Market Research Future published a research report on “PC Based Automation Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Research Future (MRFR) anticipates that the PC-based automation market 2020 can come along quite well by reaching an approximate valuation of USD 36 billion by 2023. The market advancement rate is also estimated to be 5% between 2017 and 2023 (assessment period). We will provide covid-19 impact analysis with the report. The report offers an in-depth analysis of the market following the coronavirus disease outbreak.
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Growth Boosters and Main Barriers
A few notable trends in the PC based automation market in recent years include the mounting need for proper monitoring in manufacturing plants, increasing focus on adherence of strict regulatory compliances and the widespread demand for smart automation solutions.
Furthermore, the surge in Industry 4.0 along with Industrial Internet of Things (IIoT) has completely transformed the automation sector. Frequent technical innovations are prompting companies to offer advanced features to their customers, in terms of performance and connectivity. Such innovative and sophisticated features are developed in the manufacturing industry to bring down the operational and capital expenditures.
Apart from this, the surge in collaborations between PC based automation industry vendors and the electronic device manufacturers; huge demand for office automation and IT hardware products as well as consumer electronics; rising deployment of the 5G technology; and increasing investments in research and development (R&D) activities to expand the product offering can also favor the PC Based Automation Market.
Some of the key players of PC-Based Automation Market include General Electric (U.S.), Honeywell International (U.S.), Beckhoff Automation (Germany), Emerson Electric (U.S.), Mitsubishi Electric (Japan), OMRON Corporation (Japan), Robert Bosch (Germany), IDEC (Japan), Schneider Electric (France), Siemens (Germany),Kontron S&T (Germany), ABB (Switzerland), Advantech (Japan), Rockwell Automation (U.S.), and Yokogawa Electric (Japan)
Global PC-based Automation Market: Segmental Analysis
The PC-Based Automation industry has been considered for component, offering and industry vertical.
Depending on offering, the PC-based automation market segmentation includes hardware, services as well as software.
Components discussed in the study are Supervisory Control and Data Acquisition, Human-Machine Interface, Programmable Logic Controller, industrial PC’s, Distributed Control System, and others.
Industry verticals that extensively deploy PC-based automation solutions include discrete industry as well as process industry. The discrete industry types are automotive, semiconductor & electronics, machine manufacturing, aerospace & defense, medical devices, and others. Out of the mentioned discrete industries, the aerospace & defense segment can claim the highest growth rate in the next few years.
MRFR outlines the PC Based Automation Market Size across the regions of APAC or Asia Pacific, Europe, North America, and RoW or Rest-of-the-World.
The APAC market for PC-based automation can observe the fastest growth over the forecast timeline, with India, Japan and China in the lead. The persistent growth of the manufacturing industries and the emergence of government-backed initiatives such as “Make in India” are some of the chief factors responsible for the market growth. The increasing spending on infrastructure and the rising uptake of next-gen manufacturing technologies also accelerate the business expansion in APAC.
The North American market growth is anticipated to be quite significant, with high contribution from economically developed countries like the United States (U.S), Canada, and Mexico. North America has an extremely robust and sophisticated manufacturing infrastructure that makes extensive use of PC based automation solutions. The market is largely bolstered from the supportive government initiatives and policies such as “Manufacturing USA”, which brings together academia, government partners and industry across the expanding network of high tech manufacturing institutes. These types of initiatives boost the manufacturing competitiveness within the region, causing a ripple effect in the PC based automation market.
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- Research Firms.
- Government Agencies
- Manufacturing Associations and Industrial Bodies
- Component Suppliers and Distributors
- End-users of PC-based Automation Solutions across Industries
- Industrial Automation Equipment Providers
- Market Research and Consulting Firms
- Original Equipment Manufacturers (OEMs)
- Semiconductor Product Designers and Fabricators
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