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Fortune Business Insights specializes in producing market research reports for the machinery & equipment industry, offering in-depth analysis of t
...he industry drivers, trends, and restraints, and detailed insights into the future prospects along with a comprehensive evaluation of the historical performance of the industry. Automation includes processes that utilize intelligent technologies to carry out tasks without the need for human intervention. Automation in the machinery & equipment industry is fast gaining traction, with operators getting increasingly reliant on machines powered by technologies such as Artificial Intelligence (AI) and Internet of Things (IoT). It allows businesses to optimize their processes and increase workplace efficiency and productivity, which are the two primary drivers for this domain. Additionally, automated equipment can also help in bringing about sustainability in manufacturing. In the wake of Industry 4.0, automation in machinery & equipment applications is set to surge enormously. For example, according to Fortune Business Insights, manufacturing sector in developing countries in Asia-Pacific is experiencing rapid growth and many players in the region are conceiving products based on Industry 4.0. Through its reports on this industry, including those focusing on automation, Fortune Business Insights provides detailed profiles of the companies operating in this domain and enables new entrants to strategize in an informed manner.
Read MoreThe global delivery robots market size was valued at USD 306.3 million in 2023. The market is projected to grow from USD 398.6 million in 2024 to USD 3,226.1 million... Read More
The global autonomous construction equipment market size was valued at USD 14.25 billion in 2023 and market is projected to grow from USD 15.28 billion in 2024 to US... Read More
The global cordless lawn mower market size was valued at USD 2.43 billion in 2021 and is projected to grow from USD 2.61 billion in 2022 to USD 4.63 billion by 2029,... Read More
The global interactive kiosk market size was valued at USD 16.10 billion in 2019 and is projected to grow USD 55.74 billion in 2032, exhibiting a CAGR of 9.3% during... Read More
The global robotic welding market size was USD 5.42 billion in 2020 and is projected to grow from USD 5.80 billion in 2021 to USD 9.76 billion in 2028, exhibiting a ... Read More
The global smart manufacturing market size was valued at USD 310.92 billion in 2023 and market is projected to grow from USD 349.48 billion in 2024 to USD 998.99 bil... Read More
The global AI in manufacturing market size was valued at USD 8.14 billion in 2019 and is projected to reach USD 695.16 billion by 2032, exhibiting a CAGR of 37.7% du... Read More
The global smart elevator market size was valued at USD 18.75 billion in 2019 and is projected to reach USD 65.95 billion by 2032, exhibiting a CAGR of 9.5% during t... Read More
The global virtual reality in manufacturing industry was valued at USD 0.92 billion in 2018 and is projected to reach USD 116.25 billion by the end of 2032, exhibiti... Read More
The global SCADA market size was valued at USD 39.32 billion in 2023. The market is projected to grow from USD 41.75 billion in 2024 to USD 78.62 billion by 2032, ex... Read More
The global material handling equipment (MHE) telematics market size was valued at USD 5.43 billion in 2023. The market is projected to grow from USD 6.16 billion in ... Read More
The global automated test equipment market size was valued at USD 5.01 billion in 2023. The market is projected to grow from USD 5.18 billion in 2024 to USD 8.36 bil... Read More
The global building automation systems market size was valued at USD 77.09 billion in 2023. The market is projected to grow from USD 82.02 billion in 2024 to USD 150... Read More
The global cargo container x-ray inspection systems market size was valued at USD 1.69 billion in 2023. The market is projected to grow from USD 1.78 billion in 2024... Read More
Industrial cybersecurity market size was valued at USD 15.84 billion in 2019 and is projected reach USD 51.58 billion in 2032, exhibiting a CAGR of 8.9% during the f... Read More