Industrial Automation Device Revenue on an exciting curve
Expectations and opportunities are huge with ABI Research forecasting
industrial automation control and field device shipments of 55 million units in
2017 and reach approximately 146 million by 2025. This momentum can translate
to $298 billion in industrial automation device revenue by 2025, with $45
billion attributed alone to robotics.
The firm also reveals that, control and field devices from the likes of
Emerson, Honeywell, and Siemens are used to integrate disparate technologies,
as well as regulate, manage, and accomplish industrial automation.
Robots from companies like ABB, Fanuc Corporation, Kuka Robotics
Corporation, and Yaskawa Electric Corporation make up a small fraction of
yearly industrial automation device shipments but account for a
disproportionally large amount of revenue due to their high costs.
