The way consumers buy things has changed, and industries need advanced automation processes in manufacturing to keep up. Having a flexible production system, supported by high-tech IT processes, means faster, safer, and more cost-effective production. Industries face economic pressure that affects their performance and growth, so using industrial automation is a way to overcome these challenges.
In the past, factory owners had to physically monitor and control the performance and quality of outputs to figure out the best way to manufacture products. This manual approach was inefficient and could lead to unsafe conditions. That's why industrialists started using automation solutions, which deliver higher output with fewer errors in the final product. Automation has several advantages over traditional manufacturing, including increased productivity, improved quality, and a reduction in labor costs. Automated manufacturing and production processes offer great potential for improving productivity, increasing profits, reducing energy consumption, and cutting costs associated with manufacturing.
Various tools and technologies are used by industrialists to automate their manufacturing and production processes. These include programmable controllers, PACs, industrial robots, process control systems, PLM software, and discrete sensors. Industrial robots, for example, can produce high-quality products with precision, offering a good return on investment and improving workplace safety. According to the International Trade Administration, the U.S. is a leading global producer of industrial automation equipment. In 2015, it exported automated products worth nearly USD 10.5 billion. Looking ahead, countries like Mexico, Canada, Germany, China, Japan, the UK, India, and South Korea are expected to drive high demand for automated products and services. The increasing growth of automation is driven by the desire to reduce direct labor costs and eliminate monotonous tasks. This allows businesses to allocate resources to more valuable tasks such as research or business development. Using the right automation technology, combined with a skilled workforce, positions companies for success and helps them stay competitive in the market.
Covered Aspects:Report Attribute/Metric | Details |
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Segment Outlook | Robot Type, Component, Organization Size and Region |
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