Recent study report released by Data Bridge Market research titled Global Industrial Automation Market (covering USA, Europe, China, Japan, India, South East Asia and etc) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support.
The industrial automation market is growing swiftly owing to the high adoption of automation solutions in the oil & gas, chemicals & materials, manufacturing and pharmaceutical sectors. The “distributed control system (DCS)” is expected to be the -growing solution segment due to the high adoption rate of Industrial internet of things (IIOT) to deploy automated control systems. This system is also used to control boiler side valves, boiler coal firing and fans, among other machineries of power generation processes.
Industrial automation market was valued at USD 175.76 billion in 2022 and is expected to reach USD 399.24 billion by 2030, registering a CAGR of 10.80% during the forecast period of 2023 to 2030.
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Industrial automation is the usage of technologies such as robotics and computer software to control processes and machinery which substitute human beings in performing specific functions. These functions are mainly cantered on manufacturing, material handling and quality control processes. Industrial automation is the processes and control of machinery which used in numerous industries by autonomous systems. Industries usage automation to reduce costs and surge productivity related to their benefits and other associated expenses, while growing flexibility and precision.
Some of the major players operating in the industrial automation market are:
- Schneider Electric (France)
- Emerson Electric Co. (U.S.)
- Rockwell Automation, Inc. (U.S.)
- Endress+Hauser Group Services AG (Switzerland)
- Honeywell International Inc. (U.S.)
- ABB (U.S.)
- YASKAWA ELECTRIC CORPORATION. (Japan)
- Siemens (Germany)
- General Electric (U.S.)
- Dwyer Instruments Ltd (U.S.)
- Mitsubishi Electric Corporation (Japan)
- OMRON Corporation (Japan)
- Hitachi, Ltd (Japan)
- Stratasys (Israel)
- WIKA Instruments India Pvt. Ltd. (India)
- FANUC Corporation (Japan)
- Yokogawa India Ltd (Japan)
- Azbil Corporation (Japan)
- PARKER HANNIFIN CORP (U.S.)
- Sensirion AG (Switzerland)
Key points covered in the report: -
- The pivotal aspect considered in the global Industrial Automation Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Industrial Automation Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Industrial Automation Market.
- The Global Industrial Automation Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Global Industrial Automation Market Scope
The industrial automation market is segmented on the basis of type, component, solution, mode of automation and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Fixed Automation
- Programmable Automation
Component
- Industrial Robots
- Machine Vision
- Control Valves
- Field Instruments
- Human–Machine Interface
- Industrial PC
- Sensors
- Industrial 3D Printing
Solution
- Supervisory Control and Data Acquisition (SCADA)
- Programmable Logic Controller (PLC)
- Distributed Control System (DCS)
- Manufacturing Execution System (MES)
- Product Lifecycle Management (PLM)
- Functional Safety and Plant Asset Management (PAM)
Mode of Automation
- Semi-automatic
- Fully-automatic
End-use Industry
- Oil & Gas
- Upstream
- Midstream
- Downstream
- Chemicals
- Pharmaceuticals & Medical Devices
- Food & Beverages
- Beverages & Distilleries
- Dairy Processing
- Bakery & Confectionary
- Meat, Poultry, and Seafood Products
- Fruits & Vegetables
- Oil & Fats
- Other F&B End Users
- Energy & Power
- Automotive
- Machine Manufacturing
- Water & Wastewater Treatment
- Electronics & Semiconductors
- Metals & Mining
- Others
Reasons to Buy:
- Review the scope of the Industrial Automation Market with recent trends and SWOT analysis.
- Outline of market dynamics coupled with market growth effects in coming years.
- Industrial Automation Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
- Regional and country level analysis combining Industrial Automation Market and supply forces that are affecting the growth of the market.
- Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
- and strategies adopted by the players in the last five years.
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