Manufacturing Industry Growth Fuels Expansion In The Industrial Controls Market: The Driving Engine Behind Industrial Controls Market Evolution in 2025

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Industrial Controls Market Size Growth Forecast: What to Expect by 2025?
The size of the industrial controls market has been consistently expanding over the past few years. It is projected to advance from $143.66 billion in 2024 to $148.6 billion in 2025, with a compound annual growth rate (CAGR) of 3.4%. Factors such as social welfare requisites, governmental financial support, embrace and fostering services, along with counseling and mental health services can be credited for the growth observed in the historical phase.

How Will the Industrial Controls Market Size Evolve and Grow by 2029?
The size of the industrial controls market is anticipated to experience steady expansion in the coming years. By 2029, it is projected to increase to $174.3 billion, at a compound annual growth rate (CAGR) of 4.1%. The growth anticipated in the forecasted period can be linked to improved awareness of mental health issues, an aging demographic, the increasing use of digital counseling and telehealth, and substance abuse treatment. Within the forecast period, major trends to look out for will be telehealth and online counseling, prevention and treatment of substance abuse, online and application-based support, and advancing technology for case management.

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What Drivers Are Propelling the Growth of Industrial Controls Market Forward?
The expansion of manufacturing sectors, particularly in growing economies, is anticipated to bolster the industrial controls market. Industrial controls enhance industrial processes by delivering high precision, improved quality, and dependability. For example, Goldman Sachs, an American investment banking firm, reported in April 2022 that the manufacturing sector in India experienced a 210% growth in the fiscal year 2022 compared to the fiscal year 2021. This was alongside a significant surge in new investment and order activity following the pandemic. Therefore, the flourishing of manufacturing industries will contribute to the expansion of the industrial controls market.

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What Long-Term Trends Will Define the Future of the Industrial Controls Market?
The industrial controls market is being hampered by malicious cyber-attacks stemming from insufficient security in industrial infrastructure. The problem lies in the increasing integration of industrial controls with interconnected sensors and integrated data systems, which opens them up to the risk of cyber-attacks. To illustrate, authorities were obligated to turn off the emergency system when 156 tornado alarm systems were compromised in Dallas, a city in the US.

What Are the Key Segments in the Industrial Controls Market?
The industrial controls market covered in this report is segmented -

1) By Control system: Distributed Control System (DCS), Supervisory Control And Data Acquisition System (SCADA), Manufacturing Execution System (MES)
2) By Component: Modular Terminal Block, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferrules Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connectors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housings, Power Supplies, Industrial Ethernet, Remote IO
3) By End User: Automotive, Utility, Electronics And Semiconductor, Mining, Other End Users

Subsegments:
1) By Distributed Control System (DCS): Process DCS, Hybrid DCS, Advanced DCS
2) By Supervisory Control And Data Acquisition System (SCADA): Traditional SCADA, Cloud-based SCADA, Wireless SCADA
3) By Manufacturing Execution System (MES): Discrete MES, Process MES, Hybrid MES

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Who Are the Key Players Shaping the Industrial Controls Market's Competitive Landscape?
Major companies operating in the industrial controls market include Mitsubishi Electric Factory Automation, Siemens AG, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, ABB Ltd, Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, Endress+Hauser Group, WIKA Alexander Wiegand SE & Co. KG, Azbil Corporation (formerly known as Yamatake Corporation), Fuji Electric Co. Ltd., 3D Systems Corporation, HP Inc., FANUC Corporation, Stratasys Ltd., Progea Srl, Hitachi Ltd., Vega Grieshaber KG, Danfoss Group, Tegan Innovations Inc., Krohne Group, Chaos Prime, Dwyer Instruments Inc., Kawasaki Heavy Industries Ltd., General Electric Company (GE), Johnson Controls International plc, Eaton Corporation plc, Phoenix Contact GmbH & Co. KG, Parker Hannifin Corporation, WAGO Kontakttechnik GmbH & Co. KG, Yokohama Industries Inc., B&R Industrial Automation GmbH, Beckhoff Automation GmbH & Co. KG, Bosch Rexroth AG, Delta Electronics Inc., Festo AG & Co. KG, IDEC Corporation, Keyence Corporation, National Instruments Corporation, Pepperl+Fuchs GmbH

What Geographic Markets Are Powering Growth in the Industrial Controls Market?
Asia-Pacific was the largest region in the industrial controls market in 2024. Western Europe was the second-largest region in the industrial controls market. The regions covered in the industrial controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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