Industrial Automation Market was valued at USD 144.41 Billion in 2022, and it is expected to reach USD 255.63 Billion by 2029, exhibiting a CAGR of 8.5% during the forecast period (2023-2029)
Industrial Automation Market Overview
Maximise Market Research's extensive Industrial Automation Market study offers a thorough regional overview and competition landscape. For companies and investors looking to take advantage of the market's possible opportunities, the study provides insightful information.
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Industrial Automation Market Scope and Methodology
The global Industrial Automation market is thoroughly examined in this research, which includes trends, projections, and monetary estimates. It provides specific market sizing information by breaking down segments and sub-segments in both global and regional Industrial Automation marketplaces using a bottom-up methodology. With regard to services, revenue, financial standing, growth strategies, and regional presence, the study provides in-depth insights on major industry participants as well as emerging competitors. In addition, it forecasts the market's size and growth rate and highlights recent and emerging trends in the Industrial Automation market.
In addition, the research explores the Industrial Automation market's micro and macro variables, market trends, and demand forecasts in great detail. It pinpoints the forces and limitations influencing market expansion. The report combines both qualitative and quantitative research methodologies to gain a comprehensive understanding of market dynamics. It does this by utilising tools like Porter's Five Forces, SWOT, and PESTLE analyses. It also offers insights about significant forthcoming events that will influence Industrial Automation demand in the near future.
Industrial Automation Market Regional Insights
**Industrial Automation Regional Market Insights:** The regional geography of the Industrial Automation market is shaped by consumer demand for innovative products and technical advancement, with North America leading the way, and environmental laws driving stable growth in Europe. The rapidly increasing urbanisation and energy demands in the Asia-Pacific area, the concentration on renewable energy in Latin America, and the embracing of Industrial Automation market growth amid energy diversification initiatives and sustainability tendencies in the Middle East and Africa all point to significant potential in these regions.
Industrial Automation Market Segmentation
by Solutions
1. Supervisory Control And Data Acquisition (SCADA)
2. Programmable Logic Controller (PLC)
3. Distributed Control System (DCS)
4. Manufacturing Execution System (MES)
5. Industrial Safety
6. Plant Asset Management (PAM)
by Industry
1. Oil & Gas
2. Chemicals
3. Pharmaceuticals & Medical Devices
4. Food & Beverages
5. Energy & Power
6. Automotive
7. Machine Manufacturing
8. Water & Wastewater Treatment
9. Electronics & Semiconductors
10. Metals & Mining
11. Others
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Industrial Automation Market Key Players
1. FANUC (Japan)
2. Yaskawa Electric Corporation (Japan)
3. Toshiba Corporation (Japan)
4. Yokogawa Electric Corporation (Japan)
5. Fuji Electric Co., Ltd. (Japan)
6. Hitachi, Ltd. (Japan)
7. Omron Corporation (Japan)
8. Mitsubishi Electric Corporation (Japan)
9. Keyence Corporation (Japan)
10. Accurate Industrial Controls Pvt. Ltd. (India)
11. Honeywell International Inc (US)
12. Emerson Electric Co. (US)
13. General Electric Company (US)
14. Rockwell Automation, Inc (US)
15. Danaher Corporation (US)
16. NATIONAL INSTRUMENTS CORP (US)
17. Roper Technologies, Inc (US)
18. Voith GmbH (Germany)
19. Siemens AG (Germany)
20. Kuka AG (Germany)
21. Bosch Rexroth Corporation (Germany)
22. Phoenix Contact (Germany)
23. MARCO Limited (UK)
24. Schneider Electric SE (France)
25. Endress+Hauser (Switzerland)
26. ABB Ltd. (Switzerland)
27. Danfoss A/S (Denmark)
28. Tegan Innovations (Ireland)
Key questions answered in the Industrial Automation Market are:
- What is Industrial Automation?
- What was the Industrial Automation market size in 2022?
- What are the different segments of the Industrial Automation Market?
- What growth strategies are the players considering to increase their presence in Industrial Automation?
- What are the upcoming industry applications and trends for the Industrial Automation Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Industrial Automation Market?
- What major challenges could the Industrial Automation Market face in the future?
- What segments are covered in the Industrial Automation Market?
- Who are the leading companies and what are their portfolios in Industrial Automation Market?
- What segments are covered in the Industrial Automation Market?
- Who are the key players in the Industrial Automation market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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