Market Trends of PC Based Automation Industry
This section covers the major market trends shaping the PC Based Automation Market according to our research experts:
Evolution of Industrial Internet of Things and Increase in Demand for Smart Automation Solutions
- The Industrial Internet of Things (IIoT) is an industrial framework that utilizes a large number of devices or machines connected and synchronized through software tools and third-party platform technologies. Many local IoT applications on factory floors and in complex machines have started linking multiple proximal networks using cloud-based data aggregation and supervisory control systems.
- Additionally, as the IoT technology becomes more widespread across the consumer and industrial sectors, IoT applications are expected to employ distributed architectures. Large-scale deployments and the need for interoperability (e.g., cross-vendor, cross-silo, cross-organizational) may lead to solution architectures becoming increasingly dependent on new and standardized enablers that ensure interlinking of multiple sub-systems to peers and central cloud systems.
- This need for supporting IoT environments in manufacturing setups is leading to the up-gradation of PLCs. The PC-based automation market is expected to be fueled by the fusion of PLC and PAC (programmable automation controller) functions.
- The introduction of PC-based automation is expected to reduce costs and increase the competitiveness of manufacturing setups. According to GE estimates, a 1% improvement in its productivity across its manufacturing base, established globally, translates into USD 500 million in annual savings.
- Furthermore, government initiatives are expected to fuel market growth. For instance, the French government introduced ‘La Nouvelle France Industrielle,’ a 10-year plan that was launched to assist companies operating in the country to competitively position themselves in the future markets. This program is expected to be completed by 2023.
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North America to Hold the Largest Market Share
- The North American region has an ecosystem where multiple vendors that are capable of supplying sensors, robotics, digitalization, industrial IoT, and in-depth data analysis operate. Hence, the rate of switching from legacy systems to automated pc-based systems is much higher. Additionally, smart manufacturing techniques ensure increased productivity, leading to a competitive advantage compared to low wage countries.
- This has led to the governments in the region undertaking initiatives to ensure increased automation of manufacturing facilities. In October 2018, the White House Office of Science and Technology announced a “Strategy for American Leadership in Advanced Manufacturing”, to facilitate the digital transformation of the manufacturing sector by using Big Data analytics and advanced sensing and control technologies.
- Furthermore, the Canadian government has been focusing on industrial R&D collaboration opportunities with German organizations, to introduce AI in the Canadian manufacturing set-up within the next 3-5 years. Global Affairs Canada, through the Embassy of Canada in Berlin and the National Research Council Industrial Research Assistance Program (NRC-IRAP), has been undertaking the Industry 4.0 initiatives for the government.
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