Technology News & Trends

  Featuring a largely fragmented and highly competitive vendor landscape, companies operating in the global   market for motion controllers   benefit from the vast set of application areas across a large number of process and manufacturing industries, observes Transparency Market Research in a recent report. The global market comprises several small-scale vendors across promising regional markets and is likely to remain highly competitive for large companies in the near future as well, unless attempts are made to consolidate the market with the help of strategic collaborations, mergers, and acquisitions. Some of the leading companies in the market are Rockwell Automation, Schneider Electric, Parker Hannifin, and Siemens. The report states that the market will exhibit a promising  7.82%  CAGR from  2019  to  2027,  registering a promising revenue opportunity of  US$3,670.30 Mn  by  2027  from  US$1,878.68 Mn  in...

Featuring a largely fragmented and highly competitive vendor landscape, companies operating in the global market for motion controllers benefit from the vast set of application areas across a large number of process and manufacturing industries, observes Transparency Market Research in a recent report. The global market comprises several small-scale vendors across promising regional markets and is likely to remain highly competitive for large companies in the near future as well, unless attempts are made to consolidate the market with the help of strategic collaborations, mergers, and acquisitions. Some of the leading companies in the market are Rockwell Automation, Schneider Electric, Parker Hannifin, and Siemens. The report states that the market will exhibit a promising 7% CAGR from 2017 to 2025, registering a promising revenue opportunity of US$3,013.0 mn by 2025 from US$1641.5 mn in 2016. Thriving Industrial Sector in Asia Pacific to Remain a Strong Force for Global Mark...