“Industrial Automation And Control Systems Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on industrial automation and control systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for industrial automation and control systems? 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 and control systems 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.
- 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, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the 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.
- The competitive landscape chapter 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.
Scope
Markets Covered:
- 1) By Component: HMI (Human-Machine Interface); Industrial Robots; Control Valves; Sensors; Other Component
- 2) By Control System: DCS (Distributed Control System); PLC (Programmable Logic Controller); SCADA (Supervisory Control And Data Acquisition)
- 3) By End-User Industry: Aerospace and Defense; Automotive; Chemical; Energy and Utilities; Food and Beverage; Healthcare; Manufacturing; Mining and Metal; Oil and Gas; Transportation
- Companies Mentioned: ABB Ltd.; Emerson Electric Co.; Honeywell International Inc.; Kawasaki Heavy Industries Ltd.; Mitsubishi Electric Corporation
- 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.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the industrial automation and control systems market are ABB Ltd., Emerson Electric Co., Honeywell International Inc., Kawasaki Heavy Industries Ltd., Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yokogawa Electric Corporation, Texas Instruments Inc., Robert Bosch GmbH, Fortive, Ametek EIG, and Phoenix Contact.
The global industrial automation and control systems market is expected to grow from $175.11 billion in 2022 to $194.31 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial automation and control systems market is expected to reach $291.41 billion in 2027 at a CAGR of 10.6%.
The industrial automation and control systems market consists of sales of basic process control systems (BPCS), safety instrumented systems (SIS), safety sensors, safety actuators, and robot systems. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Industrial automation and control systems refer to the use of autonomous systems to control machinery and processes in numerous industries through the use of technology such as robots and computer software. It improves productivity, quality, and system performance, that lowers operational expenses.
Asia-Pacific was the largest region in the industrial automation and control systems market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in industrial automation and control systems report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main components of industrial automation and control systems are HMI (human-machine interface), industrial robots, control valves, sensors, and others. A human-machine interface (HMI) is a user interface or dashboard that links a person to a machine, system, or device. It is available in various control systems such as DCS (Distributed Control System), PLC (Programmable Logic Controller), and SCADA (Supervisory Control and Data Acquisition) for end-user industries such as aerospace and defense, automotive, chemical, energy, and utilities, food and beverage, healthcare, manufacturing, mining and metal, oil and gas, and transportation.
The increasing adoption of automation is expected to propel the growth of the industrial automation and control systems market going forward. Automation describes technical applications that require less human involvement. This includes personal applications like home automation, business process automation (BPA), and information technology automation. Industrial automation and control systems are utilized to improve precision and overall factory operations by using computer software and robotics to operate machinery and processes that substitute humans in executing specific duties. For instance, in November 2021, according to Association for Advancing Automation, Robot orders increased 67% in the second quarter of 2021 compared to the same period in 2020, indicating a return to pre-COVID-19 pandemic demand for automation in manufacturing. In Q2 2021, North American companies ordered 9,853 robots for $501 million, up from 5,196 sold in Q2 2020. Therefore, the increasing adoption of automation is driving the growth of the industrial automation and control systems market.
Technological advancement is a key trend gaining popularity in the industrial automation and control systems market. Major companies operating in industrial automation and control systems are focused on developing innovative solutions to strengthen their position in the market. For instance, in September 2021, Honeywell International Inc., a US-based multinational conglomerate corporation, introduced a smart flexible depalletizer, which is a new robotic technology, to help industrial automation warehouses boost productivity and reduce injuries. This technology solution offers the latest in machine learning and gripping technologies to help unload pallets without requiring any pre-programming or operator intervention.
In April 2021, Accenture plc, an Ireland-based professional information technology services corporation, acquired Pollux for an undisclosed amount. Through this acquisition, Accenture plc. aims to expand its capabilities for clients in the consumer goods, pharmaceutical, and automotive industries seeking to make their factories, plants, and supply chains more productive, safe, and sustainable, as well as accelerate its industrial automation services at a global level. Pollux is a Brazil-based industrial automation company that provides industrial robotics and automation solutions.
The countries covered in the industrial automation and control systems market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The Industrial automation and control systems market research report is one of a series of new reports from. The Business Research Company that provides Industrial automation and control systems market statistics, including Industrial automation and control systems industry global market size, regional shares, competitors with a Industrial automation and control systems market share, detailed Industrial automation and control systems market segments, market trends and opportunities, and any further data you may need to thrive in the Industrial automation and control systems industry. This Industrial automation and control systems 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.
Table of Contents
1. Executive Summary
2. Industrial Automation And Control Systems Market Characteristics
3. Industrial Automation And Control Systems Market Trends And Strategies
4. Industrial Automation And Control Systems Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Industrial Automation And Control Systems Market
- 4.2. Ukraine-Russia War Impact On Industrial Automation And Control Systems Market
- 4.3. Impact Of High Inflation On Industrial Automation And Control Systems Market
5. Industrial Automation And Control Systems Market Size And Growth
- 5.1. Global Industrial Automation And Control Systems Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Industrial Automation And Control Systems Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Industrial Automation And Control Systems Market Segmentation
- 6.1. Global Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- HMI (Human-Machine Interface)
- Industrial Robots
- Control Valves
- Sensors
- Other Component
- 6.2. Global Industrial Automation And Control Systems Market, Segmentation By Control System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- DCS (Distributed Control System)
- PLC (Programmable Logic Controller)
- SCADA (Supervisory Control And Data Acquisition)
- 6.3. Global Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Aerospace and Defense
- Automotive
- Chemical
- Energy and Utilities
- Food and Beverage
- Healthcare
- Manufacturing
- Mining and Metal
- Oil and Gas
- Transportation
- Other End Users
7. Industrial Automation And Control Systems Market Regional And Country Analysis
- 7.1. Global Industrial Automation And Control Systems Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Industrial Automation And Control Systems Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Industrial Automation And Control Systems Market
- 8.1. Asia-Pacific Industrial Automation And Control Systems 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 And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Industrial Automation And Control Systems Market
- 9.1. China Industrial Automation And Control Systems Market Overview
- 9.2. China Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Industrial Automation And Control Systems Market
- 10.1. India Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Industrial Automation And Control Systems Market
- 11.1. Japan Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Industrial Automation And Control Systems Market
- 12.1. Australia Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Industrial Automation And Control Systems Market
- 13.1. Indonesia Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Industrial Automation And Control Systems Market
- 14.1. South Korea Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Industrial Automation And Control Systems Market
- 15.1. Western Europe Industrial Automation And Control Systems Market Overview
- 15.2. Western Europe Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Industrial Automation And Control Systems Market
- 16.1. UK Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Industrial Automation And Control Systems Market
- 17.1. Germany Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Industrial Automation And Control Systems Market
- 18.1. France Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Industrial Automation And Control Systems Market
- 19.1. Eastern Europe Industrial Automation And Control Systems Market Overview
- 19.2. Eastern Europe Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Industrial Automation And Control Systems Market
- 20.1. Russia Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Industrial Automation And Control Systems Market
- 21.1. North America Industrial Automation And Control Systems Market Overview
- 21.2. North America Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Industrial Automation And Control Systems Market
- 22.1. USA Industrial Automation And Control Systems Market Overview
- 22.2. USA Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Industrial Automation And Control Systems Market
- 23.1. South America Industrial Automation And Control Systems Market Overview
- 23.2. South America Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Industrial Automation And Control Systems Market
- 24.1. Brazil Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Industrial Automation And Control Systems Market
- 25.1. Middle East Industrial Automation And Control Systems Market Overview
- 25.2. Middle East Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Industrial Automation And Control Systems Market
- 26.1. Africa Industrial Automation And Control Systems Market Overview
- 26.2. Africa Industrial Automation And Control Systems Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Industrial Automation And Control Systems Market, Segmentation By End-User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Industrial Automation And Control Systems Market Competitive Landscape And Company Profiles
- 27.1. Industrial Automation And Control Systems Market Competitive Landscape
- 27.2. Industrial Automation And Control Systems Market Company Profiles
- 27.2.1. ABB Ltd.
- 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. Emerson Electric Co.
- 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. Honeywell International 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. Kawasaki Heavy Industries Ltd.
- 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. Mitsubishi Electric Corporation
- 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 And Control Systems Market
29. Industrial Automation And Control Systems Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer