Brooklyn, NY , May 31, 2016 (GLOBE NEWSWIRE) -- The research study has made use of several analytical tools in order to determine the growth prospects and opportunities for the global automation market in the next few years. The study has further made use of charts, tables, and graphs to present the historical information and future projections regarding the market.
The research report on the global market for automation further presents an in-depth study of automation technologies. It further offers data on the major market dynamics that are driving the market’s growth. The research report also studies the current technology trends for automation and their implications. A detailed competitive scenario, along with regional and global analyses, has also been included in the scope of the research report. It also comprises recommendations and inputs given by industry experts to help the major players and decision makers while formulating effective business policies.
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Automation refers to the use of various control systems used for operating equipment in various processes, including boilers and heat treating ovens, machinery, switching on telephone networks, processes in factories, aircraft control, steering and stabilization of ships, and other applications, with minimal human intervention. The major benefit of automation is that it makes labor redundant and thus allows companies to save labor costs; nevertheless, it is also used widely to save materials and energy to enhance the quality and precision of the process in question. The rising demand for energy and the construction of large infrastructure projects in emerging nations are expected to boost the demand for automation systems throughout the forecast period.
The definition, specifications, classification, and application segments of the automation market have been mentioned in the research study. It also talks about the sales analysis, sales price analysis, and gross margin analysis for the global market. By geography, the global automation market has been divided into Africa, China, Europe, Japan, South America, and the U.S. The market’s future projections, current segmentation, and the size of each segment have been included in the study to offer a clear picture of the global automation market.
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The research report further studies the competitive scenario of the global automation market and offers a comprehensive vendor analysis for the same. The leading players mentioned in the research report include GE, Invensys Plc, Honeywell International, Mitsubishi Electric Corporation, Advantech, Rockwell Automation, ABB, Wartsila, KUKA, Fanuc Corporation, Emerson Electric, Schneider Electric, Siemens, Yaskawa, and Spectris Plc. Detailed profiles of these players have been discussed in the research report, including the product portfolio and specifications, automation technology sales, revenue, price, and distribution analysis.
Global Home Automation System Market Professional Survey 2016
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Source: QY Research Reports