As per their “Industrial Automation Market” report, the global market was valued at USD 224 Billion in 2023, growing at a CAGR of about 9% during the forecast period from 2024 - 2032 to reach USD billion by 2032.
At present, the Asia Pacific is becoming the world’s most rapid industrialization zone, with advanced technology, and technology innovation. Automating nations like China, Japan, India, and South Korea are embracing automation technologies in consolidating the manufacturing industry. That change not only fosters positive changes in productivity and efficiency but also applies pressure on the countries in the region to compete on an international level. Automotive, electronics, pharmaceutical production, and other sectors with considerable automation potential are already adopting robotics across the Asia-Pacific; and the region is expected to continue to grow in the next five to ten years.
Asia-Pacific: An Industrial Automation Growth Machine
Several factors have made the Asia-Pacific region record a very high growth in industrial automation. Government policies, private investment, and a growing manufacturing sector have put automation technologies in a favorable position. China, which currently hosts the largest manufacturing industry worldwide, has for long been at the center of this shift. The political concerns under discussion include the “Made in China 2025” strategy that focuses on moving from manufacturing jobs to the efficiency of advanced technologies with the help of automation. Due to the progressive industrialization of its economy and the scarcity of skilled labor, Japan with its tradition of launching state-of-the-art machinery remains a pioneer in adopting automated technologies, while Indian industry actively adopted robotics and automation technologies, although only a few years ago, they did not have sufficient demand for this type of equipment.
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In December 2022, ABB officially opened its state-of-the-art, fully automated, and flexible robotics factory in Kangqiao, Shanghai, China. The 67,000m2 production and research facility represents a $150 million (1.1 billion RMB) investment by ABB and will deploy the company’s digital and automation technologies to manufacture next-generation robots – enhancing ABB’s robotics and automation leadership in China.
January 30, 2023 – Hitachi, Ltd. announced that it has been accelerating the global development of its line building business leveraging industrial robots ("the robotic SI business") and will merge Hitachi Automation, Ltd. ("Hitachi Automation") and Kyoto Robotics Corporation ("Kyoto Robotics"), Hitachi Group companies in Hitachi's Industrial Digital Business Unit, on April 1, 2023 to strengthen the robotic SI business in Japan and ASEAN countries.
Automation is even more important for manufacturers in the Asia-Pacific to sustain their competitive advantage. Recent increases in the costs of labor in places such as China and South Korea and essential requirements such as quality and efficiency have made firms turn to automation systems. This is the case in nations such as India and Vietnam, where sectors that require automation are gradually expanding, and it’s seen as a method of lifting barriers to foreign investment and improving equipment. This makes the Asia-Pacific region recognized as the hub of hopes for industrial automation hence fueling the market’s expansion.
Implementation of Higher Technologies
Advanced technologies in automation are also on the rise in the Asia-Pacific region, helping to propel the market forward. Of these, Robotics is arguably the most popular across industries. Japan is still one of the leading countries in the robotics industry, such as Fanuc and Yaskawa Electric, which lead the industry of industrial robots. China is another important country as its goal lays in becoming a world center of robotics through increased investment in research and production of robots.
Mobile apps, AI, and IoT are seen at the forefront of a new trend in the automation industry. Smart connected devices and AI-integrated systems support the ways of proactive management, immediate monitoring, and wise decision-making at factories. South Korea and Japan are currently the most advanced in employing AI in the production line, while China is following the automation race by investing in the AI sector.
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Cobots are being slowly embraced across the region, especially among SMEs, and can be categorized into six types. They are more flexible than industrial robots because cobots interact with human operators — it is also cheaper than automating a line completely. This percentage is likely to increase in countries such as Japan, Korea, and Singapore where cobots are rapidly being adopted particularly in electronics, packaging, and assembly applications.
Challenges and Opportunities
However, there are some barriers that companies experience in the Asia-Pacific region despite this market for industrial automation experiencing rapid growth. An always task is incorporating today’s advanced automation systems with obsolete, pre-existing systems more often observed in traditional industries. Further, there are rising concerns about cyber securities due to increased automation through the Internet of Things and more on cloud systems.
Nevertheless, the opportunities are great. There is significant hope with the rising utilization of automation in new-age emerging markets such as India, Vietnam, and Indonesia. Foreign nations such as these are continuing to elaborate on the enhancement of their infrastructure and industries’ production lines, thus enabling automation industries to gain ground.
Additionally, due to sustainability and drive towards green manufacturing in the region it can be seen nice opportunities for such companies providing energy efficient automation technologies. When supply chains around the world get shifted because of political conflicts and soaring production costs, more and more firms are in the process of seeking new production sites, which makes Asia-Pacific become a focus of automation investment.
Conclusion
The Asia-Pacific market for industrial automation is expected to advance due to novel government policies, increasing employment costs, technological innovation, and the icing on the cake environmental consciousness. With the increase in industrialization and modernization of manufacturing industries across the region, automation is set to revolutionize productivity, competition, and efficiency. As the industrial automation technology in Asia-Pacific is set to benefit from huge opportunities in emerging markets and the use of advanced technologies in the future. Such technologies get a boost in their organizations and also establish a competitive advantage in the global marketplace. According to the UnivDatos the widespread adoption of Industry 4.0, growing industrialization in emerging markets, expansion of industrial automation in emerging markets, and increasing labor shortages drive the Industrial Automation market.
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