CEOInsightasia Team, 0
The equipment and systems in industrial electronics can vary from basic sensors and switches to intricate control systems and robots. They are generally engineered to endure tough environmental conditions, such as high temperatures, humidity, and vibrations. Moreover, they are built to be dependable and long-lasting, as interruptions in industrial processes can result in significant costs and potential hazards.
Asia Pacific Industrial Electronics Market Segmentation Analysis
Asia is at the forefront of the global industrial electronics sector, propelled by China, as well as Southeast Asian countries such as Malaysia and India, which emphasize automation, IoT, power electronics, and cutting-edge manufacturing by utilizing robust supply chains, cost benefits, and extensive research and development. The rapid pace of change is necessitating adaptable production systems in industrial electronics. Advancements in technology and the growing trend of digitalization in manufacturing require a new generation of smaller, quicker, and more efficient electronic components.
Modern IoT-enabled factories operate interconnected processes that leverage artificial intelligence (AI) and machine learning (ML) to enhance various aspects from production to logistics. Industrial electronics equip companies with the necessary hardware to facilitate this digital transformation.
This trend is leading to a heightened demand for electronic components, projected to increase at a rate of approximately 5.60 percent annually until at least 2030. Consequently, component manufacturers face the challenge of developing flexible, scalable production lines that can swiftly adjust to this ongoing change while maximizing profitability.
Latest Trends and Advancements in Industrial Electronics
The domain of industrial electronics is continually advancing, with fresh technologies and innovations surfacing each year. Among the most recent trends and developments in industrial electronics are:
Artificial Intelligence (AI): In industrial electronics, AI is utilized to enhance the efficiency and reliability of various processes. By examining substantial data sets from industrial systems, AI algorithms can uncover patterns and trends that might go unnoticed by humans. This can aid in optimizing procedures, minimizing downtime, and boosting overall performance.
Internet of Things (IoT): The IoT refers to the integration of electronic devices and sensors with the internet, enabling them to communicate amongst themselves as well as with other systems. This integration can foster process optimization, decrease downtime, and elevate overall performance. An illustration of IoT application in industrial electronics is smart manufacturing.
Big Data Analytics: Another developing trend in industrial electronics is big data analytics, which contributes to enhancing industrial operations. By scrutinizing extensive data from sensors and other electronic systems, businesses can detect patterns and trends that facilitate process optimization, downtime reduction, and performance enhancement. A case in point of big data analytics in industrial electronics is energy management.
Japan
Recognized for its precision control systems, factory automation, substantial electrical equipment and foundational technology for industrial electronics Japan has a long-standing reputation as one of the leading markets in industrial electronics, boasting extensive knowledge in automation, components, and factory systems.
Hitachi, Ltd.
Hitachi, Ltd. is a large Japanese multinational company established in 1910, recognized for its advancements in digital technology, IT, operational technology (OT), and infrastructure solutions, covering fields such as energy (Hitachi Energy), transportation(rail), digital systems, and healthcare, with an emphasis on intelligent, sustainable systems through its Lumada data platform.
Yokogawa Electric Corporation
Yokogawa Electric Corporation is specialist in industrial automation, test & measurement systems.
Mitsubishi Electric
The corporate mission of the Mitsubishi Electric Group is to consistently advance its technologies and services by integrating creativity into every facet of its operations. Through this approach, we improve the quality of life within our community. Mitsubishi Electric has positioned itself as a frontrunner in the production and distribution of electrical and electronic equipment utilized in Energy and Electric Systems, Industrial Automation, Information and Communication Systems, Electronic Devices, and Home Appliances.
Sumitomo Electric Industries
Sumitomo Electric Industries, Ltd. (SEI) is a prominent manufacturer in Japan, established in 1897 in Osaka, focusing on electric cables, optical fibers, and innovative materials, with worldwide operations in Energy & Environment, Infocommuni -cations, Automotive, Electronics, and Industrial Materials.
China
China dominates volume production and has many giants in industrial electronics manufacturing and components. China is the largest manufacturing ecosystem — from chips to boards to finished industrial electronics — supported by strong supply chains and government policy.
BOE Technology is one of the world’s leading display panel makers used in industrial systems and consumer electronics.
Shenzhen Kaifa Technology – Electronics manufacturing services (EMS).
Universal Scientific Industrial (USI) is a Shenzhen based EMS provider.
Taiwan
Taiwan excels in electronics manufacturing services (EMS) and contract manufacturing for global brands. Critical hub for assembling industrial electronics, servers, telecom hardware, and automation devices consumed globally.
Hon Hai Precision Industry (Foxconn) is world’s largest contract electronics manufacturer. Evertiq Pegatron Corporation – Major EMS provider. Wistron Corporation – EMS and manufacturing systems.
India
India’s sector is growing fast with local manu -facturers plus major global firms establishing plants.
Dixon Technologies – Large Indian electronics manufacturer expanding industrial capacity.
Tata Electronics – Part of India’s growing hardware ecosystem.
ABB India, Siemens India, Rockwell Automation (operations in India) – these are global industrial electronics/automation firms with strong local presence.
Recognized for its precision control systems, factory automation, substantial electrical equipment and foundational technology for industrial electronics Japan has a long-standing reputation as one of the leading markets in industrial electronics, boasting extensive knowledge in automation, components, and factory systems.
Hitachi, Ltd.
Hitachi, Ltd. is a large Japanese multinational company established in 1910, recognized for its advancements in digital technology, IT, operational technology (OT), and infrastructure solutions, covering fields such as energy (Hitachi Energy), transportation(rail), digital systems, and healthcare, with an emphasis on intelligent, sustainable systems through its Lumada data platform.
Yokogawa Electric Corporation
Yokogawa Electric Corporation is specialist in industrial automation, test & measurement systems.
Mitsubishi Electric
The corporate mission of the Mitsubishi Electric Group is to consistently advance its technologies and services by integrating creativity into every facet of its operations. Through this approach, we improve the quality of life within our community. Mitsubishi Electric has positioned itself as a frontrunner in the production and distribution of electrical and electronic equipment utilized in Energy and Electric Systems, Industrial Automation, Information and Communication Systems, Electronic Devices, and Home Appliances.
Sumitomo Electric Industries
Sumitomo Electric Industries, Ltd. (SEI) is a prominent manufacturer in Japan, established in 1897 in Osaka, focusing on electric cables, optical fibers, and innovative materials, with worldwide operations in Energy & Environment, Infocommuni -cations, Automotive, Electronics, and Industrial Materials.
China
China dominates volume production and has many giants in industrial electronics manufacturing and components. China is the largest manufacturing ecosystem — from chips to boards to finished industrial electronics — supported by strong supply chains and government policy.
BOE Technology is one of the world’s leading display panel makers used in industrial systems and consumer electronics.
Shenzhen Kaifa Technology – Electronics manufacturing services (EMS).
Universal Scientific Industrial (USI) is a Shenzhen based EMS provider.
Taiwan
Taiwan excels in electronics manufacturing services (EMS) and contract manufacturing for global brands. Critical hub for assembling industrial electronics, servers, telecom hardware, and automation devices consumed globally.
Hon Hai Precision Industry (Foxconn) is world’s largest contract electronics manufacturer. Evertiq Pegatron Corporation – Major EMS provider. Wistron Corporation – EMS and manufacturing systems.
India
India’s sector is growing fast with local manu -facturers plus major global firms establishing plants.
Dixon Technologies – Large Indian electronics manufacturer expanding industrial capacity.
Tata Electronics – Part of India’s growing hardware ecosystem.
ABB India, Siemens India, Rockwell Automation (operations in India) – these are global industrial electronics/automation firms with strong local presence.