The Factory Automation and Industrial Control System Market refers to the industry involved in the development, implementation, and maintenance of automated systems and technologies used in manufacturing and industrial processes. This market encompasses a wide range of hardware, software, and services designed to improve the efficiency, reliability, and safety of industrial operations. Key components of this market include programmable logic controllers (PLCs), distributed control systems (DCS), supervisory control and data acquisition (SCADA) systems, human-machine interfaces (HMIs), sensors, actuators, and industrial robots. These technologies enable the automation of various manufacturing processes, such as assembly lines, material handling, and quality control, leading to increased productivity, reduced operational costs, and enhanced product quality. The market also includes the integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) to further optimize industrial processes and enable smart manufacturing solutions.
Major Key Players Mentioned in this Premium Report
- Siemens(Germany)
- ABB(Switzerland)
- Schneider Electric (France)
- Rockwell Automation (USA)
- Honeywell International (USA)
- Emerson Electric Co. (USA)
- Mitsubishi Electric (Japan)
- Fanuc (Japan)
- Yokogawa Electric Corporation (Japan)
- Omron Corporation (Japan)
- Bosch Rexroth AG (Germany)
- KUKA Robotics (Germany)
- Yaskawa Electric Corporation (Japan)
- Eaton Corporation (Ireland)
- Schneider Electric Industrial Automation (France)
- Beckhoff Automation GmbH (Germany)
- Mitsubishi Heavy Industries, Ltd. (Japan)
- Phoenix Contact Electronics GmbH (Germany)
- National Instruments (USA)
- Cognex Corporation (USA)
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Growth
The global industrial control & factory automation is due to the expansion of automation in process and discrete industries across emerging nations. Additionally, the rising government investment in developing industrial infrastructure has led to the frequent adoption of robotic and automation technologies. For instance, Minister for heavy industries Mahendra Nath Pandey announced that India would adopt digital manufacturing processes and promote automation and innovation, which involves the implementation of data analytics, advanced robotics, ad IoT; such factors support the market growth.
The growing adoption of automation in the automotive sector is anticipated to drive market growth over the forecast period. It is observed that many manufacturers and production facilities are focusing on factory automation with the emerging trend of self-automation vehicles. Furthermore, this advanced technology offers high accuracy and efficiency, increasing its demand across the verticals. Moreover, replacing conventional vehicles with electric ones is driving the market growth.
Learn more about key segments shaping this market
· SCADA
· PAM
· PLC
· DCS
· MES
By Component
· Industrial Sensors
· Industrial Robots
· Industrial 3d Printers
· Machine Vision Systems
By End-User
· Automotive
· Chemical & Petrochemical
· Pharmaceutical
· Food & Beverage
· Oil & Gas
Geographic Coverage
· North America (U.S., Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
Asia Pacific is the largest region for industrial control & factory automation and is expected to witness faster growth over the forecast period owing to many industrial verticals emphasizing increasing process effectiveness and lowering their manufacturing costs across China, India, South Korea, and Japan. Furthermore, advancements in robotic technology and the need to produce products in a single batch and connected supply chain to meet the requirement of a growing population.
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Factory Automation And Industrial Control System Market Report Scope
Report Attribute | Details |
Base year | 2022 |
Historical data | 2017 – 2022 |
Forecast | 2022 – 2030 |
CAGR | 9.5 |
Quantitative Units | Value (USD Million) |
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