Industrial automation is the use of information technology and control systems (computers and set of devices) by replacing the human operator with these systems in order to control and regulate various industrial processes. In t ....see more
The global hygienic pumps and valves market is expected to grow from USD 2.3 billion in 2023 to USD 2.8 billion by 2028, at a compound annual growth rate (CAGR) of 3.7% during the forecast period.The major players Alfa Laval (Sweden), GEA Group Aktiengesellschaft (Germany), SPX FLOW, Inc. (US), Emerson Electric Co. (US), Spirax-Sarco Engineering plc (UK), and Flowserve Corporation (US).
The global sanitary pumps and valves market is expected to grow from USD 2.1 billion in 2023 to USD 2.5 billion by 2028, at a compound annual growth rate (CAGR) of 3.6% during the forecast period.The major players Alfa Laval (Sweden), Fristam Pumpen KG (GmbH & Co.) (Germany), GEA Group Aktiengesellschaft (Germany), SPX FLOW, Inc. (US), and Dover Corporation (US).
The Automated Material Handling Equipment Market is expected to grow from USD 30.6 billion in 2023 to USD 45.7 billion by 2028, at a compound annual growth rate (CAGR) of 8.3% during the forecast period.The report profiles key players such as Daifuku, KION, SSI Schaffer, Toyota Industries, and Honeywell International.
The global Machine Safety market is expected to grow from USD 5.2 billion in 2023 to USD 6.8 billion by 2028, at a compound annual growth rate (CAGR) of 5.7% during the forecast period.The Key players operating in the Machine Safety market include Emerson Electric Co. (US), Schneider Electric (France), Honeywell International Inc (US), Rockwell Automation, Inc. (US), and Siemens AG (Germany).
The global HVAC system market is expected to grow from USD 206.3 billion in 2023 to USD 280.1 billion by 2028, at a compound annual growth rate (CAGR) of 6.3 during the forecast period.The Key Players DAIKIN INDUSTRIES, Ltd. (Japan), Johnson Controls (US), Carrier (US), Trane Technologies plc (US), LG Electronics (South Korea).
The global industrial valves market is expected to grow from USD 80.4 billion in 2023 to USD 99.8 billion by 2028, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.The Major Players Emerson (US), Flowserve Corporation (US), Schlumberger Limited (US), Crane Co. (Sweden), Neles (Finland), KITZ Corporation (Japan), IMI PLC (UK), KSB SE & Co. KGaA (Germany), Bray International (US), and Spirax-Sarco Engineering PLC (UK).
The AI in agriculture market is expected to grow from USD 1.7 billion in 2023 to USD 4.7 billion in 2028, at a compound annual growth rate (CAGR) of 23.1% during the forecast period.The key players Deere & Company (US), IBM (US), Microsoft (US), The Climate Corporation (US), Farmers Edge Inc. (Canada), Granular Inc. (Canada), AgEagle Aerial Syatems Inc. (US), Descartes Labs, Inc. (US).
The global AI in computer vision market is expected to grow from USD 17.2 billion in 2023 to USD 45.7 billion by 2028, at a compound annual growth rate (CAGR) of 21.5% during the forecast period.The Key Players NVIDIA Corporation (US), Intel Corporation (US), Microsoft (US), IBM Corporation (US), Qualcomm Technologies Inc. (US), Advanced Micro Devices, Inc (US), Alphabet, Inc. (US), Amazon (US), Basler AG (Germany), Hailo (US), and Groq, Inc. (US). The other company profiles included in the scope are Sighthound, Inc. (US), Neurala, Inc. (US), Datagen (Israel), Graphcore (UK), Groopic (US), Ultraleap (US), Algolux (US), Athena Security (US), Snorkel AI (US), Vizseek (US), Robotic Vision Technologies (US), AMP Robotics (US), CureMetrix (US), and Creative Virtual (UK) .
The mass flow controller market is expected to grow from USD 1.7 billion in 2023 to USD 3.3 billion in 2028, at a compound annual growth rate (CAGR) of 14.0% during the forecast period. The Key players Brooks Instrument (US), Bronkhorst (Netherland), Christian Bürkert GmbH & Co. KG (Germany), MKS Instruments (US), Sierra Instruments (US), HORIBA, Ltd. (Japan), Sensirion AG (Switzerland), Teledyne Hastings Instruments (US), Alicat Scientific (US), Parker Hannifin Corp (US).
The global 3D scanners market is expected to grow from USD 1.1 Billion in 2023 to USD 1.5 Billion by 2028, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.The major players Hexagon AB (Sweden), FARO Technologies, Inc. (US), Trimble Inc. (US), Nikon Corporation (Japan), and Carl Zeiss AG (Germany).
The industrial PC market is expected to grow from USD 5.0 billion in 2023 to USD 6.6 billion in 2028, at a compound annual growth rate (CAGR) of 5.5% during the forecast period.The Key players Advantech Co., Ltd., (Taiwan), Beckhoff Automation (Germany), IEI Integration Corporation (Taiwan), Siemens (Germany), B&R Automation (Austria), Kontron (Germany), Avalue Technology Incorporation (Taiwan), DFI (Taiwan), NEXCOM International Co., Ltd., (Taiwan), and American Portwell Technology Inc. (US).
The global automatic tube cleaning system market is expected to grow from USD 117 million in 2023 to USD 143 million by 2028, at a compound annual growth rate (CAGR) of 4.0% during the forecast period.The Major Players Taprogge Gmbh (Germany) BEAUDREY (France), WesTech Engineering, LLC (U.S.), Ovivo (Canada), Balltech Energy Ltd.(Israel) and among others
The global remote monitoring and control market is expected to grow from USD 24.6 billion in 2022 to USD 32.3 billion by 2027, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The Top Players Emerson Electric (US), Honeywell International (US), Siemens (Germany), Schneider Electric (France), and ABB (Switzerland).
The global ASRS market is expected to grow from USD 8.3 billion in 2022 to USD 11.8 billion by 2027, at a compound annual growth rate (CAGR) of 7.4% during the forecast period.The Key Players Daifuku, Murata Machinery, SSI Schaefer, TGW Logistics, and Kardex.
The system integrator market is expected to grow from USD 27.0 billion in 2022 to USD 35.5 billion by 2027, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The key players John Wood Group PLC (UK), ATS Automation (Canada), Avanceon Limited (US), JR Automation (US), Tesco Controls, Inc. (US), Burrow Global LLC (US), Prime Controls LP (US), MAVERICK Technologies (US), Barry-Wehmiller Design Group (US), and INTECH Process Automation (US).
The valve positioner market is expected to grow from USD 1.8 billion in 2022 to USD 2.4 billion in 2027, at a compound annual growth rate (CAGR) of 5.6% during the forecast period. The Key Players Emerson Electric Co. (US), ABB (Switzerland), Flowserve Corporation (US), Siemens AG (Germany), Schneider Electric (France), SMC (Japan), Azbil Corporation (Japan), Baker Hughes Company (US), Rotork plc (UK), Valmet (Finland). Samson AG (Germany), VRG Controls (US), Festo Inc. (Germany), Badger Meter, Inc. (US), ControlAir (US), Crane Co. (US), Christian Burkert GmbH & Co. KG (Germany), GEMU Group (Germany), Dwyer Instruments LTD (US), Valve Related Controls, Inc (US), Power-Genex Ltd. (South Korea), Val Controls (Denmark), Bray International (US), Nihon KOSO Co., Ltd. (Japan), Spirax-Sarco Limited (UK).
The global SCADA market is expected to grow from USD 9.8 billion in 2022 to USD 14.2 billion by 2027, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The Top Players Rockwell Automation (US), Schneider Electric (France), Emerson Electric (US), Siemens (Germany), and ABB (Switzerland).
The Machine Vision market is expected to grow from USD 12.0 billion in 2022 to USD 17.2 billion in 2027, at a compound annual growth rate (CAGR) of 7.4% during the forecast period.The key players Cognex Corporation (US), Keyence (Japan), Teledyne Technologies (US), TKH GROUP (Germany), Basler (Germany), OMRON Corporation (Japan), NATIONAL INSTRUMENTS CORP (US), Intel Corporation(US).
The global fire protection system market is expected to grow from USD 66.8 billion in 2022 to USD 92.1 billion by 2027, at a compound annual growth rate (CAGR) of 6.6% during the forecast period.The Major Players Carrier Global Corporation (US), Honeywell International Inc. (US), Johnson Controls (Ireland), Robert Bosch GmbH (Germany), and Siemens (Germany).
The global district heating market is expected to grow from USD 167.8 Billion in 2022 to USD 226.5 Billion by 2027, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.The Key Players Fortum (Finland), Vattenfall (Sweden), ENGIE (France), Danfoss (Denmark), Statkraft (Norway), LOGSTOR (Denmark), Vital Energi (UK), Kelag (Austria), SHINRYO CORPORATION (Japan).
The industrial metrology market is expected to grow from USD 10.9 billion in 2022 to USD 14.6 billion by 2027, at a compound annual growth rate (CAGR) of 6.1% during the forecast period.The Key Players Hexagon (Sweden), Nikon (Japan), FARO Technologies (US), Carl Zeiss (Germany), Jenoptik (Germany), KLA Corporation (US), Renishaw (UK), Mitutoyo Corporation (Japan), KEYENCE CORPORATION (Japan), Creaform (Canada), Precision Products (US), CARMAR ACCURACY (Taiwan), Baker Hughes (US), CyberOptics (US), Cairnhill Metrology (Singapore), ATT Metrology Services (US), SGS Group (Switzerlands), TriMet (US), Automated Precision (US), Applied Materials (US), Perceptron (US), JLM Advance Technical Service (US), Intertek Group (UK), Bruker (US), and Metrologic Group (France).
The global smart factory marke is expected to grow from USD 86.2 billion in 2022 to USD 140.9 billion by 2027, at a compound annual growth rate (CAGR) of 10.3%. during the forecast period.The Major Players ABB Ltd. (Switzerland), Endress+Hauser AG (Switzerland), Emerson Electric Co. (US), General Electric Company (US), Rockwell Automation Inc, Inc. (US), Schneider Electric SE (France), Siemens AG (Germany), Mitsubishi Electric Corp. (Japan), Honeywell International Inc. (US), and Yokogawa Electric Corp. (Japan).
The global industrial control market & factory automation market is expected to grow from USD 147.9 billion in 2022 to USD 218.8 billion by 2027, at a compound annual growth rate (CAGR) of 8.2% during the forecast period.The Key Players ABB (Switzerland), Emerson (US), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric (Japan), Yokogawa Electric Corporation (Japan), Endress+Hauser (Switzerland), Honeywell (US), Rockwell Automation (US), and General Electric (US).
The Cleaning Robot market share is expected to grow from USD 9.8 Billion in 2022 to USD 25.9 Billion by 2027, at a compound annual growth rate (CAGR) of 21.5% during the forecast period.The Key Players iRobot Corporation (US), Ecovacs Robotics Co., Ltd (China), Samsung Electronics Co., Ltd. (South Korea), Xiaomi (China), and Roborock (China).
The global HMI market is expected to grow from USD 4.9 billion in 2022 to USD 7.3 billion by 2027, at a compound annual growth rate (CAGR) of 8.1% during the forecast period.The Key Players Rockwell Automation Inc. (US), ABB (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Honeywell International Inc. (US), Advantech Co., Ltd. (Taiwan), Emerson Electric Co. (US), General Electric Co. (US), Mitsubishi Electric Corporation (Japan), and Yokogawa Electric Corporation (Japan).
The global flame detector market is expected to grow from USD 1.7 billion in 2022 to USD 2.1 billion by 2027, at a compound annual growth rate (CAGR) of 5.0% during the forecast period.by The Major Players Johnson Controls (Ireland), Carrier Global (US), Honeywell (US), Siemens (Germany), Halma (UK), MSA (US), Robert Bosch (Germany), Emerson Electric (US), Minimax Viking (Germany), and Draeger (Germany).
The safety light curtain market is expected to grow from USD 1.1 billion in 2022 to USD 1.4 billion by 2027, at a compound annual growth rate (CAGR) of 5.8% during the forecast period.The Key players OMRON (Japan), KEYENCE (Japan), SICK (Germany), Rockwell Automation (US), Pepperl+Funch (Germany), Panasonic (Japan), Schneider Electric (France), Datalogic (Italy), Banner Engineering (US), Balluff (Switzerland), Smartscan (UK), Leuze Electronic (Germany), ABB (Switzerland), EUCHNER (Germany), IDEC (Japan), Pilz (Germany), ifm electronic (Germany), Wenglor Sensoric (Germany), Schmersal (Germany), Rockford Systems (US), Contrinex (Switzerland), Orbital Systems (India), Pinnacle Systems (US), HTM Sensors (US), and ISB (Canada).
The ball valves market is expected to grow from USD 13.0 billion in 2022 to USD 16.2 billion by 2027, at a compound annual growth rate (CAGR) of 4.5% during the forecast period.The key players Emerson Electric Co. (US), Schlumberger (US), Flowserve Corporation (US), IMI plc (US), Valmet (Neles Corporation) (Finland), Spirax Sarco Limited (UK), Crane Co. (US), KITZ Corporation (Japan), Trillium Flow Technologies (US), Bray international (US), and Velan, Inc. (Canada).
The global manufacturing execution systems market size is projected to reach USD 20.0 billion by 2027, at a CAGR of 9.0% during the forecast period. The manufacturing execution systems market’s players have implemented various types of organic as well as inorganic growth strategies, such as product launches, product developments, partnerships, and acquisitions to strengthen their offerings in the market. The major players are Siemens(US), Dassault Systemes(US) SAP (US), Rockwell Automation (US) and Honeywell International(US), among others.
The digital twin market is expected to grow from USD 6.9 billion in 2022 to USD 73.5 billion by 2027, at a CAGR of 60.6% during the forecast period. Key players in the digital twin market are General Electric (US), Microsoft (US), Siemens (Germany), Amazon Web Services (US), ANSYS (US), Dassault Systèmes (France), PTC (US), Robert Bosch (Germany), Oracle (US), DNV (Norway), Autodesk (US), SAP (Germany), Emerson (US), ABB (Switzerland), Honeywell (US), IBM (US), Johnson Controls (Ireland), Schneider Electric (France), Software AG (Germany), NavVis (Germany), Bentley Systems (US), Altair (US), SWIM AI (US), River Logic (US), and ANDRITZ (Austria). SMEs/startups covered in the study are Sight Machine (US), Sensat (UK), Cosmo Tech (France), Artemis Technologies (Ireland), FEops (Belgium), Pratiti Technologies (India), QiO Technologies (UK), VEERUM (Canada), Datumix (US), synavision (Germany), Petra Sata Science (Australia), MEIK LABS (US), DigitalTwin Technology (Germany), TWAICE Technologies (Germany), Allvision Io (US), and HASH (UK).
The hydraulics market is expected to grow from USD 41.2 billion in 2022 to USD 49.7 billion by 2027, at a CAGR of 3.8% during the forecast period. Major companies operating in the hydraulics market include Bosch Rexroth (Germany), Danfoss (Denmark), Parker-Hannifin Corporation (US), Enerpac Tool Group (US), HYDAC (Germany), Kawasaki Heavy Industries (Japan), KYB Corporation (Japan), SMC Corporation (Japan), Wipro Enterprises (India), and Caterpillar (US).
The motion control marketis expected to grow from USD 15.5 billion in 2022 to USD 20.0 billion by 2027, at a CAGR of 5.2% during the forecast period. ABB Ltd. (Switzerland), FANUC Corporation (Japan), Parker Hannifin Corporation (US), Rockwell Automation, Inc. (US), Siemens AG (Germany), Yaskawa Electric Corporation (Japan), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Altra Industrial Motion Corp. (US) and Novanta Inc. (US) are few major players in the motion control market.
The Pressure Transmitter Market is expected to grow from USD 2.9 billion in 2022 to USD 3.5 billion by 2027, at a CAGR of 3.6% during the forecast period. Major companies operating in the pressure transmitter market include Emerson (US), ABB (Sweden), Schneider Electric (France), Yokogawa (Japan), Endress+Hauser (Switzerland), Honeywell (US), Siemens (Germany), Fuji Electric (Japan), Danfoss (Denmark), and Hitachi (Japan).
The functional safety market size is predicted to reach USD 7.2 billion by 2027, at a CAGR of 6.8% during the forecast period. The Major Player includes Schneider Electric (France), ABB Ltd. (Switzerland), Honeywell International Inc. (US), Emerson Electric Co. (US), and Rockwell Automation Inc. (US)
The global machine condition monitoring market size is projected to reach USD 4.0 billion by 2027, at a CAGR of 7.8% during the forecast period. Emerson Electric(US) , General Electric(US) , Honeywell International(US), National Instruments(US) and SKF(Sweden) are some of the key players operating in machine condition monitoring market globally.
The global operational technology market is projected to reach USD 216.3 billion by 2027; it is expected to grow at a CAGR of 6.5% during the forecast period. Major companies offering operational technology technologies include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Rockwell Automation (US), Honeywell International Inc. (US), Emerson Electric Co. (US), IBM (US), and General Electric (US).
The industrial safety market is projected to reach USD 8.8 billion by 2027, it is expected to grow at a CAGR of 6.8% during the forecast period. Major players in the industrial safety market are Schneider Electric SE (France), Honeywell International Inc. (US), ABB Ltd. (Switzerland), Rockwell Automation, Inc. (US), Siemens AG (Germany), Emerson Electric Co. (US), Baker Hughes (US), HIMA (Germany), Yokogawa Electric Corp. (Japan), and Omron Corporation (Japan).
The global hydraulic cylinder market size is projected to reach USD 18.3 billion by 2027, it is expected to register a CAGR of 4.4% during the forecast period. Parker-Hannifin Corporation (US), Caterpillar (US), KYB Corporation (Japan), Bosch Rexroth (Germany), Eaton (Ireland), Enerpac Tool Group (US), SMC Corporation (Japan), HYDAC (Germany), Wipro Enterprises (India), and The Jiangsu Hengli Hydraulic Co., Ltd. (China) are a few major players in global Hydraulic Cylinder Market.
The global compressed air filter and dryer market size is expected to reach USD 7.3 billion by 2027, at a CAGR of 6.2% during the forecast period. Atlas Copco (Sweden), Ingersoll Rand (US), Parker-Hannifin (US), Pentair (UK), and Donaldson Company (US) are the top five players in the compressed air filter and dryer market.
Emission Monitoring System (EMS) Market is expected to grow from USD 3.0 billion in 2022 to USD 4.5 billion by 2027, at a compound annual growth rate (CAGR) of 8.8% during the forecast period.The key players ABB Ltd. (Switzerland), AMETEK, Inc. (US), Emerson Electric Company (US), Baker Hughes (US), Siemens AG (Germany), Parker-Hannifin (US), Rockwell Automation (US), SICK (Germany), Teledyne Technologies, Inc. (US), and Thermo Fisher Scientific Inc. (US).
The machine control system market is expected to grow from USD 4.5 billion in 2022 to USD 6.5 billion by 2027, at a CAGR of 7.7% during the forecast period. The key players operating in the machine control system market include Topcon (Japan), Trimble (US), Hexagon (Switzerland), MOBA Mobile Automation (Germany), Hemisphere GNSS (US), and Eos Positioning Systems (US), among others.
The global High Integrity Pressure Protection System market size is projected to reach USD 670 billion by 2027. It is expected to grow at a CAGR of 6.7% during the forecast period. A few of the key players in the HIPPS market are Emerson Electric Co. (US), Yokogawa Electric Corp. (Japan), HIMA (Germany), Rockwell Automation Inc. (US), Schneider Electric (France), Honeywell International (US), ABB (Switzerland), Siemens (Germany), Schlumberger (US), and Baker Hughes (US) are among the major players in the HIPPS market.
The global process automation and instrumentation market size is expected to reach USD 86.6 billion by 2027, at a CAGR of 5.5% during the forecast period. Major companies operating in this process automation and instrumentation market include ABB Ltd. (Switzerland), Emerson Electric Co. (US), Siemens (Germany), General Electric Company (US), and Schneider Electric (France).
The Global Smart Manufacturing Market is expected to grow from USD 88.7 billion in 2021 to USD 228.2 billion by 2027, at a compound annual growth rate (CAGR) of 18.5% during the forecast period.The Top Players ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Rockwell Automation (US), Honeywell International Inc. (US), Emerson Electric Co. (US), IBM (US), and General Electric (US)
The industrial automation market is expected to grow from USD 35.3 billion in 2020 to USD 51.4 billion by 2026, at a CAGR of 7.1% during the forecast period. ABB (Switzerland), Emerson Electric Co. (US), FANUC (Japan), General Electric (US), Honeywell International (US), Mitsubishi Electric (Japan), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), and Yokogawa Electric (Japan) are a few major players in Industrial Automation Market in Europe, Middle East & Africa.
The global warehouse management system market size is expected to reach USD 6.1 billion by 2026, at a CAGR of 16.7% during the forecast period. Major companies operating in this warehouse management system market include Manhattan Associates, Inc. (US), Blue Yonder Group, Inc. (US), HighJump (Körber) (US), Oracle Corporation (US), IBM (US), and SAP (Germany).
The cold chain monitoring market is expected to grow from USD 4.7 billion in 2021 to USD 10.2 billion by 2026, at a CAGR of 16.6% during the forecast period. A few key cold chain monitoring market players are ORBCOMM (US), Sensitech (US), Berlinger & Co. (Switzerland), Elpro-Buchs (Switzerland), and Monnit (US).
The AGV market is projected to reach USD 3.2 billion by 2026, it is expected to grow at a CAGR of 7.7% during the forecast period. Daifuku (Japan), JBT (US), KION (Germany), Toyota Industries (Japan), KUKA (Germany), Hyster-Yale (US), SSI Schaefer (Germany), E&K Automation (Germany), and Oceaneering (US) are some of the major players in the AGV market.
The global vacuum valve market is projected to reach USD 1.8 billion by 2026, at a CAGR of 8.5% during the forecast period. VAT Group AG (Switzerland), MKS Instruments (US), CKD Corporation (Japan), V-TEX Corporation (Japan), ULVAC, Inc. (Japan), SMC Corporation (Japan), HVA LLC (US), Kitz SCT Corporation (Japan), Pfeiffer Vacuum (Germany), and Agilent Technologies (US); are some of the key players in the vacuum valve market.
The global oil condition monitoring market is expected to reach USD 1.4 billion by 2026; it is expected to grow at a CAGR of 6.1% during the forecast period. Key players in the market include Parker-Hannifin Corporation (US), General Electric (US), Shell plc (Netherlands), BP plc (UK), Bureau Veritas (France), Chevron Corporation (Switzerland), Intertek Group plc (UK), SGS SA (France), Eaton Corporation (Ireland), and TotalEnergies (France). These players are increasingly undertaking product launches and developments, acquisitions, partnerships, collaborations, contracts, and agreements, to increase their market shares.