Industrial Automation Control Market Growth Report | 2021-2031

The industrial automation control market size is projected to reach US$ 403.93 billion by 2031 from US$ 181.30 billion in 2023. The market is expected to register a CAGR of 10.5% in 2023–2031. The industrial sector has grown significantly due to the ongoing integration of modern technology, such as robots, artificial intelligence, and other innovative solutions.

Industrial Automation Control Market Analysis

The automation systems scale from small independent units to a network of interconnected large-scale work cells dispersed across the manufacturing floor. Every system is tailored to a specific activity, resulting in cost savings, higher quality, operator safety, and increased output. Analytics, cloud, and mobile technologies are helping firms achieve their goals more efficiently. Furthermore, the rise of the Internet of Things (IoT) in industrial automation is fueling the demand for smart manufacturing to embrace and implement the benefits of Internet connectivity.

Industrial Automation Control Market Overview

The industrial sector has been fast evolving due to the constant introduction of sophisticated technology such as robotics, artificial intelligence, and others. Furthermore, by utilizing intelligent industrial infrastructure, automation allows for faster manufacturing and material handling operations. Industries are installing industrial automation and control technologies in an effort to boost production and save labor expenses. Furthermore, with the introduction of Industry 4.0, the manufacturing sector has seen rapid adoption of new systems and improved networking architectures, which is expected to give considerable prospects for market expansion.

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Industrial Automation Control Market: Strategic Insights

Industrial Automation Control Market

• 
  CAGR (2023 - 2031)

  10.5%
• Market Size 2023
  US$ 181.30 billion
• Market Size 2031
  US$ 403.93 billion

Market Dynamics

GROWTH DRIVERS

• Growing Adoption of Industry 4.0

FUTURE TRENDS

• Integration of AI

OPPORTUNITIES

• Increasing Government Initiatives to Promote Industrial Automation

Key Players

• ABB Ltd
• B R Industrial Automation GmbH
• Bosch Rexroth AG
• Beckhoff Automation GmbH Co KG
• Emerson Electric Co
• General Electric
• Hitachi Ltd
• Honeywell International Inc
• KOYO ELECTRONICS INDUSTRIES CO
• Mitsubishi electric corporation LTD

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Solutions

• Distributed Control System
• Supervisory Control and Data Acquisition
• Programmable Logic Control System
• Human Machine Interface
• Product Lifecycle Management

End-User

• Process Industry and Discrete Industry

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Industrial Automation Control Market Drivers and Opportunities

Growing Adoption of Industry 4.0 to Favor Market

The increasing implementation of Industry 4.0 principles is a major driving force in the global industrial automation industry. Industry 4.0, also known as the fourth industrial revolution, focuses on the integration of digital technologies into traditional production processes to improve efficiency, productivity, and flexibility. One of the important components of Industry 4.0 is the widespread adoption of advanced automation technologies such as robotics, enhanced sensors, and cloud computing. These technologies enable seamless communication and collaboration across machines, systems, and humans, resulting in more efficient operations and better decision-making processes.

Increasing Government Initiatives to Promote Industrial Automation

Rising government measures to promote industrial automation are offering substantial prospects in the global industrial automation control industry. Governments around the world are rapidly realizing automation's potential to improve productivity, efficiency, and competitiveness in industrial sectors. As a result, they are developing a variety of rules and programs to encourage enterprises to use automation technologies. These initiatives frequently take the shape of tax breaks, subsidies, grants, and training programs to encourage businesses to invest in automation technologies.

Industrial Automation Control Market Report Segmentation Analysis

Key segments that contributed to the derivation of the industrial automation control market analysis are solutions and end-users.

• Based on solutions, the industrial automation control market is segmented into distributed control system (DCS), supervisory control and data acquisition (SCADA), programmable logic control system (PLC), human machine interface (HMI), product lifecycle management (PLM), others.
• By end-user, the market is segmented into process industry and discrete industry.

Industrial Automation Control Market Share Analysis by Geography

The geographic scope of the industrial automation control market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. This rapid expansion in the Asia Pacific is due to the presence of important industry players and growing enterprises in the region. Furthermore, the growing demand for better solutions to manage industrial plants in China and India is propelling market expansion in the area. The use of smart production facilities over traditional production facilities is a common trend, and it contributes to the broad acceptance of industrial automation, which is driving market expansion across the area.

Industrial Automation Control Market Report Scope

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Industrial Automation Control Market News and Recent Developments

The industrial automation control market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

• In April 2023, OMRON released the NX-series NX502 automation controllers with advanced information control and safety control, simultaneously with the new NX-EIP201 EtherNet/IPTM units. This launch responds to the increase in efforts toward carbon neutrality at manufacturing sites that are starting to prioritize ESG (Environmental, Social, and Governance) management. Production lines for rapidly evolving high-tech products such as xEVs.

(Source: OMRON, Company Website, 2023)

• In March 2023, At MODEX 2024, FANUC America Corporation announced the PMi-A Plus PLC/CNC motion controller, which enables FANUC controls to be seamlessly integrated with general motion control equipment. This demonstration demonstrates the combination of FANUC's industrial automation and cobot product lines, providing a comprehensive automated warehousing solution for the supply chain industry.

(Source: FANUC America Corporation, Company Website, 2023)

Industrial Automation Control Market Report Coverage and Deliverables

The "Industrial Automation Control Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Market dynamics such as drivers, restraints, and key opportunities
• Key future trends
• Detailed PEST/Porter's Five Forces and SWOT analysis
• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
• Detailed company profiles