Machine Automation Controller Market Share, Size, Key Trends And Global Forecast Report 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Machine Automation Controller Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The machine automation controller market size has grown steadily in recent years. It will grow from $37.41 billion in 2023 to $39.17 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to industrial automation evolution, demand for increased productivity, efficiency in material handling, growing complexity in manufacturing, increased focus on quality control, safety compliance requirements..

The machine automation controller market size is expected to see strong growth in the next few years. It will grow to $47.73 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to growth in smart manufacturing, focus on sustainable manufacturing, customizable and modular systems, global supply chain resilience, regulatory push for digitalization.. Major trends in the forecast period include rise of industrial internet of things (iiot), edge computing for real-time processing, focus on cybersecurity, modular and scalable controllers, cloud-based automation solutions, collaborative and safe robotics integration, remote monitoring and maintenance..

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Key Market Players:

Major companies operating in the machine automation controller market report are Omron Corporation, Schneider Electric SE, Rockwell Automation Inc., Emerson Electric Company, Advantech Company Limited, Yokogawa Electric Corporation, Delta Electronics Inc., Kollmorgen, ABB Limited, Mitsubishi Electric Corporation, Parker Hannifin Corporation, American Chemical Society India, NEXCOM International Company Limited, Kontron AG, Bosch Rexroth AG, Beckhoff Automation GmbH & Co. KG, Honeywell International Inc., Siemens AG, Acromag Inc., B&R Automation, Control Techniques, Precise Automation Inc., Danfoss A/S, Eaton Corporation plc, Fuji Electric Co. Ltd., GE Automation & Controls, Hitachi Industrial Equipment Systems Co. Ltd., IDEC Corporation, Lenze SE, Yaskawa Electric Corporation

Market Drivers:

The growing use of robots in the manufacturing sector is expected to propel the growth of the machine automation controller market going forward. Industrial robots are machines that have been programmed to perform manufacturing tasks. In manufacturing, robots are used to perform repetitive tasks, which streamlines the overall assembly workflow. As a result, the growing use of robots in the manufacturing sector increases demand for the machine automation controller market. For instance, in December 2021, according to an article published by the International Federation of Robotics, a Germany-based non-profit organization dedicated to promoting, strengthening, and protecting the robotics industry, the use of industrial robots in factories around the world is rapidly increasing: the new global average of robot density in the manufacturing industries is 126 robots per 10,000 employees, nearly double the number five years ago (2015: 66 units). The average robot density in Asia/Australia is 134 units, 123 units in Europe, and 111 units in the Americas. South Korea, Singapore, Japan, Germany, and Sweden are the top five most automated countries in the world. Therefore, the growing use of robots in the manufacturing sector is driving the growth of the machine automation controller market.

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The machine automation controller market covered in this report is segmented -

1) By Controller Type: Distributed Control System (DCS), Programmable Logic Controller (PLC), Industrial PC (IPC)
2) By Form Factors: IP65, IP20, Other Form Factors (IP40, IP67, and IP69K)
3) By Industry: Food & Beverages, Automotive, Pharmaceutical, Packaging, Media & Telecommunication, Aerospace, Chemicals, Other Industries

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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