Industrial Automation
"The industrial automation market is redefining global manufacturing, powering the rise of smart factories, real-time monitoring, and predictive analytics. Valued at over USD 250 billion in 2024, the sector is driven by robotics, PLCs, SCADA systems, and AI-powered process control that enable faster, safer, and more efficient operations.
Global leaders such as Siemens, ABB, Schneider Electric, and Rockwell Automation dominate with advanced automation platforms, while SMEs are increasingly adopting automation through subscription models and Automation-as-a-Service (AaaS). Products ranging from industrial robots and IoT-enabled sensors to intelligent automation software are transforming workflows and boosting productivity.
Emerging trends like hyperautomation, collaborative robots (cobots), digital twins, and edge computing are accelerating decision-making and unlocking scalability. Looking ahead, Industry 5.0, sustainable automation, and human–machine collaboration will drive the next wave of industrial transformation — building smarter, greener, and more resilient production ecosystems."
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Industry definition
"The industrial automation market is redefining global manufacturing, powering the rise of smart factories, real-time monitoring, and predictive analytics. Valued at over USD 250 billion in 2024, the sector is driven by robotics, PLCs, SCADA systems, and AI-powered process control that enable faster, safer, and more efficient operations.
Global leaders such as Siemens, ABB, Schneider Electric, and Rockwell Automation dominate with advanced automation platforms, while SMEs are increasingly adopting automation through subscription models and Automation-as-a-Service (AaaS). Products ranging from industrial robots and IoT-enabled sensors to intelligent automation software are transforming workflows and boosting productivity.
Emerging trends like hyperautomation, collaborative robots (cobots), digital twins, and edge computing are accelerating decision-making and unlocking scalability. Looking ahead, Industry 5.0, sustainable automation, and human–machine collaboration will drive the next wave of industrial transformation — building smarter, greener, and more resilient production ecosystems."