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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 waterjet cutting machine market size stood at USD 1,036.9 million in 2019 and is projected to reach USD 1,675.1 million by 2027, exhibiting a CAGR of 6.3%... Read More
The global industrial robots market size stood at USD 21.83 billion in 2019 and is projected to reach USD 66.48 billion by 2027, exhibiting a CAGR of 15.1% during th... Read More
The global milking robots market size stood at USD 1.25 billion in 2019 and is projected to reach USD 2.94 billion by 2027, exhibiting a CAGR of 11.4% during the for... Read More
The global automatic ticket machine market size stood at USD 2.36 billion in 2019 and is expected to reach USD 6.31 billion by 2027, exhibiting a CAGR of 13.2% durin... Read More
The global baggage handling system market size stood at USD 8.55 billion in 2019 and is expected to reach USD 14.79 billion by 2027, exhibiting a CAGR of 7.2% during... Read More
The global smart elevator market size stood at 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 f... Read More