GE / IP FANUC Series 90/30 In Stock
The Industrial Control & Automation market, also known as “smart manufacturing”, is expected to reach $300 billion globally by 2020 with a compounded annual growth rate of 8.50% from its 2013 level of $170 billion. The US will continue to lead but the greatest growth will occur in China, India and Brazil, according to the 2014 Report of marketsandmarkets.com “Industrial Controls and Factory Automation Market By Technology.”
The Industrial Automation control systems market is generally divided into five product segments: DCS (Distributed Control Systems), SCADA (Supervisory Control and Data Acquisition), PLC (Programmable Logic Controllers), MES (Manufacturing Execution Systems) and APC (Automation & Process Controls). These control systems are used in different processes and discrete industries to improve organizational efficiency and to ensure smooth system operations and minimal downtime.
As we have seen in this blog, industries including packaging, oil and gas, power, pharmaceutical, pulp and paper, automotive, aerospace and defense, chemical, and food and beverage all benefit from real-time information about the processes happening in the organization, as well as on the production floor with improvements in efficiency accruing to the bottom line.
Solutions involving industrial automation control include industrial robots and sensors as well as DCS, PLC, MES and SCADA.. As the industrial automation market expands companies are incorporating cyber security, compliance and change management into their industrial automation systems as well.
Adoption of the most advanced automation solutions helps companies compete in new and emerging markets such as LED manufacturing.
New fieldbus communication standards are improving the effectiveness of automation technology and new applications such as Heating Ventilation Air Condition (HVAC), Human Machine Interfaces (HMI) and new power distribution systems are leading to more widespread and successful adoption of industrial control and automation.
Tags: industrial automation
This entry was posted on July 7th, 2014 and is filed under Uncategorized. Both comments and pings are currently closed.
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