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The global industrial control and factory automation market reached a value of about USD 151.35 billion in 2023. The industry is further expected to grow at a CAGR of 7.90% in the forecast period of 2024-2032 to reach a value of around USD 299.24 billion by 2032.
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The Asia Pacific is one of the major contributors to the growth of the industrial control and factory automation industry owing to the robust growth of the construction industry. As the construction industry extensively deploys industrial control and factory automation, the market is expanding at a healthy rate in the region. Moreover, the increasing construction of green buildings in the region owing to the introduction of favourable government initiatives to boost the energy-efficiency of buildings is surging the adoption of industrial control and factory automation. With the growing concerns regarding rapid climate change in the industrial sector, the use of industrial control and factory automation components and systems is increasing to reduce carbon footprint and bolster productivity, which is invigorating the market growth.
The market is being driven by the rising adoption of automation technology across all industrial sectors in countries like China and India. As China is one of the leading markets for industrial robots, factory automation in the country is significantly surging. The robust growth of the manufacturing sector in India and China are also augmenting the growth of the industrial control and factory automation industry. The growing adoption of innovative industrial control system software, to facilitate factory automation, is estimated to bolster the market growth. Further, manufacturing companies are strategising their manufacturing processes to enhance their profitability by adopting automation across their production sites, which is projected to provide impetus to the growth of the market.
The usage of control systems like computers or robots and information technology to handle various processes and machines in an industry to replace a human being is known as industrial automation and factory automation. It is the next step in the industrialisation process after mechanisation. Using closed-loop control approaches, industrial processes use automation technologies to automatically adjust process variables to set or desired levels. Industrial automation improves worker safety by replacing people with automated machines in hazardous working environments.
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Based on component, the market is divided into:
By solution, the market is segmented into:
On the basis of industry, the market is divided into:
The EMR report looks into the regional markets of industrial control and factory automation like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The growing trend of connected enterprises in the industrial sector is fuelling the growth of the industrial control and factory automation industry. As efficient information flow across different units in industries is crucial for increased production activities, the demand for automation is surging. The increasing requirement for enhanced productivity and the manufacturing of quality products are driving the demand for advanced tools and software systems. This, in turn, is significantly contributing to the growth of the market for industrial control and factory automation.
The introduction of various favourable government initiatives to promote industrial automation is bolstering the market growth. The growing adoption of emerging technologies such as the Internet of things (IoT) and Artificial Intelligence (AI) in industrial environments and the growing focus on optimum utilisation of resources are propelling the market growth of the industrial control and factory automation. With the growing focus to futureproof industrial operations, in the wake of the COVID-19 crisis, the demand for industrial control and factory automation systems is surging, which is estimated to further bolster the growth of the market in the forecast period.
The report gives a detailed analysis of the following key players in the global industrial control and factory automation 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 | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Component |
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Breakup by Solution |
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Breakup by Industry |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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 Control and Factory Automation Market Analysis
8.1 Key Industry Highlights
8.2 Global Industrial Control and Factory Automation Historical Market (2018-2023)
8.3 Global Industrial Control and Factory Automation Market Forecast (2024-2032)
8.4 Global Industrial Control and Factory Automation Market by Component
8.4.1 Industrial Robots
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Traditional Industrial Robots
8.4.1.3.2 Collaborative Robot
8.4.2 Machine Vision System
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 Cameras
8.4.2.3.2 Frame Grabbers, Optics, and LED Lighting
8.4.3 Process Analyser
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Field Instruments
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.4.3 Breakup by Type
8.4.4.3.1 Flowmeter
8.4.4.3.2 Transmitter
8.4.5 Human–Machine Interface (HMI)
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Industrial PC
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Industrial Sensors
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.7.3 Breakup by Type
8.4.7.3.1 Wired Industrial Sensors
8.4.7.3.2 Wireless Industrial Sensors
8.4.8 Industrial 3D Printing
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Vibration Monitoring
8.4.9.1 Historical Trend (2018-2023)
8.4.9.2 Forecast Trend (2024-2032)
8.4.10 Others
8.5 Global Industrial Control and Factory Automation Market by Solution
8.5.1 Supervisory Control and Data Acquisition (SCADA)
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Programmable Logic Controller (PLC)
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Distributed Control System (DCS)
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Manufacturing Execution System (MES)
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Industrial Safety
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Plant Asset Management (PAM)
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.6 Global Industrial Control and Factory Automation Market by Industry
8.6.1 Process Industry
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.1.3 Breakup by Type
8.6.1.3.1 Oil and Gas
8.6.1.3.2 Chemical
8.6.1.3.3 Pulp and Paper
8.6.1.3.4 Pharmaceutical
8.6.1.3.5 Metals and Mining
8.6.1.3.6 Food and Beverage
8.6.1.3.7 Energy and Power
8.6.1.3.8 Others
8.6.2 Discrete Industry
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.2.3 Breakup by Type
8.6.2.3.1 Automotive
8.6.2.3.2 Machine Manufacturing
8.6.2.3.3 Semiconductor and Electronics
8.6.2.3.4 Aerospace and Defence
8.6.2.3.5 Medical Devices
8.6.2.3.6 Others
8.7 Global Industrial Control and Factory Automation Market by Region
8.7.1 North America
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Industrial Control and Factory Automation Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Industrial Control and Factory Automation Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Industrial Control and Factory Automation Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Industrial Control and Factory Automation Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Industrial Control and Factory Automation Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
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 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ABB Ltd
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Emerson Electric Co.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Siemens AG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Mitsubishi Electric Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Rockwell Automation, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Industrial Control and Factory Automation Market: Key Industry Highlights, 2018 and 2032
2. Global Industrial Control and Factory Automation Historical Market: Breakup by Component (USD Billion), 2018-2023
3. Global Industrial Control and Factory Automation Market Forecast: Breakup by Component (USD Billion), 2024-2032
4. Global Industrial Control and Factory Automation Historical Market: Breakup by Solution (USD Billion), 2018-2023
5. Global Industrial Control and Factory Automation Market Forecast: Breakup by Solution (USD Billion), 2024-2032
6. Global Industrial Control and Factory Automation Historical Market: Breakup by Industry (USD Billion), 2018-2023
7. Global Industrial Control and Factory Automation Market Forecast: Breakup by Industry (USD Billion), 2024-2032
8. Global Industrial Control and Factory Automation Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Industrial Control and Factory Automation Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Industrial Control and Factory Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Industrial Control and Factory Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Industrial Control and Factory Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Industrial Control and Factory Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Industrial Control and Factory Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Industrial Control and Factory Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Industrial Control and Factory Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Industrial Control and Factory Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Industrial Control and Factory Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Industrial Control and Factory Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Industrial Control and Factory Automation Market Structure
In 2023, the global industrial control and factory automation market attained a value of about USD 151.35 billion.
The market is projected to grow at a CAGR of 7.90% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 299.24 billion by 2032.
The major drivers of the market include the rising construction of green building, the robust growth of the construction industry, and the increasing adoption of industrial control and factory automation systems in the manufacturing sector.
The growing trend of connected enterprises, the increasing adoption of technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) in industrial environments, and the rising focus to automate industrial operations are projected to propel the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various components of industrial control and factory automation are industrial robots, machine vision system, process analyser, field instruments, human–machine interface (HMI), industrial PC, industrial sensors, industrial 3D printing, and vibration monitoring, among others.
The significant solutions of industrial control and factory automation are supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), manufacturing execution system (MES), industrial safety, and plant asset management (PAM).
The major industries of industrial control and factory automation are process industry and discrete industry.
The major players in the industry are ABB Ltd, Emerson Electric Co., Siemens AG, Mitsubishi Electric Corporation, and Rockwell Automation, Inc., among others.
The global industrial control and factory automation market attained a value of about USD 151.35 billion in 2023, driven by the rising demand for industrial control and factory automation systems in the construction industry. Aided by the growing focus on automation of industrial operations, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.90%. The market is projected to reach nearly USD 299.24 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on component, the industrial control and factory automation industry is categorised into industrial robots, machine vision system, process analyser, field instruments, human–machine interface (HMI), industrial PC, industrial sensors, industrial 3D printing, and vibration monitoring, among others. On the basis of solution, the market is divided into supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), manufacturing execution system (MES), industrial safety, and plant asset management (PAM). By industry, the market is bifurcated into process industry and discrete industry. The major regional markets for industrial control and factory automation are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are ABB Ltd, Emerson Electric Co., Siemens AG, Mitsubishi Electric Corporation, and Rockwell Automation, Inc., 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.
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