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2024-07-05
Process automation involves using technology to perform recurring tasks or processes in a business where manual effort can be replaced. It increases efficiency, reduces errors, and frees up human workers to focus on more complex tasks. By leveraging software tools, robotics, and AI, businesses can streamline operations, improve productivity, and achieve greater accuracy. This transformation helps in reducing costs and enhancing scalability, allowing companies to adapt quickly to changing market demands and competitive pressures.
The Global Process Automation Market was valued at USD XX million in 2022 and is expected to grow significantly, reaching USD XX million by 2030. The market is projected to expand at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031, driven by the increasing demand for efficiency and productivity in various industries. This growth is attributed to technological advancements, widespread adoption of automation in manufacturing, and the necessity for cost reduction and operational efficiency improvements.
ABB is a Swiss multinational company specializing in the development and marketing of industrial technologies. As one of the world's leading technology corporations, ABB drives social and industrial change, aiming for a more sustainable and prosperous future.
The company focuses on improving energy efficiency, boosting industrial production, and ensuring power reliability. ABB provides digitally connected and enabled industrial equipment and systems to customers in the utilities, industry, transport, and infrastructure sectors across Asia, the Americas, the Middle East, Africa, and Europe.
With manufacturing sites around the globe, ABB operates in key markets, including the United States, China, Czech Republic, Switzerland, Finland, Germany, Italy, Canada, Sweden, Poland, and India.
ABB – Products
Emerson Electric Co. delivers innovative solutions in Commercial & Residential sectors and Automation Solutions. The company markets its operation management software through renowned brands such as Plantweb digital ecosystem, AMS, DeltaV, and Ovation.
Emerson's product portfolio includes measurement and analytical instrumentation, industrial valves, process control software and systems, pneumatic mechanisms, electrical distribution equipment, and fluid control and pneumatic products.
In addition to its product offerings, Emerson provides modernization and migration services, process automation, smart wireless solutions, and after-project support services.
In 2022, Emerson invested $5.807 million in advancing its automation solutions, underscoring its commitment to technological innovation and excellence.
Emerson Electric Co. – Products
Honeywell International Inc. is a U.S.-based multinational conglomerate operating across various industries, including aerospace, building technologies, performance materials, and safety and productivity solutions.
Honeywell's aerospace division delivers a wide range of products and services for commercial, defense, and space applications, such as aircraft engines and maintenance and repair services. The building technologies division offers advanced solutions for energy management, HVAC, fire safety, and security systems. In the performance materials division, Honeywell provides specialty materials and chemicals for diverse industries. The safety and productivity solutions division focuses on worker safety, productivity, and asset management solutions.
With a global presence, Honeywell operates in over 70 countries, delivering innovative solutions worldwide.
Honeywell International Inc. – Products
Johnson Controls is a leading innovator in smart, healthy, and sustainable building solutions. Established in 1885, the company has over 135 years of experience in enhancing building performance across various sectors, including healthcare, schools, data centers, airports, stadiums, and manufacturing, through its OpenBlue platform.
With a presence in more than 150 countries and a workforce exceeding 102,000 employees, Johnson Controls is a global leader in the building technology industry. The company offers one of the world's largest portfolios of building technology, software, and service solutions. Additionally, Johnson Controls partners with some of the world's top manufacturers and service providers to deliver cutting-edge solutions.
Johnson Controls – Products
Mitsubishi Corporation is a leading manufacturer serving various industrial segments, including industrial materials, natural gas, mineral resources, petroleum & chemical solutions, industrial infrastructure, the food industry, consumer industry, automotive & mobility, urban development, and power solutions.
Established in 1954 and headquartered in Tokyo, Japan, Mitsubishi Corporation operates in over 90 countries worldwide and manages a corporate structure comprising 1,700 companies. As a publicly traded company, Mitsubishi Corporation employs 80,728 people globally.
In 2021, Mitsubishi Corporation generated a revenue of US$114,672.24 million, underscoring its significant impact and leadership in the industrial sector.
Mitsubishi Corporation – Products
Robert Bosch GmbH delivers its products through four main categories: mobility solutions, industrial technology, consumer goods, and energy & building technology.
With a presence in 126 locations worldwide, Bosch operates 440 subsidiaries and regional companies across over 60 countries, supported by 150 sales and service partners. The company offers innovative solutions for smart homes, Industry 4.0, and connected mobility, all while pursuing a vision of sustainable and safe mobility.
Bosch employs over 73,000 people in R&D, including 30,000 software engineers, and operates 11 research facilities globally. Leveraging its expertise in sensor technology, software & services, and its proprietary IoT cloud, Bosch provides connected, cross-domain solutions from a single source to its customers.
Robert Bosch Gmbh – Products
Rockwell Automation, Inc. specializes in manufacturing reliable and innovative products, software, and services for various industries, including automotive & tire, cement, chemical, entertainment, fiber and textiles, food & beverage, household & personal care, infrastructure, marine, metals, and life sciences.
Headquartered in Wisconsin, U.S., Rockwell Automation is a publicly-owned company founded in 1903. The company owns prominent brands such as Rockwell Automation, Allen-Bradley, FactoryTalk, and LifecycleIQ Services.
Rockwell Automation has a global presence, operating in North America, Latin America, Asia-Pacific, Europe, the Middle East, and Africa. The company's major business segments include intelligent services, software & control, and lifecycle services.
Rockwell Automation, Inc. – Products
Dassault Systèmes provides advisory services and software products across three main divisions: Manufacturing Industries, Life Sciences & Healthcare, and Infrastructure & Cities.
In the Manufacturing Industries category, Dassault Systèmes serves sectors such as transportation & mobility, high-tech, home & lifestyle, consumer packaged goods & retail services, aerospace & defense, marine & offshore, and industrial equipment.
The Life Sciences & Healthcare division includes pharmaceuticals, medical tools, biotechnology, and patient care services.
The Infrastructure & Cities division offers solutions for energy and resources, towns and regions, business services, and buildings.
Established on June 9, 1981, Dassault Systèmes is headquartered in Vélizy-Villacoublay, France.
Dassault Systèmes – Products
ServiceNow provides a cloud-based framework for automating IT management procedures. The company's core competencies include IT operations management, IT business management, and IT service management.
The ServiceNow platform seamlessly integrates with other tools, offering users a variety of apps and extensions to manage teams, projects, and customer relationships.
Founded in 2003, ServiceNow is headquartered in California, U.S., and has a global presence, employing over 20,433 people. In 2022, the company generated a revenue of US$7,245.00 million.
ServiceNow – Products
Siemens AG provides power and energy solutions to companies in the energy and electricity industry. The company develops and constructs fossil fuel power plants and power-generating components, including gas turbines, steam turbines, generators, gas turbine packages, steam turbine packages, compressors, wind turbines, fuel cells, fans, instrumentation and controls, electrical systems, fuel gasifiers, turbochargers, and environmental systems.
Siemens AG serves a diverse range of industries such as air separation, building complexes, power, oil and gas, ceramics, marine, metals, chemicals, food and beverage, manufacturing, pulp and paper, textiles, and sugar industries.
Based in Erlangen, Germany, Siemens AG operates in various locations worldwide, including Canada, Mexico, the U.S., Brazil, Saudi Arabia, China, and other countries.
Siemens Ag – Products
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