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Global Automation Control for Material Handling Market Size, Status and Forecast 2021-2027
SKU ID : QYR-17768501 | Publishing Date : 22-Mar-2021 | No. of pages : 120
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Material handling application uses various equipment for operations, which need automation control and monitoring for effective functioning. Automation control solutions allow end-user industries to exercise better control over material handling. Automation control solutions help to reduce errors, decrease cycle time, and streamline processes. Other key benefits are better control during operation and higher energy efficiency. The global industrial automation and control market considers under its scope, the sales revenue from implementations of PLCs and DCSs, including hardware components such as drives and sensors. In recent years, industrial automation and control have been associated with an increase in the adoption of smart devices, such as sensors, for efficient data collection and conversion of data into information. Adoption of industrial automation and control has been steady in both process and discrete industries, globally, over the last five years. The industrial automation and control market is expected to show increased growth momentum in developing economies such as India, China, Mexico, and Indonesia over the forecast period.
“The latest trend gaining momentum in the market is Integration of IoT to reduce operational cost. The global automation control market for material handling is growing with the adoption of IoT. The deployment of IoT in factories helps end-user businesses to utilize automation control solutions in improving productivity and reducing downtime costs. The developments in real-time 3D volumetric model help in performing operations efficiently. The development in automation control with IoT helps to anticipate failures in advance and save money.”
Market Analysis and Insights: Global Automation Control for Material Handling Market
The global Automation Control for Material Handling market size is projected to reach US$ 35210 million by 2027, from US$ 23470 million in 2020, at a CAGR of 5.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automation Control for Material Handling market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automation Control for Material Handling market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automation Control for Material Handling market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automation Control for Material Handling market.
Global Automation Control for Material Handling Scope and Market Size
Automation Control for Material Handling market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automation Control for Material Handling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Distributed Control Systems (DCS)
Programmable Logic Controllers (PlC)
Motion Control
Segment by Application
Process Industry
Discrete Industry
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
ABB
Emerson
Honeywell
Rockwell Automation
Siemens
Accord Technologies
Analog Devices
CAN-ENG Furnaces International
Eaton
Flintec
GE
MEL Systems and Services
Mitsubhishi
OMRON
Rexroth Bosch
Schneider Electric
Yokogawa Electric
“The latest trend gaining momentum in the market is Integration of IoT to reduce operational cost. The global automation control market for material handling is growing with the adoption of IoT. The deployment of IoT in factories helps end-user businesses to utilize automation control solutions in improving productivity and reducing downtime costs. The developments in real-time 3D volumetric model help in performing operations efficiently. The development in automation control with IoT helps to anticipate failures in advance and save money.”
Market Analysis and Insights: Global Automation Control for Material Handling Market
The global Automation Control for Material Handling market size is projected to reach US$ 35210 million by 2027, from US$ 23470 million in 2020, at a CAGR of 5.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automation Control for Material Handling market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automation Control for Material Handling market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automation Control for Material Handling market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automation Control for Material Handling market.
Global Automation Control for Material Handling Scope and Market Size
Automation Control for Material Handling market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automation Control for Material Handling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Distributed Control Systems (DCS)
Programmable Logic Controllers (PlC)
Motion Control
Segment by Application
Process Industry
Discrete Industry
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
ABB
Emerson
Honeywell
Rockwell Automation
Siemens
Accord Technologies
Analog Devices
CAN-ENG Furnaces International
Eaton
Flintec
GE
MEL Systems and Services
Mitsubhishi
OMRON
Rexroth Bosch
Schneider Electric
Yokogawa Electric
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
