Product Code: GVR-4-68038-130-6
Industrial Automation And Control Systems Market Growth & Trends:
The global industrial automation and control systems market size is expected to reach USD 288.93 billion by 2028, registering a CAGR of 8.9% from 2021 to 2028, according to a new report by Grand View Research, Inc. The proliferation of digitized industrial solutions is paving the way for the growth of the industry globally. Manufacturing and healthcare facilities are heavily investing in the deployment of automation technologies to streamline and simplify their everyday operations. The discovery of new crude oil reserves and growing need for enhanced security and safety standards in oil refineries are driving the demand for Distributed Control System (DCS) in the oil and gas industry. Additionally, the manufacturing and water and wastewater industries are widely adopting SCADA systems owing to their benefits, such as scalability and reliability.
The prevalence of Industry 4.0 has given rise to substantial opportunities for market participants engaged in offering automation, robotics, intelligent control systems, and IIoT technologies to the manufacturing sector. Leading automation control system companies incorporate advanced technologies in their product offerings to help users simplify their daily activities. Additionally, companies are focused on innovating industry-specific customized solutions to reduce production costs, optimize efficiency with adequate resources, and standardize operations.
The spread of the COVID-19 virus had resulted in partial or complete closures of manufacturing facilities in several countries, halting the production for a prolonged duration. The crippling impact of the pandemic highlighted critical gaps in the manufacturing sector. Nevertheless, companies are rebuilding their sustainability plans and re-inventing their supply chain models by exploring automation possibilities to reduce the future impact of the crisis on the production lines. While in the pre-COVID era, automation was seen as a means to achieve cost reduction, innovation, and customer visibility, its purpose has now shifted to survival and damage limitation. According to Cairn, an Indian oil & gas plant, automation and digitization have helped the company to recover its daily production of 1.6 lakh barrels against 1.8 lakh barrels with less than one-third of its workforce, due to stringent quarantine measures.
Industrial Automation And Control Systems Market Report Highlights:
- The market participants are primarily focused on implementing strategies such as partnerships, new product developments, mergers and acquisitions, and geographic expansions to stay competitive in the market
- Growing investments and ongoing developments in the manufacturing sector are anticipated to propel the growth of the market. Industries such as automotive, aerospace, and heavy engineering are increasingly digitalizing and transforming their manufacturing processes
- The market is witnessing a tremendous surge in the adoption of industrial robots to attain accuracy and precision in the production processes. The segment is expected to register a CAGR exceeding 11.0% from 2021 to 2028
- End users across the Middle East and Africa are making continuous investments to upgrade their traditional manufacturing facilities and adopt advanced automation practices, driving the adoption of industrial automation across the region
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources & third - party perspectives
- 1.3.4. Primary research
- 1.4. Information Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
Chapter 3. Industry Outlook
- 3.1. Market Size and Growth Prospects
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. Industry Value Chain Analysis
- 3.5. Industry Analysis - Porter's
- 3.6. Industry Analysis - PEST
- 3.7. Major Deals & Strategic Alliances Analysis
- 3.7.1. Joint ventures
- 3.7.2. Mergers & acquisitions
- 3.7.3. Licensing and partnerships
- 3.7.4. Technology collaboration
Chapter 4. Component Estimates & Trend Analysis
- 4.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Billion)
- 4.2. Component Movement Analysis & Market Share, 2020 & 2028
- 4.3. HMI
- 4.3.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 4.4. Industrial Robots
- 4.4.1. Market size estimates & forecasts, 2018 - 2028 (USD Billion)
- 4.5. Control Valves
- 4.5.1. Market size estimates & forecasts, 2018 - 2028 (USD Billion)
- 4.6. Sensors
- 4.6.1. Market size estimates & forecasts, 2018 - 2028 (USD Billion)
- 4.7. Others
- 4.7.1. Market size estimates & forecasts, 2018 - 2028 (USD Billion)
Chapter 5. Control System Estimates & Trend Analysis
- 5.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Billion)
- 5.2. Control System Movement Analysis & Market Share, 2020 & 2028
- 5.3. DCS
- 5.3.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 5.4. PLC
- 5.4.1. Market size estimates & forecasts, 2018 - 2028 (USD Billion)
- 5.5. SCADA
- 5.5.1. Market size estimates & forecasts, 2018 - 2028 (USD Billion)
- 5.6. Others
- 5.6.1. Market size estimates & forecasts, 2018 - 2028 (USD Billion)
Chapter 6. Vertical Estimates & Trend Analysis
- 6.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Billion)
- 6.2. Vertical Movement Analysis & Market Share, 2020 & 2028
- 6.3. Aerospace & Defense
- 6.3.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.4. Automotive
- 6.4.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.5. Chemical
- 6.5.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.6. Energy & Utilities
- 6.6.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.7. Food & Beverage
- 6.7.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.8. Healthcare
- 6.8.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.9. Manufacturing
- 6.9.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.10. Mining & Metal
- 6.10.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.11. Oil & Gas
- 6.11.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.12. Transportation
- 6.12.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
- 6.13. Others
- 6.13.1. Market size estimates and forecasts, 2018 - 2028 (USD Billion)
Chapter 7. Regional Estimates & Trend Analysis
- 7.1. Regional Market Size Estimate & Forecast, 2018 - 2028 (USD Billion)
- 7.2. Regional Movement Analysis & Market Share, 2020 & 2028
- 7.3. North America
- 7.3.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.3.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.3.3. Market size estimates and forecasts by vertical, 2018 - 2028 (USD Billion)
- 7.3.4. U.S.
- 7.3.4.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.3.4.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.3.4.3. Market size estimates and forecasts by vertical, 2018 - 2028 (USD Billion)
- 7.3.5. Canada
- 7.3.5.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.3.5.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.3.5.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.4. Europe
- 7.4.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.4.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.4.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.4.4. U.K.
- 7.4.4.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.4.4.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.4.4.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.4.5. Germany
- 7.4.5.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.4.5.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.4.5.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.4.6. France
- 7.4.6.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.4.6.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.4.6.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.5. Asia Pacific
- 7.5.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.5.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.5.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.5.4. China
- 7.5.4.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.5.4.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.5.4.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.5.5. India
- 7.5.5.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.5.5.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.5.5.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.5.6. Japan
- 7.5.6.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.5.6.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.5.6.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.6. Latin America
- 7.6.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.6.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.6.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.6.4. Brazil
- 7.6.4.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.6.4.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.6.4.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.6.5. Mexico
- 7.6.5.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.6.5.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.6.5.3. Market size estimates and forecasts by end-use, 2018 - 2028 (USD Billion)
- 7.7. Middle East & Africa (MEA)
- 7.7.1. Market size estimates and forecasts by component, 2018 - 2028 (USD Billion)
- 7.7.2. Market size estimates and forecasts by control system, 2018 - 2028 (USD Billion)
- 7.7.3. Market size estimates and forecasts by vertical, 2018 - 2028 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
- 8.3. Vendor Landscape
- 8.3.1. Key company market share analysis, 2020
- 8.4. Company Analysis
- 8.4.1. Company market position analysis
- 8.4.2. Competitive dashboard analysis
Chapter 9. Company Profiles
- 9.1. ABB
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Emerson Electric co.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. Honeywell International, Inc.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Kawasaki Heavy Industries, Ltd.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Mitsubishi Electric Corporation
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. OMRON Corporation
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Rockwell Automation, Inc.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. Schneider Electric
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. Siemens AG
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. Yokogawa Electric Corporation
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives