Vision Research Report, Recently Announced New Report on “industrial automation and control systems market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Outlook, And Segment Forecasts, 2021 – 2030″.
Global “Industrial automation and control systems market” Report 2021 covering manufacturers, regions, segments, forecast to 2030 is that the recent research report with correct information and extremely authentic info. The report provides insights on market share, market size, rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The Industrial automation and control systems research report focuses on the competitive surroundings that has section on company profile covering product specifications, geographical coverage, recent developments, revenue analysis, and market shares. what is more, the report offers strategic recommendations so as to help the consumers to align business goals.
The Industrial automation and control systems market revenue share is set to grow at a yearly rate of 17.9% during 2021-2030, while its valuation is Projected to jump from $ 246.79 Bn in 2020 to $308.93 Bn in 2030.
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Report Highlights
The control valves segment dominated the market in 2020, accounting for over 34% of the total revenue share, and is expected to maintain its dominance over the forecast period. Control valve automation has witnessed significant advancements over the past few years. While the overall structure of the component remains largely unchanged, solution providers are focused on automating and achieving precise positioning of these instruments. Over the past decade, developments such as the introduction of smart and digital valve positioners with internal capabilities for diagnostics and alarm status, among others, have outpaced the performance of conventional mechanical systems. Such innovations have resulted in increased traction among customers, consequently supporting the segment demand.
The industrial robots segment is expected to exhibit the highest CAGR of over 11% from 2021 to 2030. The growth can be attributed to a substantial increase in the adoption of robots for carrying out automation processes. Robotic industrial automation is transforming the face of production processes, with manufacturers across the globe progressively implementing robots to enhance the efficiency and safety of their operations.
The manufacturing vertical is expected to dominate the industrial automation and control systems market over the forecast period and account for over 17% of the revenue share by 2030. The convergence of technology and automation in manufacturing operations is rapidly progressing with manufacturers realizing the value of successful digital transformation. The adoption of automation solutions also facilitates the integration of electric assets and production process information to help enhance sustainability across the entire manufacturing plant lifecycle. Even before the COVID-19 pandemic, manufacturers encountered several challenges, such as rapid demand fluctuations, market uncertainty, and disruptions in the supply chain. Such challenges have instigated the need for more agility, efficiency, and sustainability, thereby resulting in increased demand for these solutions.
The healthcare segment is poised to record the highest CAGR of nearly 10% from 2021 to 2030. Automation helps healthcare workers and hospitals to track patient records and share them across multiple systems, along with analyzing key checkpoints to reach a better conclusion.
The DCS segment dominated the market and captured over 34% of the total revenue share in 2020. The segment is expected to continue dominating the market over the forecast period. DCS helps to centralize operations and provides flexibility by enabling central control, reporting, and monitoring of individual components. Benefits such as scalability, easy and convenient installation, and automatic updates are leading to the increased demand for DCS. Moreover, the growing industrialization across the globe, especially in developing nations of Asia Pacific and the Middle East, has also led to the accelerated demand for DCS.
SCADA is expected to exhibit the highest CAGR of 10% from 2021 to 2030. The growth can be attributed to the increasing acceptance of SCADA control systems across numerous end-use industries, including oil and gas, manufacturing, utilities, and wastewater. Furthermore, key industry players such as Schneider Electric and ABB are focusing on making regular advancements in the control system and expanding their portfolio to meet the rising expectations of customers.
Asia Pacific dominated the market in 2020 with a revenue share of over 30%. The adoption of these systems is continually increasing in countries such as India, Japan, China, and South Korea. A recent study by Grand View Research suggested that Asia Pacific alone possesses approximately 1.5 million robots installed in its industrial facilities, out of which over 30% are located within China. Besides, an enormous untapped market exists in developing economies such as Indonesia, Vietnam, and Thailand, attracting new investments to set up production facilities.
Global Industrial automation and control systems market report provides key statistics on the state of the trade and could be a valuable supply of steerage and direction for corporations and people curious about the market. The Industrial automation and control systems trade trends and promoting channels analysed. Industrial automation and control systems Market discovers numerous topics like regional market scope, product market numerous applications, market size consistent with specific product, sales and revenue by region, producing analysis, Industrial Chain, Market result Factors Analysis, market size forecast, and more. Finally, the practicableness of latest investment comes is evaluated and overall analysis conclusions offered.
Key Players
Market Segmentation
Global Industrial automation and control systems Market: Drivers and Restrains
The analysis report has incorporated the analysis of various factors that augment the market’s growth. It constitutes trends, restraints, and drivers that remodel the market in either a positive or negative manner. This section additionally provides the scope of various segments and applications that may probably influence the market within the future. The elaborated info is predicated on current trends and historic milestones. This section additionally provides an analysis of the amount of production regarding the world market and regarding every kind from 2021-2030.
COVID-19 impact on the Industrial automation and control systems market
COVID-19 is associate communicable disease caused by the novel coronavirus. for the most part unknown before this happening across the world, COVID-19 has captive from a regional crisis to a worldwide pandemic in precisely a matter of a number of weeks. the world Health Organization (WHO) declared COVID-19 as an epidemic on March 11, 2021.
COVID-19 has compact most the industries across the world by disrupting provide chains and impeding numerous industrial operations. COVID-19-responsive measures undertaken by governments, like lockdown and social distancing, led to the closure of producing plants in the initial stage of the pandemic. With only a few industrial operations allowed, the demand for numerous input product within the industrial sector has declined considerably.
Key Highlights Involved in the Market Research Report: –
Industrial automation and control systems Market Study Coverage: It includes key market segments, key makers covered, the scope of product offered within the years thought of, world Industrial automation and control systems Market and study objectives. in addition, it touches the segmentation study provided within the report on the idea of the sort of product and applications.
Industrial automation and control systems Market executive Summary: This section emphasizes the key studies, market rate, competitive landscape, market drivers, trends, and problems additionally to the gross indicators.
Industrial automation and control systems Market Production by Region: The report delivers knowledge associated with import and export, revenue, production, and key players of all regional markets studied area unit coated during this section.
Industrial automation and control systems Market Profile of Manufacturers: Analysis of every market player profiled is elaborated during this section. This section conjointly provides SWOT analysis, products, production, value, capacity, and different very important factors of the individual player.
The report delivers a comprehensive study of all the segments and shares info concerning the leading regions within the market. This report additionally states import/export consumption, offer and demand Figures, cost, business share, policy, price, revenue, and gross margins.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Industrial Automation And Control Systems Market, By Component
7.1. Industrial Automation And Control Systems Market, by Component, 2021-2030
7.1.1. HMI
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Industrial Robots
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Control Valves
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Sensors
7.1.4.1. Market Revenue and Forecast (2016-2030)
7.1.5. Others
7.1.5.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Industrial Automation And Control Systems Market, By Control System
8.1. Industrial Automation And Control Systems Market, by Control System, 2021-2030
8.1.1. DCS
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. PLC
8.1.2.1. Market Revenue and Forecast (2016-2030)
8.1.3. SCADA
8.1.3.1. Market Revenue and Forecast (2016-2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Industrial Automation And Control Systems Market, By Vertical
9.1. Industrial Automation And Control Systems Market, by Vertical, 2021-2030
9.1.1. Aerospace & Defense
9.1.1.1. Market Revenue and Forecast (2016-2030)
9.1.2. Automotive
9.1.2.1. Market Revenue and Forecast (2016-2030)
9.1.3. Chemical
9.1.3.1. Market Revenue and Forecast (2016-2030)
9.1.4. Energy & Utilities
9.1.4.1. Market Revenue and Forecast (2016-2030)
9.1.5. Food & Beverage
9.1.5.1. Market Revenue and Forecast (2016-2030)
9.1.6. Healthcare
9.1.6.1. Market Revenue and Forecast (2016-2030)
9.1.7. Manufacturing
9.1.7.1. Market Revenue and Forecast (2016-2030)
9.1.8. Mining & Metal
9.1.8.1. Market Revenue and Forecast (2016-2030)
9.1.9. Oil & Gas
9.1.9.1. Market Revenue and Forecast (2016-2030)
9.1.10. Transportation
9.1.10.1. Market Revenue and Forecast (2016-2030)
9.1.11. Others
9.1.11.1. Market Revenue and Forecast (2016-2030)
Chapter 10. Global Industrial Automation And Control Systems Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Component (2016-2030)
10.1.2. Market Revenue and Forecast, by Control System (2016-2030)
10.1.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Component (2016-2030)
10.1.4.2. Market Revenue and Forecast, by Control System (2016-2030)
10.1.4.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Component (2016-2030)
10.1.5.2. Market Revenue and Forecast, by Control System (2016-2030)
10.1.5.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Component (2016-2030)
10.2.2. Market Revenue and Forecast, by Control System (2016-2030)
10.2.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Component (2016-2030)
10.2.4.2. Market Revenue and Forecast, by Control System (2016-2030)
10.2.4.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Component (2016-2030)
10.2.5.2. Market Revenue and Forecast, by Control System (2016-2030)
10.2.5.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Component (2016-2030)
10.2.6.2. Market Revenue and Forecast, by Control System (2016-2030)
10.2.6.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Component (2016-2030)
10.2.7.2. Market Revenue and Forecast, by Control System (2016-2030)
10.2.7.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Component (2016-2030)
10.3.2. Market Revenue and Forecast, by Control System (2016-2030)
10.3.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Component (2016-2030)
10.3.4.2. Market Revenue and Forecast, by Control System (2016-2030)
10.3.4.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Component (2016-2030)
10.3.5.2. Market Revenue and Forecast, by Control System (2016-2030)
10.3.5.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Component (2016-2030)
10.3.6.2. Market Revenue and Forecast, by Control System (2016-2030)
10.3.6.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Component (2016-2030)
10.3.7.2. Market Revenue and Forecast, by Control System (2016-2030)
10.3.7.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Component (2016-2030)
10.4.2. Market Revenue and Forecast, by Control System (2016-2030)
10.4.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Component (2016-2030)
10.4.4.2. Market Revenue and Forecast, by Control System (2016-2030)
10.4.4.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Component (2016-2030)
10.4.5.2. Market Revenue and Forecast, by Control System (2016-2030)
10.4.5.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Component (2016-2030)
10.4.6.2. Market Revenue and Forecast, by Control System (2016-2030)
10.4.6.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Component (2016-2030)
10.4.7.2. Market Revenue and Forecast, by Control System (2016-2030)
10.4.7.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Component (2016-2030)
10.5.2. Market Revenue and Forecast, by Control System (2016-2030)
10.5.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Component (2016-2030)
10.5.4.2. Market Revenue and Forecast, by Control System (2016-2030)
10.5.4.3. Market Revenue and Forecast, by Vertical (2016-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Component (2016-2030)
10.5.5.2. Market Revenue and Forecast, by Control System (2016-2030)
10.5.5.3. Market Revenue and Forecast, by Vertical (2016-2030)
Chapter 11. Company Profiles
11.1. ABB
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Emerson Electric Co.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Rockwell Automation, Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Schneider Electric
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Siemens AG
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Honeywell International, Inc.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
Glossary of Terms
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