320 billion dollars. This is exactly what the global industrial automation market will be worth in 2027, according to the Market Research Report. This means that this value will double in just a few years.
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On our blog, we have devoted a lot of space to the changes taking place in industrial automation. We wrote about it in the context of the ongoing changes and revolution 4.0, which leaves little room for speculation in this matter. Today, the automation of production processes is simply a necessity and a task faced by almost everyone who thinks about the operation of their plants in the long term.
The market is going from strength to strength
No wonder that the value of the entire market is growing practically every year, even taking into account the fact that the last two years were dominated by a global pandemic, which was rather unfavorable to development and growth. At least it might seem so. However, it should be noted that the downtime associated with it and the breaking of subsequent supply chains made it even clearer that process automation is more important than ever, and that changes that were planned in the long term or postponed should be introduced immediately.
There is nothing to cheat, industrial automation and solutions that offer this something that can be found almost at every step. It does not matter if we are talking about smaller production plants or about giants that cover almost the entire world. Due to the pandemic, almost everywhere, the expenditure related to automation processes was reduced, and almost everywhere, the expenditure on it was increased after the economic thaw, when the global situation began to normalize.
The report will tell you the truth
The report shows that the value of the industrial automation market is currently 168.81 billion dollars in global terms. Looking at the topic from a slightly narrower perspective, we will see that the European sector itself is currently worth 54.3 billion, which means that it has managed to grow by nearly 4 billion dollars compared to the previous study. The Asian market, with particular emphasis on China, is the leader in this sector.
How does Poland look against this background, which is not a blank spot on the map of global movements related to industrial automation? On the Vistula, the trend is evidently upward, and although due to the pandemic it was not possible to repeat the result from the previous report, which showed that Polish factories had as much as 40 percent more robots compared to the previous research period, the new results must be respected anyway. The Market Research Report showed that Poland has come close to the top ten countries (worldwide) in terms of the number of new industrial robots installed in our factories.
It will only get better
The survey shows that our market will continue to grow and go up. It is worth noting, however, that this trend could be even faster and more dynamic, were it not for some obstacles, which are not lacking in Poland. So what is the kind of stuck handbrake that keeps our industrial automation sector from going full speed? Several basic aspects should be distinguished here. Firstly, still lean human resources and specialist resources, and secondly - despite global trends - fear of investing in automation. This, in turn, is related to the rate of return, or rather its time. If these barriers can be overcome, the acceleration of development may become even greater.
A growth forecast of 9 percent per year and reaching a value of 320 billion dollars in 2027 appears to be something that should be achieved without much problem. Even after such perturbations as brought about by the global pandemic.
