Many
electrical equipment, electronic products and component manufacturing companies
are using robotics and automation to improve plant efficiency and productivity.
Sensors are being used in various machines to access invaluable data for
improving efficiencies and reduce potential breakdowns. For instance, according
to a report by Boston Consulting Group (BCG) in 2016, 1.2 million industrial
robots are expected to be deployed by 2025, thus indicating a rise in
automation and robotics technology adoption to improve productivity and reduce
production costs.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL OTHER ELECTRICAL EQUIPMENT, ELECTRONIC PRODUCTS AND
COMPONENT MANUFACTURING MARKET AT $362 BILLION IN 2017
Asia Pacific was
the largest geographic region in the market, accounting for more than half of
the global market. China was the largest country, accounting for one-third of
the global other electrical equipment, electronic products and component
manufacturing market.
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According to
The Business Research Company’s Consultant, Nitin Gianchandani, virtual reality
technology is being adopted by electronic manufacturing companies to improve
manufacturing efficiency. This technology in the electronic manufacturing
industry is often referred as digital design, simulation and integration.
Virtual reality minimizes the scope for product defects in design phase. For
instance, virtual reality technology enables companies to inspect design
objects at all conceivable scales, thereby eliminating defects in the product
in the design stage.
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a sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=427&type=smp
Nippon Carbon was the largest player in the other electrical equipment, electronic
products and component manufacturing market in 2017, with revenues of $196
million in 2016. Nippon Carbon’s growth strategy
aims at exporting
products overseas and proceeding with application development in partnership
with foreign companies.
Other
electrical equipment, electronic products and component manufacturing industry
group comprises establishments of manufacturing electrical equipment and
components (except electric lighting equipment, household-type appliances,
transformers, switchgear, relays, motors, and generators). It includes
manufacturing of carbon and graphite product, vaporizers, e-cigarettes, other
electronic nicotine delivery systems (ENDS) and general electrical equipment
and component.
Other Electrical
Equipment, Electronic Products And Component Manufacturing Global
Market Report 2018 is a detailed report giving a unique insight into this
market. The report is priced at $4000 for an individual user. To use across
your office, the price is $6000 and $8000 if you wish to use across a
multinational company.
About
The Business Research Company
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call +447443439350 or +918897263534 or +919160996838 for more information on
this and many other titles.
The Business Research Company is a market research and
intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and
the US as well a network of trained researchers globally. It has specialist
consultants in a wide range of industries including manufacturing, healthcare,
chemicals and technology.
The Business Research Company's management has more than 20 years
of varied business research experience. They have delivered hundreds of
research projects to the senior management of some of the world's largest
organizations.
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