Why Industrial Automation is important?
Over the past years, there has been a positive growth in the global industrial automation industry. According to a report, the industrial automation market is expected to reach USD 153.83 Billion by 2022, growing at a CAGR of 5.10% between 2017 and 2022. Moreover, usage of automation techniques is on the rise and is expected to continue rising for the foreseeable future.
These expectations showcase that global industrial automation companies are preferring automation to reduce manual labor inputs and decrease costs. It further eliminates the requirement for many low-paying offshore jobs and allows companies to increase the need for high-skilled activities.
The major advantages of using automation are:
• Reduced direct human labor costs and expenses
• Increased productivity
• Enhanced consistency of processes or product
• Delivery of quality products
Why is industrial automation so important?
The industrial world is facing many technological changes which increased the urgent demand for the premium quality products and services that can only be supplied by a high level of productivity. This requirement needs process engineering systems, automated manufacturing, and industrial automation.
Hence, industrial automation plays a key role in solving the requirements of companies. It is extremely significant to face the tasks of:
Globalization – Global industrial automation market demands superior, practical services
Productivity – Automation companies want to enhance their productivity by producing a higher level of Automation. The key factors include costs, time and quality.
On the other hand, industrial automation is all about working smarter, faster, and proficiently. This makes automation more powerful and that’s why customers are looking for pioneering, end-to-end technologies with open, modern architecture and new data from new connections. As the industrial automation industry comprehends the advantages of the Internet of Things (IoT), it is becoming essential that organizations adopt these technologies.
Industrial Automation Becomes a ‘Solutions’ Business:
Industrial automation is important as it becomes a solution business. Let us check how it becomes a solutions business:
Industrial automation refers the categorization of software and hardware and a mechanism that combines them (hardware & software). Moreover, it involves the process of rolling out new features using advanced technology in business to reduce limitations. Automation can be achieved by installing automated devices or embedded systems as well as automation software performing the logical tasks and control the operation processes.
Implementation of these devices, software, and hardware will be the ‘Solution’ to deliver the operation to be automated. These solutions are widely used nowadays to enhance efficiency and productivity of businesses.
Future of Industrial Automation:
Industrial Automation is moving towards exceptional productivity spurred by superior energy efficiency, rigorous safety standards, and better design. Instrumentation and controls have always been a source of new products such as amplifiers, displays, control elements etc.
Automation has been using everywhere nowadays. SCADA, DCS, Process Instruments etc have made automation more reliable and powerful.