Global Industrial Automation Control Market Growth (Status and Outlook) 2023-2029
Industrial automation control systems help end-user industries to optimize their operations through efficient control of various processes without any human intervention.
LPI (LP Information)' newest research report, the “Industrial Automation Control Industry Forecast” looks at past sales and reviews total world Industrial Automation Control sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Automation Control sales for 2023 through 2029. With Industrial Automation Control sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Automation Control industry.
This Insight Report provides a comprehensive analysis of the global Industrial Automation Control landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Automation Control portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Automation Control market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Automation Control and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Automation Control.
The global Industrial Automation Control market size is projected to grow from US$ 124040 million in 2022 to US$ 194530 million in 2029; it is expected to grow at a CAGR of 6.6% from 2023 to 2029.
Sensor technology has been undergoing vast change, catalyzed by advances in sensors and decrease in sensor cost. Industries are increasingly adopting smart sensors that require low maintenance compared with analytical sensors.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Automation Control market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Sensors
DCS
Drives
SCADA
PLC
Segmentation by application
Process Industry
Discrete Industry
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.
ABB
Emerson Electric
Honeywell
Rockwell Automation
Siemens
Toshiba
Mitsubishi
Omron
Please note: The report will take approximately 2 business days to prepare and deliver.