According to Goldstein Research, Brazil ICS market is expected to reach USD 1.9 billion by 2025, growing at a CAGR of 8.93% over the forecast period 2017-2025. The factors such as automated industrial environment and use of advanced technologies such as robotics are increasing the demand for efficient and secure industrial solutions and thus driving the growth of industrial control system market in Brazil. Brazil ICS market segmentation has been carried out on the basis of the control system, applications, end users, and geography. The multiple processes in the manufacturing industry which require effective monitoring and automation of the processes. Thus the Manufacturing industry segment of the end users accounts for a market share of 25.68% in 2017. Brazil ICS market has immense growth opportunities owing to the fact that Brazil is a developing country and thus it facilitates developmental activities in the power and energy and transportation industry. Moreover, the growing
Automotive
industry outlook covers all major trends that are shaping the market dynamics.
Automotive industry insight reports mainly focus on the major challenges that
are faced by market players to boost their revenue.
Our
insights about the automotive industry assist the market players to achieve
positive sales and earnings results. Infrastructural development in developing
countries is creating new market entry opportunities; automotive industry is
anticipated to experience huge investment opportunities in the upcoming future.
Increasing demand for connectivity and digitalization is taking today’s
automotive industry to an extremely disruptive level; however co-integration of
auto and digital world can tap new future revenue streams. Uncertainty of sales
due to geographical turmoil and regional shift are subject to hinder the growth
of new market players.
Automotive
industry outlook covers all
major segment of automotive industry such as passenger vehicles, commercial
vehicles etc. According to our recent survey on automotive industry, market
players are moving towards the adoption of electrification technology. A study
across the government bodies all across the world shows that environmental
friendly technologies is going the boost the production volume globally.
Automotive industry is majorly driven by shared mobility, connectivity services
and feature upgrade; market players are now adopting new business model that
could add up to 30% to their revenue potential by 2025.
Automotive
industry insights help the key players to make appropriate decision to grow
their unit sales despite of the huge competition and lower rate of sales in
past couple of years. Our report covers a detailed analysis of how new mobility
services will affect the unit sales of private vehicles and how the market is
expanding with increasing shared vehicle sales. Rising middle class population
in developing countries is propelling the sales of two wheelers in these
geographical segments. Automotive industry is anticipated to expand in
connected car segment owing to the emerging internet of things technology,
electric car manufacturers are planning to create solar roofs with advanced
integrated battery storage. The automotive industry will experience a range
technological shift in the upcoming future and the changes had already begun.
To know about related automation
industry market reports please visit our industrial
automation industry outlook.
Comments
Post a Comment