TechNavio recognizes the following companies as the key players in the Global Discrete Automation Market: ABB Ltd., Rockwell Automation Inc., Schneider Electric Co., and Siemens AG.
Commenting on the report, an analyst from TechNavio’s team said: “Global manufacturers are increasingly adopting an engineer-to-order, manufacture-to-order, and configure-to-order business model. Growing IT capabilities coupled with increasing expectations from consumers are driving this trend in the Global Discrete Automation market. Discrete manufacturers are increasingly turning to IT investments as part of their growth and competitiveness strategies. The cost-effective implementation of a manufacturer’s IT infrastructure gives an executive the real-time information needed to maximize supply chain operations and efficiencies.”
According to the report, one of the major drivers in this market is the increasing penetration in emerging countries. The adoption of discrete automation solutions is growing at a rapid rate in developing countries such as China and India and in the Middle East, Africa, and Latin America.
Further, the report states that one of the major challenges confronting the vendors in the market at present is the high total cost of implementing the solutions. Also, end-users are required to continually upgrade their discrete automation solutions to stay abreast of the latest technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-discrete-automation-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global Discrete Automation Market 2012-2016
