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Machine Automation Controller Market share, size 2019 global growth, new updates, trends, opportunities, industry expansion, challenges and forecasts till 2024

A fresh report titled on “Machine Automation Controller Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

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The Machine Automation Controller Market is estimated to grow from US$ 33.7 Billion by 2019 to US$ 41.5 Billion by 2024, at a CAGR of 4.3% during 2019–2024. This report spread across 171 pages, profiling 15 companies and supported with 66 tables and 69 figures is now available in this research.

Topmost Outstanding Market Players:

  • Yokogawa (Japan)
  • ABB (Switzerland)
  • Siemens (Germany)
  • Schneider Electric (France)
  • Emerson (US)
  • Advantech (Taiwan)
  • Honeywell (US)
  • Delta Electronics (Taiwan)
  • Mitsubishi Electric (Japan)
  • Rockwell Automation (US)
  • Omron (Japan)
  • Robert Bosch (Germany)
  • Beckhoff Automation (Germany)
  • Kontron (Germany)
  • Kollmorgen (US)

 

“DCS to witness high growth potential during the forecast period”

The market for DCS is expected to grow at a higher CAGR from 2019 to 2024.Reduced downtime and improved production using optimal resources have resulted in driving the demand for DCS. DCS helps plant operators in improving the effectiveness in operations, optimizing maintenance routines at the plant, and ensuring safety & reliability.

 

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“Energy & power to witness the highest growth rate during the forecast period”

The machine automation controller market for the energy & power industry is expected to grow at the highest CAGR from 2019 to 2024. Increasing energy requirement with the growing population has resulted in the modernization of grids where old grid equipment is being replaced with advanced setups that consist of smart grids, automated substation, and smart meters, among others. The increasing adoption of smart & automated technologies in power distribution is opening new market growth avenues for machine automation controllers.

 

“APAC to be the largest market form a chine automation controllers during the forecast period”

APAC is expected to lead the machine automation controller market, in terms of size, between 2019 and 2024.Factors such as the establishment of manufacturing units of various industries including automotive, chemicals, food & beverages, and semiconductor & electronics; the increasing need to upgrade legacy automation systems; and rising labor rates are driving the growth of the machine automation controller market in the region.

 

Competitive Landscape of Machine Automation Controller Market:

1 Overview

2 Market Ranking Analysis for Machine Automation Controller Manufacturers

3 Competitive Leadership Mapping, 2018

3.1 Visionary Leaders

3.2 Dynamic Differentiators

3.3 Innovators

3.4 Emerging Companies

4 Strength of Product Portfolio

5 Business Strategy Excellence

6 Competitive Situations and Trends

6.1 Product Launches

6.2 Contracts

6.3 Acquisitions

6.4 Agreements, Partnerships, and Joint Ventures

6.5 Expansions

 

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Business News

Field Device Management Market Analysis | By Company Profiles | Size | Share | Growth | Trends and Forecast To 2024

A fresh report titled on “Field Device Management Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

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The Field Device Management Market is projected to grow from US$ 1.3 Billion in 2019 to US$ 1.8 Billion by 2024; it is expected to record a CAGR of 6.7%. This report spread across 157 pages, profiling 10 companies and supported with 67 tables and 57 figures is now available in this research.

Top Companies profiled in the Field Device Management Market:

  • Honeywell(US)
  • ABB (Switzerland)
  • Schneider Electric (France)
  • Siemens (Germany)
  • Emerson (US)
  • Rockwell Automation (US)
  • Yokogawa (Japan)
  • OMRON (Japan)
  • Mitsubishi Electric (Japan)
  • Fanuc (Japan)
  • Metso (Finland)
  • Valmet (Finland)
  • Hamilton Company (US)
  • Phoenix Contact (Germany)
  • Endress+Hauser (Switzerland)
  • Festo (Germany)
  • Omega Engineering (UK)
  • Hach (US)
  • Azbil Corporation (Japan)
  • Weidmüller (Germany)

 

“software segment to witness highest CAGR during forecast period”

Software offerings are expected to dominate the market due to the rising adoption of advanced technologies such as industrial automation, Industry 4.0, and IIoT.  FDM tools offer preventive maintenance management of devices. It helps for classifying and managing device maintenance information such as inspection schedules, inspection memos, and configuration information of devices. Moreover, operation information about field devices can be easily obtained remotely anywhere, which can be used for maintenance tasks

 

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“Based on industries, discrete industry is likely to fastest-growing industry during 2019–2024”

Discrete industries mainly include automotive, manufacturing, and aerospace & defence industries. The significance of information availability from field devices is continuously growing for meeting the demands of competitive and flexible production systems in discrete manufacturing. Discrete industries, particularly automotive and manufacturing, are expected to adopt field device management solutions at a faster rate.

 

Breakdown of primary participants’ profile:

  • By Company Type: Tier 1-54%, Tier 2-28%, and Tier 3-18%
  • By Designation: C-Level Executives-62%, Directors-25%, and Managers-13%
  • By Region: North America-28%, Europe-24%, APAC-38%,and RoW -10%

 

Competitive Landscape of Field Device Management Market:

1 Overview

2 Ranking Analysis of Key Players

2.1 Product Launches and Developments

2.2 Agreements, Partnerships, and Contracts

2.3 Mergers & Acquisitions

2.4 Expansions

3 Competitive Leadership Mapping

3.1 Visionary Leaders

3.2 Dynamic Differentiators

3.3 Innovators

3.4 Emerging Players

 

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Categories
Business News

Motor Soft Starter Market Analysis | By Company Profiles | Size | Share | Growth | Trends and Forecast To 2024

A fresh report titled on “Motor Soft Starter Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Motor Soft Starter Market is projected to reach USD 2.3 Billion by 2024 from an estimated market size of US$ 1.7 Billion in 2019, at a CAGR of 6.0% during the forecast period. This report spread across 176 pages, profiling 20 companies and supported with 111 tables and 48 figures is now available in this research.

Topmost Outstanding Market Players:

  • ABB Ltd. (Switzerland)
  • Schneider Electric SE (France)
  • Siemens AG (Germany)
  • Eaton Corporation PLC (Ireland)
  • Rockwell Automation Inc. (US)
  • WEG (Brazil)

 

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“The low voltage segment is expected to dominate the motor soft starters market in 2019”

The low voltage segment dominated the motor soft starters market in 2018 owing to the extensive adoption of low voltage motors in various industries across the globe. Low voltage motor soft starters are installed mainly in the oil & gas, water & wastewater, power generation, pulp &paper, food & beverage, automobile, oil & gas, and cement industries. They are mostly used in industries to control the initial voltage, to protect the motor against heavy inrush currents at the time of motor start .

 

“The motor soft starters for pump application segment is expected to grow at the highest CAGR from 2019 to 2024“

The motor soft starter market for pump applications is estimated to be the fastest-growing motor soft starters market, by application, from 2019 to 2024. This growth is attributed to the increasing levels of water &wastewater investments in regions such as Asia Pacific and the Middle East & Africa. This, combined with the increase in oil & gas investments in response to rising in demand for oil, is expected to drive the growth of the market for motor soft starters for pump applications.

 

Breakdown of primary participants’ profile:

  • By Company Type: Tier I: 60%, Tier II: 20%, and Tier III: 20%
  • By Designation: C-Level: 55%, Director Level: 30%, and Others: 15%
  • By Region: Asia Pacific: 30%, North America:25%, Europe:20%, South America:15%, and the Middle East & Africa: 10%

 

Study Objectives:

  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for market leaders
  • To define, describe, and forecast the global motor soft starter market based on voltage, rated power, application, industry, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the motor soft starter market with respect to individual growth trends, future prospects, and contributions of each segment to the market
  • To benchmark players within the market using the proprietary Vendor DIVE framework, which analyzes the market players on various parameters within the broad categories of business and product strategies
  • To track and analyze competitive developments such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market

 

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Categories
Business News

Latest News: Instrumentation Valves and Fittings Market Expected to Grow at 3.9 Billion In Revenue by 2025

Latest research report on “Instrumentation Valves and Fittings Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis.

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The Global Instrumentation Valves and Fittings Market size is expected to grow from US$ 3.2 Billion in 2019 to US$ 3.9 Billion by 2025, at a CAGR of 3.0%. This report spread across 120 Pages, Profiling 14 Companies and Supported with 66 Tables and 71 figures is now available in this research.

#Key Players- Swagelok (US), Parker Hannifin (US), HY-LOK Corporation (South Korea), Fujikin (Japan), Bray International (US), Circor International (US), Hex Valves (US), AS-Schneider (Germany), Ham-Let (Israel), Oliver Valves (England), and Safelok (England).

The instrumentation valves and fittings industry is expected to witness limited product development and innovation in the coming years. Productivity improvement, cost control, and solid inventory planning will be the major focus areas of the manufacturers to improve profit margins in the coming years.

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Valves play a crucial role in the growth of the instrumentation valves and fittings market. Ball valves are used extensively owing to their low pressure drop and the ability to open and close quickly. These valves are used in various transmission, storage, and gas processing applications across industries.

“Oil & gas to dominate instrumentation valves and fittings market (in terms of share) during forecast period”

Instrumentation valves and fittings are used in the oil & gas industry in offshore rigs, refinery plants, and gas handling systems. Valves and fittings used in the oil & gas industry should be able to withstand harsh environmental conditions. As a result, maintenance, repair, and operations (MRO) activities are crucial for valves used in the oil & gas industry. Oil & gas is a cyclical industry; hence, players of this industry procure instrumentation valves and fittings to minimize dependency on suppliers.

 

Breakdown of primary participants’ profile:

  • By Company Type: Tier 1 = 30%, Tier 2 = 25%, and Tier 3 = 45%
  • By Designation: C-Level Executives = 35%, Directors = 45%, and Others = 20%
  • By Region: North America = 45%, Europe = 15%, APAC = 35%, and RoW = 5%

 

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