Automation and digitisation in drives to match market potentials
By OEM Update Editorial May 1, 2021 5:20 pm IST
Global Industrial Automation market size is valued at $168.81 Bn as per 2019 results and projected CAGR are about 9 percent for the next 5 years.
Increasing adoption of Industry 4.0 and the advent of 5G wireless technology is propelling the demand for Automation across several Industries. Impacts of global automation market trends Talking about the aspects impacting the demand for automated drives, PL Muthusekkar, Managing Director, Nord Drive Systems, says “By expediting processes and minimising human errors, the advent of automation and connected devices allow industries to innovate and grow fairly, and rapidly.” Automation consists of a control system that performs tasks for its users, thereby, reducing the need for manual intervention. Automation market size is also experiencing disruptive trends. Today, India tries to raise its bar in each and every aspect, a new project deliverables can be seen where we are benchmarked with international standards. Aspects of energy-efficiency and savings are central to every new upcoming project.
Here, on this note, Vaibhav Pitale, Managing Director – India and, South West Asia, Belimo says, “Even the old installations are being upgraded on these fronts as it brings along a considerable savings in operating costs.” At Belimo, we follow the CESIM philosophy which makes sure our products add value in terms of –
C – Comfort and wellbeing of occupants
E – Efficiency
S – Safety which is uncompromised when it comes to human life and assets
I – ease in Installation
M – Peace of mind during the maintenance phase
So, we make sure our products have a great impact on efficiency. We call it small devices-big impact.
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