Global Industrial Counters Market 2017-2021
About Industrial Counters
Industrial counters are control devices that receive a pulse signal and then count the pulses to display the output. Counters are basically used for counting. They display, count, and measure the number of items, produced quantities, and events. In addition, variables such as velocities, flow rates, and rotational speeds in an industrial process can also be displayed, controlled, and monitored. Industrial process involves the use of numerous products, which cannot be counted manually. Here, an industrial counter provides an accurate count of the products as a means to control and monitor the industrial process.
Technavio’s analysts forecast the global industrial counters market to grow at a CAGR of 4.18% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial counters market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Counters Market 2017-2021
Technavio recognizes the following companies as the key players in the global industrial counters market: Eaton, Mitsubishi Electric, OMRON, Rockwell Automation, and Schneider Electric.
Other Prominent Vendors in the market are: Autonics, Data Technologies, Fargo Controls, Hengstler GmbH, Littelfuse, Spectris, Panasonic electric works Europe AG, Pepperl+Fuchs, and Siemens.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is preset counters gaining momentum. A preset counter is a counter with controller function. In a preset counter, the counter is fed with some input value and is functioned to operate until the count value reaches the set value. While normal counters only perform counting function, a preset counter can compare values, determine differences, display control factors, and communicate with superordinate control systems via serial interfaces.”
According to the report, one driver in the market is increase of precision control in healthcare sector. The healthcare industry is one of the most regulated industries where high accuracy and precision control are required. The demand for high quality and safe products has increased the focus on quality control and quality assurance. There has been an increase in adoption of airborne particle counters in environmental monitoring of pharmaceutical, biopharmaceutical, and radiopharmaceutical facilities. The healthcare industry is witnessing a growth in Africa and Asia where healthcare amenities are still not affordable and available to all.
Further, the report states that one challenge in the market is data inaccuracy during operation. Counter is a device that counts the number of object in the production line. When an object in the production line crosses a light beam emitted from a photoelectric sensor its presence is detected by the counter. Sometimes two or more objects simultaneously cross the light beam, which generates a signal for one object detection instead of multiple. This creates inaccurate data not commensurate with the actual object count, which results in data discrepancy. The solution to this is the use of multiple counters for the same function, which restores accuracy but adds to the production cost.
Eaton, Mitsubishi Electric, OMRON, Rockwell Automation, Schneider Electric, Autonics, Data Technologies, Fargo Controls, Hengstler GmbH, Littelfuse, Spectris, Panasonic electric works Europe AG, Pepperl+Fuchs, and Siemens.
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