Automation for Fittings Fluidics + Automation: A Match Made in Heaven?
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While automation companies are enjoying growth, the mood among component manufacturers is more subdued, as fluidic suppliers are facing competitive pressure, energy crisis and supply chain risks. Yet, automation could point the way to the future and make suppliers and plant operators more successful...
Automation makes it possible: the sector that brought about the third and fourth industrial revolutions will - if you ask McKinsey - grow by almost four percent annually to a market volume of over 115 billion US dollars by 2025, driven by the demand for Industry 4.0 solutions such as cloud and IloT concepts. So far, so expected. But which industries are driving this growth with their demand is somewhat surprising: "The majority of the market (76 billion US dollars) will then be accounted for by automation in process industries such as the chemical or oil and gas industry, followed by production environments such as automotive or semiconductor manufacturing with a volume of 32 billion US dollars," explains McKinsey.
Fluidics Trends 2023
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