Industrial automation is the use of information technology and control systems (computers and set of devices) by replacing the human operator with these systems in order to control and regulate various industrial processes. In t ....see more
The Mine Ventilation Market is expected to grow from USD 326 million in 2019 to USD 401 million by 2024, at a CAGR of 4.3% during the forecast period. Major players involved in the Mine Ventilation market include ABB (Switzerland), Epiroc (Sweden), Howden (UK), Stantec (Canada), Twin City Fan (US), ABC Industries (US), Chicago Blowers (US), DMT (Germany), TLT Turbo (Germany), and New York Blower Company (US).
The Triple Offset Butterfly Valve Market is expected to grow from USD 2.8 billion in 2019 to USD 3.6 billion by 2025, at a CAGR of 4.1% during the forecast period. Emerson Electric Co. (US), Flowserve Corporation (US), Cameron (A Schlumberger Company) (US), IMI PLC (UK), and Metso (Finland) are a few of the key players operating in the triple offset butterfly valve market.
The Automatic Checkweigher Market is expected to grow from USD 238 million in 2019 to USD 289 million by 2024, at a CAGR of 4.0% during the forecast period. Major players in the automatic checkweigher market are METTLER TOLEDO (Switzerland), Ishida Co., Ltd. (Japan), and Anritsu Corporation (Japan). Other key players in this market include A&D Company, Limited (Japan), Bizerba (Germany), Yamato Scale (Japan), WIPOTEC-OCS (Germany), Thermo Fisher Scientific Inc. (US), Bosch Packaging Technology (Germany), and Minebea Intec (Germany).
The Automatic Bending Machine Market is expected to grow from USD 1.9 billion in 2019 to USD 2.4 billion by 2024, at a CAGR of 4.5% during the forecast period. Major players operating in the automatic bending machine market are TRUMPF GmbH + Co. KG (Germany), AMADA HOLDINGS Co., Ltd. (Japan), Prima Industrie S.p.A. (Italy), DANOBAT GROUP (Spain), WAFIOS AG (Germany), HACO BV (Belgium), Bystronic Laser AG (Germany), BLM Group (Italy), transfluid® Maschinenbau GmbH (Germany), and AMOB (Portugal), among others. Other companies include Quantum Corporation (US), Barracuda Networks, Inc. (US), Hitachi Vantara Corporation (US), and Arcserve LLC (US), among others. Shuz Tung Machinery Industrial (Taiwan), Euromac (Italy), SOCO Machinery (Taiwan), and Universal Tool & Engineering (US), among others.
The Ultraviolet Analyzer Market is expected to grow from USD 1.0 billion by 2019 to USD 1.4 billion by 2024, at a CAGR of 6.4% during the forecast period. The report profiles the most promising players in the market. The market is highly dynamic because of the presence of a significant number of big and small players operating in it. Key players in the market are ABB Ltd. (Switzerland), AMETEK, Inc. (US), Emerson Electric Co. (US), Halma plc (UK), Horiba, Ltd (Japan), Teledyne Analytical Instruments Inc. (US), Thermo Fisher Scientific Inc. (US), Xylem Inc. (US), Agilent Technologies Inc. (US), and Hitachi High-Technologies Corporation (Japan).
The Borescope Market is expected to grow from USD 674 million in 2019 to USD 837 million by 2024, at a CAGR of 4.4% during the forecast period. Major players involved in the Borescope market include Olympus (Japan), SKF (Sweden), Baker Hughes (US), FLIR (US), Stanlay (India), FLUKE (US), Vizaar (Germany), AIT (US), Gradient Lens Corporation (US), and JME Technologies (US).
The Hybrid Valve Market is expected to grow from USD 1.0 billion in 2019 to USD 1.4 billion by 2024, at a CAGR of 6.4% during the forecast period. A few key players operating in the hybrid valves industry are Emerson (US), IMI PLC (UK), Trillium Flow Technologies (US), and Dymet alloys (UK).
The Electron Beam Machining Market is expected to grow from USD 181 million in 2019 to USD 212 million by 2024, at a CAGR of 3.2% during the forecast period. Major players included in the electron beam machining market are Global Beam Technologies (Germany), Mitsubishi Electric (Japan), and pro-beam (Germany). The other key players in this market include companies such as Bodycote (UK), Cambridge Vacuum Engineering (UK), Sciaky (US), Beijing Zhong Ke Electric Co.Ltd. (China), Sodick (Japan), TETA (Russia), FOCUS GmbH (Germany), Evobeam (Germany), and AVIC (China), among others.
The 3D projector market is projected to reach USD 4.4 billion by 2024; growing at a CAGR of 7.1% during the forecast period. Sony Corporation (Japan), Optoma (Taiwan), Seiko Epson Corporation (Japan), Barco (Belgium), Vivitek Corporation (Taiwan), Panasonic Corporation (Japan), BenQ Corporation (Taiwan), NEC Display Solutions (Japan), Christie Digital (US), Viewsonic (US), JVCKenwood Corporation (Japan), Digital Projection (UK), Wolf Cinema (US), Dukane (US), Acer Inc. (Taiwan), Boxlight (US), InFocus Corporation (US), Sim2 BV (Italy), Dell (US), and Canon Inc. (Japan) are among a few major players in the 3D projector market.
The automatic labeling machine market is estimated to be worth USD 2.5 billion in 2019 and is expected to reach USD 2.9 billion by 2024 , at a CAGR of 3.6% from 2019 to 2024. The growth of this market is propelled by factors such as the increasing demand for automation in the food industry, improving the economic condition, urbanization, and growing need for packaging solutions for various products.
The conveyor monitoring market is expected to reach USD 254 million by 2024 from USD 215 million in 2019; it is expected to record a CAGR of 3.5%. The growth of this market propelled by the rising focus of companies on the reduction of revenue loss due to faults in conveyor systems and increasing awareness of predictive maintenance tools and techniques, including conveyor monitoring, to eliminate wastage, reduce maintenance costs and period, increase credibility to the customers. Beltscan Systems Pty Ltd. (Australia), Yellowtec (Australia), Honeywell International Inc. (US), ContiTech Conveyor Belt Group (Germany), Fenner Dunlop (Australia), PHOENIX CBS GMBH (Germany), Emerson Electric Co. (US), Bruel & Kjaer (Denmark), SKF (Sweden), and Parker Hannifin Corporation (US) are a few major players operating in the conveyor monitoring market.
The single loop controller market was valued at USD 94 million in 2018 and is expected to reach USD 103 million by 2024, at a CAGR of 1.4% from 2019 to 2024. Changing energy trends such as increasing demand for unconventional energy sources, booming power sector, and growing investments toward power generation projects drive the growth of the market. The leading players in the single loop controller market include WEST Control Solutions (UK), Eurotherm (UK), Honeywell (US), ABB (Switzerland), OMRON (Japan), Sure Controls (UK), Yokogawa (Japan), Gefran (Italy), Azbil Corporation (Japan), Mitsubishi (Tokyo), Carotek (US), and PSG Plastic Service GmbH (Europe), among others.
The overall machine automation controller market is expected to grow from USD 33.7 billion in 2019 to USD 41.5 billion by 2024, at a CAGR of 4.3%. The growth of the market is propelled by the increasing focus on reducing overall operational cost, increasing the need to drive productivity in the process industry, and the growing use of robots in the manufacturing sector. Major players involved in the machine automation controller market include ABB (Switzerland), Emerson (US), Siemens (Germany), Schneider Electric (France), Yokogawa (Japan), Advantech (Taiwan), Delta Electronics (Taiwan), Honeywell (US), Mitsubishi Electric (Japan), Omron (Japan), Rockwell Automation (US), Robert Bosch (Germany), Beckhoff Automation (Germany), Kollmorgen (US), and Kontron (Germany).
The field device management market is projected to grow from USD 1.3 billion in 2019 to USD 1.8 billion by 2024; it is expected to grow at a compound annual growth rate (CAGR) of 6.7%. Siemens AG (Siemens, Germany); Emerson Electric Co. (Emerson, US); ABB Group (ABB, Switzerland); Schneider Electric (Schneider Electric, France); Honeywell International Inc. (Honeywell, US); Rockwell Automation, Inc. (Rockwell, US); Yokogawa Electric Corporation (Yokogawa, Japan); OMRON Corporation (OMRON, Japan); Mitsubishi Electric Corporation (Mitsubishi Electric, Japan); Fanuc Corporation (Fanuc, Japan); Metso Corporation (Metso, Finland); Valmet Oyj (Valmet, Finland); Hamilton Company (Hamilton, US); Phoenix Contact GmbH & Co. KG (Phoenix Contact, Germany); Endress+Hauser AG (Endress+Hauser, Switzerland); Festo AG (Festo, Germany); Omega Engineering (Omega, UK); Hach (Hach, US); Azbil Corporation (Azbil Corporation, Japan); and Weidmüller (Weidmüller, Germany) are among a few major players in the field device management market.
The safety valves market is expected to be valued at USD 4.5 billion in 2019 and is likely to reach USD 5.5 billion by 2024, at a CAGR of 4.30% during the forecast period. Importance of safety valves in industrial processes, increased need from oil & gas, growth in nuclear energy generation are among the key driving factors for the safety valve market. Constant need for safety valve replacement, use of 3D printers in manufacturing lines are among the other factors fueling the growth of the safety valve market. However, the high cost of fabrication can hinder the growth of the safety valve market. A few key players operating in the safety valve market are Emerson (US), Alfa Laval (Sweden), Cameron Schlumberger (US), LESER (Germany), and IMI PLC (UK).
The overall linear motion market is expected to reach USD 4.4 billion by 2024 from USD 3.2 billion in 2018, at a CAGR of 5.3%. Increasing need for quality inspection and automation, reduced time-to-market, and growing demand for miniaturization of electronic devices in the semiconductor industry are a few major driving factors propelling the market growth. The report profiles the most promising players in the linear motion market. The competitive landscape of the market presents an interesting picture of strategies adopted by a large number of players. THK Co., Ltd. (Japan), NSK Ltd. (Japan), HIWIN Technologies Corp. (Taiwan), Nippon Thompson Co., Ltd. (IKO) (Japan), Robert Bosch GmbH (Germany), Schaeffler Technologies AG & Co. KG (Germany), Rockwell Automation Inc. (US), Timken Company (US), Fortive (US), HepcoMotion (UK), and SCHNEEBERGER Group (Switzerland) are few dominant players in the linear motion market.
The overall smart pneumatics market is estimated to grow from USD 3.3 billion in 2018 to USD 4.6 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growth of this market will be propelled by growing awareness about predictive maintenance, penetration of digitization and IIoT, and need for wireless infrastructure to maintain/monitor equipment in plants. Emerson Electric Co. (US), Festo AG & Co. KG (Germany), Parker Hannifin Corporation (US), Bimba Manufacturing Co. (US), Rotork plc (UK), Metso Corporation (Finland), and Thomson Industries, Inc. (US). are the major players operating in this market.
The clean-in-place market is expected to grow from USD 7.5 billion in 2018 to USD 15.4 billion by 2023, at a CAGR of 15.49%. The increased use of CIP systems in the pharma industry to meet the hygiene requirements, and high demand for processed and convenience food and dairy products, as well as for beverages are the key factors driving the growth of the clean-in-place market.
The overall electrostatic precipitator market is expected to grow from USD 5.8 billion in 2018 to USD 7.0 billion by 2023, at a CAGR of 3.97%. Tightening air pollution control regulations, growth in coal-fired power plants, and growing environmental concerns are the key factors driving the growth of this market. Key players in the market include General Electric (US), Mitsubishi Hitachi Power Systems (Japan), Siemens (Germany), Amec Foster Wheeler (UK), Babcock & Wilcox (US), Thermax Global (India), Ducon Technologies (US), Fujian Longking (China), Hamon Group (Belgium), and Trion (US). These players are increasingly undertaking contracts and expansions to increase their market shares.
The industrial vacuum cleaner market is expected to grow from USD 536.9 million in 2018 to USD 681.3 million by 2023, at a CAGR of 4.88%. The use of industrial cleaning equipment was started in the early 1900s. Earlier, industrial dirt was removed by traditional cleaning methods. Alfred Kaercher GmbH & Co. KG (Germany), Nilfisk A/S (Denmark), and Tennant Company (US) are among the key players in this market. Other companies covered in this report are Comac SpA (Italy), Nederman Holding AB (Sweden), Suiden Co., Ltd. (Japan), Hako GmbH (Germany), Eureka Forbes Limited (India), EXAIR Corporation (US), Diversey, Inc. (Tasky) (US), Numatic International Ltd. (UK), Delfin Industrial Vacuums (Italy), Ruwac Industriesauger GmbH (Germany), Kraenzle (Germany), Sibilia S.r.l. (Italy), American Vacuum Company (US), Debus GmbH (Germany), RGS Vacuum System (Italy), Depureco Industrial Vacuums (Italy), and Ghibli & Wirbel (Italy).
The vibration level switch market is estimated to reach USD 605.5 million by 2018 and USD 833.8 million by 2023, growing at a CAGR of 6.6% during that period. Benefits over other point level measurement technologies, growing demand in pharmaceuticals and food & beverages industries, and emphasis on safety of overfill protection systems are the key factors driving the market’s growth. The market has been segmented based on technology, application, industry, and region. The vibration level switch market was dominated by key players such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA Grieshaber (Germany), KROHNE (Germany), and Siemens (Germany).
According to MarketsandMarkets, the AGV software market is expected to grow from USD 540.2 million in 2018 to USD 1,046.4 million by 2023, at a CAGR of 14.14% from 2018 to 2023. Major factors driving the growth of the AGV market include the rising demand for automation across different industries, globalization of supply chain networks, and increasing adoption of on-cloud warehouse management system (WMS) solutions. KION Group (Germany), KUKA (Germany), Toyota Industries (Japan), JBT Corporation (US), Oceaneering International (US), Kollmorgen (US), Murata Machinery (Japan), BA Systemes (France), Transbotics (US), and Götting (Germany) are a few major players in the global AGV software market.
The radar level transmitter market is estimated to be worth USD 428.0 million by 2018 reach USD 581.2 million by 2023, growing at a CAGR of 6.3% during the forecast period. Benefits of high accuracy, reliability, and stability offered by radar level transmitters; increasing demand for radar level transmitter in the water & wastewater industry; and growing emphasis on optimum utilization and efficiency of assets are the key factors driving the market’s growth. The market has been segmented based on technology, frequency range, application, industry, and region. The radar level transmitter market was dominated by the key players such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA Grieshaber (Germany), Siemens (Germany), and KROHNE (Germany).
The hydronic control market is estimated to grow from USD 32.40 billion in 2018 to USD 37.70 billion by 2023, at a CAGR of 3.1% from 2018 to 2023. The growth of the market is driven by the need for efficient use of energy in buildings, the emergence of the construction market, and the trend of automation in commercial, industrial, and residential sectors in developing countries. Governments across the world adopt various policies related to energy consumption to make energy-efficient buildings. The implementation of various standards requires the use of efficient hydronic controls as these systems sense the surrounding environment and accordingly operates the hydronic system to provide appropriate heating and cooling of water using minimum energy. Therefore, the increasing demand for efficient use of energy in buildings is driving the market for hydronic controls. The hydronic control market has been segmented into equipment, installation type, sector, and region. Major players operating in the hydronic control market include Siemens (Germany), Danfoss (Denmark), Johnson Controls (Ireland), Honeywell (US), Schneider Electric (France), IMI plc (UK), Belimo (Switzerland), Giacomini (Italy), Caleffi (Italy), Flamco (Netherlands), Armstrong (US), Oventrop (Germany), Reflex (Germany), Spirotech (Netherlands), and Xylem (US).
The fire suppression market is estimated to be worth USD 22.97 billion in 2018 and is projected to reach USD 29.13 billion by 2023, at a CAGR of 4.87% between 2018 and 2023. Key factors such as technological advancements and innovations in the construction industry; increasing policies, regulations, and government mandates; and increased damage to human life and property due to fire breakouts are driving the fire suppression market growth. The fire suppression market has been segmented on the basis of suppression reagent, product, sector, and geography. Major companies in the fire suppression market are Johnson Controls (Ireland), United Technologies (US), Robert Bosch (Germany), Siemens (Germany), Halma (UK), Hochiki (Japan), Firefly (Sweden), Minimax Viking (Germany), Honeywell (US), and S&S Fire Suppression Systems (US). Key innovators in the market are EMS Security Group (UK), Electro Detectors (UK), Napco Security Technologies (US), Fike (US), and Gentex (US). Other key players are Noha Norway (Norway), Sterling Safety Systems (UK), FireProTec (US), Fire Suppression Limited (UK), and Encore Fire Protection (US).
The overall gas phase filtration market is to grow from USD 1.73 billion in 2018 to USD 2.17 billion by 2023, at a CAGR of 4.55%. The growth of this market is driven by the awareness of the impact of poor indoor and outdoor air quality on human health and need for clean air, high emphasis on filtration of corrosive, toxic, and odor-generating gases in industries, and implementation of strict government regulations to protect environment and developments in the gas phase filtration ecosystem through organic and inorganic growth strategies such as agreements, contracts, joint ventures, product launches and developments, acquisitions, and expansions. Major players operating in this market are Camfil (Sweden), American Air Filter (AAF) Company (US), Donaldson Company (US), Freudenberg (Germany), Clarcor (Parker Hannifin Corporation) (USA), Bry-Air (Asia) (India), Purafil (US), Circul-Aire (Canada), Kinberley-Clark (US), and Promark Associates (USA).
The automatic lubrication system market is expected to grow from USD 769.4 million in 2018 to USD 958.5 million by 2023, at a CAGR of 4.5% between 2018 and 2023. Key factors driving the growth of the automatic lubrication system market include reduction in machine downtime associated with manual lubrication, effective lubrication with automatic lubrication systems, increasing focus on worker safety, and rising labor costs. Major players in the automatic lubrication system market are SKF (Sweden), Graco (US), BAIER + KOEPPEL (Germany), Timken (US), and Bijur Delimon (US).
The silica analyzer market is estimated to grow from USD 106.1 million in 2018 to USD 139.6 million by 2023, at a CAGR of 5.66% between 2018 and 2023. Among many potential impurities in the steam cycle, silica plays a vital role because the solubility of silica in steam directly depends on the density and temperature of the steam. Any minor deviation of silica concentration on a power plant can have serious and expensive consequences in relation to performance, reliability, efficiency, and safety. The growth of this market is propelled by the significance of accurate silica measurement in steam/water for optimizing power plant efficiency. Hach (US), ABB (Switzerland), Thermo Fisher Scientific (US), Mettler Toledo (Switzerland), HORIBA (Japan), NIKKISO (Japan), Swan Analytical Instruments (Switzerland), SPX Flow (US), DKK TOA (Japan), Waltron Group (US), Dr.Thiedig (Germany), Electro-Chemical Devices (US), Shanghai Boqu Instrument (China), KNTEC (South Korea), HKY Technology (China), and Omicron Sensing (US) are a few major companies in this market.
The postal automation system market is expected to grow from USD 753.3 Million in 2018 to USD 1,022.2 Million by 2023, at a CAGR of 6.30% between 2018 and 2023. Factors that are driving the growth of the market include growth in e-commerce industry, increasing need for automated sorting and delivery processes in the postal industry, and rising labor costs. However, the declining volume of traditional mails, along with high initial investments and maintenance costs, is hindering the growth of the market. Evolution of traditional postal operations into smart, connected, and more efficient automated postal operations through the integration of Industry 4.0 practices provides growth opportunities for vendors in the postal automation system market. The postal automation system market has been segmented on the basis of component, application, technology, and region. The postal automation system market was dominated by key players such as Siemens (Germany), Toshiba (Japan), NEC (Japan), SOLYSTIC (France), Pitney Bowes (US), Vanderlande (Japan), Fives Group (France), Leonardo (Italy), Lockheed Martin (US), and Beumer Group (US).
The overall automated container terminal market is estimated to grow from USD 9.09 Billion in 2018 to USD 10.89 Billion by 2023, at a CAGR of 3.7% between 2018 and 2023. The growth of this market is being driven by the growing demand for large container ships, increasing labor cost in developed nations, and growing competition among container terminals. Cargotec (Finland) , Konecranes (Finland), ZPMC (China), Liebherr (Switzerland), ABB (Switzerland), Künz (Austria), CyberLogitec (South Korea), IDENTEC SOLUTIONS (Austria), Camco Technologies (Belgium), and ORBCOMM (US) are the major players operating in this market.
The intelligent pigging market is estimated to grow from USD 570.8 Million in 2018 and is expected to reach USD 717.9 Million by 2023, at a CAGR of 4.69% between 2018 and 2023. The growth of this market is propelled by the government mandates and regulations for pipeline inspections, benefits of intelligent pigging solutions, and concern about the safety of pipelines and energy infrastructure. Baker Hughes (US), ROSEN Group (Germany), T.D. Williamson (US), Onstream Pipeline Inspection (Canada), NDT Global (Ireland), Enduro Pipeline Services (US), Intertek Group (UK), Dacon Inspection Services (Thailand), LIN SCAN (UAE), and Applus (Spain) are some major companies in this market.
The computer vision market is expected to grow from USD 10.9 billion in 2019 to USD 17.4 billion by 2024—growing at a CAGR of 7.8% during the forecast period. Major factors driving the market growth include increasing need for quality inspection and automation, growing demand for vision-guided robotic systems, rising demand for application- specific computer vision systems. Key players in the computer vision market include Cognex Corporation (US), Basler (Germany), Omron Corporation (Japan), KEYENCE CORPORATION (Japan), National Instruments (US), Sony Corporation (Japan), Teledyne Technologies, Inc. (US), Allied Vision Technologies (Germany), Texas Instruments, Inc. (US), Intel Corporation (US), Baumer Optronic (Germany), and JAI A/S (Denmark), MediaTek, Inc. (Taiwan), Cadence Design Systems, Inc. (US), CEVA, Inc. (US), and Synopsys, Inc. (US)
The industrial lifting equipment market was valued at USD 61.37 Billion in 2017 and is expected to reach USD 79.73 Billion by 2023, growing at a CAGR of 4.51% during the forecast period. Increasing demand for lifting loads in the shipping industry, growing demand for forklifts in warehouse and logistics segment, and rising demand for cranes and hoists in the mining industry are the key driving factors for the market growth. The industrial lifting equipment market was dominated by the key players such as Liebherr (Switzerland), Toyota Industries (Japan), KION Group (Germany), Terex (US), Columbus McKinnon (US), Linamar (Canada) and Oshkosh (US), KITO (Japan), Cargotec (Finland), Konecranes (Finland), Manitowoc (US), Hyster-Yale Materials Handling (US), Tadano (Japan), Ingersoll Rand (Ireland), Mammoet (Netherlands), ZPMC (China), XCMG (China), and Zoomlion (China).
The PC-based automation market is expected to be valued at USD 29.92 Billion in 2018 and is likely to reach USD 38.01 Billion by 2023, at a CAGR of 4.9% between 2018 and 2023. The growth of this market can be attributed to the evolution of IIoT and increasing demand for smart automation solutions, growing emphasis on regulatory compliances, and increasing need for efficient monitoring in manufacturing plants. ABB (Switzerland), Advantech (Japan), Beckhoff Automation (Germany), Emerson Electric (US), General Electric (US), Honeywell (US), IDEC (Japan), Kontron S&T (Germany), Mitsubishi Electric (Japan), OMRON (Japan), Robert Bosch (Germany), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), and Yokogawa Electric (Japan) are some of the key players in the PC-based automation market.
The pick to light market was valued at USD 304.1 Million in 2016 and is expected to reach USD 538.2 Million by 2023, at a CAGR of 8.84% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the pick to light market based on method, power source, operation, industry, and region. The report provides detailed information regarding the major factors influencing the growth of the pick to light market. The report also gives a detailed overview of the value chain in the ecosystem of pick to light and analyzes the market trends based on the competitive leadership analysis. The pick to light market is dominated by various players according to their core competencies. Key players in this market are Daifuku (Japan), Murata Machinery (Japan), SSI Schaefer (Germany), Dematic (US), and Honeywell Intelligrated (US).
The flue gas analyzer market is estimated to be worth USD 576.2 Million in 2017 and is expected to reach USD 814.2 Million by 2023, at a CAGR of 5.93% between 2017 and 2023. The growth of this market is propelled by the rise in the demand for environmental protection, stringent environmental and legal regulations, and increase in health and safety concerns. ABB (Switzerland), SICK (Germany), Teledyne Analytical Instruments (US), Emerson (US), AMETEK (US), HORIBA (Japan), California Analytical Instruments (US), Environnement (France), Testo (Germany), Nova Analytical Systems (US), Dragerwerk (Germany), Thermo Fisher Scientific (US), and Siemens (Germany) are some major companies in this market
The Total Organic Carbon (TOC) analyzer market was valued at USD 828.1 Million in 2016 and is expected to reach USD 1,286.4 Million, at a CAGR of 6.3% during the forecast period from 2017 to 2023. The major players operating in this market include General Electric Company (US), Shimadzu Corporation (Japan), Mettler-Toledo International Inc. (Canada), Hach Company (US), LAR Process Analysers AG. (Germany), Teledyne Tekemar Company Inc. (US), Xylem, Inc. (US), Endress+Hauser Management AG (Germany), ELTRA GmbH (Germany), Metrohm AG (Switzerland), Elementar Analysensysteme GmbH (Germany), and Skalar Analytical B.V. (Netherlands).
The fluid handling system market is projected to be valued at USD 73.28 Billion by 2023, growing at a CAGR of 4.8% between 2017 and 2023. The growth of this market is propelled by the increasing demand for different types of pumps in the oil and gas industry, high demand for advanced systems in the chemical and wastewater management industries, and increased focus on plant automation. Alfa Laval AB (Sweden), Colfax Corporation (US), Crane Co. (US), Flowserve Corporation (US), and Graco Inc. (US) are among the leading players in the fluid handling system market. Other key players in the fluid handling system market include Bürkert GmbH & Co. KG (Germany), Dover Corporation (US), INDEX Corporation (US), Ingersoll-Rand plc (Ireland), and SPX Flow, Inc. (US).
The terminal management system (TMS) market was valued at USD 725.5 Million in 2016 and is expected to reach USD 1,097.7 Million by 2023, at a CAGR of 5.94% between 2017 and 2023. The increased use of integrated safety and security solutions, which enhance the level of automation at terminals, is a driving factor for this market.
The terminal automation market was valued at USD 3.82 Billion in 2016 and is expected to reach USD 5.21 Billion by 2022, at a CAGR of 5.15% between 2017 and 2022. The growing demand for environmentally cleaner fuels has resulted in the increased adoption of natural gas, which acts as a driving factor for the terminal automation market.
The packaging automation solution market was valued at USD 28.39 Billion in 2015 and is expected to reach USD 52.42 Billion by 2022, growing at a CAGR of 8.68% during the forecast period. The increasing adoption of automation solutions across various industries, increasing need for supply chain integration, and reduction in labor costs are the major drivers for the packaging automation solution market.
The immersive simulator market is estimated to be worth USD 11.44 Billion by 2022, at a CAGR of 35.13% between 2016 and 2022. The growth of this market is majorly driven by the increasing applications in the medical industry, risk mitigation in oil and gas industries through training in immersive simulator, and ability to transfer knowledge quickly through training in immersive simulator
The rising need for enhanced operational efficiency, intensifying competitive scenario among manufacturers, and growing supplier complexity are the key factors that influence the enterprise manufacturing intelligence market. The enterprise manufacturing intelligence (EMI) market is estimated to be valued at USD 1.53 Billion in 2016 and is expected to register a CAGR of 17.1%, to reach USD 3.95 Billion by 2022.
The increasing automation of industrial processes, demand for compact automation solutions, and widespread adoption of IoT connectivity are the key influencing factors of the micro and nano PLC market. The micro and nano PLC market was valued at USD 5.58 Billion in 2015 and is expected to at a CAGR of 6.9% between 2016 and 2022. The base year considered for study is 2015 and the forecast period is between 2016 and 2022. The objective of the report is to provide a detailed analysis of the micro and nano PLC market based on type, offering, architecture, industry, and geography.
The compressor control systems market is expected to grow at a CAGR of 4.7% between 2016 and 2022, from USD 4.60 Billion in 2015 to USD 6.39 Billion by 2022. The compressor control systems market has a high growth potential in various applications; however, those in industries such as oil & gas, refining, and petrochemical has been remarkable, and this is one of the prime drivers, owing to which the market is emerging globally. Some other industries such as power generation, metals & mining, fertilizers, automobile, and cement are also expected to be large application areas for the compressor control systems market in the near future.