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Global smart manufacturing industry 4.0 Industry 4.0 is the new era of industrial revolution, which has transformed the manufacturing arena by collaborating with information technology (IT) such as Big Data and Cloud Computing along with robotics, physical machinery and human resource. Automation is replacing human effort, involvement through powerful machinery and programming commands. The global Industry 4.0 market is expected to grow at a CAGR of 11.73% (2015 -2023) leading to a global revenue of USD 648.93 Bn. by 2023.

Human workers were the main asset for manufacturing industry before industrial revolution. Over time, new technology and technology kept coming. And the Fourth industrial revolution concept brings technology in manufacturing industry to make things easy in production process. industry 4.0 is all about automation in manufacturing. Some major players understood the importance of automation technology in manufacturing process and stated using it in manufacturing. That's how work in manufacturing industry shifting from human working to machine.

Industry 4.0 is not only about technology it is more than just automation in manufacturing. Accurate real time data and report generate automatically which lead to accurate decision making. There can be minimum errors in production. Minimum downtime results in long working hours. And this help to complete production quickly. These all are important aspect for manufacturer. And technology brings smart workers who can handle these automatic machine on production floor. which can lead to product innovation. So here, so many benefits are there to use industry 4.0 technology. So industry is not only about technology. Real time data tracking enable to making thing centralized through accurate decisions.

Indian industry cannot ignore adopting Industry 4.0 and it has to focus more on making use of green technologies and best

Growing need to reduce carbon emission from the maritime industry and the adoption of industry 4.0 by seaports to enhance the capacity of seaports are key factors driving the growth of the smart ports market.

According to a research report "Servo Motors and Drives Market by System (Linear, Rotary), Communication Type (Fieldbus, Industrial Ethernet, Wireless), Voltage (Low, Medium, High), Brake Technology, Material, Product Type, End-users, Offering and Region - Global Forecast to 2027″ published by MarketsandMarkets, the servo motors and drives market is expected to grow at a CAGR of 5.7% during the forecast period, from an estimated USD 12.0 billion in 2022 to USD 15.8 billion in 2027. The rise in the adoption of feedback control systems in industrial operations has increased the demand for motion control systems, which is supported by trends such as Industry 4.0. The rising smart manufacturing initiatives for in various countries for improving reliability and productivity is supporting the growth for servo motors and drives.

Servo Motors and Drives Market is projected to grow from USD 12.0 billion in 2022 to USD 15.8 billion by 2027, at a CAGR of 5.7%, according to a new report by MarketsandMarkets™. The rise in the adoption of feedback control systems in industrial operations has increased the demand for motion control systems, which is supported by trends such as Industry 4.0.

According to the new market research report "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) Drilling Service, Others), Application (Onshore, Offshore), Region - Global Forecast to 2025", size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. The rising number of mature fields in Europe and the Middle East, along with rising primary energy demand from Asia Pacific are the driving factors for the coiled tubing industry, globally. Coiled tubing units are required while intervention and drilling operations during either of the phases, well drilling, completion, and production.

the Coiled Tubing Market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. The rising number of mature fields in Europe and the Middle East, along with rising primary energy demand from Asia Pacific are the driving factors for the coiled tubing industry, globally. Coiled tubing units are required while intervention and drilling operations during either of the phases, well drilling, completion, and production.

the global coiled tubing market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led to increased investments in the enhancement of productivity of oil & gas wells. Furthermore, the global coiled tubing industry is driven by the upsurge in the oil & gas production by countries owing to rising demand from the Asia Pacific. Browse 245 market data Tables and 61 Figures spread through 264 Pages and in-depth TOC on "Coiled Tubing Market" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=804 North America is estimated to be the fastest-growing market for coiled tubing during the forecast period. The region has been segmented, by country, into the US and Canada. The increasing shale oil & gas production in the North America region is driving the coiled tubing market. According to the BP statistical report for June 2019, the US is the top producer of oil, producing 15.3 billion barrels of oil, in 2018. Moreover, the country has been experiencing huge investments from upstream operators to increase the production from the depleting fields in Texas, Permian Basin, and the Gulf of Mexico, along with new drilling activities in ultra-deepwater locations in the Gulf of Mexico, which is likely to drive the North American coiled tubing market. The coiled tubing market, by service, is segmented into well intervention service, drilling service, and others. Others include minor services such as fishing, fracturing, wireline logging, and inspection. Well Intervention services is the fastest growing market by region and are also observed as new revenue pockets. These services are further sub-segmented as well cleaning & pumping operations and well completions & mechanical operations. The challenges faced by oilfield operators during the well comple

"The global plastic container market size is anticipated to reach USD 112.5 billion by 2025, expanding at a CAGR of 4.0% over the forecast period. Increasing demand for convenient food products such as functional and nutritional drinks is expected to expand the scope for packaging container over the forecast period. Packaging plays a crucial role in adding value to the product. Plastic packaging in the food and beverages industry is increasingly preferred owing to its aesthetic appeal and convenience, which attracts both manufacturer and consumer. This, in turn, is expected to fuel product demand over the forecast period. PET is prominent material used for manufacturing plastic container. Attributes such as non-toxic, safe, and lightweight make it a preferred material for soft drinks, juice, and bottle water. Growing consumption of juice, functional drinks, and bottle water is expected to increase use of PET bottle and container in the food and beverages industry. Use of HDPE in plastic container is expected to witness significant growth over the forecast period."

The Smart Ports Market is estimated to grow from USD 1.7 billion in 2021 to USD 5.1 billion by 2026 at a CAGR of 23.9% during the forecast period. Growing need to reduce carbon emissions from the maritime industry and the growing adoption of Industry 4.0 to enhance port efficiency are the key factors driving the growth of the Smart Ports Market. Growing adoption of big data, IoT, blockchain, artificial intelligence, and digital twin to increase the operational efficiency of ports is expected to offer profitable opportunities for the Smart Ports Market during the forecast period.

According to the new market research report "Smart Ports Market by Technology (IoT, Blockchain, Process Automation, Artificial Intelligence (AI)), Elements (Terminal Automation, PCS, Smart Port Infrastructure), Throughput Capacity, Port Type, and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Smart Ports Market is estimated to grow from USD 1.7 billion in 2021 to USD 5.1 billion by 2026 at a CAGR of 23.9% during the forecast period. Growing need to reduce carbon emissions from the maritime industry and the growing adoption of Industry 4.0 to enhance port efficiency are the key factors driving the growth of the Smart Ports Market. Growing adoption of big data, IoT, blockchain, artificial intelligence, and digital twin to increase the operational efficiency of ports is expected to offer profitable opportunities for the Smart Ports Market during the forecast period.

Compucare Automation is the division of Compucare India pvt. ltd. which working towards industry 4.0 to contribute in development of manufacturing industry. Compucare India Provide customized solution in Production Monitoring system, ANDON system, Industrial Safety Display Board, Environment Health and safety display board to make factory smart. Compucares' innovation effectively uses combination of Hardware and Software Technologies thus blurring the real and virtual world and paving the way towards cyber-physical production systems.

The robotic welding market is expected to grow at a CAGR of 8.91%, from 2018 to 2023, to reach a market size of USD 5.96 billion by 2023. Increasing implementation of Industry 4.0 revolution and rising need for scalability in manufacturing units in developing economies to meet the growing demand for various products would contribute to the growth of the robotic welding market.

The robotic welding market is expected to grow at a CAGR of 8.91%, from 2018 to 2023, to reach a market size of USD 5.96 billion by 2023. Increasing implementation of Industry 4.0 revolution and rising need for scalability in manufacturing units in developing economies to meet the growing demand for various products would contribute to the growth of the robotic welding market.

The smart ports market is estimated to grow from USD 1.7 billion in 2021 to USD 5.1 billion by 2026 at a CAGR of 23.9% during the forecast period. Growing need to reduce carbon emissions from the maritime industry and the growing adoption of Industry 4.0 to enhance port efficiency are the key factors driving the growth of the smart ports market. Growing adoption of big data, IoT, blockchain, artificial intelligence, and digital twin to increase the operational efficiency of ports is expected to offer profitable opportunities for the smart ports market during the forecast period.

The smart ports market is estimated to grow from USD 1.7 billion in 2021 to USD 5.1 billion by 2026 at a CAGR of 23.9% during the forecast period. Growing need to reduce carbon emissions from the maritime industry and the growing adoption of Industry 4.0 to enhance port efficiency are the key factors driving the growth of the smart ports market. Growing adoption of big data, IoT, blockchain, artificial intelligence, and digital twin to increase the operational efficiency of ports is expected to offer profitable opportunities for the smart ports market during the forecast period.

Servo Motors and Drives Market is projected to grow from USD 12.0 billion in 2022 to USD 15.8 billion by 2027, at a CAGR of 5.7%, according to a new report by MarketsandMarkets™. The rise in the adoption of feedback control systems in industrial operations has increased the demand for motion control systems, which is supported by trends such as Industry 4.0. The rising smart manufacturing initiatives for in various countries for improving reliability and productivity is supporting the growth for servo motors and drives.

According to the new market research report, The global motor monitoring market is projected to reach USD 2.9 billion by 2026 from an estimated USD 2.0 billion in 2021, at a CAGR of 7.8% during the forecast period. The global motor monitoring market is driven by the adoption of industry 4.0 in the industrial sector and wireless technology and increased adoption of motor monitoring in Electric vehicles and transportation.

Smart port market is expected to grow from an estimated USD 1.7 billion in 2021 to USD 5.1 billion by 2026, at a CAGR of 23.9% during the forecast period. The growing adoption of Industry 4.0 to enhance port efficiency and growing need to reduce carbon emission from the maritime industry are the main drivers for smart port market. Digitalization is transforming the way traditional processes work across the globe. The Global Positioning System (GPS) is a major technology used for these tasks. Generally, GPS enables detecting and tracking movable objects such as containers, vessels, vehicles, and equipment. However, in the current scenario, the data generated from various sensors and devices result in the generation of patterns to enhance efficiency and increase overall productivity. The use of real-time data collected using various sensors helps communicate accurate water (hydro) and weather data to shipping companies, which allows them to predict the best time to enter the Port. Participation and encouragement from governments in smart port infrastructure development are expected to offer lucrative opportunities for smart port market during the forecast period.