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.
Scope of the Report:This report focuses on the Automation Control for Material Handling in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
ÒThe 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.Ó
According to the report, one of the major drivers for this market is Low cost of sensors and transmitters. Automation control products are shaping the future of material handling applications with the adoption of sensors and transmitters in material handling equipment. The low cost of sensors and transmitters coupled with the deployment of advanced wireless communication technologies is driving the global automation control market for material handling. Advanced wireless communication technologies such as Bluetooth Low Energy (BLE) and ZigBee have proven to be effective in carrying information over short distances while maintaining low power consumption. ZigBee is particularly effective in remote and harsh environment. For remote applications, wireless sensors are ideal. Thus, it is expected that the fall in prices of wireless sensors will spur the growth of automation control for material handling in process industries. In non-critical systems, the implementation of wired sensors is significantly higher. A similar fall in prices of wired sensors is expected to push their adoption for non-critical applications over the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is Interoperability challenges. Interoperability is the ability of systems to provide information to and exchange data with other systems for planning, integration, execution, and coordination. The integration of automation control products and solutions in material handling with traditional systems, for cross-platform compatibility in the industry, faces interoperability challenges. End-user industries such as oil and gas, chemical and petrochemical, and power generation (remote operations) face such issues as they depend on legacy equipment, which is expensive to replace.
The worldwide market for Automation Control for Material Handling is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 31700 million US$ in 2023, from 24200 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers 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
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Distributed control systems (DCS)
Programmable logic controllers (PLC)
Motion Control
Market Segment by Applications, can be divided into Process industry
Discrete industry
There are 15 Chapters to deeply display the global Automation Control for Material Handling market.
Chapter 1, to describe Automation Control for Material Handling Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Automation Control for Material Handling, with sales, revenue, and price of Automation Control for Material Handling, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Automation Control for Material Handling, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Automation Control for Material Handling market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025;
Chapter 13, 14 and 15, to describe Automation Control for Material Handling sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
