New Report on Mexico Factory Automation and Machine Vision Market Worth $6.99 Billion by 2020

Mexico Factory Automation and Machine Vision Market categorizes global market by Technology (ICS, MES, ERP, ITS), Field Devices, Products (PC-based, Smart Camera, Embedded), Components (Camera, FGOL), Application (Process, Discrete)

Logo

Dallas, TX -- (SBWire) -- 11/10/2014 --According to a new market research report of “Mexico Factory Automation and Machine Vision Market by Technology (ICS, MES, ERP, ITS), Field Devices, Products (PC-based, Smart Camera, Embedded), Components (Camera, FGOL), Application (Process, Discrete) - Global Forecast & Analysis to 2013 - 2020” published by MarketsandMarkets, the factory automation market is expected to grow at a CAGR of 6.18% from 2014 to 2020.

Browse 74 market data tables and 103 figures spread through 384 pages and in-depth TOC on "Mexico Factory Automation and Machine Vision Market by Technology (ICS, MES, ERP, ITS), Field Devices, Products (PC-based, Smart Camera, Embedded), Components (Camera, FGOL), Application (Process, Discrete) - Global Forecast & Analysis to 2013 - 2020"

Report Inquiry
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=149652036

Early buyers will receive 10% customization on this reports.

The human being is continuously advancing the production processes from the inception industrial revolution in 18thcentury, as new technologies are stepping in. The factory automation find their applications in various discrete and process industries including industries like power, textiles, oil & gas, chemicals, food & beverages, pharmaceuticals, automotive & transportation, packaging, wood and others. The machine vision systems find their application in automotive, semiconductor & electronics, rubber & plastics, containers & packing, and medical devices. The manufacturers of the goods will have an additional benefit if they are shifting to the wireless technology in factory automation, as it will offer cost-efficient, feasible and flexible production environment.

The market for factory automation in Mexico is driven by the increasing focus on energy saving and efficiency improvement. The industrial control devices are making it possible for the organizations to smoothen their production activities also make them standardized, enabling cost cuttings and waste reductions. The Internet of things and services is to play crucial role in the factory automation market, as they facilitate improvement in the industry’s engineering, production, logistics and life cycle management as they integrate the factors of production. The organizations are surviving in the cut-throat competitive environment, where they are striving for having competitive edge over others in production process, and this has pushed the market to the incessant advancement. A smart camera-based system is the new improved machine vision technology which offers high accuracy and reliabilities. It contains an imager to capture images, intelligence (processor) to process and analyze images, and input and output capabilities. In other words, in a smart camera, all the components, right from cameras to processor and input-output devices, are embedded into a small box. Smart cameras are generally used for simple tasks and are very easy to operate. As compared to PC systems smart camera have more compact dimensions and lesser components and also are easy to implement and use.

With the advancement in technology, the Mexico factory automation and machine vision system market is growing with a great pace. The organizations now demand for improved operational efficiency with high quality production, which is possible only with highly efficient working robots and factory automation software systems. In present scenario, where the human activities are also being automated by use of robotics, the factory automation system provides great aid to the plant operators to carry out the monitoring and controlling process in a cost-effective manner which in turn increases the operational efficiency of the firm. Benefits of a fully automated control over the manually controlled process are convenience, reduction in process time, and increased efficiency and profitability.

Get the copy of Report
http://www.marketsandmarkets.com/Market-Reports/mexico-factory-automation-machine-vision-market-149652036.html

Emerson process management is one of the business units of “Emerson Electric Co. (established in 1890) and is headquartered in the U.S. It leads in aiding business automate their production, and processing and distribution facilities in various key industries. The company’s factory automation technologies like SCADA/HMI software system solutions help the customers plan, implement, and support their operations. Emerson process management has been very aggressive in shifting jobs from the U.S. to Mexico’s plant, as part of its cost cutting strategy. In March, 2014, Emerson Network Power announced that it will lay off 63 employees from its plant in Delaware, as the company plans to move some work to its plant in Mexicali, Mexico.

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: 888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog
http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Media Relations Contact

Rohan Salgarkar
marketsandmarkets
888-600-6441
http://www.marketsandmarkets.com/

View this press release online at: http://rwire.com/560287