Industrial Automation Market Analysis, Revenue Share, Company Profiles, Launches, & Forecast

The global industrial automation market size reached USD 210.50 Billion in 2022 and is expected to register a revenue CAGR of 8.6% during the forecast period, according to the latest analysis by Emergen Research. Rapid adoption of Industry 4.0 technologies across the globe and increasing investments to modernize manufacturing activities are key factors driving revenue growth of the market. Industrial Internet of Things (IIoT) and cyber-physical systems, which are intelligent, autonomous systems that employ computer-based algorithms to monitor and operate physical objects such as machinery, robots, and vehicles, are the foundation of Industry 4.0. The adoption of Industry 4.0 technology within the supply chain leads to smart factories, manufacturing facilities, smart storage, and logistics. However, Industry 4.0 goes beyond the supply chain. Enterprise Resource Planning (ERP) and other back-end systems are interconnected to provide businesses with a level of visibility and control never before possible. Industry 4.0 is ultimately a key component of any company's digital transition.

The Global Industrial Automation Market report is dubbed as the first study encompassing the current situation of the Industrial Automation market that is gravely impacted by the COVID-19 outbreak. The global health emergency has drastically affected the global economy, causing significant repercussions on this particular business sphere. The deadly viral outbreak and the subsequent global lockdown enforcement have beleaguered the Industrial Automation business landscape. Moreover, it has impeded the developmental scope of various manufacturers and buyers involved in this sector. Thus, the report offers insightful speculations about the post-COVID-19 scenario of the Industrial Automation industry.

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 Key companies profiled in the report include:

Schneider Electric, Siemens AG, General Electric Company, Emerson Electric Co, Rockwell Automation Inc., Yocogawa Electric Corporation, Omron Corporation, Fanuc Corporation, Dwyer Instruments, Ltd, Mitsubishi Electric Corporation, Honeywell International Inc., and ABB Ltd

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Industrial Automation market?

What are the key product types and applications of the Industrial Automation industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Industrial Automation market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Industrial Automation Market by 2027?

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 Market Segmentation

Component Outlook (Revenue, USD Billion; 2019-2032)

• Hardware

1. Industrial Sensors
2. Machine Vision Systems
3. Industrial Robots
4. Human Machine Interface
5. Others

• Software

1. Supervisory Control & Data Acquisition
2. Programmable Logic Controller
3. Distributed Control System
4. Plant Asset Management
5. Others

• Services

Industry Vertical Outlook (Revenue, USD Billion; 2019-2032)

• Oil & Gas
• Manufacturing
• Automotive
• Healthcare
• Energy & Power
• Others

Regional Outlook (Revenue, USD Billion; 2019–2032)

• North America

1. U.S.
2. Canada
3. Mexico

• Europe

1. Germany
2. France
3. U.K.
4. Italy
5. Spain
6. Benelux
7. Rest of Europe

• Asia Pacific

1. China
2. India
3. Japan
4. South Korea
5. Rest of APAC

• Latin America

1. Brazil
2. Rest of LATAM

• Middle East & Africa

1. Saudi Arabia
2. U.A.E.
3. South Africa
4. Turkey
5. Rest of MEA

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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