Industrial Control & Factory Automation Market by Component, Solution (SCADA, PLC, DCS, MES, Industrial Safety, PAM), Industry (Process Industry and Discrete Industry) and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027
[342 Pages Report] The global Industrial automation market & factory automation market size is estimated to be USD 147.9 billion in 2022 and is projected to reach USD 218.8 billion by 2027, at a CAGR of 8.2%.
Increasing number of government initiatives to promote industrial automation worldwide, rising adoption of IoT and AI in industrial environments, and increasing demand for better efficiency and higher productivity are the major factors driving the growth of the industry control market.
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Latest technological Trends in Industry Control Market & Factory Automation Market
Rising demand for Augmented Reality (AR) technology
Augmented reality enhances the perception and presentation of a real-life situation. It involves using a technology to overlay digital information on an image of something that is being viewed through a compatible device, such as a smartphone camera, HMI, or smart goggles. Usually, these devices are voice-controlled, making the wearer a hands-free user. The alignment of machine learning and physics-based modeling enables engineers to create an entire augmented reality (AR) experience that shows technicians in the factory the process to service the factory floor machine. Companies are increasingly using augmented reality (AR) on the shop floor of the factory to boost production activity and improve the production processes.
The incorporation of augmented reality in industrial processes has boosted worker productivity. For example, workers at GE Healthcare warehouse use Skylight, an industrial augmented reality application platform from Upskill, which is used to kit and completely pick list orders up to 46% faster. Upskill claims that Skylight customers are reporting an increase of 32% in average industrial workforce performance.
Industrial Control & Factory Automation Market Dynamics
DRIVERS: Government initiatives to promote industrial automation
Across the world governments are supporting the development of industries to ensure the holistic development of their countries. This has led to the adoption of various automation and communication components and technologies for the structural development of industries. Governments are focusing on the expansion of process and discrete industries. For instance, the Government of Singapore has partnered with various associations such as the Singapore Food Manufacturing Association (SFMA) and the Food Innovation Resource Centre to adopt the latest automation solutions such as SCADA, PLC, DCS, robots, and cables in the food & beverage industry. The Government of India’s national manufacturing policy (NMP) is driving the development of the country’s manufacturing sector. The Government of India has also undertaken initiatives, such as the Make in India policy, to encourage companies to implement automation in their manufacturing plants.
RESTRAINT: Fluctuations in end-use industries
According to the BP Statistical Review of World Energy 2021, the oil price averaged at USD 41.84/bbl in 2020, which is the lowest since 2004. Global oil consumption fell by a record 9.1 million barrels per day (b/d) or 9.3%, the lowest since 2011. Oil demand fell across major economies such as the US, the entire European Union (EU), and India. Global oil production shrank by 6.6 million b/d. Consequently, refinery utilization fell by a record 8.0 percentage points to 74.1%, the lowest since 1985. There is a growing shortage of semiconductor chips in the market, mainly due to the continuing trade war between the US and China, which is adversely affecting the manufacturing of variety of products and equipment, including electronic products. Other major geopolitical events such as the Russia-Ukraine war and relocation of major manufacturing hubs from China to other countries, has disrupted the entire supply chain.
Field instruments and other factory automation solutions are widely used across industries such as oil & gas and semiconductor & electronics for multiple applications including measurement of process parameters such as pressure, level, and flow of oil and gas; thus, any effect on the global petroleum and semiconductor market is consequently expected to impact the growth of the industrial control & factory automation market.
OPPORTUNITIES: Adoption of Industry 4.0 principles for manufacturing
The industry control market is growing rapidly owing to the adoption of Industry 4.0 principles in the manufacturing, oil & gas, food & beverage, chemical, and automotive industries. Most processes and systems in the manufacturing sector are being automated with the adoption of Industry 4.0, which allows production units to operate 24/7 with zero human errors. This decreases the total production cycle time, as well as maintains the quality of processes, right from the raw material procurement stage to the development of final products. Machines deployed in manufacturing plants can be operated and controlled by automation solutions such as SCADA, HMI, DCS, and PLC.
Industry 4.0 is a combination of cyber-physical systems, IoT, and cloud computing. It supports the manufacturing industry by enabling remote manufacturing operations, as well as intelligent collection of data in real time. Industry 4.0 enables improvement in operational efficiency, productivity, product quality, asset utilization, supply chain management, workplace safety, and environmental sustainability. Thus, the adoption of Industry 4.0 principles for automation in a number of industries is expected to create lucrative opportunities for market players during the forecast period.
CHALLENGES: Lack of skilled workforce to operate industrial automation devices and systems
Only skilled personnel can operate industrial automation devices and systems as the complexity of the manufacturing processes can be misinterpreted by unskilled personnel, thereby leading to errors and faults. Limited availability of appropriate content, human resources, and financial resources; usability issues; and technical difficulties can hinder the operation of industrial automation devices . Thus, the lack of expertise acts as a barrier to the adoption of automation in many industries. It also acts as a challenge for the growth of the industrial control & factory automation market.
National Council for Advanced Manufacturing (NACFAM) is a US-based organization that has adopted the strategies of technological innovations, supply chain integration, sustainable manufacturing, and talent development for advanced manufacturing. According to NACFAM, some small and medium-sized enterprises (SMEs) are unable to support the defense industry owing to the lack of expertise resulting from limited knowledge about new and advanced technologies. This ultimately hampers the automation of the defense industry.
Industrial sensors held the largest share of the industrial control & factory automation market
The growth of the industrial sensors segment is driven by the growing adoption of Industry 4.0 and IIoT and the expansion of the wireless sensors market. Predictive maintenance is expected to offer lucrative opportunities to players operating in the industrial sensors market in the coming years. It involves capturing sensor data, facilitating data communications, and making predictions. As the sensor is an important part of predictive maintenance solutions, the demand for industrial sensors is expected to increase significantly in the coming years.
DCS held the largest share of the Industrial Automation Market
The DCS segment is projected to account for the largest size of industrial automation market during the forecast period. The growth of this segment can be attributed to the rapid industrialization in emerging economies. Developing countries have expansion and capacity addition plans related to their power sector, which is expected to fuel the demand for DCS during the forecast period.
Among process industries, the oil & gas industry held the largest share of the industrial control & factory automation market
Industrial control and factory automation technologies enable the operators in the oil & gas industry to monitor facilities remotely and gain knowledge about the daily status of inventories and equipment used. Remote monitoring enables remote collection of the equipment data. It also reduces risks and improves the safety and efficiency of the workforce.
Asia Pacific held the largest share of the Industrial Automation Market
The Industrial Automation Market in Asia Pacific held the largest share (35.9%) of the overall market in 2021. The growth of the market in this region can be attributed to the increasing adoption of industrial automation technologies, especially across China and India. The growth of the market in China stems from the increase in labor wages and the presence of a large number of automobile manufacturing plants in the country.
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Key Market Players
The industrial control & factory automation market is dominated by a few globally established players such as Honeywell (US), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), and Rockwell Automation (US).
Industrial Automation Market Report Scope
|
Report Metric |
Details |
| Estimated Market Size | USD 147.9 Billion |
| Projected Market Size | USD 218.8 Billion |
| Growth Rate | CAGR of 8.2% |
|
Market size available for years |
2022–2027 |
|
On Demand Data Available |
2030 |
|
Report Coverage |
|
|
Segments covered |
|
|
Geographies covered |
|
|
Companies covered |
|
| Key Market Driver | Increase in Government Initiatives to Promote Industrial Automation |
| Largest Growing Region | Asia Pacific (APAC) |
| Largest Market Share Segment | Industrial Sensors and DSC Segment |
| Highest CAGR Segment | Industrial 3D Printing and PAM Segment |
This research report segments the industrial control & factory automation market based on component, solution, industry, and region.
Based on Component, the Industrial Automation Market been Segmented as follows:
- Industrial Robots
- Machine Vision
- Process Analyzer
- Field Instruments
- Human Machine Interface
- Industrial PC
- Industrial Sensors
- Industrial 3D Printing
- Vibration Monitoring
Based on Solution, the Factory Automation Market been Segmented as follows:
- SCADA
- PLC
- DCS
- MES
- Industrial Safety
- PAM
Based on Industry, the Industry Control Market been Segmented as follows:
- Process Industry
- Discrete Industry
- By Region:
- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)
Recent Developments
- In June 2022, Dwyer Instruments introduced the Series 685 differential pressure transmitter targeted for installers and maintenance professionals. They feature a user-configurable response time and can be mounted in any orientation. They do not require any separate calibration devices.
- In April 2022, Yokogawa introduced the OpreX Vortex Flowmeter VY Series. These flowmeters are designed to handle a wider range of temperatures, fluid types, and pressure. They have the ability to perform precise temperature and pressure-compensated calculations by utilizing the data from pressure gauges and readings from a built-in temperature sensor.
- In March 2022, Emerson launched MTConnect, an industrial control platform driver for enabling easy integration of computer numerical control (CNC) machines with modern data analysis automation environments. This allows collection of data from machines, robots, tools, and devices, which could not previously be cumulatively analyzed in one platform. The new driver offers reduced downtime, improved efficiency, and increased productivity.
- In January 2022, Endress+hauser launched the Prosonic Flow W 400 flowmeter which combines ultrasonic measurement technology with Endress+Hauser’s Proline device series. They can be used for parameter measurements of numerous fluids across industries such as water and wastewater treatment and energy and power. They feature the Heartbeat Technology for device verification during operation without process interruption.
Frequently Asked Questions (FAQs):
What is the total CAGR expected to be recorded for the industrial control & factory automation market during 2022-2027?
The global industrial control & factory automation market is expected to record a CAGR of 8.2% from 2022–2027.
What are the driving factors for the industrial control & factory automation market?
Emergence of connected enterprises, rising emphasis on optimum utilization of resources, and increasing adoption of IoT and AI in industrial environments are key driving factors.
Which are the significant players operating in the industrial control & factory automation market?
Honeywell (US), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), and Emerson (US) are some of the major companies operating in the industrial control & factory automation market.
Which region will lead the industrial control & factory automation market in the future?
Asia Pacific is expected to lead the industrial control & factory automation market during the forecast period.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 42)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.3 INCLUSIONS AND EXCLUSIONS
TABLE 1 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: INCLUSIONS AND EXCLUSIONS
1.4 STUDY SCOPE
1.4.1 MARKETS COVERED
FIGURE 1 INDUSTRY CONTROL MARKET: SEGMENTATION
FIGURE 2 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: REGIONAL SCOPE
1.4.2 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 48)
2.1 RESEARCH DATA
FIGURE 3 INDUSTRIAL AUTOMATION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY-SIDE): REVENUE GENERATED BY COMPANIES FROM INDUSTRIAL SAFETY MARKET
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Arriving at market size through bottom-up approach (demand-side)
FIGURE 5 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Arriving at market size through top-down approach (supply-side)
FIGURE 6 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 ASSUMPTIONS
FIGURE 8 ASSUMPTIONS FOR RESEARCH STUDY
2.5 LIMITATIONS AND RISK ASSESSMENT
TABLE 2 LIMITATIONS AND ASSOCIATED RISKS
3 EXECUTIVE SUMMARY (Page No. - 60)
FIGURE 9 KEY STAGES IN ADOPTION OF INDUSTRIAL CONTROL & FACTORY AUTOMATION
FIGURE 10 INDUSTRIAL SENSORS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 11 DCS SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
FIGURE 12 PROCESS INDUSTRY SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC MARKET TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 65)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRY CONTROL MARKET
FIGURE 14 GROWING EMPHASIS ON INDUSTRIAL AUTOMATION AND OPTIMUM UTILIZATION OF RESOURCES TO DRIVE GROWTH OF INDUSTRIAL AUTOMATION MARKET
4.2 INDUSTRIAL AUTOMATION MARKET, BY COMPONENT
FIGURE 15 INDUSTRIAL 3D PRINTING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.3 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY SOLUTION
FIGURE 16 PAM SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.4 MARKET, BY INDUSTRY
FIGURE 17 DISCRETE INDUSTRY SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
4.5 MARKET, BY REGION
FIGURE 18 US ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2021
5 MARKET OVERVIEW (Page No. - 68)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Emergence of connected enterprises
5.2.1.2 Government initiatives to promote industrial automation
5.2.1.3 Adoption of IoT and AI in industrial environments
5.2.1.4 Emphasis on optimum utilization of resources and improved efficiency
5.2.1.5 Increasing integration of machine vision systems with deep learning
FIGURE 20 DRIVERS FOR MARKET AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 Significant initial capital investment and subsequent investment for maintenance
5.2.2.2 Fluctuations in end-use industries
5.2.2.3 Inability of components to achieve human-like performance
5.2.2.4 Lack of awareness of benefits
FIGURE 21 RESTRAINTS FOR INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of Industry 4.0 principles for manufacturing
5.2.3.2 Increased demand for safety compliance automation solutions
5.2.3.3 Rising need for augmented reality and virtual reality technologies
FIGURE 22 OPPORTUNITIES FOR MARKET AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Absence of standardization in industrial communication protocols and interfaces
5.2.4.2 Lack of skilled workforce to operate industrial automation devices and systems
5.2.4.3 Rising instances of automated cyberattacks
5.2.4.4 Less precise systems due to differences between simulations and real life
5.2.4.5 Complexity in deployment of industrial control & factory automation solutions
FIGURE 23 CHALLENGES FOR INDUSTRY CONTROL MARKET AND THEIR IMPACT
5.3 VALUE CHAIN ANALYSIS
FIGURE 24 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 25 INDUSTRY CONTROL MARKET: ECOSYSTEM
TABLE 3 COMPANIES AND THEIR ROLE IN INDUSTRY ECOSYSTEM
5.5 PRICING ANALYSIS
TABLE 4 AVERAGE SELLING PRICE OF COMPONENTS OF INDUSTRIAL SAFETY SYSTEMS OFFERED BY TOP COMPANIES, 2021
TABLE 5 INDICATIVE PRICES OF COMPONENTS OF INDUSTRIAL SAFETY SYSTEMS
5.5.1 AVERAGE SELLING PRICE OF COMPONENTS OFFERED BY KEY PLAYERS
FIGURE 26 AVERAGE SELLING PRICE OF COMPONENTS OFFERED BY KEY PLAYERS
TABLE 6 AVERAGE SELLING PRICE OF COMPONENTS OFFERED BY KEY PLAYERS (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 TECHNOLOGY ANALYSIS : INDUSTRIAL AUTOMATION MARKET
5.7.1 ARTIFICIAL INTELLIGENCE
5.7.2 AUGMENTED REALITY
5.7.3 BLOCKCHAIN
5.7.4 5G
5.7.5 PREDICTIVE MAINTENANCE
5.7.6 SMART ENERGY MANAGEMENT
5.7.7 EDGE COMPUTING
5.7.8 PREDICTIVE SUPPLY CHAIN
5.7.9 CYBERSECURITY
5.7.10 DIGITAL TWIN
5.7.11 IOT
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 7 INDUSTRIAL AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 KEY STAKEHOLDERS & BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES
5.9.2 BUYING CRITERIA
FIGURE 28 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
TABLE 9 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
5.10 CASE STUDY
5.10.1 WORLD WIDE FITTINGS, INC. ADOPTS MITSUBISHI ELECTRIC’S INDUSTRIAL ROBOTICS TO STREAMLINE OPERATIONS
5.10.2 BOMBARDIER TRANSPORTATION SELECTS ABB TO PROVIDE SCADA SYSTEM FOR BANGKOK’S MONORAIL PROJECT
5.10.3 COOPER TIRE ADOPTS ROCKWELL AUTOMATION’S MES SOLUTION FOR GREATER EFFICIENCY
5.10.4 RIO TINTO USES ROCKWELL AUTOMATION’S PROCESS CONTROL SYSTEM (PCS) FOR SEAMLESS INTEGRATION OF CRITICAL MINE PROCESSES
5.10.5 ARKEMA GROUP UPGRADES SYSTEMS WITH ABB’S SYSTEM 800XA ARCHITECTURE
5.11 TRADE ANALYSIS
FIGURE 29 IMPORT DATA FOR INDUSTRIAL ROBOTS, 2017–2021 (USD MILLION)
FIGURE 30 EXPORT DATA FOR INDUSTRIAL ROBOTS, 2017–2021 (USD MILLION)
5.12 PATENTS ANALYSIS
FIGURE 31 NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 2021
FIGURE 32 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 10 TOP PATENT OWNERS IN LAST 10 YEARS (US)
5.12.1 MAJOR PATENTS
5.13 KEY CONFERENCES & EVENTS, 2022–2023
TABLE 11 INDUSTRY CONTROL MARKET: CONFERENCES & EVENTS
5.14 DIGITALIZATION IN INDUSTRIAL AUTOMATION MARKET
5.15 TARIFF AND REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 STANDARDS
TABLE 16 MAJOR COMMUNICATION STANDARDS FOR SCADA SYSTEMS
TABLE 17 INDUSTRIAL SAFETY STANDARDS
6 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COMPONENT (Page No. - 105)
6.1 INTRODUCTION
FIGURE 33 INDUSTRY CONTROL MARKET, BY COMPONENT
FIGURE 34 INDUSTRIAL 3D PRINTING TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 18 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 19 INDUSTRIAL AUTOMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
6.2 INDUSTRIAL ROBOTS
6.2.1 RISING NEED FOR ROBOTS TO IMPROVE PRODUCTIVITY AND EFFICIENCY
6.2.2 TRADITIONAL INDUSTRIAL ROBOTS
6.2.2.1 Articulated robot
6.2.2.1.1 High payload capacity and reliability
6.2.2.2 Cartesian robot
6.2.2.2.1 Simple to control and easy to program
6.2.2.3 Selective compliance assembly robot arm (SCARA)
6.2.2.3.1 Best price-to-performance ratio
6.2.2.4 Parallel robot
6.2.2.4.1 Well-suited to high-speed applications
6.2.2.5 Other robots
6.2.3 COLLABORATIVE ROBOTS
6.2.3.1 Designed to safely work alongside humans
TABLE 20 INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 21 INDUSTRIAL ROBOTS: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 22 INDUSTRIAL ROBOTS: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 23 INDUSTRIAL ROBOTS: MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 24 TRADITIONAL INDUSTRIAL ROBOTS: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 25 TRADITIONAL INDUSTRIAL ROBOTS: MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 26 INDUSTRIAL ROBOTS: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 27 INDUSTRIAL ROBOTS: INDUSTRY CONTROL MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 28 INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 29 INDUSTRIAL ROBOTS: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 30 INDUSTRIAL ROBOTS: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 31 INDUSTRIAL ROBOTS: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 32 INDUSTRIAL ROBOTS: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 33 INDUSTRIAL ROBOTS: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 34 INDUSTRIAL ROBOTS: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 35 INDUSTRIAL ROBOTS: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.3 MACHINE VISION SYSTEMS
6.3.1 GROWING NEED FOR INSPECTION OF MANUFACTURED PARTS
TABLE 36 MACHINE VISION SYSTEMS: MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 37 MACHINE VISION SYSTEMS: MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 38 MACHINE VISION SYSTEMS: MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 39 MACHINE VISION SYSTEMS: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 40 MACHINE VISION SYSTEMS: INDUSTRY CONTROL MARKET, BY HARDWARE, 2018–2021 (USD MILLION)
TABLE 41 MACHINE VISION SYSTEMS: MARKET, BY HARDWARE, 2022–2027 (USD MILLION)
TABLE 42 MACHINE VISION SYSTEMS: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 43 MACHINE VISION SYSTEMS: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 44 MACHINE VISION SYSTEMS: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 45 MACHINE VISION SYSTEM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 46 MACHINE VISION SYSTEM: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 47 MACHINE VISION SYSTEM: INDUSTRIAL AUTOMATION MARKET, BY REGION, 2022–2027 (USD MILLION)
6.3.2 CAMERAS
6.3.2.1 Analog camera
6.3.2.1.1 Growing demand for security and surveillance
6.3.2.2 Digital camera
6.3.2.2.1 Increasing need for high-resolution cameras
6.3.2.3 Smart camera
6.3.2.3.1 Provides simultaneous image capturing and real-time information
6.3.3 FRAME GRABBERS, OPTICS, AND LED LIGHTING
6.3.3.1 Processors and software
6.3.3.1.1 Integral parts of machine vision systems
6.4 PROCESS ANALYZERS
6.4.1 RISING DEMAND FOR LIQUID AND GAS ANALYZERS ACROSS PROCESS INDUSTRIES
TABLE 48 PROCESS ANALYZERS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 49 PROCESS ANALYZERS: MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 50 LIQUID ANALYZER: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 51 LIQUID ANALYZER: INDUSTRY CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 52 GAS ANALYZER: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 53 GAS ANALYZER: MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 54 PROCESS ANALYZERS: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 55 PROCESS ANALYZERS: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 56 PROCESS ANALYZERS: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 57 PROCESS ANALYZERS: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 58 PROCESS ANALYZERS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 59 PROCESS ANALYZERS: INDUSTRIAL AUTOMATION MARKET, BY REGION, 2022–2027 (USD MILLION)
6.5 FIELD INSTRUMENTS
6.5.1 GROWING NEED TO MONITOR PARAMETERS
6.5.2 FLOWMETER
6.5.2.1 Increasing use in water & wastewater and chemical industries
6.5.3 TRANSMITTER
6.5.3.1 Facilitates quick response time and efficient communication
TABLE 60 TYPES OF TRANSMITTERS USED IN FIELD INSTRUMENTS
6.5.3.2 Pressure transmitter
6.5.3.2.1 Growing use in chemicals and pharmaceutical industries
6.5.3.3 Temperature transmitter
6.5.3.3.1 Versatile field instrument for use across industries
6.5.3.4 Level transmitter
6.5.3.4.1 Increasing adoption in oil & gas and chemical industries
TABLE 61 FIELD INSTRUMENTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 62 FIELD INSTRUMENTS: INDUSTRY CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 63 FIELD INSTRUMENTS: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 64 FIELD INSTRUMENTS: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 65 FIELD INSTRUMENTS: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 66 FIELD INSTRUMENTS: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.6 HUMAN-MACHINE INTERFACE (HMI)
6.6.1 ENHANCES EFFICIENCY AND IMPROVES RELIABILITY OF MACHINES
TABLE 67 HMI: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 68 HMI: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 69 HMI: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 70 HMI: INDUSTRIAL AUTOMATION MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 71 HMI: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 72 HMI: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.7 INDUSTRIAL PC
6.7.1 RISING DEMAND DUE TO EXPANDIBILITY
TABLE 73 INDUSTRIAL PC: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 74 INDUSTRIAL PC: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 75 INDUSTRIAL PC: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 76 INDUSTRIAL PC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 77 INDUSTRIAL PC: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 78 INDUSTRIAL PC: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.8 INDUSTRIAL SENSORS
6.8.1 ENSURE CONNECTIVITY IN MANUFACTURING PLANTS
6.8.2 INDUSTRIAL SENSORS, BY TYPE
6.8.2.1 Wired industrial sensors
6.8.2.2 Wireless industrial sensors
TABLE 79 INDUSTRIAL SENSORS: MARKET, BY SENSOR TYPE, 2018–2021 (USD MILLION)
TABLE 80 INDUSTRIAL SENSORS: MARKET, BY SENSOR TYPE, 2022–2027 (USD MILLION)
TABLE 81 INDUSTRIAL SENSORS: MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 82 INDUSTRIAL SENSORS: MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 83 INDUSTRIAL SENSORS: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 84 INDUSTRIAL SENSORS: INDUSTRIAL AUTOMATION MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 85 INDUSTRIAL SENSORS: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 86 INDUSTRIAL SENSORS: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 87 INDUSTRIAL SENSORS: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 88 INDUSTRIAL SENSORS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2022–2027 (USD MILLION)
6.9 INDUSTRIAL 3D PRINTING
6.9.1 IDEAL FOR MANUFACTURING PARTS WITH COMPLEX DESIGNS
TABLE 89 INDUSTRIAL 3D PRINTING: MARKET, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 90 INDUSTRIAL 3D PRINTING: MARKET, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 91 INDUSTRIAL 3D PRINTING: MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 92 INDUSTRIAL 3D PRINTING: MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 93 INDUSTRIAL 3D PRINTING: MARKET, BY PROCESS, 2018–2021 (USD MILLION)
TABLE 94 INDUSTRIAL 3D PRINTING: MARKET, BY PROCESS, 2022–2027 (USD MILLION)
TABLE 95 INDUSTRIAL 3D PRINTING: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 96 INDUSTRIAL 3D PRINTING: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 97 INDUSTRIAL 3D PRINTING: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 98 INDUSTRIAL 3D PRINTING: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 99 INDUSTRIAL 3D PRINTING: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 100 INDUSTRIAL 3D PRINTING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2022–2027 (USD MILLION)
6.1 VIBRATION MONITORING
6.10.1 HIGH DEMAND IN OIL & GAS INDUSTRY TO MONITOR CRITICAL EQUIPMENT
TABLE 101 VIBRATION MONITORING: INDUSTRIAL AUTOMATION MARKET, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 102 VIBRATION MONITORING: MARKET, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 103 VIBRATION MONITORING: MARKET, BY MONITORING PROCESS, 2018–2021 (USD MILLION)
TABLE 104 VIBRATION MONITORING: MARKET, BY MONITORING PROCESS, 2022–2027 (USD MILLION)
TABLE 105 VIBRATION MONITORING: INDUSTRY CONTROL MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 106 VIBRATION MONITORING: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 107 VIBRATION MONITORING: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 108 VIBRATION MONITORING: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 109 VIBRATION MONITORING: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 110 VIBRATION MONITORING: MARKET, BY REGION, 2022–2027 (USD MILLION)
7 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY SOLUTION (Page No. - 152)
7.1 INTRODUCTION
FIGURE 35 INDUSTRIAL AUTOMATION MARKET, BY SOLUTION
FIGURE 36 PAM SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 111 FUNCTIONS OF SOLUTIONS USED IN MANUFACTURING INDUSTRIES
TABLE 112 MARKET, BY SOLUTION, 2018–2021 (USD MILLION)
TABLE 113 MARKET, BY SOLUTION, 2022–2027 (USD MILLION)
7.2 SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)
7.2.1 RISING ADOPTION FOR REMOTE CONTROL OF OPERATIONS
FIGURE 37 SCOPE OF SCADA IN MARKET
TABLE 114 SCADA: MARKET, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 115 SCADA: INDUSTRY CONTROL MARKET, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 116 SCADA: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 117 SCADA: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 118 SCADA: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 119 SCADA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 120 SCADA: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 121 SCADA: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3 PROGRAMMABLE LOGIC CONTROLLER (PLC)
7.3.1 GROWING INTEGRATION OF FUNCTIONS WITH PLC PLATFORMS
FIGURE 38 ADVANTAGES OF PLC
TABLE 122 PLC: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 123 PLC: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 124 PLC: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 125 PLC: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 126 PLC: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 127 PLC: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.4 DISTRIBUTED CONTROL SYSTEM (DCS)
7.4.1 RISING DEMAND FOR DCS TO INCREASE PRODUCTION EFFICIENCY ACROSS INDUSTRIES
FIGURE 39 BENEFITS OF DCS IN INDUSTRIAL PLANTS
TABLE 128 DCS SYSTEMS OFFERED BY VARIOUS COMPANIES
TABLE 129 BENCHMARKING OF TOP 3 COMPANIES IN DCS MARKET
TABLE 130 DCS: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 131 DCS: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 132 DCS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 133 DCS: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 134 DCS: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 135 DCS: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.5 MANUFACTURING EXECUTION SYSTEM (MES)
7.5.1 OFFERS COST SAVINGS AND OPTIMIZATION OF OPERATIONS
TABLE 136 MES: MARKET, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 137 MES: MARKET, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 138 MES: MARKET, BY DEPLOYMENT, 2018–2021 (USD MILLION)
TABLE 139 MES: MARKET, BY DEPLOYMENT, 2022–2027 (USD MILLION)
TABLE 140 MES: INDUSTRY CONTROL MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 141 MES: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 142 MES: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 143 MES: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 144 MES: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 145 MES: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.6 INDUSTRIAL SAFETY
7.6.1 RISING NEED TO PREVENT HAZARDS AND RISKS ACROSS INDUSTRIES
TABLE 146 SAFETY-RELATED STANDARDS
TABLE 147 INDUSTRIAL SAFETY: INDUSTRIAL AUTOMATION MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 148 INDUSTRIAL SAFETY: INDUSTRIAL AUTOMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 149 INDUSTRIAL SAFETY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 150 INDUSTRIAL SAFETY: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 151 INDUSTRIAL SAFETY: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 152 INDUSTRIAL SAFETY: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 153 INDUSTRIAL SAFETY: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 154 INDUSTRIAL SAFETY: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.7 PLANT ASSET MANAGEMENT (PAM)
7.7.1 INCREASED ADOPTION TO REDUCE DOWNTIME AND WASTAGE IN MANUFACTURING PLANTS
TABLE 155 PAM: MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 156 PAM: MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
TABLE 157 PAM: MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 158 PAM: MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 159 PAM: MARKET FOR PAM, BY REGION, 2018–2021 (USD MILLION)
TABLE 160 PAM: MARKET FOR PAM, BY REGION, 2022–2027 (USD MILLION)
8 INDUSTRY CONTROL MARKET, BY INDUSTRY (Page No. - 181)
8.1 INTRODUCTION
FIGURE 40 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRY
FIGURE 41 DISCRETE INDUSTRY SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
TABLE 161 MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 162 MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.2 PROCESS INDUSTRY
FIGURE 42 METALS & MINING INDUSTRY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 163 MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)
TABLE 164 MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)
8.2.1 OIL & GAS
8.2.1.1 Growing adoption of automation solutions at offshore locations
8.2.2 CHEMICAL
8.2.2.1 Need for enhanced safety and efficiency in production process
8.2.3 PULP & PAPER
8.2.3.1 Surging demand to optimize processes
8.2.4 PHARMACEUTICAL
8.2.4.1 Growing need to standardize manufacturing processes
8.2.5 METALS & MINING
8.2.5.1 Increasing deployment of automation to boost productivity and enhance workforce safety
8.2.6 FOOD & BEVERAGE
8.2.6.1 Growing need for improved material handling and lower production costs
8.2.7 ENERGY & POWER
8.2.7.1 Increasing adoption of automation for greater efficiency
8.2.8 OTHERS
8.3 DISCRETE INDUSTRY
FIGURE 43 MEDICAL DEVICE INDUSTRY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 165 MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 166 MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)
8.3.1 AUTOMOTIVE
8.3.1.1 Increasing demand for automation to enhance safety
8.3.2 MACHINE MANUFACTURING
8.3.2.1 Use of automated processes to reduce manufacturing time
8.3.3 SEMICONDUCTOR & ELECTRONICS
8.3.3.1 Demand for smart manufacturing techniques to meet diverse customer requirements
8.3.4 AEROSPACE & DEFENSE
8.3.4.1 Growing need for real-time visibility of manufacturing processes
8.3.5 MEDICAL DEVICE
8.3.5.1 Rising preference for innovative industrial control & factory automation solutions
8.3.6 OTHERS
9 INDUSTRIAL CONTROL AND FACTORY AUTOMATION MARKET, BY REGION (Page No. - 194)
9.1 INTRODUCTION
FIGURE 44 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 45 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 167 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 168 MARKET, BY REGION, 2022–2027 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 46 SNAPSHOT: INDUSTRIAL AUTOMATION MARKET IN NORTH AMERICA
TABLE 169 NORTH AMERICA: INDUSTRIAL AUTOMATION MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 170 NORTH AMERICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 171 NORTH AMERICA: MARKET, BY SOLUTION, 2018–2021 (USD MILLION)
TABLE 172 NORTH AMERICA: MARKET, BY SOLUTION, 2022–2027 (USD MILLION)
TABLE 173 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 174 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
9.2.1 US
9.2.1.1 Product launches by key players to drive market
9.2.2 CANADA
9.2.2.1 Growth in process industries to boost market
9.2.3 MEXICO
9.2.3.1 Increasing deployment of SCADA systems to modernize grids
9.3 EUROPE
FIGURE 47 SNAPSHOT: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET IN EUROPE
TABLE 175 EUROPE: MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 176 EUROPE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 177 EUROPE: MARKET, BY SOLUTION, 2018–2021 (USD MILLION)
TABLE 178 EUROPE: INDUSTRY CONTROL MARKET, BY SOLUTION, 2022–2027 (USD MILLION)
TABLE 179 EUROPE: INDUSTRIAL AUTOMATION MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 180 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
9.3.1 UK
9.3.1.1 Government support for development of IoT technologies
9.3.2 GERMANY
9.3.2.1 Growing technological innovation to facilitate market growth
9.3.3 FRANCE
9.3.3.1 Increasing government initiatives to promote industrial automation
9.3.4 ITALY
9.3.4.1 Rising adoption of automation solutions in industries
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
FIGURE 48 SNAPSHOT: INDUSTRIAL CONTROL AND FACTORY AUTOMATION MARKET IN ASIA PACIFIC
TABLE 181 ASIA PACIFIC: MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 182 ASIA PACIFIC: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 183 ASIA PACIFIC: MARKET, BY SOLUTION, 2018–2021 (USD MILLION)
TABLE 184 ASIA PACIFIC: MARKET, BY SOLUTION, 2022–2027 (USD MILLION)
TABLE 185 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 186 ASIA PACIFIC: INDUSTRIAL AUTOMATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
9.4.1 JAPAN
9.4.1.1 Development of smart manufacturing processes to boost market
9.4.2 CHINA
9.4.2.1 Growing demand for automation to reduce costs
9.4.3 INDIA
9.4.3.1 Growing government initiatives for automation of industries
9.4.4 REST OF ASIA PACIFIC
9.5 REST OF THE WORLD (ROW)
FIGURE 49 INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET IN ROW
TABLE 187 ROW: INDUSTRIAL AUTOMATION MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 188 ROW: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 189 ROW: MARKET, BY SOLUTION, 2018–2021 (USD MILLION)
TABLE 190 ROW: MARKET, BY SOLUTION, 2022–2027 (USD MILLION)
TABLE 191 ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 192 ROW: FACTORY AUTOMATION MARKET, BY REGION, 2022–2027 (USD MILLION)
9.5.1 SOUTH AMERICA
9.5.1.1 Growing demand for automation in pharmaceutical industry
9.5.2 MIDDLE EAST & AFRICA
9.5.2.1 Mining operations in Africa offer potential for digitalization
10 COMPETITIVE LANDSCAPE (Page No. - 220)
10.1 INTRODUCTION
TABLE 193 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN INDUSTRIAL AUTOMATION MARKET
10.2 REVENUE ANALYSIS OF TOP PLAYERS
FIGURE 50 TOP PLAYERS IN INDUSTRIAL SAFETY MARKET, 2017–2021
10.3 MARKET SHARE ANALYSIS
TABLE 194 INDUSTRIAL SAFETY MARKET: MARKET SHARE OF KEY COMPANIES
10.4 COMPANY EVALUATION QUADRANT, 2021
10.4.1 STARS
10.4.2 EMERGING LEADERS
10.4.3 PERVASIVE PLAYERS
10.4.4 PARTICIPANTS
FIGURE 51 INDUSTRIAL SAFETY MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021
10.5 SME EVALUATION QUADRANT, 2021
10.5.1 PROGRESSIVE COMPANIES
10.5.2 RESPONSIVE COMPANIES
10.5.3 DYNAMIC COMPANIES
10.5.4 STARTING BLOCKS
FIGURE 52 INDUSTRIAL SAFETY MARKET (GLOBAL): SME EVALUATION QUADRANT, 2021
10.6 INDUSTRIAL SAFETY MARKET: COMPANY FOOTPRINT
TABLE 195 PRODUCT FOOTPRINT
TABLE 196 INDUSTRY FOOTPRINT
TABLE 197 REGIONAL FOOTPRINT
TABLE 198 COMPANY FOOTPRINT
10.7 COMPETITIVE BENCHMARKING
TABLE 199 MARKET: KEY START-UPS/SMES
TABLE 200 MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
10.8 COMPETITIVE SCENARIOS AND TRENDS
10.8.1 PRODUCT LAUNCHES
TABLE 201 FACTORY AUTOMATION MARKET: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2022
10.8.2 DEALS
TABLE 202 INDUSTRIAL AUTOMATION MARKET : DEALS, JANUARY 2021– JUNE 2022
10.8.3 OTHERS
TABLE 203 INDUSTRY CONTROL MARKET: OTHERS, APRIL 2021– JUNE 2022
11 COMPANY PROFILES (Page No. - 245)
(Business overview, Products offered, Recent Developments, MNM view)*
11.1 KEY PLAYERS
11.1.1 ABB
TABLE 204 ABB: BUSINESS OVERVIEW
FIGURE 53 ABB: COMPANY SNAPSHOT
TABLE 205 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 206 ABB: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 207 ABB: DEALS
11.1.2 EMERSON
TABLE 208 EMERSON: BUSINESS OVERVIEW
FIGURE 54 EMERSON: COMPANY SNAPSHOT
TABLE 209 EMERSON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 210 EMERSON: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 211 EMERSON: DEALS
11.1.3 SIEMENS
TABLE 212 SIEMENS: BUSINESS OVERVIEW
FIGURE 55 SIEMENS: COMPANY SNAPSHOT
TABLE 213 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 214 SIEMENS: DEALS
11.1.4 SCHNEIDER ELECTRIC
TABLE 215 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 56 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 216 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 217 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 218 SCHNEIDER ELECTRIC: DEALS
11.1.5 MITSUBISHI ELECTRIC
TABLE 219 MITSUBISHI ELECTRIC: BUSINESS OVERVIEW
FIGURE 57 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
TABLE 220 MITSUBISHI ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 221 MITSUBISHI ELECTRIC: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 222 MITSUBISHI ELECTRIC: OTHERS
11.1.6 GENERAL ELECTRIC CO.
TABLE 223 GENERAL ELECTRIC CO.: BUSINESS OVERVIEW
FIGURE 58 GENERAL ELECTRIC CO.: COMPANY SNAPSHOT
TABLE 224 GENERAL ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 225 GENERAL ELECTRIC CO.: PRODUCT LAUNCHES
11.1.7 ROCKWELL AUTOMATION
TABLE 226 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
FIGURE 59 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 227 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 228 ROCKWELL AUTOMATION: DEALS
TABLE 229 ROCKWELL AUTOMATION: OTHERS
11.1.8 HONEYWELL
TABLE 230 HONEYWELL: BUSINESS OVERVIEW
FIGURE 60 HONEYWELL.: COMPANY SNAPSHOT
TABLE 231 HONEYWELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 232 HONEYWELL: DEALS
11.1.9 YOKOGAWA ELECTRIC CORPORATION
TABLE 233 YOKOGAWA ELECTRIC CORPORATION: BUSINESS OVERVIEW
FIGURE 61 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 234 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 235 YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 236 YOKOGAWA ELECTRIC CORPORATION: DEALS
11.1.10 OMRON CORPORATION
TABLE 237 OMRON CORPORATION: BUSINESS OVERVIEW
FIGURE 62 OMRON CORPORATION: COMPANY SNAPSHOT
TABLE 238 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 239 OMRON CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 240 OMRON CORPORATION: DEALS
TABLE 241 OMRON CORPORATION: OTHERS
11.1.11 ENDRESS+HAUSER
TABLE 242 ENDRESS+HAUSER: BUSINESS OVERVIEW
FIGURE 63 ENDRESS+HAUSER: COMPANY SNAPSHOT
TABLE 243 ENDRESS+HAUSER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 244 ENDRESS+HAUSER: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 245 ENDRESS+HAUSER: OTHERS
11.1.12 FANUC CORPORATION
TABLE 246 FANUC CORPORATION: BUSINESS OVERVIEW
FIGURE 64 FANUC CORPORATION: COMPANY SNAPSHOT
TABLE 247 FANUC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.1.13 WIKA GMBH
TABLE 248 WIKA GMBH: BUSINESS OVERVIEW
TABLE 249 WIKA GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 250 WIKA GMBH: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 251 WIKA GMBH: OTHERS
11.1.14 DWYER INSTRUMENTS
TABLE 252 DWYER CORPORATION: BUSINESS OVERVIEW
TABLE 253 DWYER INSTRUMENTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 254 DWYER INSTRUMENTS: PRODUCT LAUNCHES AND DEVELOPMENTS
11.1.15 STRATASYS
TABLE 255 STRATASYS: BUSINESS OVERVIEW
FIGURE 65 STRATASYS: COMPANY SNAPSHOT
TABLE 256 STRATASYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 257 STRATASYS: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 258 STRATASYS: DEALS
11.1.16 3D SYSTEMS CORPORATION
TABLE 259 3D SYSTEMS CORPORATION: BUSINESS OVERVIEW
FIGURE 66 3D SYSTEMS CORPORATION: COMPANY SNAPSHOT
TABLE 260 3D SYSTEMS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 261 3D SYSTEMS CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 262 3D SYSTEMS CORPORATION: DEALS
11.2 OTHER KEY PLAYERS
11.2.1 FUJI ELECTRIC
TABLE 263 FUJI ELECTRIC: COMPANY OVERVIEW
11.2.2 HITACHI
TABLE 264 HITACHI: COMPANY OVERVIEW
11.2.3 KROHNE
TABLE 265 KROHNE: COMPANY OVERVIEW
11.2.4 AZBIL CORPORATION
TABLE 266 AZBIL CORPORATION: COMPANY OVERVIEW
11.2.5 VEGA GRIESHABER
TABLE 267 VEGA GRIESHABER: COMPANY OVERVIEW
11.2.6 DANFOSS
TABLE 268 DANFOSS: COMPANY OVERVIEW
11.3 OTHER PLAYERS
11.3.1 TEGAN INNOVATIONS
TABLE 269 TEGAN INNOVATIONS: COMPANY OVERVIEW
11.3.2 WIN-911 SOFTWARE
TABLE 270 WIN-911 SOFTWARE: COMPANY OVERVIEW
11.3.3 PINPOINT INFORMATION SYSTEMS
TABLE 271 PINPOINT INFORMATION SYSTEMS: COMPANY OVERVIEW
11.3.4 PROGEA
TABLE 272 PROGEA: COMPANY OVERVIEW
11.3.5 CHAOS PRIME
TABLE 273 CHAOS PRIME: COMPANY OVERVIEW
11.3.6 INXPECT S.P.A.
TABLE 274 INXPECT S.P.A.: COMPANY OVERVIEW
11.3.7 ALGOLUX
TABLE 275 ALGOLUX: COMPANY OVERVIEW
11.3.8 INUITIVE
TABLE 276 INUITIVE: COMPANY OVERVIEW
11.3.9 EAVE
TABLE 277 EAVE: COMPANY OVERVIEW
11.3.10 CANARIA
TABLE 278 CANARIA: COMPANY OVERVIEW
11.3.11 FUELICS
TABLE 279 FUELICS: COMPANY OVERVIEW
11.3.12 ULTIMAKER
TABLE 280 ULTIMAKER: COMPANY OVERVIEW
11.3.13 NANO DIMENSION
TABLE 281 NANO DIMENSION: COMPANY OVERVIEW
11.3.14 DEEP LEARNING ROBOTICS
TABLE 282 DEEP LEARNING ROBOTICS: COMPANY OVERVIEW
11.3.15 PICK-IT 3D
TABLE 283 PICK-IT 3D: COMPANY OVERVIEW
11.3.16 ONROBOT
TABLE 284 ONROBOT: COMPANY OVERVIEW
11.3.17 TRIVISION
TABLE 285 TRIVISION: COMPANY OVERVIEW
11.3.18 CLEVEST
TABLE 286 CLEVEST: COMPANY OVERVIEW
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12 ADJACENT & RELATED MARKETS (Page No. - 322)
12.1 INTRODUCTION
12.2 LIMITATIONS
12.3 DIGITAL TWIN MARKET, BY APPLICATION
12.3.1 INTRODUCTION
TABLE 287 DIGITAL TWIN MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 288 DIGITAL TWIN MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
12.4 PRODUCT DESIGN & DEVELOPMENT
12.4.1 USE OF DIGITAL TWINS TO MONITOR KEY PERFORMANCE INDICATORS IN REAL TIME
TABLE 289 PRODUCT DESIGN & DEVELOPMENT: DIGITAL TWIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 290 PRODUCT DESIGN & DEVELOPMENT: DIGITAL TWIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
12.5 PERFORMANCE MONITORING
12.5.1 OPTIMIZES OPERATIONAL DOWNTIME AND MITIGATES COSTLY FAILURES
TABLE 291 PERFORMANCE MONITORING: DIGITAL TWIN MARKET, 2018–2021 (USD MILLION)
TABLE 292 PERFORMANCE MONITORING: DIGITAL TWIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
12.6 PREDICTIVE MAINTENANCE
12.6.1 DIGITAL TWINS PREDICT FAILURES BASED ON REAL-TIME DATA COLLECTION
TABLE 293 PREDICTIVE MAINTENANCE: DIGITAL TWIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 294 PREDICTIVE MAINTENANCE: DIGITAL TWIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
12.7 INVENTORY MANAGEMENT
12.7.1 USE OF DIGITAL TWINS FOR INVENTORY OPTIMIZATION ACROSS NETWORKS
TABLE 295 INVENTORY MANAGEMENT: DIGITAL TWIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 296 INVENTORY MANAGEMENT: DIGITAL TWIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
12.8 BUSINESS OPTIMIZATION
12.8.1 EXPECTED TO REGISTER HIGHEST GROWTH IN DIGITAL TWIN MARKET DURING FORECAST PERIOD
TABLE 297 BUSINESS OPTIMIZATION: DIGITAL TWIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 298 BUSINESS OPTIMIZATION: DIGITAL TWIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
12.9 OTHER APPLICATIONS
TABLE 299 OTHER APPLICATIONS: DIGITAL TWIN MARKET, BY INDUSTRY 2018–2021 (USD MILLION)
TABLE 300 OTHER APPLICATIONS: DIGITAL TWIN MARKET, BY INDUSTRY 2022–2027 (USD MILLION)
13 APPENDIX (Page No. - 335)
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the industrial control & factory automation market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Finally, both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources have been referred to identify and collect information relevant to this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly conducted to obtain key information about the industry’s supply chain, value chain of the market, total pool of key players, market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology-oriented perspectives.
Primary Research
In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report. Primary sources from the supply side include experts such as CEOs, VPs, marketing directors, technology and innovation directors, application developers, application users, and related executives from various key companies and organizations operating in the industry control market ecosystem. Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches have been used to estimate and validate the size of the overall industry control market and the market based on segments. The research methodology used to estimate the market size has been given below:
- Major players operating in the industrial automation market have been identified and considered for the report through extensive secondary research.
- The supply chain and market size of the industrial control & factory automation market, both in terms of value and units, have been estimated/determined through secondary and primary research processes.
- All estimations and calculations, including percentage share, revenue mix, splits, and breakdowns have been determined through use of secondary sources which are further verified through primary sources.
Global Industrial Automation Market Size: Bottom-Up Approach
Data Triangulation
After arriving at the overall market size from the market size estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market has been validated using both top-down and bottom-up approaches.
Report Objectives:
- To describe and forecast the industry control market, in terms of value, based on component, solution, and industry
- To forecast the market size, in terms of value, for four main regions—North America, Europe, Asia Pacific (APAC), and the Rest of World (RoW)
- To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the market growth
- To provide a detailed overview of the value chain of the industrial automation market ecosystem
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market
- To analyze the opportunities in the market for stakeholders and details of the competitive landscape of the market
- To strategically profile the key players and comprehensively analyze their market position in terms of ranking and core competencies
- To analyze the major growth strategies implemented by key market players, such as contracts, agreements, acquisitions, product launches, expansions, and partnerships
Available Customizations
Based on the given market data, MarketsandMarketsTM offers customizations in the reports according to the client’s specific requirements. The available customization options are as follows:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Industrial Control & Factory Automation Market