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The industrial automation market is forecasted to grow by USD 107.1 billion during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the industrial automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by changing market dynamics, need for simplification of complex manufacturing activities, and increasing focus on smart factories.
The industrial automation market is segmented as below:
By Product
- SCDA
- PLC
- DCS
- Drives
- Sensors
By End-user
- Process industry
- Discrete industry
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the industrial automation market covers the following areas:
- Industrial automation market sizing
- Industrial automation market forecast
- Industrial automation market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial automation market: ABB Ltd., Azbil Corp., Danfoss AS, Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, FANUC Corp., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., KROHNE Messtechnik GmbH, OmniVision Technologies Inc., OMRON Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, WIKA Alexander Wiegand SE and Co. KG, and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing need for open platform architecture for automation software."
According to the report, one of the major drivers for this market is the changing market dynamics.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Azbil Corp.
- Danfoss AS
- Dassault Systemes SE
- Emerson Electric Co.
- Endress Hauser Group Services AG
- FANUC Corp.
- Fuji Electric Co. Ltd.
- General Electric Co.
- Hitachi Ltd.
- Honeywell International Inc.
- KROHNE Messtechnik GmbH
- OmniVision Technologies Inc.
- OMRON Corp.
- Robert Bosch GmbH
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- WIKA Alexander Wiegand SE and Co. KG
- Yokogawa Electric Corp.
