Industrial Control and Factory Automation Market

Industrial Control and Factory Automation Market by Solution (SCADA, PLC, DCS, MES, PLM, PAM, Functional Safety), Component (Industrial Robots, Industrial 3D Printing, Control Valves, Machine Vision, HMI), Industry and Geography - Global Forecast to 2024

Report Code: SE 2505 Jan, 2019, by marketsandmarkets.com

[222 Pages Report] The industrial control and factory automation market is expected to reach USD 269.5 billion by 2024 from USD 160.0 billion in 2018, at a CAGR of 9.08%. The growth of this market can be attributed to the emphasis on industrial automation and optimum utilization of resources, increasing use of enabling technologies in manufacturing, rising adoption of industrial robots in the manufacturing sector driven by collaborative robots, connected enterprise along with mass production to cater to rising population, and government initiatives toward the adoption of industrial automation in various industries.

Industry Control and Factory Automation Market

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Industrial robots are expected to be the largest contributor in components of the industrial control and factory automation during the forecast period

Industrial robots are likely to hold the largest share of components of the industrial control and factory automation market during the forecast period. Manufacturers are installing industrial robots to make production and distribution easy and efficient. The installation of industrial robots is reducing  the human intervention in production process, thereby reducing the cost of manufacturing with improved quality and increased production capacity.

Mining and metals industry likely to show the highest growth in process industries of the industrial control and factory automation market during the forecast period

The mining and metals industry is expected to witness the highest growth rate during the forecast period in process industries. The mining and metals industry is related to the extraction of mineral and metal reserves and fabrication of metals. The metal industry offers metal working processes such as grinding, milling, spinning, and forging. Mining operations are difficult to execute and manage in remote and hazardous locations. Machinery used in metal processing requires quick and efficient movement of metals with accuracy that is driven by drives and PLCs. Drives provide precise speed and torque control (e.g., cranes), while PLCs provide flexibility to the process. Due to the adoption of automation in this field, it provides better productivity, ensures safety, minimizes wear, enhances reliability, and improves quality.

Industry Control and Factory Automation Market

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APAC is expected to hold the largest market size during the forecast period

Among all regions, APAC is expected to account for the largest share of the industrial control and factory automation market in 2018. APAC is expected to hold the highest market share in the industrial control and factory automation market due to the technological innovation and increasing adoption of the automation technologies in various industries. Key players operating in the market in Asia Pacific are Mitsubishi Electric (Japan), Omron (Japan), Yokogawa (Japan), Fanuc (Japan), Yaskawa (Japan), and Fuji (Japan). China has been working on an innovative industrial practice by implementing automation technologies in manufacturing. In addition, research institutes and corporates are collaboratively working to improve the China's manufacturing processes. Furthermore, in China, industrial intellectualization and information integration remain the main focus of the government industrial policy. This initiative is expected to increase the demand for the industrial control and factory automation in this country. Companies such as Toyota (Japan), Honda (Japan), and Suzuki (Japan) are developing smart factories for manufacturing robots, sensors, wireless technologies, and machine vision systems. This demand is propelling the growth of the industrial control and factory automation market in Japan.

Key Market Players

Major players operating in the industrial control and factory automation market are Emerson (US), ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider (France), Endress+Hauser (Switzerland), Yokogawa (Japan), Honeywell (US), WIKA (Germany), Azbil (Japan), Fuji Electric (Japan), 3D Systems (US), HP (US), FANUC (Japan), STRATASYS (US), Progea (Italy), Hitachi (Japan), Vega (Germany), Danfoss (Denmark), Tegan Innovations (Ireland), Krohne (Germany), Rockwell (US), Chaos Prime (US), and Dwyer (US).

Scope of the Report

Report Metric

Details

Market size available for years

2015-2024

Base year considered

2017

Forecast period

2018-2024

Forecast units

Value(USD)

Segments covered

Component, Solution, Industry, and Region

Geographies covered

North America, APAC, Europe and RoW

Companies covered

Emerson (US), Mitsubishi (Japan), Siemens (Germany), ABB (Switzerland), Schneider Electric (France), Rockwell (US), Yokogawa (Japan), OMRON (Japan), Honeywell (US), FANUC (Japan), and STRATASYS (US), and Endress+Hauser AG (Switzerland).

In this report, the overall industrial control and factory automation market has been segmented on the basis of components, solutions, industry, and geography.

Industrial control and factory automation market, by Component:

  • Industrial Robots
  • Machine Vision
  • Control Valves
  • Field Instruments
  • Human-Machine Interface
  • Industrial PC
  • Sensors
  • Industrial 3D Printing

Industrial control and factory automation market, by Solution:

  • SCADA
  • PLC
  • DCS
  • MES
  • PLM
  • Functional Safety
  • PAM

Industrial control and factory automation market, by Application:

  • Flow
  • Level
  • Pressure

Industrial control and factory automation market, by Industry:

  • Process Industries
    • Oil & Gas
    • Power
    • Food & Beverages
    • Chemicals
    • Metals & Mining
    • Pulp & Paper
    • Pharmaceuticals
    • Others (water and wastewater, HVAC, recycling, plastics, printing, cement, glass, rubber, agriculture, furniture & wood and textile)
  • Discrete Industries
    • Automotive
    • Machine Manufacturing
    • Semiconductor & Electronics
    • Aerospace & Defense
    • Medical Devices
    • Others (ceramics, fabricating, and packaging industries)

Industrial control and factory automation market, by Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of APAC
  • Rest of the World (RoW)
    • South America
    • Middle East & Africa

Recent Developments

  • In July 2018, GE and Microsoft Corp. entered into a partnership to bring together operational technology and information technology to eliminate hurdles industrial companies face in advancing digital transformation projects. As part of the union, GE Digital plans to standardize its Predix solutions on Microsoft Azure and will deeply integrate the Predix portfolio with Azure’s native cloud capabilities, including Azure IoT and Azure Data and Analytics. The parties will also co-sell and go-to-market together, offering end customers premier Industrial IoT (IIoT) solutions across verticals. In addition, GE will leverage Microsoft Azure across its business for additional IT workloads and productivity tools, including internal Predix-based deployments, to drive innovation across the company.
  • In June 2018, SAP and Endress+Hauser collaborated in the development of the Industrial Internet of Things (IIoT) applications for the process industry. The goal is to fully integrate the Endress+Hauser field instruments as digital twins into the SAP cloud platform. Both companies want to take advantage of the services and smart apps from SAP’s Leonardo system as well as Endress+Hauser’s IIoT offering. The idea is to tightly integrate master and sensor data, as well as measurement values, into customer business, logistics and production processes and develop new digital services focused on predictive maintenance and predictive quality.
  • In April 2017, ABB and IBM entered into a partnership for industrial artificial intelligence solutions to improve the production lines by identifying critical faults during the manufacturing process.

Key Questions addressed by the report:

  • Which component of industrial control and factory automation would have the highest demand in the future?
  • Which industries prefer industrial automation?
  • What are the opportunities and challenges for industrial automation?
  • What are the key industry trends for industrial automation?

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Table of Contents

1 Introduction (Page No. - 23)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 27)
    2.1 Research Data
           2.1.1 Secondary and Primary Research
           2.1.2 Secondary Data
                    2.1.2.1 List of 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 Primary Sources
                    2.1.3.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 36)

4 Premium Insights (Page No. - 42)
    4.1 Industrial Control and Factory Automation Market
    4.2 Market, By Solution (2018–2024)
    4.3 Market, By Component (2018–2024)
    4.4 Market, By Process Industry (2018–2024)
    4.5 Market, By Discrete Industry (2018–2024)
    4.6 Market, By Region (2018–2024)

5 Market Overview (Page No. - 45)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Increasing Use of Enabling Technologies in Manufacturing
                    5.1.1.2 Rising Adoption of Industrial Robots in Manufacturing Sector Driven By Collaborative Robots
                    5.1.1.3 Connected Enterprise Along With Mass Production to Cater to Rising Population
                    5.1.1.4 Government Initiatives Toward the Adoption of Industrial Automation in Various Industries
                    5.1.1.5 Emphasis on Industrial Automation and Optimum Utilization of Resources
           5.1.2 Restraints
                    5.1.2.1 Significant Capital Investment Required for Automation Solutions
                    5.1.2.2 Fluctuating Market Trend Observed in End-Use Industries Likely to Hamper the Demand for Field Instruments
           5.1.3 Opportunities
                    5.1.3.1 Immense Benefits Tendered By Industry 4.0 for Industrial Manufacturing
                    5.1.3.2 Increasing Demand for Safety Compliance Automation Solutions
           5.1.4 Challenges
                    5.1.4.1 Lack of Standardization of Protocols for Industrial Communication
                    5.1.4.2 Lack of Skilled Personnel
                    5.1.4.3 Persistent Growth of Cyberattacks
    5.2 Enabling Technologies
           5.2.1 Artificial Intelligence (AI)
                    5.2.1.1 AI Enhances the Business Prospects
                    5.2.1.2 Key Use Cases of AI in Industry
           5.2.2 AR and VR
                    5.2.2.1 Increasing Investment Trends in AR
           5.2.3 Industrial Cyber Security
                    5.2.3.1 Industrial Cyber Security is Vastly Implemented in Energy and Power Industry
           5.2.4 Big Data Analytics
                    5.2.4.1 High Adoption Rate of Consulting and System Integration Services Due to Complexity of Big Data Software Solutions
           5.2.5 Industrial Internet of Things (IIoT)
                    5.2.5.1 Growing Rate of Adoption of Industrial Internet of Things in Industries
           5.2.6 Blockchain
                    5.2.6.1 Rising Demand for Faster Blockchain Across Industries
    5.3 Industrial Safety and Process Automation
           5.3.1 Safety Integrity Level (SIL)
           5.3.2 Industrial Safety Standards
                    5.3.2.1 IEC 61508
                    5.3.2.2 IEC 61511
                    5.3.2.3 IEC 62061
                    5.3.2.4 IEC 62443
    5.4 Key Partnerships for Digitalization in Process Automation Industry

6 Market, By Component (Page No. - 60)
    6.1 Introduction
    6.2 Industrial Robots
           6.2.1 Traditional Industrial Robots
                    6.2.1.1 Articulated Robots
                               6.2.1.1.1 Increased Payload Capacity and Reliability Drives Market for Articulated Robots
                    6.2.1.2 Cartesian Robot
                               6.2.1.2.1 Large Span Requirement has Ideal Application of Cartesian Robots
                    6.2.1.3 Selective Compliance Assembly Robot ARM(SCARA)
                               6.2.1.3.1 SCARA Robot Have Advantage of Best Price-To-Performance Ration for High Speed Robot
                    6.2.1.4 Parallel Robot
                               6.2.1.4.1 Parallel Robots are Ideal for High-Speed Applications
                    6.2.1.5 Others
                               6.2.1.5.1 Spherical Robots are More Sophisticated Than Cylindrical Robots
           6.2.2 Collaborative Industrial Robots
                    6.2.2.1 Safety, Ease of Used, and Affordability Drives the Market for Collaborative Industrial Robots
    6.3 Machine Vision
           6.3.1 Cameras
                    6.3.1.1 Analog Camera
                               6.3.1.1.1 Analog Camera Comes in Designs of Dome and Fixed Variant
                    6.3.1.2 Digital Camera
                               6.3.1.2.1 Digital Camera Have Computer Connectivity
                    6.3.1.3 Smart Camera
                               6.3.1.3.1 Smart Cameras Helps in Decision Making in Automated Systems
           6.3.2 Frame Gabber, Optics, and Led Lighting
                    6.3.2.1 Processors and Software
                               6.3.2.1.1 Processors and Software’s Help in Long Product Lifecycle and Better Inspection
    6.4 Control Valves
           6.4.1 Regulation of Flow Rate is One of the Important Aspects of Control Valves
    6.5 Field Instruments
           6.5.1 Flow Meters
                    6.5.1.1 Flowmeters are Widely Used in Water and Wastewater Industry
           6.5.2 Transmitters
                    6.5.2.1 Pressure Transmitters
                               6.5.2.1.1 Pressure Transmitter is A Versatile Filed Instrument
                    6.5.2.2 Temperature Transmitters
                               6.5.2.2.1 Temperature Transmitter is Widely Used to Determine Temperature of Fluids
                    6.5.2.3 Level Transmitters
                               6.5.2.3.1 Determination of Level of Liquid and Solid- Bulk is Done By Level Transmitters
    6.6 Human–Machine Interface (HMI)
           6.6.1 Better Visualization of Data Drives the Market for HMI
    6.7 Industrial PC
           6.7.1 Criticality in Industrial Applications and Ability to Expand More as Compared to Normal PC Drives the Market for Industrial PC
    6.8 Sensors
           6.8.1 Non-Contact Sensors are Gaining Prominence
    6.9 Industrial 3D Printing
           6.9.1 Industrial 3D Printers Optimize End-Use Parts Manufacturing and Prototype Production for A Wide Range of Products

7 Market, By Solution (Page No. - 93)
    7.1 Introduction
    7.2 Supervisory Control and Data Acquisition (SCADA)
           7.2.1 Power Industry Held the Largest Market Share for SCADA
    7.3 Programmable Logic Controller (PLC)
           7.3.1 Use of PLC in Industrial Processes
    7.4 Distributed Control System (DCS)
           7.4.1 Process Automation and Control in Industrial Manufacturing Plant Drives the Growth for DCS
    7.5 Manufacturing Execution System (MES)
           7.5.1 Cost-Saving and Operation Optimization Drive the Market for MES
    7.6 Product Lifecycle Management (PLM)
           7.6.1 PLM Software is the Backbone of Manufacturing Industries
    7.7 Functional Safety
           7.7.1 There is Wide Adoption of Functional Safety Certified Systems in Process and Discrete Industries
    7.8 Plant Asset Management (PAM)
           7.8.1 Reduction in Downtime and Heavy Losses in Manufacturing Processes By Implementation of PAM

8 Market, By Industry (Page No. - 114)
    8.1 Introduction
    8.2 Process Industry
           8.2.1 Oil & Gas
                    8.2.1.1 Increasing Offshore Oil and Gas Activities Enables the Scale of Adoption of Automation Solutions
           8.2.2 Chemicals
                    8.2.2.1 Compelling Solutions are Offered By Industry Control and Factory Automation in the Chemicals Industry
           8.2.3 Paper & Pulp
                    8.2.3.1 Process Control is Essential for Manufacturers in Paper and Pulp Industry
           8.2.4 Pharmaceuticals
                    8.2.4.1 Operational Efficiency of the Pharmaceuticals Plants Have Increased Due to Industry Automation Solutions
           8.2.5 Mining & Metals
                    8.2.5.1 Automation in Mining and Metals Industry has Provided Better Productivity and Safety
           8.2.6 Food & Beverages
                    8.2.6.1 Increasing Trend of Automation in Food and Beverages Industry
                    8.2.6.2 New Innovations and Requirement of Meeting Consumer Demand Leads to the Adoption of Industrial Control and Factory Automation
           8.2.7 Power
                    8.2.7.1 Rapid Industrialization, Infrastructural Development, and Integration of Advanced Technologies Impact Power Industry
           8.2.8 Others
    8.3 Discrete Industry
           8.3.1 Automotive
                    8.3.1.1 Automotive Manufacturers are Significantly Investing in Smart Factories
           8.3.2 Machine Manufacturing
                    8.3.2.1 Less Time Consumption and Reliable Products are the Outcome of the Automation in Machine Manufacturing
           8.3.3 Semiconductor & Electronics
                    8.3.3.1 Growing Trend of Implementation of Industry Control and Factory Automation in Semiconductor and Electronics Industry
           8.3.4 Aerospace & Defense
                    8.3.4.1 Aerospace Greatly Rely on Automation
           8.3.5 Medical Devices
                    8.3.5.1 Adoption of Innovative Solutions in Medical Devices Industry Can Be Seen Due to Factory Automation
           8.3.6 Others

9 Market, By Geography (Page No. - 125)
    9.1 Introduction
    9.2 North America
           9.2.1 US
                    9.2.1.1 Increasing Adoption of Automation in the Discrete Industry Drives the Market
           9.2.2 Canada
                    9.2.2.1 Increased Investment in Canadian Process and Discrete Industries
           9.2.3 Mexico
                    9.2.3.1 Implementation of SCADA in Mexican Electricity Grid
    9.3 Europe
           9.3.1 UK
                    9.3.1.1 UK’s Government Supports Various Associations for Industry Control and Factory Automation
           9.3.2 Germany
                    9.3.2.1 Big Opportunity for Industry Control and Factory Automation in Germany’s Automotive Industry
           9.3.3 France
                    9.3.3.1 Government Support the Adoption of Industrial Controls and Factory Automation Solutions
           9.3.4 Rest of Europe
    9.4 APAC
           9.4.1 Japan
                    9.4.1.1 One of the Most Significant Market for Industrial Automation
           9.4.2 China
                    9.4.2.1 One of the Fastest Growing Market for Industry Control and Factory Automation
           9.4.3 India
                    9.4.3.1 Government Initiatives for the Digitization of Factories Would Drive the Market in India
           9.4.4 Rest of APAC
    9.5 Rest of the World (RoW)
           9.5.1 South America
                    9.5.1.1 Brazil is an Important Market for Automation in South America
           9.5.2 Middle East & Africa
                    9.5.2.1 Increasing Automation in Middle Eastern Oil and Gas Industry

10 Competitive Landscape (Page No. - 139)
     10.1 Overview
     10.2 Market Ranking Analysis: Industrial Control and Factory Automation Market
     10.3 Competitive Leadership Mapping
             10.3.1 Visionary Leaders
             10.3.2 Dynamic Differentiators
             10.3.3 Innovators
             10.3.4 Emerging Companies
     10.4 Competitive Situation and Trends
             10.4.1 Agreements, Contracts, Joint Ventures, Collaborations & Partnerships
             10.4.2 Product Launches and Developments
             10.4.3 Acquisitions
             10.4.4 Expansions

11 Company Profile (Page No. - 157)
     11.1 Key Players
(Business Overview, Product & Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
             11.1.1 ABB
             11.1.2 Emerson
             11.1.3 Siemens
             11.1.4 Schneider Electric
             11.1.5 Mitsubishi Electric Corporation
             11.1.6 General Electric
             11.1.7 Rockwell Automation
             11.1.8 Honeywell
             11.1.9 Yokogawa
             11.1.10 Omron
             11.1.11 Endress+Hauser
             11.1.12 Fanuc
             11.1.13 Wika
             11.1.14 Dwyer
             11.1.15 Stratasys
             11.1.16 3D Systems
             11.1.17 HP
     11.2 Other Key Players
             11.2.1 Fuji Electric
             11.2.2 Hitachi
             11.2.3 Krohne
             11.2.4 Azbil
             11.2.5 Vega Grieshaber
             11.2.6 Danfoss
             11.2.7 Tegan Innovations
             11.2.8 Win-911 Software
             11.2.9 Pinpoint Information Systems
             11.2.10 Progea
             11.2.11 Chaos Prime

*Details on Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

12 Appendix (Page No. - 215)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details 


List of Tables (119 Tables)

Table 1 World Midyear Population By Age for 2017
Table 2 Artificial Intelligence Market, Market Size, 2015–2023 (USD Million)
Table 3 AR & VR Market, 2015–2023 (USD Million)
Table 4 Industry Cyber Security Market 2015–2023 (USD Billion)
Table 5 Big Data Analytics, Market Size, 2015–2023 (USD Million)
Table 6 Industrial Internet of Things, Market Size, 2014–2023 (USD Billion)
Table 7 Blockchain in Manufacturing, Market Size, 2020–2025 (USD Million)
Table 8 Industrial Control and Factory Automation Market, By Component, 2015–2024 (USD Billion)
Table 9 Market for Component, By Process Industry, 2015–2024 (USD Billion)
Table 10 Market for Component, By Discrete Industry, 2015–2024 (USD Billion)
Table 11 Market for Industrial Robots, By Type, 2015–2024 (USD Billion)
Table 12 Market for Industrial Robots, By Process Industry, 2015–2024 (USD Billion)
Table 13 Market for Industrial Robots, By Discrete Industry, 2015–2024 (USD Billion)
Table 14 Market for Industrial Robots, By Region, 2015–2024 (USD Billion)
Table 15 Market for Machine Vision, By Process Industry, 2015–2024 (USD Million)
Table 16 Market for Machine Vision, By Discrete Industry, 2015–2024 (USD Million)
Table 17 Market for Machine Vision, By Region, 2015–2024 (USD Million)
Table 18 Advantages and Disadvantages of Different Types of Valves
Table 19 Market for Control Valves, By Process Industry, 2015–2024 (USD Million)
Table 20 Market for Control Valves, By Region, 2015–2024 (USD Million)
Table 21 Types of Transmitters Under Field Instruments
Table 22 Market for Field Instruments, By Process Industry, 2015–2024 (USD Billion)
Table 23 Market for Field Instruments, By Region, 2015–2024 (USD Billion)
Table 24 Market for Pressure Transmitter, By Process Industry 2015–2024 (USD Million)
Table 25 Market for Pressure Transmitter, By Type 2015–2024 (USD Million)
Table 26 Market for Pressure Transmitter, By Region 2015–2024 (USD Million)
Table 27 Market for Level Transmitter, By Process Industry, 2015–2024 (USD Million)
Table 28 Industrial Control and Factory Automation Market for Level Transmitter, By Technology, 2015–2024 (USD Million)
Table 29 Market for Level Transmitter, By Region, 2015–2024 (USD Million)
Table 30 Market for Temperature Transmitter, By Process Industry 2015–2024 (USD Million)
Table 31 Market for Temperature Transmitter, By Region 2015–2024 (USD Million)
Table 32 Market for Flow Meter, By Industry, 2015–2024 (USD Million)
Table 33 Market for Flow Meter, By Region 2015–2024 (USD Million)
Table 34 Industrial Control and Factory Automation Market for Human–Machine Interface, By Process Industry, 2015–2024 (USD Million)
Table 35 Market for Human Machine Interface, By Discrete Industry, 2015–2024 (USD Million)
Table 36 Industrial Control and Factory Automation Market for HMI, By Region, 2015–2024 (USD Million)
Table 37 Market for Industrial PC, By Process Industry, 2015–2024 (USD Million)
Table 38 Market for Industrial PC, By Discrete Industry, 2015–2024 (USD Million)
Table 39 Market for Industrial PC, By Region, 2015–2024 (USD Million)
Table 40 Market for Sensor, By Process Industry, 2015–2024 (USD Billion)
Table 41 Market for Sensor, By Discrete Industry, 2015–2024 (USD Million)
Table 42 Market for Sensors, By Region, 2015–2024 (USD Billion)
Table 43 Market for Industrial 3D Printing, By Process Industry, 2015–2024 (USD Million)
Table 44 Market for Industrial 3D Printing, By Discrete Industry, 2015–2024 (USD Million)
Table 45 Market for Industrial 3D Printing, By Region, 2015–2024 (USD Billion)
Table 46 Uses of Different Solutions in Manufacturing Industries
Table 47 Industrial Control and Factory Automation Market, By Solution, 2015–2024 (USD Billion)
Table 48 Market for Solution, By Process Industry, 2015–2024 (USD Million)
Table 49 Market for Solution, By Discrete Industry, 2015–2024 (USD Million)
Table 50 Market for SCADA, By Process Industry, 2015–2024 (USD Million)
Table 51 Market for SCADA, By Discrete Industry, 2015–2024 (USD Million)
Table 52 Market for SCADA, By Region, 2015–2024 (USD Million)
Table 53 Market for PLC, By Process Industry, 2015–2024 (USD Million)
Table 54 Market for PLC, By Region, 2015–2024 (USD Million)
Table 55 Various DCS Systems Offered By Different Companies
Table 56 Industrial Control and Factory Automation Market for DCS, By Process Industry, 2015–2024 (USD Million)
Table 57 Market for DCS, By Region, 2015–2024 (USD Million)
Table 58 Market for MES, By Process Industry, 2015–2024 (USD Million)
Table 59 Market for MES, By Discrete Industry, 2015–2024 (USD Million)
Table 60 Market for MES, By Region, 2015–2024 (USD Million)
Table 61 Market for PLM, By Process Industry, 2015–2024 (USD Million)
Table 62 Market for PLM, By Discrete Industry, 2015–2024 (USD Million)
Table 63 Market for PLM, By Region, 2015–2024 (USD Million)
Table 64 Safety Related Standards
Table 65 Industrial Control and Factory Automation Market for Functional Safety, By Process Industry, 2015–2024 (USD Million)
Table 66 Market for Functional Safety, By Discrete Industry, 2015–2024 (USD Million)
Table 67 Market for Functional Safety, By Region, 2015–2024 (USD Million)
Table 68 Market for PAM, By Process Industry, 2015–2024 (USD Million)
Table 69 Market for PAM, By Discrete Industry, 2015–2024 (USD Million)
Table 70 Market for PAM, By Region, 2015–2024 (USD Million)
Table 71 Industrial Controls and Factory Automation Market, By Industry, 2015–2024 (USD Billion)
Table 72 Industrial Control and Factory Automation Market, By Process Industry, 2015–2024 (USD Billion)
Table 73 Market, By Discrete Industry, 2015–2024 (USD Billion)
Table 74 Market, By Region, 2015–2024 (USD Billion)
Table 75 Market for Solution, By Region, 2015–2024 (USD Billion)
Table 76 Market for Component, By Region, 2015–2024 (USD Billion)
Table 77 Market, By North America, 2015–2024 (USD Billion)
Table 78 Market, By Europe, 2015–2024 (USD Billion)
Table 79 Market, By APAC, 2015–2024 (USD Billion)
Table 80 Market, By RoW, 2015–2024 (USD Billion)
Table 81 Ranking of the Key Players in the Industrial Control and Factory Automation Market, 2017
Table 82 Agreements, Contracts, Joint Ventures, Collaborations & Partnerships, 2016–2017
Table 83 Product Launches and Developments, 2017–2018
Table 84 Acquisitions, 2017–2018
Table 85 Expansions, 2017–2018
Table 86 Industrial Control and Factory Automation Market in Oil & Gas, by Component, 2016-2024 (USD Million)
Table 87 Market in Oil & Gas, by Solution, 2016-2024 (USD Million)
Table 88 Market in Chemicals, by Component, 2016-2024 (USD Million)
Table 89 Market in Chemicals, by Solution, 2016-2024 (USD Million)
Table 90 Market in Paper & Pulp, by Component, 2016-2024 (USD Million)
Table 91 Market in Paper & Pulp, by Solution, 2016-2024 (USD Million)
Table 92 Market in Pharmaceuticals, by Component, 2016-2024 (USD Million)
Table 93 Market in Pharmaceuticals, by Solution, 2016-2024 (USD Million)
Table 94 Market in Mining & Metals, by Component, 2016-2024 (USD Million)
Table 95 Market in Mining & Metals, by Solution, 2016-2024 (USD Million)
Table 96 Market in Food & Beverages, by Component, 2016-2024 (USD Million)
Table 97 Market in Food & Beverages, by Solution, 2016-2024 (USD Million)
Table 98 Market in Power, by Component, 2016-2024 (USD Million)
Table 99 Market in Power, by Solution, 2016-2024 (USD Million)
Table 100 Market in Automotive, by Component, 2016-2024 (USD Million)
Table 101 Market in Automotive, by Solution, 2016-2024 (USD Million)
Table 102 Market in Machine Manufacturing, by Component, 2016-2024 (USD Million)
Table 103 Market in Machine Manufacturing, by Solution, 2016-2024 (USD Million)
Table 104 Market in Semiconductor & Electronics, by Component, 2016-2024 (USD Million)
Table 105 Market in Semiconductor & Electronics, by Solution, 2016-2024 (USD Million)
Table 106 Market in Aerospace & Defense, by Component, 2016-2024 (USD Million)
Table 107 Market in Aerospace & Defense, by Solution, 2016-2024 (USD Million)
Table 108 Market in Medical Devices, by Component, 2016-2024 (USD Million)
Table 109 Market in Medical Devices, by Solution, 2016-2024 (USD Million)
Table 110 Market in Other Industry, by Component, 2016-2024 (USD Million)
Table 111 Market in Other Industry, by Solution, 2016-2024 (USD Million)
Table 112 Market in North America, by Component, 2016-2024 (USD Million)
Table 113 Market in North America, by Solutions, 2016-2024 (USD Million)
Table 114 Market in Europe, by Component, 2016-2024 (USD Million)
Table 115 Market in Europe, by Solutions, 2016-2024 (USD Million)
Table 116 Market in APAC, by Component, 2016-2024 (USD Million)
Table 117 Market in APAC, by Solutions, 2016-2024 (USD Million)
Table 118 Market in RoW, by Component, 2016-2024 (USD Million)
Table 119 Market in RoW, by Solutions, 2016-2024 (USD Million)


List of Figures (48 Figures)

Figure 1 Industrial Control and Factory Automation Segmentation
Figure 2 Market: Research Design
Figure 3 Industrial Control and Factory Automation: Bottom-Up Approach
Figure 4 Industrial Control and Factory Automation: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions for the Research Study
Figure 7 Key Partnerships for Digitalization in Industrial Automation
Figure 8 Growth Outlook in Market
Figure 9 Global Industry Control and Factory Automation Market Snapshot, 2018 vs 2024 (USD Billion): Mining and Metals Industry and Aerospace and Defense Industry are Expected to Grow at the Highest Rate
Figure 10 Global Industry Control and Factory Automation, By Type, 2017 and 2024
Figure 11 Industry Control and Factory Automation Market in APAC Expected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Attractive Growth Opportunities for the Market
Figure 13 MES Market to Grow at the Highest CAGR During the Forecast Period
Figure 14 Market for Industrial Robots to Hold the Largest Share of the Market During the Forecast Period
Figure 15 Oil & Gas to Hold the Largest Share of the Market for Process Industry By 2024
Figure 16 Automotive Industry to Hold the Largest Share of the Market for the Discrete Industry During the Forecast Period
Figure 17 APAC to Exhibit the Highest Growth Rate in the Coming Times
Figure 18 Extensive Use of Digital Technologies in Manufacturing Expected to Drive the Market
Figure 19 Average Annual Wage of Employed People in Chinese Urban Units
Figure 20 Trends in Global Crude Oil Indices and Output
Figure 21 Market Segmentation, By Component
Figure 22 Classification of Machine Vision Used in Market
Figure 23 Classification of Cameras Used in Market
Figure 24 Market, By Solution
Figure 25 Scope of SCADA in Market
Figure 26 Advantages of PLC in Automation Process
Figure 27 Benefits of DCS in Industrial Plant
Figure 28 Advantages of PLM Software in Manufacturing Industries
Figure 29 Market, By Industry
Figure 30 Market, By Geography
Figure 31 Snapshot: Market in North America
Figure 32 Snapshot: Market in APAC
Figure 33 Market (Global) Competitive Leadership Mapping, 2017
Figure 34 ABB: Company Snapshot
Figure 35 Emerson: Company Snapshot
Figure 36 Siemens: Company Snapshot
Figure 37 Schneider Electric Se: Company Snapshot
Figure 38 Mitsubishi Electric Corporation: Company Snapshot
Figure 39 General Electric: Company Snapshot
Figure 40 Rockwell Automation: Company Snapshot
Figure 41 Honeywell: Company Snapshot
Figure 42 Yokogawa Electric Corporation: Company Snapshot
Figure 43 Omron Corporation: Company Snapshot
Figure 44 Endress+Hauser: Company Snapshot
Figure 45 Fanuc: Company Snapshot
Figure 46 Stratasys: Company Snapshot
Figure 47 3D Systems: Company Snapshot
Figure 48 HP: Company Snapshot

The study involved 4 major activities to estimate the current size for the industry control and factory automation market. Exhaustive secondary research was done to collect information on market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Factiva and Avention have been referred to, so as to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.

Primary Research

Extensive primary research has been conducted after gaining knowledge about the industrial control and factory automation scenario through secondary research. Several primary interviews have been conducted with market experts from both demand and supply sides across 4 major regions North America, Europe, APAC, and RoW. Approximately 30% and 70% primary interviews have been conducted with parties from the demand and supply sides, respectively. These primary data have been collected through questionnaires, e-mails, and telephonic interviews.

The following figure shows the breakdown of primaries based on company type, designation, and region.

Industry Control and Factory Automation Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the size of the global industrial control and factory automation market and other dependent submarkets. Key players in the market have been identified through secondary research, and their market rankings in the respective regions have been determined through primary and secondary research. This entire research methodology involves the study of annual and financial reports of top players and interviews with industry experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative) about the industrial control and factory automation market. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. These data have been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.

Data Triangulation

After arriving at the overall market size from the 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 the segments, the market breakdown and data triangulation procedures have been employed wherever applicable. The data have been triangulated by studying various factors and trends from both demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.

The industrial control and factory automation market was valued at USD 148.34 billion in 2017 and is expected to reach USD 269.45 billion by 2024, at a CAGR of 9.08% from 2018 to 2024. The base year of the study is 2017 and the forecast period is from 2018 to 2024.

Study objectives are as follows:

  • To define, describe, and forecast the industrial control and factory automation, in terms of value, on the basis of technology, component, and industry
  • To forecast the market size, in terms of value, for segments with respect to 4 main regions- North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To provide an overall view of the global market through illustrative segmentations, analyses, and market size estimations of the major geographic segments
  • To analyze the competitive intelligence of players based on company profiles, key player strategies, and game-changing developments such as product launches and acquisitions
  • To strategically analyze the micromarkets1 with respect to the individual growth trends, prospects, and contribution to the total market
  • To strategically profile key players and comprehensively analyze their market ranking and core competencies2, along with detailing the competitive landscape for the market leaders
  • To analyze strategic developments such as joint ventures, mergers and acquisitions, new product developments, and R&D in the industrial control and factory automation

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report.

Geographic Analysi

  • Further country-wise breakdown of the market in APAC based on industry

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Report Code
SE 2505
Published ON
Jan, 2019
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