Automation Solutions Market

Date: 2016-05

Automation has entered main stream of the market and has gained traction by various business models including small enterprises and industrial applications. While IoT (internet of Things), IIoT (Industrial Internet of Things), Big Data and Cloud computing enhance the use cases in fields such as general manufacturing, medical, food and beverage, robotics, and others. The demand for automation solutions will be on peak to make these technologies ready to implement.

Today`s new trends in cloud computing has set challenges to the software developers in defining new dimensions with specific requirements. ABB group is one of the most prominent players in North Americas which has installed largest base of power transmission and distributed control system across North Americas which is worth $13 billion, North America is one of the fastest growing in adoption of automation for process and power plant automation worth $21.4 billion, and is also known for largest implementation of industrial robotics in various industries. In connection to the exponential growth in demand for latest technologies such as IoT devices, coupled with many industrial devices will help in propelling the Automation Solutions market.

Automation solutions market is classified into solution as follows:
Product Life Cycle Management (PLM),
Distributed Control System (DCS),
Machine Controllers,
Excitation Systems and

Automation solutions market is further bifurcated on the basis of applications into:
Food and Beverage,
Security and Surveillance,
Oil & Gas and
Furthermore, automation solutions market is bifurcated by regions into North America, Asia Pacific (APAC), Europe and Rest of the World (RoW). North America leads the global automation solutions market currently owing to a significant adoption of automation solutions by solution and industry verticals. Also, a number of leading players in this industry are based out of this region. However, the global automation solutions market is expected to be dominated by Asia Pacific during the forecast period, owing to a number of significant investments in technology and infrastructure. The governments across APAC countries such as China and India have been aggressively investing and planning to invest in technological modernization and rapid industrialization, in order to compete with the developed economies and further strengthen their own economies.

Some of the key players operating in the global automation solutions market include:
ABB Group (Switzerland),
Honeywell International Inc (U.S.),
Siemens AG (Germany),
Omron Adept Technologies Inc (U.S.) and
Bosch Rexroth (Germany) among others.

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