PC-Based Automation Trends and Forecast
The future of the global PC-based automation market looks promising with opportunities in the pharmaceuticals, mining & metals, food & beverages, automotive, semiconductor & electronics, and aerospace & defense markets. The global PC-based automation market is expected to reach an estimated $42.79 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are the rising demand of IIOT, the growing emphasis on regulatory compliance on the adoption of smart and automated solutions, and the increasing requirement for efficient monitoring in manufacturing plants across the globe.
• Lucintel forecasts that, within the offering category software is expected to witness the highest growth over the forecast period owing to its improved scalability and flexibility as compared to hardware.
• Within the end use category, semiconductor & electronics will remain the largest segment.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period due to rapid industrialization and growing adoption of automation technology across various end use industries in the region.
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Emerging Trends in the PC-Based Automation Market
The future of the PC-based automation market is shaped by several key trends. These reflect technological innovations and changing industrial needs.
• AI and Machine Learning Integration: AI and machine learning are being integrated into PC-based automation systems for predictive maintenance, process optimization, and adaptive control. This ensures efficient operation as well as reduced downtime.
• Edge Computing Expansion: Edge computing is growing in popularity, enabling data processing to take place closer to its source. This assists in reducing latency, improving real-time decision-making abilities, and boosting the performance of automation systems.
• Adoption of Cloud-Based Solutions: Scalable and flexible data storage and analytic systems are increasingly becoming cloud-based for use in automation. This trend supports a remote monitoring environment, data integration, and collaborative working spaces.
• Security Focus: With increased connectivity across systems, PC-based automation has intensified the focus on cybersecurity. It encompasses enhanced security measures against cyber threats, ensuring system integrity.
The above factors redefine PC-based automation by making system intelligence better, thus increasing its performance rate, presenting more flexible options, and addressing any security concerns. They promote modernization because they drive innovation and address the changing needs of industries today.
The PC-based automation market is advancing with significant developments that reflect technological progress and shifting industrial demands. Key developments include innovations in system capabilities and applications.
• Integration with AI: There has been an increase in the use of artificial intelligence (AI) in PC-based automation systems to achieve increased levels of analytics while providing room for better optimization of processes. This change improves decision-making capability, predictive maintenance, and operating efficiency.
• Adoption of Edge Computing: Real-time data processing through edge computing ensures low latency when integrated into PC-based automation systems. Thus, this evolution leads to improved performance, as well as faster response times.
• Cloud-Based Automation Solutions: The advent of cloud-based solutions offers automation systems that are flexible and scalable. Consequently, remote access support, data integrations, and collaborative work can be realized with this kind of development that promotes operational adaptability.
• Enhanced Cybersecurity Measures: Cybersecurity has taken center stage due to the increasing cyber threats targeting PC-based automation systems. As part of this process, advanced security protocols and surveillance programs are being set up.
These developments are driving the PC-based automation market by improving system capabilities, performance, and security while addressing the need for advanced technology and flexibility in industrial automation.
The PC-based automation market offers several strategic growth opportunities driven by technological advancements and industrial needs. These opportunities span various applications and sectors.
• Smart Manufacturing Growth: Opportunities for PC-based automation systems that support advanced production processes and real-time monitoring arise from the rise of smart manufacturing. This is to address the need to be more efficient and more agile.
• Increased IoT Integration: Enhanced connectivity and data sharing can be achieved through integrating IoT with PC-based automation systems. This further supports smart factories and enhanced process control.
• Renewable Energy Adoption: Effective management of energy systems can be achieved when renewable energy projects adopt PC-based automation. This includes wind, solar, and other renewable sources of energy.
• Advanced Robotics Demand: The industry’s increasing use of robots in different ways also means there are opportunities for PC-based automation that supports complex robotic applications, such as improved accuracy and flexibility in manufacturing.
These strategic growth opportunities are shaping the PC-based automation market as they drive improvement in manufacturing, IoT, renewable energy, robotics, and Industry 4.0, which indicate the potential for innovation and development within this industry sector.
Various factors such as the state of technology, the general economic environment, and regulatory requirements affect the PC-based automation market. These factors include technological advancements, economic conditions, and regulatory requirements.
The factors responsible for driving the PC-based automation market include:
• Technological Advancements: The demand for advanced PC-based automation systems is driven by innovations in AI, edge computing, and cloud technologies. By enhancing system performance, flexibility, and intelligence, these advances lead to improved capabilities.
• Growth in Smart Manufacturing: Increased adoption of PC-based systems to support intelligent manufacturing environments is a key driver. This includes moves toward connected smart manufacturing.
• Integration with IoT: Enhancing connectivity and data sharing is supported through the integration of IoT technologies with PC-based automation systems. This supports real-time process control and the development of smart factories.
• Demand for Energy Efficiency: The need for sustainable industrial operation and energy management has resulted in increased usage of PC-based automation solutions.
Challenges in the PC-based automation market are:
• High Initial Costs: The high initial costs associated with advanced PC-based automation systems may hinder some organizations from adopting them. For instance, this challenge directly affects small businesses with limited budgets, making it harder for them to adopt such technologies.
• Integration Complexity: Integrating new automation systems with existing infrastructure can be complex and time-consuming. It therefore requires careful planning and affects deployment timelines seriously.
Technological advancements, growth in smart manufacturing initiatives, integration with IoT, energy efficiency needs, and adherence to set rules are some challenges facing the developing markets for PC-based automation. To fully capitalize on market opportunities while ensuring successful execution, cost-related challenges, integration, and cybersecurity must be dealt with.
List of Residential Air Purifiers Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies residential air purifiers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the residential air purifiers companies profiled in this report include-
• Daikin Industries
• Sharp Corporation
• Honeywell International
• Samsung Electronics
• LG Electronics
Residential Air Purifiers Market by Segment
The study includes a forecast for the global residential air purifiers market by technology, type, and region
Residential Air Purifiers Market by Type [Analysis by Value from 2018 to 2030]:
• Portable /Stand Alone Air Purifiers
• In-Duct Air Purifiers
Residential Air Purifiers Market by Technology [Analysis by Value from 2018 to 2030]:
• High Efficiency Particulate Air (HEPA)
• Activated Carbon
• Ionic Filters
• Others
Residential Air Purifiers Market by Region [Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Residential Air Purifiers Market
The market for automation based on personal computers (PCs) is highly dynamic due to the growth of technology and increased acceptance across several industries. These recent developments reflect various trends in automation technology and its applications.
• United States: The US market for AI-based PC automation systems is growing rapidly. This has been driven by factors such as improved data analytics abilities and better integration with IoT platforms, resulting in more efficient and intelligent automation solutions.
• China: Increased investments in smart manufacturing and Industry 4.0 have made the Chinese market grow wider. Hence, there have been recent developments incorporating advanced PC-based automation solutions to support high-volume manufacturing and integration with cloud-based services.
• Germany: Germany emphasizes improving the interoperability of PC-based automation systems within the Industry 4.0 context. Therefore, some of the latest advancements include edge computing integration and enhanced cybersecurity measures to secure automation infrastructure.
• India: In India, cost-effective automated solutions are becoming increasingly important as they support the expanding industrial sector. Consequently, there has recently been an introduction of affordable PC-based automation systems with modular designs so that they can cater to small and medium-sized enterprises.
• Japan: Japan is progressing in robotics and automation technologies, where now PC-based systems are getting more involved with advanced robotics AI. As a result, modern developments concentrate on improving accuracy and flexibility in production operations.
Features of the Global PC-Based Automation Market
Market Size Estimates: PC-Based Automation Market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: PC-based automation market size by offering, component, end use industry, and region in terms of value ($B).
Regional Analysis: PC-based automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offering, component, end use industry, and region of the PC-based automation market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the PC-based automation market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q.1 What is the PC-based automation market size?
Answer: The global PC-based automation market is expected to reach an estimated $42.79 billion by 2030.
Q.2 What is the growth forecast for PC-based automation market?
Answer: The global PC-based automation market is expected to grow with a CAGR of 5.1% from 2024 to 2030
Q.3 What are the major drivers influencing the growth of the based automation market?
Answer: The major drivers for this market are rising demand of IIOT, growing emphasis on regulatory compliances on the adoption of smart and automated solutions, and increasing requirement for efficient monitoring in manufacturing plants across the globe.
Q4. What are the major segments for PC-based automation market?
Answer: The future of the global PC-based automation market looks promising with opportunities in the pharmaceutical, mining & metal, food & beverage, automotive, semiconductor & electronic, and aerospace & defense markets.
Q5. Who are the key PC-based automation market companies?
Answer: Some of the key PC-based automation companies are as follows:
• ABB
• Advantech
• Beckhoff Automation
• Emerson Electric
• General Electric
• Honeywell
• IDEC
• Kontron S&T
• Mitsubishi Electric
• OMRON
Q6. Which PC-based automation market segment will be the largest in future?
Answer: Lucintel forecast that software is expected to witness highest growth over the forecast period owing to its improved scalability and flexibility as compared to hardwares.
Q7. In PC-based automation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization and growing adoption of automation technology across various end use industries in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the PC-based automation market by offering (hardware and software), component (IPCs, HMIs, PLCs, and SCADA), end use industry (pharmaceuticals, mining & metals, food & beverages, automotive, semiconductor & electronics, and aerospace & defense), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to PC-based automation market or related to PC-based automation companies, PC-based automation market size, PC-based automation market share, PC-based automation market growth, PC-based automation market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.