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Industrial Automation Market Research Reports & Consulting
Market Reports
| Title | Published | Price | TOC Available |
|---|---|---|---|
Machine Vision Market by Component (Hardware (Camera, Frame Grabber, Optics, Processor), Software (Deep Learning and Traditional software)), Product (PC Based and Smart Camera Based), Application, End-User Industry - Global Forecasts to 2024The machine vision market is expected to reach USD 14.0 billion by 2024 from an estimated USD 9.9 billion in 2019, at a CAGR of 7.1% from 2019 to 2024. The key players in the market include Cognex Corporation (US), Basler AG (Germany), Omron Corporation (Japan), Keyence Corporation (Japan), National Instruments (US), Sony Corporation (Japan), Teledyne Technologies, Inc. (US), Allied Vision Technologies GmbH (Germany), Texas Instruments, Inc. (US), Intel Corporation (US), Baumer Optronic GmbH (Germany), JAI A/S (Denmark), MVTec Software (Germany), Tordivel AS (Norway), ISRA VISION (Germany), Sick (Germany), FLIR Systems (US), AMETEK (US), Qualitas Technologies (India), SUALAB (South Korea), Cadence Design Systems, Inc. (US), CEVA, Inc. (US), and Inuitive (Israel). These market players have adopted growth strategies such as product launches & developments, mergers & acquisitions, contracts, partnerships, and agreements to develop and introduce new technologies and products in the machine vision market. |
May 2019 | $ 5650 |
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Field Device Management Market by Offering (Hardware and Software), Deployment (Cloud and On-premises), Industry (Oil & Gas, Energy & Power, Chemicals, Pharmaceuticals, Automotive, Manufacturing), Protocol and Geography - Global Forecast to 2024The field device management market is projected to grow from USD 1.3 billion in 2019 to USD 1.8 billion by 2024; it is expected to grow at a compound annual growth rate (CAGR) of 6.7%. Siemens AG (Siemens, Germany); Emerson Electric Co. (Emerson, US); ABB Group (ABB, Switzerland); Schneider Electric (Schneider Electric, France); Honeywell International Inc. (Honeywell, US); Rockwell Automation, Inc. (Rockwell, US); Yokogawa Electric Corporation (Yokogawa, Japan); OMRON Corporation (OMRON, Japan); Mitsubishi Electric Corporation (Mitsubishi Electric, Japan); Fanuc Corporation (Fanuc, Japan); Metso Corporation (Metso, Finland); Valmet Oyj (Valmet, Finland); Hamilton Company (Hamilton, US); Phoenix Contact GmbH & Co. KG (Phoenix Contact, Germany); Endress+Hauser AG (Endress+Hauser, Switzerland); Festo AG (Festo, Germany); Omega Engineering (Omega, UK); Hach (Hach, US); Azbil Corporation (Azbil Corporation, Japan); and Weidmüller (Weidmüller, Germany) are among a few major players in the field device management market. |
May 2019 | $ 5650 |
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SCADA Market by Component (Programmable Logic Controller, Remote Terminal Unit, Human-Machine Interface, Communication Systems), Architecture (Hardware, Software, Services), Industry, and Geography - Global Forecast to 2024The SCADA market is expected to grow from USD 11.0 billion in 2019 to USD 15.2 billion by 2024; it is expected to grow at a CAGR of 6.7% during 2019–2024. The growth of SCADA market is propelled by factors such as high demand for industrial mobility solutions to efficiently manage process industries, increased adoption of Industry 4.0 in process industries, and increased use of software platforms such as IoT and edge computing.include Schneider Electric (France), ABB (Switzerland), Siemens (Germany), Emerson Electric (US), Rockwell Automation (US), while other major players in this market include General Electric (US), Honeywell International (US), Yokogawa Electric (Japan), and OMRON (Japan). |
April 2019 | $ 5650 |
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Automated Storage and Retrieval System (ASRS) Market by Type (Unit Load, Mini Load, VLM, Carousel, Mid Load, Autostore), Function (Assembly, Kitting, Order Picking, Distribution, Storage), Industry, and Geography - Global Forecast to 2024The overall automated storage and retrieval system market is expected to grow from USD 7.6 billion in 2019 to USD 11.0 billion by 2024, at a CAGR of 7.7%. The market growth is propelled by the increasing demand for ASRS in the automotive industry; optimum utilization of space and rise in labor costs; and improved accuracy, productivity, and efficiency in supply chain, along with better inventory control. |
April 2019 | $ 5650 |
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Mass Flow Controller Market by Material, Media, Connectivity Technology, Flow Measurement (Low, Medium, High), Application, End-Use Industry (Semiconductors, Chemicals, Oil & Gas, Pharmaceuticals), and Geography - Global Forecast to 2024The mass flow controller market is expected to grow from USD 1.1 billion in 2019 to USD 1.5 billion by 2024, at a CAGR of 6.21%. Growing demand for mass flow controllers in semiconductors industry and surging demand for intelligent flow meters in chemicals and water & wastewater industries are the critical factors driving the growth of the mass flow controller market. Bronkhorst High-Tech (Netherlands), Brooks Instrument (US), Burkert Fluid Control Systems (Germany), MKS Instruments (US), Sierra Instruments (US), Horiba (Japan), Sensirion (Switzerland), Alicat Scientific (US), and Teledyne Hastings Instruments (US) are among a few major players in the mass flow controller market. |
April 2019 | $ 5650 |
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Safety Valves Market by Size (Up to 1 inch, 1–6 inch, 6 – 25 inch, 25 – 50-inch, 50 inch, and Above), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Industry (Oil & Gas, Energy & Power, Water & Wastewater), and Region - Global Forecast to 2024The safety valve market is expected to be valued at USD 4.5 billion in 2019 and is likely to reach USD 5.5 billion by 2024, at a CAGR of 4.30% during the forecast period. Importance of safety valves in industrial processes, increased need from oil & gas, growth in nuclear energy generation are among the key driving factors for the safety valve market. Constant need for safety valve replacement, use of 3D printers in manufacturing lines are among the other factors fueling the growth of the safety valve market. However, the high cost of fabrication can hinder the growth of the safety valve market. A few key players operating in the safety valve market are Emerson (US), Alfa Laval (Sweden), Cameron Schlumberger (US), LESER (Germany), and IMI PLC (UK). |
April 2019 | $ 5650 |
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Machine Control System Market by Type (Total Stations, Global Navigation Satellite Systems, Laser Scanners, Sensors), Equipment (Excavators, Loaders, Graders, Dozers, Scrapers, Paving Systems), Vertical, and Region - Global Forecast to 2024The machine control system market is projected to grow from USD 4.5 billion in 2019 to USD 6.6 billion by 2024; it is expected to grow at a CAGR of 8.16% during the forecast period. Major factors driving the market growth are elimination of need for bulk earthworks set out and survey pegging using machine control systems, need for faster work and more efficiency during tighter timelines, and safety concerns related to workers and heavy construction machinery. Further, underlying opportunities for the machine control system market include growing demand for machine guided technologies in developing countries in APAC. Topcon (Japan), Trimble (US), Hexagon (Sweden), MOBA Mobile Automation (Germany), Hemisphere GNSS (US) and Eos Positioning Systems (US) are a few major players in the machine control system market. |
April 2019 | $ 5650 |
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Smart Factory Market by Technology (DCS, PLC, MES, ERP, SCADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), Industry, and Geography - Global Forecast to 2024The smart factory market is expected to be valued at USD 153.7 billion in 2019, growing at a CAGR of 9.76% during 2019–2024. The growth of this market is propelled by the evolution of the Internet of Things (IoT), increasing use of enabling technologies in manufacturing, rising adoption of industrial robots in manufacturing sector driven by collaborative robots, and connected enterprise, along with mass production to cater to rising population. Key players involved in the smart factory market are ABB (Switzerland), Emerson Electric (US), FANUC (Japan) General Electric (US), Honeywell International (US), Mitsubishi Electric (Japan), Robert Bosch (Germany), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), and Yokogawa Electric (Japan). |
March 2019 | $ 5650 |
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Motor Monitoring Market by Offering (Hardware, Software), Monitoring Process (Online, Portable), Deployment, Industry (Oil & Gas, Power Generation, Metals & Mining, Water & Wastewater, Automotive), and Region - Global Forecast to 2023The motor monitoring market is expected to grow from USD 1.6 billion in 2018 to USD 2.3 billion by 2023, at a CAGR of 7.4% during the forecast period. The increasing popularity of wireless technologies in the industrial sector is a major factor driving the growth of the motor monitoring market. Key players in the motor monitoring ecosystem are Banner Engineering (US), ABB (Switzerland), National Instruments (US), SKF (Sweden), Siemens (Germany), Honeywell (US), General Electric (US), Emerson Electric (US), Rockwell Automation (US), Qualitrol (US), Schneider Electric (France), Mitsubishi Electric (Japan), Advantech (Taiwan), Eaton (Ireland), WEG (Brazil), Dynapar (US), KCF Technologies (US), Phoenix Contact (Germany), T.F. Hudgins (US), and Koncar (Croatia). |
February 2019 | $ 5650 |
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Ball Valves Market by Size (Up to 1”, 1”–6”, 6” to 25”, 25” to 50”, 50” and Above), Type (Trunnion Mounted, Floating, Rising Stem), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Industry, and Geography - Global Forecast to 2024The ball valves market is expected to be valued at USD 12.6 billion in 2019 and is likely to reach USD 15.2 billion by 2024, at a CAGR of 3.75% during the forecast period. Need for ball valve replacement, growth in energy consumption, increasing industrialization, urbanization, and smart city initiatives across the globe are the key factors driving the ball valves market. Moreover, the integration of IIoT-enabled ball valves to avoid unexpected downtime, use of 3D printers in manufacturing lines, increase in the number of refineries, and petrochemicals and chemicals plants worldwide are expected to considerably boost the growth of the said market in the coming years. A few key players operating in the ball valves market are Emerson (US), Flowserve corporation (US), Cameron Schlumberger (US), Metso (Finland), and IMI PLC (UK). |
February 2019 | $ 5650 |
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Industrial Safety Market by Product Type (ESD, HIPPS, TMC, BMS, and F&GM), Component (Safety Sensors, Safety Switches, Programmable Safety Systems, Safety Valves, Emergency Stop Devices), Industry, and Region - Global Forecast to 2024The industrial safety market is expected to grow from USD 3.3 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 8.6% during the forecast period. The market’s growth is propelled by the mandates for safety regulations, rising demand for safety systems in the oil & gas industry, rising need for reliable safety systems for personnel and asset protection, industrial revolution 4.0, and growing automation in hazardous industrial areas. Major players in the industrial safety market include Emerson (US), Honeywell (US), Rockwell (US), ABB (Switzerland), Schneider (France), Yokogawa (Japan), General Electric (US), Hima Paul (US), Omron (Japan), Siemens (Germany), Proserv Ingenious Simplicity(UK), Johnson Controls (Tyco) (Ireland), Balluff (US), Euchner (Germany), and Fortress Interlocks (UK). |
February 2019 | $ 5650 |
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Linear Motion Market by Component (Linear Guide, Actuators, Ball Screws, Linear Motors), Industry (Medical & Pharmaceuticals, Semiconductors & Electronics, Aerospace, Food & Beverages, Machining Tools, Automotive), Geography - Global Forecast to 2024The overall linear motion market is expected to reach USD 4.4 billion by 2024 from USD 3.2 billion in 2018, at a CAGR of 5.3%. Increasing need for quality inspection and automation, reduced time-to-market, and growing demand for miniaturization of electronic devices in the semiconductor industry are a few major driving factors propelling the market growth. The report profiles the most promising players in the linear motion market. The competitive landscape of the market presents an interesting picture of strategies adopted by a large number of players. THK Co., Ltd. (Japan), NSK Ltd. (Japan), HIWIN Technologies Corp. (Taiwan), Nippon Thompson Co., Ltd. (IKO) (Japan), Robert Bosch GmbH (Germany), Schaeffler Technologies AG & Co. KG (Germany), Rockwell Automation Inc. (US), Timken Company (US), Fortive (US), HepcoMotion (UK), and SCHNEEBERGER Group (Switzerland) are few dominant players in the linear motion market. |
January 2019 | $ 5650 |
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Smart Pneumatics Market by Component (Hardware, Software, and Services), Type (Valves, Actuators, and Modules), Industries (Automotive, Semiconductor, Food & Beverage, Water & Wastewater, Oil & Gas), and Geography - Global Forecast to 2023The overall smart pneumatics market is estimated to grow from USD 3.3 billion in 2018 to USD 4.6 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growth of this market will be propelled by growing awareness about predictive maintenance, penetration of digitization and IIoT, and need for wireless infrastructure to maintain/monitor equipment in plants. Emerson Electric Co. (US), Festo AG & Co. KG (Germany), Parker Hannifin Corporation (US), Bimba Manufacturing Co. (US), Rotork plc (UK), Metso Corporation (Finland), and Thomson Industries, Inc. (US). are the major players operating in this market. |
January 2019 | $ 5650 |
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Model Based Enterprise Market by Offering (Solutions, Services), Deployment Type (On-Premise, Cloud), Industry (Aerospace & Defense, Automotive, Construction, Retail, Power & Energy, Food & Beverages) and Geography - Global Forecast to 2023The overall model based enterprise market is expected to reach USD 21.3 billion by 2023 from USD 8.1 billion by 2018, at a CAGR of 21.17%. Wide-ranging applications of digital technologies in design and manufacturing, and evolving software capabilities are a few major driving factors propelling market growth. The report profiles the most promising players in the model based enterprise market. The competitive landscape of the market presents an interesting picture of strategies adopted by a large number of players. Siemens AG (Germany), General Electric (GE) (US), PTC, Inc. (US), Dassault Systèmes SE (France), Autodesk, Inc. (US), SAP SE (Germany), HCL Technologies Ltd. (India), Oracle Corporation (US), Aras Corporation (US), and Anark Corporation (US) are the key players in the said market. |
January 2019 | $ 5650 |
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Pressure Control Equipment Market by Component (Valves, Control Heads, Quick Unions, Wellhead Flanges, Christmas Trees, and Adapter Flanges), Type (High and Low), Application (Onshore and Offshore), and Region - Global Forecast to 2023The overall pressure control equipment market is expected to grow from USD 5.7 billion in 2018 to USD 7.4 billion by 2023, at a CAGR of 5.6% during the forecast period. The growth of this market is being fueled by the technological advancement in oil field equipment, increase in global investments in exploration and production (E&P), and rise in unconventional hydrocarbon production in North America. Major players operating in the pressure control equipment market include Schlumberger (US), Weatherford International (Switzerland), National Oilwell Varco (US), Baker Hughes, a GE company (US), The Weir Group (UK), TIS Manufacturing (UK), Lee Specialties (Canada), Hunting (UK), Control Flow (US), Brace Tool (Canada), FHE USA (US), Integrated Equipment (US), The IKM Group (Norway), and GKD Industries (Canada). |
January 2019 | $ 5650 |
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Clean-in-Place Market by System Type (Single-Use and Reuse CIP Systems), Offering (Single-Tank Systems; Two-Tank Systems; Multi-Tank Systems), End-User Industry (Food; Dairy; Pharmaceuticals), and Geography - Global Forecast to 2023The clean-in-place market is expected to grow from USD 7.5 billion in 2018 to USD 15.4 billion by 2023, at a CAGR of 15.49%. The increased use of CIP systems in the pharma industry to meet the hygiene requirements, and high demand for processed and convenience food and dairy products, as well as for beverages are the key factors driving the growth of the clean-in-place market. |
December 2018 | $ 5650 |
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Electrostatic Precipitator Market by Type (Dry Electrostatic Precipitator and Wet Electrostatic Precipitator), Vertical (Power & Electricity, Metals, Cement, Chemicals), Offering, and Geography - Global Forecast 2018 to 2023The overall electrostatic precipitator market is expected to grow from USD 5.8 billion in 2018 to USD 7.0 billion by 2023, at a CAGR of 3.97%. Tightening air pollution control regulations, growth in coal-fired power plants, and growing environmental concerns are the key factors driving the growth of this market. Key players in the market include General Electric (US), Mitsubishi Hitachi Power Systems (Japan), Siemens (Germany), Amec Foster Wheeler (UK), Babcock & Wilcox (US), Thermax Global (India), Ducon Technologies (US), Fujian Longking (China), Hamon Group (Belgium), and Trion (US). These players are increasingly undertaking contracts and expansions to increase their market shares. |
December 2018 | $ 5650 |
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District Heating Market by Heat Source (Coal, Natural Gas, Renewable, Oil & Petroleum Products), Plant Type (Boiler Plant, CHP), Application (Residential, Commercial, Industrial), and Geography - Global Forecast to 2023The district heating market is expected to grow from USD 170.7 billion in 2018 to USD 203.0 billion by 2023, at a compound annual growth rate (CAGR) of 3.5% during the forecast period. Increasing demand for energy-efficient and cost-effective heating systems and growing urbanization and industrialization are the major factors driving the growth of the district heating market. Fortum (Finland), Vattenfall (Sweden), Engie (France), Danfoss (Denmark), NRG Energy (US), Statkraft (Norway), Shinryo Corporation (Japan), LOGSTOR (Denmark), Vital Energi (UK), Kelag (Austria), Goteborg Energi (Sweden), FVB Energy (Canada), Alfa Level (Sweden), Ramboll (Denmark), Savon Voima (Finland), Enwave Energy (Canada), Orsted (Denmark), Helen (Finland), Keppel DHCS (Singapore), and STEAG New Energies (Germany) are among the major players in the district heating market. |
November 2018 | $ 5650 |
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Level Transmitter Market by Technology (Capacitance, Radar, Ultrasonic, Differential Pressure/Hydrostatic, Magnetostrictive, Radiometric), Industry (Oil & Gas, Chemicals, Water & Wastewater, Power, Metals & Mining), and Region - Global Forecast to 2024The level transmitter market is estimated to grow from USD 3.0 billion in 2018 and to USD 3.7 billion by 2024, growing at a CAGR of 3.85% during the forecast period. Level transmitters are very easy to install, highly robust, resistant to turbulence, and require little maintenance. Thus, the need for more accurate and reliable continuous level measurements for inventory management, process efficiency, and safety applications has driven the level transmitter market growth. Food & beverages and pharmaceuticals industries have been witnessing steady growth owing to the increasing purchasing power and rising consumer demand. Thus, the increasing demand for process automation in these industries drives the growth of level transmitter market. In 2017 the level transmitter market was dominated by key players such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA (Germany), Siemens (Germany), and KROHNE (Germany). |
November 2018 | $ 5650 |
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Control Valve Market by Valve Type (Ball, Butterfly, Gate, Globe, Check, Plug), Valve Size, Valve Components (Actuators, Valve Body, Others), Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power), and Geography - Global Forecast to 2024The control valve market is expected to grow from USD 7.48 billion in 2018 to USD 10.62 billion by 2024, at a CAGR of 6.02% from 2018 to 2024. The key factors driving the growth of this market include the increased need for connected networks to monitor/maintain various equipment in plants and commissioning of new nuclear plants, along with the upscaling of existing nuclear plants. Emerson (US), IMI PLC (US), Flowserve (US), and Weir Group (UK) are among a few major players in the control valve market. |
October 2018 | $ 5650 |
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Industrial Vacuum Cleaner Market by Type (Dry and Wet & Dry), Power Source (Electric & Pneumatic), Industry (Food & Beverages, Pharmaceuticals, Manufacturing, Metalworking, and Building & Construction), and Region - Global Forecast to 2023The industrial vacuum cleaner market is expected to grow from USD 536.9 million in 2018 to USD 681.3 million by 2023, at a CAGR of 4.88%. The use of industrial cleaning equipment was started in the early 1900s. Earlier, industrial dirt was removed by traditional cleaning methods. Alfred Kaercher GmbH & Co. KG (Germany), Nilfisk A/S (Denmark), and Tennant Company (US) are among the key players in this market. Other companies covered in this report are Comac SpA (Italy), Nederman Holding AB (Sweden), Suiden Co., Ltd. (Japan), Hako GmbH (Germany), Eureka Forbes Limited (India), EXAIR Corporation (US), Diversey, Inc. (Tasky) (US), Numatic International Ltd. (UK), Delfin Industrial Vacuums (Italy), Ruwac Industriesauger GmbH (Germany), Kraenzle (Germany), Sibilia S.r.l. (Italy), American Vacuum Company (US), Debus GmbH (Germany), RGS Vacuum System (Italy), Depureco Industrial Vacuums (Italy), and Ghibli & Wirbel (Italy). |
October 2018 | $ 5650 |
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Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Industry (Oil & Gas, Chemicals, Power, Pharmaceuticals, Food & Beverages), and Geography - Global Forecast to 2024A pressure transmitter is an important part of the field instrument that determines pressure, level, and flow of a fluid across various applications in process industries. The pressure transmitter market is expected to reach USD 3.36 billion by 2024 from USD 2.72 billion in 2018, at a CAGR of 3.59%. The growth of this market can be attributed to the high emphasis on industrial automation and optimum utilization of resources. Major players operating in the pressure transmitter market include Emerson (US), ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider (France), Endress+Hauser (Switzerland), Yokogawa (Japan), Honeywell (US), WIKA (Germany), and Dwyer (US). |
October 2018 | $ 5650 |
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AGV Software Market by Offering (In-built Vehicle Software and Integrated Software), Industry (Automotive, Manufacturing, Food & Beverages, Aerospace, Healthcare, Logistics, Retail), and Geography - Global Forecast to 2023According to MarketsandMarkets, the AGV software market is expected to grow from USD 540.2 million in 2018 to USD 1,046.4 million by 2023, at a CAGR of 14.14% from 2018 to 2023. Major factors driving the growth of the AGV market include the rising demand for automation across different industries, globalization of supply chain networks, and increasing adoption of on-cloud warehouse management system (WMS) solutions. KION Group (Germany), KUKA (Germany), Toyota Industries (Japan), JBT Corporation (US), Oceaneering International (US), Kollmorgen (US), Murata Machinery (Japan), BA Systemes (France), Transbotics (US), and Götting (Germany) are a few major players in the global AGV software market. |
October 2018 | $ 5650 |
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Vibration Level Switch Market by Technology (Vibrating Fork & Vibrating Rod), Application (Liquids & Solids), Industry (Oil & Gas, Chemicals, Food & Beverages, Pharmaceuticals), and Region (North America, Europe, APAC, and RoW) - Global Forecast to 2023The vibration level switch market is estimated to reach USD 605.5 million by 2018 and USD 833.8 million by 2023, growing at a CAGR of 6.6% during that period. Benefits over other point level measurement technologies, growing demand in pharmaceuticals and food & beverages industries, and emphasis on safety of overfill protection systems are the key factors driving the market’s growth. The market has been segmented based on technology, application, industry, and region. The vibration level switch market was dominated by key players such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA Grieshaber (Germany), KROHNE (Germany), and Siemens (Germany). |
October 2018 | $ 5650 |
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Smart Manufacturing Market by Enabling Technology (Condition Monitoring, Artificial Intelligence, IIoT, Digital Twin, Industrial 3D Printing), Information Technology (WMS, MES, PAM, HMI), Industry, and Region - Global Forecast to 2023The smart manufacturing market is expected to be worth USD 170.78 billion by 2018 and USD 299.19 billion by 2023, growing at a CAGR of 11.9% from 2018 to 2023. Factors that drive the growth of the market include Industry 4.0, increasing use of industrial automation in manufacturing, government investments supporting industrial automation, rising emphasis on regulatory compliances, increased complexities in supply chain, and increasing demand for software systems that reduce time and cost. Major players operating in the smart manufacturing market are 3D Systems (US), ABB (Switzerland), Cisco (US), Daifuku (Japan), Emerson (US), General Electric (US), Honeywell (US), IBM (US), Oracle (US), Rockwell (US), SAP (Germany), Schneider (France), Siemens (Germany), and Yokogawa (Japan). |
October 2018 | $ 5650 |
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Automated Material Handling (AMH) Equipment Market by Product (Robots, ASRS, Conveyor and Sortation Systems, Cranes, AGV), System Type (Unit Load, Bulk Load), Software & Services, Function, Industry, and Region - Global Forecast to 2024Automated material handling (AMH) equipment helps manufacturing and warehouse operating companies to efficiently manage their material handling operations with minimum risk to personnel and increased savings. The AMH equipment market is estimated to be valued at USD 33.46 billion by 2018 and is expected to reach USD 53.59 billion by 2024 at a CAGR of 8.2%. The growth of the market is fueled by the growing presence of start-up companies offering robotic solutions for warehouse automation, increasing popularity of AMH equipment among leading industries, significant recovery in global manufacturing, and rising labor cost and safety concerns. Major players involved in the AMH equipment market include Toyota Industries (Japan), Jungheinrich (Germany), KION (Germany), Daifuku (Japan), Hyster-Yale Materials Handling (US), Hanwha (South Korea), John Bean Technologies (US), KUKA (Germany), BEUMER (Germany), Fives (France), KNAPP (Germany), Murata Machinery (Japan), SSI Schaefer (Germany), TGW (Austria), and Viastore (Germany). |
September 2018 | $ 5650 |
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Automatic Tube Cleaning System Market by Type (Ball, and Brush), Industry (Power Generation, Oil & Gas, Commercial Space, Hospitality), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023The automatic tube cleaning system (ATCS) market is estimated to grow from USD 104.6 million in 2018 to USD 130.5 million by 2023, at a CAGR of 4.53% between 2018 and 2023. The problem of fouling and scaling in the tubes of heat exchangers reduces efficiency and causes energy loss, which is resolved by the installation of ATCS. ATCS are, therefore, used for reducing the frequency of costly maintenance shutdowns while optimizing equipment function and increasing energy savings. The growth of this market is propelled by the significance of improvement in operational efficiency of HVAC systems due to automatic tube cleaning system installation. TAPROGGE (Germany), Hydroball (Singapore), Ovivo (US), WesTech (US), BEAUDREY (France), Ball Tech (Israel), Nijhuis (Netherlands), WSA Engineered Systems (US), and Watco (Singapore) are a few major companies in this market. |
September 2018 | $ 5650 |
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Radar Level Transmitter Market by Technology (Contact (Guided Wave Radar), Noncontact (Pulsed & FMCW)), Frequency (C & X, K, and W Band), Application (Liquids, Solids), Industry (Oil & Gas, Chemicals, Food & Beverages), and Region - Global Forecast to 2023The radar level transmitter market is estimated to be worth USD 428.0 million by 2018 reach USD 581.2 million by 2023, growing at a CAGR of 6.3% during the forecast period. Benefits of high accuracy, reliability, and stability offered by radar level transmitters; increasing demand for radar level transmitter in the water & wastewater industry; and growing emphasis on optimum utilization and efficiency of assets are the key factors driving the market’s growth. The market has been segmented based on technology, frequency range, application, industry, and region. The radar level transmitter market was dominated by the key players such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA Grieshaber (Germany), Siemens (Germany), and KROHNE (Germany). |
September 2018 | $ 5650 |
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Industrial Valves Market by Material Type (Cast Iron, Steel, Cryogenic, Alloy Based), Size, Valve Type (Ball, Butterfly, Gate, Globe, Check, Plug), Industry (Oil & Gas, Water & Wastewater, Energy & Power), and Geography - Global Forecast to 2023The industrial valve market is expected to grow from USD 70.53 billion in 2018 to USD 85.19 billion by 2023, at a CAGR of 3.96% between 2018 and 2023. The key factors driving the growth of this market include the increased need for industrial valves from oil and gas production-related facilities in GCC countries, elevated energy demand in APAC, smart city development initiative across the world, high demand for predictive maintenance techniques from manufacturing industries, and stringent environmental and safety regulations to make the energy sector more resilient. Emerson (US), Cameron – Schlumberger (US), IMI PLC (US), Flowserve (US), and Weir Group (UK) are among a few major players in the industrial valve market. |
September 2018 | $ 5650 |
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Hydronic Control Market by Equipment (Actuators, Valves, Flow Controllers, Control Panels, and Others), Installation Type (New, Retrofit), Sector (Residential, Commercial, Industrial), and Region - Global Forecast to 2023The hydronic control market is estimated to grow from USD 32.40 billion in 2018 to USD 37.70 billion by 2023, at a CAGR of 3.1% from 2018 to 2023. The growth of the market is driven by the need for efficient use of energy in buildings, the emergence of the construction market, and the trend of automation in commercial, industrial, and residential sectors in developing countries. Governments across the world adopt various policies related to energy consumption to make energy-efficient buildings. The implementation of various standards requires the use of efficient hydronic controls as these systems sense the surrounding environment and accordingly operates the hydronic system to provide appropriate heating and cooling of water using minimum energy. Therefore, the increasing demand for efficient use of energy in buildings is driving the market for hydronic controls. The hydronic control market has been segmented into equipment, installation type, sector, and region. Major players operating in the hydronic control market include Siemens (Germany), Danfoss (Denmark), Johnson Controls (Ireland), Honeywell (US), Schneider Electric (France), IMI plc (UK), Belimo (Switzerland), Giacomini (Italy), Caleffi (Italy), Flamco (Netherlands), Armstrong (US), Oventrop (Germany), Reflex (Germany), Spirotech (Netherlands), and Xylem (US). |
August 2018 | $ 5650 |
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Waterjet Cutting Machine Market by Product Type (3D, Micro, and Robotic), Application (Glass/Metal Art, Fiberglass Cutting, Foam Product Cutting), Industry (Automotive, Machine Manufacturing, Medical Devices), and Geography - Global Forecast to 2023The waterjet cutting machine market is expected to grow from USD 921.7 million in 2018 to reach USD 1,248.0 million by 2023, at a CAGR of 6.25% between 2018 and 2023. The market is driven by the growth in demand for steel in various industries, especially in automobile, oil & gas, and energy industries. The market growth is also attributed to the high demand from the Asian metal and metal manufacturing industries. The leading players in the waterjet cutting machine market are Colfax Corporation (US), Lincoln Electric Holdings, Inc. (US), Flow International (US), Koike Aronson (US), Omax Corporation (US), KMT Waterjet (US), Hornet Cutting System (US), A Innovative International (India), and Semyx (US). |
August 2018 | $ 5650 |
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Automated Guided Vehicle Market by Type (Unit Load Carrier, Forklift Truck, Tow Vehicle, Pallet Truck, Assembly Line Vehicle), Battery Type (Lead, Nickel, Lithium Ion), Application, Navigation Technology, Industry, & Geography - Global Forecast to 2023According to MarketsandMarkets, the automated guided vehicle (AGV) market is expected to grow from USD 1.86 billion in 2018 to USD 2.74 billion by 2023, at a CAGR of 8.02% between 2018 and 2023. The major factors driving the growth of the AGV market include the rising demand for automation in material handling across industries, emerging e-commerce industry, increasing requirement for workplace safety standards, and growing productivity due to improved supply chain processes. Daifuku (Japan), JBT Corporation (US), KION Group (Germany), KUKA (Germany), Toyota Industrial (Japan), Hyster-Yale Materials Handling (US), Kollmorgen (US), EK Automation (Germany), Seegrid Corporation (US), and SSI Schaefer (Germany) are among a few major players in the AGV market. |
August 2018 | $ 5650 |
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Fire Suppression Market by Product (Fire Suppressors, Fire Detectors and Control Panels, Sprinklers, Nozzles, Caps, and Control Heads), Suppression Reagent, Sector (Residential, Commercial, Industrial), and Region - Global Forecast to 2023The fire suppression market is estimated to be worth USD 22.97 billion in 2018 and is projected to reach USD 29.13 billion by 2023, at a CAGR of 4.87% between 2018 and 2023. Key factors such as technological advancements and innovations in the construction industry; increasing policies, regulations, and government mandates; and increased damage to human life and property due to fire breakouts are driving the fire suppression market growth. The fire suppression market has been segmented on the basis of suppression reagent, product, sector, and geography. Major companies in the fire suppression market are Johnson Controls (Ireland), United Technologies (US), Robert Bosch (Germany), Siemens (Germany), Halma (UK), Hochiki (Japan), Firefly (Sweden), Minimax Viking (Germany), Honeywell (US), and S&S Fire Suppression Systems (US). Key innovators in the market are EMS Security Group (UK), Electro Detectors (UK), Napco Security Technologies (US), Fike (US), and Gentex (US). Other key players are Noha Norway (Norway), Sterling Safety Systems (UK), FireProTec (US), Fire Suppression Limited (UK), and Encore Fire Protection (US). |
July 2018 | $ 5650 |
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Gas Phase Filtration Market by Type (Packed Bed, and Combination), Media (Activated Carbon, Potassium Permanganate, and Blend), Application (Corrosion & Toxic Gas Control and Odor Control), End User, and Geography - Global Forecast to 2023The overall gas phase filtration market is to grow from USD 1.73 billion in 2018 to USD 2.17 billion by 2023, at a CAGR of 4.55%. The growth of this market is driven by the awareness of the impact of poor indoor and outdoor air quality on human health and need for clean air, high emphasis on filtration of corrosive, toxic, and odor-generating gases in industries, and implementation of strict government regulations to protect environment and developments in the gas phase filtration ecosystem through organic and inorganic growth strategies such as agreements, contracts, joint ventures, product launches and developments, acquisitions, and expansions. Major players operating in this market are Camfil (Sweden), American Air Filter (AAF) Company (US), Donaldson Company (US), Freudenberg (Germany), Clarcor (Parker Hannifin Corporation) (USA), Bry-Air (Asia) (India), Purafil (US), Circul-Aire (Canada), Kinberley-Clark (US), and Promark Associates (USA). |
July 2018 | $ 5650 |
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Automatic Lubrication System Market by Lubrication Type (Grease, Oil), System Type (Single-Line, Dual-Line, Multi-Line, Series Progressive, Circulating Oil, Oil & Air), Industry (Steel, Manufacturing, Cement), and Region - Global Forecast to 2023The automatic lubrication system market is expected to grow from USD 769.4 million in 2018 to USD 958.5 million by 2023, at a CAGR of 4.5% between 2018 and 2023. Key factors driving the growth of the automatic lubrication system market include reduction in machine downtime associated with manual lubrication, effective lubrication with automatic lubrication systems, increasing focus on worker safety, and rising labor costs. Major players in the automatic lubrication system market are SKF (Sweden), Graco (US), BAIER + KOEPPEL (Germany), Timken (US), and Bijur Delimon (US). |
June 2018 | $ 5650 |
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Silica Analyzer Market by Type (Equipment and Consumables), Industry (Power Generation (Utility, Captive/IPP), Semiconductor), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023The silica analyzer market is estimated to grow from USD 106.1 million in 2018 to USD 139.6 million by 2023, at a CAGR of 5.66% between 2018 and 2023. Among many potential impurities in the steam cycle, silica plays a vital role because the solubility of silica in steam directly depends on the density and temperature of the steam. Any minor deviation of silica concentration on a power plant can have serious and expensive consequences in relation to performance, reliability, efficiency, and safety. The growth of this market is propelled by the significance of accurate silica measurement in steam/water for optimizing power plant efficiency. Hach (US), ABB (Switzerland), Thermo Fisher Scientific (US), Mettler Toledo (Switzerland), HORIBA (Japan), NIKKISO (Japan), Swan Analytical Instruments (Switzerland), SPX Flow (US), DKK TOA (Japan), Waltron Group (US), Dr.Thiedig (Germany), Electro-Chemical Devices (US), Shanghai Boqu Instrument (China), KNTEC (South Korea), HKY Technology (China), and Omicron Sensing (US) are a few major companies in this market. |
June 2018 | $ 5650 |
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Emission Monitoring Systems Market by System Type (CEMS, PEMS), Offering (Hardware, Software, Services), Industry (Power Plants & Combustion, Oil & Gas, Chemicals, Petrochemicals, Refineries, & Fertilizers), and Region - Global Forecast to 2025Emission monitoring system (EMS) is a combination of hardware and software, which is used to determine the concentration of gases or particulate matter emitting from industrial operations. The emission monitoring systems market is expected to reach USD 4.44 Billion by 2025 from USD 2.39 Billion in 2018, at a CAGR of 9.3% between 2018 and 2025. The growth of the market is propelled by stringent legal and environmental regulations, increased awareness about environmental protection, increasing health and safety issues, and growing use of oil & gas and petrochemicals. Major players involved in the emission monitoring systems market include ABB (Switzerland), AMETEK (US), Emerson (US), General Electric (US), Siemens (Germany), Parker Hannifin (US), Rockwell Automation (US), SICK (Germany), Teledyne Technologies (US), and Thermo Fisher (US). |
May 2018 | $ 5650 |
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Machine Safety Market by Component (Safety Sensors, Safety PLCs, Safety Modules/Controllers/Relays, and E-Stop Devices), Implementation, Application (Assembly, Material Handling, Packaging, Robotics), Industry, and Region - Global Forecast to 2025The machine safety market is expected to be valued at USD 4.37 Billion in 2018 and is likely to reach USD 6.58 Billion by 2025, at a CAGR of 6.0% between 2018 and 2025. Factors that are driving the growth of the market include growing emphasis on industrial safety and proactive safety measures, rising number of accidents in industries, mandatory safety standards and government policies, and increasing demand for presence-sensing safety devices. However, failure to protect workers and machines from secondary hazards, along with additional costs associated with machine safety systems, is hindering the growth of the market. Evolution of Industrial Revolution 4.0 and development of new and improved safety light curtains with digital indicators provide growth opportunities for the machine safety market. The machine safety market has been segmented on the basis of component, implementation, application, industry, and region.The key players operating in the machine safety market include Rockwell (US), Pilz (Germany), Schneider (France), SICK (Germany), Mitsubishi Electric (Japan), ABB (Switzerland), Honeywell (US), Omron (Japan), Keyence (Japan), IDEC (Japan), Banner Engineering (US), Smartscan (US), Pepperl + Fuchs (Germany), Euchner (Germany), Phoenix Contact (Germany), KA Schmersal (Germany), and Datalogic (Italy). These players focus on product launches and developments to expand their businesses. |
May 2018 | $ 5650 |
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Postal Automation System Market by Component (Hardware, Software, and Services), Technology (Culler Facer Canceller, Letter Sorter, Flat Sorter, Parcel Sorter), Application (Government, and Courier, Express & Parcel), and Region - Global Forecast to 2023The postal automation system market is expected to grow from USD 753.3 Million in 2018 to USD 1,022.2 Million by 2023, at a CAGR of 6.30% between 2018 and 2023. Factors that are driving the growth of the market include growth in e-commerce industry, increasing need for automated sorting and delivery processes in the postal industry, and rising labor costs. However, the declining volume of traditional mails, along with high initial investments and maintenance costs, is hindering the growth of the market. Evolution of traditional postal operations into smart, connected, and more efficient automated postal operations through the integration of Industry 4.0 practices provides growth opportunities for vendors in the postal automation system market. The postal automation system market has been segmented on the basis of component, application, technology, and region. The postal automation system market was dominated by key players such as Siemens (Germany), Toshiba (Japan), NEC (Japan), SOLYSTIC (France), Pitney Bowes (US), Vanderlande (Japan), Fives Group (France), Leonardo (Italy), Lockheed Martin (US), and Beumer Group (US). |
May 2018 | $ 5650 |
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Industrial Metrology Market by Offering, Product, Application (Reverse Engineering, Quality & Inspection, Mapping & Modelling), Industry (Aerospace & Defense, Automotive, Precision Manufacturing, Consumer), and Geography - Global Forecast to 2023According to the new market research report on the industrial metrology market, the market is expected to reach USD 12.97 Billion by 2023 from USD 9.62 Billion in 2017, at a CAGR of 6.2% during the forecast period. The growing big data analytics market and increasing demand for inspection services from the precision manufacturing drives the growth of industrial metrology market. Moreover, the increasing focus on quality control in various industries also contributes to the growth of this market. The major players in the industrial metrology market include Hexagon (Sweden), FARO Technologies (US), Nikon Metrology (Belgium), Carl Zeiss Optotechnik (Germany), Jenoptik (Germany), GOM (Germany), and Creaform (Canada). Other prominent players are Renishaw (UK), KLA–Tencor (US), Applied Materials (US), Perceptron (US), GoM (Germany), Automated Precision (US), JLM Advanced Technical Services (US), Precision Products (US), CARMAR ACCURACY (Taiwan), Pollen Metrology (France), and Cairnhill Metrology (Singapore). |
May 2018 | $ 5650 |
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Automated Container Terminal Market by Degree of Automation (Semi-Automated and Fully Automated), Project Type (Brownfield and Greenfield), Offering (Equipment, Software, and Services), and Geography - Global Forecast to 2023The overall automated container terminal market is estimated to grow from USD 9.09 Billion in 2018 to USD 10.89 Billion by 2023, at a CAGR of 3.7% between 2018 and 2023. The growth of this market is being driven by the growing demand for large container ships, increasing labor cost in developed nations, and growing competition among container terminals. Cargotec (Finland) , Konecranes (Finland), ZPMC (China), Liebherr (Switzerland), ABB (Switzerland), Künz (Austria), CyberLogitec (South Korea), IDENTEC SOLUTIONS (Austria), Camco Technologies (Belgium), and ORBCOMM (US) are the major players operating in this market. |
April 2018 | $ 5650 |
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AI in Computer Vision Market by Component (Hardware, Software), Vertical (Automotive, Sports & Entertainment, Consumer, Robotics & Machine Vision, Healthcare, Security & Surveillance, Agriculture), and Region - Global Forecast to 2023The AI in computer vision market will be valued at 3.62 Billion in 2018 and is expected to reach USD 25.32 Billion by 2023, at a CAGR of 47.54% between 2018 and 2023. The increasing demand for computer vision systems in non-traditional and emerging applications is a driving factor for this market. In the near future, established players are expected to benefit from building in-house application-specific AI-enabled computer vision systems. The combination of these design and development efforts with domain expertise would be useful in delivering professional services such as solution design and consulting, deployment, and integration. Major players operating in the AI in computer vision market include NVIDIA (US), Intel (US), Qualcomm (US), Apple (US), Alphabet (US), Microsoft (US), Facebook (US), Wikitude (Austria), Xilinx (California), Basler (Germany), Teledyne Technologies (US), Cognex (US), General Electric (US), and Avigilon (Canada). |
April 2018 | $ 5650 |
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Intelligent Pigging Market by Technology (Magnetic Flux Leakage, Ultrasonic, Caliper), Application (Metal Loss/Corrosion Detection, Geometry Measurement & Bend Detection, Crack & Leak Detection), Pipeline Type (Gas, Liquid) - Global Forecast to 2023The intelligent pigging market is estimated to grow from USD 570.8 Million in 2018 and is expected to reach USD 717.9 Million by 2023, at a CAGR of 4.69% between 2018 and 2023. The growth of this market is propelled by the government mandates and regulations for pipeline inspections, benefits of intelligent pigging solutions, and concern about the safety of pipelines and energy infrastructure. Baker Hughes (US), ROSEN Group (Germany), T.D. Williamson (US), Onstream Pipeline Inspection (Canada), NDT Global (Ireland), Enduro Pipeline Services (US), Intertek Group (UK), Dacon Inspection Services (Thailand), LIN SCAN (UAE), and Applus (Spain) are some major companies in this market. |
March 2018 | $ 5650 |
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Computer Vision Market by Component (Hardware (Camera, Frame Grabber, Optics, Processor) and Software (Deep Learning and Traditional Software)), Product (PC Based and Smart Camera Based), Application, Vertical - Global Forecasts to 2023The overall computer vision market is expected to be valued at USD 11.94 Billion in 2018 and is likely to reach USD 17.38 Billion by 2023, at a CAGR of 7.80% between 2018 and 2023. The major companies operating in the computer vision market include Cognex (US), Basler (Germany), OMRON (Japan), KEYENCE Corporation (Japan), National Instruments (US), Sony (Japan), Teledyne Technologies (US), Texas Instruments (US), Intel (US), Baumer Optronic (Germany), Tordivel (Norway), ISRA VISION (Germany), MVTec Software (Germany), MediaTek (Taiwan), Cadence Design Systems (US), CEVA (US), Synopsys (US), SICK (Germany), and JAI A/S (Denmark). |
March 2018 | $ 5650 |
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Machine Condition Monitoring Market by Monitoring Technique (Vibration Monitoring, Thermography, Oil Analysis, MCA), Deployment (On Premise, Cloud), Monitoring Process (Online, Portable), Offering, Industry, and Region - Global Forecast to 2024The machine condition monitoring market is estimated to grow from USD 2.38 Billion in 2018 to USD 3.50 Billion by 2024, at a CAGR of 6.7% between 2018 and 2024. The growth of the market is driven by the development of a secure cloud computing platform, increased use of wireless communication technology for condition monitoring of equipment, and inclination of end users toward predictive maintenance.Major players operating in the machine condition monitoring market include ALS Limited (Australia), Emerson Electric (US), General Electric (US), Honeywell (US), Meggitt (UK), National Instruments (US), Parker-Hannifin (US), Rockwell Automation (US), Schaeffler (Germany), SKF (Sweden), Azima DLI (US), Bruel & Kjaer (Denmark), and Fluke (US). |
February 2018 | $ 5650 |
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Energy Efficient Motor Market by Efficiency Level (IE1, IE2, IE3, and IE4), Type, Application (HVAC, Fans, Pumps, Compressors, Refrigeration, Material Handling, and Material Processing), Vertical and Geography - Global Forecast to 2023The energy efficient motor market is expected to be valued at USD 41.57 Billion by 2023, growing at a CAGR of 6.5% between 2018 and 2023. The major factors driving the growth of this market include the saving of energy and subsequent cost over traditional motors, increasing support from governments worldwide for the adoption of energy efficient motor, rising need to diminish greenhouse effect, and increasing adoption of energy efficient motors in the industrial sector. Energy efficient motors are used in various application areas in the agriculture vertical; these applications include irrigation, ventilation, grain handling, material handling, aeration, and conditioning. Motors are among the largest energy consuming devices on farms. Motors used in the agriculture sector account for 18% of the on-farm energy consumption worldwide. The report profiles the most promising players in this market. The key players in this market are ABB (Switzerland), Siemens (Germany), WEG (Brazil), GE (US), Schneider Electric (France), Nidec (Japan), Rockwell (US), CG (India), Bosch Rexroth (Germany), Kirloskar Electric (India). |
February 2018 | $ 5650 |
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Industrial Lifting Equipment Market by Forklift (Class (1, 2, 3, and 4&5), Operation, Application), Aerial Work Platform (Type (Boom Lift, Scissor Lift), Application), Crane & Hoist (Type, Operation, Industry), and Region - Global Forecast to 2023The industrial lifting equipment market was valued at USD 61.37 Billion in 2017 and is expected to reach USD 79.73 Billion by 2023, growing at a CAGR of 4.51% during the forecast period. Increasing demand for lifting loads in the shipping industry, growing demand for forklifts in warehouse and logistics segment, and rising demand for cranes and hoists in the mining industry are the key driving factors for the market growth. The industrial lifting equipment market was dominated by the key players such as Liebherr (Switzerland), Toyota Industries (Japan), KION Group (Germany), Terex (US), Columbus McKinnon (US), Linamar (Canada) and Oshkosh (US), KITO (Japan), Cargotec (Finland), Konecranes (Finland), Manitowoc (US), Hyster-Yale Materials Handling (US), Tadano (Japan), Ingersoll Rand (Ireland), Mammoet (Netherlands), ZPMC (China), XCMG (China), and Zoomlion (China). |
February 2018 | $ 5650 |
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Vertical Lift Module (VLM) Market by Delivery Type (Single-Level, Dual-Level), Storage Type (Non-Refrigerated, Refrigerated), Industry (Automotive, Metals & Machinery, Food & Beverages, Chemicals, Healthcare), and Region - Global Forecast to 2023The vertical lift module (VLM) market is expected to grow from USD 1,074.6 Million in 2018 to USD 1,679.6 Million by 2023, at a CAGR of 9.3% between 2018 and 2023. Key drivers for the growth of the VLM market include growing need to optimize warehouse floor space, benefits of deploying VLMs compared to standard shelving systems, rising warehouse rentals, and increasing focus on worker safety and security. The major players in the VLM market are Kardex (Switzerland), Haenel (Germany), System Spa (Italy), Ferretto (Italy), and ICAM S.r.l. (Italy). |
February 2018 | $ 5650 |
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PC-Based Automation Market by Offering (Hardware and Software), Component (IPCs, HMIs, PLCs, SCADA), Sales Channel (Direct Sales and Indirect Sales), Industry (Process and Discrete), and Geography - Global Forecast to 2023The PC-based automation market is expected to be valued at USD 29.92 Billion in 2018 and is likely to reach USD 38.01 Billion by 2023, at a CAGR of 4.9% between 2018 and 2023. The growth of this market can be attributed to the evolution of IIoT and increasing demand for smart automation solutions, growing emphasis on regulatory compliances, and increasing need for efficient monitoring in manufacturing plants. ABB (Switzerland), Advantech (Japan), Beckhoff Automation (Germany), Emerson Electric (US), General Electric (US), Honeywell (US), IDEC (Japan), Kontron S&T (Germany), Mitsubishi Electric (Japan), OMRON (Japan), Robert Bosch (Germany), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), and Yokogawa Electric (Japan) are some of the key players in the PC-based automation market. |
January 2018 | $ 5650 |
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Optical Sorter Market by Type (Camera, Laser, NIR Sorter, and Hyperspectral Camera & Combined Sorters), Platform (Belt, Freefall, Lane, and Hybrid), Application (Food, Recycling, and Mining), and Geography - Global Forecast to 2023The optical sorter market is estimated to be worth at USD 1.63 Billion in 2017 and is expected to reach USD 2.87 Billion by 2023, growing at a CAGR of 9.8% between 2017 and 2023. The growth of this market can be attributed to the growing focus on automation to increase productivity in various industries, increasing need to reduce process and delivery time in the food industry, rising labor costs, and stringent government regulations regarding food safety. Major players in the optical sorter market are TOMRA (Norway), Buhler (Switzerland), Key Technology (US), Binder (Austria), Satake (US), Allgaier Werke (Germany), Cimbria (Denmark), CP Manufacturing (US), GREEFA (Netherlands), NEWTEC (Denmark), National Recovery Technologies (US), Pellenc ST (France), Raytec Vision (Italy), Sesotec (Germany), and STEINERT (Germany). |
January 2018 | $ 5650 |
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