HOME Research Insight Key New Revenue Pockets Mexico Factory Automation and Machine Vision Market



Key New Revenue Pockets Mexico Factory Automation and Machine Vision Market


The human being is continuously advancing the production processes from the inception industrial revolution in 18thcentury, as new technologies are stepping in. The factory automation find their applications in various discrete and process industries including industries like power, textiles, oil & gas, chemicals, food & beverages, pharmaceuticals, automotive & transportation, packaging, wood and others. The machine vision systems find their application in automotive, semiconductor & electronics, rubber & plastics, containers & packing, and medical devices. The manufacturers of the goods will have an additional benefit if they are shifting to the wireless technology in factory automation, as it will offer cost-efficient, feasible and flexible production environment.

The market for factory automation in Mexico is driven by the increasing focus on energy saving and efficiency improvement. The industrial control devices are making it possible for the organizations to smoothen their production activities also make them standardized, enabling cost cuttings and waste reductions. The Internet of things and services is to play crucial role in the factory automation market, as they facilitate improvement in the industry’s engineering, production, logistics and life cycle management as they integrate the factors of production. The organizations are surviving in the cut-throat competitive environment, where they are striving for having competitive edge over others in production process, and this has pushed the market to the incessant advancement. A smart camera-based system is the new improved machine vision technology which offers high accuracy and reliabilities. It contains an imager to capture images, intelligence (processor) to process and analyze images, and input and output capabilities. In other words, in a smart camera, all the components, right from cameras to processor and input-output devices, are embedded into a small box. Smart cameras are generally used for simple tasks and are very easy to operate. As compared to PC systems smart camera have more compact dimensions and lesser components and also are easy to implement and use.

The basic factors such as increasing need of real-time surveillance of the process, virtual monitoring, and the integration of the automation systems with the mobile technology and satellite communication are expected to aid the growth of factory automation and machine vision market during the forecast years. The cloud-based SCADA software solution which is used as a control system in the industry is another technology in the trend. This will enable users to view the real-time processed & historical data which is uploaded to cloud and can be accessed by a devices such as smart-phones, tablets, and computers. Major companies have started adopting cloud based SCADA platforms which is expected to significantly reduce problems related to IT network deployment cost, reliability, and system functionality. Recently, ABB partnered with the Globalogix to provide a cloud-based SCADA infrastructure to their customer in Oil and Gas sector.

Major players operating in this market are generally providing the entire package of factory automation systems, software’s and solutions to their clients and including the provision of hardware, software and services. The players such as ABB LTD (Switzerland), Emerson Process Management LLC (U.S), Rockwell Automation Inc (U.S.), Schneider Electric SA (France) and General Electric (U.S.) are considered as the leaders in the industrial control and factory automation market in Mexico. Players like Teledyne Dalsa Inc (Canada), Cognex Corporation (U.S.), Omron Corporation (Japan), Eastman Kodak (U.S.) are the major contributors in the Mexico machine vision market.

Related Reports:

Mexico Factory Automation and Machine Vision Market by Technology (ICS, MES, ERP, ITS), Field Devices, Products (PC-based, Smart Camera, Embedded), Components (Camera, FGOL), Application (Process, Discrete) - Global Forecast & Analysis to 2013 - 2020
http://www.marketsandmarkets.com/Market-Reports/mexico-factory-automation-machine-vision-market-149652036.html

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