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Discrete Automation Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Discrete Automation Market SizeThe global Discrete Automation market was valued at US$ 14880 million in 2023 and is anticipated to reach US$ 22590 million by 2030, witnessing a CAGR of 6.1% during the forecast period 2024-2030.
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The global discrete automation market is expected to witness significant growth over the forecast period owing to growing demand for manufacturing in emerging markets. Rising demand for custom configured products along with several asset lifecycle management initiatives. Growing focus on efficiency improvement and energy saving is expected to drive market growth. Discrete automation offers a control platform for increasing productivity, enhances ease-of-use along with reducing costs which are expected to accentuate the industry growth. Increasing population along with urbanization is creating a strain on infrastructure which is projected to offer lucrative growth opportunities for the discrete automation market by 2022. This automation finds its application across various industries including pharmaceuticals, petrochemicals, mining, and pulp manager among others.
This report aims to provide a comprehensive presentation of the global market for Discrete Automation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Discrete Automation.
By Type
• Distributed Control System (DCS)
• Manufacturing Execution System (MES)
• Product Lifecycle Management (PLM)
• Programmable Logic Controllers (PLC)
By Application
• Automotive
• Packaging
• Food processing
• Textile industry
Key Companies
Supcon, Emerson, HollySys, Honeywell, ABB, Schneider Electric, Yokogawa, SIEMENS, HITACH, Valmet, Toshiba, GE Renewable Energy, Rockwell Automation, Azbil Corporation, Chuanyi, Beijing Consen Automation, Sciyon, Ingeteam
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