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Industrial Automation Equipment (IAE) Market Scope Assessment 2023 | Top International Players – GE, Honeywell, ABB, Danaher, Hitachi, Omron

All information provided in the report is derived from trusted industrial sources. Global Industrial Automation Equipment (IAE) Market research reports finds market figures between 2019 and 2023. The market will exhibit remarkable CAGRs in the aforementioned period.

Global Industrial Automation Equipment (IAE) Market Overview:

Global Industrial Automation Equipment (IAE) Market will reach $1,717.8 Billion during 2019-2025, resulting from a continuous growth of 4.55% per annum over the forecast years.

According to the market report analysis, many manufacturing industries experienced significant overcapacity resulting from several years of rapid expansion. This contributed to a more than 2% decline in the global shipments of IAE products in 2012. During the first half of this year restocking efforts seem to have resumed. In the second quarter of 2013, several key automation product markets have seen healthy growth, including motor drives, PLCs, motion control equipment, industrial PCs and operator terminals.

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The Global Industrial Automation Equipment (IAE) Market is segmented based on Equipment Type, Industry Vertical, and Region. On the basis of Equipment Type, the Global Industrial Automation Equipment (IAE) Market is sub-segmented into Automation Equipment Sector (further split into Discrete Controllers & Visualization, Process Control, Switchgear), Power Transmission Equipment (further split into Rotary Products and Linear Products) and Motors and Motor Controls (further split into Motors & Generators and Motor Controls).

In terms of the Industry Vertical, the Global Industrial Automation Equipment (IAE) Market is classified into Oil & Gas, Automotive & Transportation, Mining & Metals, Machine Manufacturing, Energy and Power, Electrical & Electronics, Aerospace & Defense, Chemical Industry, Pharmaceuticals, Food & Beverages and other Industries.

Big Industry News:

Honeywell (September 12, 2019) – Honeywell Expands Navigation Offerings To Meet Evolving Requirements For Industrial Applications – Honeywell is introducing two new inertial measurement units (IMUs) to provide world-class navigation in a small, lightweight package without compromising on cost. Built to withstand almost any environment in the air, on land or underwater, these small-but-mighty sensors can serve several markets, including agriculture, robotics, survey/mapping, unmanned vehicles and transportation.

An IMU uses gyroscopes, accelerometers and electronics to give precise rotation and acceleration data to a platform’s control system. The IMU enables the system to calculate where it is, what direction it’s going and at what speed, even when GPS signals aren’t available.

“Honeywell is committed to expanding our inertial sensor and navigation offerings to meet the needs of new industrial customers with our HGuide i300 and HG4930 S-Class IMUs,” said Chris Lund, senior director, HGuide Navigation and Sensors, Honeywell Aerospace. “Our customers are always looking for IMUs with different performance capabilities and price points to meet their companies’ needs, and we’re helping support them with the introduction of our new IMUs.”

Purchase this report online with 209 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Industrial Automation Equipment (IAE) Market Report 2019” @ https://www.businessindustryreports.com/buy-now/142621/single .

Top Leading Key in Players Global Industrial Automation Equipment (IAE) Market: ABB, Azbil Corporation, Bharat Heavy Electrical, Danaher Corporation, Emerson Electric, Fanuc Corp, General Electric, Hitachi, Honeywell International, Johnson Controls, Mitsubishi Electric, Omron Corporation, Rockwell Automation and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

With the presence of a large pool of participants, the Global Industrial Automation Equipment (IAE) Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). ABB, Azbil Corporation, Bharat Heavy Electrical, Danaher Corporation, Emerson Electric, Fanuc Corp, General Electric, Hitachi, Honeywell International, Johnson Controls, Mitsubishi Electric, Omron Corporation, Rockwell Automation are some of the key vendors of Industrial Automation Equipment (IAE) across the world. These players across Industrial Automation Equipment (IAE) Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

Region segment: Industrial Automation Equipment (IAE) Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Industrial Automation Equipment (IAE) in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Major Points in Table of Contents:

Global Industrial Automation Equipment (IAE) Market Report 2019

1 Introduction

2 Market Overview and Qualitative Analysis

3 Segmentation of Global Market by Equipment Type

4 Segmentation of Global Market by Industry Vertical

5 Segmentation of Global Market by Region

6 Competitive Landscape

7 Investing in Global Market: Risk Assessment and Management

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