Press release
Industrial Automation Market Report Major Players Covered: ABB, Bosch, FANUC, Honeywell, Toshiba, Mitsubishi Electric, Rockwell, Yokogawa Electric | Valuates Reports
The global Industrial Automation market size is projected to reach US$ 212410 million by 2027, from US$ 130710 million in 2020, at a CAGR of 6.7% during 2021-2027. The Industrial Automation market is being propelled by the increasing usage of Industry 4.0 and the introduction of 5G wireless technologies. The need to remove human error and cut costs is projected to propel the Industrial Automation market size. By integrating adaptive control and monitoring in various phases of industrial processes, these systems are successful in eliminating human error and thereby enhancing the quality and homogeneity of the products provided.
View Full Report: https://reports.valuates.com/reports/QYRE-Auto-3L6898/global-industrial-automation
Factors Driving the Growth of the Industrial Automation Market
Although industrial automation systems require a considerable initial investment, the technology's application will result in decreased data analytics expenses. Furthermore, thanks to this automatic data analysis, the risk of machine failure and service interruptions is reduced to a minimum. As a result, the Industrial Automation market size is likely to be driven by the cost-cutting feature.
Workers in a facility equipped with an industrial automation system work fewer hours and spend more time on high-value-added tasks. Automation technology frees employees from having to perform tedious and mundane jobs. By integrating adaptive control and monitoring in various phases of industrial processes, these systems are successful in eliminating human error and thereby enhancing the quality and homogeneity of the products provided. Furthermore, putting robots on production lines where humans are exposed to hazardous working circumstances is safer. Such benefits are projected to boost the expansion of the industrial automation market by increasing usage and theory.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-3L6898/Global_Industrial_Automation_Market
Analysis of Industrial Automation Market Share
During the forecast period, the Plant Asset Management (PAM) segment is expected to be the most profitable. The rise of this market can be due to the increasing use of PAM systems in the process and discrete sectors to build a complete data repository related to various equipment deployed in these plants, from uptime performance to life cycle cost assessment.
Industrial Automation Breakdown Data by Type
• Computer Numerical Control (CNC) Routers
• Machine Vision Systems
• Manufacturing Execution Systems (MES)
• Plant Asset Management
• Product Lifecycle Management (PLM)
• Programmable Logic Control Systems (PLC)
• Supervisory Control and Data Acquisition (SCADA)
• Others
Industrial Automation Breakdown Data by Application
• Automotive and Transportation
• Chemical
• Energy and Power System
• Food
• Environment and Building Technologies
• Oil and Gas
• Others
Major Players in the Global Industrial Automation Industry
• ABB
• Adept
• Bosch
• Emerson Electric
• FANUC
• General Electric
• Honeywell
• Kuka
• Mitsubishi Electric
• Rockwell
• Schneider Electric
• Toshiba
• Voith
• Yaskawa Electric
• Yokogawa Electric
Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-3L6898/Global_Industrial_Automation_Market
Similar Reports:
1. Small Satellite Market: https://reports.valuates.com/market-reports/ALLI-Auto-1U150/small-satellite
2. Canada Financial Guarantee Market: https://reports.valuates.com/market-reports/ALLI-Manu-2V67/canada-financial-guarantee
3. Managed Services Market: https://reports.valuates.com/market-reports/QYRE-Auto-1R2135/global-managed-services
4. Intelligent Vending Machines Market: https://reports.valuates.com/market-reports/QYRE-Auto-J9/global-intelligent-vending-machines
5. Head Up Display Market: https://reports.valuates.com/market-reports/QYRE-Othe-4C177/head-up-display
6. Warehouse Management Systems Market: https://reports.valuates.com/market-reports/ALLI-Auto-0A93/warehouse-management-systems
Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137
Email Id:
Please reach us at sales@valuates.com
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Automation Market Report Major Players Covered: ABB, Bosch, FANUC, Honeywell, Toshiba, Mitsubishi Electric, Rockwell, Yokogawa Electric | Valuates Reports here
News-ID: 2601192 • Views: …
More Releases from Valuates Reports
Photonic Crystal Surface-emitting Lasers (PCSEL) Market Revenue, Insights, Ov …
Photonic Crystal Surface-emitting Lasers (PCSEL) Market Size
The global market for Photonic Crystal Surface-emitting Lasers (PCSEL) was valued at US$ 135 million in the year 2024 and is projected to reach a revised size of US$ 234 million by 2031, growing at a CAGR of 8.6% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-12O18911/Global_Photonic_Crystal_Surface_emitting_Lasers_PCSEL_Market?utm_source=Openpr&utm_medium=Referral
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications…
Foldable Laptop Market Revenue, Insights, Overview, Outlook, Analysis | Valuates …
Foldable Laptop Market
The global market for Foldable Laptop was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-6R15803/Global_Foldable_Laptop_Market?utm_source=Openpr&utm_medium=Referral
North American market for Foldable Laptop is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast…
Skin-feeling PETG Decorative Film Market Revenue, Insights, Overview, Outlook, A …
Skin-feeling PETG Decorative Film Market
Skin-feel PETG decorative film is a type of PETG decorative film with a special treatment on its surface, which gives it a texture similar to skin, commonly used in phone cases, smartwatch straps, and other consumer electronic products that require a comfortable touch. In addition to the general properties of PETG, such as transparency, durability, and recyclability, this film particularly emphasizes its flexibility and skin-like texture…
Silicone Rubber Test Socket Market Revenue, Insights, Overview, Outlook, Analysi …
Silicone Rubber Test Socket Market Size
The global market for Silicone Rubber Test Socket was valued at US$ 206 million in the year 2024 and is projected to reach a revised size of US$ 322 million by 2031, growing at a CAGR of 6.7% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-15S18466/Global_Silicone_Rubber_Test_Socket_Market?utm_source=Openpr&utm_medium=Referral
By Type
• Pitch:≤0.3P
• Pitch:0.3-0.8P
• Pitch: ≥0.8P
By Application
• Pitch:≤0.3P
• Pitch:0.3-0.8P
• Pitch: ≥0.8P
Key Companies
ISC, TSE Co., Ltd., JMT (TFE), SNOW Co., Ltd., SRC Inc., Smiths Interconnect, WinWay Technology, Ironwood…
More Releases for Automation
Amvel Automation: Revolutionizing Industrial Processes through Automation
Amvel Automation, a leading automatic gates manufacturer in India, is transforming the industrial landscape with its cutting-edge automation solutions. With a strong focus on innovation and excellence, Amvel Automation is empowering industries to increase efficiency, productivity, and safety.
Comprehensive Automation Solutions
Amvel Automation offers a wide range of automation products and services, including:
Automatic Gates: Sliding gates, swinging gates, and rolling shutters for secure and convenient access control.
Industrial Automation: PLC-based automation solutions for…
Linear Transfer Systems Market to Witness Huge Growth by 2028 | ATS Automation, …
Linear Transfer Systems Market research report provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets. It also offers an in-depth examination of new product launches, recent developments, untapped geographies, and recent developments. Moreover, the report also provides intelligent insights on future technologies, R&D activities, and breakthrough product developments.
Click Here For Free Sample + Related Graphs of the Report at: https://www.reportsnreports.com/contacts/requestsample.aspx?name=6210965
This research report…
Linear Transfer Systems Market Top Key Players Focused - ATS Automation, Rockwel …
“Linear Transfer Systems Market” report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors. The report also covers import/export data across all major regions covered in this report.
Download Sample PDF copy of this report @ https://www.upmarketresearch.com/home/requested_sample/65246
The key players covered in this study
ATS Automation
Rockwell Automation
Beckhoff Automation
Preh IMA Automation
Ruhlamat
Afag
Motion Index Drives
Pematech
TAKTOMAT
Haberkorn
Innovative Automation
Mecsmart Systems
Meto-Fer
This…
Linear Transfer Automation Market Size 2018 by Top Key Players and Application w …
The Linear Transfer Automation report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market
This report studies the global Linear Transfer Automation market status and forecast, categorizes…
Home Automation and Control Market Report 2018: Segmentation by Type (Home Autom …
Global Home Automation and Control market research report provides company profile for Schneider Electric SA, Vantage Controls, Crestron Electronics, Inc., iControl Networks Inc., Control4 Corporation, Honeywell International Inc., AMX LLC, Johnson Controls, ADT Corporation, Siemens AG, 2GIG Technologies and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume,…
Digital Process Automation Market Report 2018: Segmentation by Component, Busine …
Global Digital Process Automation market research report provides company profile for IBM (US), Appian (US), DST Systems (US), OpenText (Canada), K2 (US), Bizagi (England), DXC (US), Infosys (India), Oracle (US), Pegasystems (US), Tibco (US) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
