Global Industrial Centrifuge Market

Industrial control refers to electronic control systems that can control, monitor, and automate industrial processes with high precision, improved product quality, and reliability. The main types of control systems of industrial controls are distributed control systems (DCS), supervisory control and data acquisition system (SCADA,) and manufacturing execution system (MES). A distributed control system (DCS) is a platform for automated plant or industrial process control and operation. Human -machinerface (HMI), logic solvers, historian, common database, alarm management, and a common engineering suite are all combined into a DCS. The various component used includes modular terminal block relays and optocouplers, surge protectors, marking systems, printing, ferules cable lugs, handtools, testers, enclosure products, PCB connectors, and terminals, heavy-duty connectors, analog signal coconditionerselectronics housings, power supplies, industrial ethernet, and Remote IO. Industrial controls are used by automotive, utility, electronics and semiconductors, mining, and other end-users. The industrial controls market research report is one of a series of new reports from The Business Research Company that provides industrial controls market statistics, including industrial controls industry global market size, regional shares, competitors with an industrial controls market share, detailed industrial controls market segments, market trends and opportunities, and any further data you may need to thrive in the industrial controls industry. This industrial controls market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global industrial controls market size will grow from $136.82 billion in 2022 to $145.76 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial controls market size is expected to grow to $179.89 billion in 2027 at a CAGR of 5.4%. The growth of manufacturing industries, especially in developing economies is expected to support the growth of the industrial controls market. Industrial controls are monitor and automate industrial processes with high precision, improved product quality, and reliability. For instance, in April 2022, according to Goldman Sachs, a US-based investment banking company, the Indian manufacturing sector had growth of 210% in the fiscal year 2021–2022, compared to the fiscal year 2020–21, as well as a substantial increase in new investment and ordering activity post the pandemic. Compared to 2019–20, the manufacturing sector saw a 460% increase in 2021–22. Similarly, in March 2022, according to the United Nations Industrial Development Organization (UNIDO), an Austrian based agency that assists in economic and industrial development, global manufacturing production increased by 9.4% in 2021. Thus, the growth of manufacturing industries will support the growth of the industrial controls market. The industrial controls market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Industrial controls are being designed using artificial intelligence (AI) and the internet of things (IoT) that can support energy, telecommunications, surveillance, and other services. Smart city technologies are integrated with electrical and electronic components, thereby benefitting the companies operating in this market. According to the Indian Brand Equity Foundation (IBEF) report in March 2021, India-based government agency for providing economic information, the government of India announced the investment of $ 28.31 billion for the "Smart City Mission" in 2020 and additionally, by 2020, 176,059 crores (US$ 24.31 billion), or 86% of the total, will have been offered to complete projects. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Malicious cyber-attacks due to a lack of security in industrial infrastructure are acting as a restraint on the industrial controls market. Industrial controls are increasingly being integrated with connected sensors and integrated data systems making them vulnerable to cyber-attacks. For instance, 156 tornado alarm systems in the US city of Dallas were hacked forcing authorities to shut down the emergency system. OEMs are increasingly outsourcing product design and development processes to EMS partners to reduce overall costs and shift from fixed costs to variable costs. Some OEMs are collaborating with EMS partners and moving into new business models such as joint design manufacturing (JDM) and outsourced design manufacturing (ODM). JDM model is further divided into high touch JDM and low touch JDM. ODM model focuses on qualification and system integration testing, thus indicating a shift in the industrial controls manufacturing process. In September 2020, Dover Corporation, an American conglomerate manufacturer of industrial products, acquired XanTec Steuerungs- und EDV-Technik (Maag) for an undisclosed amount. The acquisition enhances Maag’s automation solutions offering with internet of things-enabled technology and positions Maag to grow its presence in aftermarket, remote service, and monitoring solutions for the polymer processing industry and related markets. XanTec Steuerungs- und EDV-Technik (Maag), is a Switzerland-based provider of integrated and customizable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical, and food industries. Major players in the industrial controls market are ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, and Endress+Hauser.  Asia-Pacific was the largest region in the industrial controls market in 2022. Western Europe was the second-largest region in the global industrial controls market. The regions covered in the global industrial controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial controls market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The industrial controls market consists of sales of supervisory control & data acquisition system (SCADA), distributed control system (DCS), manufacturing execution system (MES), and other industrial controls. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial controls market is segmented - 1) By Control system: Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA), Manufacturing Execution System (MES) 2) By End User: Automotive, Utility, Electronics & Semiconductor, Mining, Other End Users 3) By Component: Modular Terminal Block, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferulles Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connetors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housings, Power Supplies, Industrial Ethernet, Remote IO

Industrial machinery is power-driven machines or groups of machines working together in a coordinated manner in various industrial activities. This is used to cut, shape, form, press, lamination, or a combination of these processes. They are not portable by hand while working. The main types of industrial machinery are woodworking and paper machinery, other industrial machinery, printing machinery and equipment, semiconductor machinery, and food production machinery. Woodworking and paper machinery refers to the equipment that deals with wood and paper products. The various operations include autonomous, semi-autonomous, and manual. The various specificity includes small, medium, and large. The industrial machinery market research report is one of a series of new reports from The Business Research Company that provides industrial machinery market statistics, including industrial machinery industry global market size, regional shares, competitors with an industrial machinery market share, detailed industrial machinery market segments, market trends and opportunities, and any further data you may need to thrive in the industrial machinery industry. This industrial machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global industrial machinery market grew from $506.67 billion in 2022 to $545.67 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial machinery market is expected to grow to $708.3 billion in 2027 at a CAGR of 6.7%. Rapid advances in technology are expected to drive innovation in industrial machinery manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence, and big data analytics are being used in manufacturing thus resulting in higher productivity, lower operating costs, and higher margins. For instance, according to a global survey by The Economist Intelligence Unit, about 90% of corporate executives felt that artificial intelligence (AI) will have a positive impact on a company’s growth and 86% of respondents considered that AI will help improve productivity. Lower operating costs lead to higher margins, this allows companies to increase product portfolio and enter new markets by making investments made through cost savings. IoT applications are also being integrated into these devices to enable services such as remote monitoring, and central feedback systems and to offer other services. Mobile applications, advanced sensors, and embedded software also created new opportunities for companies in this market. These factors are expected to drive the engine, turbine, and power transmission equipment manufacturing market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the industrial machinery manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the industrial machinery manufacturing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. 3D log scanning is being integrated with sawmill manufacturing equipment to produce high-grade lumber at mills. A 3D log scanner is a scanner that measures the actual shape of the logs by coupling vision sensors with geometric data on the log. This helps to increase resolution quality, scan speeds, and laser lighting which is used to measure dark logs leading to a high-grade lumber recovery. This technology is widely used in super mills which are a conglomerate of satellite mills with around two or three log lines. Also, sensors used in 3D log scanning help to capture the knots faster leading to an optimized yield. Major companies offering sawmill equipment with 3D log scanning technology include Raptor Integration Inc., LMI technologies, and JoeScan. Major companies in the industrial machinery market include ASML Holding N.V, Tetra Laval International S.A, Tokyo Electron Ltd., Lam Research Corp, Applied Materials Inc., Canon Inc., Dover Corporation, Konica Minolta Inc., KLA-Tencor Corp, and Thyssenkrupp AG. The Asia-Pacific was the largest region in the industrial machinery market in 2022. Western Europe was the second largest region in the industrial machinery market. The regions covered in the industrial machinery report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial machinery market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The industrial machinery market consists of sales of industrial machinery such as food and beverage manufacturing machinery, semiconductor manufacturing machinery, sawmill and woodworking machinery (except handheld), machinery for making paper and paper products, printing and binding machinery and equipment, textile-making machinery, and machinery for making plastics and rubber products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial machinery market is segmented - 1) By Type: Woodworking And Paper Machinery, Other Industrial Machinery, Printing Machinery And Equipment, Semiconductor Machinery, Food Product Machinery 2) By Operation: Autonomous, Semi-Autonomous, Manual 3) By Capacity: Small, Medium, Large Subsegments Covered: Woodworking Machinery, Paper Industry Machinery, Chemical Processing Machinery And Equipment, Glass Making Machinery, Petroleum Refining Machinery, Plastics Working Machinery, Rubber Working Machinery, Tannery Machinery, Textile Making Machinery, All Other Industrial Machinery, Typesetting Machinery, Offset Printing Machinery, Flexographic Printing Machinery, Gravure Printing Machinery, Printing Trades Binding Machinery And Equipment, Other Printing Machinery And Equipment, Wafer Processing Equipment, Semiconductor Assembly And Packaging Equipment, Other Semiconductor Making Machinery, Dairy Product Plant Machinery And Equipment, Bakery Machinery And Equipment, Meat And Poultry Processing And Preparation Machinery, Other Commercial Food Products Machinery

A plug and socket outlet is a mechanism for regular coupling between a flexible cable and an electrical circuit, it comprises a socket outlet and a plug. The socket outlet is built to be linked to the electrical circuit. The plug is a component that is attached or intended to be connected to the end of a flexible cable that is connected to a device or connector. The industrial plugs and sockets market covered in the report is segmented by type into a plug, socket; by protection into waterproof, dustproof and splash-proof, explosion-proof, others; by end-user into power generation, oil and gas, heavy industry, chemical and pharmaceutical, others. The industrial plugs and sockets market research report are one of a series of new reports from The Business Research Company that provides industrial plugs and sockets market statistics, including industrial plugs and sockets industry global market size, regional shares, competitors with industrial plugs and sockets market share, detailed industrial plugs and sockets market segments, market trends and opportunities, and any further data you may need to thrive in the industrial plugs and sockets industry. This industrial plugs and sockets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global industrial plugs and sockets market size grew from $2.8 billion in 2022 to $2.98 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The industrial plugs and sockets market size is expected to grow to $3.85 billion in 2027 at a CAGR of 6.6%. The increasing demand for smart grid networks is expected to propel the growth of the industrial plugs and sockets market in the coming years. The smart grid is new electricity production, distribution and transmission infrastructure capable of automating and handling the rising complexity and demands of electricity in the 21st century. With an increasing tendency towards green energy, the substitution of the grid with the smart grid has gained prominence and is expected to increase the market for industrial plugs and sockets. A smart grid can help minimize greenhouse gas emissions by up to 211 million metric tons and is far more stable than a conventional grid, the demand for smart grid technology reached $400 billion in 2020. The number of smart grid innovation firms worldwide is expected to be about 150, of which 77.4% are located in the United States. Therefore, the increasing demand for smart grid networks drives the growth of the industrial plugs and sockets market during the forecast period. The impact of COVID-19 is expected to hamper the growth of the industrial plugs and sockets market in the coming years. Industry manufacturers experienced a downturn in shipment and production, as governments have shut down factories to control the spread of COVID-19. For instance, in 2020, Schneider Electric, a French-based electrical/electronic manufacturing firm, saw its first-quarter sales decline due to COVID-19 lockdowns, with first-quarter revenues of €5.83 billion (USD6.3 billion) declining 7.6% year-on-year. Therefore, the impact of COVID-19 hindered the growth of the industrial plugs and sockets market. The growing technological advancements are a major trend gaining popularity in the industrial plugs and sockets market. Major companies operating in the industrial plugs and sockets sector are focusing on developing technologically advanced solutions for industrial plugs and sockets. For instance, in August 2022, Tenneco Inc., a US-based automotive components equipment manufacturer and an aftermarket introduced an M14 range with HEX16mm and C-4001, a range of new Champion® industrial spark plugs. This double Iridium M14 industrial plug range is a high-performance spark plug, which offers electrical and mechanical strength and enables greater resistance against high-voltage failures due to its new ceramic formula and offered nominal electrode gaps of 0.25mm for stationary usage and 0.40mm for on- and off-road applications. In January 2020, Siemens, a Germany-based automation company, acquired C&S Electric Limited for $324.83 million (EUR 267 million). The acquisition will enhance Siemen's position in the business, enabling it to better serve customers requiring electrification in areas including construction, industry, data centers, smart campuses, and other city infrastructure. C&S Electric Limited is a New Delhi-based manufacturer of electrical and electronic equipment. Major players in the industrial plugs and sockets market are ABB Ltd., Amphenol Corporation, Legrand SA, Marechal Electric Group, Mennekes, Schneider Electric SA, Emerson Electric Co., Eaton Corporation PLC, Power and Control, and Labhya Tech. The Asia-Pacific was the largest region in the industrial plugs and sockets market in 2022. The regions covered in the industrial plugs and sockets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the industrial plugs and sockets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial plugs and sockets market consists of sales of plugs and sockets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial plugs and sockets market is segmented - 1) By Type: Plug, Socket 2) By Protection: Waterproof, Dustproof and Splash-Proof, Explosion-Proof, Other Protections 3) By End User: Power Generation, Oil And Gas, Heavy Industry, Chemical And Pharmaceutical, Other End-Users

The industrial automation are used to control and monitor a process, machine, or device in a computerized manner that will fulfill repetitive functions or tasks. They are designed to operate automatically to reduce and improve human work in the industry. They are operated using logical programming commands and powerful machinery. The main components of industrial automation are industrial robots, human-machine interfaces (HMI), industrial sensors, control valves, and other components. Industrial automation uses HMIs to monitor machinery to make sure it's working properly and also, they are helpful in the maintenance of the machinery in the industries. They use various control systems such as supervisory control and data acquisition (SCADA), distributed control system (DCS), programmable logic controller (PLC), Manufacturing Execution System (MES), component lifecycle management (PLM), enterprise resource planning (ERP), and human-machine interface (HMI) that are used by aerospace and defense, automotive, healthcare, energy and utilities, manufacturing, oil and gas, mining, transportation, and other industries. The industrial automation market research report is one of a series of new reports from The Business Research Company that provides industrial automation market statistics, including industrial automation industry global market size, regional shares, competitors with a industrial automation market share, detailed industrial automation market segments, market trends and opportunities, and any further data you may need to thrive in the industrial automation industry. This industrial automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global industrial automation market size grew from $177.26 billion in 2022 to $190.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial automation market size is expected to grow to $256.73 billion in 2027 at a CAGR of 7.7%. The increasing significance of robotics is expected to propel the growth of the industrial automation market. Robotics involves the design, manufacture, and operation of intelligent machines to assist humans. Robotics is being increasingly applied in industrial automation processes to handle various processes and machinery in an industry to increase efficiency, replace manual labor, increase speed, and overall performance. For instance, according to the International Federation of Robotics, a professional non-profit organization, there will be a 12% increase in shipments of robotics units globally between 2020 and 2022. Therefore, the increasing significance of robotics is driving the industrial automation market. Technological advancements are the key trends gaining popularity in the industrial automation market. Advancements such as the incorporation of AI in robots help them to learn the processes with complete autonomy so that they can even communicate with other robots and humans in some cases. Major players in the market are focusing on incorporating AI technology in industrial robots to be a leader in the market. For instance, in March 2022, Mitsubishi Electric Corp., Japan-based electronics company disclosed that they will introduce new industrial robotic systems incorporated with its Maisart AI technologies including high-precision speech recognition that would allow operators to fine-tune robot movements as required. In October 2020, Emerson Electric Co., a US-based manufacturing company acquired the Progea Group for an undisclosed amount. This acquisition will strengthen Emerson’s ability to provide customers with visualization and IoT, an integrated package of control to help customers accelerate their digital transformation journey and improve overall equipment efficiency. Also, it will expand its industrial automation control footprint. Progea Group is an Italy-based company that offers automation software. Major players in the industrial automation market are Emerson Electric Co, General Electric Company, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Mitsubishi Electric Corporation, ABB Ltd., Dassault Systemes SE, Honeywell International Incorporation, Omron Corporation, Endress+Hauser AG, Yokogawa Electric Corporation, Danaher Corporation, Fuji Electric Co. Ltd., and Hitachi Ltd. Asia-Pacific was the largest region in the industrial automation market in 2022. The regions covered in the industrial automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial automation market includes revenues earned by entities by manufacturing automation, automated quality inspection systems, process automation services, remote monitoring and control. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial automation market is segmented - 1) By Component: Industrial Robots, Human Machine Interface (HMI), Industrial Sensors, Control Valves, Other Components 2) By Control System: Supervisory Control And Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Component Lifecycle Management (PLM), Enterprise Resource Planning (ERP), Human Machine Interface (HMI) 3) By Industry: Aerospace And Defense, Automotive, Healthcare, Energy And Utilities, Manufacturing, Oil And Gas, Mining, Transportation, Other Industries

An industrial sensor consists of an input device that provides an output signal with respect to a physical quantity or input. It is used to monitor, analyze, and process several changes in the industrial manufacturing process. The main industrial sensor types include image sensors, pressure sensors, temperature sensors, level sensors, position sensors, humidity sensors, force sensors, and other sensors. Image sensors are used to convert an optical image into an electronic signal. Image sensors are used in imaging devices to convert light received through the imaging device into a digital image. The different industrial sensor operation types include contact and non-contact, which are used by various end-users such as manufacturing, oil and gas, chemicals, pharmaceuticals, energy and power, and mining. The industrial sensor market research report is one of a series of new reports from The Business Research Company that provides industrial sensor market statistics, including industrial sensor industry global market size, regional shares, competitors with an industrial sensor market share, detailed industrial sensor market segments, market trends and opportunities, and any further data you may need to thrive in the industrial sensor industry. This industrial sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global industrial sensor market size grew from $19.04 billion in 2022 to $21.07 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The industrial sensor market size is expected to grow to $31.07 billion in 2027 at a CAGR of 10.2%. Increasing industrial automation is significantly driving the growth of the industrial sensor market. Industrial sensors are crucial to industrial automation because they allow processes to be intelligent and self-contained. These enable the detection, evaluation, measurement, and processing of a wide range of transformations that occur in industrial manufacturing facilities, including changes in position, length, height, exterior, and dislocation. Through industrial automation, several sensing devices enable robotic procedures like deburring, grinding, polishing, and sanding. For instance, Switzerland-based ABB Robotics conducted a poll of 250 UK industrial organisations in 2021 and observed a shift in views toward automation in the country, with 81.2% of companies favouring it. Furthermore, in October 2021, the Saudi Ministry of Industry and Mineral Resources revealed that its Fourth Industrial Revolution (4IR) strategy aims to convert 4,000 sectors from heavy reliance on foreign labour to digital automation in the next five years. Hence, increasing industrial automation is expected to drive the market in the forecast period. Technological advancement is a trend gaining popularity in the industrial sensor market. Technological advancement helps in gaining an edge over competitors. Companies in the market are focusing on developing new technological solutions to get more precise, real-time control to strengthen their position. For instance, in August 2020, PCTEL, Inc., a US-based provider of industrial IoT devices and antennas, added a wireless communication sensor platform to its industrial IoT portfolio. This platform includes a sensor for easy integration and a communication board, a development kit for application-specific customization, and a battery-enabled wireless sensor endpoint for seamless installation. Furthermore, in June 2020, STMicroelectronics, a Swiss semiconductor and electronics manufacturer, launched QST108, a capacitive touch sensor that allows the easy creation of back-lit sensing surfaces, thereby enabling companies to decrease touch-panel costs while creating modern interfaces. In March 2021, Datalogic, an Italian company involved in the design and production of sensors for detection and radio-frequency identification, acquired M.D. Micro Detectors SpA from Finmasi di Marcello Masi & C. SAPA for an undisclosed amount. The transaction allows Datalogic to strengthen its presence in the industrial automation market through the addition of ultrasonic and inductive sensors to its product range, with applications in different industrial sectors including pharmaceuticals, electronics, automotives, and logistics. M.D. Micro Detectors is an Italy-based company involved in designing and manufacturing different types of industrial sensors and safety devices. Rockwell Automation, Honeywell International, TE Connectivity, Panasonic Corporation, STMicroelectronics, First Sensor AG, Siemens, Amphenol Corporation, Bosch Sensortec, NXP Semiconductors, Renesas Electronics, Teledyne Digital Imaging Inc., Figaro Engineering Inc., Endress+Hauser, Safran Colibrys SA, Integrated Device Technology, and Infineon Technologies are major players in the industrial sensor market. Asia-Pacific was the largest region in the industrial sensor market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial sensor market consists of sales of pressure sensors, level sensors, infrared sensors, proximity sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial sensor market is segmented - 1) By Sensor Type: Image Sensor, Pressure Sensor, Temperature Sensor, Level Sensor, Position Sensor, Humidity Sensor, Force Sensor , Other Sensors 2) By Operation Type: Contact, Non-Contact 3) By End-User: Manufacturing, Oil And gas, Chemicals, Pharmaceuticals, Energy And power, Mining

Industrial robots refer to programmable, mechanical devices used in place of people to perform dangerous or repetitive tasks with a high degree of accuracy. A robot has its own control system and is not controlled by a machine. The main types of industrial robots are articulated robots, linear robots, cylindrical robots, parallel robots, scara robots, and other robots. Linear robots are a form of industrial robot that has two or three main axes that move in a straight line rather than rotate and work at right angles to each other. The three sliding joints correspond to wrist movement: up and down, back and forth, and in and out. The various applications of industrial robots included pick and plane, welding and soldering, material handling, assembling, cutting and processing, and other applications. The various end-user industries involved are automotive, electrical and electronics, healthcare and pharmaceuticals, food and beverages, rubber and plastics, metals and machinery, and other end-user industries. The industrial robots market research report is one of a series of new reports from The Business Research Company that provides industrial robots market statistics, including industrial robots industry global market size, regional shares, competitors with an industrial robots market share, detailed industrial robots market segments, market trends and opportunities, and any further data you may need to thrive in the industrial robots industry. This industrial robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global industrial robots market size will grow from $47.21 billion in 2022 to $52.34 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial robots market size is expected to grow from $77.23 billion in 2027 at a CAGR of 10.2%. The shortage of skilled workers is contributing to the growth of the industrial robots market. As there is an increase in production requirements and due to high demand manufacturers are not able to fulfil the supply due to a shortage of skilled labor. Shortage of skilled labor exists due to two main reasons, the presence of unskilled workers and skilled workers but not available for work. According to the Department of Labor, as of January 2020, the US economy had 7 million job openings, but only 5.6 million people were looking for work. Producers to maintain a high supply are thus opting for the installation of robots. Industrial robots increase the overall productivity, efficiency, and effectiveness of the company. Therefore, the shortage of labor gives rise to other opportunities for the addition of robots to the workforce. High purchase and installation costs of industrial robots are expected to limit the growth of the industrial robots market. A robot installation is very costly as it is not only for the purchase of the robot but also for integration, programming, and maintenance. This is a major challenge for Small and Medium-size enterprises (SMEs) as they produce in low volumes and returns on investment will be a challenge. Moreover, fast-changing consumer preferences will also result in customization of a machine which will be again hard for SMEs to do so. According to RobotWorx, an industrial robot manufacturer's cost of an average new industrial robot ranges from $50,000 to $80,000 whereas it can go up to $100,000 to $150,000 as application specifics are added. Therefore, the high purchase and installation of industrial robots are expected to limit the growth of the industrial robots market. Automated mobile robots (AMR) are one of the recent trends in the industrial robots market. AMR is a robot that is designed to move materials across a plant floor or through a warehouse without the aid and direction of a human worker. Floor cleaners, forklifts, and pallet movers are examples of types of AMRs. For instance, Fetch Robotics, a California-based firm handles heavy loads in its warehouse by using AMR. Fetch Robotics cloud computing program enables an operator to scale and control all operations with the click of a button. It eliminates employee risk for injury and increases the efficiency of their overall operations. In March 2021, Accenture, a multinational company having specializations in information technology and consulting, based out of Irelands has announced the acquisition of Pollux for an undisclosed amount. As a result of this acquisition, Accenture intends to witness the tangible benefits of full integration of information technology and operations technology, which will help Accenture's manufacturing clients. Pollux Robotics is a Brazilian company that creates industrial robots. Major players in the industrial robots market are ABB, Yaskawa, Kuka, Fanuc, Mitsubishi Electric, Kawasaki Heavy Industries, Denso, Nachi Fujikoshin, Epson, and Dürr. The Asia-Pacific was the largest region in the industrial robots in 2022. Western Europe was the second largest region in the global industrial robots market. The regions covered in the global industrial robots report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the industrial robots market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial robots market consists of sales of manipulator, controller, electroactive polymers, elastic nanotubes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial robots market is segmented - 1) By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, Scara Robots, Other Product Types 2) By End-User Industry: Automotive, Electrical And Electronics, Healthcare & Pharmaceuticals, Food & Beverages, Rubber & Plastics, Metals & Machinery, Other End-User Industries 3) By Application: Pick And Plane, Wielding And Soldering, Material Handling, Assembling, Cutting And Processing, Other Applications

The industrial label refers to a material that is used to identify equipment and provide visual or textual information regarding use or risks. These are durable and strongly resistant to heat, light, moisture, corrosive solvents, and other environmental factors that can cause labels to fade, crack, rip, or peel. The majority of industrial labelling applications demand long-term legibility in harsh physical environments. The main types of industrial labels are warning or security labels, branding labels, weatherproof labels, equipment asset tags, and others. The warning labels involve marked and visible safety, and warning labels will keep individuals who are vulnerable aware of the potential hazards, whether they're harmful parts of work equipment or a product itself. The different raw materials include metal labels, plastic or polymer labels, and involve various mechanisms such as pressure-sensitive, glue-applied, heat transfer, and other mechanisms. The different printing technologies include digital printing, lithography, flexography, screen printing, and others and are used in transportation, construction, automotive, consumer durables, and other end users. The industrial labels market research report is one of a series of new reports from The Business Research Company that provides industrial labels market statistics, including industrial labels industry global market size, regional shares, competitors with an industrial labels market share, detailed industrial labels market segments, market trends and opportunities, and any further data you may need to thrive in the industrial labels industry. This industrial label market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global industrial labels market size grew from $53.7 billion in 2022 to $58.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial labels market size is expected to grow to $76.95 billion in 2027 at a CAGR of 7.1%. The rapid rise of e-commerce is significantly contributing to the growth of the industrial label market. E-commerce refers to conducting business activities and transactions over the internet. It includes internet-based activities such as product purchasing and selling, as well as monetary transactions. With the rise of online shopping, there is a greater demand for a variety of labels and packaging. For instance, in November 2021, according to the Census Bureau of the Department of Commerce, a US-based government agency, in the third quarter of 2021, e-commerce sales increased by 6.6% over the third quarter of 2020. Therefore, the rapid rise of e-commerce drives the industrial label market moving forward. Strategic partnerships are the key trend gaining popularity in the industrial label market. Major companies operating in the industrial label market are undergoing partnerships to strengthen their position. For instance, in January 2022, Brother Mobile Solutions, a US-based provider of mobile, desktop, and industrial printing, labeling, and safety signage solutions, partnered with TEKLYNX, a US-based provider of barcode label software solutions. This partnership aims to bring enterprises the most advanced tools to design and print barcode labels easily and to industry standards. Furthermore, in September 2021, Mark Andy, a US-based innovator of narrow- and mid-web printing and finishing equipment, partnered with UPM Raflatac, a Finland-based provider of industrial labels. This partnership aims to deliver digital label printing technologies to digital converters. In January 2020, CCL Industries Inc., a Canada-based provider of specialty label, security, and packaging solutions, acquired Eti-Textil for a deal amount of $19.6 million. With this acquisition, Eti-Textil contributes a comprehensive range of labeling products and services, including RFID, while expanding ALS' operational footprint in Liberia and North Africa. ETI-TEXTIL is a Spain-based label manufacturer that provides identification and coding solutions to the textile, apparel, footwear, and leather industries. Major players in the industrial labels market are Avery Dennison Corporation, Brady Corporation, Henkel AG & Company KGaA, DuPont de Nemours Inc., Cenveo Corporation, LabelTac, Drytac Corporation, Cosmo Films Ltd., 3M Company, CCL Industries Inc., Cannon Inc., HB Fuller Co, Dunmore Corporation, Xerox Corporation, CILS International. Asia-Pacific was the largest region in the industrial labels market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial labels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial label market consists of sales of label materials, adhesives, silicone paper and printing inks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial labels market is segmented - 1) By Product Type: Warning or Security Labels, Branding Labels, Weatherproof Labels, Equipment Asset Tags, Other Products 2) By Raw Material: Metal Labels, Plastic or Polymer Labels 3) By Mechanism: Pressure-sensitive, Glue applied, Heat transfer, Other Mechanism 4) By Printing Technology: Digital printing, Lithography, Flexography, Screen printing, Other Printing Technologies 5) By End User: Transportation, Construction, Automotive, Consumer durables, Other End Users

Industrial gearbox refers to as an enclosed system in which the mechanical energy is transferred from one device to another and is used to increase torque while reducing speed. The main type of Industrial gearbox types are planetary, helical, bevel, spur, worm and other types. A planetary system is a collection of gravitationally bound non-stellar objects in or out of orbit around a star or system of stars. It includes designs in parallel axis, angled axis and other designs, that are applied in construction and mining equipment, automotive, chemicals, rubber and plastic, wind power, and material handling The industrial gearbox market research report is one of a series of new reports from The Business Research Company that provides industrial gearbox market statistics, including industrial gearbox industry global market size, regional shares, competitors with a industrial gearbox market share, detailed industrial gearbox market segments, market trends and opportunities, and any further data you may need to thrive in the industrial gearbox industry. This industrial gearbox market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The industrial gearbox market research report is one of a series of new reports from The Business Research Company that provides industrial gearbox market statistics, including industrial gearbox industry global market size, regional shares, competitors with a industrial gearbox market share, detailed industrial gearbox market segments, market trends and opportunities, and any further data you may need to thrive in the industrial gearbox industry. This industrial gearbox market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global industrial gearbox market size grew from $28.59 billion in 2022 to $30 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The industrial gearbox market size is expected to grow to $36.43 billion in 2027 at a CAGR of 5.0%. The rising adoption of industrial automation has been a major driving factor for the industrial gearbox market. Industrial automation systems are computerized systems that regulate and monitor a process, machine, or device to perform repetitive activities or duties. They are designed to run on their own to reduce and improve human labor in the business. For instance, in 2021, according to the robotic survey, robots are presently used as an integral part of 44.9 % of the respondents' assembly and manufacturing facilities, according to the poll. More specifically, 34.9 % of those with robots utilize collaborative robots (cobots), whereas the other 65.1 % use only industrial robots. Hence, the rising adoption of industrial automation has been a major driving factor for the industrial gearbox market. Product innovation is a key trend gaining popularity in the industrial gearbox market. Many companies operating in the industrial gearbox market are developing innovative products to strengthen their position in the market. For instance, in October 2020, Sumitomo Drive Technologies, a US-based manufacturer of gear motors, industrial gearboxes, and speed reducers launched the new Hansen M5CT industrial gearbox. The Hansen M5CT is a future-oriented development based on the experience of three existing product lines. In March 2022, RNWBL, LLC, a US-based technology company acquired Gearbox Express for an undisclosed amount. Through this acquisition, RNWBL is focused on providing field services and technology to the wind, solar and broader renewables industry. Gearbox Express is a US-based gearbox manufacturer that provides remanufactured gearboxes, main shafts, parts, and other services. Major players in the industrial gearbox market are Bondioli & Pavesi S.p.A., Johnson Electric Holdings Limited, Siemens AG, Sumitomo Heavy Industries Ltd., David Brown, China High-Speed Transmission Equipment Group Co. Ltd., Rexnord, Cone Drive Operations, Curtis Machine Company, GearTech Inc., Essential Power Transmission Pvt. Ltd., Griffin Gear Inc., Precipart Corporation, NORD drive systems Pvt. Ltd., Allied Precision Gears Inc., Renold PLC. and Ashoka Machine Tools Corporation. Asia-Pacific was the largest region in the industrial gearbox market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial gearbox market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial gearbox market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial gearbox market consists of sales of concentric, shaft mount, and right angle, driving shaft, clutch shaft, main shaft, layshaft, counter shaft, gear shift fork. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial gearbox market is segmented - 1) By Type: Planetary, Helical, Bevel, Spur, Worm, Other Types 2) By Design: Parallel Axis, Angled Axis, Other Designs 3) By Application: Construction and Mining Equipment, Automotive, Chemicals, Rubber and Plastic, Wind Power, Material Handling