Factory Automation And Industrial Controls Market
Factory Automation and Industrial Controls Market Forecasts to 2030 - Global Analysis By Product (Industrial Control Systems, Field Devices and Other Products), Component, Application, End User and By Geography
According to Stratistics MRC, the Global Factory Automation and Industrial Controls Market is accounted for $183.7 billion in 2024 and is expected to reach $329.0 billion by 2030 growing at a CAGR of 10.2% during the forecast period. Factory automation and industrial controls encompass technologies like PLCs, robotics, SCADA systems, and MES software, streamlining manufacturing processes. These systems integrate hardware (PLCs, sensors, robots) with software (SCADA, MES) to enhance productivity, quality, and safety. They automate tasks ranging from assembly line operations to process control, optimizing efficiency across industries such as automotive, electronics, and pharmaceuticals. Services include consulting, maintenance, and training to support seamless integration and operation.
According to the deal, the American robotics developer has been valued at USD 1.1 billion, and Hyundai has 80% shares while SoftBank still owns 20%.
Market Dynamics:
Driver:
Growing emphasis on energy efficiency and cost reduction
Manufacturers across industries are increasingly adopting automation and control systems to optimize energy usage, reduce operational costs, and enhance overall productivity. One major effect is the demand for advanced automation technologies that integrate energy-efficient components such as variable frequency drives (VFDs), servo motors, and efficient power supplies. These technologies help minimize energy wastage during production processes, leading to lower utility bills and reduced environmental impact. This proactive approach helps in optimizing equipment performance and minimizing downtime, thereby improving operational efficiency and reducing overall production costs.
Restraint:
Complexity of integration
Integrating diverse automation systems, such as programmable logic controllers (PLCs), human-machine interfaces (HMIs), sensors, actuators, and networking components, requires specialized expertise and careful planning. This complexity often leads to higher deployment costs, as companies may need to invest in skilled labor, training, and customized solutions to ensure seamless integration across their production processes. Moreover, compatibility issues between different automation components from various vendors can arise, complicating integration efforts further.
Opportunity:
Growing trend towards automation
Automation technologies, including robotics, artificial intelligence (AI), machine learning, and Internet of Things (IoT) devices, are revolutionizing manufacturing processes across industries. One significant effect is the increased demand for advanced automation solutions that enhance efficiency, productivity, and quality while reducing operational costs. Automated systems streamline production workflows, minimize human error, and enable continuous operation, leading to improved overall performance and competitiveness for manufacturers.
Threat:
Skilled workforce shortage
Automation technologies such as robotics, PLCs, HMIs, and advanced control systems require specialized knowledge and skills for installation, programming, troubleshooting, and maintenance. The shortage of skilled workers capable of handling these tasks can lead to delays in deployment, increased downtime, and higher operational costs as companies may need to rely on external expertise or invest in additional training. Furthermore, the skilled workforce shortage exacerbates competition for talent among companies, potentially driving up labor costs and increasing turnover rates within the industry. This instability can further impact productivity and operational efficiency.
Covid-19 Impact
The COVID-19 pandemic had a negative impact on the growth of the industrial control & factory automation market. Many manufacturing facilities were shut down due to the global lockdown, resulting in supply chain disruption. The declining expenditure on industrial automation and activity severely impacted the market. The replacement of traditional techniques with smart automation and advanced technology requires a high cost for installation, which is anticipated to restrict market growth. In addition, the advanced technology has high manufacturing and maintenance costs, eventually increasing the price of automation and restraining market growth
The industrial control systems segment is expected to be the largest during the forecast period
The industrial control systems is expected to be the largest during the forecast period as these systems encompass a range of technologies including programmable logic controllers (PLCs), distributed control systems (DCS), supervisory control and data acquisition (SCADA) systems, and industrial robots. By automating repetitive tasks, monitoring equipment performance in real-time, and facilitating predictive maintenance, ICS help manufacturers optimize production processes, minimize downtime, and improve overall efficiency.
The assembly line automation segment is expected to have the highest CAGR during the forecast period
The assembly line automation segment is expected to have the highest CAGR during the forecast period as assembly line automation enhances productivity by streamlining production processes and reducing cycle times. Automated systems can perform repetitive tasks with precision and consistency, leading to higher output rates and increased throughput. Automated inspection systems can detect defects more reliably than manual inspection, thereby enhancing product reliability and reducing the likelihood of recalls. Furthermore, the adoption of assembly line automation drives innovation in industrial control systems, robotics, AI, and IoT technologies.
Region with largest share:
North America is projected to hold the largest market share during the forecast period as major automotive OEMs are based in the nation, benefiting from a substantial infrastructure and the government's support for electric vehicles. In addition, the increasing inclination of young people for luxury and premium vehicles is predicted to present lucrative opportunities. Additionally, the automotive industry will similarly undergo a change fueled by digitization, rising automation, and new business models. Four disruptive technology-driven trends are emerging in the automobile industry as a result of these factors: diversified mobility, autonomous driving, electrification, and connection. Moreover, growing logistics and delivery services, along with the expansion of vehicle fleets by major e-commerce players like Amazon, etc., significantly impact the demand for commercial cars.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR 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 connected supply chain to meet the requirement of a growing population. Moreover, the increase in IoT devices and the growing adoption of smart factory automation across emerging nations has further led to the increasing adoption of industrial automation.
Key players in the market
Some of the key players in Factory Automation and Industrial Controls market include 3D Systems, ABB Limited, Aspen Technology Inc., Emerson Electric Company, Endress + Hauser, Fanuc, General Electric Co., Honeywell International Inc., Mitsubishi Electric Corporation, Omron Corporation, Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Stratasys, Texas Instruments Inc. and Yokogawa Electric Corporation
Key Developments:
In June 2024, ABB launches next-generation Robotics control platform OmniCore. the full integration of AI, sensor, cloud and edge computing systems to create the most advanced and autonomous robotic applications.
In June 2024, ABB's integrated technology will stabilize the power grid as Spanish islands transition to green energy. With this project, Red Eléctrica advances the execution of its Network Development Plan 2021–2026, which will allow the integration of 67 percent renewable energy into the generation mix
In June 2024, Emerson Completes Acquisition of NI, Advancing Global Automation Leadership. The acquisition of NI advances Emerson’s position as a global automation leader and expands its opportunity to capitalize on key secular trends like nearshoring, digital transformation, and sustainability and decarbonization.
Products Covered:
• Industrial Control Systems
• Field Devices
• Other Products
Components Covered:
• Hardware
• Software
• Services
• Communication Protocols & Networking
• Other Components
Applications Covered:
• Assembly Line Automation
• Process Control
• Material Handling & Logistics Automation
• Quality Control & Inspection
• Packaging Automation
• Energy Management & Control Systems
• Safety & Security Systems
• Environmental Monitoring & Control
• Other Applications
End Users Covered:
• Automotive
• Food & Beverage
• Chemical
• Pharmaceutical
• Energy & Power
• Other End Users
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 2022, 2023, 2024, 2026, and 2030
- 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 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 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 Factory Automation and Industrial Controls Market, By Product
5.1 Introduction
5.2 Industrial Control Systems
5.2.1 Distributed Control System (DCS)
5.2.2 Programmable Logic Controller (PLC)
5.2.3 Supervisory Control & Data Acquisition (SCADA)
5.2.4 Product Lifecycle Management (PLM)
5.2.5 Human-Machine Interface (HMI)
5.2.6 Manufacturing Execution System (MES)
5.2.7 Enterprise Resource Planning (ERP)
5.3 Field Devices
5.3.1 Machine Vision Systems (MVS)
5.3.2 Robotics
5.3.3 Sensors & Transmitters
5.3.4 Motors & Drivers
5.4 Other Products
6 Global Factory Automation and Industrial Controls Market, By Component
6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services
6.5 Communication Protocols & Networking
6.6 Other Components
7 Global Factory Automation and Industrial Controls Market, By Application
7.1 Introduction
7.2 Assembly Line Automation
7.3 Process Control
7.4 Material Handling & Logistics Automation
7.5 Quality Control & Inspection
7.6 Packaging Automation
7.7 Energy Management & Control Systems
7.8 Safety & Security Systems
7.9 Environmental Monitoring & Control
7.10 Other Applications
8 Global Factory Automation and Industrial Controls Market, By End User
8.1 Introduction
8.2 Automotive
8.3 Food & Beverage
8.4 Chemical
8.5 Pharmaceutical
8.6 Energy & Power
8.7 Other End Users
9 Global Factory Automation and Industrial Controls Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 3D Systems
11.2 ABB Limited
11.3 Aspen Technology Inc.
11.4 Emerson Electric Company
11.5 Endress + Hauser
11.6 Fanuc
11.7 General Electric Co.
11.8 Honeywell International Inc.
11.9 Mitsubishi Electric Corporation
11.10 Omron Corporation
11.11 Robert Bosch GmbH
11.12 Rockwell Automation Inc.
11.13 Schneider Electric SE
11.14 Siemens AG
11.15 Stratasys
11.16 Texas Instruments Inc.
11.17 Yokogawa Electric Corporation
List of Tables
1 Global Factory Automation and Industrial Controls Market Outlook, By Region (2022-2030) ($MN)
2 Global Factory Automation and Industrial Controls Market Outlook, By Product (2022-2030) ($MN)
3 Global Factory Automation and Industrial Controls Market Outlook, By Industrial Control Systems (2022-2030) ($MN)
4 Global Factory Automation and Industrial Controls Market Outlook, By Distributed Control System (DCS) (2022-2030) ($MN)
5 Global Factory Automation and Industrial Controls Market Outlook, By Programmable Logic Controller (PLC) (2022-2030) ($MN)
6 Global Factory Automation and Industrial Controls Market Outlook, By Supervisory Control & Data Acquisition (SCADA) (2022-2030) ($MN)
7 Global Factory Automation and Industrial Controls Market Outlook, By Product Lifecycle Management (PLM) (2022-2030) ($MN)
8 Global Factory Automation and Industrial Controls Market Outlook, By Human-Machine Interface (HMI) (2022-2030) ($MN)
9 Global Factory Automation and Industrial Controls Market Outlook, By Manufacturing Execution System (MES) (2022-2030) ($MN)
10 Global Factory Automation and Industrial Controls Market Outlook, By Enterprise Resource Planning (ERP) (2022-2030) ($MN)
11 Global Factory Automation and Industrial Controls Market Outlook, By Field Devices (2022-2030) ($MN)
12 Global Factory Automation and Industrial Controls Market Outlook, By Machine Vision Systems (MVS) (2022-2030) ($MN)
13 Global Factory Automation and Industrial Controls Market Outlook, By Robotics (2022-2030) ($MN)
14 Global Factory Automation and Industrial Controls Market Outlook, By Sensors & Transmitters (2022-2030) ($MN)
15 Global Factory Automation and Industrial Controls Market Outlook, By Motors & Drivers (2022-2030) ($MN)
16 Global Factory Automation and Industrial Controls Market Outlook, By Other Products (2022-2030) ($MN)
17 Global Factory Automation and Industrial Controls Market Outlook, By Component (2022-2030) ($MN)
18 Global Factory Automation and Industrial Controls Market Outlook, By Hardware (2022-2030) ($MN)
19 Global Factory Automation and Industrial Controls Market Outlook, By Software (2022-2030) ($MN)
20 Global Factory Automation and Industrial Controls Market Outlook, By Services (2022-2030) ($MN)
21 Global Factory Automation and Industrial Controls Market Outlook, By Communication Protocols & Networking (2022-2030) ($MN)
22 Global Factory Automation and Industrial Controls Market Outlook, By Other Components (2022-2030) ($MN)
23 Global Factory Automation and Industrial Controls Market Outlook, By Application (2022-2030) ($MN)
24 Global Factory Automation and Industrial Controls Market Outlook, By Assembly Line Automation (2022-2030) ($MN)
25 Global Factory Automation and Industrial Controls Market Outlook, By Process Control (2022-2030) ($MN)
26 Global Factory Automation and Industrial Controls Market Outlook, By Material Handling & Logistics Automation (2022-2030) ($MN)
27 Global Factory Automation and Industrial Controls Market Outlook, By Quality Control & Inspection (2022-2030) ($MN)
28 Global Factory Automation and Industrial Controls Market Outlook, By Packaging Automation (2022-2030) ($MN)
29 Global Factory Automation and Industrial Controls Market Outlook, By Energy Management & Control Systems (2022-2030) ($MN)
30 Global Factory Automation and Industrial Controls Market Outlook, By Safety & Security Systems (2022-2030) ($MN)
31 Global Factory Automation and Industrial Controls Market Outlook, By Environmental Monitoring & Control (2022-2030) ($MN)
32 Global Factory Automation and Industrial Controls Market Outlook, By Other Applications (2022-2030) ($MN)
33 Global Factory Automation and Industrial Controls Market Outlook, By End User (2022-2030) ($MN)
34 Global Factory Automation and Industrial Controls Market Outlook, By Automotive (2022-2030) ($MN)
35 Global Factory Automation and Industrial Controls Market Outlook, By Food & Beverage (2022-2030) ($MN)
36 Global Factory Automation and Industrial Controls Market Outlook, By Chemical (2022-2030) ($MN)
37 Global Factory Automation and Industrial Controls Market Outlook, By Pharmaceutical (2022-2030) ($MN)
38 Global Factory Automation and Industrial Controls Market Outlook, By Energy & Power (2022-2030) ($MN)
39 Global Factory Automation and Industrial Controls Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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