- The market is witnessing a significant shift toward Industry 4.0, with integration of IoT, AI, and machine learning in industrial control systems enabling real-time monitoring, predictive maintenance, and reduced downtime
- Growth in factory automation, especially in emerging economies, is being driven by labor shortages, rising operational costs, and a push for higher manufacturing output with consistent quality
- North America dominated the automation and control market with the largest revenue share in 2024, driven by the widespread adoption of Industry 4.0 practices, increasing investments in smart manufacturing, and the presence of major technology providers
- Asia-Pacific region is expected to witness the highest growth rate in the global automation and control market, driven by rapid industrialization, government-led digital transformation initiatives, and increasing investments in smart manufacturing infrastructure across countries such as China, India, South Korea, and Japan
- The industrial control systems segment dominated the market with the largest market revenue share in 2024, driven by their critical role in managing, regulating, and automating complex industrial operations. Widely adopted across sectors such as manufacturing, oil and gas, and utilities, industrial control systems enable efficient process automation and centralized monitoring. Their robust performance, scalability, and ability to integrate with emerging digital technologies contribute to their strong market position
