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In-Depth Analysis of the Industrial Automation And Control Systems Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
Industrial Automation And Control Systems Market Share
The industrial automation and control systems market is anticipated to expand due to the rising embracement of automation. Automation pertains to technical applications which necessitate less human intervention. It encompasses personal applications such as residential automation, business procedures automation, and IT automation. Industrial automation and control schemes are leveraged to enhance precision and improve overall factory management by using computer software and robotics to control machinery and processes that replace humans in the performance of specific tasks. For example, data from the International Federation of Robotics, a non-profit organization based in Germany, showed that in May 2023, there was an overall increase of 12% in the installations of industrial robots in the manufacturing sector, with the total reaching 41,624 units. The automotive industry, mainly made up of businesses from the US, Canada, and Mexico, led in this adoption with 20,391 installed units, signifying a 30% increase from 2021. Consequently, the escalating adoption of automation is propelling the growth of the industrial automation and control systems market.
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What growth opportunities are expected to drive the industrial automation and control systems market's CAGR through 2034?
The market size of industrial automation and control systems has seen a speedy growth in the past few years. The market, which is valued at $212.27 billion in 2024, is projected to reach $233.91 billion in 2025, showing a compound annual growth rate (CAGR) of 10.2%. Factors such as cost reduction, heightening demands for efficiency, adherence to regulations, expansion of global supply chains, and the evolution of programmable logic controllers (PLCs) have contributed to the growth in the historic period.
In the coming years, the market size for industrial automation and control systems is predicted to experience a swift expansion. It is projected to reach the value of $366.94 billion in 2029, advancing at a compound annual growth rate (CAGR) of 11.9%. The rise during the forecast period can be linked to factors such as the incorporation of industry 4.0 and IoT, the need for flexibility and customization, concerns over cybersecurity, the necessity for energy efficiency, and the incorporation of robotics. Noteworthy tendencies for the forecast period involve digital transformation, cybersecurity, edge computing, integration with the cloud, cooperative robots, and the use of digital twins for virtual modelling.
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What are the emerging trends shaping the future of the industrial automation and control systems market?
Prominent businesses in the industrial air filtration market are concentrating on the creation of novel solutions such as low-voltage motor control centers (MCC) to boost energy efficiency, decrease operational expenditures, increase the reliability of systems, and guarantee adherence to environmental rules. Low-voltage motor control centers (MCCs) are specialized electrical assemblies crafted to maneuver and govern electric motors in a range of industrial uses. For example, in April 2023, Omron Corporation, a Japanese electronics firm, introduced its latest filtration services with a goal to improve operational efficiency in various sectors. This endeavor mirrors the company's dedication to innovation and superior customer service in the filtration field. The goal is to offer a more comprehensive approach to filtration solutions, addressing the progressing requirements of their clientele.
Which growth-oriented segments of the industrial automation and control systems market are leading the industry's development?
The industrial automation and control systems market covered in this report is segmented -
1) By Component: HMI (Human-Machine Interface), Industrial Robots, Control Valves, Sensors, Other Component
2) By Control System: DCS (Distributed Control System), PLC (Programmable Logic Controller), SCADA (Supervisory Control And Data Acquisition)
3) By End-User Industry: Aerospace And Defense, Automotive, Chemical, Energy And Utilities, Food And Beverage, Healthcare, Manufacturing, Mining And Metal, Oil And Gas, Transportation
Subsegments:
1) By HMI (Human-Machine Interface): Touchscreen HMIs, Software-based HMIs, Embedded HMIs
2) By Industrial Robots: Articulated Robots, SCARA Robots, Collaborative Robots (Cobots), Cartesian Robots
3) By Control Valves: Manual Control Valves, Automatic Control Valves, Pressure Relief Valves, Flow Control Valves
4) By Sensors: Proximity Sensors, Temperature Sensors, Pressure Sensors, Flow Sensors, Level Sensors
5) By Other Components: PLCs (Programmable Logic Controllers), Drives And Motors, Networking Equipment, Safety Systems
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What regions are leading the charge in the industrial automation and control systems market?
Asia-Pacific was the largest region in the industrial automation and control systems market in 2024 and is expected to be the fastest-growing region in the industrial automation and control systems market during the forecast period. The regions covered in the industrial automation and control systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the industrial automation and control systems market?
Major companies operating in the industrial automation and control systems market include ABB Ltd., Emerson Electric Co., Honeywell International Inc., Kawasaki Heavy Industries Ltd., Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yokogawa Electric Corporation, Texas Instruments Inc., Robert Bosch GmbH, Fortive, Ametek EIG, Phoenix Contact GmbH & Co. KG, General Electric Company, Johnson Controls International plc, Fanuc Corporation, Advantech Co. Ltd., Bosch Rexroth AG, Beckhoff Automation GmbH & Co. KG, Eaton Corporation plc, National Instruments Corporation, Keyence Corporation, Delta Electronics Inc., Pilz GmbH & Co. KG, Danaher Corporation, Endress+Hauser Group, Pepperl+Fuchs AG, WAGO Kontakttechnik GmbH & Co. KG
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What Is Covered In The Industrial Automation And Control Systems Global Market Report?
• Market Size Forecast: Examine the industrial automation and control systems market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the industrial automation and control systems market for a structured understanding.
• Key Players Overview: Analyze major players in the industrial automation and control systems market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the industrial automation and control systems market.
• Segment Contributions: Evaluate how different segments drive overall growth in the industrial automation and control systems market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the industrial automation and control systems market.
• Industry Challenges: Identify potential risks and obstacles affecting the industrial automation and control systems market.
• Competitive Landscape: Review strategic developments in the industrial automation and control systems market, including expansions, agreements, and new product launches.
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