Global Automation and Control Market, By Type (Field Devices, Industrial Control Systems, Others), Product Type (Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Manufacturing Execution System (MES), PLC, Human-Machine Interface (HMI), Programmable Automation Controllers (PAC), RTU, Others), Application (Oil and Gas, Mining and Metals, Automotive and Transportation, Machine Manufacturing, Electrical and Electronics, Aerospace and Defense and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automation and Control Market
Automation and control market is expected to grow at a compound annual growth rate of 10.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automation and control provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Automation and control allow manufacturing facilities to enhance the product quality and raise quantity and dependability while dropping the costs incurred in the production and designing of the product. It engrosses the use of control systems and logical programming commands to hold machines and industrial processes, thus reducing human intrusion.
The increasing demand for automation and control in the robotics industry with developments in artificial intelligence have been directly influencing the growth of automation and control market over the forecast period of 2021 to 2028. Also the high adoption of industry 4.0 across various industries is also flourishing the growth of the automation and control market. Also with the help of automation, the various companies are considerably reducing labor and operational expenses and are also minimizing human errors due to the system consistency and efficiency which is also positively impacting the growth of the market. Furthermore, the rising adoption of industrial robots in the manufacturing industry in order to provide demand of increasing population is also acting as an active growth driver towards the growth of the automation and control market. However, rapidly changing technological trends in the manufacturing industry as well as various issues such as high implementation costs of the automation systems along with privacy and security concerns are acting as the major limitations for the growth of automation and control in the above mentioned forecasted period, whereas the lack of regulations and standards pertaining to industry 4.0 have the potential to challenge the automation and control market growth in the forecast period of 2021 to 2028.
Likewise, the rising adoption of process automation across various industries such as energy utilities, automotive and chemicals will further cater ample new opportunities that will lead to the growth of the automation and control market in the above mentioned forecasted period.
This automation and control market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automation and control market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automation and Control Market Scope and Market Size
Automation and control market is segmented on the basis of type, product type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on type, the automation and control market is segmented into field devices, industrial control systems and others.
- The product type segment of the automation and control market is segmented into supervisory control and data acquisition (SCADA), distributed control systems (DCS), manufacturing execution system (MES), PLC, human-machine interface (HMI), programmable automation controllers (PAC), RTU and others.
- On the basis of application, the automation and control market is segmented into oil and gas, mining and metals, automotive and transportation, machine manufacturing, electrical and electronics, aerospace and defense and others.
Automation and Control Market Country Level Analysis
Automation and control market is analyzed and market size, volume information is provided by country, type, product type and application as referenced above.
The countries covered in the automation and control market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Europe leads the automation and control market due to increasing investments in the market in this region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increasing demand for automation and control in the robotics industry, which will flourish the growth of the target market within this region.
The country section of the automation and control market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automation and Control Market Share Analysis
Automation and control market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automation and control market.
The major players covered in the automation and control market report are Siemens AG, General Electric, Schneider Electric, Honeywell International Inc., Rockwell Automation Inc., OMRON Corporation, Fanuc Corporation, Emerson Electric Co., Dwyer Instruments, Inc., ABB, Advantech Co. Ltd., AMETEK, Inc., Schlumberger Limited, Yokogawa India Ltd., Bosch Rexroth AG, Stratasys Ltd, KUKA AG, Mitsubishi Electric Corporation, M+W Group, and Endress+Hauser Group Services AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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