Industrial Automation Market Size, Share, Growth Trends and Competitive Outlook

 Global Industrial Automation Market - Overview, Size, Share, Industry Trends and Opportunities

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**

- **Type**: The global industrial automation market can be segmented by type into Distributed Control System (DCS), Programmable Logic Controller (PLC), Supervisory Control and Data Acquisition (SCADA), Human-Machine Interface (HMI), Product Lifecycle Management (PLM), and others. DCS is widely used in industries such as oil and gas, power generation, and chemicals for controlling and managing production processes. PLCs are essential for automating manufacturing processes in various industries. SCADA systems are crucial for monitoring and controlling industrial processes in real-time. HMI systems provide graphical interfaces for operators to interact with machines and systems efficiently. PLM software ensures the efficient management of product data throughout its lifecycle.

- **Industry**: Industrial automation finds applications across various industries such as automotive, food and beverage, pharmaceuticals, chemicals, oil and gas, and manufacturing. The automotive industry extensively utilizes automation for manufacturing processes such as assembly, painting, and welding. In the food and beverage sector, automation is employed for packaging, processing, and quality control. The pharmaceutical industry uses automation for drug manufacturing and packaging. Automation in the oil and gas sector enhances operational efficiency and safety. The manufacturing industry benefits from automation in improving productivity and reducing operating costs.

- **Region**: Geographically, the global industrial automation market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are mature markets for industrial automation with high adoption rates across industries. The Asia Pacific region is witnessing significant growth in the industrial automation market due to rapid industrialization in countries like China and India. Latin America and the Middle East & Africa are anticipated to show growth opportunities as industries in these regions increasingly adopt automation technologies to improve efficiency and competitiveness.

**Market Players**

- Siemens AG
- ABB
- Schneider Electric
- Rockwell Automation
- Mitsubishi Electric Corporation
- Emerson Electric Co.
- Honeywell International Inc.
- Yokogawa Electric Corporation
- General ElectricThe global industrial automation market is witnessing significant growth and transformation driven by advancements in technology, increasing demand for operational efficiency, and the need for cost reduction across industries. As the market continues to evolve, key players such as Siemens AG, ABB, Schneider Electric, Rockwell Automation, Mitsubishi Electric Corporation, Emerson Electric Co., Honeywell International Inc., Yokogawa Electric Corporation, and General Electric are playing a crucial role in shaping the industry landscape through their innovative automation solutions and services. These market players are focusing on research and development initiatives to introduce cutting-edge technologies like artificial intelligence, machine learning, and robotics to enhance automation capabilities and meet the evolving needs of industries worldwide.

Siemens AG, a prominent player in the industrial automation market, is known for its comprehensive portfolio of automation solutions ranging from DCS and PLC systems to SCADA and HMI technologies. The company's strong presence in key industries such as manufacturing, automotive, and energy underscores its leadership in providing integrated automation solutions that drive productivity and efficiency. Similarly, ABB has established itself as a leading provider of industrial automation solutions, leveraging its expertise in robotics, electrification, and digitalization to deliver seamless automation processes across diverse industry verticals.

Schneider Electric is another key player in the industrial automation market known for its innovative offerings in energy management and automation. The company's focus on sustainability and digital transformation has enabled it to cater to the evolving needs of industries seeking efficient and environmentally friendly automation solutions. Rockwell Automation, with its expertise in industrial control systems and software, continues to be a preferred choice for companies looking to enhance their manufacturing processes with advanced automation technologies.

Mitsubishi Electric Corporation is renowned for its precision engineering and automation solutions that cater to a wide range of industries including automotive, healthcare, and electronics. The company's commitment to innovation and quality has positioned it as a trusted partner for businesses seeking reliable automation solutions tailored to their specific requirements. Emerson Electric Co. is another key player in the industrial automation market, offering a diverse portfolio of automation**Global Industrial Automation Market, By Components**
- Sensors
- Industrial Robots
- Industrial PC
- Machine Vision
- Industrial 3D Printing
- Human-Machine Interface (HMI)
- Field Instruments
- Control Valves
- Others

**Mode of Automation**
- Semi-Automation
- Fully-Automation

**Systems**
- PID
- Model Based Control
- 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
- Flexible or Soft Automation

**End User**
- Process Industries
- Discrete Industries

The global industrial automation market is experiencing robust growth driven by technological advancements, increasing demand for operational efficiency, and cost-reduction initiatives across various industries. Key market players such as Siemens AG, ABB, Schneider Electric, Rockwell Automation, Mitsubishi Electric Corporation, Emerson Electric Co., Honeywell International Inc., Yokogawa Electric Corporation, and General Electric are at the forefront of shaping the industry landscape with their innovative solutions and services. These companies are focusing on R&D to introduce cutting-edge technologies like AI, machine learning, and robotics to meet the evolving needs of industries worldwide.

Siemens

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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