Top 10 Industrial Control And Factory Automation Companies In 2024 Making A Difference

Integration of industrial control and factory automation systems has become critical to improving productivity and operational efficiency in today's fast-paced environment. By utilizing automation, enterprises can save labor expenses, limit human errors, and increase operational uniformity. They can also respond to varying consumer demands quickly due to this transformation.

Emergence of Edge Computing to Open the Door to Opportunities

The requirement for real-time processing and evaluation of information at the source has increased dramatically as facilities become advanced and connected. Instead of transferring all of the data produced by gadgets to a unified cloud for analysis, edge computing enables local processing of the data. This method helps improve bandwidth efficiency and data security in addition to lowering latency.

Solutions for edge computing that work with Siemens' industrial automation systems have been actively developed by the company. Its Mindsphere technology provides capabilities for real-time analytics and edge decision-making. It allows manufacturers to gather and analyze data locally. Various factories have successfully adopted this system, which has enhanced machine performance and decreased maintenance expenses.

Top 10 Industrial Control and Factory Automation Companies in 2024

1. Siemens AG

Siemens AG is a Germany-based industrial automation company providing a wide range of unique solutions. From Programmable Logic Controllers (PLCs) to industrial robots, it has developed several innovative industrial solutions. The company also offers efficient and reliable product lines. Its product range enables energy efficiency, productivity, and time-saving, making it popular among consumers.

2. ABB Ltd.

ABB, headquartered in Switzerland, stands among the top 10 industrial control and factory automation companies due to its unique solutions in the automation and robotics industry. It offers PLCs, robotic solutions, automated systems, and DCS. The company also contributes to the research and development of sustainable and smart automation solutions. ABB mainly focuses on understanding the unique needs of various industries and offering innovative solutions while maintaining the market standards.

3. Rockwell Automation Inc.

Rockwell Automation Inc. is a U.S.-based company that is well-known due to its industrial automation, control software, and hardware offerings. Its product line entails PLCs, human-machine interface software, and industrial computers. Its Allen-Bradley lineup includes smart devices that use advanced industrial automation technology and enable real-time monitoring, predictive maintenance, and adaptive control.

4. Yokogawa Electric Corporation

Yokogawa, a Japan-based company, specializes in control systems, test and measurement, and industrial automation. It develops and supplies a variety of products, such as DCS, PLCs, advanced process control systems, and industrial instrumentation. The company focuses on meeting the unique requirements of various industries.

5. Schneider Electric SE

France-based Schneider Electric SE rules the field of energy management systems and automation. The company offers a wide range of industrial automation products, such as PLCs, IoT solutions, Variable Frequency Drives (VFDs), and industrial software. Schneider Electric focuses on providing energy-efficient and sustainable solutions for eco-friendly manufacturing.

6. Honeywell International Inc.

U.S.-based Honeywell International is well known for its high-quality and innovative products and services. From consumer goods to industrial automation and control systems, its portfolio covers a wide range of offerings. The company is popular for its expertise in safety-critical process automation solutions for various industries.

7. Mitsubishi Electric Corporation

Japan-based Mitsubishi Electric is another recognized global company that is known for its strong presence in control systems and industrial automation. Its portfolio includes industrial robots, automation systems, industrial software, and PLCs. It plays a key role in producing novel technology-equipped automation technologies. It mainly focuses on inventing comprehensive solutions to promote smart manufacturing.

8. Emerson Electric Co.

Japan-based Emerson Electric focuses on providing climate control systems, process automation, and industrial automation solutions. It also offers automation software, control valves, entire automation systems, and measurement instrumentation. Emerson's extensive expertise in integrating automation solutions allows it to offer more efficient products catering to the varied needs of industries.

9. Omron Corporation

Omron is a renowned industrial automation component and solutions provider. It is based in Japan and is known for its wide product offerings. It provides a variety of relays, sensors, PLCs, timers, and industrial robots. The company is well-known for its focus on creating simple, user-friendly, and easily accessible automation solutions. Its expertise in automation and discrete manufacturing makes it one of the leading players worldwide.

10. Robert Bosch GmbH

Rexroth Bosch, headquartered in Germany, is a well-known key player in the industrial automation sector. It specializes in pneumatics, hydraulics, factory automation, and control systems. The company is highly popular for its product line of motion control technologies. It develops innovative systems that cater to and match the industry standards for productivity and efficiency. The company is committed to maintaining safety, high quality, and innovative solutions.

IIoT to Take Control of Industrial Automation in the Next Few Years

Manufacturing mainly relies on tools and techniques to simplify automation, precision, and specialization. The evolution of Intelligent Industrial Internet of Things (IIoT) has led to a revolt in connected process control. It is flexible, scalable, and can significantly improve efficiency, quality, and consistency.

The evolution of IIoT is playing a significant role in process control. This has led to the development of a new generation of tools and connected process control solutions that no longer require controllers or intermediary hardware. These tools can utilize wired or wireless connectivity directly from devices to the application, reducing costs and increasing flexibility. It further allows manufacturers to access vast amounts of real-time data across the enterprise, providing information.

Connected sensors can now detect the health of a linked device and provide detailed feedback. The ease of connectivity allows manufacturers to integrate individuals, processes, tooling, machines, and other systems in one environment. The integration of IIoT in automation enables error-proofing, quality control, and increased productivity, showing a pivotal role in automation.