According to reports, the industrial automation market will reach USD 197.8 billion by 2026. Thus, you can expect its demand from the leading automation companies. Because of recent technologies like IIoT (Industrial Internet of Things), 5G technology, and smart devices, global adoption of automation is steadily growing.
In this blog, we’ll look at the top 10 automation companies and the reason of why they stand at the top. These companies heavily focus on innovation, research, and development to develop new solutions and technologies. Let’s understand a bit about these companies, the automotive services they offer, and a lot more in-depth details.
What is Automation?
Automation is the process of using technology to perform tasks to reduce human effort. It uses technology to automate repetitive tasks and get control over the delivery of products and services. Automation is used by industries like robotics, automotive, and IT systems as well. The benefits of automation are many such as its ability to enhance productivity, accuracy, and cost-effectiveness. In manufacturing and production, for example, automation facilitates faster and more reliable processes, reducing errors and optimizing overall performance. There are various types of automation, including industrial, business process, and home automation, each used for different purposes. The integration of artificial intelligence, machine learning, and the Internet of Things represents the future trends in automation, promising even more sophisticated and intelligent systems
There are four types of automation:
- Fixed automation
- Flexible automation
- Integrated automation
- Programmable automation
Top Automation Companies in 2024 and Why
1. ABB
ABB is one of the top automation companies to work for, focusing on providing various automation solutions. It is a Swedish multinational company, headquartered in Sweden, Zurich, Vasteras, and Switzerland and operates in more than 100 countries. It is a leading company in power, robotics, heavy electrical equipment, and automation technology. They offer automation technologies for factories, robots for various applications, and motors that power machines and processes.
Products/Services they Offer:
- Power Grid
- Robotics and Drives
- Engineering and Consulting
- Training and Education
2. Schneider Electric SE
Schneider Electric SE is an MNC headquartered in Rueil-Malmaison, France. It is a global leader in automation solutions and energy management. It is known for its commitment to sustainability, offering solutions that are reliable, efficient, and sustainable. Schneider Electric SE helps data centers run efficiently with reliable power and cooling systems. They also make smart grids and other infrastructure solutions for efficient energy distribution.
Products/Services they Offer:
- Power distribution
- Automation and Control
- Energy Audits
3. Siemens
Siemens, a very popular automation company, focuses on automation, digitalization, and electrification, across companies. It is headquartered in Munich, Germany, working for various products, solutions, and services. Siemens also develops advanced medical equipment and technology to improve patient care and medical services. Moreover, it provides technology for automation and digitalization in factories and other industrial settings, making them more efficient.
Products/Services they Offer:
- Energy management
- Mobility
- Healthcare
- Power generation and distribution
4. Walmart Advanced Systems & Robotics
Walmart Advanced Systems & Robotics has its headquarters in Boston, USA. It is an integral part of the global Walmart organization. This company expert in developing cutting-edge solutions for Walmart. This company focuses on automation, robotics, and AI to work on supply chain and store operations.
Products/Services they Offer:
- Autonomous Vehicles
- AI-powered assistants
- Supply Chain Optimization
Check Out: Top 50 Automation Testing Interview Questions 2024
5. Gynger
Gynger is the first AI-powered payment that has embedded financing which is built purposely for buyers and sellers of technology. This platform helps buyers to pay, finance, and manage all technological expenses and sellers to extend flexible payment options. Gynger is especially helpful for businesses that need software but might not have the budget currently. It’s a win-win situation for both software buyers and sellers.
Products/Services they Offer:
- AI-powered payments
- Embedded financing
- Extend runway
- Invest in growth
6. Emerson Electric Co.
Emerson Electric Co., headquartered in Ferguson, Missouri, USA, is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. This automation company combines advanced technologies with industry-leading expertise which helps them to create sustainable solutions to their customers.
Products/Services they Offer:
- Automation Solutions
- Commercial & Residential Solutions
- Analytical Instruments
7. VidMob
VidMob is the world’s leading company for intelligent creativity (It provides solutions for all of a brand’s creative needs). It is an analytical platform that uses data to understand its customers and hence increases marketing performance. It gathers information about your customers to understand what type of content they like. By using this knowledge, VidMob helps you design ads that grab attention and get results, ultimately improving the performance of your marketing campaigns.
Products/Services they Offer:
- Creative Automation
- Media waste reduction
- Creative quality measurement
Check Out: 15 Best Automation Testing Tools [2024]
8. SmartBear
SmartBear is an American company that delivers tools for automated software testing, performance testing, API testing, and code review. Tools like TestComplete for automated testing, SoapUI for API testing, and Swagger for API documentation. They also have tools to help developers review each other’s code and improve quality. By using SmartBear’s tools, developers can be more confident their apps are reliable and work well for users.
Products/Services they Offer:
- CucumberStudio
- ReadyAPI
- BitBar and LoadNinja
9. ServiceNow
ServiceNow, based in Santa Clara, California, develops a cloud computing platform that helps companies manage digital workflows for enterprise operations. Their products and solutions help digitize and unify organizations to deliver workflow in smarter, faster, and better ways. ServiceNow provides service to a large customer base, including Fortune 500 companies and government agencies. The platform has different parts that focus on specific things like HR (human resources), security, and business operations (how the company works).
Products/Services they Offer:
- Asset Management
- Application Portfolio Management
- Field Service Management
10. Honeywell International Inc.
Honeywell International, headquartered in Charlotte, North Carolina, USA, is also one of the automation companies, producing a variety of engineering services, and commercial and consumer products. This company’s focuses on innovation and advanced technology solutions across many industries.
Products/Services they Offer:
- Aircraft engines
- Systems to building automation
- Home thermostats
- Industrial control systems
Also, look at our Complete Guide to Software Testing and Automation: Master Java, Selenium and Cucumber which covers the basic to advanced level concepts of software testing and makes you all ready for an interview at top companies.
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Conclusion
These companies mentioned above are the top Automation Companies in 2024 due to the advancement they bring in automation. These companies use advanced technologies and make automation easier. Now that you know the top companies in automation, you can apply to them as per your interest and skills you have.
FAQs
What are the trends in automation in 2024?
In 2024, there are four major trends, robotic process automation (RPA) is shifting towards, i.e., AI, changes in the larger automation landscape, new data management methods, and shifts in the market landscape.
Which company is a leader in automation?
ABB is the leading company in automation, popular for manufacturing robotics, providing innovative digitally connected and enabled industrial equipment and systems.
What is the next big thing in automation?
The next big advancement in automation is hyperautomation, which includes automation of any business process using a combination of RPA and other advanced technologies (ML & AI).