keyboard_arrow_up

Market Report on Mexico Factory Automation and Machine Vision Market Worth $6.99 Billion by 2020

According to a new market research report of "Mexico Factory Automation and Machine Vision Market by Technology (ICS, MES, ERP, ITS), Field Devices, Products (PC-based, Smart Camera, Embedded), Components (Camera, FGOL), Application (Process, Discrete) - Global Forecast & Analysis to 2013 - 2020", published by MarketsandMarkets, the Mexicofactory automation & machine vision market is expected to grow $6.99 Billion at a CAGR of 6.18% from 2014 to 2020.

Browse 70 market data Tables and 96 Figures spread through 384 Pages and in-depth TOC on "Mexico Factory Automation and Machine Vision Market"

http://www.marketsandmarkets.com/Market-Reports/mexico-factory-automation-machine-vision-market-149652036.html

The factory automation and machine vision is an emerging trend in the manufacturing organizations, providing smart manufacturing setup. Factory Automation provides cost efficiency, quality and standard production, reliability and flexibility in the production process. The factory automation and machine vision includes the perfect blend of technologies, products, mechanical components, devices and Information Technology. The emerging applications like Heating Ventilation Air Conditioning (HVAC) systems, Human Machine Interface (HMI) and electronic power distribution systems will further surge the demand of automation systems in the coming future.

The human being is continuously advancing the production processes from the inception industrial revolution in 18thcentury, as new technologies are stepping in. The factory automation find their applications in various discrete and process industries including industries like power, textiles, oil & gas, chemicals, food & beverages, pharmaceuticals, automotive & transportation, packaging, wood and others. The machine vision systems find their application in automotive, semiconductor & electronics, rubber & plastics, containers & packing, and medical devices. The manufacturers of the goods will have an additional benefit if they are shifting to the wireless technology in factory automation, as it will offer cost-efficient, feasible and flexible production environment.

http://www.marketsandmarkets.com/speaktoanalyst.asp?id=149652036

The market for factory automation in Mexico is driven by the increasing focus on energy saving and efficiency improvement. The industrial control devices are making it possible for the organizations to smoothen their production activities also make them standardized, enabling cost cuttings and waste reductions. The Internet of things and services is to play crucial role in the factory automation market, as they facilitate improvement in the industry’s engineering, production, logistics and life cycle management as they integrate the factors of production. The organizations are surviving in the cut-throat competitive environment, where they are striving for having competitive edge over others in production process, and this has pushed the market to the incessant advancement. A smart camera-based system is the new improved machine vision technology which offers high accuracy and reliabilities. It contains an imager to capture images, intelligence (processor) to process and analyze images, and input and output capabilities. In other words, in a smart camera, all the components, right from cameras to processor and input-output devices, are embedded into a small box. Smart cameras are generally used for simple tasks and are very easy to operate. As compared to PC systems smart camera have more compact dimensions and lesser components and also are easy to implement and use.

The basic factors such as increasing need of real-time surveillance of the process, virtual monitoring, and the integration of the automation systems with the mobile technology and satellite communication are expected to aid the growth of factory automation and machine vision market during the forecast years. The cloud-based SCADA software solution which is used as a control system in the industry is another technology in the trend. This will enable users to view the real-time processed & historical data which is uploaded to cloud and can be accessed by a devices such as smart-phones, tablets, and computers. Major companies have started adopting cloud based SCADA platforms which is expected to significantly reduce problems related to IT network deployment cost, reliability, and system functionality. Recently, ABB partnered with the Globalogix to provide a cloud-based SCADA infrastructure to their customer in Oil and Gas sector.

With the advancement in technology, the Mexico factory automation and machine vision system market is growing with a great pace. The organizations now demand for improved operational efficiency with high quality production, which is possible only with highly efficient working robots and factory automation software systems. In present scenario, where the human activities are also being automated by use of robotics, the factory automation system provides great aid to the plant operators to carry out the monitoring and controlling process in a cost-effective manner which in turn increases the operational efficiency of the firm. Benefits of a fully automated control over the manually controlled process are convenience, reduction in process time, and increased efficiency and profitability.

http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=149652036

Emerson process management is one of the business units of “Emerson Electric Co. (established in 1890) and is headquartered in the U.S. It leads in aiding business automate their production, and processing and distribution facilities in various key industries. The company’s factory automation technologies like SCADA/HMI software system solutions help the customers plan, implement, and support their operations. Emerson process management has been very aggressive in shifting jobs from the U.S. to Mexico’s plant, as part of its cost cutting strategy. In March, 2014, Emerson Network Power announced that it will lay off 63 employees from its plant in Delaware, as the company plans to move some work to its plant in Mexicali, Mexico.

Contact:

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com