Global Discrete Automation Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global Discrete Automation market size was valued at US$ 14550 million in 2023. With growing demand in downstream market, the Discrete Automation is forecast to a readjusted size of US$ 22360 million by 2030 with a CAGR of 6.3% during review period.
The research report highlights the growth potential of the global Discrete Automation market. Discrete Automation are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Discrete Automation. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Discrete Automation market.
Discrete automation is the production with characteristics of quantifiable parts production has the quantifiable nature of the parts.
The global discrete automation market is expected to witness significant growth over the forecast period owing to growing demand for manufacturing in emerging markets. Rising demand for custom configured products along with several asset lifecycle management initiatives. Growing focus on efficiency improvement and energy saving is expected to drive market growth. Discrete automation offers a control platform for increasing productivity, enhances ease-of-use along with reducing costs which are expected to accentuate the industry growth. Increasing population along with urbanization is creating a strain on infrastructure which is projected to offer lucrative growth opportunities for the discrete automation market by 2022. This automation finds its application across various industries including pharmaceuticals, petrochemicals, mining, and pulp manager among others.
Key Features:
The report on Discrete Automation market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Discrete Automation market. It may include historical data, market segmentation by Type (e.g., Distributed Control System (DCS), Manufacturing Execution System (MES)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Discrete Automation market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Discrete Automation market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Discrete Automation industry. This include advancements in Discrete Automation technology, Discrete Automation new entrants, Discrete Automation new investment, and other innovations that are shaping the future of Discrete Automation.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Discrete Automation market. It includes factors influencing customer ' purchasing decisions, preferences for Discrete Automation product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Discrete Automation market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Discrete Automation market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Discrete Automation market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Discrete Automation industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Discrete Automation market.
Market Segmentation:
Discrete Automation market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Distributed Control System (DCS)
Manufacturing Execution System (MES)
Product Lifecycle Management (PLM)
Programmable Logic Controllers (PLC)
Segmentation by application
Automotive
Packaging
Food processing
Textile industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Supcon
Emerson
HollySys
Honeywell
ABB
Schneider Electric
Yokogawa
SIEMENS
HITACH
Valmet
Toshiba
GE Renewable Energy
Rockwell Automation
Azbil Corporation
Chuanyi
Beijing Consen Automation
Sciyon
Ingeteam
Xinhua Group
Shanghai Automation
Luneng
Mitsubishi Electric Corporation
ANDRITZ
Nanjing Delto Technology
ZAT Company
Please note: The report will take approximately 2 business days to prepare and deliver.