Global Industrial Control and Factory Automation Market is Estimated at a Record USD 340.35 Billion by the End of 2030 | Infinium Global Research

Infinium Global Research, a renowned market research leader, is thrilled to announce the release of an all-encompassing report that delves into the thriving Global Industrial Control and Factory Automation Market. This report offers an in-depth analysis of market segments and sub-segments at the global and regional levels. It also explores the profound impact of drivers, restraints, and macro indicators on the global and regional industrial control and factory automation market, both in the short term and long term. The report presents comprehensive insights into market trends, forecasts, and the financial landscape. The global industrial control and factory automation market was valued at USD 173.69 Billion in 2022 and is expected to reach USD 340.35 Billion by 2030 and grow at a CAGR of 8.85% over the forecast period.

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Embracing Industry 4.0 and Industrial Automation

Industrial control and factory automation encompass a wide array of elements, from industrial automation components and control systems to networks, computers, and robots. These technologies integrate with information systems to manage various processes and machinery, reducing the need for human intervention and forming a critical pillar of industrialization. Control systems are integral to major industries, including manufacturing, agriculture, oil and gas, and the chemical industry. They enable flexible, efficient, and reliable production systems by enhancing monitoring of the operating environment. However, the global industrial control and factory automation market has been significantly impacted by the ongoing COVID-19 pandemic. As the spread of the virus accelerates, end-user industries that drive factory automation, such as manufacturing and process industries, have experienced temporary production shutdowns and labor shortages. Nevertheless, the medical device industry, in particular, is under immense pressure to scale up production. Many manufacturers have turned to automation to rapidly expand capacity and meet the heightened demand.

Industry 4.0 and the Rise of Industrial Robots

The emergence of Industry 4.0, coupled with the widespread adoption of industrial robots across various manufacturing sectors, is fueling the demand for industrial control and factory automation. Automation's focus has shifted from mere productivity improvement to enhancing quality, flexibility, and productivity in manufacturing processes. Key benefits of industrial control and factory automation, such as effective productivity, high quality, flexibility, information security, and safety, have fueled demand across various industries. The implementation of connected enterprises to meet increasing consumer demand for mass production is further driving market growth. However, high capital investment in factory automation remains a challenge. Nonetheless, rapid technological advancements, integration with artificial intelligence, and the transition of industrial processes from mechanization to automation are projected to boost the industrial control and factory automation market in the foreseeable future.

Global and Regional Insights

In 2019, Asia Pacific claimed the largest share in the industrial control and factory automation market, with China playing a pivotal role in this region. The robust growth of industrial automation and favorable government initiatives promoting automation are set to increase the demand for industrial control and factory automation in this region. Additionally, the presence of leading industrial control and factory automation companies in Japan, such as Yokogawa, Fuji, and Fanuc, is propelling market expansion.

Market Segments and Leading Players

The comprehensive report on the global industrial control and factory automation market covers various segments, including:

Component: Sub-markets encompass industrial robots, machine vision, control valves, field instruments, human-machine interface, sensors, and industrial 3D printing.
Solution: Sub-markets include PLC, SCADA, MES, DCS, PLM, and functional safety.
Industry Vertical: Sub-markets comprise process industries, discrete industries, process industries, and discrete industries.
Key players in the industrial control and factory automation market include Siemens AG, ABB Ltd., General Electric Company, Yokogawa Electric Corporation, Honeywell International Inc., Fuji Electric Co., Ltd., Danfoss, Rockwell Automation, Inc., Schneider Electric, and Mitsubishi Corporation.

Empowering Industries and Facilitating Innovation

Industrial control and factory automation are at the heart of the ongoing digital transformation that is reshaping industries worldwide. With their ability to enhance productivity, flexibility, quality, and safety, they play a pivotal role in the global industrial landscape. However, challenges such as data security and the transition from traditional communication technology must be addressed to unlock the full potential of industrial automation.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Industrial Control and Factory Automation Market Highlights

2.2. Industrial Control and Factory Automation Market Projection

2.3. Industrial Control and Factory Automation Market Regional Highlights

Chapter 3. Global Industrial Control and Factory Automation Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Industrial Control and Factory Automation Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Component

3.5.2. IGR-Growth Matrix Analysis by Solution

3.5.3. IGR-Growth Matrix Analysis by Industry Vertical

3.5.4. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Industrial Control and Factory Automation Market

Chapter 4. Industrial Control and Factory Automation Market Macro Indicator Analysis

Chapter 5. Global Industrial Control and Factory Automation Market by Component

5.1. Industrial Robots

5.2. Machine Vision

5.3. Control Valves

5.4. Field Instruments

5.5. Human-Machine Interface

5.6. Sensors

5.7. Industrial 3D Printing

Chapter 6. Global Industrial Control and Factory Automation Market by Solution

6.1. PLC

6.2. SCADA

6.3. MES

6.4. DCS

6.5. PLM

6.6. Functional Safety

Chapter 7. Global Industrial Control and Factory Automation Market by Industry Vertical

7.1. Process Industries

7.1.1. Oil & Gas

7.1.2. Power

7.1.3. Food & Beverages

7.1.4. Chemicals

7.1.5. Metals & Mining

7.1.6. Pulp & Paper

7.1.7. Pharmaceuticals

7.1.8. Others

7.2. Discrete Industries

7.2.1. Automotive

7.2.2. Machine Manufacturing

7.2.3. Semiconductor & Electronics

7.2.4. Aerospace & Defense

7.2.5. Medical Devices

7.2.6. Others

Chapter 8. Global Industrial Control and Factory Automation Market by Region 2023-2030

8.1. North America

8.1.1. North America Industrial Control and Factory Automation Market by Component

8.1.2. North America Industrial Control and Factory Automation Market by Solution

8.1.3. North America Industrial Control and Factory Automation Market by Industry Vertical

8.1.4. North America Industrial Control and Factory Automation Market by Country

8.2. Europe

8.2.1. Europe Industrial Control and Factory Automation Market by Component

8.2.2. Europe Industrial Control and Factory Automation Market by Solution

8.2.3. Europe Industrial Control and Factory Automation Market by Industry Vertical

8.2.4. Europe Industrial Control and Factory Automation Market by Country

8.3. Asia-Pacific

8.3.1. Asia-Pacific Industrial Control and Factory Automation Market by Component

8.3.2. Asia-Pacific Industrial Control and Factory Automation Market by Solution

8.3.3. Asia-Pacific Industrial Control and Factory Automation Market by Industry Vertical

8.3.4. Asia-Pacific Industrial Control and Factory Automation Market by Country

8.4. RoW

8.4.1. RoW Industrial Control and Factory Automation Market by Component

8.4.2. RoW Industrial Control and Factory Automation Market by Solution

8.4.3. RoW Industrial Control and Factory Automation Market by Industry Vertical

8.4.4. RoW Industrial Control and Factory Automation Market by Sub-region

Chapter 9. Company Profiles and Competitive Landscape

9.1. Competitive Landscape in the Global Industrial Control and Factory Automation Market

9.2. Companies Profiles

9.2.1. Siemens AG

9.2.2. ABB Ltd.

9.2.3. General Electric Company

9.2.4. Yokogawa Electric Corporation

9.2.5. Honeywell International Inc.

9.2.6. Fuji Electric Co., Ltd.

9.2.7. Danfoss

9.2.8. Rockwell Automation, Inc.

9.2.9. Schneider Electric

9.2.10. Mitsubishi Corporation

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of industrial control and factory automation.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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