Search results for: 'complex need'

In 2024, the industrial automation and manufacturing sectors will experience a transformational growth journey propelled by state-of-the-art technological advancements and changing dynamics shaped by a complex economic landscape, geopolitical tensions, supply chain disruptions, labor market and workforce issues, stringent regulatory requirements, a...

Amid shifting industry dynamics being driven by decentralization, digitalization, decarbonization and the rise of new business models, the keystone market of industrial automation, lifecycle services, is expected to experience a phase of strong short-term growth. Frost & Sullivans market analysis estimates the market size to grow from $49.56B to $6...

Process standardization across plants located in different regions is key for accurate manufacturing intelligence. Further, the need for real-time visibility in manufacturing operations, the progressive transformation into a demand-driven economy, and the need to effectively manage evolving challenges will drive the market. This study provides mark...

17 Aug 2018  |  Global  |  Market Research

Global Manufacturing Execution Systems (MES) for Discrete Industry, Forecast to 2022

IIoT-enabled MES Solutions Will Help Overcome the Challenges of Legacy System, Uncertain Demand, and Complex Supply Chains

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Manufacturing execution systems are the integrated software applications that provide companies with the means to plan and schedule, track, direct, and implement their operations. The MES market is growing with the adoption of cloud computing and data analytics in distinct industry applications around the world. The market is likely to grow with th...

04 Sep 2019  |  North America  |  Market Research

Strategic Analysis of the Global Automation and Control System Market in Life Sciences Industry, 2018

Continuous Manufacturing and Serialization Drive the Market due to the Need for Personalized Medicines

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The life science industry is on the verge of transformation due to the introduction of new product lines, increasing preference for personalized medicines and localized manufacturing, and high cost pressure. The industry needs the help of digitalization technologies to accelerate the journey of transformation. Increasing focus on improving process ...

Accommodative monetary policy and low interest rates by the European Central Bank, coupled with increasing investments by Chinese investors in Central and Eastern Europe, had aided the resurgence of European economy in 2017. As part of China’s One Belt One Road project, the 16 Plus 1 initiative has made investments of $3 billion and plans to invest...

22 Aug 2025  |  Global  |  Market Research

Global Heat Exchangers Market, 2024–2029

Growing Adoption of Modular Heat Exchangers in Industrial Applications Emphasize Need for Scalability and Flexibility

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The study provides a detailed understanding of the global heat exchanger market across all major regions: North America, Latin America, Europe, the Middle East & Africa, and Asia-Pacific. It discusses the major heat exchanger types and trends driving demand. Currently, companies face challenges such as restrictions on technology transfers. Integrat...

The condition monitoring equipment market will undergo a significant transformation over the next 5 or 7 years due to the advent of new technologies, changing requirements for connectivity and analytics features, other equipment specifications. The condition monitoring market generated $1.92 billion in 2018. Although the revenue trajectory varies ...

European countries are experiencing unprecedented economic changes, forcing manufacturers to optimise product cost by implementing energy-efficient systems, which, in turn, is increasing the demand for electric drives in various end-user segments. This research service offers segment breakdowns for the low- and medium-voltage electric drives with a...