Global Industrial Control and Factory Automation Market

Global Industrial Control and Factory Automation Market by Solution (Supervisory Control and Data Acquisition, Programmable Logic Controllers, Distributed Control Systems, Manufacturing Execution Systems, Product Lifecycle Management, Plant Asset Management, Functional Safety), by Component (Industrial Robots, Industrial 3D Printing, Control Valves, Machine Vision, Field Instrument, HMI, Industrial PC, and Sensors), By Industry Vertical (Aerospace & Defense, Automotive, Chemical, Energy & Utilities, Food & Beverage, Healthcare, Manufacturing, Mining & Metal, Oil & Gas, Transportation, and Others) and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)- Global Forecast to 2025

Global Industrial Control and Factory Automation Market Overview:

Industrial automation refers to the combination of multiple devices (or multiple processes) into an organic complex, which is controlled by various control devices and actuators to coordinate the actions of each device (or each method), correct errors, and check quality. Make the whole production process automatically realized according to people’s requirements and minimize human operation and intervention. Industrial automation technology is a kind of application of control theory, instruments, computers, and other information technologies to achieve detection, control, optimization, scheduling, management, and decision-making of industrial production processes.

Global Industrial Control and Factory Automation Market Insights

Global industrial control and factory automation market size valued at USD 141.22 billion in 2019, which likely to reach USD 265.86 billion by 2027, growing at a CAGR of 7.83 % during 2020–2027. The growth of the market can be attributed to the emergence of connected enterprises, industrial automation, and optimum utilization of resources, the initiatives by various governments for the adoption of automation. Additionally, the surge in the adoption of process automation across multiple industries such as automotive, energy utilities, and chemicals will spur the growth of the global industrial control and factory automation industry. Furthermore, the emerging applications such as heating ventilation air conditioning (HVAC) systems, electronic power distribution systems, and human-machine interface (HMI) will fuel the growth of the market in the upcoming years. Also, the increasing focus toward cost lessening and the swelling need for precision in several processes propelling the growth of the industrial control and factory automation market across the globe.

Moreover, the increased use of technology in manufacturing, especially the increase in the adoption rate of industrial robots, supply chain upgrades, and mass production to meet the growing population, along with the measures taken by the government will trigger the growth of the market. Further, the digitization and Industry 4.0 revolution have significantly influenced the industrial control and factory automation industry in the coming years. The growing usages of smart systems, components, and smart machinery and equipment, for the improvement of processes through automation and self-optimization, are projected to the robust growth of the market.

Growth Driver

The rise in adoption of robots in global manufacturing industry

The application of robots by large-scale general manufacturing industries is basically in a spontaneous, decentralized, or scattered state. The robot integrates modern manufacturing technology, new material technology, and information control technology. It is a representative product of intelligent manufacturing. Its R&D, manufacturing, and application have become an essential indicator of technological innovation and manufacturing level, which has caused the world’s manufacturing power. In the manufacturing industry, robots are used as a computer system to track the flow of operations from raw materials to final products.

Emphasis on industrial automation and optimum utilization of resources

Manufacturers are working on using the most advanced digital technologies (such as IIOT, AI, and big data, etc.) to make device management more intelligent, minimize risks, and optimize operating procedures. Automation will not only improve operations but also increase work efficiency and optimize utilities. To reduce the risk and cost of human error, they are trying to eliminate human factors from certain tasks. To accelerate the implementation of business strategies, companies are using digital technology for information sharing and collaboration, and data analysis to promote their decision-making process. Automation will enable production optimization and partial autonomous operation.

Adoption of Industry 4.0 for industrial manufacturing

Industry 4.0 implements real-time management through network technologies that determine the manufacturing process. Industry 4.0 embodies the paradigm shift of the production model from centralized to decentralized. It is precise because of the technological advances that have disrupted traditional production process theories that all this becomes possible. In the future smart manufacturing, Information Physics Fusion System (CPS) is of considerable significance to cover many industrial sectors and application fields such as automation, production technology, automotive, mechanical engineering, energy, transportation, and telemedicine.

COVID-19 Impacts Insights

Since the beginning of 2020, the COVID-19 epidemic has surprised the industry like a black swan. When the industries did not have time to respond, the epidemic forced the closure of various cities and shut down the work, which caused the major manufacturing countries to halt. In the long run, the outbreak has exposed some of the problems and risks that existed before the manufacturing industry and will force the manufacturing industry to reform, including further improvement of automation and informatization level and improvement of the logistics system.

Solutions Segmental Analysis

Based on solutions, the global industrial control and factory automation market classified into supervisory control and data acquisition, programmable logic controllers, distributed control systems, manufacturing execution systems, product lifecycle management, plant asset management, functional safety. The distributed control systems segment held maximum market share in industrial control and factory automation in 2019. It is attributable to the growing advantages of DCS in oil & gas, automobile, chemical, food & beverages, and pharmaceutical industries for decision integrity, simplified operations, and increasing productivity in manufacturing plants.

The supervisory control and data acquisition will grow at a significant rate in the forecast period. It is owing to the surge in adoption of SCADA systems in manufacturing, and the water and wastewater industry.

Component Segmental Analysis

Based on Component, the global industrial control and factory automation market segregated into industrial robots, industrial 3D printing, control valves, machine vision, field instrument, HMI industrial pc, and sensors. The industrial robots segment accounted for a higher revenue share in 2019 and projected to dominate the industrial control and factory automation market by 2027. It is primarily attributed to robots help in reducing human intervention in the production process, reduces the cost of manufacturing with improved quality and increased production capacity.

The control valves will grow with a lucrative growth rate in the forecast period. It is due to their massive adoption in the oil and gas industry, as they provide benefits of pressure and temperature control during downstream, midstream, and upstream activities.

Industry Vertical Segmental Analysis

Based on industry vertical, the global industrial control and factory automation market classified into aerospace & defense, automotive, chemical, energy & utilities, food & beverage, healthcare, manufacturing, mining & metal, oil & gas, transportation, and others. The mining & metal segment will hold higher market potential by 2027. It is owing to automation in mining, provides better productivity, ensures safety, minimize wear, enhances reliability, and improves quality. It offers precise speed and torque control.

The manufacturing held a significant market share in 2019. It is due to the manufacturers face increasing cost pressure and needs to optimize production processes, the adoption rate of solutions related to industrial control and factory automation is high.

Region Segmental Analysis

Based on geography, the global industrial control and factory automation market segmented into North America, Asia Pacific, Europe, South America, and Middle East & Africa. The Asia Pacific is slated to account for a significant share by 2027 in the industrial control and factory automation market. The growth in the region is based on technological innovations and the high adoption of automation technologies in various industries. Further, low manufacturing cost, enlarged mechanization in several countries such as Japan, China, and India, will spur the APAC market.

North America is projected to provide significant growth opportunities due to the rise in demand for increasing operational efficacy and streamlining the manufacturing schedule across various industry verticals along with the presence of numerous manufacturing companies in this region.

Competitor Analysis

Companies such as Emerson, Mitsubishi, Siemens, ABB, Schneider Electric, Rockwell, Yokogawa, OMRON, Honeywell, FANUC, STRATASYS, Endress+Hauser AG, Wika, Dwyer Instruments, Inc, General Electric, 3d Systems Corporation, HP, Fuji Electric, Hitachi, Krohne, and Azbil are the key players in the global industrial control and factory automation market.

Key Stakeholders

  • Market research and consulting firms
  • Industry associations
  • Global industrial control and factory automation service providers
  • Research organizations and consulting companies
  • Organizations, associations, and alliances related to industrial control and factory automation
  • Regulatory bodies
  • Suppliers
  • Retailers

The objective of the Research

  • Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
  • Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
  • Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
  • Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
  • The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Market Modelling

By Solution

  • Supervisory Control and Data Acquisition
  • Programmable Logic Controllers
  • Distributed Control Systems
  • Manufacturing Execution Systems
  • Product Lifecycle Management
  • Plant Asset Management
  • Functional Safety

By Component

  • Industrial Robots
  • Industrial 3D Printing
  • Control Valves
  • Machine Vision
  • Field Instrument
  • HMI
  • Industrial PC
  • Sensors

By Industry Vertical

  • Aerospace & Defense
  • Automotive
  • Chemical
  • Energy & Utilities
  • Food & Beverage
  • Healthcare
  • Manufacturing
  • Mining & Metal
  • Oil & Gas
  • Transportation
  • Others

 By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Global Industrial Control and Factory Automation Market

Report Content

  1. Research Strategic Development
    • Market Modelling
    • Product Analysis
    • Market Trend and Economic Factors Analysis
    • Market Segmental Analysis
    • Geographical Mapping
    • Country Wise Segregation
  2. Research Methodology
    • Identification of Target Market
    • Data Acquisition
    • Refining of Data/ Data Transformations
    • Data Validation through Primary Techniques
    • Exploratory Data Analysis
    • Graphical Techniques/Analysis
    • Quantitative Techniques/Analysis
    • Visual Result/Presentation
  3. Executive Summary
  4. Market Insights
    • Economic Factor Analysis
      • Drivers
      • Trends
      • Opportunities
      • Challenges
    • Technological Landscape
    • Competitors & Product Analysis
    • Regulatory Framework
    • Company market share analysis, 2019
    • Porter’s Five forces analysis
    • New Investment Analysis
    • PESTEL Analysis
    • Impact Of Covid-19 On Industrial Control And Factory Automation
  5. Global Industrial Control and Factory Automation Market Overview
    • Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Market Share & Forecast, 2016-2027
        • By Component
          • Industrial Robots
          • Industrial 3D Printing
          • Control Valves
          • Machine Vision
          • Field Instrument
          • HMI
          • Industrial PC
          • Sensors
        • By Solution
          • Supervisory Control and Data Acquisition
          • Programmable Logic Controllers
          • Distributed Control Systems
          • Manufacturing Execution Systems
          • Product Lifecycle Management
          • Plant Asset Management
          • Functional Safety
        • By Industry Vertical
          • Aerospace & Defense
          • Automotive
          • Chemical
          • Energy & Utilities
          • Food & Beverage
          • Healthcare
          • Manufacturing
          • Mining & Metal
          • Oil & Gas
          • Transportation
          • Others
        • By Region
          • North America
          • Europe
          • Asia Pacific
          • South America
          • Middle East & Africa
  1. North America Industrial Control and Factory Automation Market Overview
    • North America Industrial Control and Factory Automation Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • North America Industrial Control and Factory Automation Market Share & Forecast, 2016-2027
        • By Component
          • Industrial Robots
          • Industrial 3D Printing
          • Control Valves
          • Machine Vision
          • Field Instrument
          • HMI
          • Industrial PC
          • Sensors
        • By Solution
          • Supervisory Control and Data Acquisition
          • Programmable Logic Controllers
          • Distributed Control Systems
          • Manufacturing Execution Systems
          • Product Lifecycle Management
          • Plant Asset Management
          • Functional Safety
        • By Industry Vertical
          • Aerospace & Defense
          • Automotive
          • Chemical
          • Energy & Utilities
          • Food & Beverage
          • Healthcare
          • Manufacturing
          • Mining & Metal
          • Oil & Gas
          • Transportation
          • Others
        • By Country
          • US
          • Canada
          • Mexico
        • Company Market Share (Top 3-5)
        • Economic Impact Study on North America Industrial Control and Factory Automation Market
  1. Europe Industrial Control and Factory Automation Market Overview
    • Europe Industrial Control and Factory Automation Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Europe Industrial Control and Factory Automation Market Share & Forecast, 2016-2027
        • By Component
          • Industrial Robots
          • Industrial 3D Printing
          • Control Valves
          • Machine Vision
          • Field Instrument
          • HMI
          • Industrial PC
          • Sensors
        • By Solution
          • Supervisory Control and Data Acquisition
          • Programmable Logic Controllers
          • Distributed Control Systems
          • Manufacturing Execution Systems
          • Product Lifecycle Management
          • Plant Asset Management
          • Functional Safety
        • By Industry Vertical
          • Aerospace & Defense
          • Automotive
          • Chemical
          • Energy & Utilities
          • Food & Beverage
          • Healthcare
          • Manufacturing
          • Mining & Metal
          • Oil & Gas
          • Transportation
          • Others
        • By Country
          • Germany
          • UK
          • France
          • Italy
          • Rest of Europe
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Europe Industrial Control and Factory Automation Market
  1. Asia Pacific Industrial Control and Factory Automation Market Overview
    • Asia Pacific Industrial Control and Factory Automation Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Asia Pacific Industrial Control and Factory Automation Market Share & Forecast, 2016-2027
        • By Component
          • Industrial Robots
          • Industrial 3D Printing
          • Control Valves
          • Machine Vision
          • Field Instrument
          • HMI
          • Industrial PC
          • Sensors
        • By Solution
          • Supervisory Control and Data Acquisition
          • Programmable Logic Controllers
          • Distributed Control Systems
          • Manufacturing Execution Systems
          • Product Lifecycle Management
          • Plant Asset Management
          • Functional Safety
        • By Industry Vertical
          • Aerospace & Defense
          • Automotive
          • Chemical
          • Energy & Utilities
          • Food & Beverage
          • Healthcare
          • Manufacturing
          • Mining & Metal
          • Oil & Gas
          • Transportation
          • Others
        • By Country
          • China
          • India
          • Japan
          • Australia
          • Rest of Asia Pacific
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Asia Pacific Industrial Control and Factory Automation Market
  1. South America Industrial Control and Factory Automation Market Overview
    • South America Industrial Control and Factory Automation Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • South America Industrial Control and Factory Automation Market Share & Forecast, 2016-2027
        • By Component
          • Industrial Robots
          • Industrial 3D Printing
          • Control Valves
          • Machine Vision
          • Field Instrument
          • HMI
          • Industrial PC
          • Sensors
        • By Solution
          • Supervisory Control and Data Acquisition
          • Programmable Logic Controllers
          • Distributed Control Systems
          • Manufacturing Execution Systems
          • Product Lifecycle Management
          • Plant Asset Management
          • Functional Safety
        • By Industry Vertical
          • Aerospace & Defense
          • Automotive
          • Chemical
          • Energy & Utilities
          • Food & Beverage
          • Healthcare
          • Manufacturing
          • Mining & Metal
          • Oil & Gas
          • Transportation
          • Others
        • By Country
          • Brazil
          • Argentina
          • Rest of South America
        • Company Market Share (Top 3-5)
        • Economic Impact Study on South America Industrial Control and Factory Automation Market
  1. Middle East & Africa Industrial Control and Factory Automation Market Overview
    • Middle East & Africa Industrial Control and Factory Automation Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Middle East & Africa Industrial Control and Factory Automation Market Share & Forecast, 2016-2027
        • By Component
          • Industrial Robots
          • Industrial 3D Printing
          • Control Valves
          • Machine Vision
          • Field Instrument
          • HMI
          • Industrial PC
          • Sensors
        • By Solution
          • Supervisory Control and Data Acquisition
          • Programmable Logic Controllers
          • Distributed Control Systems
          • Manufacturing Execution Systems
          • Product Lifecycle Management
          • Plant Asset Management
          • Functional Safety
        • By Industry Vertical
          • Aerospace & Defense
          • Automotive
          • Chemical
          • Energy & Utilities
          • Food & Beverage
          • Healthcare
          • Manufacturing
          • Mining & Metal
          • Oil & Gas
          • Transportation
          • Others
        • By Country
          • Saudi Arabia
          • UAE
          • South Africa
          • Rest of Middle East & Africa
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Middle East & Africa Industrial Control and Factory Automation Market
  1. Competitor Analysis
    • Company Description
    • Financial Analysis
    • Key Products
    • Key Management Personnel
    • Contact Address
    • SWOT Analysis
    • Company Profile
      • Emerson
      • Mitsubishi
      • Siemens
      • ABB
      • Schneider Electric
      • Rockwell
      • Yokogawa
      • Omron
      • Honeywell
      • Fanuc
      • Stratasys
      • Endress+Hauser AG
      • Wika
      • Dwyer Instruments, Inc
      • General Electric
      • 3D Systems Corporation
      • HP
      • Fuji Electric
      • Hitachi
      • Krohne
      • Azbil
      • Other Prominent Players

 

 

 

 

 

 

 

 

 

 

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