Industrial Automation Market Scope And Analysis

  • Report Code : TIPRE00025985
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 217
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Industrial Automation Market Analysis Report 2023 to 2030

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Industrial Automation Market Report Industrial Automation Market Size and Share Industrial Automation Market Scope and Analysis

Industrial Automation Market Report Scope

Report Attribute Details
Market size in 2022 US$ 171.23 Billion
Market Size by 2030 US$ 322.67 Billion
Global CAGR (2022 - 2030) 8.2%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Component
  • Hardware and Software
By System
  • Supervisory Control and Data Acquisition
  • Distributed Control System
  • Programmable Logic Control
By End User
  • Oil & Gas
  • Automotive
  • Food & Beverages
  • Chemical & Materials
  • Aerospace & Defense
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB Ltd
  • Bosch Rexroth AG
  • Emerson Electric Co
  • Hitachi Ltd
  • Honeywell International Inc
  • Mitsubishi Electric Corporation
  • Omron Corporation
  • Rockwell Automation Inc
  • Schneider Electric SE
  • Siemens AG
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    Industrial Automation Market News and Recent Developments

    The industrial automation market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the industrial automation market are listed below:

    • In 2023, Emerson Electric's acquisition of National Instruments for US$ 8.2 billion in April 2023 marked a strategic move to fortify its presence in industrial automation. The deal aligned with Emerson's pursuit of testing and measurement growth, tapping into National Instruments' software-driven automated systems to deliver enhanced profitability and industry diversification. This step reflected the surge in demand for advanced automation solutions. (Source: Emerson Electric Co., Company Website, October 2023)
    • ABB India secured a significant contract for the electrification and automation of ArcelorMittal Nippon Steel India's advanced cold rolling mill in Hazira. ABB's technology aimed to enhance energy efficiency, zinc consumption optimization, and corrosion resistance, aligning with AM/NS India's sustainability goals. This collaboration showcased industrial automation's transformative potential. (Source: ABB Ltd, Company Website, June 2023)

    Industrial Automation Market Report Coverage and Deliverables

    The “Industrial Automation Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:

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