This market research report presents a comprehensive segmentation of the global automation market in the automotive industry by product type (PLM, industrial sensors, DCS, PLC, MES, and SCADA). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are ABB, Rockwell Automation, Schneider Electric, Mitsubishi Electric, and Siemens.
Technavio’s market research analysts estimate the global automation market in the automotive industry, to grow at a CAGR of 9% between 2016 and 2020. The automotive plant expansion plans in countries such as the US, China, Germany, Italy, and Mexico is expected to drive the growth of automation solutions. APAC is the dominant region in this market, accounting for 44% of the overall market revenue. The increase in capacity of automotive manufacturing plants that demand automation solutions in this region has been driving the market growth. The rising demand for cars and commercial vehicles in countries such as Japan, India, and China has been further fueling the demand for automation.
The new market research report from Technavio provides a breakdown and analysis of the automation in the automotive industry segments by technology.
Of late, the automakers are focusing on visible and flexible manufacturing processes to meet the growing demand for in-car technologies and vehicle customization. Various automation solutions such as MES, DCS, and PLM are helping manufacturers to integrate long supply chains into production lines by generating advanced analytics and predictive modelling and plant-specific data. These solutions provide accurate operational information and hence, minimise operational errors and human interference, thereby increasing productivity,” says Bharath Kanniappan, Lead Analyst, Industrial Automation, Technavio Research.
The product lifecycle management (PLM) segment dominates the global market, with a market share of 55%. Cost-effectiveness and need to collaborate throughout the value chain, including product and marketing planning, product development, production, distribution, sales, and after-sales support are some of the factors that have contributed to the growth of this segment.
The key vendors in the global automation market in the automotive industry include ABB, Rockwell Automation, Schneider Electric, Mitsubishi Electric, and Siemens. The market is fragmented by the presence of well-diversified international, regional, and local vendors, who offer cost-effective customized automation control systems. The international players are increasing their footprint and gaining market share with the introduction of new and innovative products and services. Local vendors are finding it difficult to compete with the international players, especially in terms of quality, features, and system capabilities.
A more detailed analysis is available in the Technavio report, Global Automation Market in the Automotive Industry 2016-2020.
We can customize reports by other regions and specific segments upon request.
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