In today’s rapidly evolving technological landscape, industrial automation has emerged as a driving force behind increased productivity, enhanced efficiency, and streamlined operations in various sectors. As companies continuously pursue new ways to boost their bottom line and maintain a competitive edge, the adoption of automation solutions is a growing necessity.
In this blog post, we will delve deep into the world of industrial automation, presenting you with essential statistics that shed light on the prevalence of automation technologies, their impact on the global economy, and the most promising advancements that are reshaping the industry’s future. Join us as we explore the multifaceted dimensions of industrial automation and the compelling statistics that prove its transformative power across diverse sectors. Let this be your comprehensive guide to understanding the significance and potential of industrial automation in today’s ever-changing market.
The Latest Industrial Automation Statistics Unveiled
By 2025, the global industrial automation market is expected to reach $326.14 billion.
The meteoric rise of the global industrial automation market, projected to skyrocket to a staggering $326.14 billion by 2025, paints a vivid picture of the rapidly evolving technological landscape. Within a blog post about Industrial Automation Statistics, this captivating statistic emphasizes the transformative potential of automation, highlighting the increasing indispensability of robotics and advanced software systems to modern industries. As market value surges, the statistic sets the stage for a lucrative opportunity to invest in cutting-edge solutions, paving the way for enhanced efficiency and productivity across countless sectors.
As of 2020, the global industrial robots market was valued at $47.8 billion.
In the ever-evolving landscape of industrial automation, a soaring valuation of $47.8 billion for the global industrial robots market in 2020 underscores the monumental shift towards embracing advanced technology in various industries. This staggering figure sheds light on the significant strides made in integrating cutting-edge robotics with traditional manufacturing processes, propelling productivity and efficiency to unprecedented heights.
By comprehending the profound impact of this market valuation, readers of the blog post will be able to grasp the contemporary dynamics and future trends of industrial automation, providing them with a comprehensive understanding of the far-reaching implications for businesses and the workforce alike.
About 80% of respondents in a McKinsey survey saw at least a 25% increase in digital activities following COVID-19.
As the world grapples with the unprecedented shift triggered by COVID-19, industrial automation has taken center stage in embracing this change. The McKinsey survey sheds light on the noticeable surge of digital activities, with an astounding 80% of participants witnessing an acceleration of at least 25%. This piece of information is invaluable for those looking to gauge the impact of the pandemic on the rapidly evolving landscape of the automation industry.
In essence, this data point serves as a testament to the increased reliance on digital channels and advanced technologies across various sectors. For industrial automation enthusiasts, this information translates into the collective acknowledgment of the importance and critical need for incorporating smart, streamlined solutions into businesses. In turn, this presents a multitude of opportunities for innovation, collaboration, and sustainable growth in the field of industrial automation.
As we continue to traverse through these uncertain times, the enlightening findings of the McKinsey survey offer a beacon of hope for the prospects of the industrial automation sector. It reinforces the narrative that the future is digital and provides an impetus for industry leaders to align their strategies accordingly.
According to Fortune Business Insights, the manufacturing segment held a 48.42% share in the industrial automation market in 2019.
Delving into the realm of Industrial Automation Statistics, one cannot ignore the powerful revelation by Fortune Business Insights, which unveils the substantial influence of the manufacturing sector. A staggering 48.42% share in the industrial automation market has been grasped firmly by this segment back in 2019.
This crucial insight emphasizes not only the significance of manufacturing but also highlights the unrelenting drive towards automation in this pivotal arena. As we navigate the ever-evolving landscape of Industry 4.0, such compelling figures demand our attention and have far-reaching implications for future investments, technology advancements, and global economic transformations.
In 2021, there are around 3 million industrial robots installed worldwide.
Delving into the realm of industrial automation, one cannot overlook the staggering presence of approximately 3 million industrial robots installed worldwide in 2021. This quantifiable revelation speaks volumes about the rapid transformation and mechanization of industries, emphasizing the extent to which organizations have embraced automated technology. As a result, this data leads the readers of this blog post deep into the heart of a revolution that is shaping the future of global manufacturing, while profoundly highlighting the magnitude of changes occurring within the workforce, efficiency improvements, and increased competitiveness in the ever-evolving marketplace.
As of January 2021, the Asia-Pacific region accounted for 50% of the global industrial automation market.
Highlighting the impressive figure that the Asia-Pacific region contributes to 50% of the global industrial automation market as of January 2021, sheds light on the significant and rapid transformation within this geographical area. Not only does it emphasize the rapid technological advancements taking place in the Asia-Pacific region, but it also showcases the pivotal role this part of the world plays in shaping the future of the industrial automation landscape.
In the context of a blog post about industrial automation statistics, presenting this intriguing percentage is crucial, as it draws attention to the major trends and developments in the industry, as well as pointing to the global significance of companies operating in the Asia-Pacific region. Furthermore, this number entices readers to investigate the reasons behind this significant market share, such as the presence of manufacturing hubs, favorable government policies, and a skilled workforce. Ultimately, the mention of the Asia-Pacific region’s share in the global industrial automation market ensures that the blog post delivers a comprehensive analysis and offers valuable insights into the ever-evolving world of industrial automation.
Around 42% of global industrial robot sales were in the automotive industry in 2020.
Diving into the realm of industrial automation statistics, one cannot help but be captivated by a striking observation: the automotive sector’s overwhelming dominance with its staggering 42% share of global industrial robot sales in 2020. This colossal proportion not only underlines the automotive industry’s voracious appetite for cutting-edge technology but also showcases its unyielding commitment to efficiency and innovation.
Furthermore, the staggering statistic sheds light on the vast potential for growth and development within other industrial sectors, as they gradually embrace the game-changing power of robotics and automation. Let this impressive figure serve as an eye-opening testament to the accelerating pace of industrial transformation, sure to intrigue and inspire anyone navigating the fascinating landscape of contemporary automation trends.
By 2024, it is estimated that 50% of industrial automation devices will use edge computing.
A captivating revelation unfolds, as estimates indicate a remarkable shift in industrial automation by 2024 – envision half of these intelligent devices operating through the sophisticated marvel of edge computing. This transformative surge is undeniably vital within the realm of industrial automation statistics, as it highlights the progressive journey towards reduced latency, amplified data processing abilities, and enhanced security. Delving into this statistic provides powerful insights into the foreseeable technological advancements, shaping the industry dynamics and empowering businesses to adapt and thrive in an increasingly automated world.
Based on the IFR World Robotics Report, worldwide sales of cobots increased by 11.8% in 2019.
Delving into the realm of industrial automation statistics, one cannot overlook the significance of an 11.8% growth in worldwide sales of cobots, as reported by the IFR World Robotics Report in 2019. This remarkable surge not only highlights the increasing demand for collaborative robots in modern industries, but also underlines the rapid advancements and adaptation of automation technologies in manufacturing processes. Such a compelling figure clearly validates the rising dominance of cobots in shaping the future landscape of industrial automation, making it an essential focal point for any blog post delving into the subject.
In 2018, industrial automation software had a 45% share in the overall automation software market.
Highlighting the fact that in 2018, industrial automation software constituted a significant 45% share in the overall automation software market serves as a powerful testament to the growing importance and influence of this technology within the industrial realm. By showcasing this robust market presence, the blog post effectively captures the reader’s attention and encourages a deeper understanding of how essential industrial automation has become in driving efficiency, productivity, and innovation across various sectors.
This impressive share not only underscores how widespread the adoption of industrial automation has been, but also provides the foundation for fascinating discussions on trends, future growth projections, and the potential impact of this technological marvel on the global industrial landscape.
By 2024, the industrial human-machine interface (HMI) market is estimated to be around $6.31 billion.
As we delve into the realm of industrial automation, it’s impossible to ignore the monumental impact that the human-machine interface (HMI) market is poised to have in the near future. By 2024, experts estimate this sphere of technology to reach a staggering $6.31 billion, demonstrating the integral role human-machine interactions play in shaping the future of industrial processes. This thriving market reflects the ever-growing symbiosis between human talents and the precision of innovative machinery, promising revolutionary advancements in productivity, efficiency, and safety for countless industries worldwide.
Between 2018 and 2030, it is estimated that the demand for IoT devices in manufacturing will grow at an annual rate of 5%.
Envisioning the landscape of industrial automation, one cannot dismiss the captivating projection of a 5% yearly surge in IoT device demand within manufacturing from 2018 to 2030. This compelling statistic signifies the vital role IoT technology is poised to play in steering the sector towards unprecedented interconnectedness, optimization, and efficiency. The fascinating numbers presented here warrant further exploration for those seeking to unravel the future trajectory of Industrial Automation, as they unveil an era where smart, data-driven decision-making becomes increasingly indispensable for success on the factory floor and beyond.
Industrial Automation energy efficiency increases by up to 30% in some systems.
A captivating insight into the world of Industrial Automation reveals that energy efficiency experiences a remarkable boost of up to 30% in certain systems. This striking figure not only showcases the potential of automation to revolutionize industrial operations, but also highlights its crucial role in promoting sustainability, cost reduction, and environmental stewardship. As the quest for greener solutions gathers pace, such compelling statistics grab center stage in the global discourse, further solidifying Industrial Automation’s position as a game-changer in the contemporary industrial landscape.
By 2021, global industrial automation market is estimated to grow at a CAGR of 8.91%.
As the dawn of a new era in industrial automation emerges, it’s fascinating to witness how the landscape of technology is reshaping itself with unprecedented speed. With the global industrial automation market projected to expand at a remarkable CAGR of 8.91% by 2021, this revelation not only underscores the immense potential of this sector but also highlights the transformative influence automation possesses in revolutionizing the way businesses operate.
In the labyrinth of industrial automation statistics, this particular insight serves as a beacon of promise for budding entrepreneurs, business magnates, and innovative trailblazers alike. The surge in adoption of automated systems across various industry verticals is a testament to the growing confidence in the power of automation, as well as the rising acknowledgement of its significance in enhancing efficiency, reducing costs, and ultimately improving the global economy.
This notable growth trajectory sends a clear signal to those who may have been uncertain about embracing the latest advancements in industrial automation. Now is indeed the time to jump onboard, fortify their positions amidst fierce competition, and reap the rewards of a future defined by rapid technological advancement and innovation. As one delves into the world of industrial automation statistics, this impressive forecast truly captures the essence of the extraordinary opportunities awaiting those who dare to explore the uncharted territories of the automation revolution.
According to the World Economic Forum, around 50% of companies are expected to adopt Industry 4.0 technologies by 2022.
As we journey through the rapidly evolving arena of industrial automation, the World Economic Forum projects an intriguing milestone in our path: by 2022, approximately half of all companies will have embraced the cutting-edge technologies of Industry 4.0. This significant juncture in the world of automation is not just a number, but a reflection of the accelerating momentum with which businesses are racing to adapt and succeed in this new era.
In the context of a blog post focused on Industrial Automation Statistics, this remarkable forecast highlights the importance of staying up to date with the latest trends, developments, and opportunities in the realm of Industry 4.0. In turn, unlocking new levels of operational efficiency, innovation, and competitiveness for enterprises worldwide.
In 2021, the worldwide sales of industrial sensors reached $18.3 billion.
Spotlighting the stunning figure of $18.3 billion in worldwide industrial sensor sales for 2021 unveils the powerful driving force behind contemporary advancements in industrial automation. This astonishing number underscores the increasing demand for precision, efficiency, and data-driven insights – all essential components for harnessing the full potential of Industry 4.0.
Industrial sensors’ prolific sales growth not only signals a transformative shift in manufacturing capabilities but also sets the stage for a data-rich future, where automation and analytics harmoniously synchronize for optimal performance. This compelling statistic truly captures the essence of the monumental role industrial sensors play as the backbone of today’s increasingly connected and automated global market.
The United States accounted for purchases of approximately 40,300 industrial robots in 2020.
Delving into the world of industrial automation statistics, one cannot overlook the monumental role that the United States has played in accelerating this technological revolution. Bearing testimony to this fact is the astonishing figure of 40,300 industrial robots acquired by the nation in the year 2020 alone. This significant volume of robot purchases not only highlights the US as a major driving force in automating industries but also underscores the increasing reliance on machines to perform tasks with efficiency, precision and speed. Overall, this statistic serves as a vital indicator of our rapid stride towards the adoption of automation and robotics, transforming the dynamics of the modern industrial landscape.
By 2023, the machine vision market size is expected to reach $14.7 billion.
As we delve into the fascinating world of Industrial Automation Statistics, let’s pause for a moment to absorb a striking projection: a $14.7 billion value attached to the machine vision market by 2023. This staggering number emphasizes the enormous growth potential of machine vision applications in various industries. Unearthing such insights allow us to better understand the inextricable link between automation and efficiency, as well as enabling businesses to make informed decisions that harness the power of technology, optimize their processes, and ultimately reshape the industrial landscape.
The process instrumentation market is expected to reach $18.96 billion by 2025.
Delving into the realm of Industrial Automation Statistics, one cannot overlook the meteoric rise projected in the process instrumentation market. With an astonishing valuation of $18.96 billion by the year 2025, this skyrocketing figure is a testament to the ever-increasing reliance on efficiency, precision, and digitalization within the industrial landscape. This integral component of automation systems not only showcases the exponential growth of the industry but also highlights the endless potential it holds for organizations striving for seamless integration, cost-cutting, and sustainable operations.
The global SCADA market is forecast to reach $15.2 billion by 2026.
Revelations from recent forecasts project the global SCADA market to catapult to an astounding $15.2 billion by 2026. This astounding projection not only proves the prominence of SCADA systems in the realm of industrial automation but also hints at the necessity of incorporating it in myriad applications.
By seizing the reins in areas like monitoring and control, these systems intend to eclipse traditional approaches and elevate productivity to unprecedented heights. This notable statistic cements the fact that SCADA systems have risen in significance and are now a vital cog in the well-oiled machine of industrial automation, steering the industry at a steady pace towards a more streamlined and efficient future.
According to Statista, about 37% of manufacturers have embraced advanced analytics for automation.
In the rapidly changing landscape of industrial automation, an impressive 37% of manufacturers have already adopted advanced analytics, as revealed by Statista. This noteworthy figure shines a light on the ongoing paradigm shift in the manufacturing sector, emphasizing the increasing reliance on cutting-edge technology to streamline processes, minimize human intervention, and optimize productivity. As we dive deeper into industrial automation statistics, this intriguing percentage underlines the significance of data-driven decision-making in contemporary manufacturing and sets the stage for an insightful discussion on the future of intelligent workspaces.
Machine-to-Machine (M2M) global connections are expected to surpass 27 billion by 2025.
“Imagine a world where a colossal 27 billion Machine-to-Machine (M2M) connections empower industries globally by 2025, paving the way for remarkable advancements in industrial automation. This breathtaking fusion of connectivity not only highlights rapid technological progress but also brings unparalleled potential to reshape the very fabric of production and operational efficiency.
As industries adapt and evolve, these M2M connections serve as the lifeblood of transformative automation solutions, seamlessly enabling businesses to bolster productivity, reduce costs, and minimize human intervention. In the ever-changing landscape of industrial automation, this awe-inspiring statistic clearly emphasizes the magnitude and significance of M2M connections as the catalyst for a smarter, more connected future.”
By 2024, the global automated guided vehicle market is projected to reach $7.3 billion.
As we journey into the future of industrial automation, it is fascinating to watch the expanse of possibilities that emerge with the integration of technological advancements. A shining example of success in this arena is the global automated guided vehicle (AGV) market, which is anticipated to swell to a staggering $7.3 billion by 2024. This remarkable projection reflects the immense potential that AGVs have in revolutionizing the manufacturing landscape.
This phenomenal growth trajectory signifies that businesses across diverse sectors are placing tremendous trust and reliance on automation developments to drive efficiency, productivity, and profitability. Furthermore, the deployment of AGVs can be seen as a testament to the commitment of industry leaders in embracing cutting-edge advancements and staying ahead of the curve in addressing the demands of the modern economy.
In the midst of a rapidly-evolving industrial landscape, AGVs provide an essential means for moving materials and goods in a fast, safe, and precise manner, while reducing the risk of human error and workplace accidents. As we strive for an era marked by heightened precision, accuracy, and cost-savings, the flourishing AGV market is set to emerge as the poster child of how automation can unravel new horizons and redefine our approach to manufacturing prowess. Undoubtedly, the statistic is a crucial reminder that AGVs have already begun to reshape the automated landscape and will continue to be a formidable force as the world embraces Industry 4.0.
The global programmable logic controller (PLC) market was valued at $11.26 billion in 2020.
As we delve into the realm of Industrial Automation Statistics, the staggering $11.26 billion valuation of the global programmable logic controller (PLC) market in 2020 stands as a testament to the integral role these versatile controllers play in automation systems. Illuminating the ever-increasing reliance on these digital computers within the industry, this impressive figure highlights the growing demand for efficient, flexible, and reliable solutions to manage complex automation tasks across various sectors.
In essence, this remarkable valuation sets the stage for a broader understanding of the extensive impact that PLCs have on the modern industrial landscape, propelling industries into new levels of productivity, precision, and connectivity.
The automation market for Industrial Control Systems (ICS) is expected to reach $702 million by 2026.
In the realm of Industrial Automation Statistics, the anticipated escalation of the automation market for Industrial Control Systems (ICS) to a staggering $702 million by 2026 highlights the impending revolution in the industry. This bold financial prediction not only underscores the growing importance of automation technologies, but also showcases the immense potential for expanded efficiency, innovation, and progress within the industrial sector. By grasping the significance of this statistical projection, the blog post can ignite the conversation on how embracing automation will be pivotal in reshaping the industry’s present and sculpting the future’s smart manufacturing landscape.
According to ABI Research, industrial automation will account for 60% of industrial edge-connect devices shipped by 2023.
With an exciting crescendo towards a highly automated future, ABI Research forecasts that a staggering 60% of industrial edge-connect devices will find their home in the realm of industrial automation by 2023. In the grand narrative of industrial automation statistics, this prediction paints a vivid picture of the pivotal role automation will play in shaping the industrial landscape.
Not only does this emphasize the rapid adoption of automation technologies, but it also echoes the sheer transformational potential and massive opportunity that awaits manufacturers, businesses, and investors as we delve into an era of smart, connected, and efficient industries. Let this number, 60%, be a reminder and an inspiration for all who journey in the world of industrial automation.
By 2026, the global Industrial Internet of Things (IIoT) market is expected to reach $1.08 trillion.
The staggering projection that the global Industrial Internet of Things (IIoT) market will soar to an impressive $1.08 trillion by 2026 serves as a testament to the transformative potential of industrial automation. This jaw-dropping figure emphasizes the sheer scale of innovation and advancement that is anticipated within the realm of smart manufacturing and automated systems, shaping industries and supply chains for years to come.
By shedding light on these eye-opening statistics, the inexorable push towards a future fueled by Industrial Automation is showcased, providing a vibrant landscape for businesses to adapt, evolve, and thrive in an increasingly interconnected and intelligent world.
The global machine learning market in manufacturing is anticipated to reach $9,300 million by 2025.
Delving into the realm of industrial automation, we cannot ignore the staggering prediction that the global machine learning market in manufacturing is poised to soar to a whopping $9,300 million by 2025. This formidable figure holds paramount significance as it underscores the undeniable role of machine learning in revolutionizing the industrial landscape.
An integral part of modern automation solutions, machine learning techniques enhance productivity and efficiency for an expanding number of businesses worldwide. By incorporating this vital projection into the discussion of industrial automation statistics, the blog post is poised to present a comprehensive analysis of contemporary trends that shape the future of manufacturing.
Conclusion
In summary, industrial automation statistics vividly demonstrate the immense growth and potential that this technological revolution has brought to various industries. From improving efficiency, cost-effectiveness, and productivity, to creating new job opportunities and boosting global competitiveness, industrial automation is a key driving force behind modern economic progress. As the data reveals, the implementation of advanced systems, robotics, and Artificial Intelligence continues to expand, profoundly transforming the industrial landscape.
As we move forward in this digital age, it is crucial for businesses to embrace and adapt to these advancements in order to thrive in the dynamic world of industry. Ultimately, the increasing trends in industrial automation are a testament to its significance in shaping the future of global markets.
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