Industry Background:
The automation industrial monitors are compact with a shallow mounting depth and are ideal for installation in harsh environments or for many factory automation applications. There are many benefits to using rugged wide-temperature displays for military, marine, or industrial applications. Automation industrial monitors are built to have increased durability to endure harsh weather conditions, wear and tear, and physical use. With the addition of extended temperature ranges, these monitors can ensure consistent and reliable use in extreme outdoor environments.This growth is primarily driven by Technological Shift and Development of High Specification Monitor Devices
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Industrial Conglomerates sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as AAEON (Taiwan), Advantech (Taiwan), Hope Industrial Systems (United States), Rockwell Automation (United States), Siemens (Germany), Axiomtek (Taiwan), Barco (Belgium), Beckhoff Automation (Germany), CIMTEC Automation (United States) and Honeywell (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 1 Feb, 2019 - Advantech announced the completion of the 80% stake acquisition of OMRON Nohgata, a subsidiary of OMRON Corporation. OMRON Nohgata will now be known as “Advantech Technologies Japan” (ATJ). ATJ is located in Nohgata Fukuoka Japan, focusing on application markets in factory automation, machinery, and medical sectors.
In October 2020, Siemens Energy introduced Managed Detection and Response (MDR), a new artificial intelligence (AI)-based industrial cybersecurity service based on Eos.ii to help small and medium energy companies defend their critical infrastructure from cyberattacks. I applied. MDR's technology platform, Eos.ii, leverages AI and machine learning methodologies to collect and model real-time energy asset intelligence. This allows Siemens Energy's cybersecurity experts to monitor, detect and discover attacks before they are launched. Armed with actionable insights from MDR's technology platform, Siemens Energy's cybersecurity experts are available to power generation, oil and gas, renewable energy, and transmission and distribution customers.
Influencing Trend:
Advent of Immersive Virtual Reality and Rising Demand for Human-Machine Interface Devices
Market Growth Drivers:
Technological Shift and Development of High Specification Monitor Devices and Growing Adoption of IoT in Industries
Challenges:
Increasing Instability in Business and Industrial Environment
Restraints:
High Costs Pertaining to the Acquisition and Implementation of Industrial Monitors
Opportunities:
Rising Demand from Digital Signage Applications
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automation Industrial Monitors Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automation Industrial Monitors Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automation Industrial Monitors players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automation Industrial Monitors Study Sheds Light on
The Automation Industrial Monitors Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automation Industrial Monitors industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automation Industrial Monitors industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.