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Transparency Market Research published new market report"Industrial Controls and Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019".Industrial control and robotics tools serve to monitor and control various processes within the industries. Demand for these systems is expected to show continuous growth attributed to increased requirements of high product quality, precision, and reliability in large volume production. It is challenging to achieve low cost and high quality products without automation, which was previously done manually. Industrial automation tools help various industries such as oil and gas, Pharmaceuticals, in monitoring mass production processes with minimal chances of errors automatically. Automotive industry is the largest end user of industrial controls and robotics. However, Semiconductor industry is expected to emerge as the fastest end user segment owing to the requirement of high degree precision with rapid production in industry.," The global industrial controls and robotics market was worth USD 102.02 billion in 2012 and is expected to reach USD 147.7 billion in 2019, growing at a CAGR of 5.6% from 2013 to 2019. Americas i.e. (North America and South America) was the largest market for industrial controls and robotics in 2012 due to re-engineering in the old industrial segment along with the adoption of new technologies and increasing demand for mass production.
Browse the report With Full TOC at http://www.transparencymarketresearch.com/industrial-robotics-market.html