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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 More
The global baggage handling system market size was USD 8.55 billion in 2019 and is expected to reach USD 14.79 billion by 2027, exhibiting a CAGR of 7.2% during the ... Read More
The global smart elevator market size was USD 16.23 billion in 2018 and is projected to reach USD 39.78 billion by 2026, exhibiting a CAGR of 12.0% during the foreca... Read More
The global industrial robots market size was valued at USD 18.8 Billion in 2018 is projected to reach USD 59.9 Billion by 2026, exhibiting a CAGR of 15.7% during the... Read More