DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/x92lqg/global_industrial) has announced the addition of the "Global Industrial Automation Market in Food and Beverage Industry 2014-2018" report to their offering.
An industrial automation solution helps organizations, especially those in the process and discrete industries, optimize their business operations through the efficient control of various processes. There are five major types of industrial automation solution: DCS, MES, SCADA, APC, and PLC.
These automation solutions improve organizational efficiency by facilitating uninterrupted system operations. In addition, they help companies by providing real-time information, which improves the efficiency of the entire plant and reduces the total cost of ownership.
One of the major trends in this market is the increased demand for totally integrated solutions. To optimize the operational cost and improve plant efficiency, vendors are looking for totally integrated automation systems.
According to the report, the need to reduce total cost of ownership is a major driver of the market. Decreased profit margins because of high competition and little product differentiation have forced vendors to reduce the total cost of ownership, which has led to increase in adoption of automation systems in the Food and Beverage industry.
Further, the report states that one of the major challenges in this market is the unwillingness of end-users to migrate to the latest technology. Several organizations worldwide find it difficult to shift from their legacy systems to the latest technology because of various technical issues such as interoperability and incompatibility with existing systems.
Key Vendors
- ABB
- Emerson Electric
- Honeywell International
- Schneider Electric
- Siemens
- Yokogawa Electric
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Product
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/x92lqg/global_industrial
