Industrial Automation Control Market Share and Business Opportunities 2031
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