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Factory Automation And Industrial Controls Market

Factory Automation and Industrial Controls Market Forecasts to 2028 – Global Analysis By Product (Software, Services), Application (AI, Big Data Analytics), End User (Process Industries, Discrete Industries) and By Geography

4.1 (23 reviews)
Published: June 2021 ID: SMRC20597
4.1 (23 reviews)
Published: June 2021 ID: SMRC20597

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Factory Automation and Industrial Controls Market is accounted for $151.85 billion in 2020 and is expected to reach $339.86 billion by 2028 growing at a CAGR of 10.6% during the forecast period. An increase in the adoption of robots in the global manufacturing industry and initiatives undertaken by governments of different countries are driving the market growth. However, fluctuations in end-use industries are restraining the market growth.

Automation is the use of information technology in combination with mechanical technology for manufacturing processes to make an efficient and smart manufacturing infrastructure. Factory automation & industrial controls systems can help in reducing the operational cost of manufacturing, and also help in standardizing the manufacturing process for improving quality. 

Based on product, the robots segment is going to have lucrative growth during the forecast period. Manufacturers are installing industrial robots to form production and distribution efficient and easy. Industrial robots are used to reduce human involvement in the production process, thereby reducing the cost of manufacturing with improved quality and increased production capacity.

By geography, Asia Pacific is going to have significant growth during the forecast period. An increase in industrial production in countries, such as China, India, and Germany and strong growth purchase manager index numbers from Australia, China, and the UK will influence the growth in the Asia Pacific.


Some of the key players profiled in the Factory Automation and Industrial Controls include Rockwell Automation Inc., Honeywell International Inc., General Electric Co., ABB Limited, Dassault Systemes SE, Schneider Electric SE, Emerson Electric Company, Autodesk Inc., Mitsubishi Electric Corporation, Siemens AG, Aspen Technology Inc, Robert Bosch GmbH, Texas Instruments Inc., and Yokogawa Electric Corporation.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 151.85 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

10.6%

Predicted 2028 Value:

USD 339.86 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

502

Chapters Covered:

Control System, Product, Application, End User and Region

Core Drivers and Opportunities:

  • Rise in adoption of robots in global manufacturing industry
  • Increased demand for safety compliance automation solutions
  • Adoption of Industry 4.0

Restraining Factors & Market Threats:

  • Significant initial capital investments and re-investments
  • Lack of skilled workforce


Control Systems Covered:
• Distributed Control Systems (DCS)    
• Functional Safety   
• Human-Machine Interface (HMI)   
• Manufacturing Execution Systems (MES)   
• Plant Asset Management (PAM)   
• Product Lifecycle Management (PLM)   
• Programmable Automation Controller (PAC)   
• Programmable Logic Controllers (PLC)   
• Safety Instrumented System (SIS)   
• Supervisory Control And Data Acquisition (SCADA)    

Products Covered:
• Software
• Machine Vision
• Sensors
• Power Backup
• Services
• Industrial Personal Computer (IPC)
• Industrial 3D Printing
• Motion and Drives
• Relays and Switches
• Industrial Control Systems
• Control Valves
• Field Device
• Automation Electronics
• Motor & Motor Control
• Remote Terminal Unit (RTU)
• Field Instruments
• Connectivity
• Robots
• Power and Energy Meters
• Measurement and Analytical Products
• Interrogate Threat System (ITS)

Applications Covered:
• Artificial Intelligence (AI)
• Augmented Reality (AR) and Virtual Reality (VR)
• Big Data Analytics
• Condition Monitoring
• Flow
• Industrial Cyber Security
• Industrial Internet of Things (IIoT)
• Level
• Pressure

End Users Covered:
• Process Industries
• Discrete Industries 

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 2019, 2020, 2021, 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

Key Questions Answered In The Report

The Global Factory Automation and Industrial Controls Market is majorly driven by increased adoption of internet of things (IoT) and machine- to-machine technologies, and rise in adoption of robots.

The sensors segment is growing at a highest CAGR due to the advancements in technologies and widespread use across a range of industries.

Asia Pacific dominated with a significant market share due to technological innovations and the high adoption of automation technologies in various industries.

North America market is growing at a highest CAGR due to its highly diversified industrial market and have a greater degree of flexibility in terms of expansion and innovation.

Key players in Factory Automation and Industrial Controls Market include ABB Limited, Aspen Technology Inc, Autodesk Inc., Dassault Systemes SE, Emerson Electric Company, General Electric Co, Honeywell International Inc., Mitsubishi Electric Corporation, Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Texas Instruments Inc., and Yokogawa Electric Corporation.

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 Control System         
 5.1 Introduction        
 5.2 Distributed Control Systems (DCS)        
 5.3 Functional Safety        
 5.4 Human-Machine Interface (HMI)        
 5.5 Manufacturing Execution Systems (MES)        
 5.6 Plant Asset Management (PAM)        
 5.7 Product Lifecycle Management (PLM)        
 5.8 Programmable Automation Controller (PAC)        
 5.9 Programmable Logic Controllers (PLC)        
 5.10 Safety Instrumented System (SIS)        
 5.11 Supervisory Control And Data Acquisition (SCADA)        
          
6 Global Factory Automation and Industrial Controls Market, By Product         
 6.1 Introduction        
 6.2 Software        
  6.2.1 Supply Chain Management (SCM)        
  6.2.2 Enterprise Resource Planning (ERP)       
  6.2.3 Human Resources Management (HRM)       
  6.2.4 Customer Relationship Management (CRM)       
 6.3 Machine Vision        
  6.3.1 Cameras       
   6.3.1.1 Analog Cameras      
   6.3.1.2 Digital Cameras      
   6.3.1.3 Smart Cameras      
  6.3.2 Frame Grabbers, Optics, and LED (Light Emitting Diode) Lighting       
   6.3.2.1 Processors and Software      
 6.4 Sensors        
  6.4.1 Temperature        
  6.4.2 Pressure       
  6.4.3 Position       
  6.4.4 Image       
  6.4.5 Current       
  6.4.6 Voltage       
  6.4.7 Power/Energy Sensor       
 6.5 Power Backup        
 6.6 Services        
 6.7 Industrial Personal Computer (IPC)        
 6.8 Industrial 3D Printing        
 6.9 Motion and Drives        
 6.10 Relays and Switches        
 6.11 Industrial Control Systems        
 6.12 Control Valves        
 6.13 Field Device        
  6.13.1 Industrial Network       
  6.13.2 Control Devices       
  6.13.3 Radio-Frequency Identification (RFID)       
 6.14 Automation Electronics        
 6.15 Motor & Motor Control        
 6.16 Remote Terminal Unit (RTU)        
 6.17 Field Instruments        
  6.17.1 Flowmeters       
  6.17.2 Transmitters       
   6.17.2.1 Pressure Transmitters      
   6.17.2.2 Temperature Transmitters      
   6.17.2.3 Level Transmitters      
 6.18 Connectivity        
 6.19 Robots        
  6.19.1 Industrial Robots       
   6.19.1.1 Traditional Industrial Robots      
    6.19.1.1.1 Articulated Robots     
    6.19.1.1.2 Cartesian Robots     
    6.19.1.1.3 Selective Compliance Assembly Robot Arms (SCARA)     
    6.19.1.1.4 Parallel Robots     
   6.19.1.2 Collaborative Industrial Robots      
 6.20 Power and Energy Meters        
 6.21 Measurement and Analytical Products                
 6.22 Interrogate Threat System (ITS)        
          
7 Global Factory Automation and Industrial Controls Market, By Application          
 7.1 Introduction        
 7.2 Artificial Intelligence (AI)        
 7.3 Augmented Reality (AR) and Virtual Reality (VR)        
 7.4 Big Data Analytics        
 7.5 Condition Monitoring        
 7.6 Flow        
 7.7 Industrial Cyber Security         
 7.8 Industrial Internet of Things (IIoT)        
 7.9 Level        
 7.10 Pressure        
          
8 Global Factory Automation and Industrial Controls Market, By End User         
 8.1 Introduction        
 8.2 Process Industries        
  8.2.1 Oil & Gas       
  8.2.2 Energy       
  8.2.3 Solar       
  8.2.4 Electric Power Generation       
  8.2.5 Food & Beverages Processing       
  8.2.6 Chemicals & Petrochemicals       
  8.2.7 Metals & Mining       
  8.2.8 Pulp & Paper        
  8.2.9 Pharmaceuticals       
  8.2.10 Utility       
  8.2.11 Other Process Industries       
   8.2.11.1 Water and Wastewater Management      
   8.2.11.2 Heating, Ventilation and Air-Conditioning (HVAC)      
   8.2.11.3 Recycling      
   8.2.11.4 Plastics      
   8.2.11.5 Printing      
   8.2.11.6 Cement      
   8.2.11.7 Glass      
   8.2.11.8 Rubber      
   8.2.11.9 Agriculture      
   8.2.11.10 Furniture & Wood      
   8.2.11.11 Textiles      
   8.2.11.12 Original Equipment Manufacturers (OEM)      
   8.2.11.13 Marine      
   8.2.11.14 Life science      
 8.3 Discrete Industries        
  8.3.1 Automotive       
  8.3.2 Machine Manufacturing       
  8.3.3 Semiconductor & Electronics and Electrical       
  8.3.4 Aerospace & Defense       
  8.3.5 Medical Devices       
  8.3.6 Other Discrete Industries       
   8.3.6.1 Ceramics      
   8.3.6.2 Fabricating      
   8.3.6.3 Packaging Industries      
          
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 Rockwell Automation Inc.            
 11.2 Honeywell International Inc.            
 11.3 General Electric Co            
 11.4 ABB Limited            
 11.5 Dassault Systemes SE            
 11.6 Schneider Electric SE            
 11.7 Emerson Electric Company            
 11.8 Autodesk Inc.            
 11.9 Mitsubishi Electric Corporation            
 11.10 Siemens AG            
 11.11 Aspen Technology Inc            
 11.12 Robert Bosch GmbH            
 11.13 Texas Instruments Inc.            
 11.14 Yokogawa Electric Corporation        


List of Tables          
1 Global Factory Automation and Industrial Controls Market Outlook, By Region (2019-2028) ($MN)             
2 Global Factory Automation and Industrial Controls Market Outlook, By Control System (2019-2028) ($MN)             
3 Global Factory Automation and Industrial Controls Market Outlook, By Distributed Control Systems (DCS) (2019-2028) ($MN)             
4 Global Factory Automation and Industrial Controls Market Outlook, By Functional Safety (2019-2028) ($MN)             
5 Global Factory Automation and Industrial Controls Market Outlook, By Human-Machine Interface (HMI) (2019-2028) ($MN)             
6 Global Factory Automation and Industrial Controls Market Outlook, By Manufacturing Execution Systems (MES) (2019-2028) ($MN)             
7 Global Factory Automation and Industrial Controls Market Outlook, By Plant Asset Management (PAM) (2019-2028) ($MN)             
8 Global Factory Automation and Industrial Controls Market Outlook, By Product Lifecycle Management (PLM) (2019-2028) ($MN)             
9 Global Factory Automation and Industrial Controls Market Outlook, By Programmable Automation Controller (PAC) (2019-2028) ($MN)             
10 Global Factory Automation and Industrial Controls Market Outlook, By Programmable Logic Controllers (PLC) (2019-2028) ($MN)             
11 Global Factory Automation and Industrial Controls Market Outlook, By Safety Instrumented System (SIS) (2019-2028) ($MN)             
12 Global Factory Automation and Industrial Controls Market Outlook, By Supervisory Control And Data Acquisition (SCADA) (2019-2028) ($MN)             
13 Global Factory Automation and Industrial Controls Market Outlook, By Product (2019-2028) ($MN)             
14 Global Factory Automation and Industrial Controls Market Outlook, By Software (2019-2028) ($MN)             
15 Global Factory Automation and Industrial Controls Market Outlook, By Supply Chain Management (SCM) (2019-2028) ($MN)             
16 Global Factory Automation and Industrial Controls Market Outlook, By Enterprise Resource Planning (ERP) (2019-2028) ($MN)             
17 Global Factory Automation and Industrial Controls Market Outlook, By Human Resources Management (HRM) (2019-2028) ($MN)             
18 Global Factory Automation and Industrial Controls Market Outlook, By Customer Relationship Management (CRM) (2019-2028) ($MN)             
19 Global Factory Automation and Industrial Controls Market Outlook, By Machine Vision (2019-2028) ($MN)             
20 Global Factory Automation and Industrial Controls Market Outlook, By Cameras (2019-2028) ($MN)             
21 Global Factory Automation and Industrial Controls Market Outlook, By Frame Grabbers, Optics, and LED (Light Emitting Diode) Lighting (2019-2028) ($MN)             
22 Global Factory Automation and Industrial Controls Market Outlook, By Sensors (2019-2028) ($MN)             
23 Global Factory Automation and Industrial Controls Market Outlook, By Temperature (2019-2028) ($MN)             
24 Global Factory Automation and Industrial Controls Market Outlook, By Pressure (2019-2028) ($MN)             
25 Global Factory Automation and Industrial Controls Market Outlook, By Position (2019-2028) ($MN)             
26 Global Factory Automation and Industrial Controls Market Outlook, By Image (2019-2028) ($MN)             
27 Global Factory Automation and Industrial Controls Market Outlook, By Current (2019-2028) ($MN)             
28 Global Factory Automation and Industrial Controls Market Outlook, By Voltage (2019-2028) ($MN)             
29 Global Factory Automation and Industrial Controls Market Outlook, By Power/Energy Sensor (2019-2028) ($MN)             
30 Global Factory Automation and Industrial Controls Market Outlook, By Power Backup (2019-2028) ($MN)             
31 Global Factory Automation and Industrial Controls Market Outlook, By Services (2019-2028) ($MN)             
32 Global Factory Automation and Industrial Controls Market Outlook, By Industrial Personal Computer (IPC) (2019-2028) ($MN)             
33 Global Factory Automation and Industrial Controls Market Outlook, By Industrial 3D Printing (2019-2028) ($MN)             
34 Global Factory Automation and Industrial Controls Market Outlook, By Motion and Drives (2019-2028) ($MN)             
35 Global Factory Automation and Industrial Controls Market Outlook, By Relays and Switches (2019-2028) ($MN)             
36 Global Factory Automation and Industrial Controls Market Outlook, By Industrial Control Systems (2019-2028) ($MN)             
37 Global Factory Automation and Industrial Controls Market Outlook, By Control Valves (2019-2028) ($MN)             
38 Global Factory Automation and Industrial Controls Market Outlook, By Field Device (2019-2028) ($MN)             
39 Global Factory Automation and Industrial Controls Market Outlook, By Industrial Network (2019-2028) ($MN)             
40 Global Factory Automation and Industrial Controls Market Outlook, By Control Devices (2019-2028) ($MN)             
41 Global Factory Automation and Industrial Controls Market Outlook, By Radio-Frequency Identification (RFID) (2019-2028) ($MN)             
42 Global Factory Automation and Industrial Controls Market Outlook, By Automation Electronics (2019-2028) ($MN)             
43 Global Factory Automation and Industrial Controls Market Outlook, By Motor & Motor Control (2019-2028) ($MN)             
44 Global Factory Automation and Industrial Controls Market Outlook, By Remote Terminal Unit (RTU) (2019-2028) ($MN)             
45 Global Factory Automation and Industrial Controls Market Outlook, By Field Instruments (2019-2028) ($MN)             
46 Global Factory Automation and Industrial Controls Market Outlook, By Flowmeters (2019-2028) ($MN)             
47 Global Factory Automation and Industrial Controls Market Outlook, By Transmitters (2019-2028) ($MN)             
48 Global Factory Automation and Industrial Controls Market Outlook, By Connectivity (2019-2028) ($MN)             
49 Global Factory Automation and Industrial Controls Market Outlook, By Robots (2019-2028) ($MN)             
50 Global Factory Automation and Industrial Controls Market Outlook, By Industrial Robots (2019-2028) ($MN)             
51 Global Factory Automation and Industrial Controls Market Outlook, By Power and Energy Meters (2019-2028) ($MN)             
52 Global Factory Automation and Industrial Controls Market Outlook, By Measurement and Analytical Products (2019-2028) ($MN)             
53 Global Factory Automation and Industrial Controls Market Outlook, By Interrogate Threat System (ITS) (2019-2028) ($MN)             
54 Global Factory Automation and Industrial Controls Market Outlook, By Application (2019-2028) ($MN)             
55 Global Factory Automation and Industrial Controls Market Outlook, By Artificial Intelligence (AI) (2019-2028) ($MN)             
56 Global Factory Automation and Industrial Controls Market Outlook, By Augmented Reality (AR) and Virtual Reality (VR) (2019-2028) ($MN)             
57 Global Factory Automation and Industrial Controls Market Outlook, By Big Data Analytics (2019-2028) ($MN)             
58 Global Factory Automation and Industrial Controls Market Outlook, By Condition Monitoring (2019-2028) ($MN)             
59 Global Factory Automation and Industrial Controls Market Outlook, By Flow (2019-2028) ($MN)             
60 Global Factory Automation and Industrial Controls Market Outlook, By Industrial Cyber Security (2019-2028) ($MN)             
61 Global Factory Automation and Industrial Controls Market Outlook, By Industrial Internet of Things (IIoT) (2019-2028) ($MN)             
62 Global Factory Automation and Industrial Controls Market Outlook, By Level (2019-2028) ($MN)             
63 Global Factory Automation and Industrial Controls Market Outlook, By Pressure (2019-2028) ($MN)             
64 Global Factory Automation and Industrial Controls Market Outlook, By End User (2019-2028) ($MN)             
65 Global Factory Automation and Industrial Controls Market Outlook, By Process Industries (2019-2028) ($MN)             
66 Global Factory Automation and Industrial Controls Market Outlook, By Oil & Gas (2019-2028) ($MN)             
67 Global Factory Automation and Industrial Controls Market Outlook, By Energy (2019-2028) ($MN)             
68 Global Factory Automation and Industrial Controls Market Outlook, By Solar (2019-2028) ($MN)             
69 Global Factory Automation and Industrial Controls Market Outlook, By Electric Power Generation (2019-2028) ($MN)             
70 Global Factory Automation and Industrial Controls Market Outlook, By Food & Beverages Processing (2019-2028) ($MN)             
71 Global Factory Automation and Industrial Controls Market Outlook, By Chemicals & Petrochemicals (2019-2028) ($MN)             
72 Global Factory Automation and Industrial Controls Market Outlook, By Metals & Mining (2019-2028) ($MN)             
73 Global Factory Automation and Industrial Controls Market Outlook, By Pulp & Paper (2019-2028) ($MN)             
74 Global Factory Automation and Industrial Controls Market Outlook, By Pharmaceuticals (2019-2028) ($MN)             
75 Global Factory Automation and Industrial Controls Market Outlook, By Utility (2019-2028) ($MN)             
76 Global Factory Automation and Industrial Controls Market Outlook, By Other Process Industries (2019-2028) ($MN)             
77 Global Factory Automation and Industrial Controls Market Outlook, By Discrete Industries (2019-2028) ($MN)             
78 Global Factory Automation and Industrial Controls Market Outlook, By Automotive (2019-2028) ($MN)             
79 Global Factory Automation and Industrial Controls Market Outlook, By Machine Manufacturing (2019-2028) ($MN)             
80 Global Factory Automation and Industrial Controls Market Outlook, By Semiconductor & Electronics and Electrical (2019-2028) ($MN)             
81 Global Factory Automation and Industrial Controls Market Outlook, By Aerospace & Defense (2019-2028) ($MN)             
82 Global Factory Automation and Industrial Controls Market Outlook, By Medical Devices (2019-2028) ($MN)             
83 Global Factory Automation and Industrial Controls Market Outlook, By Other Discrete Industries (2019-2028) ($MN)             
              
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.              

       

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