Press release
Automation Solutions Market: Automation Viewed As Key to Achieve Greater Economies of Scale
The Automation Solutions Market deals with the development of control systems which require minimal or no human interference to perform tasks in an efficient manner. Automation solutions include the operation of machinery and making sure that various processes take place in an automatic and orderly fashion.The Automation Solutions Market has long identified the potential for industrial automation as enterprises are constantly in a race to reduce costs and expenses. Other benefits provided by automation include the replacement of error-prone human labor with speedy and efficient robots, the great savings made through efficient usage of power and raw materials, and the greater accuracy and precision derived from industrial automation systems.
Scope & Regional Forecast of the Automation Solutions Market
In recent years, the services provided by Automation Solutions Market have gained plenty of traction, especially among small businesses and manufacturing companies. The integration of Internet of Things and Big Data have further helped automation companies in creating holistic production lines where data points gather data at almost every point or process. Automation is also expected to play a significant role in sectors like healthcare, public transport, robotics, etc.
The rapid development of applications for the automation industry is further expected to open up new growth opportunities as time passes. As far as this forecast period is concerned, manufacturing automation solutions are expected to a majority of growth in the Automation Solutions Market.
North America in particular is expected to play a key role as it has turned out to be one of the fastest large-scale adopters of automation solutions, especially to overhaul its power and processing plants. Japan is yet another market which has been eager to embrace the latest robotics technology not only for industrial application, but also for helping its aging population in sailing away into the sunset in a comfortable fashion. The Asia-Pacific market has also shown a lot of enthusiasm in adopting industrial automation within its vast manufacturing hubs, which are largely located in China and India.
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Segmentations & Key Players Involved in the Automation Solutions Market
According to IndustryARC findings, the Automation Solutions Market can be broken down into various segmentations on the basis of –
Solutions: Product Lifecycle Management (PLM), Distributed Control System (DCS), Instrumentation, Security, Excitation Systems and Others.
Industry Verticals: Automotive, Food and Beverage, Industrial, Security and Surveillance, Pharmaceuticals, Oil & Gas and Others.
Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Automation Solutions Market according to IndustryARC are as follows:
General Electric
Rockwell Automation
CG Automation Solution USA
Mitsubishi Heavy Industries
Honeywell International
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