#Industrial Automation Market Share

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The industrial automation market was valued at $196.36 billion in 2021, and is estimated to reach $443.5 billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031.

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The global industrial automation market size grew from $177.26 billion in 2022 to $190.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%.

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[kadambarimmr123]

The purpose of home automation is to use gadgets like cameras, smart door locks, and video door bells to automate or monitor home security.

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Playout Automation and Channel-in-a-Box: Benefits, Features, and Key Players

The playout automation & channel-in-a-box market is expected to grow significantly during the forecast period, owing to various business drivers like the increasing engagement in HD and UHD content consumption, increase in demand for OTT services and escalating demand for video content across various industries, and proliferation of live broadcasting at an accelerated pace is also responsible for driving the market’s growth.

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Global Trends in Distributed Control Systems: Market Size and Share Analysis

According to a research report “Distributed Control System Industry by Component (Hardware, Software, Services), Application (Continuous, Batch-Oriented), End-user (Oil & Gas, Power Generation, Chemical, Food & Beverages, Pharmaceutical, Metal & Mining), Region – Global Forecast to 2028″ published by MarketsandMarkets, the distributed control system industry is projected to reach USD 26.7 billion…

[strjackst]

Automated 3D Printing Market Size & Share Analysis - Growth Trends By Forecast Period

Automated 3D Printing Market Information

The Automated 3D Printing Market Report provides essential insights for business strategists, offering a comprehensive overview of industry trends and growth projections. It includes detailed historical and future data on costs, revenues, supply, and demand, where applicable. The report features an in-depth analysis of the value chain and distributor networks.

Employing various analytical techniques such as SWOT analysis, Porter’s Five Forces analysis, and feasibility studies, the report offers a thorough understanding of competitive dynamics, the risk of substitutes and new entrants, and identifies strengths, challenges, and business opportunities. This detailed assessment covers current patterns, driving factors, limitations, emerging developments, and high-growth areas, aiding stakeholders in making informed strategic decisions based on both current and future market trends. Additionally, the report includes an examination of the Automatic Rising Arm Barriers sector and its key opportunities.

According to Straits Research, the global Automated 3D Printing Market  size was valued at USD 707 Million in 2021. It is projected to reach from USD XX Million in 2022 to USD 11622 Million by 2030, growing at a CAGR of 41.9% during the forecast period (2022–2030).

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TOP Key Industry Players of the Automated 3D Printing Market

Stratasys Ltd

GE Additive

The ExOne Company

SLM Solutions Group AG

3D Systems Corporation

Universal Robots A/S

Formlabs

PostProcess Technologies Inc.

Materialize NV

Authentise Inc.

DWS Systems

EnvisionTEC US LLC (Desktop Metal Inc.)

ABB Ltd

Global Automated 3D Printing Market: Segmentation

As a result of the Automated 3D Printing market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts. 

By Offering

Hardware

Software

Services

By Process

Automated Production

Material Handling

Part Handling

Post-Processing

Multiprocessing

By End-user

Industrial Manufacturing

Automotive

Aerospace & Defense

Consumer Products

Healthcare

Energy

Others

You can check In-depth Segmentation from here: https://straitsresearch.com/report/automated-3d-printing-market/segmentation

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Highlights key market dynamics, including drivers, restraints, emerging trends, developments, and opportunities.

Includes market estimates by region and profiles of various industry stakeholders.

Aids in understanding critical market segments.

Delivers extensive data on trends that could impact market growth.

Research Methodology:

Utilizes a robust methodology involving data triangulation with top-down and bottom-up approaches.

Validates market estimates through primary research with key stakeholders.

Estimates market size and forecasts for different segments at global, regional, and country levels using reliable published sources and stakeholder interviews.

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[marketsndata]

[amrutmnm]

The Drone Package Delivery Market Size is projected to grow from USD 693 million in 2024 to USD 4,666 million by 2030, at a CAGR of 37.4%. The volume of package delivery drones is projected to grow from 32,456 (In units) in 2024 to 275,703 (In units) by 2030. There is rise in deployment of drones for quick and same day package delivery. Government approvals, cost-effectiveness delivery, reducing carbon emissions and instant package delivery are main reasons for the Drone Package Delivery Industry growth.

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Transforming Industries: The Rise of Process Automation in North America

Market Size and Growth Projection

The North America Process Automation Market is projected to grow from an estimated USD 39.52 billion in 2024 to USD 45.43 billion by 2029, achieving a compound annual growth rate (CAGR) of 2.83% during the forecast period.

Market Overview

The North America process automation industry is experiencing robust growth as organizations increasingly adopt automation solutions to enhance operational efficiency and reduce costs. With significant investments in technology across sectors such as manufacturing, oil and gas, and pharmaceuticals, the demand for advanced automation systems is on the rise. The region is known for its technological advancements and a strong emphasis on innovation, making it a key player in the global process automation market.

Key Trends

Integration of AI and IoT: The convergence of artificial intelligence (AI) and the Internet of Things (IoT) is revolutionizing process automation, enabling smarter decision-making and improved operational insights.

Focus on Sustainability: Companies are increasingly adopting automation solutions to enhance energy efficiency and reduce waste, aligning with sustainability goals and regulatory requirements.

Workforce Transformation: As automation technologies evolve, there is a growing emphasis on reskilling and upskilling the workforce to adapt to new tools and processes.

Cloud-Based Automation Solutions: The rise of cloud computing is facilitating scalable and flexible automation solutions, allowing businesses to optimize their operations without heavy upfront investments.

Cybersecurity Concerns: As automation systems become more interconnected, the focus on cybersecurity is intensifying, prompting companies to invest in robust security measures to protect their operations.

Challenges

Despite its growth potential, the North America process automation market faces challenges, including high initial investment costs and the complexity of integrating new systems with legacy infrastructure. Additionally, regulatory hurdles and the need for skilled labor to manage advanced automation technologies can hinder widespread adoption.

Conclusion

The North America process automation market is poised for steady growth, driven by technological advancements and an increasing focus on operational efficiency. While challenges exist, the ongoing integration of AI, IoT, and cloud solutions presents significant opportunities for businesses to enhance their processes. By embracing innovation and addressing potential obstacles, stakeholders can position themselves for success in this dynamic industry.

[tbrcresearchreport]

The global industrial automation market size grew from $177.26 billion in 2022 to $190.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%.

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Automated Guided Vehicle Market Trends, Statistics and Analysis Report 2024-2030

The global automated guided vehicle market size was estimated at USD 4.79 billion in 2023 and is expected to grow at a CAGR of 9.4% from 2024 to 2030. 

Automated guided vehicle (AGV) systems assist in moving and transporting items in manufacturing facilities, warehouses, and distribution centers without any permanent conveying system or manual intervention. It follows configurable guide paths for optimizing storage, picking, and transport functions in the environment of premium space. AGVs are being highly adopted owing to several benefits, such as reduced labor costs, reduced product damage, increased productivity, and scale to support automation processes. These notable advantages encourage transportation and logistics firms to deploy AGVs to boost the efficiency of their operations.

Gather more insights about the market drivers, restrains and growth of the Automated Guided Vehicle Market

For instance, in May 2021, AUDI AG stated that they use AGVs in their manufacturing centers, which helps them indirectly plan the production process to know which component is out of stock and needs to be available. Further, it also helps in carrying items supply trolleys which helps them maintain safety.

Retailing and other logistics-related companies are collaborating and partnering with tech giants to transform the material handling industry. For instance, in November 2021, OTSAW Digital Pte Ltd, an autonomous mobile robot solution, partnered with Swisslog Healthcare to develop automated guided vehicles for the healthcare sector to enable better patient care. Further, this partnership would expand their business by deploying AGV in Asia Pacific, Europe, and MEA.

Besides, in February 2022, Siemens, a Germany-based industrial manufacturer, partnered with Parmley Graham Ltd. and AR Controls to build, design, and manufacture automated guided vehicles. The partnership and the launch of AGV would bring a lot of advantages, such as low labor costs, reduced risk of workplace injury, logistics management, and faster delivery. Furthermore, retail and commerce-based companies and businesses are deploying collaborative robots in their warehouses and expanding their businesses through acquisitions of large-scale cobot providers.

For instance, in February 2022, SAVE MART SUPERMARKETS, a grocery store company, partnered with Starship Technologies, a provider of autonomous delivery vehicles. The initiative aims to deliver groceries using the Starship robot, a combination of artificial intelligence and machine learning. With the installation of the starship robot, SAVE MART SUPERMARKETS expanded its delivery area. Besides, in January 2023, Barcoding, Inc., a prominent player in supply chain efficiency, connectivity, and accuracy, announced the acquisition of FRED AGV, an automated guided vehicle manufacturer. The acquisition illustrates continuous investment and expansion in industrial automation for Barcoding, Inc.

Automated guided vehicles are used in various end-use industries, such as logistics, automotive, healthcare, manufacturing, food & beverages, and others. Increased productivity and reduced labor costs are the key factors driving the need for industrial equipment. The demand for AGVs is expected to grow owing to the increasing automation in industries. Increasing industrialization has led to the continuous need for customized material handling and transport solutions for fuel efficiency.

For instance, in February 2023, The SSI Schaefer Group, a prominent supplier of systems, components, and software for warehouse automation, acquired DS AUTOMOTION GmbH, a global supplier of automated guided vehicles and autonomous mobile robotics. The acquisition intends to expand the minority interest of SSI Schaefer to reminisce the growing significance of AGV and autonomous and mobile robotics business in intralogistics.

Automated Guided Vehicle Market Segmentation

Grand View Research has segmented the global automated guided vehicle market report based on vehicle type, navigation technology, application, end-use industry, component, battery type, mode of operation, and region:

Vehicle Type Outlook (Revenue, USD Million, 2017 - 2030)

• Tow Vehicle

• Unit Load Carrier

• Pallet Truck

• Forklift Truck

• Hybrid Vehicles

• Others

Navigation Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Laser Guidance

• Magnetic Guidance

• Vision Guidance

• Inductive Guidance

• Natural Navigation

• Others

Application Outlook (Revenue, USD Million, 2017 - 2030)

• Logistics and Warehousing

o Transportation

o Cold Storage

o Wholesale & Distribution

o Cross-docking

• Assembly

• Packaging

• Trailer Loading and Unloading

• Raw Material Handling

• Others

End-use Industry Outlook (Revenue, USD Million, 2017 - 2030)

• Manufacturing Sector

o Automotive

o Aerospace

o Electronics

o Chemical

o Pharmaceuticals

o Plastics

o Defense

o FMCG

o Tissue

o Others

• Wholesale and Distribution Sector

o E-commerce

o Retail Chains/Conveyance Stores

o Grocery Stores

o Hotels and Restaurants

Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware

• Software

• Service

Battery Type Outlook (Revenue, USD Million, 2017 - 2030)

• Lead Battery 

• Lithium-Ion Battery

• Nickel-based Battery 

• Others

Mode of Operation Outlook (Revenue, USD Million, 2017 - 2030)

• Indoor

• Outdoor

Regional Outlook (Revenue, USD Million,2017 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o U.K.

o France

• Asia Pacific

o China

o Japan

o India

o Australia

o South Korea

• Latin America

o Brazil

o Mexico

• Middle East and Africa (MEA)

o Kingdom of Saudi Arabia (KSA)

o UAE

o South Africa

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global material informatics market size was estimated at USD 134.6 million in 2023 and is projected to grow at a CAGR of 16.5% from 2024 to 2030.

• The global military sensors market size was estimated at USD 11.40 billion in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030. 

Key Automated Guided Vehicle Company Insights

Key automated guided vehicle companies include Swisslog Holding AG; Daifuku Co., Ltd.; JBT; Seegrid Corporation; TOYOTA INDUSTRIES CORPORATION; Hyster-Yale Materials Handling, Inc.; and Kollmorgen. Increasing collaborations and mergers & acquisitions are expected to maximize the environmental and economic benefits for the market players by enabling them to share ideas and enhance their internal skills and technologies. For instance, in March 2022, Seegrid Corporation, an autonomous mobile robot provider, partnered with ROBEX. This initiative towards partnership would allow Seegrid Corporation to expand its business, and clients of ROBEX would also be introduced to Seegrid Corporation products. Further, this would help grow the demand for automation in supply chain management. It would also make it easier to supply clients and partners with complete end-to-end warehouse management solutions.

Key Automated Guided Vehicle Companies:

The following are the leading companies in the automated guided vehicle market. These companies collectively hold the largest market share and dictate industry trends.

• Swisslog Holding AG

• Egemin Automation Inc.

• Bastian Solutions, Inc.

• Daifuku Co., Ltd.

• Dematic

• JBT

• Seegrid Corporation

• TOYOTA INDUSTRIES CORPORATION

• Hyster-Yale Materials Handling, Inc.

• BALYO

• E&K Automation GmbH

• Kollmorgen

• KMH Fleet Solutions

• ELETTRIC80 S.P.A.

• Fetch Robotics, Inc.

• inVia Robotics, Inc.

• Locus Robotics

• Schaefer Systems International, Inc.

• System Logistics Spa

• Transbotics (A division of Scott Systems International Incorporated)

Recent Developments

• In November 2023, Movella, Inc., an American sensor technology provider, collaborated with Taiwanese industrial IoT-provided Advantech to develop advanced automated guided vehicles and autonomous mobile robot systems. By developing these systems, the companies aim to simplify material deployment for their customers, thereby minimizing solution compatibility issues and expediting time to market.

• In October 2023, Align Production Systems, an American material handling solution provided collaborated with Kollmorgen, a vehicle control solution provider, to develop and offer efficient and reliable automated guided vehicle systems designed by Align Production Systems and comprising of Kollmorgen’s NDC solutions. This partnership aims to revolutionize the manufacturing sector by enabling manufacturers to move large and heavy products across their facilities.

• In March 2023, Mitsubishi Logisnext Americas group announced the launch of their new AGV product, Jungheinrich EKX 516ka / 516a Automated High-Rack Stacker, initially planned to deploy for their U.S.-based customers. With very narrow aisle operations and greater storage density, this product allows users to gain maximum efficiency and productivity in their business operations.

Order a free sample PDF of the Automated Guided Vehicle Market Intelligence Study, published by Grand View Research.

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Automated Material Handling Equipment Market to Reach USD 96.79 Bn by 2032

The Global Automated Material Handling Equipment Market was estimated at USD 51.77 billion in 2023 and is projected to reach USD 96.79 billion by 2032, growing at a CAGR of 7.2%, during the forecast period (2024-2032).

Automated material handling equipment contains any automation that helps in reducing or eliminating the need for human intervention throughout the product manufacturing process, further offering enhanced efficiency during the production procedure; industrialization and modernization is the primary driver of the market.

According to the recent report printed by introverted research, the world   Automated Material Handling Equipment Market report provides property growth opportunities, challenges, scope, Driver restraints, and also the latest trends throughout the forecast amount from 2024-2032. This latest business analysis study analyses the Automated Material Handling Equipment market by numerous product segments, applications, regions, and countries whereas accessing the regional performances of various leading market participants. During this report, there square measure numerous approaches and procedures approved by key market players that change economical business choices.

This report has a complete table of contents, figures, tables, and charts, as well as insightful analysis. The Automated Material Handling (AMH) Equipment market has been growing significantly in recent years, driven by a number of key factors, such as increasing demand for its products, expanding customer base, and technological advancements. This report provides a comprehensive analysis of the Automated Material Handling (AMH) Equipment market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Key Player Mentioned in This Automated Material Handling Equipment Market Report:

Daifuku Co. Ltd. (Japan),Siemens AG (Germany),Bosch Rexroth (Germany),Murata Machinery Ltd. (Japan),Swisslog Holding AG (Switzerland),SSI Schaefer AG (US),Dematic Group S.A.R.L (US),Toyota Industries Corporation (Japan),JBT Corporation (US),Bastian Solutions Inc (US),Jungheinrich AG (UK),KUKA AG(Germany),KION Group AG(Germany),Xuzhou Heavy Machinery Co. Ltd. (China),Manitowoc Company Inc (US) and other major players.

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Scope of the Automated Material Handling Equipment Market

Global Automated Material Handling Equipment Market research report contains the extensive use of secondary and primary data sources. Research process focuses on multiple factors impacting the industry such as aggressive landscape, government coverage, historical data, market present position, market trends, upcoming technologies and innovations in addition to risks, rewards, challenges and opportunities. To be able to validate market volume market, manufacturers, regional analysis, product sections and end users/applications study use Top-down and bottom-up approach.

Segmentation of Automated Material Handling Equipment Market:

In Market Segmentation By Type, Automated Material Handling Equipment Market Report Covers:

In Market Segmentation By Application Industry, Automated Material Handling Equipment Market Report Covers:

If You Have Any Query of Automated Material Handling Equipment Market Report, Visit:

https://introspectivemarketresearch.com/inquiry/16298

By Region

(U.S., Canada, Mexico)

(Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

(Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

(China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

(Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

(Brazil, Argentina, Rest of SA)

The Report Covers Exhaustive Analysis On:

The market size and industry growth rate of the global and regional market across various segments

Based on extensive primary and secondary research this report provides comprehensive and granular data

Key technological advancements and market trends that shape the market

Brand dynamics and distribution trends in order to effectively plan strategies in the forecast period 2024-2032

Key companies operating in the global Automated Material Handling Equipment market and their market share

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