The Rapid Growth In The Global Industrial Automation Market

Published on: 01 April 2019 Last Updated on: 22 February 2020

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.

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Climate change is a big problem for our planet right now. The Earth is getting hotter, ice at the poles is melting, and we're seeing more crazy weather happening. We really need to find ways to fix this, and fast. Luckily, AI is stepping up to help out. Let's see how AI is being used to tackle different parts of this tough issue. An AI ML Course can help you learn how to use technology to tackle climate change. With this certification, you'll understand how to apply AI tools to analyze data, predict weather patterns, optimize renewable energy systems, and develop innovative solutions to combat environmental challenges. This knowledge and skill set will enable you to contribute effectively to efforts aimed at addressing climate change and creating a more sustainable future. Let’s continue reading. Understanding The Impact Of Climate Change The weather on Earth is changing a lot because of what people are doing, like burning fossil fuels, cutting down trees, and doing industry stuff. These things let out gases that make the air warm up, which we call the greenhouse effect. These changes are affecting everyone around the world already. It's getting warmer, which makes ice in places like the poles melt, and that raises the level of the sea, which is dangerous for places near the coast. Also, there are more extreme weather events like big storms, long dry periods, and really hot days, which hurt nature, farming, and people. According to the Intergovernmental Panel on Climate Change (IPCC), without urgent action to reduce greenhouse gas emissions, global temperatures could rise by 1.5 to 2 degrees above pre-industrial levels by the end of the century, with catastrophic consequences for the planet. Here are some recent data that present concerning trends regarding environmental changes: Global temperature increase: Over the past century and a quarter, there has been a discernible uptick in the Earth's mean surface temperature, amounting to an approximate increment of 1.2 degrees Celsius. Ice melt observation: Studies indicate a notable decrease in Arctic sea ice, with a reduction rate of approximately 12.85% per decade. This phenomenon has adverse implications for various Arctic fauna, notably polar bears, and their habitats. Sea level elevation: Observational records demonstrate an elevation in global sea levels by around 8 inches throughout the last century. This rise poses significant threats to coastal regions, their populations, and the delicate ecosystems they harbor. Escalation in extreme weather events: There is a discernible increase in the frequency and severity of extreme meteorological occurrences, encompassing hurricanes, droughts, and wildfires, among others. 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For example, AI algorithms can analyze weather patterns and energy demand to optimize the operation of solar and wind farms, ensuring maximum energy production while minimizing costs and environmental impacts. Additionally, AI-powered predictive maintenance can help prevent downtime and extend the lifespan of renewable energy infrastructure. 3. Climate Modeling And Prediction AI can help fight climate change by figuring out the weather. For instance, smart computer programs can look at tons of information from satellites, weather stations, and buoys in the ocean. They use this data to guess what the weather might be like in the future. With these programs, scientists can learn more about why the environment is changing and what might happen next. By using AI to guess what might happen based on past records like temperature changes, rain patterns, sea levels rising, and crazy weather events, people who make decisions can plan better to stop bad things from happening. 4. Precision Agriculture AI-powered agriculture technologies enable farmers to optimize resource usage, minimize environmental impact, and increase crop yields. AI systems can recommend precise planting schedules, optimal irrigation techniques, and personalized fertilizer applications by analyzing soil data, weather patterns, and crop characteristics. This enhances agricultural productivity and reduces water consumption, pesticide use, and greenhouse gas emissions associated with traditional farming practices. 5. Environmental Monitoring AI-based monitoring systems can track environmental indicators, such as air quality, deforestation rates, and wildlife populations, in real-time. By analyzing satellite imagery, sensor data, and social media feeds, these systems can detect environmental threats, illegal activities, and ecosystem changes, allowing authorities to take timely action to protect biodiversity and natural habitats. 6. Climate Adaptation And Resilience AI can also help improve adjustment and resilience to climate change. As the impacts of climate change become more severe, communities must be prepared for and respond to events such as floods, droughts, and heat waves. Tools powered by AI can contribute to better early warning systems for extreme weather conditions, which can enable authorities to evacuate people at risk and allocate resources more efficiently. Furthermore, there are AI-supported tools for assessing risks and planning, which will help in identifying vulnerable areas and developing adaptation strategies for changing environmental situations. 7. Energy Efficiency And Conservation Improving energy efficiency is another vital element of the climate change fight, as it lowers the demand for fossil fuels and the amount of carbon emitted. In such a case, AI technologies would be capable of assisting in uncovering possibilities to save energy for buildings, transportation, and other sectors. An AI system analyzing data about energy consumption, equipment operation data, and environmental surroundings can detect inefficiencies and propose options to reduce energy consumption and waste. These solutions may comprise installing more efficient appliances, screening HVAC systems, or implementing smart heating and lighting solutions. Real-World Applications Of AI To Combat Climate Change Using AI to help fight climate change is already making a big difference in many areas: Capturing Carbon: AI helps industries capture and store carbon dioxide underground, which helps reduce emissions. Smart Energy Systems: AI makes energy distribution smarter by balancing how much energy is produced and used. It also helps use more renewable energy and reduces energy lost during transmission. Money for Climate Projects: AI tools help investors find good ways to invest their money in projects that help the environment. They can also see how their investments affect the climate. Helping in Emergencies: AI-powered drones and robots help out during disasters by finding people, checking how bad things are, and bringing help to places that need it. The Way Forward While AI holds immense potential in the fight against climate change, its effectiveness depends on collaboration among governments, businesses, researchers, and civil society. Key priorities for leveraging AI include: Data accessibility: Promoting open access to environmental data and supporting data-sharing efforts to drive AI research and development. Ethical considerations: Addressing concerns around AI ethics, such as data privacy, algorithmic bias, and possible side effects of the technology, will foster trust and responsibility in artificial intelligence-operated systems. Capacity building: Investing in education, training, and skills development to help enable people and organizations to use AI capabilities for climate purposes. Policy support: Develop policies and regulations that encourage AI technologies, boost and facilitate innovation, and ensure international collaboration on climate issues. Conclusion Climate change is a big problem we face today. We need to act fast worldwide, in our countries, and even in our communities. AI can help us a lot. It gives us tools and technology that can help us understand climate change better. With AI, we can predict and lessen its effects. It can also help us move towards a future that's more sustainable and able to bounce back from challenges. Using AI, we can work on the reasons behind climate change. This helps us protect the health and happiness of people now and in the future. Read Also: From Dreams To Reality: A Comprehensive Beginner’s Guide On How To Buy A Farm A Viable Alternative to Wild Fish: Can Salmon Farming Be Sustainable? Here Are a Few Reasons Why You Should Use Real Estate Farming Postcards to Increase Visibility of Your Business

The Rapid Growth In The Global Industrial Automation Market

General Overview Of The Global Automation Market:

Role Of Advanced Technologies In Industrial Automation:

Key Drivers Of The Industrial Automation Market:

Career Opportunities In Industrial Automation Industry:

5 Things to Take into Account to Hire Custom Software Development Services

3 New Age Engineering & Construction Technology

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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.

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Clothing Conveyor System for Better Clothing Production Management

Cloud Hosting: Top five reasons to take your business to the cloud

AI’s Role In Combating Climate Change: A Powerful Tool for Environmental Preservation

The Rapid Growth In The Global Industrial Automation Market

General Overview Of The Global Automation Market:

Role Of Advanced Technologies In Industrial Automation:

Key Drivers Of The Industrial Automation Market:

Career Opportunities In Industrial Automation Industry:

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5 Things to Take into Account to Hire Custom Software Development Services

3 New Age Engineering & Construction Technology

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.

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Follow Us

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