Global Automation Control for Material Handling Market 2018, Development Trends & Key Benefits by Applications

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This report studies the global Automation Control for Material Handling market status and forecast, categorizes the global Automation Control for Material Handling market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

Material handling application uses various equipment for operations, which need automation control and monitoring for effective functioning. Automation control solutions allow end-user industries to exercise better control over material handling. Automation control solutions help to reduce errors, decrease cycle time, and streamline processes. Other key benefits are better control during operation and higher energy efficiency. The global industrial automation and control market considers under its scope, the sales revenue from implementations of PLCs and DCSs, including hardware components such as drives and sensors. In recent years, industrial automation and control have been associated with an increase in the adoption of smart devices, such as sensors, for efficient data collection and conversion of data into information. Adoption of industrial automation and control has been steady in both process and discrete industries, globally, over the last five years. The industrial automation and control market is expected to show increased growth momentum in developing economies such as India, China, Mexico, and Indonesia over the forecast period.

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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.

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. 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.

Further, the report states that one of the major factors hindering the growth of this market is Interoperability challenges. Interoperability is the ability of systems to provide information to and exchange data with other systems for planning, integration, execution, and coordination. The integration of automation control products and solutions in material handling with traditional systems, for cross-platform compatibility in the industry, faces interoperability challenges. End-user industries such as oil and gas, chemical and petrochemical, and power generation (remote operations) face such issues as they depend on legacy equipment, which is expensive to replace.

The global Automation Control for Material Handling market is valued at 24200 million US$ in 2017 and will reach 35200 million US$ by the end of 2025, growing at a CAGR of 5.5% during 2018-2025.

The major manufacturers covered in this report
ABB
Emerson
Honeywell
Rockwell Automation
Siemens
Accord Technologies
Analog Devices
CAN-ENG Furnaces International
Eaton
Flintec
GE
MEL Systems and Services
Mitsubhishi
OMRON

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Distributed control systems (DCS)
Programmable logic controllers (PLC)
Motion Control

By Application, the market can be split into
Process industry
Discrete industry

The study objectives of this report are:
To analyze and study the global Automation Control for Material Handling capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Automation Control for Material Handling manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Automation Control for Material Handling are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Automation Control for Material Handling Manufacturers
Automation Control for Material Handling Distributors/Traders/Wholesalers
Automation Control for Material Handling Subcomponent Manufacturers
Industry Association
Downstream Vendors

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