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**

- **Component**: The industrial automation market can be segmented based on components such as sensors, programmable logic controllers (PLCs), human-machine interface (HMI), industrial robots, and machine vision systems. These components play a crucial role in enhancing the efficiency and productivity of industrial processes through automation.

- **End-User Industry**: Another key segmentation of the industrial automation market is based on end-user industries, including automotive, manufacturing, healthcare, oil and gas, food and beverage, and others. Each industry has specific automation requirements tailored to their unique operations and processes.

- **Type**: Industrial automation can also be categorized based on types such as process automation and discrete automation. Process automation involves continuous production processes, while discrete automation focuses on individual or separate unit production processes.

**Market Players**

- **ABB Ltd.**: ABB is a leading player in the industrial automation market, offering a wide range of automation solutions for various industries. The company's expertise in robotics, control systems, and power technologies has solidified its position in the market.

- **Siemens AG**: Siemens is another key player known for its advanced industrial automation technologies, including automation systems, drives, and software solutions. The company's focus on innovation and digitalization has made it a prominent player in the market.

- **Rockwell Automation, Inc.**: Rockwell Automation specializes in providing industrial automation control and information solutions to enhance productivity and efficiency. The company's products and services cater to a diverse range of industries globally.

- **Schneider Electric SE**: Schneider Electric is a leading player in the industrial automation market, offering integrated automation solutions for improved operational performance. The company's comprehensive portfolio includes automation software, devices, and services.

- **Mitsubishi Electric Corporation**: Mitsubishi Electric is known for its expertise in industrial automation technologies, including programmable controllers, motion controllers, and robotic systems. The company's innovative solutions cater to various industrial applications.

The industrial automation market is characterized by rapidThe industrial automation market is characterized by rapid technological advancements and increasing adoption across various industries worldwide. The segmentation of the market based on components such as sensors, PLCs, HMIs, industrial robots, and machine vision systems highlights the diverse range of technologies that contribute to automation in industrial processes. Sensors play a crucial role in collecting data for monitoring and control purposes, while PLCs act as the brain of automation systems by executing logic functions. HMIs provide a user-friendly interface for operators to interact with automated systems, enhancing operational efficiency. Industrial robots automate repetitive tasks, leading to increased productivity and precision, while machine vision systems utilize cameras and software for inspection and quality control processes.

End-user industry segmentation in the industrial automation market reflects the specific automation requirements of various sectors. The automotive industry, for example, relies heavily on automation for manufacturing processes such as assembly and painting, leading to improved production efficiency and quality. The manufacturing sector utilizes automation for streamlining production lines and optimizing resource utilization. In the healthcare industry, automation is used for tasks such as medicine packaging and patient monitoring, enhancing operational precision and patient care. The oil and gas industry leverages automation for drilling, refining, and pipeline operations to improve safety and efficiency. The food and beverage industry incorporates automation for processing and packaging operations, ensuring product quality and compliance with regulatory standards.

Type-based segmentation of industrial automation into process automation and discrete automation demonstrates the different approaches to automation in various industrial settings. Process automation involves continuous and interconnected production processes such as chemical manufacturing or power generation, where automation ensures consistent quality and efficiency. Discrete automation, on the other hand, focuses on individual or separate unit production processes like assembly lines in automotive manufacturing or electronic component assembly. Each type of automation requires specific technologies and solutions tailored to the distinctive needs of continuous versus discrete production environments.

Market players such as ABB Ltd., Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, and Mitsubishi Electric Corporation are key contributors to the industrial automation market. These companies offer a wide range of**Global Industrial Automation Market Trends and Forecast**

- **Components**: The Global Industrial Automation Market can be segmented based on various components such as Sensors, Industrial Robots, Industrial PC, Machine Vision, Industrial 3D Printing, Human-Machine Interface (HMI), Field Instruments, Control Valves, and Others. These components play a vital role in enhancing automation processes across industries.

- **Mode of Automation**: The market can also be segmented based on the Mode of Automation, including Semi-Automation and Fully-Automation. This segmentation highlights the varying levels of automation integration in industrial processes.

- **Systems**: Industrial automation systems can be categorized based on systems such as PID, Model Based Control, and Others. These systems enable efficient control and monitoring of automation processes in industries.

- **Solution**: The market offers a range of automation solutions including 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, and Emission Control. These solutions cater to specific automation needs across industries.

- **Type**: Industrial automation can further be classified based on types such as Programmable Automation, Fixed or Hard Automation, Integrated Automation, and Flexible or Soft Automation. Each type of automation offers unique benefits and applications in industrial settings.

- **End User**: The end-user segmentation includes Process Industries and Discrete Industries, reflecting the diverse automation requirements of

 

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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