1. Current status of industrial automation industry:

（1）Market size
The global industrial automation industry market size shows a steady upward trend. In 2022, the global industrial automation industry market size is about 230.8 billion US dollars. The market is mainly concentrated in North America, accounting for 32.61%, followed by Europe, accounting for 29.44%. China‘s industrial automation market is huge and is one of the largest markets in the world.

（2）Technological development
The widespread application of industrial Internet of Things (IIoT) technology has promoted the development of industrial automation. Sensors, cloud computing, big data analysis, artificial intelligence and other technologies are integrated with industrial automation to achieve monitoring and data analysis, thereby improving the real-time decision-making process.

（3）Market competition
Excellent domestic industrial automation companies have been listed one after another, and their competitive strength has been further enhanced. The good market prospects of the industrial automation industry have led to an increasing number of competitors. Domestic and foreign manufacturers have emerged, divided the market, provided almost the same products and services, and adopted various promotional methods to compete to lower product prices, making my country‘s industrial automation production companies face increasing pressure from price competition.

2. Development trend of industrial automation industry:

（1）Intelligence
With the help of technologies such as artificial intelligence and the Internet of Things, an intelligent factory is established to enable the production line to sense, judge and control autonomously, improve the degree of intelligence, reduce labor management costs, and improve production efficiency and quality.

（2）Flexibility
Flexibility refers to the ability of the production line to quickly adapt to changes in market demand. Enterprises need to reduce R&D cycles and production cycles to quickly meet market demand. Through adaptive and intelligent production line reconstruction, the production line can make production adjustments faster, and achieve flexibility and intelligence of the production line on the basis of ensuring product quality and production capacity.

（3）Networking
Networking refers to the use of network, cloud computing and other technologies to connect the entire manufacturing process to form a highly integrated and closely linked system. This trend is to strengthen the integration of industrial automation and informatization, improve the collaboration ability and resource utilization of manufacturing systems, and enhance the core competitiveness of enterprises.

（4）Greening
Greening refers to the promotion of the concepts of low energy consumption, low emissions and sustainable development in the field of industrial automation, reducing resource consumption and reducing environmental impact in the industrial production process. Enterprises need to integrate energy and production dynamic management, and achieve optimal use and energy conservation and emission reduction in the production process through automated control and regulation.

In summary, the industrial automation industry is in a stage of rapid development, with a continuously expanding market scale, significant technological progress, and a trend of intelligentization, flexibility, networking, and greening. These trends will further promote the intelligentization, efficiency, and sustainability of the production process.