grow at the highest CAGR during the forecast period.
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Based on end user, the global industrial automation software market is segmented into oil & gas, chemicals & materials, paper & pulp, pharmaceuticals & biotech, mining & metals, food & beverage, power, consumer goods, automotive, machines & tools, semiconductors & electronics, aerospace & defense, and other end users. In 2022, the oil & gas segment is expected to account for the largest share of the industrial automation software market. Some of the major areas highly influenced by automation in the oil & gas sector include drilling operations, diagnostics & inspections, pipeline monitoring systems, weather monitoring systems, and pressure & flow systems. Drilling is one of the major areas that require automation due to its high costs and safety risks.
However, the chemicals & materials segment is expected to grow at the highest CAGR during the forecast period due to the increasing implementation of IoT and process automation solutions. The chemical industry is witnessing intense global competition and low product differentiation, making cost control necessary. In such an environment, automation solutions offer dual benefits of innovation in the areas that matter to consumers and improved cost efficiency throughout optimized production. The chemicals & materials industry also needs to control raw material & energy costs, which can be achieved using IIoT and automation technologies, which is further expected to create opportunities for the market’s growth.
Based on geography, the global industrial automation software market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is expected to hold the largest share of the industrial automation market, followed by Europe and North America. Government initiatives and policies supporting the digitization of manufacturing plants and investments in the IIoT are major factors boosting the adoption of industrial automation software in the region.
Some of the key players operating in the global industrial automation software market are Emerson Electric Co. (U.S.), ABB Ltd (Sweden), Siemens AG (Germany), General Electric Company (U.S.), Schneider Electric SE (France), Honeywell International Inc. (U.S.), Rockwell Automation Inc. (U.S.), HCL Technologies Ltd.(India), Parsec Automation Corporation (U.S.), SAP SE (Germany), Tata Consultancy Services Limited (India), Hitachi, Ltd. (Japan), OMRON Corporation (Japan), Aegis Industrial Software Corporation (U.S.) and IBM Corporation (U.S.).
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/industrial-automation-software-market-5279
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sdmr123 · 5 years ago
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GMD predicts the global aggregated revenue of small PLC systems will reach $98.37 billion during 2018-2025 owing to a growing adoption and upgrade of nano and micro PLC systems & controls in various industry verticals. Highlighted with 61 tables and 74 figures, this 171-page report “Global Small Programmable Logic Controllers (PLC) Market by Architecture, Product (Nano and Micro), Industry Vertical and Region 2014-2025: Growth Opportunity and Business Strategy” is based on a comprehensive research of worldwide small-size PLC solutions market by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2014-2016, revenue estimates for 2017, and forecasts from 2018 till 2025. In-depth qualitative analyses include identification and investigation of the following aspects:
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To get a detailed report:https://www.supplydemandmarketresearch.com/global-small-programmable-logic-controllers-plc-market-572916
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Global Small Programmable Logic Controllers (PLC) Market Research Report: Ken Research
Global Small Programmable Logic Controllers (PLC) Market Research Report: Ken Research
A Programmable Logic Controller (PLC) is a form of ruggedized computer used in industries for automation. They are programmed to automate specific processes, machine functions and sometimes the entire production line. PLCs receive information and data from connected input devices and process these data and trigger output upon their programmed instructions. Based on incoming inputs and outputs,…
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nicolasmatamoros6675 · 5 years ago
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Industrial Automation Market 2027 Industry Trend and Demands Research Report By Industry Expert
Global Industrial Automation Market: Overview
The global industrial automation market exhibits a highly cutthroat competition mainly due to the presence of innumerable players, observes Transparency Market Research based on a newly published report. The fragmented nature of this market’s vendor landscape depicts most players integrating their products with advanced technologies. With an increasing demand for industrial-grade products occurring in almost every sector, a high requirement for automation that can help mass produce commodities is being felt all over the globe. This has caused a spike in the number of players entering the industrial automation market, which is certainly expected to increase the competitive intensity during the upcoming years.
Developing products that deliver functional transformation and commercial excellence is expected to be a key strategy adopted by most players working in the global industrial automation market to stay ahead in the competition. Key players working in this market are: Toshiba Machine Corporation Ltd., Rockwell Automation, Inc., FANUC Corporation, Yaskawa Electric Corporation, Yokogawa Electric Corporation, Emerson Electric Company, BB Ltd., Honeywell International Inc Mitsubishi Electric Corporation, Voith GmbH, and General Electric Company, among several others.
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According to experts from Transparency Market Research, the global industrial automation market had gained revenue worth US$227.29 bn in 2018, which is further expected to grow up to US$438.08 bn by the end of 2027. This growth is projected to occur at a handsome CAGR of 7.56% during the forecast period from 2019 to 2027.
Demand for Fast Production Capacity Creates Need for Rampant Industrial Automation
A rapidly increasing demand for fast production capacities is primarily driving the global industrial automation market. Such a high demand mainly exists in terms of automotive assemblies, telecom networks, aircrafts, heat treating boilers and ovens, chemical plant machinery, steering and ship stabilization, and other machinery systems. Moreover, several companies are pouring large sums of money to facilitate research and developmental processes regarding industrial automation. This too has been responsible for propelling growth in the global industrial automation market.
Various industrial segments are adopting automation systems to reduce labor burden, consequently making the market grow at a respectable pace. Automation also brings into picture the implementation of various innovative solutions, compared to manual processes. All these factors are certainly expected to fuel the global industrial automation market, and make it thrive spectacularly and better than current times during the forthcoming years.
Lack of Awareness Regarding Automation Benefits Stunts Growth
However, steep costs required to set up systems for machinery production, as well as expensive research and development activities undertaken for the same is greatly hampering the global industrial automation market’s growth. High installation and maintenance expenses are discouraging small-scale plants and industries to avoid automation completely. Moreover, lack of awareness regarding benefits of automation in several regions too is posing as an obstacle to the market in several developing and emerging economies. Nevertheless, several end user segments such as pharmaceuticals, water management, chemicals, electronics, and food and beverages, are witnessing a rampant need for automation. This is certainly expected to soon reduce the effects of restraints affecting the global industrial automation market.
The information shared in this review is based on a TMR report, bearing the title, “Industrial Automation Market (Automation Type - Distributed Control System (DCS), Programmable Logic Control Systems (PLC), Machine Vision Systems, Manufacturing Execution Systems (MES), Human Machine Interface (HMI), Supervisory Control and Data Acquisition (SCADA), Product Lifecycle Management (PLM), Plant Asset Management, Computer Numerical Control (CNC) Routers, and Electronic Control Units (ECU); Industry - Automotive and Transportation, Metals and Mining, Energy and Power System, Chemical, Material, and Food, Measurement and Instrumentation, Environment and Building Technologies, Heavy Industries, Oil and Gas, Pulp and Paper, and Hydro Power) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027”.
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Key Takeaways
A rapidly increasing demand for fast production capacities is primarily driving the global industrial automation market.
Developing products that deliver functional transformation and commercial excellence is expected to be a key strategy adopted by most players working in the global industrial automation market to stay ahead in the competition.
The Global Industrial Automation Market is segmented based into:
By Automation Type
Distributed Control System (DCS)
Programmable Logic Control System (PLC)
Machine Vision System
Manufacturing Execution System (MES)
Human Machine Interface (HMI)
Supervisory Control and Data Acquisition (SCADA)
Product Lifecycle Management (PLM)
Plant Asset Management
Computer Numerical Control (CNC) routers
Electronic Control Units (ECU)
Others
By Industry
Automation and Transportation
Metals and Mining
Oil and Gas
Pulp and Paper
Hydro power
Energy and Power System
Chemical, Material and Food
Measurement and Instrumentation
By Region
North America
U.S.
Canada
Rest of North America
Europe
The U.K.
Italy
France
Germany
Rest Of Europe
Asia Pacific
China
India
Indonesia
Japan
Rest Of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
Latin America
Brazil
Rest of Latin America
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insightslice · 5 years ago
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Industrial Automation Market - Trends, Opportunity & Forecast, 2030
Owing to the high productivity, flexibility, accuracy and safety offered by automated industrial systems, the global industrial automation market has witnessed prominent growth during past decades. The demand for components of industrial automation systems has increased significantly owing to increasing penetration of industrial automation around the globe. Adoption of advanced technologies for monitoring and controlling the process equipment across the field level, control level, supervising & production level, and information level of industrial automation has contributed a prominent role in improving the operational efficiency, and productivity of manufacturing industries. Key players operating in the global industrial automation market are focusing on integration of advanced information technologies to improve system efficiency, connectivity and efficacy. The emergence and adoption of Industrial Internet of Things is anticipated to contribute significantly towards the growth of industrial automation market in coming years. The global industrial automation market is expected to grow significantly during the forecast period.
Asia Pacific contributed a dominating share to the global industrial automation market in 2019 owing to increasing adoption of industrial automation across small & medium sized industries, expansion of food & beverage, chemical, pharmaceutical industries and presence of leading manufactures across the geography. Leading players operating in the market are focusing on development of advanced control systems, and other industrial automation component to cater the growing demand for sophisticated and affordable devices, which is anticipated to bolster the growth of Asia Pacific industrial automation market during forecast period. Europe contributed a prominent share to the global industrial automation market in 2019 and is anticipated to be the leading technology provider during the forecast period.
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The report titled “Industrial Automation Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global industrial automation market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market. For instance, ABB reported revenues of USD 27,978 million in 2019 and the product segment analysis of the company indicates that Electrification business segment of the company dominated revenue in 2019.
The global industrial automation market is segmented based on component, end use industry, and geography. Based on component, the global industrial automation market is segmented into industrial robots, control valves, sensors, human machine interface (HMI), control systems, and others. The control systems are sub-segmented into programmable logic controller (PLC), distributed control systems (DCS), supervisory control and data acquisition systems (SCADA), and others. Based on end use industry, the global industrial automation market is segmented into aerospace & defense, chemical, pharmaceuticals, food & beverages, energy & utility, oil & gas, automotive, transportation & logistics, metal & mining, and others. Based on geography, the global Industrial Automation market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on Industrial Automation. Further, market share of prominent companies in the global Industrial Automation market would also be estimated. For instance, ABB operates through four business segments namely Electrification, Motion, Industrial Automation, and Robotics & Discrete Automation. The industrial automation products are delivered under Industrial Automation business segment of the company with revenue contribution of US$ 6.273 billion in 2019.
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The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the industrial automation companies. The global industrial automation market study would take into consideration the participants engaged throughout the ecosystem of the market, along with their contribution. Product portfolio would focus on all the products under the industrial automation business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global industrial automation market.
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rishabh3210blog · 5 years ago
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Global Industrial Communication Market Size, Industry Share, Growth & Forecast To 2025
The global industrial communication market is estimated to witness significant growth during the forecast period (2019-2025). The growth in industrial automation has created the need for industrial communication for the purpose of making communication within the industry, which in turn propelling the growth of the industrial communication market. The industrial communication is being used in control systems to pass data between PLCs and personal computers, between different PLCs, or between field devices and programmable logic controllers (PLCs), for operator interface, data processing & storage, or information management. The rising adoption of Industry 4.0 revolution in different countries has provoked the rapid adoption of automation in industries.
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In order to promote the Industrial Revolution 4.0 in the region, the European Union (EU) had decided to support the smart use of information and communications technology along with the integration of micro, small, and medium-sized enterprises (SMEs) into digital value chains during 2008–2014. The EU intends to offer this support under its Horizon 2020, which is the EU funding program for research and innovation in the industries. The growing automation in industries is thus expected to drive the growth of the global industrial communication market. The introduction of industrial communication concepts in the industrial application scenarios has offered a tremendous change to the outlook of industrial automation.
A Full Report of Global Industrial Communication Market is Available at: https://www.omrglobal.com/industry-reports/industrial-communication-market
The rising demand for wireless industrial communication networks is an opportunity for the growth of the global industrial communication market. Wireless technologies including Wireless HART, Bluetooth smart, WLAN, and ZigBee are providing immense growth opportunities for the industrial communication market.
Recent Development in Market
In May 2018, Siemens AG launched Industrial Ethernet switches with special functions for the process industry. These new products suitable for the flexible, reliable, and high-performance networking of process automation devices owing to the presence of firmware functions (Profinet S2 device, H-Sync, and configuration in Run/CiR/H-CiR) in interaction with the Simatic PCS 7 process control system make.
Global Industrial Communication Market Segmentation
By Component
Hardware
Software and Services
By Communication Protocol
Fieldbus
Industrial Ethernet
Wireless
By End-User
Automotive and Transportation
Oil & Gas
Food & Beverage
Water & Wastewater
Others
Global Industrial Communication Market – Segment by Region
North America          
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific    
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
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