Automation Market

Date: 2016-05

Automation is the use of IT and controls to reduce the intervention of human being with the use of software, electronic, electric as well as mechanical devices. It is the introduction of automatic equipment in a process to save labour, energy and materials as well as to improve quality, accuracy and precision.

The automation market has been segmented on the basis of industry, components, applications, tools, technology used and geography. Industry wise we have automotive, food and beverages, infrastructure and building, life-sciences and health, oil and gas, power generation, retail, industrial, home or personal and others. Speaking about components, they are mainly sensors, switches, relays, safety components, control components, motion drives, Transmitters and receivers, dampers, actuators, dashboard or user-interface, power supply and others like network, communication protocols and so on. The tools used are Collaborative Production Management (CPM), HMI – Human Machine Interface, SCADA – Supervisory Control and Data Acquisition, PLM-Product Lifecycle Management, Machine Safeguarding Solutions, PSM-Process safety management, Enterprise asset management (EAM) and others. Type of technologies which gave rise to automation are ANN – Artificial neural network, DCS – Distributed Control System, HMI – Human Machine Interface, SCADA – Supervisory Control and Data Acquisition, PLC – Programmable Logic Controller, Instrumentation, motion control and robotics. HVAC- Heating, ventilation and air-conditioning systems, lighting systems, security and surveillance, safety systems, mechanical, Electrical, plumbing, pneumatic systems, Home automation, Water and wastewater management, Automated construction, connectivity central (for data/voice/image systems) are the important applications of automation.

Geographically, the market is divided into regions as the Americas, Europe, Asia-Pacific and Rest of the World. Europe is dominating the market and is expected to maintain its position. Asia pacific is the fastest growing region in this market. The Industrie 4.0 push in the European region, particularly Germany, will be a major factor for the large European growth in the next few years.

A few leading market players are:

OMRON Corporation
Emerson Electric Corporation
Rockwell Automation, Inc.
United Technologies Corporation
Honeywell International Inc.

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