Discrete Automation Market Forecasts to 2028 - Global Analysis By Type (Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Programmable Logic Controllers (PLC), Distributed Control System (DCS) and Other Types), Application (Packaging, Automotive Textile, Aerospace & defense, Food processing and Other Applications) and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $4876.2 MN |
|
Projected Year Value (2028) |
US $7781 MN |
|
CAGR (2022 - 2028) |
8.09% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Discrete Automation Market is accounted for $4876 million in 2022 and is expected to reach $7781 million by 2028 growing at a CAGR of 8.09% during the forecast period. Discrete automation is essentially focused on the assembly of high-quality engineering components into much more effective and delicate end products. In discrete production settings, such as high-touch labour situations, materials are frequently transported physically. This technology aids in the administration of numerous production processes and operations, resulting in high-quality production management.
According to the European Automobile Manufacturers Association (ACEA), the European Union exported 5.4 million passenger cars. According to the World Bank, South Asia is a competitive leader in the automotive manufacturing sector.
Market Dynamics:
Driver:
Growing adoption of technologies
The rising adoption of technologies such as industrial 4.0, artificial intelligence (AI) based smart robots, Internet of Things (IoT) helps to reduce the manufacturing cost and offer enhanced quality and reliability to the product. This can be useful for drilling, milling, turning and lathe machines within the shop to review their performance and determine whether it is in need of maintenance. Enhance quality of the products, enhanced demand for the automation with new technologies with high reliability and manufacturing. These are the factors boosting the growth of the market.
Restraint:
High Cost
Changing the current technology and incorporating the new technology can be challenging at times and can involve huge costs if the necessary infrastructure is required. Automation with developed technologies with advance features developed. Increased installation of automation with increased equipments led to increase cost of the automation technology may hamper the market growth of the market. However, the high cost of maintenance is expected to hamper the growth of the discrete automation market.
Opportunity:
Augmented efficiency and energy savings
Discrete automation provides a control platform for enhancing productivity, improving ease-of-use, all of which are intended to increase economic growth. This automation is used in a variety of sectors, such as pharmaceutical drugs, chemical products, mining, and pulp management. The growing population, combined with urbanization, is putting a pressure on infrastructure, which is expected to provide attractive development possibilities for the discrete automation market over the forecast period.
Threat:
Lack of skill
Lack of skills regarding newly developed technologies in automation, improved technologies in machines and equipments and increased software system embedded requires thorough knowledge are the factors impeding the growth. Lack of protocols for communicating with the devices and the technologies and system integrated in to the devices no protocols and management with increased complications and utilization of own method may hinder the market growth during the forecast period.
Covid-19 Impact
The outbreak of the COVID-19 virus affected various industries, including manufacturing and production operations globally. Stringent restrictions imposed by central and local governments affected supply chain and labour management in the regions. This created a huge impact on the revenue generation and productivity of the key players. To manage the businesses during pandemic, various companies adopted technological solutions to improve their management operations and ease the business processes.
The distributed control system (DCS) segment is expected to be the largest during the forecast period
The distributed control system (DCS) segment is estimated to have a lucrative growth, due to increasing power generating speed while reducing human mistakes that occur throughout the operation. It is also used to assess report status and availability, as well as collect comprehensive execution data including process parameters, manpower, and resource consumption. Product Lifecycle Management in companies involves the systematic data management linked to manufacturing supports, design, and final disposal in product creation. Market growth from food processing sectors is expected to increase demand for the solutions.
The automotive segment is expected to have the highest CAGR during the forecast period
The automotive segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the increasing need for automotive light weighted cars, especially in developing nations, the automotive sector provides a plethora of prospects for the discrete automation market. Government initiatives for the quick development of the automotive industry are driving the growth. So, this major benefit will drive the expansion of the control valves segment in the discrete automation market.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to quick growth of the textile sector. The profusion of raw materials like silk, wool, cotton, and jute in, along with the strategic edge of cost-effectiveness in skilled labour and manufacturing costs, has enhanced the textile sector. The major factors driving textile output is government measures supporting the expansion of the textile sector and accompanying exports. Government initiatives promoting the growth of the textile industry and associated exports is boosting the region expansion.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to increasing technological advancements and developments. The region has several industrial advancements occurring in the automotive sector, such as increasing production and sales in accordance with technological advancements. Additionally, increasing export activities are expected to improve the expansion of the region growth.
Key players in the market
Some of the key players profiled in the Discrete Automation Market include ABB ltd, Cooper Industries, Siemens AG, Rockwell Automation Inc, Cisco, Schneider Electric Co, Eaton, GE Grid Solutions, Emerson, Mitsubishi Electric, Extreme Control Engineering, Honeywell, Omron Corporation, Yokogawa Electric Corporation, Invensys and Texas Instruments Incorporated.
Key Developments:
In July 2021, Rockwell Automation Inc. collaborated with a cloud-based product digitalization and traceability platform, Kezzler AS. The partnership aims to enable manufacturers to capture their products end-to-end journey from raw material sources to the point of sale or beyond by using cloud-based chain solutions.
In June 2021, ABB Ltd. partnered with dtac Trinet, Thailand-based wireless telecommunications service provider, to develop robotics and machine automation solutions with dtac connectivity across Thailand. The partnership aims to advance Thailand's manufacturing capabilities and accelerate industry 4.0 in the country.
Types Covered:
• Product Lifecycle Management (PLM)
• Manufacturing Execution System (MES)
• Programmable Logic Controllers (PLC)
• Distributed Control System (DCS)
• Other Types
Applications Covered:
• Packaging
• Automotive
• Textile
• Aerospace & defense
• Food processing
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Discrete Automation Market, By Type
5.1 Introduction
5.2 Product Lifecycle Management (PLM)
5.3 Manufacturing Execution System (MES)
5.4 Programmable Logic Controllers (PLC)
5.5 Distributed Control System (DCS)
5.6 Other Types
6 Global Discrete Automation Market, By Application
6.1 Introduction
6.2 Packaging
6.3 Automotive
6.4 Textile
6.5 Aerospace & defense
6.6 Food processing
6.7 Other Applications
7 Global Discrete Automation Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 ABB ltd
9.2 Cooper Industries
9.3 Siemens AG
9.4 Rockwell Automation Inc
9.5 Cisco
9.6 Schneider Electric Co
9.7 Eaton
9.8 GE Grid Solutions
9.9 Emerson
9.10 Mitsubishi Electric
9.11 Extreme Control Engineering
9.12 Honeywell
9.13 Omron Corporation
9.14 Yokogawa Electric Corporation
9.15 Invensys
9.16 Texas Instruments Incorporated
List of Tables
1 Global Discrete Automation Market Outlook, By Region (2020-2028) ($MN)
2 Global Discrete Automation Market Outlook, By Type (2020-2028) ($MN)
3 Global Discrete Automation Market Outlook, By Product Lifecycle Management (PLM) (2020-2028) ($MN)
4 Global Discrete Automation Market Outlook, By Manufacturing Execution System (MES) (2020-2028) ($MN)
5 Global Discrete Automation Market Outlook, By Programmable Logic Controllers (PLC) (2020-2028) ($MN)
6 Global Discrete Automation Market Outlook, By Distributed Control System (DCS) (2020-2028) ($MN)
7 Global Discrete Automation Market Outlook, By Other Types (2020-2028) ($MN)
8 Global Discrete Automation Market Outlook, By Application (2020-2028) ($MN)
9 Global Discrete Automation Market Outlook, By Packaging (2020-2028) ($MN)
10 Global Discrete Automation Market Outlook, By Automotive (2020-2028) ($MN)
11 Global Discrete Automation Market Outlook, By Textile (2020-2028) ($MN)
12 Global Discrete Automation Market Outlook, By Aerospace & defense (2020-2028) ($MN)
13 Global Discrete Automation Market Outlook, By Food processing (2020-2028) ($MN)
14 Global Discrete Automation Market Outlook, By Other Applications (2020-2028) ($MN)
15 North America Discrete Automation Market Outlook, By Country (2020-2028) ($MN)
16 North America Discrete Automation Market Outlook, By Type (2020-2028) ($MN)
17 North America Discrete Automation Market Outlook, By Product Lifecycle Management (PLM) (2020-2028) ($MN)
18 North America Discrete Automation Market Outlook, By Manufacturing Execution System (MES) (2020-2028) ($MN)
19 North America Discrete Automation Market Outlook, By Programmable Logic Controllers (PLC) (2020-2028) ($MN)
20 North America Discrete Automation Market Outlook, By Distributed Control System (DCS) (2020-2028) ($MN)
21 North America Discrete Automation Market Outlook, By Other Types (2020-2028) ($MN)
22 North America Discrete Automation Market Outlook, By Application (2020-2028) ($MN)
23 North America Discrete Automation Market Outlook, By Packaging (2020-2028) ($MN)
24 North America Discrete Automation Market Outlook, By Automotive (2020-2028) ($MN)
25 North America Discrete Automation Market Outlook, By Textile (2020-2028) ($MN)
26 North America Discrete Automation Market Outlook, By Aerospace & defense (2020-2028) ($MN)
27 North America Discrete Automation Market Outlook, By Food processing (2020-2028) ($MN)
28 North America Discrete Automation Market Outlook, By Other Applications (2020-2028) ($MN)
29 Europe Discrete Automation Market Outlook, By Country (2020-2028) ($MN)
30 Europe Discrete Automation Market Outlook, By Type (2020-2028) ($MN)
31 Europe Discrete Automation Market Outlook, By Product Lifecycle Management (PLM) (2020-2028) ($MN)
32 Europe Discrete Automation Market Outlook, By Manufacturing Execution System (MES) (2020-2028) ($MN)
33 Europe Discrete Automation Market Outlook, By Programmable Logic Controllers (PLC) (2020-2028) ($MN)
34 Europe Discrete Automation Market Outlook, By Distributed Control System (DCS) (2020-2028) ($MN)
35 Europe Discrete Automation Market Outlook, By Other Types (2020-2028) ($MN)
36 Europe Discrete Automation Market Outlook, By Application (2020-2028) ($MN)
37 Europe Discrete Automation Market Outlook, By Packaging (2020-2028) ($MN)
38 Europe Discrete Automation Market Outlook, By Automotive (2020-2028) ($MN)
39 Europe Discrete Automation Market Outlook, By Textile (2020-2028) ($MN)
40 Europe Discrete Automation Market Outlook, By Aerospace & defense (2020-2028) ($MN)
41 Europe Discrete Automation Market Outlook, By Food processing (2020-2028) ($MN)
42 Europe Discrete Automation Market Outlook, By Other Applications (2020-2028) ($MN)
43 Asia Pacific Discrete Automation Market Outlook, By Country (2020-2028) ($MN)
44 Asia Pacific Discrete Automation Market Outlook, By Type (2020-2028) ($MN)
45 Asia Pacific Discrete Automation Market Outlook, By Product Lifecycle Management (PLM) (2020-2028) ($MN)
46 Asia Pacific Discrete Automation Market Outlook, By Manufacturing Execution System (MES) (2020-2028) ($MN)
47 Asia Pacific Discrete Automation Market Outlook, By Programmable Logic Controllers (PLC) (2020-2028) ($MN)
48 Asia Pacific Discrete Automation Market Outlook, By Distributed Control System (DCS) (2020-2028) ($MN)
49 Asia Pacific Discrete Automation Market Outlook, By Other Types (2020-2028) ($MN)
50 Asia Pacific Discrete Automation Market Outlook, By Application (2020-2028) ($MN)
51 Asia Pacific Discrete Automation Market Outlook, By Packaging (2020-2028) ($MN)
52 Asia Pacific Discrete Automation Market Outlook, By Automotive (2020-2028) ($MN)
53 Asia Pacific Discrete Automation Market Outlook, By Textile (2020-2028) ($MN)
54 Asia Pacific Discrete Automation Market Outlook, By Aerospace & defense (2020-2028) ($MN)
55 Asia Pacific Discrete Automation Market Outlook, By Food processing (2020-2028) ($MN)
56 Asia Pacific Discrete Automation Market Outlook, By Other Applications (2020-2028) ($MN)
57 South America Discrete Automation Market Outlook, By Country (2020-2028) ($MN)
58 South America Discrete Automation Market Outlook, By Type (2020-2028) ($MN)
59 South America Discrete Automation Market Outlook, By Product Lifecycle Management (PLM) (2020-2028) ($MN)
60 South America Discrete Automation Market Outlook, By Manufacturing Execution System (MES) (2020-2028) ($MN)
61 South America Discrete Automation Market Outlook, By Programmable Logic Controllers (PLC) (2020-2028) ($MN)
62 South America Discrete Automation Market Outlook, By Distributed Control System (DCS) (2020-2028) ($MN)
63 South America Discrete Automation Market Outlook, By Other Types (2020-2028) ($MN)
64 South America Discrete Automation Market Outlook, By Application (2020-2028) ($MN)
65 South America Discrete Automation Market Outlook, By Packaging (2020-2028) ($MN)
66 South America Discrete Automation Market Outlook, By Automotive (2020-2028) ($MN)
67 South America Discrete Automation Market Outlook, By Textile (2020-2028) ($MN)
68 South America Discrete Automation Market Outlook, By Aerospace & defense (2020-2028) ($MN)
69 South America Discrete Automation Market Outlook, By Food processing (2020-2028) ($MN)
70 South America Discrete Automation Market Outlook, By Other Applications (2020-2028) ($MN)
71 Middle East & Africa Discrete Automation Market Outlook, By Country (2020-2028) ($MN)
72 Middle East & Africa Discrete Automation Market Outlook, By Type (2020-2028) ($MN)
73 Middle East & Africa Discrete Automation Market Outlook, By Product Lifecycle Management (PLM) (2020-2028) ($MN)
74 Middle East & Africa Discrete Automation Market Outlook, By Manufacturing Execution System (MES) (2020-2028) ($MN)
75 Middle East & Africa Discrete Automation Market Outlook, By Programmable Logic Controllers (PLC) (2020-2028) ($MN)
76 Middle East & Africa Discrete Automation Market Outlook, By Distributed Control System (DCS) (2020-2028) ($MN)
77 Middle East & Africa Discrete Automation Market Outlook, By Other Types (2020-2028) ($MN)
78 Middle East & Africa Discrete Automation Market Outlook, By Application (2020-2028) ($MN)
79 Middle East & Africa Discrete Automation Market Outlook, By Packaging (2020-2028) ($MN)
80 Middle East & Africa Discrete Automation Market Outlook, By Automotive (2020-2028) ($MN)
81 Middle East & Africa Discrete Automation Market Outlook, By Textile (2020-2028) ($MN)
82 Middle East & Africa Discrete Automation Market Outlook, By Aerospace & defense (2020-2028) ($MN)
83 Middle East & Africa Discrete Automation Market Outlook, By Food processing (2020-2028) ($MN)
84 Middle East & Africa Discrete Automation Market Outlook, By Other Applications (2020-2028) ($MN)
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