Top 11 Industrial Automation Systems Market
Companies in the World
According to Market.us, The Global Industrial Automation Market size is expected to
be worth around USD 493 Billion by 2032 from USD 212.6 Billion in 2023, growing at a
CAGR of 9.0% during the forecast period from 2022 to 2032.
Top 11 Industrial Automation Systems Market Companies in the World
Adobe Systems Incorporated: Adobe is a multinational software company known for
their industry-leading creative software such as Photoshop, Illustrator and InDesign.
Furthermore, they also offer marketing and document management software which
makes Adobe one of the key players in digital media and marketing technology.
ABB Ltd: ABB is an international technology firm specializing in robotics, automation
and power solutions that aims to increase industrial productivity while improving
energy efficiency and sustainable transportation - making them one of the premier
engineering and electrification firms today.
Emerson Electric Company: Emerson Electric is a diversified global technology
company offering solutions in automation, climate control and power management
across many industries. Their core strengths lie in innovation and efficiency - helping
their customers tackle complex engineering challenges effectively.
Honeywell International, Inc:
Honeywell is an award-winning multinational conglomerate recognized for their
aerospace, building technologies and performance materials products and services
that enhance safety, security and energy efficiency across various industries including
aerospace manufacturing and smart buildings.
Kawasaki Heavy Industries, Ltd:
Kawasaki Heavy Industries is an eminent Japanese engineering and manufacturing firm
known for their extensive involvement in many sectors, such as aerospace, energy,
industrial machinery, high speed trains and robotics technology development.
Mitsubishi Electric Corporation:
Mitsubishi Electric is an international leader in electrical and electronic equipment.
Their wide array of products includes air conditioning systems, factory automation
equipment and consumer electronics - providing key solutions across multiple
industries.
OMRON Corporation:
OMRON is a Japanese automation and healthcare technology company widely
recognized for their cutting-edge industrial automation solutions, electronic
components, and healthcare devices which advance automation and medical
technologies.
Rockwell Automation, Inc:
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Rockwell Automation is a global leader in industrial automation and information
technology. Their products and services help boost manufacturing productivity and
efficiency - making them one of the key players in this sector of automation.
Schneider Electric SE:
Schneider Electric is an international corporation specializing in energy management
and automation solutions for various industries, such as smart buildings. Their
products and services provide solutions that increase energy efficiency, sustainability,
and automation across a range of areas such as energy management.
Siemens AG:
Siemens is an international conglomerate widely respected for their technological
innovations and infrastructure solutions, operating across sectors like energy,
healthcare and industry, offering products such as power generation to medical
imaging equipment.
Yokogawa Electric Corporation:
Yokogawa Electric is a Japanese multinational corporation that specializes in industrial
automation and control solutions, such as instrumentation and control systems for
various industries ensuring safe and efficient operations.
Fuji Electric Co., Ltd:
Fuji Electric is an internationally recognized Japanese electrical equipment
manufacturer that provides power electronics, industrial equipment and energy
solutions that contribute to sustainable energy and industrial applications. They boast
an array of products from power electronics to energy solutions to support this goal.
According to Market.us, The Global Industrial Automation Market size is expected to
be worth around USD 493 Billion by 2032 from USD 212.6 Billion in 2023, growing at a
CAGR of 9.0% during the forecast period from 2022 to 2032.
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Key Takeaways
Navigating the industrial automation systems market involves understanding key insights
that will allow businesses to make informed decisions. Below are key points for
consideration:
1. Automation Revolution: Today's market is experiencing an evolution driven by Industry 4.0
and smart manufacturing technologies that is revolutionizing efficiency and productivity
across various industries. At its center lies automation; driving this transformation and
improving efficiencies for maximum efficiency and output in various areas of industry.
2. Growing Demand: Automation demand is on the rise across industries such as
manufacturing, healthcare and agriculture as companies seek ways to streamline
operations, cut costs and enhance product quality through automation solutions.
3. Diverse Applications: Automation technology has applications across industries; from
manufacturing and warehousing, healthcare, energy production, to transportation and
utilities - providing ample opportunity for growth.
4. Technological Advancements: Innovation in automation systems is constant, with
technologies such as artificial intelligence (AI), machine learning (ML), and Internet of
Things (IoT) expanding capabilities and expanding system capacities.
5. Focus on Sustainability: Sustainable practices and eco-friendly automation solutions are
becoming more prominent as businesses seek to reduce their carbon footprint and
maximize resource efficiencies.
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6. Remote Work Solutions: With COVID-19's pandemic fast approaching, more businesses
have adopted remote monitoring and control of automation systems as an adaptable
means to adapting to changing work environments.
7. Safety Prioritization: With automation's rapid expansion, safety must remain of utmost
concern. Automation systems are being designed with additional safeguards in order to
protect workers and equipment.
8. Customization and Personalization: Automation allows for customization and
personalization of products and services to meet consumer expectations for tailored
experiences.
9. Supply Chain Resilience: Pandemic has exposed supply chain vulnerabilities. Automation
is being employed to increase supply chain resilience by decreasing dependence on manual
labor and providing flexible operations.
10. Job Prospects: Automation has opened up vast employment possibilities in engineering,
technology, and other automation-related fields.
11. Market Expansion: With automation's expansion into new sectors, automation providers
now have opportunities to tap into previously unexplored markets.
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Staying Aware: With an ever-evolving marketplace, remaining aware of trends and
innovations is crucial for businesses seeking to leverage automation's advantages.
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