Automation in the manufacturing process has already established a strong foothold across most industry segments and has excelled in many sectors. For some manufacturing processes, industrial automation is the justification of investing in a piece of equipment to supplement or replace a manual process. According to a recent survey DuckerFrontier conducted of North American industrial automation companies, approximately 75% of participants believe the impact of COVID-19 will prompt manufacturers to increase their investment in automation technology. Respondents cite several reasons for increased investment, including:
According to a recent survey DuckerFrontier conducted of North American industrial automation companies, approximately 75% of participants believe the impact of COVID-19 will prompt manufacturers to increase their investment in automation technology.
However, while there may be slowdown in the investment in automation technology, most companies still view the implementation of manufacturing automation as a method to both increase productivity and to reduce labor costs. Which, up until the recent shutdowns due to COVID-19, a key variable for implementing automation was to offset the increasing cost of labor during a period of low unemployment. In a post-COVID-19 environment, we may still see a delay in investment until unemployment rates are near pre-pandemic levels, regardless of industry sentiment.
Evolution and Trends in Industrial Automation
For many other manufacturing companies, industrial automation has pushed the boundaries into the current era of “big data”. In a post-COVID-19 environment, companies focused on the next era of industrial automation should see a big advantage across the segment. Below are several trends leading the industry that are likely to see successful growth patterns.
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