A3 - Association for Advancing Automation’s Post

+150 companies make up this industrial automation market map (hit the save button ↑) This market globally is projected to expand from $165 billion in 2023 to $308 billion by 2030, reflecting a CAGR of 9.3%. The ecosystem is fundamentally reshaping how we think about industrial operations. There are some challenges to overcome: ↘︎ 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 70% of businesses cite high initial investment costs and a struggle with technology integration complexities ↘︎ 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝗜𝘀𝘀𝘂𝗲𝘀 50% report insufficient technical skills and a resistance to change from the existing workforce. ↘︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗛𝘂𝗿𝗱𝗹𝗲𝘀 Maintenance and reliability, scalability and adaptation to changing market demands But the benefits are clear: ↗︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 Productivity increases of 20-40% Reduction in production costs with optimised resources 24/7 operational capability with consistent output quality ↗︎ 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 & 𝗦𝗮𝗳𝗲𝘁𝘆 Over 50% reduction in quality deviations Significant decrease in workplace accidents Standardised output with minimal variations ↗︎ 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 Faster time-to-market for new products Enhanced supply chain visibility and control Improved sustainability through reduced waste & energy 𝘈𝘴 𝘢 𝘭𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘵𝘦𝘢𝘮, 𝘩𝘰𝘸 𝘢𝘳𝘦 𝘺𝘰𝘶 𝘭𝘦𝘷𝘦𝘳𝘢𝘨𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 𝘥𝘪𝘷𝘦𝘳𝘴𝘦 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮 𝘵𝘰 𝘤𝘳𝘦𝘢𝘵𝘦 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦 𝘢𝘥𝘷𝘢𝘯𝘵𝘢𝘨𝘦𝘴 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘴𝘱𝘦𝘤𝘪𝘧𝘪𝘤 𝘮𝘢𝘳𝘬𝘦𝘵 𝘴𝘦𝘨𝘮𝘦𝘯𝘵? Want a his-res version and the full list? Follow my substack → Industrial Section Insights Join for free here: https://bit.ly/ISInsights ————————————————————————————— I help forward-leading industrial companies reinvent for success by formulating a balanced portfolio #Strategy to drive #Innovation & #Growth ————————————————————————————— References/Sources in the comments Note 1: The map is not exhaustive Note 2: ML/AI Deep Dive to follow

+150 companies make up this industrial automation market map (hit the save button ↑) This market globally is projected to expand from $165 billion in 2023 to $308 billion by 2030, reflecting a CAGR of 9.3%. The ecosystem is fundamentally reshaping how we think about industrial operations. There are some challenges to overcome: ↘︎ 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 70% of businesses cite high initial investment costs and a struggle with technology integration complexities ↘︎ 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝗜𝘀𝘀𝘂𝗲𝘀 50% report insufficient technical skills and a resistance to change from the existing workforce. ↘︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗛𝘂𝗿𝗱𝗹𝗲𝘀 Maintenance and reliability, scalability and adaptation to changing market demands But the benefits are clear: ↗︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 Productivity increases of 20-40% Reduction in production costs with optimised resources 24/7 operational capability with consistent output quality ↗︎ 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 & 𝗦𝗮𝗳𝗲𝘁𝘆 Over 50% reduction in quality deviations Significant decrease in workplace accidents Standardised output with minimal variations ↗︎ 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 Faster time-to-market for new products Enhanced supply chain visibility and control Improved sustainability through reduced waste & energy 𝘈𝘴 𝘢 𝘭𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘵𝘦𝘢𝘮, 𝘩𝘰𝘸 𝘢𝘳𝘦 𝘺𝘰𝘶 𝘭𝘦𝘷𝘦𝘳𝘢𝘨𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 𝘥𝘪𝘷𝘦𝘳𝘴𝘦 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮 𝘵𝘰 𝘤𝘳𝘦𝘢𝘵𝘦 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦 𝘢𝘥𝘷𝘢𝘯𝘵𝘢𝘨𝘦𝘴 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘴𝘱𝘦𝘤𝘪𝘧𝘪𝘤 𝘮𝘢𝘳𝘬𝘦𝘵 𝘴𝘦𝘨𝘮𝘦𝘯𝘵? Want a his-res version and the full list? Follow my substack → Industrial Section Insights Join for free here: https://bit.ly/ISInsights ————————————————————————————— I help forward-leading industrial companies reinvent for success by formulating a balanced portfolio #Strategy to drive #Innovation & #Growth ————————————————————————————— References/Sources in the comments Note 1: The map is not exhaustive Note 2: ML/AI Deep Dive to follow

+150 companies make up this industrial automation market map (hit the save button ↑) This market globally is projected to expand from $165 billion in 2023 to $308 billion by 2030, reflecting a CAGR of 9.3%. The ecosystem is fundamentally reshaping how we think about industrial operations. There are some challenges to overcome: ↘︎ 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 70% of businesses cite high initial investment costs and a struggle with technology integration complexities ↘︎ 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝗜𝘀𝘀𝘂𝗲𝘀 50% report insufficient technical skills and a resistance to change from the existing workforce. ↘︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗛𝘂𝗿𝗱𝗹𝗲𝘀 Maintenance and reliability, scalability and adaptation to changing market demands But the benefits are clear: ↗︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 Productivity increases of 20-40% Reduction in production costs with optimised resources 24/7 operational capability with consistent output quality ↗︎ 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 & 𝗦𝗮𝗳𝗲𝘁𝘆 Over 50% reduction in quality deviations Significant decrease in workplace accidents Standardised output with minimal variations ↗︎ 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 Faster time-to-market for new products Enhanced supply chain visibility and control Improved sustainability through reduced waste & energy 𝘈𝘴 𝘢 𝘭𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘵𝘦𝘢𝘮, 𝘩𝘰𝘸 𝘢𝘳𝘦 𝘺𝘰𝘶 𝘭𝘦𝘷𝘦𝘳𝘢𝘨𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 𝘥𝘪𝘷𝘦𝘳𝘴𝘦 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮 𝘵𝘰 𝘤𝘳𝘦𝘢𝘵𝘦 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦 𝘢𝘥𝘷𝘢𝘯𝘵𝘢𝘨𝘦𝘴 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘴𝘱𝘦𝘤𝘪𝘧𝘪𝘤 𝘮𝘢𝘳𝘬𝘦𝘵 𝘴𝘦𝘨𝘮𝘦𝘯𝘵? Want a his-res version and the full list? Follow my substack → Industrial Section Insights Join for free here: https://bit.ly/ISInsights ————————————————————————————— I help forward-leading industrial companies reinvent for success by formulating a balanced portfolio #Strategy to drive #Innovation & #Growth ————————————————————————————— References/Sources in the comments Note 1: The map is not exhaustive Note 2: ML/AI Deep Dive to follow

+150 companies make up this industrial automation market map (hit the save button ↑) This market globally is projected to expand from $165 billion in 2023 to $308 billion by 2030, reflecting a CAGR of 9.3%. The ecosystem is fundamentally reshaping how we think about industrial operations. There are some challenges to overcome: ↘︎ 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 70% of businesses cite high initial investment costs and a struggle with technology integration complexities ↘︎ 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝗜𝘀𝘀𝘂𝗲𝘀 50% report insufficient technical skills and a resistance to change from the existing workforce. ↘︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗛𝘂𝗿𝗱𝗹𝗲𝘀 Maintenance and reliability, scalability and adaptation to changing market demands But the benefits are clear: ↗︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 Productivity increases of 20-40% Reduction in production costs with optimised resources 24/7 operational capability with consistent output quality ↗︎ 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 & 𝗦𝗮𝗳𝗲𝘁𝘆 Over 50% reduction in quality deviations Significant decrease in workplace accidents Standardised output with minimal variations ↗︎ 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 Faster time-to-market for new products Enhanced supply chain visibility and control Improved sustainability through reduced waste & energy 𝘈𝘴 𝘢 𝘭𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘵𝘦𝘢𝘮, 𝘩𝘰𝘸 𝘢𝘳𝘦 𝘺𝘰𝘶 𝘭𝘦𝘷𝘦𝘳𝘢𝘨𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 𝘥𝘪𝘷𝘦𝘳𝘴𝘦 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮 𝘵𝘰 𝘤𝘳𝘦𝘢𝘵𝘦 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦 𝘢𝘥𝘷𝘢𝘯𝘵𝘢𝘨𝘦𝘴 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘴𝘱𝘦𝘤𝘪𝘧𝘪𝘤 𝘮𝘢𝘳𝘬𝘦𝘵 𝘴𝘦𝘨𝘮𝘦𝘯𝘵? Want a his-res version and the full list? Follow my substack → Industrial Section Insights Join for free here: https://bit.ly/ISInsights ————————————————————————————— I help forward-leading industrial companies reinvent for success by formulating a balanced portfolio #Strategy to drive #Innovation & #Growth ————————————————————————————— References/Sources in the comments Note 1: The map is not exhaustive Note 2: ML/AI Deep Dive to follow

+150 companies make up this industrial automation market map (hit the save button ↑) This market globally is projected to expand from $165 billion in 2023 to $308 billion by 2030, reflecting a CAGR of 9.3%. The ecosystem is fundamentally reshaping how we think about industrial operations. There are some challenges to overcome: ↘︎ 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 70% of businesses cite high initial investment costs and a struggle with technology integration complexities ↘︎ 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝗜𝘀𝘀𝘂𝗲𝘀 50% report insufficient technical skills and a resistance to change from the existing workforce. ↘︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗛𝘂𝗿𝗱𝗹𝗲𝘀 Maintenance and reliability, scalability and adaptation to changing market demands But the benefits are clear: ↗︎ 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 Productivity increases of 20-40% Reduction in production costs with optimised resources 24/7 operational capability with consistent output quality ↗︎ 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 & 𝗦𝗮𝗳𝗲𝘁𝘆 Over 50% reduction in quality deviations Significant decrease in workplace accidents Standardised output with minimal variations ↗︎ 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 Faster time-to-market for new products Enhanced supply chain visibility and control Improved sustainability through reduced waste & energy 𝘈𝘴 𝘢 𝘭𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘵𝘦𝘢𝘮, 𝘩𝘰𝘸 𝘢𝘳𝘦 𝘺𝘰𝘶 𝘭𝘦𝘷𝘦𝘳𝘢𝘨𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 𝘥𝘪𝘷𝘦𝘳𝘴𝘦 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮 𝘵𝘰 𝘤𝘳𝘦𝘢𝘵𝘦 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦 𝘢𝘥𝘷𝘢𝘯𝘵𝘢𝘨𝘦𝘴 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘴𝘱𝘦𝘤𝘪𝘧𝘪𝘤 𝘮𝘢𝘳𝘬𝘦𝘵 𝘴𝘦𝘨𝘮𝘦𝘯𝘵? Want a his-res version and the full list? Follow my substack → Industrial Section Insights Join for free here: https://bit.ly/ISInsights ————————————————————————————— I help forward-leading industrial companies reinvent for success by formulating a balanced portfolio #Strategy to drive #Innovation & #Growth ————————————————————————————— References/Sources in the comments Note 1: The map is not exhaustive Note 2: ML/AI Deep Dive to follow