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

Technology

5 Reasons Students Need Technology In The Classroom

Modern technologies have started to challenge the traditional forms of education. In fact, it seems that informal or experimental tech-infused learning processes are becoming more and more popular these days. Why would it be so? Well, technologies clearly carry lots of study benefits for students and teachers. After all, the tech world is here to make our lives easier and better.  Digitalization of education can provide schools with newer teaching techniques, more learning options, and program enhancement. However, you can see it for yourself. Here Are Five Reasons Why Students Need Technology In The Classroom: 1. Personalized learning We have long discovered that each individual has preferred study methods and learning needs. However, most teachers can’t deliver a personalized lesson to each student. School programs operate on standard programs and materials. Such an approach can’t meet every student’s needs. It also can’t help in discovering and revealing everyone’s potential.  Technology, however, can fully adjust lessons for adaptive learning. Thus, classroom digitalization can help teachers recognize every student’s learning style and adjust lessons accordingly. Such a change in the study program will increase lessons’ efficiency and students’ productivity. As of now, each individual is busy with tasks aimed directly at their needs.  Moreover, such tactics will also increase autonomy in classrooms. Thus, teachers can trust the tech-designed programs and give students space to learn individually.  2. Remote learning options Of course, it’s important to acknowledge what a game-changer cloud technologies have become for education. This tech novelty has become the foundation of remote learning. Now, we can receive information at any place and at any moment. Of course, we all know that the Internet has long become the main depository of all kinds of information. People often use their gadgets to learn new things ‘on the go.’ These days students know where to seek information or help online. In fact, there are even pages like Behind the scenes of reviewing essay writing services that help young people make the right choices in their pursuit of assistance. Of course, none of it would have been possible without technology.  However, cloud technologies are also great for schools that practice remote learning. Thus, educators can now share their study materials, homework assignments, and even lectures online for their students to learn. Such an option is surely rather new for the education system. Yet, recent events in the world have taught us to appreciate the possibility of remote learning.  3. Learning enhancement Modern technologies have many ways to enhance the learning process in a classroom. Thus, tech-infused studying can have multimedia involved. So, students can learn new information through various media like videos. Such learning methods can increase students’ attention and retention.  Media helps students keep their focus longer. It makes learning more engaging. So, people are more likely to stay interested for the lesson duration. In fact, students may even receive larger chunks of information. Yet, they can perceive them easier.   In addition, various media can work for different learning methods. Thus, students get to receive information in various formats. Such learning can enhance lessons’ messages and expand one’s knowledge. Such tactics can replace the repetitive approach common to traditional learning.  4. Assistance in teaching On average, the modern tech world tends to scare away older generations of educators. They either fear making mistakes or being replaced by technology altogether. However, that’s the wrong take on current modifications in education. In reality, digitalization should make teachers’ work much easier.  Thus, technology will be handling most of the repetitive and analytical work. Now, teachers will better understand their students' needs and progress. Moreover, such information will be delivered to them by a computer. So, teachers will have more time for their students and immediate learning needs. So, each teacher should participate in the coming change in the education system as a relief for them.  Related: Ten Ways Technology is Impacting Modern Education 5. Preparedness for the future  Technology has already become an essential element of modern society. We rely on it in all spheres of our lives, including professional and personal. In the future, such technological reliance will only continue to rise. So why don't we prepare our children for that future? We want our children to succeed in life. School is the first step for that to happen. That’s where we should start introducing students to a new digital reality.   To conclude Modern technology is already a part of our everyday lives. They have transformed how we communicate, receive information, work, etc. Education is just one more branch here. We also need to adapt it to the digital future we are heading for.  Of course, there are certain bumps along the way. However, no changes come without challenges and pitfalls. Yet, the benefits of having technology in classrooms are greater than the hardships of bringing them there.  Overall, it’s fair to acknowledge the ultimate advantages to education that only digitalization can give us. Thus, the future of learning seems to be more engaging, interesting, accessible, and adoptive. Read Also: Upcoming Educational Trends in 2017 Top 6 U.S. Universities that Offer Health Science Course 5 Questions to ask yourself while finalizing an E-learning Platform

READ MOREDetails
Telecommunication

How IoT Rocked the World Of Networking & Telecommunication

There is a huge demand in the world of networking infrastructure. You can easily rock the world of business if you have the right strategy to apply in nowadays technology. As a matter of fact, you will have a deep understanding of where you can invest your time and money when it comes to the business of networking and telecommunication. Most advanced cities like Vancouver are rocking the world of business and money. Since they are always relying on the last technologies when it comes to networking for sure. As a matter of fact, you can surely bring the best outcomes to the life of millions of residents around the state. All that you have to do is to follow a leader in the field. We can surely give the example of a steady pioneer called Thierry Levasseur. He was one of the top leaders in the world of communication. The hybrid systems of networking are also dominating the market. This is due to the efficient power of many contributors in the world too. The IoT & the Invasion of the World of Telecommunication & Networking: In fact, we are dealing with a new legacy of networking technologies. People are rocking the world of communication whenever they deal with any kind of infrastructure. This is why companies are using new tools and technologies such as IOT. The internet of things has the most advanced power to rock the world of networking. It gathers all the necessary complement in order to handle the most accurate technology in the world of communication. Accordingly, you will have full access to whole the functionalities that you need in order to bring the most accurate outcomes for your business. Add More Technologies to the World of Networking: In addition to that, there is a huge demand for features that can make your life more professional than ever before. In fact, you can have many positive outcomes if you work on cloud computing. As a matter of fact, there is a huge demand on the experts of the density of cloud computing. Thierry Levasseur Vancouver is one of the top leaders when it comes to the world of cloud computing too. His long experience in the field of business. The telecommunication field has a lot to do with the new material invasion. You will be astonished by the huge demand for the most advanced devices which the internet of things has brought to the professional industry of telecommunications. In Vancouver, for instance, you will have a deep understanding of how you can make your business grow easily with the help of many consulting companies. To conclude, we can say that the networking industry is having the most technological wave to start bringing the most profitable period to the life of millions of networking companies around the world. The crowdfunding campaigns are full of investors and businessmen that always can to invest their many and resources in the aim of networking investments. Read Also: Is Precious Metals A Good Career Path In 2021 Is Oil & Gas Production A Good Career Path In 2021?

READ MOREDetails
Oracle

Oracle & The Cloud: A Dream Team

What is Cloud Computing? Cloud computing provides on-demand availability of data storage, computing power, and other system resources that are not located on the user’s computer. There are many benefits to offloading these previously local resources and tasks. Customers of cloud computing move the responsibility for managing applications, storage, and computing power offsite to providers like Oracle, Microsoft, and Amazon. The cloud offers organizations and companies of any size, access to powerful data centers without the overhead. Customers now have cost-efficient ways to access the latest technology, application software, and unlimited storage without a dedicated data center or large IT department. Click here to find an Oracle consultant. Types of Cloud Computing: Based on the organizations business requirements, companies can choose from three broad types of cloud services: public, private, and hybrid. The difference between them is primarily the amount of management time required by the customer and the level of security provided. Public Cloud: Public clouds are owned and operated by cloud service providers that deliver their services over the internet. Customers are free from maintaining their own computers reducing or even eliminating their existing IT department. Private Cloud: A private cloud is exclusive to a single business or organization. It can be physically located at the company or the cloud provider’s data center. Private clouds are maintained on private networks and provide the highest level of security and control. Hybrid Cloud: By combining public and private clouds, data and applications can move between the two providing greater flexibility, security, and more options to optimize the company’s existing infrastructure. The decision to use a hybrid cloud rather than a public or private cloud comes down to the services needed by the organization. Cloud Services: There are four broad categories of cloud services available: infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS), and serverless. Companies need to decide on the services they require and how much time they have to manage those services. Generally, the more an organization offloads to the cloud service provider, the less they have to manage themselves. Infrastructure as a service (IaaS)With Oracle: Infrastructure as a Service is the most basic type of cloud computing. It is an on-demand, pay-as-you-go model that provides compute, storage, and network capacity in the cloud. Subscribers are responsible for installing and maintaining any software on the cloud such as databases and application software. Platform as a service (PaaS): Platform as a Service provides an on-demand environment for developing, testing, and delivering, mobile and web applications without investing in or maintaining the underlying servers. The customer accesses the services via a web browser. Software as a service (SaaS): Software as a Service allows software applications to be delivered over the Internet, on-demand and typically on a subscription basis. The cloud service provider handles software updates and security patching, reducing in-house IT resources. Cloud Computing Service Providers: With the growing adoption of cloud-based services and technology, comes an ever-expanding field of players including Google, Amazon, and Microsoft. Oracle offers a complete suite of integrated business applications for Sales, Service, Marketing, Finance, Supply Chain, Manufacturing, and Human Resources, along with their cloud-based services. Microsoft and Oracle recently announced a partnership designed to give customers the best of what both companies have to offer. Oracle is the leading database and enterprise applications vendor in the world and Microsoft Azure is the second-largest cloud vendor in the world. Customers can migrate their entire existing suite of applications to either or both cloud providers as needed without having to re-architect anything. The cloud brings many advantages to organizations, allowing businesses to outsource expensive hosting, security, and storage costs. The growing need for companies to take advantage of the latest technology without the expense of a dedicated data center or even an IT department is a game-changer. Read Also: Cloud Hosting: Top Five Reasons To Take Your Business To The Cloud

READ MOREDetails