The
inside picture of a typical manufacturing industry only some decades
back showcased a huge array of human operators and some giant
machines. Now, technological advancements have allowed us to replace
the human involvement in many allied processes of a typical
manufacturing unit by virtue of industrial control and robotic
machines and devices.
Industrial
controls and robotics refer to electronic and technologically
advanced equipment capable of automating various industrial processes
by virtue of computers and software products for controlling
machines, peripheral devices and the surrounding environment in a
typical manufacturing unit of an industry.
In
fact, the proportion of replacement of automation units is so high
across various industries these days that it is hard to imagine how
industries operated without all the automation and control systems
some time back.
Browse
Full Industrial Controls and Robotics Market Research Report With
Complete TOC @
http://www.transparencymarketresearch.com/industrial-robotics-market.html
The
use of control systems and robotic product has allowed the mankind to
manufacture high quality products in bulk within much less time and
at lesser costs.
There
is no denying the fact that automated control systems and robotic
machines require high initial purchase and set-up costs. But once
these costs are covered, such devices prove to be good investments as
they have longer running times and better life than human operators.
Also, automation brings with it a lot of precision and excellent
quality. These are the reasons why global demand for industrial
automation and robotic systems is constantly rising throughout the
world.
Market
Overview in Terms of Numbers:
Market
analysts state that the global market of industrial controls and
robotics market could amass a market value of an estimated USD 147.7
Billion by the year 2019. This is if this market observes and
year-on-year growth at the CAGR of 5.6% from 2013 to 2019 according
to a forecast by US based market research firm Transparency Market
Research.
This
is not difficult though. The world of consumer product manufacturing
is at the peak of growth. The cost of manufacturing is getting
reduced due to automation, manufacturing in bulk is becoming a
reality, and features such as efficiency and precision in the final
products are easily achievable these days. This picture has further
improved by the global rise in consumer spending for high-end luxury
items.
Browse
Full Press Release :
http://www.transparencymarketresearch.com/pressrelease/global-industrial-robotics-market.htm
Application
Areas:
The
applications of industrial controls and robotics are enormous. The
rapid change in technologies has allowed even more rise in the number
of application areas for control and robotic systems. This is
especially evident in power generation and automotive industries
where the time required for the manufacturing of the end product,
such as a unit of electricity in a power plant or a car in an
automotive company, is reduced to such amounts that time required by
manual processes do not even come slightly close to it. It should be
noted that a fully automated car manufacturing unit can manufacture a
complete car within a minute.
Other
industries that benefit enormously from industrial controls and
robotics are Pharmaceuticals, Semiconductors, Food processing,
Printing, Oil and Gas, Mining, Plastics, Chemicals and Packaging.
Demand
for industrial control and robotic products is currently high from
the automotive, power generation and chemical industry. However, in
the future, demand from the Semiconductor and Pharmaceutical
industries is expected to have the largest growth rates in the coming
future.
Geography
Wise Demand:
Geography
wise, the regions of North and South America pose as the greatest
revenue generator of this market in current times but the market has
good growth opportunities in regions such Asia Pacific owing to the
heavy investment in power industry from these regions in the past few
years. China, especially, which is the world’s highest consumer of
electricity, possesses enormous opportunities for the industry of
industrial control and robotics to flourish.
Request
a Sample of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3187
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
No comments:
Post a Comment