Market Share of Asia Pacific Process Automation Industry
The Asia Pacific Process Automation Market is moderately fragmented, with few new entrants and few dominant players. The companies keep on innovating and entering into strategic partnerships to retain their market share. Some of the recent developments in the market are:
- July 2021 - Emerson Electric Corporation announced the launch of its Planet Web Optics Data Lake, an enterprise-level data management software solution that helps manufacturers reduce data complexity to fully leverage operations data across a production site or from multiple locations to improve profitability enterprise-wide.
- May 2020 - RoviSys announced its collaboration with VANTIQ, a developer of high-end applications to develop applications that can detect and contain COVID-19 in the food and beverage industry, apart from the critical life science sector.
APAC Process Automation Market Leaders
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ABB Ltd
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Siemens AG
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Schneider Electric SE
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General Electric Co.
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Mitsubishi Electric
*Disclaimer: Major Players sorted in no particular order