An industrial
automation solution helps organizations, especially those in the process and
discrete industries, optimize their business operations through the efficient
control of various processes. There are five major types of industrial
automation solution: DCS, MES, SCADA, APC, and PLC. These automation solutions
improve organizational efficiency by facilitating uninterrupted system
operations. In addition, they help companies by providing real-time
information, which improves the efficiency of the entire plant and reduces the
total cost of ownership.
Analysts forecast
the Global Industrial
Automation market in the Food and Beverage industry to grow at a CAGR of 9.37 percent over the
period 2013-2018.
The report
recognizes the following companies as the key players in the Global Industrial
Automation Market in the Food and Beverage Industry: ABB Ltd., Emerson Electric
Co., Honeywell International Inc., Schneider Electric SA, Siemens AG and
Yokogawa Electric Corp.
Other Prominent
Vendors in the market are: Invensys, General Electric, Mitsubishi Heavy
Industries, Metso, Omron, Rockwell Automation, Toshiba International, Control
Systems International, and Bharat Heavy Electricals.
One of the major
trends in this market is the increased demand for totally integrated solutions.
To optimize the operational cost and improve plant efficiency, vendors are
looking for totally integrated automation systems.
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Covered in this Report
Based upon the type
of automation solution, the Global Industrial Automation market in the Food and
Beverage industry can be classified into five segments: DCS, MES, SCADA, APC,
and PLC.
Global Industrial
Automation Market in the Food and Beverage Industry 2014-2018, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the Americas, and the EMEA and APAC regions; it also
covers the Global Industrial Automation market landscape in the Chemical and
Petrochemical industry and its growth prospects in the coming years. The report
also includes a discussion of the key vendors operating in this market.
According to the
report, the need to reduce total cost of ownership is a major driver of the
market. Decreased profit margins because of high competition and little product
differentiation have forced vendors to reduce the total cost of ownership,
which has led to increase in adoption of automation systems in the Food and
Beverage industry.
Further, the report
states that one of the major challenges in this market is the unwillingness of
end-users to migrate to the latest technology. Several organizations worldwide
find it difficult to shift from their legacy systems to the latest technology
because of various technical issues such as interoperability and
incompatibility with existing systems.
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