Press release
Industrial Controls And Robotics Market Tends To Rise Due To Ability Of Robots To Perform Risky And Hazardous Operations
Industrial controls and robotics systems include various instrumentation and automation equipment. These tools serve to monitor and control the various processes within industries. Demand for industrial automation and control systems is expected to grow owing to increased demand for high product quality, paired with expectations of high reliability in large volume production.Global industrial controls and robotics market was valued at USD 102.02 billion in 2012 and is expected to reach USD 147.7 billion in 2019, at a CAGR of 5.6% from 2013 to 2019. To increase productivity, the industries are switching towards automation and are deploying various industrial control and robotics tools.
PDF Sample For Latest Advancements with Technological breakthroughs is @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=603
This market is driven by its increased usage in discrete and process industries such as automotive, power, pharmaceutical, and semiconductors industries. Need for improved efficiency and precision, ability of robots to perform risky and hazardous operations, and consistent quality output are factors encouraging deployment of robots in industries. While, high initial investment and need of skilled labor to operate robots as well as availability of low cost labor in countries like India, Indonesia, and China are some of the factors inhibiting the growth of this market.
In terms of end user industries, automotive industry was the largest and accounted for 16.12% share in 2012. The semiconductor industry is expected to show strong growth followed by pharmaceutical industry during the forecast period. Automation in semiconductor industry is driven by demand for high volume, low cost, and customized manufacturing that helps to achieve business and technological goals.
By geography, Americas held the largest market share of industrial controls and robotics systems market followed by Asia Pacific in 2012. Growth of industrial controls and robotics market in North America is due to increasing demand for mass production and re-engineering in the old industrial segment along with adoption of new technologies. RoW market foresees strong growth potential for industrial controls and robotics market during forecast period. The growth in Asia Pacific market is attributed to heavy investment in power industry.
Read Full Press Release @ http://www.transparencymarketresearch.com/pressrelease/industrial-robotics-market.htm
This market is fragmented in nature and players such as Siemens AG, ABB Ltd., Fanuc Corporation, Omron Corporation, Rockwell Automation, Emerson Corporation, KUKA Robotics, are the major share holders as of now. Siemens AG and ABB Ltd. hold the major market share of the industrial control and robotics market. Leading players in the market follow inorganic growth through mergers and acquisitions, and strategic alliances for expansion of business. For example, ABB Ltd., a leading power and automation technology group acquired Baldor Electric Company, a North American leader in industrial motors in 2011 for a value of USD 4.2 billion. Acquisition of Baldor Electric provides a strong platform for ABB to increase its penetration in the North American market for distributed control systems.
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.
Transparency Market Research
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 Industrial Controls And Robotics Market Tends To Rise Due To Ability Of Robots To Perform Risky And Hazardous Operations here
News-ID: 375130 • Views: …
More Releases from TMR Research Reports
Three Phase Transformer Market - Powertronix Corporation,Mitsubishi Corporation …
Three phase transformer are widely used in power systems. They are more economical compared to single phase transformers. There is a growing demand of reliable technology allied to the power flow management within the power systems. They are of single unit which means all windings wound around the same core, immersed in one tank, or of three single phase units. These transformers have the windings connected in various ways like…
Smart Irrigation Market - The Toro Company, Rachio Inc., Baseline Inc offering h …
Smart Irrigation Market: Overview
The amount of agricultural output is expected to grow till 2030, says a report by the Food and Agriculture Organization. With a projected growth of 1.4% in the aggregate crop production worldwide, the demand for supplies and solutions from industries working in the periphery of the agricultural sector is expected to rise. However, this does not necessarily mean that land under cultivation will rise dramatically. If anything,…
Insulated Gate Bipolar Transistor (IGBT) Market - Research and Development to be …
Insulated Gate Bipolar Transistor (IGBT) is a power semiconductor device and majorly finds application in switch, pulse modulation and phase control among others. This device competes with other power semiconductor devices including power MOSFETs, Silicon-Carbide (SiC), Gallium-Nitride (GaN). IGBT has been gaining demand owing to lower switching losses and higher reliability, which highlights features including higher efficiency and better thermal performance. The increasing focus and increased investments in R&D on…
Film Machinery Market - Growth in Distribution Channels to Open Opportunities fo …
Films play a significant role in packaging industry. Polymers such as polyethylene, polypropylene, polyvinyl chloride (PVC), polyester and EVOH are usually used as film materials in the packaging industry. Films are usually manufactured by extrusion process and are in various forms depending upon their end use. Cast films, blown films, shrink films, oriented films and co-extruded films are some of the most important variations of films. Plastics packaging is…
More Releases for America
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound…
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound…
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),…
Masterbatches Market Study by Region (North America, Latin America, Europe, Asia …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Masterbatches market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
