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Albany, NY -- (SBWIRE) -- 01/21/2016 -- Description
About Automation
The automotive industry has great scope for automation solutions because the dynamic nature of consumer demand requires improved safety standards in vehicles and the use of advanced technologies such as connected and automated cars.
The growth of automation solutions in the automotive industry will be driven by the expansion of plant capacity in countries such as the US, China, Germany, Italy, and Mexico.
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Moreover, the concept of smart factories and the use of predictive analytics is helping tap emerging market requirements and power the growth of automation in the automotive industry.
Technavios analysts forecast the global automation market in the automotive industry to grow at a CAGR of 8.62% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automation market in the automotive industry for 2016-2020. To calculate the market size and vendor share, the report considers revenue generated from:
Sales of hardware and software
Provision of support
Provision of maintenance
The market is divided into the following segments based on product:
PLM
Industrial sensors
DCS
PLC
MES
SCADA
Technavio's report, Global Automation Market in Automotive Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
Siemens
Rockwell Automation
Schneider Electric
Mitsubishi Electric
Other prominent vendors
Adept Technology
Applied Material
Apriso
Aspen Technologies
Aurotek
Axium
Camstar Systems
Control Systems International
Daihen
Denso Wave
Ellison Technologies
Emerson Electric
Eyelite
Fanuc
General Electric
Invensys
Kawasaki Robotics
Kuka
Metso
Miracom
Mitsubishi Electric
Mitsubishi Heavy Industries
Nachi Fujikoshi
Omron
SAP
Schneider Electric
Toshiba International
Werum Software & Systems
Yaskawa Electric
Yokogawa Electric
Market driver
Demand for enhanced visibility and flexibility in manufacturing process
For a full, detailed list, view our report
Market challenge
Stiff competition
For a full, detailed list, view our report
Market trend
Availability of wireless sensor networking solutions
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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