Discrete Automation Market Growth, Industry Trends To 2022: Grand View Research, Inc.

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Growing demand for custom configured products coupled with various asset lifecycle management initiatives are expected to drive the discrete automation market demand over the forecast period. It is projected to contribute to manufacturing and processing plant and reducing carbon footprint.

Discrete automation enhances ease-of-use, reduces cost along with offering a control platform for enhancing productivity which is projected to accentuate its industry demand. Further, increasing focus on energy saving and efficiency improvement are anticipated to positively elevate the market demand.

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Urbanization and rising population are creating strain on infrastructure which is further estimated to offer significant growth opportunities for the industry over the next six years. Several government initiatives facilitating the usage of energy efficient systems are expected to trigger the industry growth. It has its application across varied industries such as mining, petrochemicals, pharmaceuticals amongst others. However, high ownership cost can act as a challenge for market growth.

The discrete automation market can be classified on the basis of products into distributed control system (DCS), robotics, SCADA, manufacturing execution system (MES), programmable logic controllers (PLC) and product lifecycle management (PLM). Growing demand from food processing industries is expected to elevate the DCS industry demand.

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MES act as a bridge between machine level operations and enterprise resource planning to centrally control the manufacturing process. PLM represents systematic data management relating to production design and support along with ultimate disposal in a product development of the company.

The discrete automation market can be segmented by end-use industry into textile, food processing, packaging and automation industry. Growing population in the developing countries is expected to drive the food processing industry over the forecast period.

North America is projected to dominate the industry. Asia Pacific is expected to witness significant growth owing to the rise in factory automation and industry control system implementation. Additionally, availability of huge customer base, cheap labor and low manufacturing costs is estimated to positively impact the industry growth in this region

Notable players in the industry are ABB Ltd, Schneider Electric Co., Rockwell Automation Inc., Invensys plc and Siemens AG. Growing product homogeneity and competition are propelling companies to differentiate with customer service and support. Various industry participants are collaborating with regional players to set up their facilities in the developing countries such as India, China and Japan. 

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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.

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