The Rapid Growth In The Global Industrial Automation Market

Published on: 01 April 2019 Last Updated on: 22 February 2020
Global Industrial Automation

General industrial, automotive, consumer goods, and technology hardware are considered to be among the largest end-user markets for discrete industrial automation. For instance, process automation aids resource industries which nearly accounts for half of the overall demand. This occupies the largest share which comes from the Oil and Gas industry.

General Overview Of The Global Automation Market:

Due to rapid development in technology, process monitoring has also improved and impacted the automation market trends. Factors such as manufacturing productivity of industries worldwide and their efficiency are showing results. According to experts, industrial automation primarily focuses on automation which has an operational strategy aimed to minimize manual work in various industrial setups such as manufacturing or production processes.

The market for industrial automation is expanding at a high rate because it exhibits favorable advantages such as the reduction of CAPEX and OPEX along with ensuring improved product quality. Additionally, it also improves flexibility, the efficiency of the process of manufacturing, the average product yield and at the same time ensures optimum utilization of industrial space. Major players that dominate the industrial automation market globally include Mitsubishi Electric, ABB Ltd, Adept Technology, Honeywell Solutions, Bosch, Emerson Electric, Schneider Electric, Yaskawa Electric, and General Electric.

Role Of Advanced Technologies In Industrial Automation:

Various techniques of automation such as IT systems, equipment designing, robotics, artificial intelligence (AI) as well as execution through statistics is involved in deriving foolproof industrial automation.

One of the most commonly used equipment for automation is a Ding Technological Distributed Control System (DCS). Along with this, other emerging developments such as logic controllers which are programmable, conveyor belts, and human-machine interfaces are also emerging and are directly impacting the automation industry across corporates and big organizations. Application of robust digital and intelligent technologies is cost-effective as the organizations have a machine to the jobs of a human resource. Automation also reaps accurate, precise and timely results while simultaneously eliminating the scope of human errors.

Key Drivers Of The Industrial Automation Market:

Key drivers directly impacting the market of industrial automation include a rise in demand from the organizations in developing economies to help them make better decisions. The high cost of the automation equipment and their security concerns are restricting the growth of the industry. The machinery output in terms of production is further seen as one of the key factors boosting the industrial automation market. Further, an increase in the sustainability and efficiency of energy planning alongside smart technologies in the emerging economies is expected to boost market growth.

Career Opportunities In Industrial Automation Industry:

Currently, the U.S. and Europe are the largest markets for industrial automation and have a variety of career opportunities in the industry.

  • Employees from these regions are applying for job opportunities in the field of data sciences, operational plannings, mechanical engineering, metallurgical engineering as well as other IT fields. Along with this, those graduated from industries such as oil and gas, pharmaceuticals, chemicals, pulp manager, power plants, petrochemicals, and mining also have job opportunities to help mechanical engineers better design and structure the devices used for automation.
  • A growing number of institutes in regions of Asia Pacific are producing graduates who specialize in product designing. They are trained in formulating the designs for devices and plans for industrial automation along with ensuring their cost-effectiveness, maintenance possibilities as well as their environmental friendliness.
  • Favorable policies in developed and developing nations are ensuring the corporate relocation industry to further expand with a rise in international recruitment. APAC offers a high population of industries that seek plans for industrial automation in order to optimize manufacturing and supply-chain processes, which further is seeking employees robust in statistics, analytics, and data sciences.
  • Apart from this, there is an extensive requirement in the sector of Research and Development. Other than having the capability to establish fully functional automation tools and techniques, researchers are expected to have a masters degree along with a Ph.D. in electronics, electrical engineering or mechanical engineering. There is an increase in the number of government institutes, think tanks, environmental NGOs as well as organizations devoted to scientific research which are hiring as well as training employees in the field of industrial automation.

Currently, manufacturers are seeking ways to transform their business operations on the global front which uses process automation in the value chain as well. Process automation, which means, automating a specific process through the use of upcoming technologies is the new trend among major players across various industries. Thorough integration of all the processes across various operations is a requirement regardless of the geographical location of the automation facilities as well as operations. Considering the widespread applications of industrial automation and its demand at a global level, career opportunities in the market are abundant.

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

utility tools

Top Utility Tools You Need For Your Website

Whether you are a web developer or tester or a Project Manager, tools are always available at your disposal to help you. From our daily need tools like screenshotting tools to software testing tools we need a variety to make our work easier. Looking to share an image? Take screenshot Want to share a video? Use a screen recorder Need to tell the developer, the code doesn’t work? Use a communication tool From this to that, we need a ton of tools every day. Even you’re using one to read it! But which one is the best to use at a time is where one get stuck. And I’m here to help you with that! Let’s find out which tool to use for your website and for what. 1. Testing : LambdaTest If you own a website or web page or work for one, it is a must to perform its testing. LambdaTest in itself is a complete tool for your website to perform its cross browser testing (both manual and automation), visual screenshots testing, responsive testing, image comparisons, and a lot more. With a pool of 2000+ browsers and device combinations, it helps you make sure that your website works perfectly in all browser and device combinations and provides a seamless experience to your users. 2. Code Editor: Sublime Text Great websites need great environment and a code editor with well-designed, super efficient, and ultra speedy user interface to develop your code. Sublime Text is on top to fulfill this need of your best code editor tool for your website. Sublime is unique in terms of Ease of use, easy shortcut keys and Eyes friendly user interface. Developers spend 8-9 hours a day on code editor and Sublime text can prevent developers from getting frustrated. User-friendly and eyes friendly user interface is what one looks for while finalizing a Code editor tool and Sublime Text is all of them! 3. Design : AdobeXD Adobe XD is a vector-based UX/UI design collaboration tool developed and published by Adobe Inc for designing and prototyping user experience for web and mobile apps for macOS and Windows. XD supports vector design and website wireframing, and creating simple interactive click-through prototypes. 4. SEO: Uber Suggest When it comes to SEO, no one can ignore Neil Patel and his toys. Uber Suggest is one of the top SEO tools in the current decade by Neil Patel. SEO is what needs to optimize your website and make Google search friendly. Uber suggest can help in Keyword review whether it is for SEO or PPC, Keyword suggestion (from primary term to long tail phrases, you can get thousands of suggestion along with search volume, the competition, and even seasonal trends of that particular keyword), Keyword Difficulty and Competitive Intelligence. You can also assess your website against other competitors. 5. Design Mate: Zeplin To build a website, you need to design it first and when it comes to it, Zeplin is Designer’s best friend. With all CSS details and minute information available in the design itself, it makes it easier to collaborate between developers and designers. It provides integrations with top tools like Slack, Trello and allows a user-friendly designing environment. 6. Analysis: SEMrush SEMrush is an all in one tool for marketers. You can use it various analysis and help for your website. SEMrush has SEO toolkit, Advertising toolkit, Social Media Toolkit, Content Marketing toolkit, and Competitive Research toolkit to help you. You can analyze your competitors, check which keywords they are ranking upon, monitor your keyword ranking, your website's visibility, check which pages of your website are driving more traffic and a lot more. As said SEMrush is all in one tool for Marketers. 7. Design Assistant: Canva Canva is free to join and provides a vast variety of templates and graphics. It has everything that you need for an amazing design as a starting blogger, web designer, or app developer. If you are promoting your website through social media, Canva can help you with images. Banners, posts, thumbnails, insta, snapchats, Google display ads, Facebook ads in standard required sizes. Equipped with so many tools, Canva is an awesome tool for marketers, web designers, artists, and social media enthusiasts. 8. Chat bot: Intercom Putting a real-time chat bot is really a good option if you want your users and visitors of your website to connect to you any time. Intercom is undoubtedly the best tool to help you interact with your customers. 9. Screen Recorder:  OBS Studio Many times, we need to record our website’s animations for future reference or for forwarding it to some of our team members. OBS Studio is a screen recording tool along with various features like HD Streaming and recording. The best part about OBS studio is that there is no restriction upon the video length and it is very quick to set up. 10. Analytics: Google Analytics Analytics of visitors and user coming on your website or platform is key metrics to measure your company’s growth. You can set up custom channel from where you are getting traffic and can analyze which channel is performing good and which is not. Google analytics can help you play with numbers and take actions based on it. It’s a must-have tool if you are running your business online and have a website to showcase your products. As a very famous saying goes: We shape our tools and afterwards our tools shape us. - Marshall McLuhan Hence, once we learn to use these tools, these tools can help us improvise and grow more. It is wiser to take help of the following tools for your website and increase your productivity. So, go ahead, try these tools and enjoy the fruits they reap.  

READ MOREDetails
Electric Forklifts

Check Out The Advanced Specs Of Electric Forklifts

Electric forklifts are some of the most powerful industrial equipment around. They’re capable of carrying heavy loads quickly and efficiently, something that gas-powered forklifts can’t do. If you’re curious about how electric forklifts work and what makes them different from other types of warehouse equipment, then this guide will help. What Are Forklifts? Forklifts are, for all intents and purposes, miniature semi-trucks. They are used primarily in warehouses and distribution centers to move oversized pallets of goods. Although they come in various styles and shapes, they can be broken down into two main categories: manual and automated. Manual forklifts use an operator as their power source, while automated units rely on external power, such as electricity or propane. You may have heard them called scissor lifts or straddle carriers – but whatever you call them, they get goods from point A to point B. Advantages of Electric Forklifts An increasing number of warehouses are switching to electrically powered warehouse equipment to reduce their carbon footprint and make their warehouses more sustainable.Electricity is one of the most abundant sources for powering a forklift, meaning you can never be stranded on location without power.Even if a warehouse has no power, it can run a generator or solar panels during an emergency.Larger companies are investing in electric power because it is cheaper than diesel fuel and other types of fossil fuels. Types Of Electric Forklift Trucks When deciding which type of truck to purchase, there are a few options: gas-powered, battery-powered, and electric. Several options within each category can affect your decision-making process. This guide will focus solely on trucks with an electric power source. You should be aware of the two main types of plug-in hybrids and all-electric (e-trucks). Where Are They Used Due to the lack of noise and fossil fuels, battery-powered forklifts are a great option for indoor facilities with lots of foot traffic. They’re also eco-friendly, so it’s worth considering for your warehouse operations. Plus, some features to consider: an LED bar that indicates the charge left in the battery; many come with air conditioning units; and there’s little maintenance involved in running one. The upfront costs may be a bit more expensive than a gas-powered lift truck, but depending on your needs (and which aspects are most important), this could be worthwhile. Five Tips For Buying An Electric Forklift Truck Whether starting your first warehouse or expanding your current one, you’ll need a reliable partner. That’s where electric forklift trucks come in - they keep any warehouse running. Although finding the perfect truck for your needs can seem daunting, it’s surprisingly easy if you have some guidance. Here are five tips for buying an electric forklift truck to help guide you on your next purchase: 1) Find Your Need First - Before shopping for any product, you must know what you’re looking for. Knowing exactly how many tons and square feet of space you need will make things much easier when purchasing a new forklift truck.  2) Know Your Budget - You should always have an idea of how much money you want to spend before heading out into the market because this will ensure that you don’t get tempted by other products and end up overspending. 3) Research Brands - Not all brands are created equal, and depending on what type of work you do with your lift truck (or other equipment), this is especially true with forklifts. 4) Buy The Right Truck For The Job - Some people assume that just one truck does everything, but there are different types of electric forklift trucks designed for specific purposes. 5) Compare Options In Person - Buying an electric forklift truck online isn’t the best idea because there are so many features that you won’t know until you test them out. Make sure to go to a showroom or dealer near you to check each option side-by-side. Conclusion Whether you are in charge of warehousing for your company or you operate a warehouse for someone else, having an electric forklift at your disposal will benefit everyone. These devices are typically used in warehouses as they provide increased safety and productivity when transporting items around the facility. Additionals: Why Automate Internal Logistics?4 Mistakes New Rental Property Owners Must AvoidCommercial Equipment Movers – Pacific Movers IdahoBenefits Of A Warehouse Management System In Malaysia

READ MOREDetails
IT Buzzwords

Riding The Wave Of Popularity: 7 Most Popular IT Buzzwords and What They Really Mean

IT has jargon that goes along with it, just like any other profession. As you become more familiar with it due to working in a professional IT setting, you will be able to better understand what is being talked about by your bosses and coworkers. With that in mind, let’s talk about seven of the most common IT buzzwords that you might encounter as you learn the ins and outs of the profession. 7 Most Popular IT Buzzwords Net Neutrality: You have probably heard a great deal about net neutrality in various contexts, but what exactly does it mean? Net neutrality refers to the notion that an internet provider or the government should treat all data on the internet the same way, regardless of what it contains or where it is going. The reason this matters is that without net neutrality, governments or companies can pay to prioritize their traffic. Personalization: Personalization in this context means customizing the information presented to the user of a product. It’s the reason that companies collect data from the people who visit their sites. Some see this practice as being useful because they enjoy targeted advertising, while others find it invasive. Machine Learning: Machine learning refers to artificial intelligence, as in computer programs having the ability to learn from data without being explicitly programmed to do it. The Google algorithm and its latest iteration is a perfect example of machine learning. By studying your behavior, the algorithm learns what search results you are likely to appreciate. Artificial Intelligence: Artificial intelligence, or AI, is a broad term that means intelligence being displayed by machines. It has long been the focus of science fiction writing going back to Isaac Asimov and other masters of the genre, who foresaw many of the scientific advancements that are becoming reality today. The ability of a machine to capture data, and to “learn” from it is seen as exciting by some people, and frightening by others. Actionable Analysis: Actionable analysis means the act of analyzing data which then leads a company to make decisions and take action. It is the sort of data analysis that can have real-world consequences depending on what action it leads the business in question to take. Data Mining: Data mining means the concept of discovering patterns from large amounts of data. Some people think that it means garnering information about individuals or groups based on their online movements, but this is incorrect. Big Data: Big data is a term that is often used to talk about amounts of data so massive that traditional software analysis techniques are insufficient or incapable of understanding it. This sort of data can tell companies about the people from which it was collected, but only if they know how to interpret it correctly. There are many more buzzwords that relate to IT, and you can learn all about them if you enroll in ITProTV’s IT training courses or one of the other popular ones online. IT is a fascinating, multifaceted industry, which is why so many people are getting into it these days. Read Also: 6 Software Technologies That Will Dominate 2018

READ MOREDetails