Tuesday 23 July 2019

5.5%+ growth for Automation Control for Material Handling market Size raising to US$ 35200 Mn by 2025

Automation Control for Material Handling Market Research Report is a professional and in-depth study on the current state of the global industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Automation Control for Material Handling Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions development status.
Global Automation Control for Material Handling market size will reach 35200 million US$ by 2025, from 24200 million US$ in 2018, at a CAGR of 5.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automation Control for Material Handling.
Other key benefits are better control during operation and higher energy efficiency. The global industrial automation and control market considers under its scope, the sales revenue from implementations of PLCs and DCSs, including hardware components such as drives and sensors. In recent years, industrial automation and control have been associated with an increase in the adoption of smart devices, such as sensors, for efficient data collection and conversion of data into information.

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