Automation And Controls Market
“What Are the Projected Growth and Market Size Trends for the Automation And Controls Market?
The automation and controls market has exhibited strong growth in recent years. It is anticipated to increase from $139.8 billion in 2024 to $153.58 billion in 2025, achieving a CAGR of 9.9%. The past growth was fueled by industrial advancements, computerization, electrification, the adoption of programmable logic controllers (PLCs), the digital revolution, and the growing influence of the Internet of Things (IoT).
The automation and controls market is expected to grow to $221.75 billion by 2029, at a CAGR of 9.6%. This growth is driven by the demand for smart manufacturing, labor cost increases, skills shortages, urbanization, and infrastructure development. Major trends in the forecast period include the adoption of digital twins, technological advancements, the use of augmented and virtual reality (AR/VR), the expansion of robotics and cobots, and AI and machine learning integration.
What Is Driving the Growth Trajectory of the Automation And Controls Market?
The surge in demand for industrial automation is expected to drive the growth of the automation and control market. Industrial automation, which involves using robotics, machines, and control systems for tasks previously performed by humans, is preferred for enhancing efficiency, productivity, safety, and reliability while reducing costs. Automation and control systems optimize industrial operations, boosting precision, productivity, and consistent quality. For instance, the International Federation of Robotics reported a 48% increase in service robot sales in 2022. As companies address staffing shortages, automation is becoming increasingly important. Therefore, the rise in industrial automation demand is fueling the automation and control market’s growth.
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Which Leading Companies Are Shaping the Growth of the Automation And Controls Market?
Major companies operating in the automation and controls market are Hitachi Ltd., Siemens AG, General Electric Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Group, Johnson Controls International PLC, Emerson Electric Co., Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Delta Electronics Inc., Rockwell Automation Inc., Bosch Rexroth AG, OMRON Corporation, Keyence Corporation, Fanuc Corporation, Dassault Systèmes SE, Fuji Electric Co. Ltd., Yaskawa Electric Corporation, KUKA AG, Yokogawa Electric Corporation, Phoenix Contact GmbH & Co. KG, Rittal GmbH & Co. KG, SICK AG, Advantech Co. Ltd., Beckhoff Automation GmbH & Co. KG, National Instruments Corporation, AVEVA Group PLC, B&R Industrial Automation GmbH, Universal Robots A/S
What Are the Major Trends Shaping the Automation And Controls Market?
Key players in the automation and controls market are introducing innovative products like the MTConnect driver to maintain their market position. This solution integrates CNC machines into the IIoT ecosystem, enhancing data analysis. For instance, in March 2022, Emerson Electric Co., a US-based engineering company, launched the MTConnect driver for its Movicon. NExTTM 4.1.333 platform, which allows for quick and simple integration, scalability, and efficient data collection from manufacturing assets. It facilitates better decision-making at both operational and enterprise levels, offering a read-only solution that significantly broadens the platform’s ability to incorporate production data in manufacturing environments.
What Are the Key Segments of the Automation And Controls Market?
The automation and controls market covered in this report is segmented –
1) By Product: Programmable Logic Controller (PLC), Supervisory Control And Data Acquisition (SCADA), Programmable Automation Controller (PAC), Distributed Control System (DCS), Human-Machine Interface (HMI), Manufacturing Execution System (MES)
2) By Application: Lighting, Heating, Ventilation and Air Conditioning (HVAC), Safety And Security, Other Applications
3) By End Use: Residential, Commercial, Industrial, Oil And Gas, Mining And Metals, Automotive And Transportation, Manufacturing Electrical And Electronics: Other End Users
Subsegments:
1) By Programmable Logic Controller (PLC): Compact PLC, Modular PLC
2) By Supervisory Control And Data Acquisition (SCADA): Hardware SCADA, Software SCADA
3) By Programmable Automation Controller (PAC): High-Performance PAC, Mid-Range PAC
4) By Distributed Control System (DCS): Process DCS, Hybrid DCS
5) By Human-Machine Interface (HMI): Standalone HMI, Software HMI
6) By Manufacturing Execution System (MES): On-Premise MES, Cloud-Based MES
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Which Region Dominates the Automation And Controls Market?
Asia-Pacific was the largest region in the automation and controls market in 2024. The regions covered in the automation and controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Automation And Controls Global Market Report?
– Market Size Analysis: Analyze the Automation And Controls Market size by key regions, countries, product types, and applications.
– Market Segmentation Analysis: Identify various subsegments within the Automation And Controls Market for effective categorization.
– Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
– Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
– Market Contribution: Evaluate contributions of different segments to the overall Automation And Controls Market growth.
– Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
– Industry Challenges: Analyze challenges and risks affecting the Automation And Controls Market.
– Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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