The Service robotics market in the Asia Pacific is estimated to grow with a CAGR of 19.27% over the forecast period of 2018-2026. Some of the factors which are responsible for the growth of the market include a rise in the need for automation, growing elderly population, increasing government support and continuous research & development in the field of service robotics. ASIA PACIFIC SERVICE ROBOTICS MARKET FORECAST 2018-2026 Asia Pacific Service Robotics Market by Application... Read more
Global Oil & Gas Process Automation & Instrumentation Market is estimated to grow with approx.4.18% CAGR during the year 2018 – 2026. The base year considered for the study is 2017 and the forecast period is 2018 to 2026. Global Oil & Gas process automation and instrumentation market is primarily driven by the following factors: Huge investments in R & D. Increased crude production rate due to automation & instrumentation GLOBAL OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET... Read more
The global process automation and instrumentation market is anticipated to grow from $ 70.2 billion in 2017 to $112.2 billion by 2026, at a CAGR of 5.33% during the years 2018 and 2026. The process automation is an inexpensive proposition that involves the implementation of ERP or BPMS toolsets. The Process automation and instrumentation market are primarily driven by following factors: Reduced costs and better value for products and services. Inclination of growth towards manufacturing... Read more
The global it robotic automation market is expected to grow at a CAGR of 43.01% during the years 2018-2026. The market is majorly driven by the various benefits of RPA technology in the growing data-driven industries. Adoption of RPA technologies is majorly driven by the increasing demand from the BPO and e-commerce industry. The IT robotic automation market is primarily driven by following factors: GLOBAL IT ROBOTIC AUTOMATION MARKET FORECAST 2018-2026 Global It Robotic Automation... Read more
The North America market for process automation and instrumentation is estimated to grow $33920 million by 2026 from $23527 million in 2017. During the forecast period, the growth of the market is expected at CAGR of 4.18%. Escalating labor cost and low price of automation solutions, rising demand for oil and gas leading to need for energy efficient production process are some of the major factors for the growth of the process automation and instrumentation... Read more