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LSH 22.08.03
“Industrial Automation Global Market Report 2022” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global industrial automation market.
This report focuses on industrial automation market which is experiencing strong growth. The report gives a guide to the industrial automation market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Where is the largest and fastest growing market for the industrial automation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Industrial Automation market global report” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider industrial automation market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The industrial automation market section of the report gives context. It compares the industrial automation market with other segments of the industrial automation market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, industrial automation indicators comparison.
Scope
Markets Covered:
- 1) By Component: Industrial Robots; Human Machine Interface (HMI); Industrial Sensors; Control Valves; Other Components
- 2) By Control System: Supervisory Control And Data Acquisition (SCADA); Distributed Control System (DCS); Programmable Logic Controller (PLC); Manufacturing Execution System (MES); Component Lifecycle Management (PLM); Enterprise Resource Planning (ERP); Human Machine Interface (HMI)
- 3) By Industry: Aerospace And Defense; Automotive; Healthcare; Energy And Utilities; Manufacturing; Oil And Gas; Mining; Transportation; Other Industries
- Companies Mentioned: Emerson Electric Co.; General Electric Company; Rockwell Automation Inc.; Schneider Electric SE; Siemens AG
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Executive Summary
Major players in the industrial automation market are: Emerson Electric Co, General Electric Company, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Mitsubishi Electric Corporation, ABB Ltd, Dassault Systemes SE, Honeywell International Incorporation, Omron Corporation, Endress+Hauser AG, Yokogawa Electric Corporation, Danaher Corporation, Fuji Electric Co. Ltd., and Hitachi Ltd.
The global industrial automation market is expected to grow from $164.74 billion in 2021 to $178.88 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The industrial automation market is expected to grow to $250.77 billion in 2026 at a CAGR of 8.8%.
The industrial automation market consists of sales of industrial automation products and services by entities (organizations, sole proprietors, partnerships) that are used to control and monitor a process, machine, or device in a computerized manner that will fulfill repetitive functions or tasks. They are designed to operate automatically to reduce and improve human work in the industry. They are operated using logical programming commands and powerful machinery.
The main components of industrial automation are industrial robots, human-machine interfaces (HMI), industrial sensors, control valves, and other components. Industrial automation uses HMIs to monitor machinery to make sure it's working properly and also, they are helpful in the maintenance of the machinery in the industries. They use various control systems such as supervisory control and data acquisition (SCADA), distributed control system (DCS), programmable logic controller (PLC), Manufacturing Execution System (MES), component lifecycle management (PLM), enterprise resource planning (ERP), and human-machine interface (HMI) that are used by aerospace and defense, automotive, healthcare, energy and utilities, manufacturing, oil and gas, mining, transportation, and other industries.
Asia Pacific was the largest region in the industrial automation market in 2021. The regions covered in the industrial automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The industrial automation market research report is one of a series of new reports from The Business Research Company that provides industrial automation market statistics, including industrial automation industry global market size, regional shares, competitors with a industrial automation market share, detailed industrial automation market segments, market trends and opportunities, and any further data you may need to thrive in the industrial automation industry. This industrial automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The increasing significance of robotics is expected to propel the growth of the industrial automation market. Robotics involves the design, manufacture, and operation of intelligent machines to assist humans. Robotics is being increasingly applied in industrial automation processes to handle various processes and machinery in an industry to increase efficiency, replace manual labor, increase speed, and overall performance. For instance, according to the International Federation of Robotics, a professional non-profit organization, there will be a 12% increase in shipments of robotics units globally between 2020 and 2022. Therefore, the increasing significance of robotics is driving the industrial automation market.
Technological advancements are the key trends gaining popularity in the industrial automation market. Advancements such as the incorporation of AI in robots help them to learn the processes with complete autonomy so that they can even communicate with other robots and humans in some cases. Major players in the market are: focusing on incorporating AI technology in industrial robots to be a leader in the market. For instance, in March 2022, Mitsubishi Electric Corp., Japan-based electronics company disclosed that they will introduce new industrial robotic systems incorporated with its Maisart AI technologies including high-precision speech recognition that would allow operators to fine-tune robot movements as required.
In October 2020, Emerson Electric Co., a US-based manufacturing company acquired the Progea Group for an undisclosed amount. This acquisition will strengthen Emerson's ability to provide customers with visualization and IoT, an integrated package of control to help customers accelerate their digital transformation journey and improve overall equipment efficiency. Also, it will expand its industrial automation control footprint. Progea Group is an Italy-based company that offers automation software.
The countries covered in the industrial automation market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. Table of Contents
1. Executive Summary
2. Industrial Automation Market Characteristics
3. Industrial Automation Market Trends And Strategies
4. Impact Of COVID-19 On Industrial Automation
5. Industrial Automation Market Size And Growth
- 5.1. Global Industrial Automation Historic Market, 2016-2021, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Industrial Automation Forecast Market, 2021-2026F, 2031F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Industrial Automation Market Segmentation
- 6.1. Global Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Industrial Robots
- Human Machine Interface (HMI)
- Industrial Sensors
- Control Valves
- Other Components
- 6.2. Global Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Supervisory Control And Data Acquisition (SCADA)
- Distributed Control System (DCS)
- Programmable Logic Controller (PLC)
- Manufacturing Execution System (MES)
- Component Lifecycle Management (PLM)
- Enterprise Resource Planning (ERP)
- Human Machine Interface (HMI)
- 6.3. Global Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Aerospace And Defense
- Automotive
- Healthcare
- Energy And Utilities
- Manufacturing
- Oil And Gas
- Mining
- Transportation
- Other Industries
7. Industrial Automation Market Regional And Country Analysis
- 7.1. Global Industrial Automation Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 7.2. Global Industrial Automation Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Industrial Automation Market
- 8.1. Asia-Pacific Industrial Automation Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 8.3. Asia-Pacific Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Industrial Automation Market
- 9.1. China Industrial Automation Market Overview
- 9.2. China Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
- 9.3. China Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Industrial Automation Market
- 10.1. India Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 10.2. India Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Industrial Automation Market
- 11.1. Japan Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 11.2. Japan Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Industrial Automation Market
- 12.1. Australia Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 12.2. Australia Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Industrial Automation Market
- 13.1. Indonesia Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 13.2. Indonesia Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Industrial Automation Market
- 14.1. South Korea Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 14.2. South Korea Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Industrial Automation Market
- 15.1. Western Europe Industrial Automation Market Overview
- 15.2. Western Europe Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 15.3. Western Europe Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Industrial Automation Market
- 16.1. UK Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 16.2. UK Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Industrial Automation Market
- 17.1. Germany Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 17.2. Germany Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Industrial Automation Market
- 18.4. France Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 18.5. France Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Industrial Automation Market
- 19.1. Eastern Europe Industrial Automation Market Overview
- 19.2. Eastern Europe Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 19.3. Eastern Europe Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Industrial Automation Market
- 20.1. Russia Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 20.2. Russia Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Industrial Automation Market
- 21.1. North America Industrial Automation Market Overview
- 21.2. North America Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 21.3. North America Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Industrial Automation Market
- 22.1. USA Industrial Automation Market Overview
- 22.2. USA Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 22.3. USA Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Industrial Automation Market
- 23.1. South America Industrial Automation Market Overview
- 23.2. South America Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 23.3. South America Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Industrial Automation Market
- 24.1. Brazil Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 24.2. Brazil Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Industrial Automation Market
- 25.1. Middle East Industrial Automation Market Overview
- 25.2. Middle East Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 25.3. Middle East Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Industrial Automation Market
- 26.1. Africa Industrial Automation Market Overview
- 26.2. Africa Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 26.3. Africa Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Industrial Automation Market Competitive Landscape And Company Profiles
- 27.1. Industrial Automation Market Competitive Landscape
- 27.2. Industrial Automation Market Company Profiles
- 27.2.1. Emerson Electric Co
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. General Electric Company
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Rockwell Automation Inc.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Schneider Electric SE
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Siemens AG
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Industrial Automation Market
29. Industrial Automation Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Research Inquiries
- 30.4. The Business Research Company
- 30.5. Copyright And Disclaimer
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