Representative End User Clients
Representative Automation Clients
Representative Software Clients
In this Special Economic Report, ARC Advisory Group includes the most recent quarterly results for major automation suppliers that publicly report their results. With this latest automation supply side-market update, ARC has increased the number and breadth of automation suppliers covered, based on a combination of publicly reported data and ARC’s own extensive research database. We have also added selected business intelligence visualizations.
Overview
The automation business of the companies tracked by ARC showed marginal growth in Q2 2024 compared to Q2 2023.
While some companies in the overall group experienced a decline, several companies in ARC’s index showed growth, with some reporting double-digit increases.
Customer demand in the automotive sector remains low, with car makers focusing on short-term earnings due to a decrease in consumer interest in electric vehicles.
The semiconductor industry is currently facing slow growth, as manufacturers contend with challenges such as excess memory capacity and a limited workforce.
Although the global automation market is encountering challenges, the core principles underpinning both process automation and factory automation continue to be robust.
Technological advancements in automation, including artificial intelligence, machine learning, robotics, and the Internet of Things (IoT), are expected to drive innovation and increase automation across various sectors.
The advancement of manufacturing is becoming progressively digital, with the incorporation of artificial intelligence playing a crucial role in improving productivity.
The growing emphasis on Industry 4.0 initiatives is leading to increased investment in smart manufacturing and the remote monitoring of plant operations.
Table of Contents
- Annual Introduction and Overview
- Q2 Introduction and Overview
- Overview of Leading Suppliers
- Suppliers Analyzed in Report
- Executive Summary
- Market Trends
- Mergers and Acquisitions Relevant to Report
ARC Advisory Group clients can view the complete report at the ARC Client Portal.
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