Discrete Automation Market Report: Trends, Forecast and Competitive Analysis to 2030

Discrete Automation Market Report: Trends, Forecast and Competitive Analysis to 2030

Discrete Automation Trends and Forecast

The future of the global discrete automation market looks promising with opportunities in the automotive, packaging, food processing, and textile markets. The global discrete automation market is expected to reach an estimated $10.1 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing demand for custom configured products, heightened emphasis on enhancing efficiency and conserving energy, and growing population along with urbanization.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Discrete Automation by Segment

The study includes a forecast for the global discrete automation by type, application, and region.

Discrete Automation Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Distributed Control System (DCS)
• Manufacturing Execution System (MES)
• Product Lifecycle Management (PLM)
• Programmable Logic Controllers (PLC)

Discrete Automation Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Packaging
• Food processing
• Textile industry
• Others

Discrete Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Discrete Automation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies discrete automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the discrete automation companies profiled in this report include-

• Siemens
• Rockwell Automation
• ABB
• Invensys
• Schneider Electric

Discrete Automation Market Insights

Lucintel forecasts that distributed control system (DCS) will remain the largest segment over the forecast period because it helps in the enhancement of power generation by simultaneously avoiding the human errors that occus during the distrubution process, as well as it enhances the operational process of industrial verticals.

Within this market, automotive will remain the largest segment over the forecast period due to growing need for automotive light weighted cars, especially in developing nations such as india and china.

APAC will remain the largest region over the forecast period because of growing industry control system implementation and factory automation, huge customer base, low manufacturing costs, along with availability of cheap labor in this region.

Features of the Global Discrete Automation Market

Market Size Estimates: Discrete automation market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Discrete automation market size by type, application, and region in terms of value ($B).

Regional Analysis: Discrete automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the discrete automation market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the discrete automation market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the discrete automation market size?

Answer: The global discrete automation market is expected to reach an estimated $10.1 billion by 2030.

Q.2 What is the growth forecast for discrete automation market?

Answer: The global discrete automation market is expected to grow with a CAGR of 7.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the discrete automation market?

Answer: The major drivers for this market are increasing demand for custom configured products, heightened emphasis on enhancing efficiency and conserving energy, and growing population along with urbanization.

Q4. What are the major segments for discrete automation market?

Answer: The future of the global discrete automation market looks promising with opportunities in the automotive, packaging, food processing, and textile markets.

Q5. Who are the key discrete automation market companies?

Answer: Some of the key discrete automation companies are as follows:

• Siemens
• Rockwell Automation
• ABB
• Invensys
• Schneider Electric

Q6. Which discrete automation market segment will be the largest in future?

Answer: Lucintel forecasts that distributed control system (DCS) will remain the largest segment over the forecast period because it helps in the enhancement of power generation by simultaneously avoiding the human errors that occus during the distrubution process, as well as it enhances the operational process of industrial verticals.

Q7. In discrete automation market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period because of growing industry control system implementation and factory automation, huge customer base, low manufacturing costs, along with availability of cheap labor in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the discrete automation market by type (distributed control system (DCS), manufacturing execution system (MES), product lifecycle management (PLM), and programmable logic controllers (PLC)), application (automotive, packaging, food processing, textile industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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