Market Trends of ICS for Process Automation Industry
This section covers the major market trends shaping the Industrial Control for Process Automation Market according to our research experts:
Paper and Pulp Segment is Expected to Register a Significant Growth
- The numerous processes in the paper and pulp industry require the raw materials pass through a lot of process with close monitoring of temperature and chemical content and the process automation allows to achieve the same from one location through the process automation. The paper and related products have seen an increase in the past five years and the demand is expected to show similar trends with the increase in demand from Asian, North American, and European regions over the forecast period. All these regions are expected to further drive the demand in the paper and pulp industry for increased process adoption.
- Process automation is also considered as the primary level of automation, which allows the collection of data continuously and real-time basis, this enables the industry to further use these systems for data visualization and predictive plant maintenance. The paper and pulp industry involves a number of steps for the conversion of wood into paper. Activities, such as wood preparation, bleaching, chemical recovery required high utilization of raw material, which can be better controlled, as automation helps in the efficient conversion of raw materials.
- The production in the industry is also facing a shortage, due to the presence of bottlenecks in production. A typical manual operator is the main bottleneck, which allows only about 60 rolls per hour of production, which can be improved by process automation and drive the growth over the forecast period.
Understand The Key Trends Shaping This Market
Download Sample
Asia-Pacific to be the Fastest Growing Market
- Due to the increasing adoption of the automation technologies and technological innovation in various industries, APAC is expected to hold the highest market share in the industrial control for the process automation market.
- Industrial control systems in developed regions like Europe and North America have reached the saturation point, owing to the early adoption of technological innovations. Hence, the most robust growth opportunity lies in emerging economies, such as the Asian countries.
- In emerging economies, several government initiatives promote techniques for efficient industrial production through automation. Application of Industrial control systems in countries, like South Korea, Indonesia, and China are on the rise, along with other emerging economies across the world.
- Moreover, China is working on innovative industrial practice by implementing automation technologies in manufacturing. Besides, research institutes and corporates are collaboratively working to improve China's manufacturing processes. Companies such as Honda (Japan), Toyota (Japan), and Suzuki (Japan) are developing smart factories for manufacturing robots, sensors, wireless technologies, and machine vision systems, thus propelling the growth of the industrial control for process automation market in Japan.
Get Analysis on Important Geographic Markets
Download Sample
