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 motion control market is expected to grow from USD 16.5 billion in 2024 to USD 21.6 billion by 2029, at a compound annual growth rate (CAGR) of 5.5% during the forecast period.The key players ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan).
The global machine condition monitoring monitoring market size is expected to grow from USD 3.1 billion in 2024 to USD 4.7 billion by 2029, at a compound annual growth rate (CAGR) of 8.3% during the forecast period.The key players Emerson Electric Co. (US), Honeywell International Inc. (US), PARKER HANNIFIN CORP. (US), Rockwell Automation (US), General Electric (US), Amphenol Corporation (US) and others.
The Ball valves market size is expected to grow from USD 13.6 billion in 2023 to USD 17.0 billion by 2028, at a compound annual growth rate (CAGR) of 4.6% during the forecast period.The Key players Emerson Electric Co. (US), Flowserve Corporation (US), SLB (US), IMI (UK), Valmet (Finland), Crane Company (US), KITZ Corporation (Japan), Neway Valves Co. Ltd. (China), Spirax Sarco Limited (UK), Trillium Flow Technologies (US).
The in-plant logistics market is expected to grow from USD 12.3 billion in 2023 to USD 19.5 billion by 2028, at a compound annual growth rate (CAGR) of 9.7% during the forecast period.The key players Daifuku Co., Ltd. (Japan), JBT (US), KION GROUP AG (Germany), KUKA AG (Germany), and Toyota Industries Corporation (Japan).
The global emission monitoring system market is expected to grow from USD 3.2 billion in 2023 to USD 5.0 billion by 2028, at a compound annual growth rate (CAGR) of 9.3% during the forecast period.The key players AMETEK. Inc. (US), Emerson Electric Co. (US), Thermo Fisher Scientific Inc. (US), Baker Hughes Company (US), Teledyne Technologies Incorporated (US).
District Heating Market Size is expected to reach USD 242.1 billion by 2028 from USD 191.5 billion in 2023, at a compound annual growth rate (CAGR) of 4.8% during the forecast period. The key players Fortum (Finland), Vattenfall (Sweden), ENGIE (France), Danfoss (Denmark), Statkraft (Norway)
The Compressed Air Filter and Dryer Market is expected to grow from USD 5.6 billion in 2023 to USD 7.4 billion by 2028, at a compound annual growth rate (CAGR) of 5.8% during the forecast period.The key players Atlas Copco (Sweden), Ingersoll Rand (US), PARKER HANNIFIN CORP (US), Pentair (UK), and Donaldson Company, Inc. (US).
The HMI market is expected to grow from USD 5.2 billion in 2023 to USD 7.7 billion by 2028, at a compound annual growth rate (CAGR) of 8.2% during the forecast period. The key Players Rockwell Automation (US), Siemens (Germany), Schneider Electric (France), ABB (Switzerland), and Honeywell International Inc. (US).
The global CNC Machine Market is expected to grow from USD 67.5 billion in 2023 to USD 80.4 billion by 2028, at a compound annual growth rate (CAGR) of 3.5% during the forecast period.The key players DMG MORI (Japan), Okuma Corporation (Japan), Makino Milling Machine Co., Ltd. (Japan), Haas Automation, Inc (US), JTEKT Corporation (Japan), DN SOLUTIONS (South Korea), TRUMPF (Germany), Hurco Companies, Inc. (US), Yamazaki Mazak Corporation (Japan), GF Machining Solutions Management SA (Switzerland), CHIRON Group SE (Germany), MAG IAS GmbH (Germany), GROB-WERKE GmbH & Co. KG (Germany), EMAG GmbH & Co. KG (Germany).
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 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 AI in agriculture market size 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 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 size 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 Cleaning Robot market share is expected to grow from USD 17.97 billion in 2025 to USD 41.5 billion by 2030, at a compound annual growth rate (CAGR) of 18.2% 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 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 global safety light curtain market is anticipated to grow from USD 1.3 billion in 2025 to USD 1.7 billion by 2030, recording a CAGR of 6.3% during 2025–2030The 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 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 global industrial safety market is anticipated to grow from USD 7.7 billion in 2025 to USD 10.6 billion by 2030, recording a CAGR of 6.5% during 2025–2030. 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 High Integrity Pressure Protection System market is anticipated to grow from USD 422.0 million in 2025 to USD 564.2 million by 2030, recording a CAGR of 6.0% during 2025–2030. 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 COVID-19 Impact on Smart Manufacturing Market is expected to grow from USD 181.3 billion in 2020 to USD 220.4 billion by 2025, at a CAGR of 4.0% during the forecast period. Some of the companies involved in the development of smart manufacturing solutions include 3D Systems (US ), CISCO (US), General Electric (US), Honeywell (US), IBM (Europe), Mitsubishi Corporation (Japan), Schneider (Europe), Siemens (Europe), Oracle (US), SAP (Europe), Yokogawa (Japan) and Stratasys (US).
The Ultraviolet Analyzer Market is expected to grow from USD 1.0 billion by 2019 to USD 1.4 billion by 2024, at a CAGR of 6.4% during the forecast period. The report profiles the most promising players in the market. The market is highly dynamic because of the presence of a significant number of big and small players operating in it. Key players in the market are ABB Ltd. (Switzerland), AMETEK, Inc. (US), Emerson Electric Co. (US), Halma plc (UK), Horiba, Ltd (Japan), Teledyne Analytical Instruments Inc. (US), Thermo Fisher Scientific Inc. (US), Xylem Inc. (US), Agilent Technologies Inc. (US), and Hitachi High-Technologies Corporation (Japan).
The Hybrid Valve Market is expected to grow from USD 1.0 billion in 2019 to USD 1.4 billion by 2024, at a CAGR of 6.4% during the forecast period. A few key players operating in the hybrid valves industry are Emerson (US), IMI PLC (UK), Trillium Flow Technologies (US), and Dymet alloys (UK).
The conveyor monitoring market is expected to reach USD 254 million by 2024 from USD 215 million in 2019; it is expected to record a CAGR of 3.5%. The growth of this market propelled by the rising focus of companies on the reduction of revenue loss due to faults in conveyor systems and increasing awareness of predictive maintenance tools and techniques, including conveyor monitoring, to eliminate wastage, reduce maintenance costs and period, increase credibility to the customers. Beltscan Systems Pty Ltd. (Australia), Yellowtec (Australia), Honeywell International Inc. (US), ContiTech Conveyor Belt Group (Germany), Fenner Dunlop (Australia), PHOENIX CBS GMBH (Germany), Emerson Electric Co. (US), Bruel & Kjaer (Denmark), SKF (Sweden), and Parker Hannifin Corporation (US) are a few major players operating in the conveyor monitoring market.
The single loop controller market was valued at USD 94 million in 2018 and is expected to reach USD 103 million by 2024, at a CAGR of 1.4% from 2019 to 2024. Changing energy trends such as increasing demand for unconventional energy sources, booming power sector, and growing investments toward power generation projects drive the growth of the market. The leading players in the single loop controller market include WEST Control Solutions (UK), Eurotherm (UK), Honeywell (US), ABB (Switzerland), OMRON (Japan), Sure Controls (UK), Yokogawa (Japan), Gefran (Italy), Azbil Corporation (Japan), Mitsubishi (Tokyo), Carotek (US), and PSG Plastic Service GmbH (Europe), among others.
The field device management market is projected to grow from USD 1.3 billion in 2019 to USD 1.8 billion by 2024; it is expected to grow at a compound annual growth rate (CAGR) of 6.7%. Siemens AG (Siemens, Germany); Emerson Electric Co. (Emerson, US); ABB Group (ABB, Switzerland); Schneider Electric (Schneider Electric, France); Honeywell International Inc. (Honeywell, US); Rockwell Automation, Inc. (Rockwell, US); Yokogawa Electric Corporation (Yokogawa, Japan); OMRON Corporation (OMRON, Japan); Mitsubishi Electric Corporation (Mitsubishi Electric, Japan); Fanuc Corporation (Fanuc, Japan); Metso Corporation (Metso, Finland); Valmet Oyj (Valmet, Finland); Hamilton Company (Hamilton, US); Phoenix Contact GmbH & Co. KG (Phoenix Contact, Germany); Endress+Hauser AG (Endress+Hauser, Switzerland); Festo AG (Festo, Germany); Omega Engineering (Omega, UK); Hach (Hach, US); Azbil Corporation (Azbil Corporation, Japan); and Weidmüller (Weidmüller, Germany) are among a few major players in the field device management market.
The overall smart pneumatics market is estimated to grow from USD 3.3 billion in 2018 to USD 4.6 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growth of this market will be propelled by growing awareness about predictive maintenance, penetration of digitization and IIoT, and need for wireless infrastructure to maintain/monitor equipment in plants. Emerson Electric Co. (US), Festo AG & Co. KG (Germany), Parker Hannifin Corporation (US), Bimba Manufacturing Co. (US), Rotork plc (UK), Metso Corporation (Finland), and Thomson Industries, Inc. (US). are the major players operating in this market.
The flue gas analyzer market is estimated to be worth USD 576.2 Million in 2017 and is expected to reach USD 814.2 Million by 2023, at a CAGR of 5.93% between 2017 and 2023. The growth of this market is propelled by the rise in the demand for environmental protection, stringent environmental and legal regulations, and increase in health and safety concerns. ABB (Switzerland), SICK (Germany), Teledyne Analytical Instruments (US), Emerson (US), AMETEK (US), HORIBA (Japan), California Analytical Instruments (US), Environnement (France), Testo (Germany), Nova Analytical Systems (US), Dragerwerk (Germany), Thermo Fisher Scientific (US), and Siemens (Germany) are some major companies in this market
The terminal management system (TMS) market was valued at USD 725.5 Million in 2016 and is expected to reach USD 1,097.7 Million by 2023, at a CAGR of 5.94% between 2017 and 2023. The increased use of integrated safety and security solutions, which enhance the level of automation at terminals, is a driving factor for this market.
The packaging automation solution market was valued at USD 28.39 Billion in 2015 and is expected to reach USD 52.42 Billion by 2022, growing at a CAGR of 8.68% during the forecast period. The increasing adoption of automation solutions across various industries, increasing need for supply chain integration, and reduction in labor costs are the major drivers for the packaging automation solution market.
The immersive simulator market is estimated to be worth USD 11.44 Billion by 2022, at a CAGR of 35.13% between 2016 and 2022. The growth of this market is majorly driven by the increasing applications in the medical industry, risk mitigation in oil and gas industries through training in immersive simulator, and ability to transfer knowledge quickly through training in immersive simulator
The rising need for enhanced operational efficiency, intensifying competitive scenario among manufacturers, and growing supplier complexity are the key factors that influence the enterprise manufacturing intelligence market. The enterprise manufacturing intelligence (EMI) market is estimated to be valued at USD 1.53 Billion in 2016 and is expected to register a CAGR of 17.1%, to reach USD 3.95 Billion by 2022.
The increasing automation of industrial processes, demand for compact automation solutions, and widespread adoption of IoT connectivity are the key influencing factors of the micro and nano PLC market. The micro and nano PLC market was valued at USD 5.58 Billion in 2015 and is expected to at a CAGR of 6.9% between 2016 and 2022. The base year considered for study is 2015 and the forecast period is between 2016 and 2022. The objective of the report is to provide a detailed analysis of the micro and nano PLC market based on type, offering, architecture, industry, and geography.
The compressor control systems market is expected to grow at a CAGR of 4.7% between 2016 and 2022, from USD 4.60 Billion in 2015 to USD 6.39 Billion by 2022. The compressor control systems market has a high growth potential in various applications; however, those in industries such as oil & gas, refining, and petrochemical has been remarkable, and this is one of the prime drivers, owing to which the market is emerging globally. Some other industries such as power generation, metals & mining, fertilizers, automobile, and cement are also expected to be large application areas for the compressor control systems market in the near future.