Market Trends

Increasing usage of machines, the demand for high quality products with high volume production in various industries, and increasing installation and adoption of smart devices are the factors driving the growth of the industrial and factory automation market during the forecast period  2019 to 2025.  Smart devices can communicate with each other within the factory and also with the cloud. According to the fresh market research report from IndustryARC, this is the major factor which is opening up  industrial and factory automation market  which already has a market size of  nearly $5 billion in 2018,  and the demand for the same is projected to grow at a notable  CAGR of 12%  during the forecast period. Industrial and factory automation refers to the automation of manufacturing, and material handling by using smarter manufacturing infrastructure. Industries are implementing automation to increase productivity and reduce labor costs. Embedded vision is a technology which optimizes the fa

Warehouse Robotics Market Overview: According to a report released by CBRE Group Inc., which is a commercial real estate service and investment firm, warehouse landscape in the United States of America is on a rise. Average size of a warehouse has increased by 143 per cent in the last ten years with 184,693 square feet being the size of a typical warehouse. [1]  These warehouses have expanded due to rising e-commerce sector and now require a higher number of workers for smooth functioning. Since manpower is limited, e-commerce giants are now relying on robots to run the space and perform work tirelessly. This has given birth to  warehouse robotics market  which has witnessed exponential growth in the last few years. In the year 2018, the global warehouse robotics market size stood at $2.79 billion, and during the forecast period of 2019-25, the global market size is expected to grow with a compound annual growth rate (CAGR) of 10.46%. Request Sample   Warehouse Robotics Market Outlook:

Increasing usage of machines, the demand for high quality products with high volume production in various industries, and increasing installation and adoption of smart devices are the factors driving the growth of the industrial and factory automation market during the forecast period  2019 to 2025.  Smart devices can communicate with each other within the factory and also with the cloud. According to the fresh market research report from IndustryARC, this is the major factor which is opening up  industrial and factory automation market  which already has a market size of  nearly $5 billion in 2018,  and the demand for the same is projected to grow at a notable  CAGR of 12%  during the forecast period. Industrial and factory automation refers to the automation of manufacturing, and material handling by using smarter manufacturing infrastructure. Industries are implementing automation to increase productivity and reduce labor costs. Embedded vision is a technology which optimizes the fa