Automation and Control Market to Hit USD 362.81 billion by 2030

The Automation and Control Market Size is projected to reach a valuation of USD 362.81 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.9% during the forecast period of 2023-2030. In 2022, the market was valued at USD 158.57 billion - According to Research by SNS Insider.

The market for Automation and Control is analyzed historically and in light of the future. The study includes an analysis of the revenue market size as well as information on market drivers, restrictions, and opportunities. It also contains a thorough analysis of the key strategies used by the leading industry players to support their company expansion in the global market while maintaining a competitive advantage over their rivals. Readers can better understand the overall state of the sector thanks to the research's comprehensive and important information.

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Key Players Covered in Automation and Control market report are:

ABB Group, Emerson Electric, General Electric Company, KUKA, Rockwell Automation, Bosch Rexroth, Fanuc Corporation, Honeywell International, SIEMENS AG, Schneider Electric & Other Players.

The study also provides an overview of the key players in the Automation and Control market's competitive environment and their respective market shares. The report discusses COVID-19's impact on the market at the national and international levels. The supply and demand sides of the market are both taken into account in this study. The study's foundations include primary and secondary research, as well as data from paid databases, private databases, and other sources.

Market Segmentation

This study breaks into recent industry changes in each sub-segment and estimates revenue growth at the global, regional, and national levels. At the regional and national levels, market forecasts and estimates will be presented for the study's segmentation. The market estimates and forecasts will help in identifying the current and emerging geographic areas that will contribute significantly to the Automation and Control industry's revenue.

Automation and Control Market Segmentation as Follows:

BY PRODUCT
PAC
HMI
DCS
PLC
SCADA
MES

BY APPLICATION
Safety & Security
Lighting
HVAC
Others

BY END-USE
Commercial
Hospitality
Retail
Residential
Industrial
Enterprise
Oil & Gas
Mining & Metals
Automotive & Transportation
Electrical & Electronics
Manufacturing
Aerospace & Defense
Others

Segmented by Region/Country:
North America
Europe
China
Japan
Asia Other

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Research Methodology

The Automation and Control market is thoroughly examined in this study. Market estimates and forecasts in the research report are based on thorough secondary research, primary interviews, and internal expert opinions. These market projections and estimates were created using an analysis of the effects of various political, social, and economic factors on market development.

Competitive Analysis

The study examines the effects of microeconomic market parameters as well as PORTER, SVOR, and PESTEL analyses. The examination of both internal and external factors that are anticipated to have an impact on the company either positively or negatively has given decision-makers a clear futuristic view of the market. The reader will gain understanding of the major market players' important strategies in this section, which aid in their dominance of the global Automation and Control market.

Key Questions Answered in the Automation and Control Market Report

- Which worldwide market trends are driving the development of the sector?

- Who are the main market players, and how have they differentiated themselves from the competition?

- Which lucrative opportunities are available to the market's top players?

- What are the market's anticipated size, market share, and growth rate during the forecast period?

Table of Content - Analysis of Key Points

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 forces model
7. PEST Analysis
8. Automation and Control Market Segmentation, By Product
9. Automation and Control Market Segmentation, By Application
10. Automation and Control Market Segmentation, By End-Use
11. Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. Conclusion

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This release was published on openPR.