The
report states that the global industrial controls and robotics market
is observing significant growth in the current times. The growth of
this market is driven by factors such as rise in the number of
application areas of product manufacturing and processing industries
such as power generation, automation, semiconductors and
pharmaceutical companies.
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Industrial Controls and Robotics Market Report with Full TOC at
http://www.transparencymarketresearch.com/industrial-robotics-market.html
Also,
growing demand for precision and customization in consumer products
and the constant need for quality improvement are some more factors
that help in propelling the growth of this industry.
Product
wise, the report divides the market into segments such as -
manufacturing execution systems (MES), field devices and industrial
control systems. Of these segments, the segment of industrial control
acquired about half the total shares of the market in 2012. This was
followed by the field devices segment.
The
report also states that chances of the industrial control system
maintaining its lead in the market even in the future are quite high.
The segment of manufacturing execution systems could observe the
fastest growth during the forecast period, adds the report.
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Application
wise, the report segments the market into automotives, textiles,
power generation, printing, packaging, oil and gas, semiconductors
and chemicals industries among some others. Of these, the segment of
automotive industry currently leads the market and could also
maintain the lead throughout the period of forecast. The
pharmaceutical industry is, however, expected to observe the fastest
growth in the coming times according to the report.
Geographically,
the regions of North and South America lead the market. Their lead is
attributed to factors such as rising adoption of new technologies,
re-engineering in the old industrial segments and heavy export of
goods from South America.
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Press Release Industrial Controls and Robotics Market
http://www.transparencymarketresearch.com/pressrelease/industrial-robotics-market.htm
The
market segment RoW (rest of world) is expected to observe fastest
growth during the forecast period owing to the rising demands for
products and services in the oil and gas industries in this region.
The regions of Asia Pacific, too, show significant growth
opportunities for the global industrial controls and robotics market,
adds the report. The reasons behind this could be heavy investments
from market leaders in this region in the past few years.
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