The Report Europe Industrial Automation Services (IAS) Market by Solution, Service Type, End-user, and Country 2014-2025: Growth Opportunity and Business Strategy gives a detailed analysis on the industrial automation services market in the European level. The report is based on a comprehensive research of the European industrial automation services market by analyzing the entire local market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025. The top players in the European level are AlterG, Inc., Bionik Laboratories Corp., Cyberdyne, Inc., Ekso Bionics, Hocoma, Honda Motor Co., Ltd., Myomo, Panasonic Corporation (Activelink), Parker Hannifin Corporation, ReWalk Robotics Ltd., Rex Bionics Plc. And U.S. Bionics, Inc. (suitX).
Automation is when machines once performed by humans are partially or completely governed by the machines in itself. Automation fist emerged in the automobile industry and is widely used in the manufacturing context. Automation uses technology to execute tasks and is capable of performing tasks without human intervention. Robotics is a part of automation and has changed the way how industries and companies manufacture and deliver impact. Increasing automation has led to increase in productivity, production, efficiency, safety and reduced lead time. Many industries stick on to automated machineries due to the higher output and productivity. They have resulted in consistent quality, regularity and safety. However, it does have the social spill over effect of unemployment and excess capital requirement which hampers its growth.
Automated factories are the growing rapidly especially in Europe given it hosts the hubs for automotive and manufacturing industries. They are expensive since any new configuration or changes demand rebuilding which is not cost – effective. The industries are also heavily controlled by remotes and powerful robots and they are all a matter of networked intelligence.
Region – wise, Germany is the leading player with Italy and UK slowly growing. The integration of hardware and software is one of the major factors of growth. This is due to reduced wastages, lesser man – made accidents, increasing innovation in products. Due to the new improvements and advancements like remote terminal units, sensor technology and IT have made it economically profitable for the industries to invest in automation.
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Ankur Gupta, Head Marketing & Communications