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Dublin, Jan. 11, 2024 (GLOBE NEWSWIRE) — The “Italian Industrial Automation Market: Analysis By Control System, By Component, By Distribution Channel, By Application Size and Trends with Impact of COVID-19 and Forecast up to 2028” report has been added to ResearchAndMarkets.com’s offering.
The Italian commercial automation market is poised to revel in transformative expansion, with the most recent industry research predicting an increase from $7. 37 billion in 2022 to $13. 46 billion through 2028.
This expansion trajectory, which is expected to register a CAGR of around 11% between 2023 and 2028, is supported by the accelerated adoption of robotics, Industry 4. 0 advancements, and the post-pandemic drive towards operational resilience and innovation.
Forecasts recommend segments such as distributed systems (DCS) and trading robots to dominate the market. Lately, sensors are leading among all components, signifying their central role in smart manufacturing, while commercial robots are emerging as the fastest-growing segment due to their power in automating tasks. The strong expansion in these specialized sectors reflects Italy’s commitment to consolidating its position as a high-tech business leader.
When it comes to distribution channels, original appliance brands (OEMs) are the number one distribution channel for business automation solutions, while system specialists are expected to witness the fastest growth. This trend highlights the trend toward complicated, custom-designed commercial facilities.
In terms of application, the mechanics sector is gaining momentum, with other industries such as packaging and food processing also experiencing significant automation uptake. The integration of robotics and computerized numerical control (CNC) systems is revolutionizing previously labor-intensive sectors, enhancing both precision and productivity.
Market Dynamics:
Several points facilitate the expansion of the Italian commercial automation market. The increase in the number of commercial robot installations, the increase in the prices of hard work, and the adoption of Industry 4. 0 technologies contribute to this, among others. In addition, government incentives further catalyze the integration of complex automation systems into industries.
However, demanding situations such as upfront investments and a workforce requiring training persist, which may simply hinder market expansion.
Emerging Trends:
Emerging trends are driving the market, with the integration of AI into robotics, the advent of blockchain, and the proliferation of the Industrial Internet of Things (IIoT) taking a middle spot. The implementation of collaborative robotics, dual virtual technologies, and the evolution of human-machine interfaces (HMIs) are signs of an evolving industry.
The competitive landscape of the Italian commercial automation market includes key players that are overcoming the barriers to innovation. Its strategic partnerships and comprehensive product offerings continue to set the bar for a renaissance of business automation, shaping Italy’s business future.
The recent publication offers an in-depth exploration of the Italian industrial automation market, providing stakeholders, investors, and industry leaders with insightful analysis and actionable intelligence to navigate the landscape and capitalize on emerging opportunities.
Key Topics Covered: 1. Executive Summary2. Introduction2. 1 Industrial Automation – Overview 2. 2 Industrial Automation Segmentation – Overview3. Italian market analysis3. 1 Italian industrial automation market: an analysis3. 2 Italian industrial automation market: control systems analysis3. 3 Italian industrial automation market: component analysis3. 4 Italian industrial automation market commercial automation: research distribution channels3. 5 Italian business automation market: application research4. Impact of COVID-194. 1 Impact of COVID-19 on the Italian business automation market 4. 2 The post-COVID-19 effect on the Italian business automation market5. Market Dynamics5. 1 Growth Drivers5. 1. 1 Growing Installation of Industrial Robots5. 1. 2 Rising Labor Cost Index5. 1. 3 Gross Domestic Product Growth5. 1. 4 Growing Industry Adoption4. 05. 1. 5 Advent of 5G Subscription5. 1. 6 Favorable Government Incentives5 . 1. 7 Growing demand for power and productivity5. 2 Challenges5. 2. 1 High initial capital investment5. 2. 2 Lack of professional workforce5. 2. 3 Data security concerns5. 3 Market trends5. 3. 1 Growing impact of AI-based industrial robotics5 . 3. 2 Increasing use of Blockchain for supply chain management5. 3. 3 Industrial Growth of the Internet of Things 5. 3. 4 Robotics and collaborative automation 5. 3. 5 Integration of virtual dual technology 5. 3. 6 Integration of Edge and Cloud Computing 5. 3. 7 Growing concentration on cybersecurity 5. 3. 8 Evolution of the human-machine interface 5. 3. 9 Growing demand for sustainable and vacuum energy solutions6. Competitive landscape
Companies Mentioned
ABB Group
Mitsubishi Electric Company
Omron Corporation
Rockwell Automation, Inc.
Schneider Electric SE
Siemens AG
Honeywell International Inc.
General Energy Company
Stellantis NV (Comau SpA)
Robert Bosch GmbH (Bosch Rexroth AG)
Yokogawa Electric Company
Festus
For more information on this report, https://www. researchandmarkets. com/r/bph5az
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