25 - 27 February 2020 // Nuremberg, Germany
The emergence of Internet of Things (IoT) and Industry 4.0 is impacting the growth of industrial control and factory automation market worldwide. IoT can be integrated with cloud computing and big data analytics into industrial control and factory automation processes, which can be integrated with various types of rugged LCD displays, human machine interface (HMI), industrial computing solutions and embedded applications.
Technavio's research analyst predicts the global industrial automation control market to grow steadily at a CAGR of close to 8% during the forecast period. Technological advancements drive consumption of rugged LCD displays to enhance color, contrast and picture quality, whereas increased automation of production processes boost demand of HMI as well as other industrial computing solutions for the distinction of working at a higher efficiency with minimal energy expenditure.
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