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Europe Industrial Automation Services
(IAS) Market by Solution, Service Type, End-user, and Country 2014-2025: Growth
Opportunity and Business Strategy : Ken Research
Germany leads the European market for
industrial automation services
The Report Europe
Industrial Automation Services (IAS) Market by Solution, Service Type,
End-user, and Country 2014-2025: Growth Opportunity and Business Strategy gives a detailed analysis on the industrial
automation services market in the European level. The report is based on a comprehensive research
of the European industrial automation services market by analyzing the entire
local market and all its sub-segments through extensively detailed
classifications. Profound analysis and assessment are generated from premium
primary and secondary information sources with inputs derived from industry
professionals across the value chain. The report provides historical market
data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till
2025. The top players in the European level are AlterG, Inc., Bionik Laboratories Corp., Cyberdyne,
Inc., Ekso Bionics, Hocoma, Honda Motor Co., Ltd., Myomo, Panasonic Corporation
(Activelink), Parker Hannifin Corporation, ReWalk Robotics Ltd., Rex Bionics
Plc. And U.S. Bionics, Inc. (suitX).
Automation is when machines once performed by
humans are partially or completely governed by the machines in itself.
Automation fist emerged in the automobile industry and is widely used in the
manufacturing context. Automation uses technology to execute tasks and is
capable of performing tasks without human intervention. Robotics is a part of
automation and has changed the way how industries and companies manufacture and
deliver impact. Increasing automation has led to increase in productivity,
production, efficiency, safety and reduced lead time. Many industries stick on
to automated machineries due to the higher output and productivity. They have
resulted in consistent quality, regularity and safety. However, it does have
the social spill over effect of unemployment and excess capital requirement
which hampers its growth.
Automated factories are the growing rapidly
especially in Europe given it hosts the hubs for automotive and manufacturing
industries. They are expensive since any new configuration or changes demand
rebuilding which is not cost – effective. The industries are also heavily
controlled by remotes and powerful robots and they are all a matter of
networked intelligence.
Region – wise, Germany is the leading player
with Italy and UK slowly growing. The integration of hardware and software is
one of the major factors of growth. This is due to reduced wastages, lesser man
– made accidents, increasing innovation in products. Due to the new
improvements and advancements like remote terminal units, sensor technology and
IT have made it economically profitable for the industries to invest in
automation.
To know more, click on the link below:
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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