DUBLIN, Dec. 22, 2017 /PRNewswire/ --
The "Global Automation Control Market for Material Handling 2017-2021" report has been added to Research and Markets' offering.
The global automation control market for material handling to grow at a CAGR of 5.22% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global automation control market for material handling for 2017-2021. To calculate the market size, the report considers the sales and services of hardware and software solutions. Services include installation and maintenance. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is Low cost of sensors and transmitters. Automation control products are shaping the future of material handling applications with the adoption of sensors and transmitters in material handling equipment. The low cost of sensors and transmitters coupled with the deployment of advanced wireless communication technologies is driving the global automation control market for material handling. Advanced wireless communication technologies such as Bluetooth Low Energy (BLE) and ZigBee have proven to be effective in carrying information over short distances while maintaining low power consumption. ZigBee is particularly effective in remote and harsh environment.
The latest trend gaining momentum in the market is Integration of IoT to reduce operational cost. The global automation control market for material handling is growing with the adoption of IoT. The deployment of IoT in factories helps end-user businesses to utilize automation control solutions in improving productivity and reducing downtime costs. The developments in real-time 3D volumetric model help in performing operations efficiently. The development in automation control with IoT helps to anticipate failures in advance and save money.
For remote applications, wireless sensors are ideal. Thus, it is expected that the fall in prices of wireless sensors will spur the growth of automation control for material handling in process industries. In non-critical systems, the implementation of wired sensors is significantly higher. A similar fall in prices of wired sensors is expected to push their adoption for non-critical applications over the forecast period.
- Rockwell Automation
Other prominent vendors
- Accord Technologies
- Analog Devices
- CAN-ENG Furnaces International
- MEL Systems and Services
- Rexroth Bosch
- Schneider Electric
- Yokogawa Electric
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SEGMENTATION BY PRODUCT
- Motion control
PART 07: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Process industry - Market size & forecast
- Discrete industry - Market size & forecast
- Market opportunity by End-user
PART 08: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Integration of IoT to reduce operational cost
- Market growth in emerging economies
- Big data and predictive analytics
PART 12: VENDOR LANDSCAPE
- Competitive scenario
- Other prominent vendors
PART 13: VENDOR ANALYSIS
- Vendor overview
- Rockwell Automation
For more information about this report visit https://www.researchandmarkets.com/research/4zs89j/global_automation?w=5
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