Manufacturers today, seek to transform their operations of global business processes across their value chain by automating, executing and managing their processes. This means, an end-to-end integration of processes across operations is needed- regar ....see more
The industrial automation market is expected to grow from USD 35.3 billion in 2020 to USD 51.4 billion by 2026, at a CAGR of 7.1% during the forecast period. ABB (Switzerland), Emerson Electric Co. (US), FANUC (Japan), General Electric (US), Honeywell International (US), Mitsubishi Electric (Japan), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), and Yokogawa Electric (Japan) are a few major players in Industrial Automation Market in Europe, Middle East & Africa.
The global vacuum valve market is projected to reach USD 1.8 billion by 2026, at a CAGR of 8.5% during the forecast period. VAT Group AG (Switzerland), MKS Instruments (US), CKD Corporation (Japan), V-TEX Corporation (Japan), ULVAC, Inc. (Japan), SMC Corporation (Japan), HVA LLC (US), Kitz SCT Corporation (Japan), Pfeiffer Vacuum (Germany), and Agilent Technologies (US); are some of the key players in the vacuum valve market.
The automated optical inspection system market is projected to reach USD 1,660 million by 2026. It is expected to grow at a CAGR of 20.8% during the forecast period. A few of the key players in the automated optical inspection market are Koh Young (South Korea), Test Research, Inc. (TRI) (Taiwan), Omron (Japan), Camtek (Israel), Viscom (Germany), Saki Corporation (Japan), Nordson (US), KLA (US), Cyberoptics (US), and Goepel Electronics (Germany).
The coordinate measuring machine (CMM) market size is projected to reach USD 4.3 billion by 2026, at a CAGR of 8.8% during the forecast period. The key players in the operating in the Coordinate Measuring Machine (CMM) Market are Major players involved in the CMM market include Zeiss Group (Germany), FARO Technologies (US), Hexagon (Sweden), Nikon Corporation (Japan), Mitutoyo (Japan), Tokyo Seimitsu (Japan), Keyence Corporation (Japan), Creaform (Canada), Perceptron (US), and Wenzel Group (Germany).
The hand tools and woodworking tools market size is expected to reach USD 10.3 billion by 2026, at a CAGR of 4.0% during the forecast period. Stanley Black & Decker (US), Apex Tool Group(US), Snap-On Incorporated(US), Techtronic Industries Co. Ltd (China), Klein Tools (US), Husqvarna (Sweden), Akar Auto Industries Ltd. (India), and Hangzhou Great Star Industrial Co. Ltd. (China) are a few major players operating in hand tools and woodworking tools market.
The waterjet cutting machine market is projected to reach USD 1.5 billion by 2026; it is expected to grow at a CAGR of 6.2% during the forecast period. The waterjet cutting machine players have implemented various types of organic as well as inorganic growth strategies, such as new product launches, and acquisitions to strengthen their offerings in the market. The major players in the waterjet cutting machine market are Omax (US), Flow (US), Koike Aronson (US), Wardjet (US), Dardi (China), Lincoln Electric (US), Techni Waterjet (Australia), KMT (US), Colfax (US), Waterjet Sweden (Sweden), Innovative (India), Hornet Cutting System (US), Jekran (Malta), STM waterjet (Austria), International Waterjet Machines (US), Waterjet Corporation (Italy), Swaterjet (China), Foshan Yongshengda Machinery (China), Resato (Netherlands), Accurl (US), LDSA (France), Kimtech (Sweden), Jet Edge (US), Microstep (Slovakia).
The industry 4.0 market is projected to reach USD 182.01 billion by 2028; it is expected to grow at a CAGR of 28.4% during the forecast period. The key players operating in the industry 4.0 market include ABB (Switzerland), Honeywell International Inc (US), 3D Systems (US), Rockwell Automation (US), Siemens (Germany ), and Emerson Electric Co (US), among others, etc.
The global smart manufacturing platform market is expected to grow from USD 5.8 billion in 2021 to USD 13.2 billion by 2026, at a compound annual growth rate (CAGR) of 18.0% during the forecast period. The key players operating in the Smart Manufacturing Platform Market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), IBM (US), PTC Inc. (US), SAP SE (Germany), Emerson Electric Co. (US), and GENERAL ELECTRIC (US).
The industrial automation oil & gas market is projected to reach USD 18.7 billion by 2025, it is expected to grow at a CAGR of 4.7% during the forecasting period. The key players operating in the industrial automation oil & gas market include ABB Ltd. (Switzerland), Endress+Hauser AG (Switzerland), Emerson Electric Co. (US), General Electric (US), Rockwell Automation, Inc. (US), Schneider Electric SE (France), Siemens AG (Germany), Mitsubishi Electric Corp. (Japan), Honeywell International Inc. (US), and Yokogawa Electric Corp. (Japan).
The Signal Conditioning Modules Market is expected to grow from USD 1.0 billion in 2020 to USD 1.2 billion by 2025, at a CAGR of 3.4% during the forecast period. The key players operating in the signal conditioning modules market include Rockwell Automation, Inc. (US), Siemens (Germany), Phoenix Contact GmbH & Co. KG (Germany), Schneider Electric (France), Pepperl+Fuchs (Germany), Yokogawa Electric Corporation (Japan), TE Connectivity Ltd. (US), Advantech Co., Ltd. (Taiwan), ABB (Switzerland), and AMETEK, Inc. (US).
The global intelligent flow meter market is expected to reach USD 3.1 billion by 2025; growing at a CAGR of 4.4% during the forecasting period. The key players operating in the intelligent flow meter market include ABB (Switzerland), Emerson Electric (US), Siemens (Germany), Endress+Houser (Switzerland), Honeywell International (US), Yokogawa Electric (Japan), Baker Hughes (US), and Azbil (Japan) among others.
The Rapid Liquid Printing Market is expected to grow from USD 48 million in 2023 to USD 284 million by 2027, at a CAGR of 55.6% during the forecast period. Major players involved in the rapid liquid printing market include Steelcase (US), Stratasys (US), 3D Systems (US), Materilise (Belgium), ExOne (US), EOS (Germany), Dassault Systemes (France), Autodesk (US), Native Canada Footwear (Canada), and BMW (Germany).
The explosion proof equipment market is expected to reach USD 9.9 billion by 2025, at a CAGR of 5.9% during the forecasting period. The major players in the Explosion proof equipment market are Siemens (Germany), Honeywell International, Inc. (US), ABB Ltd. (Switzerland), Rockwell Automation, Inc. (US), and Eaton Corporation Plc (Ireland).
The Wireless Gas Detection Market is expected to grow from USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 4.8% during the forecast period. Honeywell International (US), DRÄGERWERK (Germany), Yokogawa Electric corporation (Japan), MSA Safety (US), Agilent Technologies (US), Teledyne Gas and Flame Detection (US), Siemens (Germany), United Electric Control (US), Sensidyne (US), Pem-tech (US), Airtest Technologies (Canada), Crowcon Detection Instruments (UK), Otis Instruments (US), Tek Troniks (UK), Emerson Electric (US), Ambetronics Engineering (India), GDS Corp (US), Bacharach (US), Onebee (India), and Gastronics (US) are a few major companies dominating the wireless gas detection market.
The valve controller market is expected to reach USD 2.2 billion by 2025. growing at a CAGR of 3.7% during the forecast period. Emerson (US), Metso (Finland), CIRCOR (US), ABB (Switzerland), Schneider Electric (France), Flowserve Corporation (US), SMC Corporation (Japan), Azbil (Japan), Baker Hughes (US), Rotork (UK), Siemens (Germany), IMI (UK), CLA-VAL (US), Dymax Corporation (US), Tokyo Keiki (Japan), Curtiss Wright Group (US), and Samson Controls (Germany) are few of the major players in the valve controller market.
The VRF System Market is expected to grow from USD 17.6 billion in 2020 to USD 31.9 billion by 2025, at a CAGR of 12.7% during the forecast period. The major companies involved in the development and supply of VRF systems include Daikin (Japan), Toshiba (Japan), Mitsubishi Electric (Japan), Midea Group (China), and Johnson Controls (US).
The global micromachining market is expected to reach USD 3.3 billion by 2025 from USD 2.4 billion in 2020, at a CAGR of 6.2% during the forecasting period. Major players operating in the global micromachining market are Coherent, Inc. (US), Georg Fischer Ltd. (Switzerland), Makino Milling Machine Co., Ltd. (Japan), Lumentum Holdings Inc. (US), Mitsubishi Heavy Industries, Ltd (Japan), DATRON Dynamics, Inc. (US), Han’s Laser Technology Industry Group Co., Ltd (China), Electro Scientific Industries, Inc. (US), IPG Photonics Corporation (US), and Heraeus Holding GmbH (Germany), among others. Other companies include OMAX CORP. (US), 3D Micromac (Germany), Lasea (Belgium), Posalux SA (Switzerland), SCANLAB GmbH (Germany), Tornos S. A. (Switzerland), Swisstec 3D Akus AG (Switzerland), Kugler GmbH (Germany), and GFH GmbH (Germany), among others.
The global magnetic separator market is expected to grow USD 928 million by 2025, at a CAGR of 5.1% during the forecasting period. Major players in the magnetic separator market include Eriez (US), Metso (Finland), STEINERT (Germany), Nippon Magnetics (Japan), Goudsmit Magnetics (Netherlands), Industrial Magnetics (US), Eclipse Magnetics (UK), Bunting Magnetics (US), Multotec (South Africa), and KW Supply Magneetsystemen (Netherlands).
The Hybrid Valve Market is expected to grow from USD 1.0 billion in 2019 to USD 1.4 billion by 2024, at a CAGR of 6.4% during the forecast period. A few key players operating in the hybrid valves industry are Emerson (US), IMI PLC (UK), Trillium Flow Technologies (US), and Dymet alloys (UK).
The conveyor monitoring market is expected to reach USD 254 million by 2024 from USD 215 million in 2019; it is expected to record a CAGR of 3.5%. The growth of this market propelled by the rising focus of companies on the reduction of revenue loss due to faults in conveyor systems and increasing awareness of predictive maintenance tools and techniques, including conveyor monitoring, to eliminate wastage, reduce maintenance costs and period, increase credibility to the customers. Beltscan Systems Pty Ltd. (Australia), Yellowtec (Australia), Honeywell International Inc. (US), ContiTech Conveyor Belt Group (Germany), Fenner Dunlop (Australia), PHOENIX CBS GMBH (Germany), Emerson Electric Co. (US), Bruel & Kjaer (Denmark), SKF (Sweden), and Parker Hannifin Corporation (US) are a few major players operating in the conveyor monitoring market.
The 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.
The overall wireless network test equipment market is expected to grow from USD 3.2 billion in 2018 to USD 4.7 billion by 2023 at a CAGR of 8.0%. The growth of the market is propelled by the growing mobile data traffic coupled with increasing adoption of smart devices, rising technological advancement toward networking and communication, and increasing interoperability of network technologies. Major players involved in the wireless network test equipment market include Anritsu (Japan), Infovista (Virginia), Keysight Technologies (US), Rohde & Schwarz (Germany), VIAVI (US), Accuver (US), Dingli Corporation (China), Empirix (US), EXFO (US), Spirent Communications (UK), Teoco (US), RADCOM (Israel), Gemalto (Netherlands), NETSCOUT (US), and Bird Technologies (US).
The 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.
According to MarketsandMarkets, the global nanomechanical testing market is expected to grow from USD 279 million in 2018 to USD 345 million by 2023, at a CAGR of 3.65% during the forecast period. The increasing demand for testing various materials to understand its properties on a nanoscale would increase the market for nanomechanical testing services for several applications, such as life sciences, industrial manufacturing, and material development. Bruker Corporation (US), Micro Materials Limited (UK), Alemnis GmbH (Switzerland), MTS Systems Corporation (US), Quad Group, Inc. (US), Illinois Tool Works Inc. (US), Nanoscience Instruments (US), Biomomentum Inc. (Canada), Micro Materials Limited (UK), Nanomechanics Inc. (US), and Testometric Co., Ltd. (UK) are the major players in the nanomechanical testing market.
The pick to light market was valued at USD 304.1 Million in 2016 and is expected to reach USD 538.2 Million by 2023, at a CAGR of 8.84% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the pick to light market based on method, power source, operation, industry, and region. The report provides detailed information regarding the major factors influencing the growth of the pick to light market. The report also gives a detailed overview of the value chain in the ecosystem of pick to light and analyzes the market trends based on the competitive leadership analysis. The pick to light market is dominated by various players according to their core competencies. Key players in this market are Daifuku (Japan), Murata Machinery (Japan), SSI Schaefer (Germany), Dematic (US), and Honeywell Intelligrated (US).
The flue gas analyzer market is estimated to be worth USD 576.2 Million in 2017 and is expected to reach USD 814.2 Million by 2023, at a CAGR of 5.93% between 2017 and 2023. The growth of this market is propelled by the rise in the demand for environmental protection, stringent environmental and legal regulations, and increase in health and safety concerns. ABB (Switzerland), SICK (Germany), Teledyne Analytical Instruments (US), Emerson (US), AMETEK (US), HORIBA (Japan), California Analytical Instruments (US), Environnement (France), Testo (Germany), Nova Analytical Systems (US), Dragerwerk (Germany), Thermo Fisher Scientific (US), and Siemens (Germany) are some major companies in this market
The substation monitoring system market is expected to grow from USD 3.32 Billion in 2017 to USD 5.21 Billion by 2023, at a CAGR of 7.8% between 2017 and 2023. The growth of this market is fueled by the growing demand for reduction in transmission and distribution losses, aging infrastructure, increasing investments (contracts) from the government, and improving IoT-based communication network. The major players operating in the substation monitoring system market are ABB (Switzerland), Honeywell (US), Siemens (Germany), Schneider Electric (France), Emerson Electric (US), General Electric (US), Eaton (Ireland), Schweitzer Engineering Laboratories (US), NovaTech (UK), and Crompton Greaves (India).
The Total Organic Carbon (TOC) analyzer market was valued at USD 828.1 Million in 2016 and is expected to reach USD 1,286.4 Million, at a CAGR of 6.3% during the forecast period from 2017 to 2023. The major players operating in this market include General Electric Company (US), Shimadzu Corporation (Japan), Mettler-Toledo International Inc. (Canada), Hach Company (US), LAR Process Analysers AG. (Germany), Teledyne Tekemar Company Inc. (US), Xylem, Inc. (US), Endress+Hauser Management AG (Germany), ELTRA GmbH (Germany), Metrohm AG (Switzerland), Elementar Analysensysteme GmbH (Germany), and Skalar Analytical B.V. (Netherlands).
The fluid handling system market is projected to be valued at USD 73.28 Billion by 2023, growing at a CAGR of 4.8% between 2017 and 2023. The growth of this market is propelled by the increasing demand for different types of pumps in the oil and gas industry, high demand for advanced systems in the chemical and wastewater management industries, and increased focus on plant automation. Alfa Laval AB (Sweden), Colfax Corporation (US), Crane Co. (US), Flowserve Corporation (US), and Graco Inc. (US) are among the leading players in the fluid handling system market. Other key players in the fluid handling system market include Bürkert GmbH & Co. KG (Germany), Dover Corporation (US), INDEX Corporation (US), Ingersoll-Rand plc (Ireland), and SPX Flow, Inc. (US).
The global smart pole market is expected to be worth USD 16.65 Billion by 2023 from USD 4.92 Billion in 2016, growing at a CAGR of 19.99% between 2017 and 2023. The major players in the ecosystem of smart pole market are Philips Lighting Holding B.V. (Netherlands), General Electric company (US), Hubbell Incorporated (US), Cree, Inc. (US), Eaton Corporation (Ireland), Acuity Brands (US), Zumtobel Group (Austria), SYSKA LED (India), Neptun Light Inc. (US), Maven Systems Pvt. Ltd. (India), Lumca Inc. (Canada), Sunna Design (France), Mobile Pro Systems (US), Goldspar Australia Pty Ltd. (Australia), and Virtual Extension Ltd. (Israel).
The motor management market for control devices and software is expected to be worth USD 4.03 Billion by 2023, growing at a CAGR of 5.35% between 2017 and 2023. The market is propelled by the rising demand for smart, multifunctional, integrated motor control, and protection devices as well as the need for reducing unplanned industrial downtime. Market players such as General Electric (US), Texas Instruments (US), Siemens AG (Germany), Schneider Electric SE (France), and ABB Ltd. (Switzerland). Analog Devices, Inc., (US), Eaton Corporation Plc (Ireland), Mitsubishi Electric Corporation (Japan), Rockwell Automation (US), and Hitachi, Ltd (Japan) are focusing on product launches, research and development, acquisitions, and collaborations to enhance their product offerings and expand their business.
The terminal management system (TMS) market was valued at USD 725.5 Million in 2016 and is expected to reach USD 1,097.7 Million by 2023, at a CAGR of 5.94% between 2017 and 2023. The increased use of integrated safety and security solutions, which enhance the level of automation at terminals, is a driving factor for this market.
A solar simulator is a device that provides illumination approximating natural sunlight. The simulator is widely used to provide a controllable indoor test facility under laboratory conditions for the testing of solar cells. The solar simulator market is expected to be valued at USD 8.44 billion by 2022, growing at a CAGR of 6.5% between 2017 and 2022. Some of the key factors driving this market growth are the growing demand for photovoltaics (PV) and the increasing demand from renewable energy industries.
The terminal automation market was valued at USD 3.82 Billion in 2016 and is expected to reach USD 5.21 Billion by 2022, at a CAGR of 5.15% between 2017 and 2022. The growing demand for environmentally cleaner fuels has resulted in the increased adoption of natural gas, which acts as a driving factor for the terminal automation market.
Water Quality Monitoring Market was valued at USD 2.95 Billion in 2015 and is expected to reach USD 4.69 Billion by 2025, growing at a CAGR of 4.54% between 2016 and 2025. The major factor driving this market is the development of government policies and initiatives to protect the environment from the adverse effects of pollution. This drives the adoption of pollution monitoring instruments across the globe.
According to MarketsandMarkets’ forecast, the overall machine vision market was valued at USD 8.12 Billion in 2015 and is expected to reach USD 14.43 Billion by 2022, growing at a CAGR of 8.15% between 2016 and 2022. The growth of this market is driven by the increasing need for quality inspection and automation across industry verticals, surge in demand for vision-guided robotic systems in automotive, pharmaceutical, food and packaging, and industrial sectors, and growing demand for application-specific machine vision systems.
The packaging automation solution market was valued at USD 28.39 Billion in 2015 and is expected to reach USD 52.42 Billion by 2022, growing at a CAGR of 8.68% during the forecast period. The increasing adoption of automation solutions across various industries, increasing need for supply chain integration, and reduction in labor costs are the major drivers for the packaging automation solution market.
The integrated drive systems market is expected to grow from USD 23.89 Billion in 2015 to USD 38.27 Billion by 2022, at a CAGR of 6.80% between 2016 and 2022. This report provides the market size and future growth potential of the drive systems market across different segments such as offering, communication protocol, industry, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market.
The rising need for enhanced operational efficiency, intensifying competitive scenario among manufacturers, and growing supplier complexity are the key factors that influence the enterprise manufacturing intelligence market. The enterprise manufacturing intelligence (EMI) market is estimated to be valued at USD 1.53 Billion in 2016 and is expected to register a CAGR of 17.1%, to reach USD 3.95 Billion by 2022.
The increasing automation of industrial processes, demand for compact automation solutions, and widespread adoption of IoT connectivity are the key influencing factors of the micro and nano PLC market. The micro and nano PLC market was valued at USD 5.58 Billion in 2015 and is expected to at a CAGR of 6.9% between 2016 and 2022. The base year considered for study is 2015 and the forecast period is between 2016 and 2022. The objective of the report is to provide a detailed analysis of the micro and nano PLC market based on type, offering, architecture, industry, and geography.
The global automatic power factor controller market is estimated to grow at a CAGR of 4.6% and is expected to be valued at USD 4.78 Billion by 2022. APFCs help in lower the power consumption due to the presence of non-linear loads such as transformers, motors, and other machines in industries. Also, the growing demand for APFCs in the utility and manufacturing industries to improve the reactive power and reduce harmonics in the systems drive the growth of the overall APFC market.
According to the MarketsandMarkets forecast, the global automated truck loading system (ATLS) market is expected to be worth USD 2.88 Billion by 2022, at a CAGR of 7.65% between 2016 and 2022. The major factors driving the market include the growing adoption of ATLS systems in various industries as these automation systems helps in significantly reducing the turnaround times. The major vendors in ATLS market are ATLS Ltd (Spain), Actiw Oy (Finland), Ancra Systems B.V. (Netherlands), Asbreuk Service B.V. (Netherlands), BEUMER Group GmbH & Co. KG (Germany), Cargo Floor B.V. (Netherlands), C&D Skilled Robotics Inc. (U.S.), GEBHARDT Fördertechnik GmbH (Germany), HAVER & BOECKER OHG (Germany), Joloda International Ltd (U.K.), Maschinenfabrik Möllers GmbH (Germany), Secon Components S.L. (Spain), and VDL Systems B.V. (Netherlands). These players adopted various strategies such as new product launches and developments, contracts, acquisitions, partnerships, and business expansions to cater to the needs of the market
The scroll & absorption chillers market is expected to grow from USD 5.61 Billion in 2015 to USD 7.13 Billion by 2022, at a CAGR of 4.1% between 2016 and 2022. This report aims to estimate the size and future growth potential of the scroll & absorption chillers market across different segments such as product, capacity, vertical, and geography. The base year considered for the study is 2015 and the market size is forecast for the period between 2016 and 2022.
The compressor control systems market is expected to grow at a CAGR of 4.7% between 2016 and 2022, from USD 4.60 Billion in 2015 to USD 6.39 Billion by 2022. The compressor control systems market has a high growth potential in various applications; however, those in industries such as oil & gas, refining, and petrochemical has been remarkable, and this is one of the prime drivers, owing to which the market is emerging globally. Some other industries such as power generation, metals & mining, fertilizers, automobile, and cement are also expected to be large application areas for the compressor control systems market in the near future.
The average lifespan of most electronic gadgets has been persistently sinking. Fast obsolescence of electronic gadgets has become one of the major factors leading to the generation of electronic waste. The electronic items which have reached end-of-life for the user are termed as e-waste. These items contain materials that have high value but at the same time, they can lead to environmental risks if they are land filled or incinerated. The e-waste management market was worth USD 1.66 Billion in 2014 and is estimated to grow at a CAGR of 20.6% between 2015 and 2020.
The report reviews important developments in the markets for robotic vision hardware and software. It analyzes the market drivers, challenges and restraints in machine vision and 3D vision-guided robots in industrial automation and its applications.
Robotics is a multi-disciplinary field covering almost all engineering and scientific areas. This report covers existing and emerging applications of robotics in manufacturing, homeland security, entertainment, learning, manufacturing, medical services and computer-assisted surgery. It will analyze the drivers, opportunities and restraints of robotics and provide market data for the applications, technologies and products.
The European (retrofit) smart homes and assisted living market is a niche market with a significant growth potential, driven primarily by the increase in the ageing population (65 years-80 years) in the European Union. UK, Germany, and the Scandinavian countries are expected to dominate the market due to the tendency of the aged to live separately from their children and ready acceptance of the smart homes concept in these countries.