Global Industrial Control & Factory Automation Market Size study, by Component (industrial sensors, industrial robots, industrial 3d printers, machine vision systems, process analyzers, field instruments, human machine interface, industrial PC, vibration monitoring) Solution (SCADA, PAM, PLC, DCS, MES, Industrial safety) Industry (Process industries, discrete industries) and Regional Forecasts 2021-2027

BIZ4604538
200 Pages
July 2021
Consumer Goods

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Global Industrial Control & Factory Automation Market is valued approximately USD 123 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.2% over the forecast period 2021-2027. In the manufacturing business, industrial control and factory automation is a growing trend that provides smart production infrastructure. Cost efficiency, quality of production, standardization, dependability, and flexibility in the manufacturing process are all enhanced by industrial control and factory automation. It is made possible by the combination of mechanical components and devices, as well as information technology, is ideal for industrial control and factory automation. In the forecasting years, new applications such as heating, ventilation, and air conditioning (HVAC), electronic power distribution systems, and human machine interface (HMI) will drive up demand for industrial controls and automation. Over the last several decades, technological advancements in process monitoring, industrial automation, and control have significantly improved the productivity of all manufacturing industries around the world. The industrial controls and factory automation industry has benefited from a combination of smart mechanical technology and IT technologies. These systems are utilized in the manufacturing industry to provide a uniform and consistent production environment. Automation in industrial operations has several advantages over traditional human processes, including cost savings, decreased feedback, faster output, waste reduction, production monitoring, and management. Several mechanical devices have been combined with IT systems to improve automation outcomes. Enterprise Resource Planning (ERP) software tools are boosting the market in expanding its service offerings. It is committed to providing clients with higher-quality, standardized, and trustworthy products on time and at a reasonable cost. Industrial equipment and devices use a variety of interfaces, technologies, and protocols to interact. According to the Occupational Safety and Health Administration (OSHA), due to the implementation of safety components and industrial automation, the prevalence of major workplace injuries and diseases has decreased considerably from 3.3 per 100 employees from 2018 to 2019. However, due to the lack of standardization in various communication interfaces and protocols, data may be misrepresented. The lack of technology standards makes system integration more difficult and prevents the use of the plug-and-play functionality for unrelated systems. This is expected to limit the market growth. For instance, most equipment manufacturers utilize their own interface protocols for interacting with their devices, which creates communication issues for devices created by other manufacturers.

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Industrial Control & Factory Automation market. Since this construction sector, which is the key end user of industrial control and factory automation, is developing at a healthy rate, APAC has been a major contributor to the market's growth. The use of industrial automation and factory automation components and systems, such as SCADA, DCS, industrial sensors, and industrial robots, is aided by the rising population in this region's emerging countries, as well as environmental awareness. The adoption of industrial control and factory automation in the region is being aided by the growth in sustainable construction development and government attempts to regulate energy-efficient practises across the commercial sector. However, the regional market is likely to shrink due to the COVID 19 pandemic, which has interrupted both existing and future infrastructure development projects. However, with a steady recovery of the general economy, this loss is projected to be restored in the forecasting years.

Major market player included in this report are:

ABB Ltd.

Endress+Hauser AG

Emerson Electric Co.

General Electric

Rockwell Automation Inc.

Schneider Electric SE

Siemens AG

Mitsubishi Electric Corp.

Honeywell International Inc.

Yokogawa Electric Corp.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information. about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Industrial sensors

Industrial robots

Industrial 3D printers

Machine Vision Systems

Process analyzers

Field instruments

Human-machine interface

Industrial PC

Vibrating monitoring

By Solution:

SCADA

PAM

PLC

DCS

MES

Industrial safety

By Industry:

Process industry

Discrete industry

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Industrial Control & Factory Automation Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Industrial Control & Factory Automation Market, by Region, 2019-2027 (USD Billion)

1.2.2. Industrial Control & Factory Automation Market, by Component, 2019-2027 (USD Billion)

1.2.3. Industrial Control & Factory Automation Market, by Solution, 2019-2027 (USD Billion)

1.2.4. Industrial Control & Factory Automation Market, by Industry, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Industrial Control & Factory Automation Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Industrial Control & Factory Automation Market Dynamics

3.1. Industrial Control & Factory Automation Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. The development of related businesses and the need for mass-produced goods

3.1.1.2. Adoption of new technologies such as IoT and AI in industrial environments

3.1.2. Market Challenges

3.1.2.1. Lack of skilled workforce

3.1.3. Market Opportunities

3.1.3.1. Increased demand for safety compliance automation solutions

Chapter 4. Global Industrial Control & Factory Automation Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic roach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Industrial Control & Factory Automation Market, by Component

5.1. Market Snapshot

5.2. Global Industrial Control & Factory Automation Market by Component, Performance - Potential Analysis

5.3. Global Industrial Control & Factory Automation Market Estimates & Forecasts by Component 2018-2027 (USD Billion)

5.4. Industrial Control & Factory Automation Market, Sub Segment Analysis

5.4.1. Industrial sensors

5.4.2. Industrial robots

5.4.3. Industrial 3d printers

5.4.4. Machine vision systems

5.4.5. Process Analyzers

5.4.6. Field instruments

5.4.7. Human-machine interface

5.4.8. Industrial PC

5.4.9. Vibration monitoring

Chapter 6. Global Industrial Control & Factory Automation Market, by Solution

6.1. Market Snapshot

6.2. Global Industrial Control & Factory Automation Market by Solution, Performance - Potential Analysis

6.3. Global Industrial Control & Factory Automation Market Estimates & Forecasts by Solution 2018-2027 (USD Billion)

6.4. Industrial Control & Factory Automation Market, Sub Segment Analysis

6.4.1. SCADA

6.4.2. PAM

6.4.3. PLC

6.4.4. DCS

6.4.5. MES

6.4.6. Industrial safety

Chapter 7. Global Industrial Control & Factory Automation Market, by Industry

7.1. Market Snapshot

7.2. Global Industrial Control & Factory Automation Market by Industry, Performance - Potential Analysis

7.3. Global Industrial Control & Factory Automation Market Estimates & Forecasts by Industry 2018-2027 (USD Billion)

7.4. Industrial Control & Factory Automation Market, Sub Segment Analysis

7.4.1. Process industries

7.4.2. Discrete industries

Chapter 8. Global Industrial Control & Factory Automation Market, Regional Analysis

8.1. Industrial Control & Factory Automation Market, Regional Market Snapshot

8.2. North America Industrial Control & Factory Automation Market

8.2.1. U.S. Industrial Control & Factory Automation Market

8.2.1.1. Component breakdown estimates & forecasts, 2018-2027

8.2.1.2. Solution breakdown estimates & forecasts, 2018-2027

8.2.1.3. Industry breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Industrial Control & Factory Automation Market

8.3. Europe Industrial Control & Factory Automation Market Snapshot

8.3.1. U.K. Industrial Control & Factory Automation Market

8.3.2. Germany Industrial Control & Factory Automation Market

8.3.3. France Industrial Control & Factory Automation Market

8.3.4. Spain Industrial Control & Factory Automation Market

8.3.5. Italy Industrial Control & Factory Automation Market

8.3.6. Rest of Europe Industrial Control & Factory Automation Market

8.4. Asia-Pacific Industrial Control & Factory Automation Market Snapshot

8.4.1. China Industrial Control & Factory Automation Market

8.4.2. India Industrial Control & Factory Automation Market

8.4.3. Japan Industrial Control & Factory Automation Market

8.4.4. Australia Industrial Control & Factory Automation Market

8.4.5. South Korea Industrial Control & Factory Automation Market

8.4.6. Rest of Asia Pacific Industrial Control & Factory Automation Market

8.5. Latin America Industrial Control & Factory Automation Market Snapshot

8.5.1. Brazil Industrial Control & Factory Automation Market

8.5.2. Mexico Industrial Control & Factory Automation Market

8.6. Rest of The World Industrial Control & Factory Automation Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. ABB Ltd.

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Solution Summary

9.2.1.5. Recent Developments

9.2.2. Endress+Hauser AG

9.2.3. Emerson Electric Co.

9.2.4. General Electric

9.2.5. Rockwell Automation Inc.

9.2.6. Schneider Electric SE

9.2.7. Siemens AG

9.2.8. Mitsubishi Electric Corp.

9.2.9. Honeywell International Inc.

9.2.10. Yokogawa Electric Corp.

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Industrial Control & Factory Automation market, report scope

TABLE 2. Global Industrial Control & Factory Automation market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Industrial Control & Factory Automation market estimates & forecasts by Component 2018-2027 (USD Billion)

TABLE 4. Global Industrial Control & Factory Automation market estimates & forecasts by Solution 2018-2027 (USD Billion)

TABLE 5. Global Industrial Control & Factory Automation market estimates & forecasts by Industry 2018-2027 (USD Billion)

TABLE 6. Global Industrial Control & Factory Automation market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Industrial Control & Factory Automation market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Industrial Control & Factory Automation market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Industrial Control & Factory Automation market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Industrial Control & Factory Automation market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Industrial Control & Factory Automation market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Industrial Control & Factory Automation market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Industrial Control & Factory Automation market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Industrial Control & Factory Automation market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Industrial Control & Factory Automation market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. U.S. Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. U.S. Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. U.S. Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 19. Canada Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Canada Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. Canada Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 22. UK Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. UK Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. UK Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. Germany Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. Germany Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Germany Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. RoE Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. RoE Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. RoE Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. China Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. China Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. China Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. India Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. India Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. India Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. Japan Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. Japan Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Japan Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. RoAPAC Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. RoAPAC Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. RoAPAC Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Brazil Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. Brazil Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Brazil Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. Mexico Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. Mexico Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. Mexico Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. RoLA Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. RoLA Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. RoLA Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. Row Industrial Control & Factory Automation market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. Row Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Row Industrial Control & Factory Automation market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. List of secondary sources, used in the study of global Industrial Control & Factory Automation market

TABLE 56. List of primary sources, used in the study of global Industrial Control & Factory Automation market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

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