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Industrial automation control market size to grow by USD 39.34 billion, Vendors to develop new products to compete in the market – Technavio

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NEW YORK, Dec. 5, 2022 /PRNewswire/ — The global industrial automation control market is fragmented and has well-established international and regional vendors. Vendors are developing new products to cater to the requirements of end-users. They are also customizing PLCs as per end-user requirements and focusing on building open software platforms to avoid interoperability issues. Such factors will help the vendors to survive the competition in the market during the forecast period.


Technavio has announced its latest market research report titled Global Industrial Automation Control Market 2023-2027


The industrial automation control market size is forecasted to grow by USD 39.34 billion. The growth momentum of the market is estimated to grow at a CAGR of 5.46% from 2022 to 2027, according to Technavio.

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Industrial automation control market 2023-2027: Scope

The industrial automation control market report covers the following areas:

Industrial automation control market 2023-2027: Segmentation

  • Product 
    • Sensors: The sensors segment will be the largest contributor to market growth during the forecast period. Sensors are heavily used in industrial process applications for measuring, monitoring, testing, scaling, and automation. The increasing use of the Industrial Internet of Things (IIoT) has created new growth opportunities for industrial wireless sensors. Such factors will drive the growth of the sensors segment
    • Drives
    • DCS
    • SCADA
    • PLC
  • End-user 
    • Process industry
    • Discrete industry
  • Geography 
    • APAC: APAC will account for 44% of the global market’s growth during the forecast period. Some of the key markets in the region are China, Japan, South Korea, and India. The growth of the market in these countries is driven by rapid industrialization and increasing investments in the power, water and wastewater treatment, and food and beverage industries.
    • North America
    • Europe
    • South America
    • Middle East and Africa

Industrial automation control market 2023-2027: Vendor analysis

ABB Ltd., Beckhoff Automation GmbH and Co. KG, Bosch Rexroth AG, Eaton Corp. Plc, Electrical4U, Endress Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Industrial Automation Control, Keyence India Pvt. Ltd., NNIT AS, OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, TOSHIBA CORP, Yokogawa Electric Corp., Emerson Electric Co., and Honeywell International Inc. are among some of the major market participants.

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What are the key data covered in the industrial automation control market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the industrial automation control market between 2023 and 2027
  • Precise estimation of the size of the industrial automation control market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industrial automation control market across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of industrial automation control market vendors

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Industrial Automation Control Market Scope

Report Coverage

Details

Page number

184

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.46%

Market growth 2023-2027

USD 39.34 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.63

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 44%

Key consumer countries

US, China, Japan, Germany, and France

Competitive landscape

Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Companies profiled

ABB Ltd., Beckhoff Automation GmbH and Co. KG, Bosch Rexroth AG, Eaton Corp. Plc, Electrical4U, Endress Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Industrial Automation Control, Keyence India Pvt. Ltd., NNIT AS, OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, TOSHIBA CORP, Yokogawa Electric Corp., Emerson Electric Co., and Honeywell International Inc.

Market Dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global industrial automation control market 2017 – 2021
    • Exhibit 18: Historic Market Size – Data Table on Global industrial automation control market 2017 – 2021 ($ billion)
  • 4.2 Product Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ billion)
  • 4.3 End-user Segment Analysis 2017 – 2021 
    • Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 ($ billion)
  • 4.4 Geography Segment Analysis 2017 – 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)
  • 4.5 Country Segment Analysis 2017 – 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Product

  • 6.1 Market segments 
    • Exhibit 30: Chart on Product – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Product – Market share 2022-2027 (%)
  • 6.2 Comparison by Product 
    • Exhibit 32: Chart on Comparison by Product
    • Exhibit 33: Data Table on Comparison by Product
  • 6.3 Sensors – Market size and forecast 2022-2027
    • Exhibit 34: Chart on Sensors – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 35: Data Table on Sensors – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 36: Chart on Sensors – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Sensors – Year-over-year growth 2022-2027 (%)
  • 6.4 Drives – Market size and forecast 2022-2027
    • Exhibit 38: Chart on Drives – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 39: Data Table on Drives – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 40: Chart on Drives – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Drives – Year-over-year growth 2022-2027 (%)
  • 6.5 DCS – Market size and forecast 2022-2027 
    • Exhibit 42: Chart on DCS – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 43: Data Table on DCS – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 44: Chart on DCS – Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on DCS – Year-over-year growth 2022-2027 (%)
  • 6.6 SCADA – Market size and forecast 2022-2027
    • Exhibit 46: Chart on SCADA – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 47: Data Table on SCADA – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 48: Chart on SCADA – Year-over-year growth 2022-2027 (%)
    • Exhibit 49: Data Table on SCADA – Year-over-year growth 2022-2027 (%)
  • 6.7 PLC – Market size and forecast 2022-2027
    • Exhibit 50: Chart on PLC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 51: Data Table on PLC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 52: Chart on PLC – Year-over-year growth 2022-2027 (%)
    • Exhibit 53: Data Table on PLC – Year-over-year growth 2022-2027 (%)
  • 6.8 Market opportunity by Product 
    • Exhibit 54: Market opportunity by Product ($ billion)

7 Market Segmentation by End-user

  • 7.1 Market segments 
    • Exhibit 55: Chart on End-user – Market share 2022-2027 (%)
    • Exhibit 56: Data Table on End-user – Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 57: Chart on Comparison by End-user
    • Exhibit 58: Data Table on Comparison by End-user
  • 7.3 Process industry – Market size and forecast 2022-2027
    • Exhibit 59: Chart on Process industry – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 60: Data Table on Process industry – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 61: Chart on Process industry – Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Process industry – Year-over-year growth 2022-2027 (%)
  • 7.4 Discrete industry – Market size and forecast 2022-2027
    • Exhibit 63: Chart on Discrete industry – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 64: Data Table on Discrete industry – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 65: Chart on Discrete industry – Year-over-year growth 2022-2027 (%)
    • Exhibit 66: Data Table on Discrete industry – Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by End-user 
    • Exhibit 67: Market opportunity by End-user ($ billion)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 69: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 71: Chart on Geographic comparison
    • Exhibit 72: Data Table on Geographic comparison
  • 9.3 APAC – Market size and forecast 2022-2027
    • Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.4 North America – Market size and forecast 2022-2027
    • Exhibit 77: Chart on North America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 78: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 79: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.5 Europe – Market size and forecast 2022-2027
    • Exhibit 81: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 82: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 83: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027
    • Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 89: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 90: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 91: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 US – Market size and forecast 2022-2027
    • Exhibit 93: Chart on US – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 94: Data Table on US – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.9 China – Market size and forecast 2022-2027
    • Exhibit 97: Chart on China – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 98: Data Table on China – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 99: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.10 Japan – Market size and forecast 2022-2027
    • Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)
  • 9.11 Germany – Market size and forecast 2022-2027
    • Exhibit 105: Chart on Germany – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 106: Data Table on Germany – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 107: Chart on Germany – Year-over-year growth 2022-2027 (%)
    • Exhibit 108: Data Table on Germany – Year-over-year growth 2022-2027 (%)
  • 9.12 France – Market size and forecast 2022-2027
    • Exhibit 109: Chart on France – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 110: Data Table on France – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 111: Chart on France – Year-over-year growth 2022-2027 (%)
    • Exhibit 112: Data Table on France – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 114: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 116: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 117: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 118: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 119: Matrix on vendor position and classification
  • 12.3 ABB Ltd. 
    • Exhibit 120: ABB Ltd. – Overview
    • Exhibit 121: ABB Ltd. – Business segments
    • Exhibit 122: ABB Ltd. – Key news
    • Exhibit 123: ABB Ltd. – Key offerings
    • Exhibit 124: ABB Ltd. – Segment focus
  • 12.4 Beckhoff Automation GmbH and Co. KG 
    • Exhibit 125: Beckhoff Automation GmbH and Co. KG – Overview
    • Exhibit 126: Beckhoff Automation GmbH and Co. KG – Product / Service
    • Exhibit 127: Beckhoff Automation GmbH and Co. KG – Key offerings
  • 12.5 Eaton Corp. Plc 
    • Exhibit 128: Eaton Corp. Plc – Overview
    • Exhibit 129: Eaton Corp. Plc – Business segments
    • Exhibit 130: Eaton Corp. Plc – Key news
    • Exhibit 131: Eaton Corp. Plc – Key offerings
    • Exhibit 132: Eaton Corp. Plc – Segment focus
  • 12.6 Emerson Electric Co. 
    • Exhibit 133: Emerson Electric Co. – Overview
    • Exhibit 134: Emerson Electric Co. – Business segments
    • Exhibit 135: Emerson Electric Co. – Key news
    • Exhibit 136: Emerson Electric Co. – Key offerings
    • Exhibit 137: Emerson Electric Co. – Segment focus
  • 12.7 Endress Hauser Group Services AG 
    • Exhibit 138: Endress Hauser Group Services AG – Overview
    • Exhibit 139: Endress Hauser Group Services AG – Product / Service
    • Exhibit 140: Endress Hauser Group Services AG – Key news
    • Exhibit 141: Endress Hauser Group Services AG – Key offerings
  • 12.8 Fuji Electric Co. Ltd. 
    • Exhibit 142: Fuji Electric Co. Ltd. – Overview
    • Exhibit 143: Fuji Electric Co. Ltd. – Business segments
    • Exhibit 144: Fuji Electric Co. Ltd. – Key offerings
    • Exhibit 145: Fuji Electric Co. Ltd. – Segment focus
  • 12.9 General Electric Co. 
    • Exhibit 146: General Electric Co. – Overview
    • Exhibit 147: General Electric Co. – Business segments
    • Exhibit 148: General Electric Co. – Key news
    • Exhibit 149: General Electric Co. – Key offerings
    • Exhibit 150: General Electric Co. – Segment focus
  • 12.10 Hitachi Ltd. 
    • Exhibit 151: Hitachi Ltd. – Overview
    • Exhibit 152: Hitachi Ltd. – Business segments
    • Exhibit 153: Hitachi Ltd. – Key news
    • Exhibit 154: Hitachi Ltd. – Key offerings
    • Exhibit 155: Hitachi Ltd. – Segment focus
  • 12.11 Honeywell International Inc. 
    • Exhibit 156: Honeywell International Inc. – Overview
    • Exhibit 157: Honeywell International Inc. – Business segments
    • Exhibit 158: Honeywell International Inc. – Key news
    • Exhibit 159: Honeywell International Inc. – Key offerings
    • Exhibit 160: Honeywell International Inc. – Segment focus
  • 12.12 Keyence India Pvt. Ltd. 
    • Exhibit 161: Keyence India Pvt. Ltd. – Overview
    • Exhibit 162: Keyence India Pvt. Ltd. – Product / Service
    • Exhibit 163: Keyence India Pvt. Ltd. – Key offerings
  • 12.13 OMRON Corp. 
    • Exhibit 164: OMRON Corp. – Overview
    • Exhibit 165: OMRON Corp. – Business segments
    • Exhibit 166: OMRON Corp. – Key news
    • Exhibit 167: OMRON Corp. – Key offerings
    • Exhibit 168: OMRON Corp. – Segment focus
  • 12.14 Rockwell Automation Inc. 
    • Exhibit 169: Rockwell Automation Inc. – Overview
    • Exhibit 170: Rockwell Automation Inc. – Business segments
    • Exhibit 171: Rockwell Automation Inc. – Key news
    • Exhibit 172: Rockwell Automation Inc. – Key offerings
    • Exhibit 173: Rockwell Automation Inc. – Segment focus
  • 12.15 Schneider Electric SE 
    • Exhibit 174: Schneider Electric SE – Overview
    • Exhibit 175: Schneider Electric SE – Business segments
    • Exhibit 176: Schneider Electric SE – Key news
    • Exhibit 177: Schneider Electric SE – Key offerings
    • Exhibit 178: Schneider Electric SE – Segment focus
  • 12.16 Siemens AG 
    • Exhibit 179: Siemens AG – Overview
    • Exhibit 180: Siemens AG – Business segments
    • Exhibit 181: Siemens AG – Key news
    • Exhibit 182: Siemens AG – Key offerings
    • Exhibit 183: Siemens AG – Segment focus
  • 12.17 Yokogawa Electric Corp. 
    • Exhibit 184: Yokogawa Electric Corp. – Overview
    • Exhibit 185: Yokogawa Electric Corp. – Business segments
    • Exhibit 186: Yokogawa Electric Corp. – Key offerings
    • Exhibit 187: Yokogawa Electric Corp. – Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 188: Inclusions checklist
    • Exhibit 189: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 190: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 191: Research methodology
    • Exhibit 192: Validation techniques employed for market sizing
    • Exhibit 193: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 194: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

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Media & Marketing Executive

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UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

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