Automation And Controls
The Automation And Controls Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Automation And Controls Market?
In recent times, the automation and controls market has witnessed robust growth. The market is projected to expand from $139.8 billion in 2024 to $153.58 billion in 2025, featuring a compound annual growth rate (CAGR) of 9.9%. The past growth of this sector can be attributed to factors such as the industrial revolution, the advent of computerization, electrification, the use of programmable logic controllers (PLCs), the digital revolution, and the rise of the internet of things (IoT).
The market size of automation and controls is predicated to have robust growth in the forthcoming years. It is projected to reach a size of $221.75 billion in 2029, growing at a compound annual growth rate of 9.6%. Factors catalyzing growth during the forecasted period include the demand for smart manufacturing, escalating labor costs, scarcity of skills, the necessity for remote monitoring and management, urbanization, and infrastructure progression. The upcoming period is also likely to witness major trends such as the adoption of digital twins, advances in technology, augmented reality (AR) and virtual reality (VR), the proliferation of robotics and cobots, and the incorporation of AI and machine learning.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14048
What Are the Different Automation And Controls Market Segments?
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
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14048&type=smp
What Are the Primary Drivers Shaping the Automation And Controls Market?
The anticipated rise in industrial automation demand is predicted to drive the automation and control market’s growth. Industrial automation involves using robotics, machinery, and control systems to perform tasks typically done by human labor. It is favored as it boosts efficiency, productivity, security, and reliability, while also minimizing operational costs and human error. Automation and control systems come in handy for industrial automation as they enhance accuracy, productivity, ensure consistent quality, and safety in manufacturing operations. For example, in 2023 October, the International Federation of Robotics, a professional nonprofit organization based in Germany, stated that professional use service robots sales in 2022 touched 158,000 units, showing a 48% surge. Corporations are slowly gravitating towards automation to sort out staffing shortages. Thus, the rise in demand for industrial automation is fueling the growth of the automation and control market.
Which Companies Are Leading in 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?
Top firms in the automation and controls market, like US-based engineering firm Emerson Electric Co., are forging ahead with the creation of innovative products, such as the MTConnect driver, to solidify their market position. With an objective to seamlessly blend CNC machines into the advanced IIoT automation environment, this innovation encourages comprehensive data scrutiny. In fact, Emerson Electric Co. launched the MTConnect driver for its specific platform, Movicon. NExTTM 4.1.333, in March 2022. This strategic move amplifies the company’s industrial control products by allowing easy integration and growth potential. The driver allows effective gathering and usage of crucial manufacturing data, such as machine, tool, and robot data, which aids in making informed decisions at both the operational and enterprise level. While this read-only solution limits axis-specific parameter programming, it vastly expands Movicon.NExT’s ability to incorporate production data within manufacturing contexts.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/automation-and-controls-global-market-report
What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automation And Controls Market?
2. What is the CAGR expected in the Automation And Controls Market?
3. What Are the Key Innovations Transforming the Automation And Controls Industry?
4. Which Region Is Leading the Automation And Controls Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
