Global Industrial Control and Factory Automation
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Industrial Control and Factory Automation market size will be USD 282.68 Billion By 2030. Industrial Control and Factory Automation Industry's Compound Annual Growth Rate will be 9.18 % from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Industrial Control and Factory Automation market size will be USD 282.68 Billion By 2030. Industrial Control and Factory Automation Industry's Compound Annual Growth Rate will be 9.18 % from 2023 to 2030
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Industrial Control and Factory Automation Market Sales Revenue 2030 | $ 282.68 Billion |
Global Industrial Control and Factory Automation Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.18% |
Market Split by Component |
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Market Split by Solution |
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Market Split by Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Industrial Control and Factory Automation industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Industrial Control and Factory Automation Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Industrial control & factory automation across the enterprise enables companies to optimize their operations by connecting plants, sites, facilities, and people. Factory automation is an outgrowth of digitization that has significantly improved the industrial sector. It also improves process efficiency by utilizing robots, computers, and other control systems to oversee a variety of complex tasks.
The increasing adoption of industrial automation across several sectors to ensure effective management of processes and rapid industrialization are the main driving factors responsible for the growth of the global industrial control & factory automation market. Industrial automation products use various control systems, such as information technologies, robots, and tools for handling various types of machinery and processes used in several industries. Additionally, rising demand for automation products in factories for effectively minimizing production costs and improving the quality of products is another factor that boosts the market growth during the forecast period. However, the automated control machines can costliest operating costs for a company and may obstruct the growth of the global industrial control & factory automation market in the near future. Further, the future of industrial control & factory automation belongs to nanotech, wireless technology, and complex adaptive systems. This is expected to create new opportunities for the industrial control & factory automation market during the forecast period
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Bosch Rexroth opened new factory automation Customer Innovation Center
December 2022
Bosch opened a new customer innovation center near Texas.
The facility has provided a unique technology development experience for Bosch Rexroth's factory automation customers from multiple industry sectors, including electric vehicle manufacturing, battery production, consumer goods, and semiconductor manufacturing. The new innovation center is the latest in a series of expansions and investments by Bosch Rexroth in North America, including a new facility in Queretaro, Mexico, and an expansion in Charlotte, North Carolina.
Top Companies Market Share in Industrial Control and Factory Automation Industry: (In no particular order of Rank)
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North America accounted for relatively the largest share of the industrial control & factory automation market. The market demand is growing in the region due to the increasing adoption of advanced technologies, rapid industrialization, and the presence of leading automation companies in the U.S. American factories can produce high-quality products at large scale, resulting in competitive prices and healthy profit margins for the brands that bring their products to market.
The current report Scope analyzes Industrial Control and Factory Automation Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Industrial Control and Factory Automation Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Industrial Control and Factory Automation Industry growth. Industrial Control and Factory Automation market has been segmented with the help of its Component, Solution Industry, and others. Industrial Control and Factory Automation market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Industrial Control and Factory Automation market.
Component of Industrial Control and Factory Automation analyzed in this report are as follows:
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Industrial Control and Factory Automation from 2019 to 2031. This will also help to analyze the demand for Industrial Control and Factory Automation across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Solution of Industrial Control and Factory Automation are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Industrial Control and Factory Automation Market is witnessing significant growth in the near future.
In 2023, the Industrial Robots segment accounted for noticeable share of global Industrial Control and Factory Automation Market and is projected to experience significant growth in the near future.
The SCADA segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Ametek Inc., Emerson and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Industrial Robots, Machine Vision, Process Analyzer, Field Instruments, Human Machine Interface, Industrial PC, Industrial Sensors, Industrial 3D Printing, Vibration Monitoring |
Solution | SCADA, PLC, DCS, MES, Industrial Safety, PAM |
Industry | Process Industry, Discrete Industry |
List of Competitors | Ametek Inc., Bosch Automation, Emerson, Honeywell International, Mitsubishi Corporation, National Instrument Corporation, Schneider Electric, General Electric Co, Siemens Ag, Yokogawa Electric Corporation |
This chapter will help you gain GLOBAL Market Analysis of Industrial Control and Factory Automation. Further deep in this chapter, you will be able to review Global Industrial Control and Factory Automation Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Solution Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Industry Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Industrial Control and Factory Automation market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Industrial Robots have a significant impact on Industrial Control and Factory Automation market? |
What are the key factors affecting the Industrial Robots and Machine Vision of Industrial Control and Factory Automation Market? |
What is the CAGR/Growth Rate of SCADA during the forecast period? |
By type, which segment accounted for largest share of the global Industrial Control and Factory Automation Market? |
Which region is expected to dominate the global Industrial Control and Factory Automation Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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