Soaring demand for enhanced automotive components such as motorized seats continues to drive the brushless DC motors market. Moreover, stringent carbon emission regulations are fueling the demand for brushless DC motors in view of their superior energy efficiency features, delivering enhanced productivity, in addition to allowing for electrical savings.
A pressure transmitter is a device used to measure liquid or gas pressure. Due to rise in industrial machinery and consumer electronic appliances, there has been burgeoning demand for pressure transmitters. Rising demand for touch-screen smartphones and computing devices is also augmenting the demand for pressure transmitters worldwide.
A data historian solution records data acquired during a process and retrieves it by time. Data historian software can store data efficiently with low disk storage requirements and fast retrieval.
A manufacturing execution system is used in computerized manufacturing industries for tracking and certifying the transformation of raw materials into finished goods. Furthermore, a manufacturing execution system (MES) is an information system that connects the control complex manufacturing system with data flow and monitor on the factory floor.
The Global Robot Software Market was valued at $1.59 billion in 2018 and is expected to reach $13.48 billion by 2024 registering a whopping 44.45% CAGR during the forecast period. Rising adoption of robotics by SMEs and growth in industry 4.0 are some of the key trends which are expected to offer lucrative opportunities for investors in the global robot software market.