Shrink Sleeve Labels Market 2016 market Share, Regional Analysis and Industrial Automation Market

Industrial Automation Market Scenario, Leading Players, Segments Analysis and Growth Drivers to 2022

Market Overview
In this rapidly changing environment, companies are expanding their scale of operations by increasing investments. In industrial automation innovation is very beneficial. Industrial automation has become worldwide. Different countries are exploring ways for industrial automation. Robotics in industrial automation has established a trend in industrial automation.
Internet of things( IOT) is considered as a major component with respect to industrial automation therefore industries adopting Internet of Things which has increased the demand for industrial automation. There was a recent report from the United Nation about the industrial automation which stated that there are high chances that industrial automation would disrupt the labor market. This has become a threat for industrial automation.
Industrial Automation Market is growing rapidly over 6 % of CAGR and is expected to reach at USD 149 billion by the end of forecast period. Cost reduction, high efficiency in the process and ability to provide the overall information and initiate early stage development for the products are the major driving factors of this market.
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Competitive Analysis-
Major Key Players in Industrial Automation Market are
� Siemens AG( Germany), � ABB Ltd.( Switzerland), � Emerson Electric Company( U. S.), � General Electric Company( U. S.),
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