Overview of the automation solutions market in the bottling industry
Technavio’s market research analysts have predicted that the global automation solutions market in the bottling industry will grow steadily at a CAGR of around 7% by 2020. This industry research report identifies the optimization of CIP (clean-in-place) process in bottling industry to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The need to meet the high sanitation standards set by regulatory bodies makes CIP, a necessity. However, CIP is a time-intensive process and consumes a large amount of water and chemicals, which has increased the demand for optimizing the CIP process through the meticulous use of water and chemicals in the cleaning process. Benefits such as reduced production downtime, improved food safety, maintenance of high sanitation standards, and more flexibility in production processes will increase the adoption of optimized CIP among industries in the next four years.
Existing enterprises in various industries have started implementing IOT (internet of things) in various sectors such as supply chain, raw materials sourcing, and bottle manufacturing. IOT enables bottling factories to increase their productivity at the machine level and also help in reducing inventory. It also facilitates beverage companies to transform operations in multiple areas, reduce maintenance costs and eliminate breakdowns.
Segmentation by product type and analysis of the automation solutions market in the bottling industry
- Motion control
- Valves and FRLs (filter regulator lubricator)
- PLC (programmable logic controller)
- DCS (distributed control system)
- MES (manufacturing execution
Overview of the global motors and drives market in process industries
Market research analysts at Technavio have predicted that the global motors and drives market in process industries will grow steadily at a moderate CAGR of around 7% by 2020. The growing demand for high-quality food products has driven the adoption of advanced refrigeration technologies in the food processing industry. These advanced refrigeration systems comprise of a complete set of automation equipment that requires high-end variable speed motors and drives to run the operation. The exponential rise in global population will subsequently increase the need for these advanced refrigeration systems which in turn will augment the demand for this market in the next four years.
As a result of the shrinking workforce and immigration control, a large number of industries are focusing on investing in factory automation practices. This involves the installation of multiple high-end motors in various applications such as conveyor belts, compressors, and fans. Automated factories will also require smart machinery that can be wirelessly controlled, remotely monitored, and are capable of diagnosing predictive maintenance, this, in turn, will have a positive impact on the growth of this market. This market study report has estimated that APAC will account for a major market share and dominate the market throughout the forecast period. Due to the availability of raw materials and cost-efficient labor, this region has emerged as a low-cost manufacturing hub for process industries, which will fuel the demand for the motors and drives market from this region.
Competitive landscape and key vendors
The market appears
Overview of the global motors and drives market in discrete industries
Technavio’s market research analyst predicts the global motors and drives market in discrete industries to grow at a CAGR of more than 9% by 2020. The rising production costs and demand for high-quality products at low prices have propelled manufacturers across various discrete industries to design automation solutions that boost productivity in plant operations. This has compelled them to implement highly efficient power transmission motor technologies. Additionally, several manufacturers are highly concerned about the motor efficiency benchmarks imposed by the US government regarding carbon emission and fuel efficiency. Many industries are replacing old electric motors with certified motors of higher operating efficiency because of these new regulations, which will boost the market for low-voltage multi-phase motors of power rating 0.75-375 kW during the forecast period.
According to the industry research report, this market is witnessing huge demand for customized motors. These motors provide special mechanical properties and systems solutions to end-users and have higher efficiency than standard motors. End-users demand custom-made motors for their tasks as a standard electric motor is insufficient in conjunction with a robust application. They are opting for more customized solutions as per their specific requirements. These motors are sophisticated in operations and have enhanced the market opportunities for low voltage motor and drives manufacturers.
Segmentation by type and analysis of the motors and drives market in discrete industries
Overview of the industrial data acquisition systems market
According to the market research analysts at Technavio, the industrial data acquisition systems market will grow steadily and will post a moderate CAGR of more than 5% over the forecast period. The transition from traditional data acquisition systems to PC-based systems is one of the key factors driving the growth prospects for this market during the predicted period. Technological innovations have led to the development of PC-based data acquisition system. This transition provides flexibility to the end users, along with cost and time reduction. Moreover, in the PC-based data acquisition system, engineers can customize the software, based on the requirement, which increases their overall productivity.
In this industry research report, the analysts have deduced factors such as the development of cloud-based acquisition system to spur the growth prospects for this market over the next four years. With the majority of industries focusing on IoT, most of the devices like sensors are getting interconnected, generating large volume data that will be stored in the cloud. The data stored in the cloud can be accessed anytime from a remote location using a mobile device. It has been observed that the cloud reduces the data storage cost by more than 50%. However, security has been a primary concern for the adoption of cloud-based data acquisition system. With advances in technologies, security standards have been developed, such as Wi-Fi WPA2 encryption and HTTPS secure socket, which is expected to reduce data breach, leading to this market’s growth in the future.
Competitive landscape and
Overview of the global gas analyzer market
Technavio’s market research analysts have predicted that the global gas analyzer market will grow steadily at a CAGR of more than 3% by 2020. Due to factors like their high maintenance, requirement of air-conditioned shelter rooms, frequent recalibration, and accuracy issues with interfering gasses, traditional gas analyzers have become less reliable in measuring low concentration gasses in the oil and gas industries. One of the recent technologies TDLA (tunable diode laser) is used to detect and measure gasses at a low density of air and offers several measurement advantages such as fast in-situ measurement, highly stable calibration, and less cross interference due to the presence of other gasses. This has induced a number of oil and gas industries to start adopting TDLAs, which in turn will lead to the growth of the market during the predicted period.
Advancements in technology have led to the development of gas analyzers equipped with PC-based solutions that can store data on its hard disk drive. These analyzers can send real-time data to a data logger through the Ethernet outputs and can be controlled remotely through the Internet. Such features help the operator to control the gas analyzer using a simple web browser.
Segmentation by end user and analysis of the gas analyzer market
- Oil and gas
- Food and beverages
Accounting for more than 29% of the total market share, the oil and gas segment dominated the gas analyzer market during 2015. Gas analyzers measure the corrosive mixture of water vapor and gasses and are used to prevent corrosion in a natural gas infrastructure. Since the accurate measurement of
Overview of the global machine condition monitoring market
Technavio’s market research analysts have predicted that the global machine condition monitoring market will grow steadily at a CAGR of around 4% by 2020. The rise in the number of transitions from preventive maintenance to predictive maintenance will be one of the primary factors that will have a positive impact on the growth of the equipment condition monitoring market. Preventive maintenance includes pre-planned periodic shutdown, disassembly, thorough inspection, and replacement of damaged parts. Though effective, this was always cost-consuming and determining the time interval between inspections was difficult. Predictive maintenance prevents the need for interrupting machines with no defects, enables easy scheduling for maintenance operations, and also locates the exact location and nature of the problem.
Cloud-enabled software allows end-users have an interactive platform with multiple options and constantly offers real-time input of wide range of measurements about the condition of machine and equipment. It also enables collaboration with experts in the field to access data quality and assists in decision-making. Cloud monitoring also facilitates data sharing across different locations, allows remote condition monitoring, and uninterrupted machine functioning and maintenance.
Segmentation by end-user and analysis of the machine condition monitoring market
- Oil and gas industry
- Power industry
- Chemical and petrochemical industry
- Steel and metal industry
- Pulp and paper industry
- Cement industry
- Automotive industry
- Pharmaceutical industry
- Food and beverage industry
During 2015, the oil and gas industry segment
Automating workflows allows for easy monitoring and control, and has helped end-users in both industrial and non-industrial sectors achieve accuracy and consistency in all processes.
There is an increased need to normalize different data points in a process or discrete industry. The monitoring and controlling activities of these data points is continuously automated in order to increase the productivity and quality of the end product. Additionally, to minimize operational expenses, original equipment manufacturers are opting for automation services because they reduce direct labor costs.