Global Industrial Automation Market Growth (Status and Outlook) 2024-2030

Global Industrial Automation Market Growth (Status and Outlook) 2024-2030

According to our LPI (LP Information) latest study, the global Industrial Automation market size was valued at US$ 127860 million in 2023. With growing demand in downstream market, the Industrial Automation is forecast to a readjusted size of US$ 204660 million by 2030 with a CAGR of 7.0% during review period.

The research report highlights the growth potential of the global Industrial Automation market. Industrial 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 Industrial 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 Industrial Automation market.

Industrial automation is the use of control systems, such as computers or robots, and information technologies for handling different processes and machineries in an industry to replace a human being.

Europe held the giant share in the overall market in 2017. followed by Asia Pacific. Analysts anticipate this trend to continue over the coming years.

Key Features:

The report on Industrial 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 Industrial Automation market. It may include historical data, market segmentation by Type (e.g., Computer Numerical Control (CNC) Routers, Machine Vision Systems), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Industrial 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 Industrial 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 Industrial Automation industry. This include advancements in Industrial Automation technology, Industrial Automation new entrants, Industrial Automation new investment, and other innovations that are shaping the future of Industrial Automation.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Industrial Automation market. It includes factors influencing customer ' purchasing decisions, preferences for Industrial Automation product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Industrial Automation market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Industrial 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 Industrial Automation market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Industrial 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 Industrial Automation market.

Market Segmentation:

Industrial 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
Computer Numerical Control (CNC) Routers
Machine Vision Systems
Manufacturing Execution Systems (MES)
Plant Asset Management
Product Lifecycle Management (PLM)
Programmable Logic Control Systems (PLC)
Supervisory Control and Data Acquisition (SCADA)
Others

Segmentation by application
Automotive and Transportation
Chemical
Energy and Power System
Food
Environment and Building Technologies
Oil and Gas
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.
ABB
Adept
Bosch
Emerson Electric
FANUC
General Electric
Honeywell
Kuka
Mitsubishi Electric
Rockwell
Schneider Electric
Toshiba
Voith
Yaskawa Electric
Yokogawa Electric

Please note: The report will take approximately 2 business days to prepare and deliver.