The analysts forecast global automation market in automotive industry to grow at a CAGR of 8.33% during the period 2018-2022. One trend in the market is emergence of smart manufacturing.
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The adoption of smart manufacturing enables industrial advances with the help of advanced computing, analytics, low-cost sensing, and new levels of connectivity enabled by the Internet.
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The major objectives of smart manufacturing are flow optimization and customization, asset tracking, predictive maintenance, and real-time inventory optimization.
Major key players in the global automation market in automotive industry: ABB, General Electric, Emerson Electric, Rockwell Automation, Schneider Electric, Siemens, Applied Materials, Apriso, Aspen Technology, Aurotek, Auto Control Systems, Automation and control systems, DENSO, and FANUC.
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According to the automation market in automotive industry report, one driver in the market is rising technological advances in PLC leading to growth of PAC market. PLC is one of the key solutions offered by any automation solutions vendor.
It has been widely adopted across all the industries worldwide for 40 years. Although the PAC market is on the verge of maturity, recent advances such as PACs are supporting the market in terms of operability.
PACs are advanced versions of PLCs and provide greater interoperability, flexibility in programming, and large memory capacity. A PAC is basically a PC merged with PLC to automate control of the equipment.
PAC's hardware architecture and software are designed to be more user- friendly to the IT/computer programmer.
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Few Points from List of Exhibits:
Exhibit 1: Global Industrial Automation Software Market 2017
Exhibit 2: Global Industrial Automation Software Market
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2017
Exhibit 7: Validation Techniques Employed For Market Sizing 2017
Exhibit 8: Global Automation Market in Automotive Industry Market Size and Forecast 2017-2022 ($ Bn)
Exhibit s9: Global Automation Market in Automotive Industry Year-Over-Year Growth 2018-2022 (%)
Exhibit 10: Five Forces Analysis 2017
Exhibit 11: Five Forces Analysis 2022
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition - Five Forces 2017
Exhibit 18: Technology Market Share 2017-2022 (%)
Exhibit 19: Comparison by Technology
Exhibit 20: Global Industrial Sensors Market in Automotive Industry Market Size and Forecast 2017-2022 ($ Bn)