DUBLIN--(BUSINESS WIRE)--The new research portal will provide visitors with the opportunity to browse a comprehensive collection of company reports on Mitsubishi, as well as in-depth market research and analysis of their activities within the energy, banking, finance, machinery, automotive and food industries.
One such report available on the portal, World Factor Automation & Industrial Controls Market, forecasts the market to reach $125 billion by 2018 at a CAGR of 7.3%. The global factory automation & industrial control market is expected to grow at a good rate. It is estimated that almost 35% to 50% of production cost is due to energy consumption and wastage in an industrial unit. Factory automation plays a significant role in reducing energy consumption and increasing operational efficiency, which are the key drivers for the market.
However, most of the industrial units operate on a tight budget, especially for SMEs; therefore, there are limited re-investment opportunities, as profits are not very high. This is one of the major restrains for the growth of the market as not all production facilities can afford investment in automation and industrial control.
“The new research portal provides up-to-date statistical and analytical information on Mitsubishi’s performance in automation and industrial controls market, and their activities in the wider manufacturing industry,” says Ross Glover, CEO of Research and Markets.
For more information visit http://www.researchandmarkets.com/companies/mitsubishi-corporation?cid=x4bhfl
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