Press release
Industrial Automation Control Market Growth, Share, Demand and Applications Forecast to 2027 | ABB Ltd, Honeywell International Inc., Siemens AG, Emerson Electric Co.
industrial automation control market
The industrial automation control experiencing a steady growth with regards to the research and development activities, product innovations, investments, and technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The market for industrial automation control comprises of some well-established players across the globe.Since last decade, the demand in different end-user industry has accelerated significantly with growing adoption of automation and ground-breaking technology enhancements.
As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from regional players as well as the leading global companies across the world. Use of automation is gaining high momentum in both process and discrete industries, depending upon the usage of advanced technologies.Both the sector uses different technologies, solutions, and component to ensure proper implementation of industrial automation.
Top Key Players:-ABB Ltd, Honeywell International Inc., Siemens AG, Emerson Electric Co., Bosch Rexroth AG, General Electric Company, Hitachi, Ltd., Koyo Electronics Industries Co., Ltd., Mitsubishi Heavy Industries, Ltd., Omron Corporation, Rockwell Automation, B&R Industrial Automation Gmbh, and Beckhoff among others.
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In discrete manufacturing, production of a product is done sequentially by the craftsman. Discrete manufacturing is based on some production orders which keeps on changing depending upon orders. Discrete manufacturers' produces finish goods such as nuts, screws, handles, and other which is further used for manufacturing or it can be taken apart. For instance, The Saudi Arabia Government is strategically focusing on the development of robotics sectors across various industries.
The government has laid an enhanced focus on the development of robotics to meet the country's plan for building an innovative and strong economy as per the VISION 2030. Such initiatives taken by the government would help the companies to widen the scope in the industrial automation control market.
The report segments the global industrial automation control market as follows:
Global Industrial Automation Control Market - By Solutions
o Distributed Control System (DCS)
o Supervisory Control and Data Acquisition (SCADA)
o Programmable Logic Control System (PLC)
o Product Lifecycle Management (PLM)
Global Industrial Automation Control Market - By Industry Vertical
o Automotive
o Electronics & Semiconductor
o Food & Beverage
o Metal & Machinery
o Aerospace & Defense
Global Industrial Automation Control Market - By End User
o Process Industry
o Discrete Industry
The global market for industrial automation control market is segmented on various parameters such as solution, industry vertical, end user, and geography. Based on solution, programmable logic control system (PLC) segment dominate the industrial automation control market heavily and is expected to continue its dominance throughout the forecast period from 2019 - 2027. On the basis of industry vertical, electronics and semiconductor segment is expected to witness a significant growth rate in the coming years. The industrial automation control market operates in an extremely fragmented industry with huge number of smaller players capturing the market.
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