Automation Industrial Monitors Market Size, Insights, Outlook, Overview By 2024-2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Automation Industrial Monitors Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $3.46 Bn In 2028 At A CAGR Of 8.2% :

The automation industrial monitors market size has grown strongly in recent years. It will grow from $2.34 billion in 2023 to $2.53 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to increasing industrialization, regulatory compliance, cost reduction and efficiency improvement, globalization and supply chain management.

The automation industrial monitors market size is expected to see strong growth in the next few years. It will grow to $3.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to industry 4.0 and IoT integration, rapid digitalization, demand for touchscreen interfaces, remote monitoring and control, focus on energy efficiency . Major trends in the forecast period include augmented reality (AR) integration, customization and modular design, AI and machine learning integration.

Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=14642&type=smp

Automation Industrial Monitors Market Major Segments
The automation industrial monitors market covered in this report is segmented -

1) By Type: Screen Size Below 12, Screen Size Between 12-17, Screen Size Above 17
2) By Application: Process Industries, Discrete Industries
3) By End User: Automotive, Manufacturing, Electronic And Electrical, Other End-Users

Key Driver - Role Of Industrial Monitoring In The Rise Of Smart Factories

The growing popularity of smart factories is driving automation and industrial monitoring market growth. Smart factories refer to manufacturing facilities that leverage advanced technologies and data-driven solutions to optimize production processes, improve efficiency, and enhance productivity. Smart factories enhance operational efficiency, optimize production processes, and adapt to changing market demands through the integration of advanced technologies such as IoT, AI, and automation. Industrial monitors are the interface for monitoring, controlling, and visualizing production processes, providing real-time data insights, facilitating operator interaction, and enabling seamless integration with other automation systems and devices. For instance, in May 2022, according to a survey of 321 manufacturers conducted by Rockwell Automation Inc., a US-based industrial automation company, the adoption of smart factory technologies witnessed a remarkable 50% year-over-year growth. Moreover, 74% of surveyed manufacturers are either utilizing or planning to integrate artificial intelligence into their manufacturing operations. Additionally, 83% of manufacturing professionals will upgrade their modernization processes into smart factories. Therefore, the growing popularity of smart factories will drive the growth of the automation industrial monitor market.

Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=14642&type=smp

Prominent Trend - Customizable Technologies In The Automation Industrial Monitor Market

Major companies operating in the automation industrial monitor market focus on advanced technologies, such as customizable industrial monitors, to serve customers with advanced features better. These monitors typically offer flexibility in terms of screen size, resolution, mounting options, connectivity, and additional features to accommodate diverse use cases and environments. For instance, in May 2022, Rockwell Automation Inc., a US-based industrial automation company, unveiled a new line of customizable industrial monitors named Allen-Bradley ASEM 6300M industrial monitors designed to assist machine builders in distinguishing their machines and addressing various application requirements. These options grant machine builders to tailor the monitors according to cost, performance, and aesthetic preferences. The ASEM 6300 monitors cater to a broad spectrum of applications, enabling machine builders to differentiate their offerings from competitors in terms of functionality and appearance. These monitors support the display of up to four tiles of information on a single screen, providing operators with valuable insights, including performance data, work instructions, high-resolution videos, and real-time camera feeds.

Automation Industrial Monitors Market Players
Major companies operating in the automation industrial monitors market are Siemens AG, Mitsubishi Electric Corporation, Honeywell International Inc., ABB Group, Eaton Corporation plc, Emerson Electric Co., Rockwell Automation Inc., Danfoss A/S, Omron Corporation, FANUC Corporation, SMC Corporation, Yaskawa Electric Corporation, Festo AG & Co. KG, KUKA AG, Yokogawa Electric Corporation, Advantech Co. Ltd., National Instruments Corporation, OmniVision Technologies Inc., Beckhoff Automation GmbH & Co. KG, Kontron S&T AG, Barco NV, Pepperl+Fuchs GmbH, Sparton Corporation, AAEON Technology Inc., Axiomtek Co. Ltd., Edge Electronics LLC, RGB Spectrum, Computer Dynamics (CIMTEC Automation), Hope Industrial Systems Inc.

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/automation-industrial-monitors-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the automation industrial monitors market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automation industrial monitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Table Of Content For The Market Report Include:

1. Executive Summary
2. Automation Industrial Monitors Market Report Structure
3. Automation Industrial Monitors Market Trends And Strategies
4. Automation Industrial Monitors Market - Macro Economic Scenario
5. Automation Industrial Monitors Market Size And Growth
…..
27. Automation Industrial Monitors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.