Machine Automation Controller Market size was valued at USD 37.8 billion in 2023 and is expected to grow to USD 61 billion by 2031 and grow at a CAGR of 6.15 % over the forecast period of 2024-2031
The market is divided into IP65, IP20, and others according on form factor. The IP65-rated controller protects against liquids, dust, and solid objects. In 2022, P65 had the greatest revenue share in the global market. This can be ascribed to increased demand for IP65 certified machine automation controllers in a variety of end-use sectors as a result of increased requirements to protect exterior components such as flat panel displays from dust and moisture. Oil & gas, food & drinks, energy & power, chemicals, automotive, pharmaceuticals, metals & mining, aerospace & military, pulp & paper, semiconductors & electronics, Medical Devices, and others are the application segments of the market. In 2021, the energy and power category will have the greatest revenue share in the global market. Rising use of modern and automated technologies in power distribution sectors, as well as the growing need to meet rising demand for electricity production, are some of the primary reasons driving revenue growth in this category.
Technological advances and the development of new products capable of combining IoT, cloud, and other technologies are likely to positively impact market growth from 2021 to 2026. Distributed Control Systems (DCS) are increasingly being used by industries to reduce installation costs and improve remote monitoring capabilities. One of the primary market drivers is the increasing acceptance of DCS.
Increased global need for energy and renewable electricity
Growing need for energy as a result of the world's rapidly expanding population is driving considerable growth in the machine automation controller industry. Increasing exploration and production operations for oil and gas extraction from offshore fields to meet rising consumer demand is another element boosting demand for machine automation controllers, and this is projected to fuel market expansion in the future. Furthermore, the increasing use of machine automation controllers in power distribution sectors is likely to drive market expansion throughout the forecast period.
RESTRAIN:
High capital investment
The deployment of complex machine automation controllers necessitates a large initial capital expenditure, which may be out of reach for some small and medium-sized businesses. Furthermore, machine automation controllers are made up of various components, and detecting system failure is challenging and increases downtime, which is projected to impede market growth to some level over the forecast period.
OPPORTUNITY:
Increasing demand for machine control platform
There is an increasing demand for modular IPC, PC-based machine control platforms, which has resulted in the establishment of thousands of data centers throughout the world. Because of the rapid expansion in computing technology across industries to deliver real-time solutions. According to the survey, the number of data centers owned and operated by cloud service providers, data-centre landlords, and other technology companies worldwide climbed to roughly 9,100 in 2019 from 7,500 in 2018. It is projected that the number of data centres will exceed 10,000 by 2020.
CHALLENGES:
Designing options of Ergonomic and lightweight machine control system
Machine control systems must be small and lightweight in order to be readily transported and utilised. The tiny size allows workers to perform a variety of activities, and the precision of the machine control systems improves. The main issue is that machine control systems are robustly constructed; even cordless power tools have battery slots, making them large and difficult to transport.
IMPACT OF RUSSIAN UKRAINE WAR
The growing oil and gas costs, along with the geopolitical dangers posed by the conflict, are certain to disrupt global supply chains, particularly in the energy-intensive logistics sectors. The war, the black seaport, along with numerous other channels, became inoperable, halting the supply of a variety of items and commodities such as transportation equipment, machinery, electronics, metals, chemicals, fertilizers, and food products. The European Union has also been grappling with the scarcity of these energy sources, as well as the dramatic rise in pricing. The EU imports a major portion of its energy from Russia. It also relies on Russia for 35% of its natural gas imports, 20% of its crude oil imports, and 40% of its coal imports. The spike in oil and gas costs is having a devastating worldwide impact. Organizations participating in supply chain activities must actively manage risks and lessen the impact of rising pricing and energy costs. Due to container constraints, the dispute has resulted in a large surge in one-way pickup rates in India, wreaking havoc on the peak shipping season. A flood of cancelled orders and delayed shipments has caused port congestion in the United States. Cargoes are being diverted away from the US West Coast, and the number of container ships anchored off the coasts of Savannah and Houston is increasing shortages.
IMPACT OF ONGOING RECESSION
Automation and a new division of labor between humans and machines will disrupt 85 million jobs in medium and big firms across 15 industries and 26 economies by 2025. Roles such as data entry, accounting, and administrative assistance are becoming less in demand as workplace automation and digitization expand. More than 80% of corporate executives are speeding up plans to digitize work processes and use new technology, and 50% of employers anticipate hastening the automation of some functions in their organizations. In contrast to recent years, job creation has slowed while job destruction has increased. According to the survey, 43% of organizations aim to reduce their personnel due to technology integration, 41% want to increase their usage of contractors for task-specific labor, and 34% plan to increase their workforce owing to technology integration. Employers will distribute work equally between humans and machines by 2025. Human-skilled roles will be in higher demand. Machines will mostly be employed for information and data processing, administrative activities, and routine physical labor in both white-collar and blue-collar jobs.
By Controller Type
Distributed Control System (DCS)
Programmable Logic Controller (PLC)
Industrial PC (IPC)
By Form Factor
IP65
1P20
Others (P40, IP67, and IP69K)
By Industry
Oil & Gas
Energy & Power
Food & Beverages
Chemicals
Pharmaceuticals
Metals & Mining
Pulp & Paper
Automotive
Aerospace & Defense
Semiconductor & Electronics
Medical Devices
Others (Water & Wastewater)
North America had the greatest revenue share in the global market. This can be ascribed to the region's strong presence of significant market participants, constant focus on technological improvements, and rapidly expanding demand for consumer electronic goods.
Over the projection period, Asia Pacific market revenue is expected to grow at a quick CAGR and account for 24.4% of global market revenue. Growing manufacturing unit expansion across various industries such as automotive, chemicals, semiconductors & electronics, and food & beverages is a key factor driving market growth in this area.
Europe is predicted to experience considerable consistent revenue growth over the forecast period as an increasing adoption of industrial automation in numerous industries, as well as rising need for energy and to meet industrial power requirements. Over the forecast period, the Middle East and Africa market is expected to develop at a moderate rate.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of key players of Machine Automation Controller Market are Emerson (US), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Yokogawa (Japan), Advantech (Taiwan), Omron (Japan), Delta Electronics (Taiwan), Mitsubishi Electric (Japan), Rockwell Automation (US), Kollmorgen (US), Robert Bosch (Germany), Honeywell (US), Beckhoff Automation (Germany), Kontron (Germany) and other player are listed in a final report.
Emerson (US), ABB (Switzerland)-Company Financial Analysis
At Hannover Messe in April 2023, Emerson will showcase innovative, discrete automation solutions from the factory floor to the cloud. Visitors to Hall 6, Stand C57, can see ASCO, AVENTICS, Branson, Movicon, PACEdge, and PACSystems' Discrete Automation portfolios, as well as CoreTigo solutions. Emerson professionals will demonstrate how to access and exploit important data from their machines, production lines, or entire manufacturing plant. Throughout the Hannover Messe, Emerson will have the following booths: Emerson Hydrogen - Hall 13, Booth D36 Emerson Employer Branding - Convention Center, Aisle CoreTigo
Banner Engineering Corp. launches the ZMX series 3D time of flight sensor in June 2023, which provides a single sensor for volume monitoring. Banner Engineering Corp. will release the K100 Pro in March 2023.
Banner Engineering Corp. will launch the K100 Pro Beacon series in March 2023, with two 100mm models: Pro Daylight Visible and Pro Indicator for advanced indication applications. The KI00 Pro Daylight Visible variant has a clear lens for visibility even in direct sunshine and an IP66 rating, making it suited for most outdoor applications. It comes with three different color options for indication and operator direction.
| Report Attributes | Details |
|
Market Size in 2023 |
US$ 37.8 Bn |
|
Market Size by 2031 |
US$ 61 Bn |
|
CAGR |
CAGR of 6.15 % From 2024 to 2031 |
|
Base Year |
2022 |
|
Forecast Period |
2024-2031 |
|
Historical Data |
2020-2021 |
|
Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
|
Key Segments |
By Controller Type (Distributed Control System (DCS), Programmable Logic Controller (PLC), Industrial PC (IPC)), By Form Factor (IP65, 1P20, Others (P40, IP67, and IP69K)) By Industry (Oil & Gas, Energy & Power, Food & Beverages, Chemicals, Pharmaceuticals, Metals & Mining, Pulp & Paper, Automotive, Aerospace & Defense, Semiconductor & Electronics, Medical Devices, Others (Water & Wastewater)) |
|
Regional Analysis/Coverage |
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
|
Company Profiles |
Emerson (US), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Yokogawa (Japan), Advantech (Taiwan), Omron (Japan), Delta Electronics (Taiwan), Mitsubishi Electric (Japan), Rockwell Automation (US), Kollmorgen (US), Robert Bosch (Germany), Honeywell (US), Beckhoff Automation (Germany), Kontron (Germany) |
|
Market Drivers |
•Increased global need for energy and renewable electricity |
|
Market Restrain |
• High capital investment |
Machine Automation Controller Market is anticipated to expand by 6.15 % from 2024 to 2031.
Machine Automation Controller Market size was valued at USD 37.8 billion in 2023
Ans: High capital investment
Increasing demand for machine control platform
North America is dominating the Smart Light Control Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Machine Automation Controller Market Segmentation, By Controller Type
8.1 Distributed Control System (DCS)
8.2 Programmable Logic Controller (PLC)
8.3 Industrial PC (IPC)
9. Machine Automation Controller Market Segmentation, By Form Factor
9.1 IP65
9.2 1P20
9.3 Others (P40, IP67, and IP69K)
10. Machine Automation Controller Market Segmentation, By Industry
10.1 Oil & Gas
10.2 Energy & Power
10.3 Food & Beverages
10.4 Chemicals
10.5 Pharmaceuticals
10.6 Metals & Mining
10.7 Pulp & Paper
10.8 Automotive
10.9 Aerospace & Defense
10.10 Semiconductor & Electronics
10.11 Medical Devices
10.12 Others (Water & Wastewater)
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Machine Automation Controller Market by Country
11.2.2North America Machine Automation Controller Market by Controller Type
11.2.3 North America Machine Automation Controller Market by Form Factor
11.2.4 North America Machine Automation Controller Market by Industry
11.2.5 USA
11.2.5.1 USA Machine Automation Controller Market by Controller Type
11.2.5.2 USA Machine Automation Controller Market by Form Factor
11.2.5.3 USA Machine Automation Controller Market by Industry
11.2.6 Canada
11.2.6.1 Canada Machine Automation Controller Market by Controller Type
11.2.6.2 Canada Machine Automation Controller Market by Form Factor
11.2.6.3 Canada Machine Automation Controller Market by Industry
11.2.7 Mexico
11.2.7.1 Mexico Machine Automation Controller Market by Controller Type
11.2.7.2 Mexico Machine Automation Controller Market by Form Factor
11.2.7.3 Mexico Machine Automation Controller Market by Industry
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Machine Automation Controller Market by Country
11.3.1.2 Eastern Europe Machine Automation Controller Market by Controller Type
11.3.1.3 Eastern Europe Machine Automation Controller Market by Form Factor
11.3.1.4 Eastern Europe Machine Automation Controller Market by Industry
11.3.1.5 Poland
11.3.1.5.1 Poland Machine Automation Controller Market by Controller Type
11.3.1.5.2 Poland Machine Automation Controller Market by Form Factor
11.3.1.5.3 Poland Machine Automation Controller Market by Industry
11.3.1.6 Romania
11.3.1.6.1 Romania Machine Automation Controller Market by Controller Type
11.3.1.6.2 Romania Machine Automation Controller Market by Form Factor
11.3.1.6.4 Romania Machine Automation Controller Market by Industry
11.3.1.7 Turkey
11.3.1.7.1 Turkey Machine Automation Controller Market by Controller Type
11.3.1.7.2 Turkey Machine Automation Controller Market by Form Factor
11.3.1.7.3 Turkey Machine Automation Controller Market by Industry
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Machine Automation Controller Market by Controller Type
11.3.1.8.2 Rest of Eastern Europe Machine Automation Controller Market by Form Factor
11.3.1.8.3 Rest of Eastern Europe Machine Automation Controller Market by Industry
11.3.2 Western Europe
11.3.2.1 Western Europe Machine Automation Controller Market by Controller Type
11.3.2.2 Western Europe Machine Automation Controller Market by Form Factor
11.3.2.3 Western Europe Machine Automation Controller Market by Industry
11.3.2.4 Germany
11.3.2.4.1 Germany Machine Automation Controller Market by Controller Type
11.3.2.4.2 Germany Machine Automation Controller Market by Form Factor
11.3.2.4.3 Germany Machine Automation Controller Market by Industry
11.3.2.5 France
11.3.2.5.1 France Machine Automation Controller Market by Controller Type
11.3.2.5.2 France Machine Automation Controller Market by Form Factor
11.3.2.5.3 France Machine Automation Controller Market by Industry
11.3.2.6 UK
11.3.2.6.1 UK Machine Automation Controller Market by Controller Type
11.3.2.6.2 UK Machine Automation Controller Market by Form Factor
11.3.2.6.3 UK Machine Automation Controller Market by Industry
11.3.2.7 Italy
11.3.2.7.1 Italy Machine Automation Controller Market by Controller Type
11.3.2.7.2 Italy Machine Automation Controller Market by Form Factor
11.3.2.7.3 Italy Machine Automation Controller Market by Industry
11.3.2.8 Spain
11.3.2.8.1 Spain Machine Automation Controller Market by Controller Type
11.3.2.8.2 Spain Machine Automation Controller Market by Form Factor
11.3.2.8.3 Spain Machine Automation Controller Market by Industry
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Machine Automation Controller Market by Controller Type
11.3.2.9.2 Netherlands Machine Automation Controller Market by Form Factor
11.3.2.9.3 Netherlands Machine Automation Controller Market by Industry
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Machine Automation Controller Market by Controller Type
11.3.2.10.2 Switzerland Machine Automation Controller Market by Form Factor
11.3.2.10.3 Switzerland Machine Automation Controller Market by Industry
11.3.2.11.1 Austria
11.3.2.11.2 Austria Machine Automation Controller Market by Controller Type
11.3.2.11.3 Austria Machine Automation Controller Market by Form Factor
11.3.2.11.4 Austria Machine Automation Controller Market by Industry
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Machine Automation Controller Market by Controller Type
11.3.2.12.2 Rest of Western Europe Machine Automation Controller Market by Form Factor
11.3.2.12.3 Rest of Western Europe Machine Automation Controller Market by Industry
11.4 Asia-Pacific
11.4.1 Asia-Pacific Machine Automation Controller Market by Country
11.4.2 Asia-Pacific Machine Automation Controller Market by Controller Type
11.4.3 Asia-Pacific Machine Automation Controller Market by Form Factor
11.4.4 Asia-Pacific Machine Automation Controller Market by Industry
11.4.5 China
11.4.5.1 China Machine Automation Controller Market by Controller Type
11.4.5.2 China Machine Automation Controller Market by Industry
11.4.5.3 China Machine Automation Controller Market by Form Factor
11.4.6 India
11.4.6.1 India Machine Automation Controller Market by Controller Type
11.4.6.2 India Machine Automation Controller Market by Form Factor
11.4.6.3 India Machine Automation Controller Market by Industry
11.4.7 Japan
11.4.7.1 Japan Machine Automation Controller Market by Controller Type
11.4.7.2 Japan Machine Automation Controller Market by Form Factor
11.4.7.3 Japan Machine Automation Controller Market by Industry
11.4.8 South Korea
11.4.8.1 South Korea Machine Automation Controller Market by Controller Type
11.4.8.2 South Korea Machine Automation Controller Market by Form Factor
11.4.8.3 South Korea Machine Automation Controller Market by Industry
11.4.9 Vietnam
11.4.9.1 Vietnam Machine Automation Controller Market by Controller Type
11.4.9.2 Vietnam Machine Automation Controller Market by Form Factor
11.4.9.3 Vietnam Machine Automation Controller Market by Industry
11.4.10 Singapore
11.4.10.1 Singapore Machine Automation Controller Market by Controller Type
11.4.10.2 Singapore Machine Automation Controller Market by Form Factor
11.4.10.3 Singapore Machine Automation Controller Market by Industry
11.4.11 Australia
11.4.11.1 Australia Machine Automation Controller Market by Controller Type
11.4.11.2 Australia Machine Automation Controller Market by Form Factor
11.4.11.3 Australia Machine Automation Controller Market by Industry
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Machine Automation Controller Market by Controller Type
11.4.12.2 Rest of Asia-Pacific Machine Automation Controller Market by Form Factor
11.4.12.3 Rest of Asia-Pacific Machine Automation Controller Market by Industry
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Machine Automation Controller Market by Country
11.5.1.2 Middle East Machine Automation Controller Market by Controller Type
11.5.1.3 Middle East Machine Automation Controller Market by Form Factor
11.5.1.4 Middle East Machine Automation Controller Market by Industry
11.5.1.5 UAE
11.5.1.5.1 UAE Machine Automation Controller Market by Controller Type
11.5.1.5.2 UAE Machine Automation Controller Market by Form Factor
11.5.1.5.3 UAE Machine Automation Controller Market by Industry
11.5.1.6 Egypt
11.5.1.6.1 Egypt Machine Automation Controller Market by Controller Type
11.5.1.6.2 Egypt Machine Automation Controller Market by Form Factor
11.5.1.6.3 Egypt Machine Automation Controller Market by Industry
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Machine Automation Controller Market by Controller Type
11.5.1.7.2 Saudi Arabia Machine Automation Controller Market by Form Factor
11.5.1.7.3 Saudi Arabia Machine Automation Controller Market by Industry
11.5.1.8 Qatar
11.5.1.8.1 Qatar Machine Automation Controller Market by Controller Type
11.5.1.8.2 Qatar Machine Automation Controller Market by Form Factor
11.5.1.8.3 Qatar Machine Automation Controller Market by Industry
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Machine Automation Controller Market by Controller Type
11.5.1.9.2 Rest of Middle East Machine Automation Controller Market by Form Factor
11.5.1.9.3 Rest of Middle East Machine Automation Controller Market by Industry
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Machine Automation Controller Market by Controller Type
11.5.2.3 Africa Machine Automation Controller Market by Form Factor
11.5.2.4 Africa Machine Automation Controller Market by Industry
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Machine Automation Controller Market by Controller Type
11.5.2.5.2 Nigeria Machine Automation Controller Market by Form Factor
11.5.2.5.3 Nigeria Machine Automation Controller Market by Industry
11.5.2.6 South Africa
11.5.2.6.1 South Africa Machine Automation Controller Market by Controller Type
11.5.2.6.2 South Africa Machine Automation Controller Market by Form Factor
11.5.2.6.3 South Africa Machine Automation Controller Market by Industry
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Machine Automation Controller Market by Controller Type
11.5.2.7.2 Rest of Africa Machine Automation Controller Market by Form Factor
11.5.2.7.3 Rest of Africa Machine Automation Controller Market by Industry
11.6 Latin America
11.6.1 Latin America Machine Automation Controller Market by Country
11.6.2 Latin America Machine Automation Controller Market by Controller Type
11.6.3 Latin America Machine Automation Controller Market by Form Factor
11.6.4 Latin America Machine Automation Controller Market by Industry
11.6.5 Brazil
11.6.5.1 Brazil Machine Automation Controller Market by Controller Type
11.6.5.2 Brazil Machine Automation Controller Market by Form Factor
11.6.5.3 Brazil Machine Automation Controller Market by Industry
11.6.6 Argentina
11.6.6.1 Argentina Machine Automation Controller Market by Controller Type
11.6.6.2 Argentina Machine Automation Controller Market by Form Factor
11.6.6.3 Argentina Machine Automation Controller Market by Industry
11.6.7 Colombia
11.6.7.1 Colombia Machine Automation Controller Market by Controller Type
11.6.7.2 Colombia Machine Automation Controller Market by Form Factor
11.6.7.3 Colombia Machine Automation Controller Market by Industry
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Machine Automation Controller Market by Controller Type
11.6.8.2 Rest of Latin America Machine Automation Controller Market by Form Factor
11.6.8.3 Rest of Latin America Machine Automation Controller Market by Industry
12.Company profile
12.1 Emerson (US)
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 ABB (Switzerland)
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Schneider Electric (France)
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Siemens (Germany)
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Yokogawa (Japan)
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Advantech (Taiwan)
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Omron (Japan)
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Delta Electronics (Taiwan)
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Mitsubishi Electric (Japan)
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Rockwell Automation (US)
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Kollmorgen (US)
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 Robert Bosch (Germany)
12.12.1 Company Overview
12.12.2 Financials
12.12.3 Product/Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View
12.13 Honeywell (US)
12.13.1 Company Overview
12.13.2 Financials
12.13.3 Product/Services Offered
12.13.4 SWOT Analysis
12.13.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Smart Irrigation Market size was valued at USD 1.56 billion in 2023 and is expected to grow to USD 4.65 billion by 2031 and grow at a CAGR of 14.5% over the forecast period of 2024-2031.
The Hybrid Devices Market size was valued at USD 49.13 Bn in 2023 and is expected to reach USD 180.97 Bn by 2031 and grow at a CAGR of 17.7% over the forecast period 2024-2031.
mmWave Sensors and Modules Market Size was valued at USD 0.187 billion in 2023 and is expected to reach USD 1.81 Billion by 2031 and grow at a CAGR of 32.85 % over the forecast period 2024-2031.
The Portable Battery Market size was valued at USD 13.15 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10.4% from 2023 to 2030 and is projected to reach $29.04 billion by 2030.
The Infrared Thermography Market size was valued at USD 442 million in 2022 and is expected to grow to USD 720.59 million by 2030 and grow at a CAGR of 6.3% over the forecast period of 2023-2030.
The Restaurant Delivery Robot Market size was valued at USD 11.2 billion in 2022. It is estimated to hit USD 63.82 billion by 2030 and grow at a CAGR of 24.3% over the forecast period of 2023-2030.
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