Reports
Reports
The global industrial automation market attained USD 153 billion in 2020. The market is expected to grow at a CAGR of 8% in the forecast period of 2023-2028 to attain USD 253 billion by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Asia Pacific contributed significantly to the global market for industrial automation. This is due to the production plants of key players of this industry in these areas due to low cost as well as the rise of new players, especially in China and Japan. Furthermore, the market in the Asia Pacific is predicted to grow at the fastest rate in the forecast period. Growing demand for smarter solutions to manage industrial plants is driving this growth in the Asia Pacific countries, such as India, China, and South Korea. Followed by the Asia Pacific, North America holds a significant share of the market revenue and is estimated to grow at a healthy pace in the forecast period as well. Increasing adoption of factory automation systems by more manufacturers and the rise in IoT research and development is propelling the market forward, and aiding regional growth.
Industrial automation is the usage of control systems, such as computers or robots, and information technologies for handling processes that were earlier performed by humans on a larger scale. This provides greater direct integration of the physical world into computer-based systems, aiding many advantages such as increased efficiency, control, precision, and greater cost-effectiveness.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By devices, the market is bifurcated into:
On the basis of control system, the market is segmented into:
In terms of application, the market is segregated into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Manufacturing industries are witnessing rapid overhaul as manual work is increasingly being replaced by smart robots and automation driven systems. To meet the current demand for production, automation is seen as the need of the hour. Furthermore, demand for precise production and high-quality without compromising on quantity drives the market for industrial automation. Favourable government policies in the manufacturing sector and growth of the sector in emerging economies propel this industry forward. An increasing need for digital transformation across almost all major industries such as healthcare, transportation, retail, etc., is also accelerating the market for industrial automation. As the potential of IoT and interconnectivity is realized, the industry is expected to grow at a fast rate in the forecast period.
The report gives a detailed analysis of the following key players in the global kiosks market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Devices, Control System, Application, Region |
Breakup by Devices | Machine Vision, Robotics, Sensors, Motion and Drives, Relays and Switches, Others |
Breakup by Control System | Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP), Human Machine Interface (HMI), Others |
Breakup by Application | Discrete Industry, Process Industry |
Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Siemens AG, Emerson Electric Co., ABB Ltd., Rockwell Automation, Inc., Mitsubishi Electric Corporation, Schneider Electric, Texas Instruments Incorporated, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Industrial Automation Market Analysis
8.1 Key Industry Highlights
8.2 Global Industrial Automation Historical Market (2018-2022)
8.3 Global Industrial Automation Market Forecast (2023-2028)
8.4 Global Industrial Automation Market by Devices
8.4.1 Machine Vision
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Robotics
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Sensors
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Motion and Drives
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Relays and Switches
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Industrial Automation Market by Control System
8.5.1 Supervisory Control and Data Acquisition (SCADA)
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Distributed Control System (DCS)
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Programmable Logic Controller (PLC)
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Manufacturing Execution System (MES)
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Product Lifecycle Management (PLM)
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Enterprise Resource Planning (ERP)
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Human Machine Interface (HMI)
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.5.8 Others
8.6 Global Industrial Automation Market by Application
8.6.1 Discrete Industry
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.1.4 Breakup by Industry
8.6.1.4.1 Automotive
8.6.1.4.2 Packaging
8.6.1.4.3 Food Processing
8.6.1.4.4 Textile
8.6.1.4.5 Others
8.6.2 Process Industry
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.2.4 Breakup by Industry
8.6.2.4.1 Chemical
8.6.2.4.2 Power
8.6.2.4.3 Oil and Gas
8.6.2.4.4 Healthcare and Pharma
8.6.2.4.5 Plastic
8.6.2.4.6 Others
8.7 Global Industrial Automation Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Industrial Automation Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Industrial Automation Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Industrial Automation Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Industrial Automation Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Industrial Automation Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Siemens AG
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Emerson Electric Co.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 ABB Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Rockwell Automation, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Mitsubishi Electric Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Schneider Electric
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Texas Instruments Incorporated
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Industrial Automation Market: Key Industry Highlights, 2018 and 2028
2. Global Industrial Automation Historical Market: Breakup by Device (USD Billion), 2018-2022
3. Global Industrial Automation Market Forecast: Breakup by Device (USD Billion), 2023-2028
4. Global Industrial Automation Historical Market: Breakup by Control System (USD Billion), 2018-2022
5. Global Industrial Automation Market Forecast: Breakup by Control System (USD Billion), 2023-2028
6. Global Industrial Automation Historical Market: Breakup by Application (USD Billion), 2018-2022
7. Global Industrial Automation Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. Global Industrial Automation Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Industrial Automation Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Industrial Automation Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Industrial Automation Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Industrial Automation Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Industrial Automation Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Industrial Automation Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Industrial Automation Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Industrial Automation Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Industrial Automation Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Industrial Automation Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Industrial Automation Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Industrial Automation Market Structure
In 2020, the global industrial automation market attained a value of nearly USD 153 billion.
The market is projected to grow at a CAGR of 8% between 2021 and 2026.
The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach USD 253 billion by 2026.
The major drivers of the market include increasing industrialisation and the growing demand for smarter solutions to manage industrial plants.
The industrial automation market is being aided by demand for precise production and high-quality without compromising on quantity.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Machine vision, robotics, sensors, motion and drives, relays and switches, among others are the leading devices in the industry.
Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP), and Human Machine Interface (HMI), among others are the leading control systems in the industry.
Discrete industry and process industry are the two major application sectors. discrete industry can be further divided into automotive, packaging, food processing, and textile, among others. Process industry is further categorised into chemical, power, oil and gas, healthcare and pharma, and plastic, among others.
The major players in the industry are Siemens AG, Emerson Electric Co., ABB Ltd., Rockwell Automation, Inc., Mitsubishi Electric Corporation, Schneider Electric, and Texas Instruments Incorporated, among others.
The global industrial automation market attained a value of USD 153 billion in 2020, driven by the growing demand for smarter solutions to manage industrial plants. The market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 8%. The market is projected to reach USD 253 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its devices, the industrial automation industry can be segmented into Machine vision, robotics, sensors, motion and drives, relays and switches, among others. On the basis of control systems, the market is divided into Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP), and Human Machine Interface (HMI), among others. Discrete industry and process industry are the two major application sectors. discrete industry can be further divided into automotive, packaging, food processing, and textile, among others. Process industry is further categorised into chemical, power, oil and gas, healthcare and pharma, and plastic, among others. The major regional markets for industrial automation are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Siemens AG, Emerson Electric Co., ABB Ltd., Rockwell Automation, Inc., Mitsubishi Electric Corporation, Schneider Electric, and Texas Instruments Incorporated, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.