Automation

Format: 2017-02-21
Format: 2017-02-21
February 17, 2017 | 61 Pages | SKU: IRTNTR12045

Overview of the global automated container terminal market

According to Technavio’s analysts, the global automated container terminal market is anticipated to grow rapidly and post a CAGR of 25% during the forecast period. The need to increase the rate of productivity of terminals will drive the growth prospects for the global automated container terminal market until the end of 2021. Some of the key factors driving the need for automation in container terminals includes cost reduction, improved consistency, predictability, the safety of operations, and reduced environmental impact. For instance, the deployment of automated stacking cranes (ASCs) results in better space utilization. Also, automated container terminals deliver containers much faster to truckers than fully manned terminals and are also cleaner, safer, and quieter than conventional terminals. Moreover, harmful diesel emissions are replaced with electricity and batteries that power these cargo-handling equipment which prevents harmful emissions. Furthermore, since container stacks are positioned perpendicular to the sea-going vessel and the gates, trucks can move quickly into and out of the terminals. In addition, yard efficiency and safety are further enhanced by separating the traffic from the machines that move the containers from the cranes to the stacks.

The growing number of new terminals with the adoption of automation will drive the growth prospects for the global automated container terminal market for the next four years. For instance, automation of container cranes is spreading across Europe with the growing number of investments in the world’s first automated depot for empty containers.

Competitive landscape and key vendors


February 16, 2017 | 67 Pages | SKU: IRTNTR12015

Overview of the global remote input/output (I/O) modules market

According to Technavio’s market research analyst, the global remote input/output modules market is predicted to grow at a CAGR close to 6% during the forecast period. The increasing use of open-source software for programming remote I/O modules is one of the significant factors propelling this market’s growth prospects. The open source industrial automation software is an independent platform that offers a set of tools for growth and implementation. Besides offering a substitute for expensive in-house designs, the software also provides development libraries, interface applications, mass configuration tools, and front and back-end applications. The software supports companies that are under constant pressure to cut down on the development costs or are required to introduce new features in connected embedded designs quickly. Moreover, open programming software helps in faster application development, reduces commissioning time, and reduces life cycle costs, which will boost the adoption of I/O modules in the coming years.

One of the latest trends that is anticipated to gain traction in the global remote I/O modules market is the hike in the wireless I/O modules with cloud connectivity. Widely used for the operation and control of field instruments, the wireless remote I/O modules are fitted with high-speed data transfer confirming its easy operation among the field equipment. To add to the developments of the industries and smart cities, vendors provide remote I/O modules appropriate for an extensive range of the industries. Moreover, these wireless remote I/O modules lessen the cable costs and facilitate easier deployment as they can be used to gather


February 16, 2017 | 72 Pages | SKU: IRTNTR12011

Overview of the global process safety systems market

Market research analysts at Technavio predict that the global process safety systems market will grow steadily during the next four years and post a CAGR of more than 4% by 2021. This market research analysis identifies the need for risk reduction in hazardous operations as one of the primary growth factors for the process safety equipment market. It has been observed that despite the application of a wide variety of safeguarding measures, process industries are constantly prone to accidents. This results in the increased need for the application of a variety of technical and non-technical layers of protection, such as safety instrumented systems (SIS) since they will help in boosting the productivity and also help in producing high-quality products at a much lower cost.

This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the process safety system market throughout the predicted period. The increased demand for energy and power in several countries in APAC and the growth of the major end-user industries in the region such as oil and gas and chemical and petrochemical, will significantly aid in the growth of the market in this region.

Competitive landscape and key vendors

This consolidated market is characterized by the presence of several international and small local players and is dominated by the well-established multinational automation manufacturers such as ABB, Honeywell International, Rockwell Automation, Siemens, and Yokogawa Electric. All the major vendors have well-established distribution networks and a clear


February 15, 2017 | 72 Pages | SKU: IRTNTR11977

Overview of the global industrial clutches and brakes market

Technavio’s market research analyst predicts the global industrial clutches and brakes market to grow steadily at a CAGR of around 2% by 2021. One of the primary drivers for this market is the increasing demand for higher capacity conveyor drives. A conveyor drive system is a mechanical arrangement used for carrying goods from one location to another. An electric or mechanical drive controls the speed of the conveyor system through suitable arrangements of gear, clutch, and brake systems. Also, it has been observed that there is a rising demand for consumer goods, especially in the food and beverage sector, this has prompted the increase in requirement for high-capacity conveyor drives for the expansion of production processes. This rising investment in the food and beverage and power sectors across the world is facilitating the rapid employment of high-capacity conveyor drives to scale up production processes. As a result of this rise in demand for high-capacity conveyor drives the global market for industrial clutches and brakes will also witness growth during the forecast period.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The exponential expansion of the food and beverage industry in the US is the major contributor to the market dominance of industrial clutches and brakes products in the region. Moreover, the US is expected to convert most of its existing coal-fired power plants to natural gas and renewable-based power plants by 2035. This shift will further augment growth in the global industrial clutches and brakes market in the coming years.

Competitive landscape and key vendors


February 14, 2017 | 76 Pages | SKU: IRTNTR11970

Overview of the global HVAC control systems market

Technavio’s market research analyst predicts the global heating, ventilating, and air conditioning (HVAC) control systems market, to grow steadily at a CAGR of around 9% by 2021. One of the primary drivers for this market is the rise in the adoption rate of HVAC control systems among developing economies around the world. The rising energy demand due to various infrastructure development activities has forced countries as well as companies to take concerted steps in optimizing energy usage. It has been observed that using HVAC equipment contributes significantly to the global energy consumption. This has compelled several organizations to adopt HVAC control systems to save operational expenses. Also, modern HVAC control systems that assist facility managers to optimize, control and enhance operations. Further, an increasing number of end-users are developing awareness regarding the benefits of installing HVAC control systems, this in turn, will propel the growth of the HVAC control systems market in the coming years.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. HVAC control systems market in the Americas is driven by developed economies like the US and Canada, which generate substantial demand for energy-efficient HVAC systems. Moreover, growth in the construction industry is expected to further increase the demand for HVAC systems during the forecast period.

Competitive landscape and key vendors

Global HVAC control systems market is highly diversified due to the presence of both international and regional vendors. Many regional vendors operating in the market cater to customized HVAC control systems for end-users. In an attempt to gain a competitive edge, regional


February 07, 2017 | 71 Pages | SKU: IRTNTR11859

Global outlook of the industrial monitors market

Technavio’s market research analysts predict the global industrial monitors market to grow steadily during the forecast period and post a CAGR of more than 2% by 2021. This industry research report identifies the increased adoption of industrial automation to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Due to the rising complexity of industrial processes, the recent years witnessed an increase in the adoption of supervisory control and data acquisition (SCADA) and distributed control system (DCS)-based systems for factory automation by various industries including oil and gas, mining, power, and automotive. These control systems enable the remote monitoring of physical processes and will consequently increase the demand for industrial display monitors to survey and control various process parameters continuously.

This market research and analysis also estimates that in terms of geographical regions, the Americas will be the major revenue contributor to the market throughout the predicted period. The growth of the food and beverage and power industries in the US and the rise in infrastructure development and construction activities in the Latin American countries will fuel the market’s growth prospects in this region in the coming years.

Competitive landscape and key vendors

The market is characterized by the presence of several major and


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