Global Industrial Automation Market 2016: Company Profiles, Market Segments, Landscape and Demand Forecast to 2022

Market Highlights:

Industrial Automation can be defined as the use of computer aided control devices to operate different industrial processes by replacing human involvement. Industrial automation helps to operate multiple processes in controlled manner. It helps for mass production by reducing time and increasing production quality.

Industrial Automation consists of different levels such as sensor level, automation control level automation, supervision level and enterprise level. The sensor level can also be called as the process level that uses sensors and actuators for getting values of the process variables on periodic or continuous basis.  Control devices like PC’s/PLC’s/DCS and others. are used by the automation control level. PLC is majorly a machine control whereas DCS leads the process control.

The automation control level operates using different embedded processors, PID algorithms to control all processes. Industrial automation includes various technologies as Supervisory control and data acquisition (SCADA), Human Machine Interface (HMI). Supervisory control and data acquisition is a controlled system architecture which uses computers, graphical user interfaces and network data communications for high-level processes. Human Machine Interface includes the electronics required to signal and control the state of Industrial Automation Market equipment. The major benefits of industrial automation can be considered as replacing human involvement from risky areas of work, greater quality of production and economy improvement.

Global Industrial Automation Market is expected to grow at USD 149 Billion by 2022, at 6% of CAGR between 2016 and 2022.

 

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Major Key Players:

  • Siemens AG (Germany)
  • ABB Ltd. (Switzerland)
  • Emerson Electric Company (U.S.)
  • General Electric Company (U.S.)
  • Schneider Electric SE (France)
  • Honeywell International, Inc. (U.S.)
  • Mitsubishi Electric Corporation (Japan)
  • Yokogawa Electric (Japan)
  • Rockwell Automation, Inc. (U.S.)

 

Industrial Automation Market Segmentation:

The Industrial Automation Market has been segmented on the basis of type, technology, and end user. Looking through the industry segments it’s been observed that manufacturing industry would expect a substantial increase in industrial automation sector.

 

Whereas metals and mining, oil and gas, automotive and transport industries are also leading industries in industrial automation sector. These industries are showing a positive growth towards industrial automation.

 

Market Research Analysis:

Market Research Future Analysis shows that there are many organizations which are lagging in industrial automation but there is an expectation of sudden hike in industrial automation. It has been observed that many companies are getting incentives for increasing their investment in industrial automation. The major benefits of industrial automation are increase in production, quality and replacing labor intervention. These factors would definitely increase the industrial automation market very soon.

 

Regional analysis for industrial automation market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that Europe would account for larger share in industrial automation sector followed by North America and Asia-Pacific. Asia-Pacific countries like Japan, China, and Korea, also the south East Asian countries like Vietnam are also showing progress in field of industrial automation.

 

Regional Analysis:

The regional analysis of Industrial automation market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. The ongoing global trend towards greater industrial automation is being reflected in an increase in the number of industrial robots into the US.

 

Currently, there has been news in Japan that factory automation has paved a way for establishment of robot training centers. There has been an upward trend in industrial automation in the Asia pacific nations including Vietnam.  It is proved that using industrial robots helps saving time and increasing product quality and production capacity leading to improve the competitiveness. This factors are expected to drive the industrial automation market in Asia-Pacific Region.

 

Intended Audience:

  • Process Automation and Instrumentation Manufacturers
  • Industrial Robot Manufacturers
  • MES (Manufacturing Execution System) and MOM (Manufacturing Operations Management) Players
  • System Integrators
  • Government  Organizations
  • Research/Consultancy firms

 

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