Outlook of the Asia-Pacific Automation and Control Market, 2019
Security Concerns and Vendor Sustainability Hinder Adoption of IIoT
01-Aug-2019
Asia Pacific
Market Outlook
PA45-01-00-00-00
IA01543-AP-MO_23402
This outlook provides information on the trends in the automation and control market in the Asia Pacific region. It is seen that demand in this region, especially Southeast Asia is only likely to increase. This is also a relatively safer region for investment when compared to the more developed but maturing regions of North America and Europe.
The automation market has evolved with the changing demands of customers, from providing individual control equipment to integrated control systems with multi-functionality capabilities. Not using new technologies will result in inadequate use of resources and decreased performance. Over time, the market may lose its attractiveness if it does not sustain its value-addition capabilities. Manufacturers in future factories will face issues when creating products that cultivate sustainability across the realms of social, environmental, and economic parameters. Sustainability in future factories will transform into a fundamental discipline applied throughout the product lifecycle.
While companies are aware that there could be operational impacts when a new technology is deployed, the impacts must be short lived and not negatively impact the way resources are used. For instance, when machines are connected as end-to-end applications, the platforms can handle a given volume of transactions/events. In this scenario, although there will be teething problems, solutions providers of smart manufacturing technologies also allow for additional capabilities thereby significantly benefiting the user.
In a manufacturing set up, the only way to remain competitive is to understand how the latest networking technologies can increase efficiency when fully utilized. This in turn will bring down costs.
Smart manufacturing gains prominence as emerging markets’ consumption of manufactured goods is increasing. This is because industries that see growing demand also have to identify opportunities to remain competitive. This can be achieved by adopting smart manufacturing techniques in their production processes; most automation companies find this area to be lucrative over time.
Any manufacturing technology should be sustainable and usable in the long run to make it viable for businesses to implement. Going one step further, this also means predicting undesirable process conditions and equipment failures before they occur. These can then be systematically addressed as part of a continuous improvement process.
There are several stakeholders involved in integrated operations and hence it becomes important to clearly outline the roles and responsibilities with well-defined metrics for each.
This research service provides an understanding of the automation and control systems market across Asia Pacific while also identifying the key trends that will impact the market during the next one year (2019).
Author: Krishnan Ramanathan
Key Highlights of 2018
Top Predictions for 2019
Research Scope and Segmentation—Study Period and Countries
Research Scope and Segmentation—Products and End Users
Market Overview—Product Definitions
Market Overview—Product Definitions (continued)
Market Overview—End Users
Market Overview—End Users (continued)
Research Aim and Objectives
Total Market Revenue—2018 and 2019
Breakdown by Product Type—Automation and Control Market: 2018 and 2019
Market Leaders of 2018—Automation and Control
End-users of Focus—Oil and Gas
End-users of Focus—Power
End-users of Focus—Food and Beverage
Distribution Channel Trends 2018
2018 Key Influencers For End Users
Key Trends in Oil and Gas Industry
Automation Trends
Opportunity Areas for Automation and Process Control Systems Suppliers
Key Trends in the Power Industry
Automation Trends
Opportunity Areas for Automation and Process Control Systems Suppliers
Key Trends in the Food and Beverage Industry
Automation Trends
Opportunity Areas for Automation and Process Control Systems Suppliers
New Product/Service Launches and Developments in 2018
New Product/Service Launches and Developments in 2018 (continued)
Trend 1—Increasing Deployment of Robots and Cobots
Trend 2—Ability to Quantify the Benefits of Smart Manufacturing Spurs Interest Among End Users
Trend 3—Changing Attitudes towards IIoT
Key Technology Trends 2018 and 2019
Key Technology Trends 2018 and 2019 (continued)
TIES Project—Major Growth Opportunities
Growth Opportunity 1—Collaboration for Growth
Growth Opportunity 2—Use of Sensors, Collaborative Robots, and Big Data in Manufacturing
Growth Opportunity 3—Thrust on Renewable Energy
Key Conclusions
Legal Disclaimer
Abbreviations and Acronyms Used
Additional Sources of Information on Automation and Control
List of Exhibits
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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| Deliverable Type | Market Outlook |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Krishnan Ramanathan |
| Industries | Industrial Automation |
| WIP Number | PA45-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9672-A9,9593,9420 |
Outlook of the Asia-Pacific Automation and Control Market, 2019
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