Product Code: MRFR/SEM/1337-CR
Global Industry Controls and Factory Automation Market Research Report Data By Component (Industrial Robots, Collaborative Industrial Robots, Machine Vision, Control Valves, Field Instruments, Human-Machine Interface (HMI), Industrial PC, Sensors and Industrial 3D Printing), By Solution (Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Plant Asset Management (PAM), Functional Safety, Product Lifecycle Management (PLM) and Manufacturing Execution System (MES)), By Industry - Forecast to 2030
Market Overview
In 2022, the market for industrial control and factory automation was estimated to be worth USD 198.03 billion. The industry control and factory automation market is expected to increase from USD 219.04 billion in 2023 to USD 419.07 billion by 2030, with a compound yearly growth rate (CAGR) of 9.82% during the forecast period (2023- 2030).
Artificial intelligence and other technologies are becoming more common in these automation systems. With artificial intelligence, computer systems may use massive amounts of data to mimic human intelligence and reasoning, allowing manufacturing automation systems to learn, forecast, and recommend next steps. It offers solutions that ensure operations are efficient, safe, and accurate. Increased usage of industrial robots in the manufacturing industry can help a company remain competitive over time. The increasing use of industrial robots in the production sector is driving the global industrial control and factory automation industries.
Industrial automation is being used in a variety of industries, including automotive, chemicals, and energy utilities. Many major industries rely on control systems, including electric power, oil and gas, water and wastewater treatment, manufacturing, agriculture, transportation, and chemical plants. This system includes control systems such as supervisory control and data acquisition (SCADA), distributed control systems (DCS), programmable logic controllers (PLC), remote terminal units (RTUs), intelligent electronic devices (IEDs), and other field devices. New technologies are being employed in a wide range of industries to increase efficiency and convenience for both businesses and consumers.
Market Segment Insights
The industry control and factory automation market are divided into the following components: Industrial Robots, Collaborative Industrial Robots, Machine Vision, Control Valves, Field Instruments, Human-Machine Interface (HMI), Industrial PC, Sensors, and Industrial 3D Printing.
The industry control and factory automation market are divided into six solutions: Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Plant Asset Management (PAM), Functional Safety, Product Lifecycle Management (PLM), and Manufacturing Execution System (MES).
The Industry Control and Factory Automation Market is divided into two segments: Process Industry and Discrete Industry.
Regional Insights
Asia Pacific had the largest market share of 36.88% in 2022. As the developing sector, which is the primary end user of contemporary control and factory automation, continues to grow at a rapid pace, APAC has been a vital backer of the market's growth. China is expected to have a significant offer in Asia-Pacific. China has led the modern robot market, preparing for factory automation in the region and establishing itself as one of the world's major assembly countries. Factory automation on a large scale is now possible thanks to an increase in the introduction of sophisticated robots into the country and the widespread use of various modern control framework software.
North America will see significant growth soon because of the maker's high-level production capabilities and proficient exchanging practices. The United States, Mexico, and Canada make up North America. This location's prosperity stems from its well linked markets. In terms of income, the market continues to grow. Because of its diverse modern market, the United States dominates the North American economy.
Major Players
The prominent players in the industry control and factory automation Market are Yokogawa Electric Corporation, Omron Corporation, Endress+Hauser, Fanuc Corporation, WIKA, Mitsubishi Electric Corporation, Eaton Corporation, Danfoss, Rockwell Automation, Yaskawa Electric Corporation, Toshiba Corporation, Honeywell International Inc., Dwyer, Stratasys, Hitachi, HP. 3D Systems, ABB, Schneider Electric, Siemens, General Electric, and Emerson Electric Co.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1.1 GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY COMPONENT
- 1.1.2 GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY SOLUTION
- 1.1.3 GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY INDUSTRY
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 FORECAST MODEL
- 3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
- 4.1 OVERVIEW
- 4.2 DRIVERS
- 4.2.1 RISING ADOPTION OF INDUSTRIAL ROBOTS IN THE MANUFACTURING SECTOR
- 4.2.2 INCREASING ADOPTION OF INDUSTRIAL AUTOMATION IN DIFFERENT INDUSTRIES
- 4.2.3 INCREASING USE OF ENABLING TECHNOLOGIES IN THE MANUFACTURING SECTOR
- 4.3 RESTRAINTS
- 4.3.1 HIGH DEVELOPMENT COST OF INDUSTRY CONTROL AND AUTOMATION SYSTEM
- 4.4 OPPORTUNITIES
- 4.4.1 NEW PRODUCT LAUNCHES AND R&D AMONG MAJOR KEY PLAYERS
- 4.5 IMPACT OF COVID-19 ON THE INDUSTRY CONTROLS AND FACTORY AUTOMATION MARKET
- 4.5.1 OVERVIEW
- 4.5.2 IMPACT ON THE MANUFACTURING INDUSTRY
- 4.5.3 IMPACT ON GLOBAL DEMAND AND SUPPLY CHAIN
- 4.5.4 IMPACT ON THE OVERALL INDUSTRY CONTROLS AND FACTORY AUTOMATION INDUSTRY Y-O-Y,-2030
5 MARKET FACTOR ANALYSIS
- 5.1 VALUE CHAIN ANALYSIS
- 5.1.1 ENGAGEMENT & DESIGNING
- 5.1.2 MANUFACTURING
- 5.1.3 DISTRIBUTION & SALES
- 5.1.4 POST-SALES FOLLOW-UPS
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY
6 GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY COMPONENT
- 6.1 OVERVIEW
- 6.2 OVERVIEW
- 6.3 INDUSTRIAL ROBOTS
- 6.4 COLLABORATIVE INDUSTRIAL ROBOTS
- 6.5 MACHINE VISION
- 6.6 CONTROL VALVES
- 6.7 FIELD INSTRUMENTS
- 6.8 HUMAN-MACHINE INTERFACE (HMI)
- 6.9 INDUSTRIAL PC
- 6.10 SENSORS
- 6.11 INDUSTRIALD PRINTING
7 GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY SOLUTION
- 7.1 OVERVIEW
- 7.2 SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)
- 7.3 PROGRAMMABLE LOGIC CONTROLLER (PLC)
- 7.4 DISTRIBUTED CONTROL SYSTEM (DCS)
- 7.5 PLANT ASSET MANAGEMENT (PAM)
- 7.6 FUNCTIONAL SAFETY
- 7.7 PRODUCT LIFECYCLE MANAGEMENT (PLM)
- 7.8 MANUFACTURING EXECUTION SYSTEM (MES)
8 GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY INDUSTRY
- 8.1 OVERVIEW
- 8.2 PROCESS INDUSTRY
- 8.3 DISCRETE INDUSTRY
9 GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY REGION
- 9.1 OVERVIEW
- 9.1.1 GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY REGION,-2030
- 9.2 EUROPE
- 9.2.1 EUROPE: INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY COUNTRY,-2030
- 9.2.2 GERMANY
- 9.2.3 FRANCE
- 9.2.4 UK
- 9.2.5 ITALY
- 9.2.6 SPAIN
- 9.2.7 RUSSIA
- 9.2.8 POLAND
- 9.2.9 THE NETHERLANDS
- 9.2.10 REST OF EUROPE
- 9.3 NORTH AMERICA
- 9.3.1 US
- 9.3.2 CANADA
- 9.3.3 MEXICO
- 9.4 ASIA-PACIFIC
- 9.4.1 ASIA-PACIFIC: INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY COUNTRY,-2030
- 9.4.2 CHINA
- 9.4.3 INDIA
- 9.4.4 JAPAN
- 9.4.5 SOUTH KOREA
- 9.4.6 TAIWAN
- 9.4.7 SOUTHEAST ASIA
- 9.4.8 REST OF ASIA-PACIFIC
- 9.5 MIDDLE EAST & AFRICA
- 9.5.1 MIDDLE EAST & AFRICA: INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY COUNTRY,-2030
- 9.5.2 UAE
- 9.5.3 SAUDI ARABIA
- 9.5.4 SOUTH AFRICA
- 9.5.5 REST OF MIDDLE EAST & AFRICA
- 9.6 SOUTH AMERICA
- 9.6.1 SOUTH AMERICA: INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET, BY COUNTRY,-2030
- 9.6.2 BRAZIL
- 9.6.3 ARGENTINA
- 9.6.4 REST OF SOUTH AMERICA
10 COMPETITIVE LANDSCAPE
- 10.1 OVERVIEW
- 10.2 COMPETITIVE BENCHMARKING
- 10.3 MARKET SHARE ANALYSIS
- 10.4 KEY DEVELOPMENTS IN THE GLOBAL INDUSTRY CONTROL AND FACTORY AUTOMATION MARKET
- 10.4.1 PRODUCT LAUNCH
- 10.4.2 ACQUISITION
- 10.4.3 DEVELOPMENT
- 10.4.4 PARTNERSHIP
- 10.4.5 EXPANSION
- 10.4.6 INITIATIVE
- 10.4.7 AGREEMENT
- 10.4.8 COLLABORATION
11 COMPANY PROFILES
- 11.1 YOKOGAWA ELECTRIC
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
- 11.2 OMRON
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
- 11.3 ENDRESS+HAUSER
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
- 11.4 FANUC CORPORATION
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
- 11.5 WIKA
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
- 11.6 MITSUBISHI ELECTRIC CORPORATION
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
- 11.7 EATON CORPORATION
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
- 11.8 DANFOSS
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
- 11.9 ROCKWELL AUTOMATION
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
- 11.10 YASKAWA ELECTRIC CORPORATION
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES
- 11.11 TOSHIBA CORPORATION
- 11.11.1 COMPANY OVERVIEW
- 11.11.2 FINANCIAL OVERVIEW
- 11.11.3 PRODUCTS OFFERED
- 11.11.4 KEY DEVELOPMENTS
- 11.11.5 SWOT ANALYSIS
- 11.11.6 KEY STRATEGIES
- 11.12 HONEYWELL INTERNATIONAL INC.
- 11.12.1 COMPANY OVERVIEW
- 11.12.2 FINANCIAL OVERVIEW
- 11.12.3 KEY DEVELOPMENTS
- 11.12.4 SWOT ANALYSIS
- 11.12.5 KEY STRATEGIES
- 11.13 DWYER
- 11.13.1 COMPANY OVERVIEW
- 11.13.2 FINANCIAL OVERVIEW
- 11.13.3 PRODUCTS OFFERED
- 11.13.4 KEY DEVELOPMENTS
- 11.13.5 SWOT ANALYSIS
- 11.13.6 KEY STRATEGIES
- 11.14 STRATASYS
- 11.14.1 COMPANY OVERVIEW
- 11.14.2 FINANCIAL OVERVIEW
- 11.14.3 PRODUCTS OFFERED
- 11.14.4 KEY DEVELOPMENTS
- 11.14.5 SWOT ANALYSIS
- 11.14.6 KEY STRATEGIES
- 11.15 HITACHI
- 11.15.1 COMPANY OVERVIEW
- 11.15.2 FINANCIAL OVERVIEW
- 11.15.3 PRODUCTS OFFERED
- 11.15.4 KEY DEVELOPMENTS
- 11.15.5 SWOT ANALYSIS
- 11.15.6 KEY STRATEGIES
- 11.16 D SYSTEMS
- 11.16.1 COMPANY OVERVIEW
- 11.16.2 FINANCIAL OVERVIEW
- 11.16.3 PRODUCTS OFFERED
- 11.16.4 KEY DEVELOPMENTS
- 11.16.5 SWOT ANALYSIS
- 11.16.6 KEY STRATEGIES
- 11.17 ABB
- 11.17.1 COMPANY OVERVIEW
- 11.17.2 FINANCIAL OVERVIEW
- 11.17.3 PRODUCTS OFFERED
- 11.17.4 KEY DEVELOPMENTS
- 11.17.5 SWOT ANALYSIS
- 11.17.6 KEY STRATEGIES
- 11.18 SCHNEIDER ELECTRIC
- 11.18.1 COMPANY OVERVIEW
- 11.18.2 FINANCIAL OVERVIEW
- 11.18.3 PRODUCTS OFFERED
- 11.18.4 KEY DEVELOPMENTS
- 11.18.5 SWOT ANALYSIS
- 11.18.6 KEY STRATEGIES
- 11.19 SIEMENS
- 11.19.1 COMPANY OVERVIEW
- 11.19.2 FINANCIAL OVERVIEW
- 11.19.3 PRODUCTS OFFERED
- 11.19.4 KEY DEVELOPMENTS
- 11.19.5 SWOT ANALYSIS
- 11.19.6 KEY STRATEGIES
- 11.20 GENERAL ELECTRIC
- 11.20.1 COMPANY OVERVIEW
- 11.20.2 FINANCIAL OVERVIEW
- 11.20.3 PRODUCTS/SERVICES OFFERED
- 11.20.4 KY DEVELOPMENTS
- 11.20.5 SWOT ANALYSIS
- 11.20.6 KEY STRATEGIES
- 11.21 EMERSON ELECTRIC CO.
- 11.21.1 COMPANY OVERVIEW
- 11.21.2 FINANCIAL OVERVIEW
- 11.21.3 PRODUCTS OFFERED
- 11.21.4 KEY DEVELOPMENTS
- 11.21.5 SWOT ANALYSIS
- 11.21.6 KEY STRATEGIES