Global industrial automation market expected to generate revenue of around USD 321.93 billion by the end of 2024, growing at a CAGR of around 6.5% between 2018 and 2024. Industrial automation benefits from high productivity, quality, flexibility, information accuracy, and safety. Moreover, it also benefits from operating multiple processes in a controlled manner.
The report covers forecast and analysis for the industrial automation market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based revenue (USD Billion). The study includes drivers and restraints for the industrial automation market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the industrial automation market on a global level.
In order to give the users of this report a comprehensive view of the industrial automation market, we have included the competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type, technology, and end-user segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, type portfolio of various companies according to the region.
The study provides a decisive view of the industrial automation market by segmenting the market based on type, technology, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for industrial automation market based on all segments in all the regions and countries.
Some of the most important market players in the global industrial automation market are FANUC Corporation, Voith GmbH., ABB Ltd., Honeywell International Inc., Toshiba Machine Corporation Ltd., Emerson Electric Company, Yaskawa Electric Corporation, Yokogawa Electric Corporation, General Electric Company, Rockwell Automation, Inc., and Mitsubishi Electric Corporation among others.
This report segments the global industrial automation market as follows:
Global Industrial Automation Market: Type Segment Analysis
Global Industrial Automation Market: Technology Segment Analysis
Global Industrial Automation Market: End-user Segment Analysis
Global Industrial Automation Market: Regional Segment Analysis
List of Figures
1. Market research technology
2. Market research methodology
3. Global industrial automation market revenue, 2015 – 2024 (USD Billion)
4. Porter’s five forces analysis
5. Lubricant systems market attractiveness analysis, by type segment
6. Lubricant systems market attractiveness analysis, by technology segment
7. Lubricant systems market: market attractiveness analysis, by end-user segment
8. Lubricant systems market: market attractiveness analysis, by regional segment
9. Company market share analysis, 2017
10. Global industrial automation market revenue share by type, 2017 and 2024
11. Global industrial automation market for programmable automation market, 2015 – 2024 (USD Billion)
12. Global industrial automation market for fixed automation market, 2015 – 2024 (USD Billion)
13. Global industrial automation market revenue share by technology, 2017 and 2024
14. Global industrial automation market for programmable automation controller market, 2015 – 2024 (USD Billion)
15. Global industrial automation market for supervisory control and data acquisition market, 2015 – 2024 (USD Billion)
16. Global industrial automation market for distributed control system market, 2015 – 2024 (USD Billion)
17. Global industrial automation market for programmable logic controller market, 2015 – 2024 (USD Billion)
18. Global industrial automation market for human machine interface market, 2015 – 2024 (USD Billion)
19. Global industrial automation market revenue share by end-user , 2017 and 2024
20. Global industrial automation market for oil & gas market, 2015 – 2024, (USD Billion)
21. Global industrial automation market for machine manufacturing market, 2015 – 2024, (USD Billion)
22. Global industrial automation market for electrical & electronics market, 2015 – 2024, (USD Billion)
23. Global industrial automation market for aerospace & defense market, 2015 – 2024, (USD Billion)
24. Global industrial automation market for chemical market, 2015 – 2024, (USD Billion)
25. Global industrial automation market for pharmaceuticals market, 2015 – 2024, (USD Billion)
26. Global industrial automation market for food & beverages market, 2015 – 2024, (USD Billion)
27. Global industrial automation market for mining & metals market, 2015 – 2024, (USD Billion)
28. Global industrial automation market for electric power generation market, 2015 – 2024, (USD Billion)
List of Tables
1. Lubricant systems market: market snapshot
2. Drivers of global industrial automation market: impact analysis
3. Restraints of global industrial automation market: impact analysis
4. North America industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
5. North America industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
6. North America industrial automation market revenue, by end-user , 2015 – 2024 (USD Billion)
7. U.S. industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
8. U.S. industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
9. U.S. industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
10. Canada industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
11. Canada industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
12. Canada industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
13. Mexico industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
14. Mexico industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
15. Mexico industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
16. Europe industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
17. Europe industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
18. Europe industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
19. UK industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
20. UK industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
21. UK industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
22. Germany industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
23. Germany industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
24. Germany industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
25. France industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
26. France industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
27. France industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
28. Spain industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
29. Spain industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
30. Spain industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
31. Italy industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
32. Italy industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
33. Italy industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
34. Rest of Europe industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
35. Rest of Europe industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
36. Rest of Europe industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
37. Asia pacific industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
38. Asia pacific industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
39. Asia pacific industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
40. China industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
41. China industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
42. China industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
43. Japan industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
44. Japan industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
45. Japan industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
46. India industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
47. India industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
48. India industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
49. Southeast Asia industrial automation market revenue, by type , 2015 – 2024 (USD Billion)
50. Southeast Asia industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
51. Southeast Asia industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
52. South Korea industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
53. South Korea industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
54. South Korea industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
55. Australia industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
56. Australia industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
57. Australia industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
58. Rest of Asia Pacific industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
59. Rest of Asia Pacific industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
60. Rest of Asia Pacific industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
61. Latin America industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
62. Latin America industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
63. Latin America industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
64. Brazil industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
65. Brazil industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
66. Brazil industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
67. Argentina industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
68. Argentina industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
69. Argentina industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
70. Rest of Latin America industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
71. Rest of Latin America industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
72. Rest of Latin America industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
73. Middle East and Africa industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
74. Middle East and Africa industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
75. Middle East and Africa industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
76. GCC Countries industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
77. GCC Countries industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
78. GCC Countries industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
79. Rest of Middle East & Africa industrial automation market revenue, by type, 2015 – 2024 (USD Billion)
80. Rest of Middle East & Africa industrial automation market revenue, by technology, 2015 – 2024 (USD Billion)
81. Rest of Middle East & Africa industrial automation market revenue, by end-user, 2015 – 2024 (USD Billion)
Industrial automation is the use of different control systems such as computers or robots, and information technologies for operating various machinery equipment. Industries execute automation processes to increase productivity and decrease the employees costing and other associated expenses. Industrial automation benefits with high productivity, quality, flexibility, information accuracy, and safety. Moreover, it also benefits from operating multiple processes in a controlled manner. In addition to this, it has become crucial for the companies to exploit their productivity by the automation which leads to the shifting demands of the end-users.
Technological advancements such as development in the computer-aided systems, engineering technologies, and the internet of things (IoT) are the strong factors positively influencing the market. Moreover, rising demand for fast production capacities is largely propelling the market growth. High demand majorly exists in automotive assemblies, aircraft, boilers, telecom networks, machinery systems, and others. Additionally, most of the industrial players are implementing the automation systems to decrease the labor count which consequently boosts the market at a considerable pace. Therefore, such factors are anticipated to fuel the market growth in the forecast period.
On the basis of type, industrial automation market is segmented into fixed automation and programmable automation. Based on the technology, the market is segmented into Human Machine Interface (HMI), Programmable Logic Controller (PLC), Programmable Automation Controller (PAC), Supervisory control and data acquisition (SCADA), and Distributed Control System (DCS).On the basis of end-user, the market is divided into Machine Manufacturing, Oil & Gas, Electrical & Electronics, Chemical, Aerospace & Defense, Pharmaceuticals, Food & Beverages, Mining & Metals, Automotive & Transportation, and Electric Power Generation.
On the basis of region, Asia Pacific is expected to hold the largest market share in terms of revenue in the upcoming years. The growth is accredited to the existence of the major players in this region such as Toyota Motor, Volkswagen, Daimler, and Renault. Major players making investments in the automation system is driving the market growth in forthcoming years. This region will be the major contributor to the market growth due to the rising fame of industrial automation. Europe is projected to be the second largest market for industrial automation.
Some of the most important market players in the global industrial automation market are FANUC Corporation, Voith GmbH., ABB Ltd., Honeywell International Inc., Toshiba Machine Corporation Ltd., Emerson Electric Company, Yaskawa Electric Corporation, Yokogawa Electric Corporation, General Electric Company, Rockwell Automation, Inc., and Mitsubishi Electric Corporation, among others.
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