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**

- Based on type, the industrial automation market can be segmented into Programmable Logic Control (PLC), Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Human Machine Interface (HMI), Product Lifecycle Management (PLM), Manufacturing Execution System (MES), and others. PLCs are widely used in various industries for controlling automation processes, while DCS focuses on managing complex processes in real-time. SCADA systems are essential for monitoring and controlling industrial processes remotely. HMI enables interaction between humans and machines, improving operational efficiency. PLM software enhances product development and management, while MES solutions optimize manufacturing operations.

- By component, the market can be categorized into hardware, software, and services. Hardware components include sensors, controllers, drives, and relays that form the physical infrastructure of automation systems. Software plays a crucial role in programming and running automation processes efficiently. Services encompass maintenance, training, and support for ensuring the smooth operation of automation systems.

- On the basis of industry vertical, the industrial automation market can be classified into manufacturing, automotive, energy and utilities, healthcare, aerospace and defense, and others. The manufacturing sector dominates the market due to the widespread adoption of automation for improving productivity and reducing costs. The automotive industry extensively utilizes automation for assembly line operations. Energy and utilities sector leverages automation for efficient energy management and grid monitoring. Healthcare industry adopts automation for precise diagnostics and treatment procedures.

**Market Players**

- Key players in the industrial automation market include Siemens AG, ABB Ltd., Rockwell Automation, Inc., Schneider Electric SE, General Electric Company, Mitsubishi Electric Corporation, Honeywell International Inc., Emerson Electric Co., Yokogawa Electric Corporation, and Omron Corporation. These market players offer a wide range of automation solutions catering to different industry requirements. Siemens and ABB are prominent players known for their innovative offerings in PLC and DCS systems. Rockwell Automation specializes in industrial control systems, while Schneider Electric provides comprehensive automation solutions across variousIndustrial automation is a rapidly evolving sector that plays a crucial role in enhancing efficiency, productivity, and safety across various industries. The segmentation of the market into different types reflects the diverse applications and functionalities of automation technologies. Programmable Logic Control (PLC) systems are fundamental in controlling automation processes in industries, providing a reliable and flexible solution for managing operations. Distributed Control Systems (DCS) focus on real-time management of complex processes, ensuring seamless coordination and control. Supervisory Control and Data Acquisition (SCADA) systems are indispensable for remotely monitoring and controlling industrial processes, enhancing operational visibility and decision-making. Human Machine Interface (HMI) technologies facilitate interaction between humans and machines, enabling intuitive control and monitoring of automated systems. Product Lifecycle Management (PLM) software enhances product development processes by optimizing collaboration and streamlining workflows. Manufacturing Execution Systems (MES) play a vital role in optimizing manufacturing operations by providing real-time insights and process control.

In terms of components, the industrial automation market can be segmented into hardware, software, and services. Hardware components such as sensors, controllers, drives, and relays form the physical infrastructure of automation systems, enabling the execution of automated processes. Software solutions are essential for programming and running automation processes efficiently, offering advanced functionalities for customization and integration with different systems. Services like maintenance, training, and support are critical for ensuring the smooth operation of automation systems, providing ongoing assistance and expertise to maximize system performance and reliability.

The industrial automation market's segmentation by industry vertical highlights the diverse applications and demand for automation technologies across various sectors. The manufacturing industry is a significant contributor to the market, driving the adoption of automation for improving production efficiency, quality, and agility. The automotive sector extensively utilizes automation for streamlining assembly line operations, enhancing production speed and accuracy. The energy and utilities industry leverages automation for efficient energy management, predictive maintenance, and grid monitoring, ensuring reliability and sustainability in operations. The healthcare sector increasingly adopts automation for precise diagnostics, patient monitoring, and treatment procedures,**Segments:**

- Programmable Logic Control (PLC), Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Human Machine Interface (HMI), Product Lifecycle Management (PLM), Manufacturing Execution System (MES), and others are key segments in the industrial automation market. PLCs are crucial for controlling automation processes, while DCS focuses on real-time process management. SCADA enables remote monitoring and control, HMI enhances human-machine interaction, PLM optimizes product development, and MES improves manufacturing operations efficiency.

- The market components include hardware (sensors, controllers, drives), software (programming tools), and services (maintenance, training). Hardware forms the physical infrastructure of automation systems, software ensures efficient process execution, and services support smooth system operation through maintenance and training.

- Industry vertical segmentation covers manufacturing, automotive, energy and utilities, healthcare, aerospace and defense. Manufacturing leads due to productivity enhancement, automotive relies on automation for assembly lines, energy sector utilizes it for energy management, and healthcare benefits from precise diagnostics.

**Market Players:**

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

 

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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