Automation

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A manufacturing execution system, or MES, is a control system that is used for managing and monitoring work-in-process on a factory floor. These systems keep track of all manufacturing information in real time and receive up-to-the-minute data from robots, machine monitors, and employees. Discrete industries face a high demand for precise and efficient output. Consequently, this industry segment is expected to witness continuous growth in terms of MES adoption. Vendors...

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May 31, 2016 | 48 Pages | SKU: IRTNTR8544

Outlook of the global SMT placement equipment market

Technavio’s market research analyst predicts the global SMT placement equipment market to grow steadily at a CAGR of more than 6% during the forecast period. The recent increase in the number of contract manufacturers will impel the prospects for growth in the SMT placement equipment market. Factors such as the augmented demand for smart gadgets and electronic components are likely to...

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May 27, 2016 | 52 Pages | SKU: IRTNTR8543

Outlook of the global SCADA market in the oil and gas industry

Technavio’s market research analyst predicts the global SCADA market in the oil and gas industry to grow at a CAGR of around 3% during the forecast period. Factors such as the exploration of new oil and gas fields and growing investments in refineries and pipelines in regions like the Americas, Africa, the Middle East, and APAC will fuel the prospects for market growth. Furthermore, with an increase...

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May 25, 2016 | 60 Pages | SKU: IRTNTR8333

Market outlook of the industrial automation control market

Technavio’s research analyst predicts the global industrial automation control market to grow steadily at a CAGR of close to 8% during the forecast period. High capital expenditure is the primary growth driver for this market. The rise in capital expenditure in industries such as oil and gas, power, and automotive contributed to the growth of this market. For instance, capital...

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May 24, 2016 | 71 Pages | SKU: IRTNTR8540

Outlook of the global PLC market

Technavio’s market research analyst predicts the global programmable logic controller (PLC) market to grow at a CAGR of more than 7% during the forecast period. The large-scale capacity additions planned by leading automotive manufacturers owing to the increasing sale of passenger and commercial vehicles will propel market growth. Apart from the original equipment manufacturers (OEMs), the auto components manufacturers are also...

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May 23, 2016 | 60 Pages | SKU: IRTNTR9530

Overview of the global industrial sensors market

Market research analysts at Technavio have predicted that the global industrial sensors market will grow moderately at a CAGR of about 10% by 2020. This market research analysis identifies IoT (Internet of Things) opportunities as one of the primary growth drivers for this market. As a network of equipment, IoT enables the use of inductive proximity sensors, software, and other hardware to acquire date remotely and...

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May 23, 2016 | 55 Pages | SKU: IRTNTR8545

Outlook of the global DC motors market

Technavio’s market research analyst predicts the global DC motors market to grow at a CAGR of nearly 13% during the forecast period. Factors such as its large-scale adoption in chemical injection pumps, HVAC, and forklift applications will spur the prospects for market growth until the end of 2020. A DC motor is a crucial component of the chemical injection pump because of its pricing. Consequently, any growth observed the...

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May 20, 2016 | 87 Pages | SKU: IRTNTR9514

Overview of the global chain drives market

Technavio’s market research analyst predicts the global chain drives market to grow at a CAGR of around 3% by 2020. The rise in the replacement activities across several industries is primarily driving the growth of this market. Chain drives require adequate and timely lubrication for smoother operation and longer lifespan. This has prompted vendors to offer additional after-sales services to the customers. Replacement...

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May 13, 2016 | 54 Pages | SKU: IRTNTR9299

Outlook of the smart machines market in the Americas

According to Technavio’s market research analysts, the smart machines market in the Americas will grow at an impressive CAGR of nearly 15% by 2020. Smart machines are devices that have cognitive computing ability. These machines utilize artificial intelligence (AI) and machine learning algorithms to sense, learn, reason, and interact with humans. The market for smart machines in the Americas will grow rapidly...

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May 13, 2016 | 53 Pages | SKU: IRTNTR8783

Overview of the smart machines market in Europe

Technavio’s market research analyst has estimated the smart machines market in Europe to grow impressively at a CAGR of over 15% by 2020. The growing popularity of the Industry 4.0 concept, which includes automation, IoT, cloud computing, and smart machines, in the automotive and electricals and electronics industries, will be the primary growth driver for this market. The incorporation of automation and robotics in...

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May 10, 2016 | 56 Pages | SKU: IRTNTR8459

Market outlook of the machine tools market in India

Technavio’s market research analyst forecasts the production of machine tools in India to grow at a CAGR of 13% during the forecast period. This growth in the overall consumption is attributed to the increasing import of advanced product lines from countries like Japan, Germany, and Italy. The growth of automotive industry in India is the primary growth driver for this market. The automotive and auto components...

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May 09, 2016 | 53 Pages | SKU: IRTNTR8569

Market outlook of the fieldbus solutions market for process industry

Technavio’s research analyst predicts the global fieldbus solutions market for the process industry to grow steadily at a CAGR of 8% during the forecast period. The growing need to optimize plant asset management is the primary growth driver for this market. Sensors help detect plant errors, leaks, or short circuit and fieldbus solutions are used for real-time communication between the operator...

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