Top 10 Industrial Automation Trends in 2023

Which technologies are advancing industrial automation? Explore our in-depth industry research on 2 947 industrial automation startups & scaleups working on solutions spanning IIoT, AI, blockchain, robotics & 5G.

Advances in industrial automation increase production efficiency, reduce costs and optimize processes. That is why manufacturers are leveraging industrial automation. Startups further accelerate this by offering off-the-shelf, quickly integrable, and scalable automation solutions. This research provides an overview of the top 10 industrial automation trends in 2023. They range from artificial intelligence (AI) and advanced robotics to blockchain and wearables. Read more to explore how they impact your business.

Innovation Map outlines the Top 10 Industrial Automation Trends & 20 Promising Startups

For this in-depth research on the Top Industrial Automation Trends & Startups, we analyzed a sample of 2 947 global startups & scaleups. The result of this research is data-driven innovation intelligence that improves strategic decision-making by giving you an overview of emerging technologies & startups advancing industrial automation. These insights are derived by working with our Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 3 790 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant startups, emerging technologies & future industry trends quickly & exhaustively.

In the Innovation Map below, you get an overview of the Top 10 Industrial Automation Trends & Innovations that impact 2 947 companies worldwide. Moreover, the Industrial Automation Innovation Map reveals 20 hand-picked startups, all working on emerging technologies that advance their field.

Top 10 Industrial Automation Trends

  1. Artificial Intelligence
  2. Advanced Robotics
  3. Industrial Internet of Things
  4. Edge & Cloud Computing
  5. Immersive Technologies
  6. Additive Manufacturing
  7. Cybersecurity
  8. 5G
  9. Blockchain
  10. Wearables

 

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Tree Map reveals the Impact of the Top 10 Industrial Automation Trends

Based on the Industrial Automation Innovation Map, the Tree Map below illustrates the impact of the Top 10 Industrial Automation Trends in 2023. To prevent anomalies and optimize production, startups develop AI-based solutions. Robotics and additive manufacturing also automate tasks, mitigating human intervention. To improve connectivity between devices and machines, manufacturers leverage industrial internet of things (IIoT), edge & cloud computing, and 5G. Further, immersive technologies and wearables improve worker efficiency by providing additional visualization and improving safety. As the security of industrial automation processes is crucial, cybersecurity and blockchain are preventing cyber attacks.

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Global Startup Heat Map covers 2 947 Industrial Automation Startups & Scaleups

The Global Startup Heat Map below highlights the global distribution of the 2 947 exemplary startups & scaleups that we analyzed for this research. Created through the StartUs Insights Discovery Platform, the Heat Map reveals that the US sees the most startup activity.

Below, you get to meet 20 out of these 2 947 promising startups & scaleups as well as the solutions they develop. These industrial automation startups are hand-picked based on criteria such as founding year, location, funding raised, & more. Depending on your specific needs, your top picks might look entirely different.

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Top 10 Industrial Automation Trends

1. Artificial Intelligence

AI enables machines to learn, adapt, and make decisions on their own. Manufacturers utilize it to identify asset patterns and anomalies for optimizing production and reducing downtime. Implementation of AI in industrial robots and drones improves their precision and assists tasks such as inspection, maintenance, and material handling. This reduces the need for human intervention and lowers the risk of accidents. As a result, AI improves the efficiency of maintenance operations and prolongs equipment life. For developing such solutions, startups utilize machine learning (ML), deep learning, and computer vision.

DAIM Research makes an AI-based Material Handling System

South Korean startup DAIM Research develops an automated material handling system. It uses collaborative intelligence to manage logistics robot fleets. The system maximizes the efficiency of material control systems by distributing delivery orders to logistics robots. Moreover, it continues to operate even with rapid changes in logistics patterns. This allows factories to automate material handling and vehicle management, increasing traffic volume and reducing transport time.

Inovako develops AI-powered Industrial Vision

Spanish startup Inovako maximizes productivity and quality on the shopfloor with a no-code AI-powered industrial vision. It improves inspection quality by measuring the defects on high-gloss surfaces. In addition, the startup’s solution features cycle training to track machines and operators as well as check related cycles.

2. Advanced Robotics

Robots support replaces workers in hazardous environments to minimize accidents and mitigate labor shortages. Collaborative robots or cobots work alongside humans and adapt to their surroundings. This allows them to perform a wide range of tasks such as assembly, packaging, and machine tending. These robots increase production line efficiency and decrease labor costs. Startups also work on other robots like mobile robots that navigate unstructured environments and robotic arms that improve dexterity and precision. Consequently, such end-of-arm tool (EOAT) streamlines welding, picking, placing, and 3D printing workflows. Additionally, self-healing robots reduce the need for maintenance.

Isochronic offers Pick-and-Place Robots

Swiss startup Isochronic provides industrial robotics for pick-and-place applications. It uses a patented industrial robotic system that features simultaneous part-transfer operations. The system supports a long transfer distance while ensuring a high throughput. This optimizes space utilization and automates high-volume industrial processes such as packaging, recycling, filling, sealing, and precision assembly.

Botshare delivers Autonomous Mobile Robots (AMR)

Polish startup Botshare empowers manufacturing with AI-based AMR robotics. The startup’s AMR production technology speeds up robotics production, implementation, and product development. Using this technology, manufacturers are able to automate material handling workflows while accelerating in-house product development.

3. Industrial Internet of Things

For industrial automation, it is crucial that all industrial devices and machines are connected to collect and analyze data in real-time. IIoT enables this and allows industrial businesses to optimize production, reduce downtime, and improve safety. Moreover, it allows production managers to monitor floor environments and conditions. Additionally, IIoT powers solutions that alert workers and operators on potential hazards and track worker location and health, enabling more efficient emergency response. Startups are also working on edge IoT and artificial intelligence of things (AIoT) to move data processing closer to the source. This reduces network congestion and improves the responsiveness of industrial systems. IIoT thus enables real-time asset monitoring to identify potential issues and enable preventive maintenance.

VISUALYS offers an IIoT Platform

German startup VISUALYS develops Rilheva, an IIoT Platform for data collection, storage, and processing. It provides live and historical data, including alarms and charts. The platform is highly customizable and adapts to industry needs. For instance, it features machine-to-machine (M2M) connectivity automation, asset location maps, and advanced file management. Rilheva thus optimizes machine monitoring and provides real-time status of industrial systems and machines.

Akinê provides IIoT Well Controllers

Canadian startup Akinê makes IIoT controllers that monitor and operate artificial lifts. They work with injection wells, facilities, and pipelines as well as artificial lifts with or without variable frequency drive (VFD). Moreover, the controllers include a wellhead camera to provide virtual site inspections (VSIs) augmented by AI to automatically identify leaking wellhead components. This allows oil producers to avoid spills, increase production, and reduce operational costs.

4. Edge & Cloud Computing

Edge computing is driven by the need for real-time data processing and low-latency communication in industrial settings. At the same time, cloud-based solutions reduce IT overhead and simplify remote data access for businesses. Factories thus integrate both edge and cloud computing for industrial automation. For instance, edge computing performs real-time monitoring and machinery control while cloud computing powers data analytics, storage, and access. To aid this, startups offer devices and platforms that integrate into existing machinery to enable edge or cloud computing, mitigating in-house product development.

DeepBrainz Technologies develops an AI Cloud Platform

Indian startup DeepBrainz Technologies creates an AI cloud platform for enterprises to build, deploy, and manage machine learning models at scale. Using it, manufacturers are able to quickly digitize supply chains and empower decision-making in logistics and warehousing operations. Centralized data management also enables them to enable predictive maintenance and a smart factory ecosystem. These features allow manufacturers to mitigate in-house product development and accelerate AI integration.

NearbyComputing offers a Multi-access Edge Computing Platform

Spanish startup NearbyComputing provides NearbyOne, a multi-access edge computing platform. It covers the full lifecycle management of distributed systems, networks, and applications encompassing all layers, from the edge to the cloud. The platform provides versatile multi-access edge computing tools and automates the provision, configuration, and installation of elements in the edge stack. This provides industrial businesses with cross-domain orchestration capabilities that are built for speed, performance, and availability. Consequently, it powers industrial, latency-sensitive, data-intensive, and mission-critical applications.

5. Immersive Technologies

Implementation of virtual reality (VR) and augmented reality (AR) improves employee efficiency and safety. For example, VR simulates real-life scenarios to aid workers in training, allowing them to train in safe and controlled environments. Moreover, immersive technologies support real-time information sharing to improve worker performance and reduce manual errors. Startups are using immersive reality technologies to provide digital twins of factories and assets as well as develop AR software for assisted maintenance of industrial equipment. As a result, immersive technologies support process automation, improve worker safety, increase productivity, and reduce downtime.

AUCTA aids 3D Visualization

German startup AUCTA converts computer-aided design (CAD) files into interactive 3D visualizations. The startup’s technology allows industrial operators to upskill employees, prepare remote product demos, provide interactive “how-to” guides, and intuitively support on-site technicians. This increases knowledge retention, simplifies 3D model creation, saves time, and reduces travel costs required to analyze machine issues.

AUGMENTUS develops a 3D Scanning Platform

Singaporean startup AUGMENTUS offers a platform for rapid 3D scanning, robot path planning, and control. It enables fast programming of robotics motion without code. In combination with 3D scanners, the platform creates a digital twin of the work cell and localizes the robot in a 3D environment. This reduces the cost of designing and programming industrial robots to increase productivity.

 

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6. Additive Manufacturing

The need for complex part geometries, precision, and accuracy slows down production workflows and requires expensive machinery. On the other hand, additive manufacturing automates part production and reduces the lead time for product development and prototyping. 3D printing also enables manufacturers to create customized parts and products. It minimizes material wastage and lowers tooling costs. Startups are thus focusing on novel 3D printing technologies and materials to increase the speed and accuracy of the printing process.

AM-Flow simplifies 3D-part Recognition

Dutch startup AM-Flow provides AM-Vision, a machine that automates 3D-part recognition. It identifies unique 3D-printed parts and enables multiple sorting runs per day and ensures the right path routing. The startup’s solution allows manufacturers to prevent sorting mistakes, save space, and accelerate industrial automation.

Concreative offers Large Scale Concrete 3D Printing

UAE-based startup Concreative develops a 3D concrete printer to enable large-scale product manufacturing. Using concrete 3D printing, the startup offers various shapes and patterns. In addition, it ensures sustainable production processes using environmentally friendly materials. This reduces costs and improves product manufacturing efficiency by automating large-scale manufacturing.

7. Cybersecurity

Industrial digitization is necessary to automate production workflows, which in turn increases the risk of cyber attacks. This leads to downtimes, loss of sensitive data, and economic damage. To protect manufacturing processes, cybersecurity becomes essential for businesses. Such solutions prevent unauthorized access to industrial control systems (ICS). Additionally, cybersecurity solutions prevent data breaches and protect intellectual property (IP), which is costly and damages reputation. Other solutions include AI-based cyber threat detection and end-to-end security solutions for IIoT systems. Startups further create security software solutions for operational technology (OT) devices that integrate into existing systems.

SynSaber enables Industrial Asset & Network Monitoring

US-based startup SynSaber offers a cybersecurity solution for industrial automation systems. By using ML and AI, it analyzes the behavior of industrial control systems to mitigate potential cyber threats in real-time. The solution protects industrial operations, assets, and networks, enabling secure data transmission.

First Watch develops an Industrial Cyber Security Platform

New Zealand-based startup First Watch creates an industrial cyber security platform that prevents attacks on OT networks. It protects human-machine interface (HMI) workstations and programmable logic controllers (PLC) by managing access control. The platform also controls which applications are to be used to prevent unauthorized actions. This increases asset visibility, monitoring, and active protection capabilities.

8. 5G

Due to 5G’s faster data speeds, lower latency, and greater capacity, production floors integrate it to enable real-time communication and data processing. This is crucial for industrial automation as it enables a more reliable M2M connectivity. This improves the efficiency and productivity of production workflows. Additionally, 5G supports remote monitoring and equipment control. Moreover, 5G facilitates the integration of data-intensive technologies, such as IIoT, AR, VR, and AI, for more efficient production systems. Therefore, startups make hardware and software to deploy 5G networks and 5G-powered devices in industrial environments.

Microamp Solutions provides 5G mmWave

Polish startup Microamp Solutions develops 5G mmWave networks. The startup enables mobile data services and new wireless broadband use cases such as remote object manipulation and industrial automation. With the inherently limited range, mmWave suits for building private, stand-alone industrial networks. This also enables ultra-low latency and secures assets from malware and industrial espionage.

CampusGenius offers 5G-Core-as-a-Service (5GaaS)

German startup CampusGenius delivers 5GaaS to create a private and secure wireless network for industrial automation systems, such as robots and IIoT devices. The startup provides high-speed and low-latency wireless networks. They improve operational efficiency and reduce downtime for industrial automation systems.

9. Blockchain

Blockchain enables decentralized communication and secure data sharing between machines, people, and organizations. Moreover, startups offer smart contracts for supply chain management, decentralized equipment control and monitoring, as well as tracking and authenticating products throughout the supply chain. This enhances coordination and cooperation among stakeholders while automating data access and sharing. Blockchain thus creates a transparent, secure, and self-managing production ecosystem.

TrustCerts simplifies Digital Document Verification

German startup TrustCerts offers blockchain-based document verification. The startup’s solution creates a digital record of the document verifiable by employees or other stakeholders. Additionally, it verifies valid access permissions and protects sensitive areas. The startup thus enables industrial businesses to easily verify process quality, minimize errors, and protect evidence.

ANIFAN enables Blockchain-based Smart Factories

South Korean startup ANIFAN automates industrial processes by providing blockchain-based smart factories. The startup’s platform provides collected data access to stakeholders. This enables smart management and abnormalities detection, as well as improves factory visibility. Moreover, the platform enables an integrated data collection network for improved security. This ensures a secure and transparent monitoring and controlling of manufacturing data.

10. Wearables

Industrial wearables deliver real-time production information to workers and collect worker-specific data. Smart glasses and gloves enable them to access information and instructions directly in their field of view (FOV). This facilitates a hands-free workflow, allowing them to complete tasks more quickly and accurately. The data collected from wearables also allow businesses to identify inefficiencies and optimize production processes. Startups are developing a variety of wearable devices for industrial automation. This includes exoskeletons that help workers in handling heavy objects and smart clothing that monitor their vital signs and work conditions.

Elonic provides a Hearable Device

US-based startup Elonic develops Kai, a smart wearable device that allows for hands-free, unobtrusive voice interactions. It uses bone conduction to provide two-way communication and real-time data access for workers in noisy environments. Moreover, the internet of things (IoT) integration allows production plant workers to perform inventory tracking and improve communication.

NIMMSTA makes an Industrial Smart Watch

German startup NIMMSTA offers an industrial smart watch for logistics process assistance. It enables free-hand scanning and features a touch display and interactive workflow guidance. Moreover, the wearable is dust and water-resistant, making it suitable in warehouses, mining, and construction environments. This improves the industrial employees’ information access and allows real-time equipment and process control.

Discover all Industrial Automation Trends, Technologies & Startups

Developments in machine learning, robotics, 5G, edge computing, blockchain, and IIoT will remain to have a major impact on industrial automation. However, the cost of industrial automation is a limiting factor in its adoption. This prompts startups to develop cost-effective and off-the-shelf solutions to automate production workflows. Further, startups investigate novel technologies like quantum and neuromorphic computing, as well as develop self-managing production ecosystems.

The Industrial Automation Trends & Startups outlined in this report only scratch the surface of trends that we identified during our data-driven innovation & startup scouting process. Among others, smart contracts, IIoT, and robotics will transform the sector as we know it today. Identifying new opportunities & emerging technologies to implement into your business goes a long way in gaining a competitive advantage. Get in touch to easily & exhaustively scout startups, technologies & trends that matter to you!

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