Industrial Automation and Control Systems Market, By Component Type (HMI, Industrial Robots, Control Valves, Sensors, and Others), By Control System (DCS, PLC, SCADA, and Others), By Vertical (Aerospace & Defense, Automotive, Chemical, Energy & Utilities, Food & Beverage, Healthcare, Manufacturing, Mining & Metal, Oil & Gas, Transportation, and Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Industrial automation involves using computers to control a system of sensors, instruments, and equipment that monitor and perform the work of production. It eliminates the reliance of companies on unreliable, error-prone manual processes and replaces them with command-response activities executed by mechanized equipment and logical programming commands. The primary objective of industrial automation and control systems is to increase efficiency and reduce operational costs. The benefit of the industrial automation and control system is that it can be programmed to perform a variety of tasks, which allows for flexibility in operations. It can also improve the performance of existing operations through real-time data and predictive maintenance. It can help identify downtime issues, performance problems and bottlenecks. These issues can be resolved and production can return to normal.
Market Dynamics:
The adoption of Industry 4.0 is fueling the growth of the global industrial automation and control systems market, as it provides numerous benefits such as operational efficiency, productivity, improved product quality, asset utilization, workforce safety, and supply chain management.
However, the high initial investment required to install these systems is a restraint for the growth of the industrial automation and control systems market.
Key features of the study:
This report provides in-depth analysis of the global industrial automation and control systems market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global industrial automation and control systems market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ABB, Emerson Electric Co., Honeywell International, Inc., Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, OMRON Corporation, Rockwell Automation, Inc., and Schneider Electric
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global industrial automation and control systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial automation and control systems market
Detailed Segmentation:
Global Industrial Automation and Control Systems Market, By Component Type:
HMI
Industrial Robots
Control Valves
Sensors
Others
Global Industrial Automation and Control Systems Market, By Control System:
DCS
PLC
SCADA
Others
Global Industrial Automation and Control Systems Market, By Vertical:
Aerospace & Defense
Automotive
Chemical
Energy & Utilities
Food & Beverage
Healthcare
Manufacturing
Mining & Metal
Oil & Gas
Transportation
Others
Global Industrial Automation and Control Systems Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
ABB
Emerson Electric Co.
Honeywell International, Inc.
Kawasaki Heavy Industries, Ltd.
Mitsubishi Electric Corporation
OMRON Corporation
Rockwell Automation, Inc.
Schneider Electric
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Component Type
Market Snapshot, By Control System
Market Snapshot, By Vertical
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Convergence of IT, OT, and M2M systems
Growing inclination toward smart manufacturing
Restraints
Concerns regarding security threats
High cost of implementation
Opportunities
Advent of industry 4.0
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Industrial Automation and Control Systems Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Industrial Automation and Control Systems Market , By Component Type, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
HMI
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Industrial Robots
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Control Valves
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Sensors
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. Global Industrial Automation and Control Systems Market , By Control System, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
DCS
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
PLC
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
SCADA
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
7. Global Industrial Automation and Control Systems Market , By Vertical, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
Aerospace & Defense
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Chemical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Energy & Utilities
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Food & Beverage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Mining & Metal
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Oil & Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Transportation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
8. Global Industrial Automation and Control Systems Market , By Region, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Control System, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2023-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Control System, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2023-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Control System, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2023-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Control System, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2023-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Control System, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2023-2030,(US$ Bn)
9. Competitive Landscape
ABB
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Emerson Electric Co.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Honeywell International, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Kawasaki Heavy Industries, Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Mitsubishi Electric Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
OMRON Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Rockwell Automation, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Schneider Electric
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
10. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on " Global Industrial Automation and Control Systems Market” - Global forecast to 2030