Global industrial automation market is expected to reach a value of USD 339.44 billion by 2031 from 181.85 billion in 2023, growing at a CAGR of 8.3% during the forecast period of 2024 to 2031.
Market Segmentation:
Global Industrial Automation Market, By Components (Sensors, Industrial Robots, Industrial PC, Machine Vision, Industrial 3D Printing, Human-Machine Interface (HMI), Field Instruments, Control Valves, and Others), Mode of Automation (Semi-Automation and Fully-Automation), Systems (PID, Model Based Control, and Others), Solution (Programmable Logic Controller (PLC), Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Enterprise Level Controls, Programmable Automation Control (PAC), Plant Asset Management (PAM), Digitalization, Functional Safety, Emission Control), Type (Programmable Automation, Fixed or Hard Automation, Integrated Automation, and Flexible or Soft Automation), End User (Process Industries and Discrete Industries), Countries (U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Sweden, Denmark, Poland, Norway, Finland, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, New Zealand, Taiwan, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Qatar, Bahrain, Kuwait, Oman, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America) - Industry Trends and Forecast to 2031
Overview of Global Industrial automation Market Dynamics:
- Driver
- Increasing adoption of industry 4.0
- Restraint
- High cost associated with implementation and maintenance of industrial automation
- Opportunity
- Rising government initiatives to promote industrial automation
Market Players:
The key market players operating in the global industrial automation market are listed below:
- Siemens
- Analog Devices, Inc.
- Schneider Electric
- General Electric Company
- Mitsubishi Electric Corporation
- FANUC America Corporation
- Honeywell International Inc.
- AMETEK.Inc.
- ABB
- KEYENCE CORPORATION
- Hitachi Vantara LLC
- Rockwell Automation
- Emerson Electric Co
- Yokogawa Electric Corporation
- Delta Electronics, Inc.
- Fuji Electric Co., Ltd.
- Endress+Hauser Group Services AG
- OMRON Corporation
- KUKA AG
- Bosch Rexroth Corporation
- Concept Systems
- MachineMetrics
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 OBJECTIVES OF THE STUDY
- 1.2 MARKET DEFINITION
- 1.3 OVERVIEW OF THE GLOBAL INDUSTRIAL AUTOMATION
- 1.4 CURRENCY AND PRICING
- 1.5 LIMITATIONS
- 1.6 MARKETS COVERED
2 MARKET SEGMENTATION
- 2.1 MARKETS COVERED
- 2.2 GEOGRAPHICAL SCOPE
- 2.3 YEARS CONSIDERED FOR THE STUDY
- 2.4 DBMR TRIPOD DATA VALIDATION MODEL
- 2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
- 2.6 DBMR MARKET POSITION GRID
- 2.7 MULTIVARIATE MODELING
- 2.8 COMPONENT TIMELINE CURVE
- 2.9 MARKET END-USER COVERAGE GRID
- 2.10 SECONDARY SOURCES
- 2.11 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 PORTER'S FIVE FORCES
- 4.2 CASE STUDY
- 4.3 PATENT ANALYSIS
- 4.4 VALUE CHAIN ANALYSIS
- 4.5 COMPANY COMPARITIVE ANALYSIS
- 4.6 PRICING ANALYSIS
5 MARKET OVERVIEW
- 5.1 DRIVERS
- 5.1.1 INCREASING ADOPTION OF INDUSTRY 4.0
- 5.1.2 GROWING DEMAND OF AUTOMATION FOR RELIABLE AND EFFICIENT MANUFACTURING
- 5.1.3 ENHANCEMENT IN REAL TIME DATA ANALYSIS AND PREDICTIVE MAINTENANCE
- 5.1.4 INCREASING AWARENESS ABOUT SAFETY COMPLIANCE IN INDUSTRIAL ENVIRONMENT
- 5.2 RESTRAINTS
- 5.2.1 HIGH COST ASSOCIATED WITH IMPLEMENTATION AND MAINTENANCE OF INDUSTRIAL AUTOMATION
- 5.2.2 COMPLEXITY OF INTEGRATION AND LIMITED FLEXIBILITY
- 5.3 OPPORTUNITIES
- 5.3.1 RISING GOVERNMENT INITIATIVES TO PROMOTE INDUSTRIAL AUTOMATION
- 5.3.2 TECHNOLOGICAL ADVANCEMENT IN INDUSTRIAL AUTOMATION
- 5.3.3 STRATEGIC PARTNERSHIPS AND COLLABORATIONS AMONG MAJOR MARKET PLAYERS
- 5.4 CHALLENGES
- 5.4.1 LACK OF SKILLED WORK FORCE
- 5.4.2 THREAT ASSOCIATED WITH CYBERSECURITY AND DATA BREACH
6 GLOBAL INDUSTRIAL AUTOMATION MARKET, BY COMPONENTS
- 6.1 OVERVIEW
- 6.2 SENSORS
- 6.2.1 PHOTOELECTRIC
- 6.2.2 INDUCTIVE
- 6.2.3 LASER
- 6.2.4 OTHERS
- 6.3 INDUSTRIAL ROBOTS
- 6.3.1 TRADITIONAL INDUSTRIAL ROBOTS
- 6.3.1.1 ARTICULATED ROBOTS
- 6.3.1.2 CARTESIAN ROBOTS
- 6.3.1.3 SCARA ROBOTS
- 6.3.1.4 PARALLEL/DELTA ROBOTS
- 6.3.1.5 CYLINDRICAL ROBOTS
- 6.3.1.6 POLAR ROBOTS
- 6.3.2 COLLABORATIVE INDUSTRIAL ROBOTS
- 6.4 INDUSTRIAL PC
- 6.5 MACHINE VISION
- 6.5.1 PC BASED VISION SYSTEM
- 6.5.2 SMART CAMERAS-BASED VISION SYSTEM
- 6.6 INDUSTRIAL 3D PRINTING
- 6.6.1 STEREOLITHOGRAPHY (SLA)
- 6.6.2 SELECTIVE LASER SINTERING (SLS)
- 6.6.3 FUSED DEPOSITION MODELLING (FDM)
- 6.6.4 DIGITAL LIGHT PROCESS (DLP)
- 6.6.5 MULTI JET FUSION (MJF)
- 6.6.6 POLYJET PRINTING
- 6.6.7 DIRECT METAL LASER SINTERING (DMLS)
- 6.6.8 ELECTRON BEAM MELTING (EBM)
- 6.6.9 MULTIPLEXED FUSED FILAMENT FABRICATION (MF3)
- 6.6.10 OTHERS
- 6.7 HUMAN-MACHINE INTERFACE (HMI)
- 6.7.1 EMBEDDED HMI
- 6.7.2 STANDALONE HMI
- 6.8 FIELD INSTRUMENTS
- 6.9 CONTROL VALVES
- 6.9.1 ACTUATORS
- 6.9.2 VALVE BODY
- 6.9.3 OTHERS
- 6.10 OTHERS
7 GLOBAL INDUSTRIAL AUTOMATION MARKET, BY SYSTEMS
- 7.1 OVERVIEW
- 7.2 PID
- 7.2.1 TEMPERATURE PID CONTROLLER
- 7.2.2 FLOW PID CONTROLLER
- 7.2.3 PRESSURE PID CONTROLLER
- 7.2.4 MOTION PID CONTROLLER
- 7.2.4.1 SINGLE LOOP
- 7.2.4.2 MULTI-LOOP
- 7.2.4.2.1 WATER TREATMENT
- 7.2.4.2.2 FOOD & BEVERAGES
- 7.2.4.2.3 PLASTIC & CHEMICAL
- 7.2.4.2.4 BIOLOGY
- 7.3 MODEL BASED CONTROL
- 7.4 OTHERS
8 GLOBAL INDUSTRIAL AUTOMATION MARKET, BY TYPE
- 8.1 OVERVIEW
- 8.2 PROGRAMMABLE AUTOMATION
- 8.3 FIXED OR HARD AUTOMATION
- 8.4 INTEGRATED AUTOMATION
- 8.5 FLEXIBLE OR SOFT AUTOMATION
9 GLOBAL INDUSTRIAL AUTOMATION MARKET, BY SOLUTION
- 9.1 OVERVIEW
- 9.2 PROGRAMMABLE LOGIC CONTROLLER (PLC)
- 9.3 DISTRIBUTED CONTROL SYSTEM (DCS)
- 9.4 SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)
- 9.5 ENTERPRISE LEVEL CONTROLS
- 9.5.1 MANUFACTURING EXECUTION SYSTEM (MES)
- 9.5.2 PRODUCT LIFECYCLE MANAGEMENT (PLM)
- 9.6 PROGRAMMABLE AUTOMATION CONTROL (PAC)
- 9.6.1 DISTRIBUTED PAC SYSTEM
- 9.6.2 COMPACT PAC SYSTEM
- 9.6.3 OPEN PAC SYSTEM
- 9.6.3.1 MOTION CONTROL
- 9.6.3.2 MACHINE CONTROL
- 9.6.3.3 OTHERS
- 9.6.3.3.1 DIGITAL I/O MODULES
- 9.6.3.3.2 ANALOG I/O MODULES
- 9.6.3.3.3 RELAY MODULES
- 9.6.3.3.4 SERIAL MODULES
- 9.6.3.3.5 COUNTER MODULES
- 9.6.3.3.6 DATA ACQUISITION MODULES
- 9.6.3.3.7 TIMER MODULES
- 9.6.3.3.8 SERVO OR STEPPER CONTROLLER MODULES
- 9.7 PLANT ASSET MANAGEMENT (PAM)
- 9.8 DIGITALIZATION
- 9.9 FUNCTIONAL SAFETY
- 9.10 EMISSION CONTROL
10 GLOBAL INDUSTRIAL AUTOMATION MARKET, BY MODE OF AUTOMATION
- 10.1 OVERVIEW
- 10.2 SEMI-AUTOMATION
- 10.3 FULLY-AUTOMATION
11 GLOBAL INDUSTRIAL AUTOMATION MARKET, BY END USER
- 11.1 OVERVIEW
- 11.2 PROCESS INDUSTRIES
- 11.2.1 OIL & GAS
- 11.2.1.1 DOWNSTREAM
- 11.2.1.2 MIDSTREAM
- 11.2.1.3 MIDSTREAM UPSTREAM
- 11.2.2 CHEMICALS
- 11.2.2.1 REFINING
- 11.2.2.2 PETROCHEMICAL
- 11.2.3 POWER & ENERGY
- 11.2.4 FOOD & BEVERAGES
- 11.2.5 METALS & MINING
- 11.2.6 WATER AND WASTEWATER TREATMENT
- 11.2.7 HEALTHCARE & LIFE SCIENCE
- 11.2.8 PULP & PAPER
- 11.2.9 PLASTICS
- 11.2.10 PRINTING
- 11.2.11 HVAC, RECYCLING
- 11.2.12 CEMENT
- 11.2.13 GLASS
- 11.2.14 RUBBER
- 11.2.15 AGRICULTURE
- 11.2.16 FURNITURE & WOOD
- 11.2.17 TEXTILES
- 11.3 DISCRETE INDUSTRIES
- 11.3.1 AUTOMOTIVE
- 11.3.2 MACHINE MANUFACTURING
- 11.3.3 SEMICONDUCTOR & ELECTRONICS
- 11.3.4 FABRICATING
- 11.3.5 AEROSPACE & DEFENSE
- 11.3.6 MEDICAL DEVICES
- 11.3.7 PACKAGING INDUSTRIES
- 11.3.8 CERAMICS
12 GLOBAL INDUSTRIAL AUTOMATION MARKET, BY REGION
- 12.1 OVERVIEW
- 12.2 NORTH AMERICA
- 12.2.1 U.S.
- 12.2.2 CANADA
- 12.2.3 MEXICO
- 12.3 EUROPE
- 12.3.1 GERMANY
- 12.3.2 FRANCE
- 12.3.3 U.K.
- 12.3.4 ITALY
- 12.3.5 SPAIN
- 12.3.6 RUSSIA
- 12.3.7 NETHERLANDS
- 12.3.8 SWITZERLAND
- 12.3.9 SWEDEN
- 12.3.10 BELGIUM
- 12.3.11 DENMARK
- 12.3.12 POLAND
- 12.3.13 NORWAY
- 12.3.14 TURKEY
- 12.3.15 FINLAND
- 12.3.16 REST OF EUROPE
- 12.4 ASIA-PACIFIC
- 12.4.1 CHINA
- 12.4.2 JAPAN
- 12.4.3 INDIA
- 12.4.4 SOUTH KOREA
- 12.4.5 AUSTRALIA
- 12.4.6 SINGAPORE
- 12.4.7 MALAYSIA
- 12.4.8 THAILAND
- 12.4.9 INDONESIA
- 12.4.10 PHILIPPINES
- 12.4.11 NEW ZEALAND
- 12.4.12 TAIWAN
- 12.4.13 VIETNAM
- 12.4.14 REST OF ASIA-PACIFIC
- 12.5 MIDDLE EAST AND AFRICA
- 12.5.1 SAUDI ARABIA
- 12.5.2 U.A.E.
- 12.5.3 SOUTH AFRICA
- 12.5.4 EGYPT
- 12.5.5 QATAR
- 12.5.6 ISRAEL
- 12.5.7 BAHRAIN
- 12.5.8 KUWAIT
- 12.5.9 OMAN
- 12.5.10 REST OF MIDDLE EAST AND AFRICA
- 12.6 SOUTH AMERICA
- 12.6.1 BRAZIL
- 12.6.2 ARGENTINA
- 12.6.3 REST OF SOUTH AMERICA
13 GLOBAL INDUSTRIAL AUTOMATION MARKET, COMPANY LANDSCAPE
- 13.1 COMPANY SHARE ANALYSIS: GLOBAL
- 13.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
- 13.3 COMPANY SHARE ANALYSIS: EUROPE
- 13.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
14 SWOT ANALYSIS
15 COMPANY PROFILE
- 15.1 SIEMENS
- 15.1.1 COMPANY SNAPSHOT
- 15.1.2 REVENUE ANALYSIS
- 15.1.3 COMPANY SHARE ANALYSIS
- 15.1.4 PRODUCT PORTFOLIO
- 15.1.5 RECENT DEVELOPMENTS
- 15.2 MITSUBISHI ELECTRIC CORPORATION
- 15.2.1 COMPANY SNAPSHOT
- 15.2.2 REVENUE ANALYSIS
- 15.2.3 COMPANY SHARE ANALYSIS
- 15.2.4 SERVICE PORTFOLIO
- 15.2.5 RECENT DEVELOPMENTS
- 15.3 SCHNEIDER ELECTRIC
- 15.3.1 COMPANY SNAPSHOT
- 15.3.2 REVENUE ANALYSIS
- 15.3.3 COMPANY SHARE ANALYSIS
- 15.3.4 PRODUCT PORTFOLIO
- 15.3.5 RECENT DEVELOPMENTS
- 15.4 FANUC AMERICA CORPORATION
- 15.4.1 COMPANY SNAPSHOT
- 15.4.2 REVENUE ANALYSIS
- 15.4.3 PRODUCT PORTFOLIO
- 15.4.4 RECENT DEVELOPMENTS
- 15.5 GENERAL ELECTRIC
- 15.5.1 COMPANY SNAPSHOT
- 15.5.2 REVENUE ANALYSIS
- 15.5.3 PRODUCT PORTFOLIO
- 15.5.4 RECENT DEVELOPMENTS
- 15.6 ABB
- 15.6.1 COMPANY SNAPSHOT
- 15.6.2 REVENUE ANALYSIS
- 15.6.3 PRODUCT PORTFOLIO
- 15.6.4 RECENT DEVELOPMENTS
- 15.7 AMETEK.INC.
- 15.7.1 COMPANY SNAPSHOT
- 15.7.2 REVENUE ANALYSIS
- 15.7.3 SERVICE PORTFOLIO
- 15.7.4 RECENT DEVELOPMENTS
- 15.8 ANALOG DEVICES, INC.
- 15.8.1 COMPANY SNAPSHOT
- 15.8.2 REVENUE ANALYSIS
- 15.8.3 PRODUCT PORTFOLIO
- 15.8.4 RECENT DEVELOPMENTS
- 15.9 BOSCH REXROTH CORPORATION
- 15.9.1 COMPANY SNAPSHOT
- 15.9.2 REVENUE ANALYSIS
- 15.9.3 PRODUCT PORTFOLIO
- 15.9.4 RECENT DEVELOPMENTS
- 15.10 CONCEPT SYSTEMS
- 15.10.1 COMPANY SNAPSHOT
- 15.10.2 SERVICE PORTFOLIO
- 15.10.3 RECENT DEVELOPMENTS
- 15.11 DELTA ELECTRONICS, INC.
- 15.11.1 COMPANY SNAPSHOT
- 15.11.2 REVENUE ANALYSIS
- 15.11.3 RODUCT PORTFOLIO
- 15.11.4 RECENT DEVELOPMENTS
- 15.12 EMERSON ELECTRIC CO.
- 15.12.1 COMPANY SNAPSHOT
- 15.12.2 REVENUE ANALYSIS
- 15.12.3 PRODUCT PORTFOLIO
- 15.12.4 RECENT DEVELOPMENTS
- 15.13 ENDRESS+HAUSER GROUP SERVICES AG
- 15.13.1 COMPANY SNAPSHOT
- 15.13.2 PRODUCT PORTFOLIO
- 15.13.3 RECENT DEVELOPMENTS
- 15.14 FUJI ELECTRIC CO. LTD.
- 15.14.1 COMPANY SNAPSHOT
- 15.14.2 REVENUE ANALYSIS
- 15.14.3 PRODUCT PORTFOLIO
- 15.14.4 RECENT DEVELOPMENTS
- 15.15 HITACHI, LTD.
- 15.15.1 COMPANY SNAPSHOT
- 15.15.2 REVENUE ANALYSIS
- 15.15.3 PRODUCT PORTFOLIO
- 15.15.4 RECENT DEVELOPMENT
- 15.16 HONEYWELL INTERNATIONAL INC.
- 15.16.1 COMPANY SNAPSHOT
- 15.16.2 REVENUE ANALYSIS
- 15.16.3 SERVICE PORTFOLIO
- 15.16.4 RECENT DEVELOPMENTS
- 15.17 KEYENCE CORPORATION
- 15.17.1 COMPANY SNAPSHOT
- 15.17.2 REVENUE ANALYSIS
- 15.17.3 PRODUCT PORTFOLIO
- 15.17.4 RECENT DEVELOPMENTS
- 15.18 KUKA AG
- 15.18.1 COMPANY SNAPSHOT
- 15.18.2 REVENUE ANALYSIS
- 15.18.3 PRODUCT PORTFOLIO
- 15.18.4 RECENT DEVELOPMENT
- 15.19 MACHINEMETRICS
- 15.19.1 COMPANY SNAPSHOT
- 15.19.2 PRODUCT PORTFOLIO
- 15.19.3 RECENT DEVELOPMENTS
- 15.20 OMRON CORPORATION
- 15.20.1 COMPANY SNAPSHOT
- 15.20.2 REVENUE ANALYSIS
- 15.20.3 SERVICE PORTFOLIO
- 15.20.4 RECENT DEVELOPMENTS
- 15.21 ROCKWELL AUTOMATION
- 15.21.1 COMPANY SNAPSHOT
- 15.21.2 REVENUE ANALYSIS
- 15.21.3 SERVICE PORTFOLIO
- 15.21.4 RECENT DEVELOPMENTS
- 15.22 YOKOGAWA ELECTRIC CORPORATION
- 15.22.1 COMPANY SNAPSHOT
- 15.22.2 REVENUE ANALYSIS
- 15.22.3 PRODUCT PORTFOLIO
- 15.22.4 RECENT DEVELOPMENT
16 QUESTIONNAIRE
17 RELATED REPORTS