Global Industrial Automation Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • Jun 2021
  • Global
  • 350 Pages
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Global Industrial Automation Market, By Type (Fixed Automation and Programmable Automation), Component (Industrial Robots, Machine Vision, Control Valves, Field Instruments, Human–Machine Interface, Industrial PC, Sensors and Industrial 3D Printing), Solution (Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Functional Safety and Plant Asset Management (PAM)), Industry (Process Industry and Discrete Industry), 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

Industrial Automation Market Market Analysis and Insights of Global Industrial Automation Market

Data Bridge Market Research analyses that the industrial automation market would exhibit a CAGR of 8.91% for the forecast period. Increased focus of the manufacturers on optimum utilization of resources, increased adoption of industrial robots in manufacturing sector for fast production capacities and supportive government policies and initiatives are the major factors attributable to the growth of industrial automation market. Therefore, in terms of market value, the industrial automation market would stand tall by USD 628.25 billion by the year 2028.

Industrial automation refers to a technological system that reduces the dependence upon humans to perform and undertake the industrial operations. Industrial automations incorporates the application of control systems, such as computers or robots, and information technologies to perform the industrial operations by providing increased efficiency, control, precision and greater cost-effectiveness.

Increasing demand for automation services in the industries coupled with adoption of internet of things technology would imply growth in the industrial automation market value. A wide range of benefits offered by industrial automation will also create lucrative growth opportunities for the industrial automation market in the long run. Increased focus on the technological advancements in industrial automation will also propel growth in the industrial automation market demand.  

However, lack of skilled professionals or trained expertise will pose a major challenge to the industrial automation market growth. Also, high initial capital investments will act as market restraint for the industrial automation market. Complications involved in the technical applications will further dampen the industrial automation market growth rate.

This industrial automation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 industrial automation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Industrial Automation Market Scope and Market Size

The industrial automation market is segmented on the basis of type, component, solution and industry. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • Based on type, the industrial automation market is segmented into fixed automation and programmable automation.
  • Based on component, the industrial automation market is segmented into industrial robots, machine vision, control valves, field instruments, human–machine interface, industrial PC, sensors and industrial 3D printing. Industrial robots segment is sub-segmented into traditional industrial robots and collaborative industrial robots. Traditional industrial robots segment is further sub-segmented into articulated robots, Cartesian robot, selective compliance assembly robot ARM (SCARA), parallel robot and others. Machine vision segment is further sub-segmented into cameras and frame gabber, optics and LED lighting. Cameras segment is further bifurcated into analog camera, digital camera and smart camera. Frame gabber, optics and LED lighting segment is further bifurcated into processors and software. Field instrument segment is sub-segmented into flow meters and transmitters. Transmitters segment is further bifurcated into pressure transmitters, temperature transmitters and level transmitters.
  • Based on solution, the industrial automation market is segmented into supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), manufacturing execution system (MES), product lifecycle management (PLM), functional safety and plant asset management (PAM).
  • On the basis of industry, the industrial automation market is segmented into process industry and discrete industry. Process industry segment is sub-segmented into oil and gas, chemicals, paper and pulp, pharmaceuticals, mining and metals, food and beverages, power and others. Discrete industry segment is sub-segmented into automotive, machine manufacturing, semiconductor and electronics, aerospace and defense, medical devices and others.

Global Industrial Automation Market Country Level Analysis

Global industrial automation market is analysed and market size insights and trends are provided by country, type, component, solution and industry as referenced above.

The countries covered in the industrial automation market report are the 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 dominates the industrial automation market and will continue to flourish its trend of dominance during the forecast period owing to the extensive adoption of enabling technologies such as artificial intelligence, big data, cyber security in manufacturing and internet of things technology. Asia-Pacific will hover score the highest CAGR for the forecast period owing to rising industrialization and increasing adoption of advanced industrial technologies.

The country section of the industrial automation 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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Competitive Landscape and Industrial Automation Market Share Analysis

The industrial automation 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, global presence, production sites and facilities, production capacities, 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 industrial automation market.

The major players covered in the industrial automation market report are Emerson Electric Co., ABB, Siemens, Schneider Electric, Endress+Hauser, Yokogawa India Ltd., Honeywell International Inc., WIKA Instruments India Pvt. Ltd., Azbil Corporation, Fuji Electric Co., Ltd, 3D Systems, Inc., HP Development Company, L.P., FANUC CORPORATION, Stratasys Ltd, Hitachi, Ltd., Tegan Innovations, Rockwell Automation, Chaos Prime Inc. and Dwyer Instruments Inc. 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.

Customization Available : Global Industrial Automation Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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