Industrial Automation Market – Industry Trends and Forecast to 2030

January 02, 2023

Industrial Automation Market – Industry Trends and Forecast to 2030

Data Bridge Market Research analyses that the industrial automation market was valued at USD 175.76 billion in 2022 and is expected to reach USD 399.24 billion by 2030, registering a CAGR of 10.80% during the forecast period of 2023 to 2030.

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Industrial Automation Market Analysis and Size

The industrial automation market is growing swiftly owing to the high adoption of automation solutions in the oil & gas, chemicals & materials, manufacturing and pharmaceutical sectors. The “distributed control system (DCS)” is expected to be the -growing solution segment due to the high adoption rate of Industrial internet of things (IIOT) to deploy automated control systems. This system is also used to control boiler side valves, boiler coal firing and fans, among other machineries of power generation processes.

Industrial Automation Market Scope

Type

· Fixed Automation

· Programmable Automation

Component

· Industrial Robots

· Machine Vision

· Control Valves

· Field Instruments

· Human–Machine Interface

· Industrial PC

· Sensors

· Industrial 3D Printing

Solution

· Supervisory Control and Data Acquisition (SCADA)

· Programmable Logic Controller (PLC)

· Distributed Control System (DCS)

· Manufacturing Execution System (MES)

· Product Lifecycle Management (PLM)

· Functional Safety and Plant Asset Management (PAM)

Mode of Automation

· Semi-automatic

· Fully-automatic

End-use Industry

· Oil & Gas

· Upstream

· Midstream

· Downstream

· Chemicals

· Pharmaceuticals & Medical Devices

· Food & Beverages

· Beverages & Distilleries

· Dairy Processing

· Bakery & Confectionary

· Meat, Poultry, and Seafood Products

· Fruits & Vegetables

· Oil & Fats

· Other F&B End Users

· Energy & Power

· Automotive

· Machine Manufacturing

· Water & Wastewater Treatment

· Electronics & Semiconductors

· Metals & Mining

· Others

Industrial Automation Market Regional Analysis/Insights

The countries covered in the industrial automation market report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Industrial Automation Market Share Analysis

The industrial automation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial automation market.

Trending Players

· Schneider Electric (France)

· Emerson Electric Co. (U.S.)

· Rockwell Automation, Inc. (U.S.)

· Endress+Hauser Group Services AG (Switzerland)

· Honeywell International Inc. (U.S.)

· ABB (U.S.)

· YASKAWA ELECTRIC CORPORATION. (Japan)

· Siemens (Germany)

· General Electric (U.S.)

· Dwyer Instruments Ltd (U.S.)

· Mitsubishi Electric Corporation (Japan)