The global Industrial Automation Market was valued at USD 191.89 billion in 2021. During the forecast period, the market is expected to increase from USD 205.86 billion in 2022 to USD 395.09 billion in 2028, representing a CAGR of 9.8%. The introduction of 5G wireless technology, as well as the growing acceptance of Industry 4.0, are driving up demand for automation solutions. The expansion of digitalization, and industrial IoT, Augmented Reality (AR), digital twins are predicted to be key indicators of global industrial automation market growth. In July 2021, Rockwell Automation Inc. partnered with Kezzler AS, a cloud-based product digitalization and traceability platform. Using cloud-based chain technologies, the partnership aims to enable manufacturers to document their product's end-to-end journey from raw material suppliers to point of sale or beyond.
The report offers insightful information about the market dynamics of the Industrial Automation market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Industrial Automation market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Industrial Automation market.
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The study’s scope includes a rating of main service providers, profits and pricing in key market segments utilizing business scenarios. The Industrial Automation research study also investigates the supply chain and industry dealers in depth. The market study also considers a number of crucial elements that influence the global industry’s growth. The report also provides a statistical picture of the global industry, indicating the number of external and internal driving and restraining factors. The Industrial Automation Market Research study’s will feature a large amount of unique data. A number of Industrial Automation industry professionals and key opinion leaders also do extensive quantitative and qualitative research in order to obtain a better understanding of the market and industry performance.
The report provides a comprehensive analysis of company profiles listed below:
ABB (Switzerland)
Emerson Electric Co. (U.S.)
General Electric Company (U.S.)
Honeywell International Inc. (U.S.)
Mitsubishi Electric Corporation. (Japan)
Omron Corporation (Japan)
Rockwell Automation Inc. (U.S.)
Schneider Electric SE (France)
Siemens AG (Germany)
Yokogawa Electric Corporation (Japan)
Type Analysis of World Wide Industrial Automation Market:
Hardware
Software
Segmentation of global Industrial Automation Market by Application:
Distributed Control System (DCS)
Supervisory Control and Data Acquisition System (SCADA)
Manufacturing Execution System (MES)
Safety Instrumented System (SIS)
Programmable Logic Controllers (PLC)
Human Machine Interface (HMI)
The study report offers a comprehensive analysis of Industrial Automation Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Industrial Automation Market is segmented by Type, by Application, Players, stakeholders and other participants in the global Industrial Automation Market will be able to gain the upper hand as they use the report as a powerful resource.
Global Industrial Automation Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Scope of this Report:
• This report segments the global Industrial Automation market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
• The report helps stakeholders understand the pulse of the Industrial Automation market and provides them with information on key market drivers, restraints, challenges and opportunities.
• This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement and acquisitions.
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This research report gives detailed data about the major factors influencing the growth of the Industrial Automation market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve Industrial Automation market insight.
