Industrial Automation Market to Discern Steadfast Expansion During 2021 – 2032

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 report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Industrial Automation market.

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Competitive Outlook: The leading companies operating in the Industrial Automation market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Industrial Automation Market and Profiled in the Report are:

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

Objectives of the Report:

Industrial structure analysis of the Industrial Automation market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Industrial Automation market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Industrial Automation market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

Study of the global Industrial Automation market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

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Segments Covered in this report are:

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

Hardware

Industrial Sensors

Machine Vision Systems

Industrial Robots

Human Machine Interface

Others

Software

Supervisory Control & Data Acquisition

Programmable Logic Controller

Distributed Control System

Plant Asset Management

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

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Benelux

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Turkey

Rest of MEA

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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