PC Based Automation Market Research Report – Forecast to 2023
The PC-based automation market comprises components such as industrial PCs, HMIs, PLCs, and SCADA. PC-based automation is used in process and well as discrete industries to automate and control manufacturing processes in these industries. The PC-based automation market is expected to be valued at USD 38.01 Billion by 2023, growing at a CAGR of 4.9% between 2018 and 2023. Some of the major factors driving the growth of the PC-based automation market are the evolution of IIoT and rising demand for smart automation solutions, increasing need for efficient monitoring in manufacturing plants, and growing emphasis on regulatory compliances.
Siemens (Germany), General Electric (US), Mitsubishi Electric (Japan), Schneider Electric (France), and Rockwell Automation (US) are some of the leading players in the PC-based automation market. These market players have adopted various strategies to maintain their position in this market and ensure their long-term growth and success. The key strategies adopted by most companies in the market include product launches and developments, contracts, collaborations, partnerships, mergers & acquisitions, and expansions.
Siemens is one of the leading players in the automation industry. The company has established a strong brand name owing to its innovations, technological excellence, and highly sustainable and quality products. Siemens’ strong brand image and technical expertise help it gain a competitive edge in several applications, such as oil & gas, chemicals, and food & beverages, over its competitors. The company’s Industrial Automation division designs and manufactures PC-based automation products and solutions. Siemens offers various types of PC-based automation products through its SIMATIC platform, which delivers superior performance. It is an ideal platform for implementing different applications efficiently and cost-effectively. The company offers PC-based automation solutions, such as IPCs, software controllers, SCADA, HMIs, and related software packages.
General Electric (GE) has a strong installed base of production assets; this helps the company expand its PC-based automation offerings. GE offers industrial software, control systems, and embedded computing platforms that help connect, monitor, analyze, predict, and optimize operations efficiently. The company’s GE Automation division offers products and solutions using a wide array of technologies, ranging from integrated, open, and PLC-based control to complete automation using SCADA, related to PC-based automation. In September 2015, the company started GE Digital – as a part of its strategy toward the company’s digital transformation. The newly started division focuses on offering solutions pertaining to industrial automation and smart factory.
Mitsubishi Electric manufactures and markets electric and electronic equipment used in home products, and commercial and industrial systems. The company offers PC-based automation products under its Industrial Automation Systems segment. Mitsubishi Electric has a broad portfolio of PC-based automation products that enables it to cater to a large customer base, generate more revenues, and improve margins. It offers a variety of hardware products and software solutions in the PC-based automation market. Mitsubishi Electric’s advanced product offerings help end users enhance productivity and efficiency by providing better visibility into production processes.
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