The Global Discrete Automation Market Growth, Industry Trends 2015 To 2022

Discrete Automation Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2015 To 2022

• Published by: Grand View Research
• Posted on: October 2015
• Report Code: GVR2416

The global discrete automation market is expected to witness significant growth over the forecast period owing to growing demand for manufacturing in emerging markets. Growing focus on efficiency improvement and energy saving are expected to drive market growth. Discrete automation offers a control platform for increasing productivity, enhances ease-of-use along with reducing costs which is expected to accentuate the industry growth.

The Discrete Automation Market Growth

Increasing population along with urbanization is creating strain on infrastructure which is projected to offer lucrative growth opportunities for the discrete automation market by 2022. This automation finds its application across various industries including pharmaceuticals, petrochemicals, mining, and pulp manager among others.

Significant potential from renewable energy sector coupled with heavy investments in infrastructure for sectors including water and wastewater, oil and gas and power industry is projected to trigger industry growth over the forecast period. Varied government initiatives across the globe facilitating the usage of energy efficient systems are anticipated to boost the industry demand over the next six years. However, high cost of ownership is projected to act as a restraint for discrete automation market growth.

The Discrete Automation Market by Products and Applications

The discrete automation market can be segmented on the basis of products into robotics, manufacturing execution system (MES), product lifecycle management (PLM), distributed control system (DCS), SCADA, distributed control system (DCS) and programmable logic controllers (PLC).

• DCS solutions help in enhancing the power generation speed along with avoiding human errors that occur during the process. Rising demand from food processing industries is estimated to drive the DCS solutions industry demand.
• MES act as a bridge between enterprise resource planning and machine level operations for centrally controlling the manufacturing operations. It is further used to analyze report status and availability along with collecting detailed execution data such as process parameters, labor and material usage.
• PLM represents systematic data management related to production support, design combined with ultimate disposal in a product development in the organizations.

The market can be classified on the basis of end-use industry into, automotive, packaging, food processing and textile industry. The food processing industry is projected to witness significant demand owing to increasing population in the developing countries.

Key Players in the Discrete Automation Market

Key players in the discrete automation market include Siemens AG, Rockwell Automation Inc., ABB Ltd, Invensys plc, Schneider Electric Co. Rising competition along with product homogeneity is propelling companies to differentiate with customer support and service. The discrete companies are less automated and are prioritizing initial visibility into manufacturing, data from production assets, finances and key performance indicators.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.