openPR Logo
Press release

Smart Machines Market Bolster As It Provides High Accuracy Without Human Interference.

06-22-2016 02:34 PM CET | IT, New Media & Software

Press release from: TMR Market Research

Smart Machines Market: Overview

Machines and tools of daily use as well as those used in complex industrial processes have evolved considerably in the last few decades. The rising demand for improved technologies and the growing investment in the research and development of the same have catapulted smart machines to the forefront of the global industrial sector.

Free PDF Sample : http://bit.ly/1svR3ks

Smart machines refer to intelligent devices that use machine-to-machine technology for resolving problems and make choices without human interference. These machines offer high accuracy even when performing repetitive tasks at high speed. Technological advances and increased research and development investments have proven extremely beneficial in giving momentum to the global smart machines market. Additionally, deploying smart technologies across industries significantly reduces the chances of errors that may cause wear and tear of mechanical components.For the purpose of the study, the global smart machines market is segmented on the basis of product type, technology, application, and geography. Based on product type, the market is classified into intelligent assistants, expert systems, smart embedded systems, neuro computers, autonomous robots, and others. Likewise, radio frequency, voice recognition, and micro and nano sensors are the most commonly used technologies in smart machines.

The report provides a granular analysis of the various factors and trends impacting the growth trajectory of the global smart machines market. It includes in-depth information pertaining to the prevailing dynamics of the market and presents refined growth forecasts for the market based on reliable data. An assessment of the impact of government regulations and policies on the market operations is also included to provide a holistic overview of the market’s future outlook.

Smart Machines Market: Key Trends and Opportunities

Smart machines are fitted with extensive sensor networks that make them competent for storing information regarding their machine situation, an array of processes, and the environment they are operating in. This consequently enhances the quality and uptime of smart machines. Smart machines usually utilize application-specific algorithms to enhance their performance over time.
The most common applications of smart machines are in industries such as consumer electronics, healthcare, automotive, industrial, logistics, transportation, aerospace, and security. The rising demand for continuous patient care and monitoring has been fuelling demand for smart machines in healthcare applications. The market also gains impetus from the proliferation of the latest technologies such as the introduction of auto driving systems in the automotive sector.

Full Report is Available at : http://bit.ly/1rcOB12

Regionally, the global smart machines market is segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Of these, Asia Pacific holds the dominant share in the market owing to the increasing investment on communication technologies and the implementation of favorable government policies in the region.

Smart Machines Market: Competitive Outlook

High investment by enterprises on novel technologies is a primary trend prevailing in the global smart machines market, which also defines the degree of competitiveness in the market. The majority of the prominent companies in the market are focusing on improving their operational efficiency and productivity. This will give a significant impetus to the global market for smart machines. The rising need to eliminate the chances of human errors, apart from the growing importance of automation, is another factor supporting the growth of the market.

To provide a holistic outlook of the prevailing competitiveness in the market, the report profiles companies such as IBM Corporation, Apple Inc., Google Inc., Alchemy API Inc., Digital Reasoning Inc., and Narrative Science Inc. Among these enterprises, Google has already introduced Google Now in the market, while Apple has come up with Siri, both of which are smart professional assistants. Furthermore, IBM Corporation has unveiled Watson, a cognitive technology designed to process information like humans do.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Mr. Sudip. S
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Smart Machines Market Bolster As It Provides High Accuracy Without Human Interference. here

News-ID: 345422 • Views:

More Releases from TMR Market Research

Metrology Services Market to Expand at 8.2% CAGR from 2012 to 2018, Burgeoning A …
Metrology services involve providing talented metrologists and reliable instrumentation and software to original equipment manufacturers. A good service provider not only brings equipment to its clients, but also extends repair and calibration services, equipment rental, automation and systems integration of measurement equipment, training, tool design, and more. According to the report, the high adoption rate of computer-aided design (CAD) and computer-aided manufacturing (CAM) and statutes for international quality standards are the
Global Failure Analysis Equipment Market to Expand at 8.8% CAGR, Rapid Progressi …
Failure analysis equipment is used to determine anomalies in the functioning of various processes and systems across manufacturing, biotechnology, service, and other industries. The equipment is used to detect the reasons of breakdowns or errors at a preliminary stage, which can help accrue considerable savings over time. The report states that rapid progression in nanotechnology, combined with the development of the medical sector in Asia Pacific, are the foremost reasons driving
Global Electric Motors Market Looks to Expansion of Automotive Sector, Set to Ri …
The competitive landscape of the global electric motors market includes players such as Baldor Electric Company Inc., Johnson Electric Holdings Ltd., Danaher Motion LLC, Ametek Inc., Siemens AG, Allied Motion Technologies Inc., Brook Crompton UK Ltd., and Franklin Electric Co. Inc. The market is highly fragmented with a number of international and domestic players trying to expand their businesses. This has restricted the established international brands from entering into new
User Preference for Improved Smart Devices Spurs Embedded Systems Manufacture Ra …
The leaders in the global embedded microcontroller systems market in 2014 were Renesas Electronics Corporation, Freescale Semiconductor, and Samsung Electronics Corporation. The three held a collective share of 54.8% of the market value in 2014.  As for embedded microprocessor systems, Intel Corporation, Qualcomm, Samsung Electronics, and Advanced Microdevices had collectively held a share 92% in terms of value in 2014.  Download PDF for Full Details with Technological breakthroughs is @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=995 According to a new publication

All 4 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency