Top Automation Companies to Watch Out in 2021 And Why

Industrial automation or plant automation involves the process of using computers, information technology, robotics, and data-driven, intelligent control systems to automate manufacturing facilities.

The implementation of industrial automation enables businesses to standardize manufacturing operations, reduce production costs, optimize their efficiency, and use of resources. Also referred to as Smart Manufacturing, Industrial Automation minimizes human interferences, thereby ensuring consistent, error-free results in comparison to human beings.

The worldwide adoption of industrial automation is witnessing steady growth because of the advent of Industry 4.0, IIoT (Industrial Internet of Things), 5G technology, smart devices, and the increasing need for high-volume mass production across various industries.

While MarketsandMarkets predicts the industrial automation market to reach $229.3 billion in 2025 from $151.8 billion in 2020 at a CAGR of 8.6 percent, a study by Allied Market Research forecasts that the automation market will grow from USD 190.8822 billion in 2017 to USD 368.3724 billion by 2025, at a CAGR of 8.8 percent.

At the core of global industrial automation are some of the most innovative companies in the world that are delivering software, hardware, and solutions to usher in this new age of smart manufacturing. Here is the list of top automation companies to work for in 2021:

  • ABB
  • Yokogawa Electric
  • Siemens
  • Honeywell
  • Mitsubishi Electric

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ABB

The Swiss-Swedish multinational company, ABB, headquartered in Västerås, Sweden, and Zürich, Switzerland, is focused on providing a wide variety of automation solutions to diverse industries across the globe.

One of the top automation companies in the world, ABB, is well-positioned to deliver end-users tailored automation solutions via its 144,400 employees in different geographical zones.

Innovations in the Field of Industrial Automation:

  • ABB Ability™ Manufacturing Operations Management - Offers end-to-end orchestration, control, and visibility of the entire manufacturing process.
  • ABB Ability™ Smart Sensor - Transforms traditional bearings, motors, and pumps into smart connected devices.
  • YuMi - A human-friendly, two-armed innovative robot with advanced functionalities, designed to add tremendous automation capabilities to production facilities. With built-in security features, ABB's YuMi expedites collaboration, enabling robots and humans to work together.

Since its launch in 1988, ABB successfully held a significant share of the global industrial automation market because of its cutting-edge R&D and breakthrough innovations. As of March 31, 2019, the company reported a net profit of $1.439 billion.

Yokogawa Electric

Japanese multinational, Yokogawa Electric Corporation, is a software and electrical engineering company operating in key segments, including information technologies, industrial automation, test, control, and measurement.

Yokogawa Electric Corporation offers smart control systems, such as PLC (Programmable Logic Controller), DCS (Distributed Control System), and SCADA (Supervisory Control and Data Acquisition), which facilitate hassle-free automation.

Innovations in the Field of Industrial Automation:

  • Synaptic Business Automation - Allows organizations to automate industrial processes and factory management using state-of-the-art information technology, improving efficiency, and optimizing profitability.
  • OpreX - Includes a comprehensive portfolio of automation solutions, services, and control products that enable customers to transform and digitalize their businesses in this fast-changing world.
  • CENTUM VP - A factory automation security architecture incorporating field control stations, a control network, and human-machine interfaces.

Yokogawa Electric Corporation was founded in 1915. Since then, it has strived to deliver high-caliber automation products and solutions to its customers, which helped the company strengthen its position as one of the top automation companies. Today, Yokogawa has three affiliated companies and eighty-four subsidiaries operating in fifty-five countries.

Siemens

Founded on October 01, 1847, in Berlin, Germany, multinational conglomerate Siemens is the biggest industrial manufacturing organization in Europe with offices in over 100 countries. A technological pioneer, Siemens, specializes in electrification, digitalization, and automation, besides having a strong presence in other industrial domains, including infrastructure, healthcare, energy, and manufacturing.

Siemens - an undisputed leader in industrial automation - links its in-depth automation knowledge to emerging technologies, such as AI (Artificial Intelligence), ML (Machine Learning), and IIoT (Industrial Internet of Things), which facilitate cloud-based systems, autonomous automation, and smart behavior of manufacturing infrastructures.

Innovations in the Field of Industrial Automation:

  • SIMATIC PCS 7 V 9.0 - With PROFINET-based hardware, version 9 of SIMATIC PCS 7 sets the stage for digital transformation, offering increased agility in manufacturing process automation.
  • SIMATIC PCS neo - A fully web-based software, SIMATIC PCS neo provides device-independent, direct, and secure system access with high data consistency and intuitive usability, opening up endless possibilities for automation in this era of digitalization.

One of the top automation companies to work for in 2021, Siemens, as of 2019, had 385,000 employees, registered a net income of €5.648 billion, and garnered revenues worth €86.849 billion.

Honeywell

Headquartered in Charlotte, North Carolina, Honeywell International Inc. manufactures avionics, aircraft engines, auxiliary power units, and critical aviation products under its flagship company, Honeywell Aerospace. The American multinational corporation, a Fortune 100 company, also operates in other key sectors, including Home and Building Technologies (HBT), Performance Materials and Technologies (PMT), as well as Safety and Productivity Solutions (SPS).

On October 24, 2019, Honeywell, a leading warehouse automation company with over 25 years of experience, announced the launch of Honeywell Robotics to provide companies with automated distribution solutions that deliver increased throughput, speed, and accuracy in large material handling facilities.

Certified by the Robotic Industries Association, Honeywell Robotics is one of the top automation companies to watch out for, in 2021. As Computer Vision, Artificial Intelligence, and Machine Learning become mainstream, Honeywell Robotics will increasingly create breakthrough, innovative technologies to transform traditional distribution centers and warehouses into smart infrastructures.

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Mitsubishi Electric

Mitsubishi Electric, a core company of the Japanese multinational Mitsubishi Group, is a global leader in electrical and electronics manufacturing. The company, headquartered in Tokyo,

Japan has a rich portfolio of innovative products, including smart automation solutions, which substantially contribute to the growth of the international automation market.

Among the top automation companies in the world, Mitsubishi Electric develops industrial robots with intelligent capabilities, incorporating force sensing and three-dimensional (3D) vision. The robots, which can operate in collaborative environments, deliver best-in-class accuracy and speed in both challenging and simple applications.

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Innovations in the Field of Industrial Automation:

  • Vertical-Type Robots - Mitsubishi Electric's RV-F, RV-CR, and RV-FR series of vertical-type robots integrate six-axis-arms to ensure increased flexibility.
  • Horizontal-Type Robots - The RH-F and RH-FRH series of horizontal-type robots include 4-axis Selective Compliance Assembly Robot Arm (SCARA) units to facilitate high-speed handling.
  • Ceiling Mounted Horizontal-Type Robots - Mitsubishi's RH-FHR and RH-FRHR series of ceiling-mounted horizontal-type robots incorporate inverted four-axis Selective Compliance Assembly Robot Arm (SCARA) units to accelerate handling operations without blocking the floor space.
  • Compact SCARA Robots - The RH-CH series of low-cost, compact four-axis SCARA robots are designed for basic industrial applications.
  • Micro Working Robots - Mitsubishi Electric's RP series of high-speed, compact micro-working robots, integrating a dual-arm structure, can perform a variety of micro-assembly applications with a high precision level.

Reporting a net profit of 42.7 billion yen in FY 2019, Mitsubishi Electric Corporation is undoubtedly one of the top automation companies to work for in 2021.

Thanks to continuous advancements in sensor technology and the developments of advanced Programmable Logic Controllers, industrial automation keeps gaining traction, driving manufacturing processes and warehouse operations to the next level.

The world's top automation companies, to augment their capabilities and to deliver cutting-edge automation solutions, are recruiting skilled professionals certified by industry-recognized institutions such as Simplilearn.

Choose from Simplilearn's wide range of automation-oriented courses, such as the Robotics Process Automation (RPA) - Digital Transformation Course, the Automation Test Engineer Masters Program, or the Automation Anywhere Certification Training Course, to advance your career in the fast-expanding field of industrial automation.

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Simplilearn is one of the world’s leading providers of online training for Digital Marketing, Cloud Computing, Project Management, Data Science, IT, Software Development, and many other emerging technologies.

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