Global Industrial Automation Market - Size, Share, Demand, Industry Trends and Opportunities

Global Industrial Automation Market, By Components (Sensors, Industrial Robots, Industrial PC, Machine Vision, Industrial 3D Printing, Human-Machine Interface (HMI), Field Instruments, Control Valves, and Others), Mode of Automation (Semi-Automation and Fully-Automation), Systems (PID, Model Based Control, and Others), Solution (Programmable Logic Controller (PLC), Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Enterprise Level Controls, Programmable Automation Control (PAC), Plant Asset Management (PAM), Digitalization, Functional Safety, Emission Control), Type (Programmable Automation, Fixed or Hard Automation, Integrated Automation, and Flexible or Soft Automation), End User (Process Industries and Discrete Industries) - Industry Trends.

Data Bridge Market Research analyses that the global industrial automation market is expected to reach a value of USD 339.44 billion by 2031 from 181.85 billion in 2023, growing at a CAGR of 8.3% during the forecast period of 2024 to 2031.

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**Segments**

- **Type**: The industrial automation market is segmented by type into Distributed Control System (DCS), Programmable Logic Controller (PLC), Supervisory Control and Data Acquisition (SCADA), Human-Machine Interface (HMI), Product Lifecycle Management (PLM), and others. PLCs are anticipated to witness significant growth due to their ability to control industrial automation processes efficiently.

- **End-User Industry**: Based on end-user industry, the market is categorized into Automotive, Chemicals, Oil & Gas, Pharmaceutical, Food & Beverages, and others. The automotive industry segment is expected to dominate the market owing to the increasing demand for automation in manufacturing processes to enhance productivity and efficiency.

- **Technology**: The market is further segmented on the basis of technology into Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Programmable Automation Controller (PAC), and others. SCADA technology is projected to witness substantial growth due to its real-time monitoring and control capabilities in various industries.

**Market Players**

- **Siemens AG**: Siemens is a key player in the global industrial automation market, offering a wide range of automation solutions and services to enhance productivity and efficiency in industrial processes.

- **ABB**: ABB is a prominent player known for its innovative automation technologies in sectors like robotics, power, and automation. The company's strong market presence and focus on research and development contribute to its significant market share.

- **Rockwell Automation, Inc.**: Rockwell Automation specializes in providing industrial automation and information solutions to various industries worldwide. Its advanced technologies and strategic partnerships make it a vital player in the market.

- **Schneider Electric**: Schneider Electric is a leading provider of digital automation solutions that help businesses improve sustainability, efficiency, and reliability. The company's diverse product portfolio and global presence solidify its position in the industrial automation market.

- **Mitsubishi Electric Corporation**:Siemens AG, ABB, Rockwell Automation, Inc., Schneider Electric, and Mitsubishi Electric Corporation are prominent players in the global industrial automation market. These companies offer a wide range of automation solutions catering to various industries and have established a strong foothold in the market through their innovative technologies and strategic initiatives. Siemens AG, for instance, is known for its distributed control systems, programmable logic controllers, and other automation solutions that enhance industrial processes' efficiency and productivity. The company's focus on research and development has allowed it to stay ahead in the competitive market landscape.

ABB, on the other hand, excels in providing automation technologies in areas like robotics, power, and automation, catering to industries worldwide. ABB's emphasis on innovation and continuous improvement has enabled it to meet the evolving needs of customers and maintain a significant market share. Rockwell Automation, Inc., specializes in offering industrial automation and information solutions, leveraging advanced technologies to drive operational excellence for its clients. The company's strategic partnerships and commitment to technological advancements have positioned it as a key player in the market.

Schneider Electric is a leading provider of digital automation solutions known for helping businesses enhance sustainability, efficiency, and reliability in their operations. The company's diverse product portfolio, coupled with its global presence, has solidified its position in the industrial automation market. Schneider Electric's focus on providing comprehensive automation solutions tailored to specific industry requirements has resonated well with customers, driving its growth and market influence.

Mitsubishi Electric Corporation is also a significant player in the industrial automation market, offering a range of automation products and services to improve operational efficiency and productivity for businesses across various sectors. The company's commitment to technological innovation and customer-centric solutions has enabled it to carve a niche for itself in the competitive market landscape. Mitsubishi Electric Corporation's portfolio of automation solutions caters to a broad spectrum of industries, reflecting its adaptability and versatility in meeting diverse customer needs.

Overall, these market players play a crucial role in shaping the industrial automation sector, driving**Global Industrial Automation Market Analysis**

The industrial automation market is witnessing significant growth and is expected to continue expanding due to the increasing demand for enhanced productivity, operational efficiency, and cost-effectiveness across various industries. The market segmentation by type highlights the dominance of PLCs in controlling industrial automation processes efficiently, driving growth in this segment. Additionally, the market's categorization based on end-user industries underscores the automotive sector's dominance, where automation technologies are increasingly adopted to improve manufacturing processes.

Moreover, the technology segmentation in the industrial automation market showcases the substantial growth potential of SCADA technology, noted for its real-time monitoring and control capabilities in diverse industries. The key market players like Siemens AG, ABB, Rockwell Automation, Inc., Schneider Electric, and Mitsubishi Electric Corporation play a pivotal role in advancing automation solutions globally. These companies, with their innovative technologies and strategic initiatives, have solidified their market positions, meeting the evolving needs of customers effectively.

Furthermore, the analysis of market players reveals Siemens AG's focus on distributed control systems and programmable logic controllers for enhancing industrial processes' efficiency and productivity. ABB's expertise in robotics, power, and automation technologies positions it as a global leader in meeting industry requirements and maintaining significant market share. Rockwell Automation, Inc.'s specialization in industrial automation and information solutions, driven by advanced technologies and strategic partnerships, strengthens its foothold in the market.


The Industrial Automation Market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance.

Major Points Covered in TOC:

Industrial Automation Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, Industrial Automation Market portions by application, study goals, and years considered.

Industrial Automation Market Landscape: Here, the opposition in the Worldwide Industrial Automation Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.

Industrial Automation Profiles of Manufacturers: Here, driving players of the worldwide Industrial Automation Market are considered dependent on deals region, key items, net edge, income, cost, and creation.

Industrial Automation Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide Industrial Automation Market is profoundly examined based on areas

Industrial Automation Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide Industrial Automation Market.

Industrial Automation Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.

Keyword: Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.

What to Expect from the Report, a 7-Pointer Guide

The Industrial Automation Market report dives into the holistic Strategy and Innovation for this market ecosystem
The Industrial Automation Market report keenly isolates and upholds notable prominent market drivers and barriers
The Industrial Automation Market report sets clarity in identifying technological standardization as well as the regulatory
framework, besides significantly assessing various implementation models besides evaluation of numerous use cases
The Industrial Automation Market report is also a rich repository of crucial information across the industry, highlighting details on novel investments as well as stakeholders and relevant contributors and market participants.
A through market analytical survey and forecast references through the forecast tenure, encapsulating details on historical developments, concurrent events as well as future growth probability
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