Industrial Control For Process Automation Market Poised to Hit $70.23 Billion by 2029 with Accelerating Growth Trends

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Industrial Control For Process Automation Market Size Growth Forecast: What to Expect by 2025?
The market size of industrial controls for process automation has experienced robust expansion in the past few years. The market is projected to blossom from $37.93 billion in 2024 to $41.44 billion in 2025, fueled by an impressive compound annual growth rate (CAGR) of 9.3%. The historic growth phase owes its success to a rise in demand for operational efficiency, intricate industrial processes, the imperative of real-time monitoring, amplified emphasis on safety, and labor costs.

How Will the Industrial Control For Process Automation Market Size Evolve and Grow by 2029?
The market size for the industrial control for process automation is anticipated to show promising growth in the upcoming years. It is projected to reach a valuation of $58.83 billion by 2029, with a compound annual growth rate (CAGR) of 9.2%. The surge in growth during the forecast period can be associated with the increasing utilization of the Internet of Things, a growing demand for edge computing, a heightened focus on cybersecurity, an escalating prominence of digital twins, and an increasing requirement for autonomous systems. Key trends identified during the forecast period include automation, wearable technology, AI integration, technological progress, cybersecurity, and the incorporation of edge computing.

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What Drivers Are Propelling the Growth of Industrial Control For Process Automation Market Forward?
The growth of industrial control in process automation is expected to be driven by the increased use of cloud-based solutions. These services are internet-hosted and not dependent on local servers or personal devices. The benefit of using cloud-based solutions lies in its scalability, cost efficiency, and security aspects. By integrating cloud-based solutions in industrial control for process automation, numerous advantages surface like scalability, cost-effectiveness, remote access, advanced analytics, IoT technology integration, and higher security and compliance standards. For instance, Eurostat, a governmental organization based in Luxembourg that acts as the statistical office for the European Union, reported that the adoption of cloud computing services in small and medium-sized enterprises rose to 59% in 2023 from 53% in 2021. Thus, the rise in use of cloud-based solutions is fuelling the expansion of the industrial control for process automation market.

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Which Emerging Trends Are Transforming the Industrial Control For Process Automation Market in 2025?
Key operators within the industrial control for process automation sphere are investing in the advancement of automation software solutions, such as systems heavily reliant on software for industrial automation. These software-centric tools are employed to facilitate remote supervision and control of industry operations, leveraging cutting-edge platforms for real-time surveillance, data synthesis, and informed decision-making. For example, Schneider Electric, a France-based enterprise specializing in automation, unveiled EcoStruxure Automation Expert in December 2022. This software-centric industrial automation mechanism allows for the separation of automation software from hardware, presenting a unique approach to the creation, management, execution, as well as upkeep of industrial automation systems. The system offers a well-rounded set of capabilities designed to optimize industrial automation operations. It offers broadened libraries for different functions and energy management systems, enhancing operational efficiencies. The construction tool enhances user experience with seamless workflow enabling features. It proffers strong defense against cyber threats through its sturdy in-built cybersecurity functionalities.

What Are the Key Segments in the Industrial Control For Process Automation Market?
The industrial control for process automationmarket covered in this report is segmented -

1) By System: Supervisory Control And Data Acquisition System, Distributed Control System, Programmable Logic Controller, Machine Execution System, Product Lifecycle Management, Enterprise Resource Planning, Human Machine Interface, Other Systems
2) Mode Of Automation: Semi-Automation, Fully-Automation
3) By Applications: Chemical And Petrochemical, Metals And Mining, Pulp And Paper, Water And Wastewater, Food And Beverage, Power, Oil And Gas, Other Applications

Subsegments:
1) By Supervisory Control And Data Acquisition System: SCADA Software, SCADA Hardware (Remote Terminal Units, Communication Infrastructure)
2) By Distributed Control System (DCS): Process Controllers, Field Devices (Sensors, Actuators), Control Panels And Networking Devices
3) By Programmable Logic Controller (PLC): Modular PLCs, Compact PLCs, Nano PLCs
4) By Machine Execution System (MES): Manufacturing Execution Software, Integration With Production Lines, Real-Time Monitoring And Data Collection
5) By Product Lifecycle Management (PLM): PLM Software, Product Design And Development, Manufacturing Process Integration
6) By Enterprise Resource Planning (ERP): ERP Software For Manufacturing, Inventory And Supply Chain Management, Financial And Human Resources Integration
7) By Human Machine Interface (HMI): Touchscreen HMIs, Panel PCs And Industrial PCs, HMI Software For Visualization And Control
8) By Other Systems: Advanced Process Control (APC), Condition Monitoring Systems, Asset Management Systems, Safety Instrumented Systems (SIS)

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Who Are the Key Players Shaping the Industrial Control For Process Automation Market's Competitive Landscape?
Major companies operating in the industrial control for process automation market are Siemens AG, General Electric Company, Honeywell International Inc., Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Danaher Corporation, Johnson Controls International plc, Emerson Electric Co., Rockwell Automation Inc., Fuji Electric Co. Ltd., Danfoss A/S, Keyence Corporation, Bosch Rexroth AG, Omron Corporation, Fanuc Corporation, Dassault Systemes SE, Endress+Hauser Group, Phoenix Contact GmbH & Co. KG, Rittal GmbH & Co. KG, B&R Industrial Automation GmbH, Pilz GmbH & Co. KG, Aspen Technology Inc., Wago Kontakttechnik GmbH & Co. KG, Yokogawa Electric Corporation.

What Geographic Markets Are Powering Growth in the Industrial Control For Process Automation Market?
Asia-Pacific was the largest region in the industrial control for process automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial control for process automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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