Global Industrial Automation Market – Industry Trends and Forecast to 2030

Global Industrial Automation Market, By Components (Sensors, Industrial Robots, Industrial PC, Machine Vision, Industrial 3D Printing, Human-Machine Interface (HMI), Field Instruments, Control Valves, and Others), Mode of Automation (Semi-Automation and Fully-Automation), Systems (PID, Model Based Control, and Others), Solution (Programmable Logic Controller (PLC), Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Enterprise Level Controls, Programmable Automation Control (PAC), Plant Asset Management (PAM), Digitalization, Functional Safety, Emission Control), Type (Programmable Automation, Fixed or Hard Automation, Integrated Automation, and Flexible or Soft Automation), End User (Process Industries and Discrete Industries) - Industry Trends and Forecast to 2031.

Data Bridge Market Research analyses that the global industrial automation market is expected to reach a value of USD 339.44 billion by 2031 from 181.85 billion in 2023, growing at a CAGR of 8.3% during the forecast period of 2024 to 2031.

 

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**Segments**

- **Product Type:** The industrial automation market can be segmented based on product type into Distributed Control System (DCS), Programmable Logic Control Systems (PLC), Machine Vision Systems, Human-Machine Interface (HMI), Supervisory Control and Data Acquisition (SCADA), and others. Each of these product types plays a crucial role in automating industrial processes and increasing efficiency.

- **End-Use Industry:** Another important segmentation of the industrial automation market is based on end-use industries, including automotive, pharmaceuticals, food & beverage, oil & gas, chemicals, and others. The adoption of automation in these industries offers benefits such as improved productivity, reduced human error, and streamlined processes.

- **Region:** Geographically, the industrial automation market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region is witnessing substantial growth in industrial automation due to rapid industrialization and technological advancements in countries like China and India.

**Market Players**

- **ABB:** ABB is a prominent player in the industrial automation market, offering a wide range of products and solutions for various industries. The company's expertise in robotics, motion, and control systems positions it as a key player in the market.

- **Siemens:** Siemens is another major player known for its innovative automation solutions. The company provides products such as PLCs, SCADA systems, and industrial communication solutions, catering to diverse industrial needs.

- **Rockwell Automation:** Rockwell Automation is a leader in industrial automation, specializing in offering automation control systems, software, and services. The company's focus on digital transformation and smart manufacturing solutions sets it apart in the market.

The industrial automation market is experiencing significant growth, driven by the increasing demand for operational efficiency, productivity, and cost reduction across various industries. The adoption of advanced technologies like artificial intelligence, machine learning, and the Industrial Internet of Things (IIoT) is revolutionizing industrial processes,The industrial automation market is witnessing robust growth propelled by the escalating need for operational efficiency, enhanced productivity, and cost reduction across a wide range of industries globally. The demand for automation solutions is surging as organizations seek to streamline processes, reduce human error, and improve overall output. Product type segmentation in the industrial automation market plays a pivotal role in catering to specific industrial needs. Distributed Control Systems (DCS) are vital for monitoring and controlling complex industrial processes across various sectors. Programmable Logic Control Systems (PLC) offer real-time control and automation functions, enhancing operational efficiency. Machine Vision Systems enable automated inspection, while Human-Machine Interface (HMI) facilitates seamless interaction between humans and machines. Supervisory Control and Data Acquisition (SCADA) systems provide real-time data and control capabilities. End-use industry segmentation reveals key sectors driving the adoption of industrial automation. Industries such as automotive, pharmaceuticals, food & beverage, oil & gas, and chemicals are leveraging automation to boost productivity and ensure quality standards.

Geographical segmentation of the industrial automation market showcases the significant growth potential across various regions. North America and Europe boast mature markets with high adoption rates of automation technologies. Still, the Asia Pacific region is emerging as a frontrunner in industrial automation due to rapid industrialization and technological advancements. Countries like China and India are witnessing substantial growth in automation adoption driven by investments in smart manufacturing and digital transformation initiatives. Market players such as ABB, Siemens, and Rockwell Automation are at the forefront of driving innovation and delivering cutting-edge automation solutions to meet industry demands. ABB's expertise in robotics and control systems, Siemens' innovative automation solutions including PLCs and SCADA systems, and Rockwell Automation's focus on digital transformation and smart manufacturing solutions position them as key players in the market.

The industrial automation market is experiencing a fundamental shift towards advanced technologies such as artificial intelligence, machine learning, and the Industrial Internet of Things (IIoT). These technologies are revolutionizing industrial processes by enabling autonomous operation,**Global Industrial Automation Market Analysis:**

- **Segments:**
- **Product Type:** The industrial automation market is classified into Distributed Control System (DCS), Programmable Logic Control Systems (PLC), Machine Vision Systems, Human-Machine Interface (HMI), Supervisory Control and Data Acquisition (SCADA), and others, each playing a crucial role in enhancing industrial processes efficiency.
- **End-Use Industry:** End-use industry segmentation includes automotive, pharmaceuticals, food & beverage, oil & gas, chemicals, among others. The adoption of automation in these sectors offers advantages like improved productivity, reduced errors, and streamlined operations.
- **Region:** Geographical segmentation divides the market into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region is witnessing substantial growth in industrial automation attributed to rapid industrialization and technological advancements, especially in countries like China and India.

- **Market Players:**
- **ABB:** ABB is a significant player in the industrial automation market, known for its wide range of products and solutions across various industries, particularly in robotics, motion, and control systems.
- **Siemens:** Siemens stands out as a major player offering innovative automation solutions such as PLCs, SCADA systems, and industrial communication solutions catering to diverse industrial needs.
- **Rockwell Automation:** Rockwell Automation is a leader in industrial automation, specializing in automation control systems, software, and services. Its focus on digital

 

The Industrial Automation Market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance.

Major Points Covered in TOC:

Industrial Automation Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, Industrial Automation Market portions by application, study goals, and years considered.

Industrial Automation Market Landscape: Here, the opposition in the Worldwide Industrial Automation Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.

Industrial Automation Profiles of Manufacturers: Here, driving players of the worldwide Industrial Automation Market are considered dependent on deals region, key items, net edge, income, cost, and creation.

Industrial Automation Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide Industrial Automation Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.

Industrial Automation Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide Industrial Automation Market.

Industrial Automation Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.

Keyword: Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.

What to Expect from the Report, a 7-Pointer Guide

• The Industrial Automation Market report dives into the holistic Strategy and Innovation for this market ecosystem
• The Industrial Automation Market report keenly isolates and upholds notable prominent market drivers and barriers
• The Industrial Automation Market report sets clarity in identifying technological standardization as well as the regulatory
• framework, besides significantly assessing various implementation models besides evaluation of numerous use cases
• The Industrial Automation Market report is also a rich repository of crucial information across the industry, highlighting details on novel investments as well as stakeholders and relevant contributors and market participants.
• A through market analytical survey and forecast references through the forecast tenure, encapsulating details on historical developments, concurrent events as well as future growth probability

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