Growing demand for custom configured products coupled with
various asset lifecycle management initiatives are expected to drive the
discrete automation market demand over the forecast period. It is projected to
contribute to manufacturing and processing plant and reducing carbon footprint.
Discrete automation enhances ease-of-use, reduces cost along
with offering a control platform for enhancing productivity which is projected
to accentuate its industry demand. Further, increasing focus on energy saving
and efficiency improvement are anticipated to positively elevate the market
demand.
In
depth research report on Discrete automation market
Urbanization and rising population are creating strain on
infrastructure which is further estimated to offer significant growth
opportunities for the industry over the next six years. Several government
initiatives facilitating the usage of energy efficient systems are expected to
trigger the industry growth. It has its application across varied industries
such as mining, petrochemicals, pharmaceuticals amongst others. However, high
ownership cost can act as a challenge for market growth.
The discrete automation market can be classified on the
basis of products into distributed control system (DCS), robotics, SCADA,
manufacturing execution system (MES), programmable logic controllers (PLC) and
product lifecycle management (PLM). Growing demand from food processing industries
is expected to elevate the DCS industry demand.
MES act as a bridge between machine level operations and
enterprise resource planning to centrally control the manufacturing process.
PLM represents systematic data management relating to production design and
support along with ultimate disposal in a product development of the company.
The discrete automation market can be segmented by end-use
industry into textile, food processing, packaging and automation industry.
Growing population in the developing countries is expected to drive the food
processing industry over the forecast period.
North America is projected to dominate the industry. Asia
Pacific is expected to witness significant growth owing to the rise in factory
automation and industry control system implementation. Additionally,
availability of huge customer base, cheap labor and low manufacturing costs is
estimated to positively impact the industry growth in this region
Notable players in the industry are ABB Ltd, Schneider
Electric Co., Rockwell Automation Inc., Invensys plc and Siemens AG. Growing
product homogeneity and competition are propelling companies to differentiate
with customer service and support. Various industry participants are
collaborating with regional players to set up their facilities in the
developing countries such as India, China and Japan.
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