This Industrial Controls market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The industrial controls market size has grown strongly in recent years. It will grow from $146.41 billion in 2024 to $154.18 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to social welfare needs, government funding, adoption and foster care services, counseling and mental health services.
The industrial controls market size is expected to see steady growth in the next few years. It will grow to $181.56 billion in 2029 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to mental health awareness, aging population, digital counseling and telehealth, substance abuse treatment. Major trends in the forecast period include telehealth and online counseling, substance abuse treatment and prevention, online and app-based support, technology for case management.
The industrial controls market is poised for growth, driven by the expansion of manufacturing industries, particularly in emerging economies. Industrial controls are instrumental in monitoring and enhancing industrial processes, ensuring precision, product quality, and reliability. A noteworthy example is the remarkable growth of the Indian manufacturing sector in the fiscal year 2021-2022, as reported by Goldman Sachs. The sector demonstrated a substantial 210% growth compared to the previous fiscal year, along with a surge in new investments and orders after the pandemic. Additionally, there was a remarkable 460% increase in the manufacturing sector in 2021-2022 compared to 2019-2020. This growth in manufacturing industries bodes well for the industrial controls market.
The industrial controls market is set to benefit from the rapid increase in investments in smart city projects across the globe. Industrial controls, equipped with artificial intelligence (AI) and the internet of things (IoT), play a pivotal role in supporting various aspects of smart cities, such as energy management, telecommunications, and surveillance. For instance, according to PRS Legislative Research, an India-based non-profit organization, metro projects were allocated Rs 23,175 crore ($2.78 billion) in 2023-24, marking a 13.6% increase compared to the revised estimates for 2022-23.
Key players within the industrial controls market are intensifying their focus on introducing state-of-the-art industrial automation solutions, such as the NX502 automation controller, to maintain a competitive advantage in the industry. Launched in April 2023 by Omron Corporation, the NX502 automation controller is part of the OMRON NX-Series. This sophisticated machine automation controller is capable of handling up to ten EtherNet/IP networks, making it well-suited for large-scale systems. The NX502 facilitates high-speed safety in large-scale operations, minimizing lead times during production line transitions. By combining integrated control technology with NX-EIP201, it allows users to manage extensive production lines with module divisions. It boasts advanced motion and safety control features that contribute to increased production, quality, and energy efficiency. Notably, the user interface of the NX502 is designed to be user-friendly, ensuring easy programming and operation.
In September 2022, Motion Industries, a leading US-based company, completed the acquisition of Applied Machine and Motion Control Inc. The acquisition is anticipated to broaden Motion Industries' product portfolio, providing customers with an extensive range of automation solutions. Applied Machine and Motion Control Inc., also based in the US, specializes in the manufacturing and distribution of motion control and automation products and services, encompassing industrial automation systems. This acquisition is positioned to enhance Motion Industries' market presence and offering in the automation industry.
Major companies operating in the industrial controls market include Mitsubishi Electric Factory Automation, Siemens AG, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, ABB Ltd., Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, Endress+Hauser Group, WIKA Alexander Wiegand SE & Co. KG, Azbil Corporation (formerly known as Yamatake Corporation), Fuji Electric Co. Ltd., 3D Systems Corporation, HP Inc., FANUC Corporation, Stratasys Ltd., Progea Srl, Hitachi Ltd., Vega Grieshaber KG, Danfoss Group, Tegan Innovations Inc., Krohne Group, Chaos Prime, Dwyer Instruments Inc., Kawasaki Heavy Industries Ltd., General Electric Company (GE), Johnson Controls International plc, Eaton Corporation plc, Phoenix Contact GmbH & Co. KG, Parker Hannifin Corporation, WAGO Kontakttechnik GmbH & Co. KG, Yokohama Industries Inc., B&R Industrial Automation GmbH, Beckhoff Automation GmbH & Co. KG, Bosch Rexroth AG, Delta Electronics Inc., Festo AG & Co. KG, IDEC Corporation, Keyence Corporation, National Instruments Corporation, Pepperl+Fuchs GmbH.
Industrial controls are systems and technologies designed to monitor and manage industrial processes, ensuring efficiency, safety, and reliability across various sectors. These controls facilitate real-time data monitoring and automation of operations. By optimizing industrial processes, they improve productivity and reduce operational downtime, making them critical components in modern manufacturing and production environments.
The primary types of control systems within industrial control include distributed control systems (DCS), supervisory control and data acquisition systems (SCADA), and manufacturing execution systems (MES). A distributed control system (DCS) serves as a comprehensive platform for the automated control and operation of industrial processes. It typically incorporates various components such as human-machine interfaces (HMI), logic solvers, historians, a common database, alarm management, and a unified engineering suite. Additionally, the components used in industrial control systems encompass modular terminal block relays, optocouplers, surge protectors, marking systems, printing and ferrules, cable lugs, hand tools, testers, enclosure products, PCB connectors, terminals, heavy-duty connectors, analog signal conditioners, electronics housings, power supplies, industrial Ethernet solutions, and remote I/O technology. Industrial control systems are employed by a wide range of industries, including automotive, utilities, electronics and semiconductors, mining, and various other end-users, to enhance operational efficiency and reliability in their industrial processes.
The industrial controls market research report is one of a series of new reports that provides industrial controls market statistics, including industrial controls industry global market size, regional shares, competitors with an industrial controls market share, detailed industrial controls market segments, market trends and opportunities, and any further data you may need to thrive in the industrial controls industry. This industrial controls market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the industrial controls market in 2024. Western Europe was the second-largest region in the industrial controls market. The regions covered in the industrial controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial controls market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The industrial controls market consists of sales of supervisory control & data acquisition system (SCADA), distributed control system (DCS), manufacturing execution system (MES), and other industrial controls. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The industrial controls market size has grown strongly in recent years. It will grow from $146.41 billion in 2024 to $154.18 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to social welfare needs, government funding, adoption and foster care services, counseling and mental health services.
The industrial controls market size is expected to see steady growth in the next few years. It will grow to $181.56 billion in 2029 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to mental health awareness, aging population, digital counseling and telehealth, substance abuse treatment. Major trends in the forecast period include telehealth and online counseling, substance abuse treatment and prevention, online and app-based support, technology for case management.
The industrial controls market is poised for growth, driven by the expansion of manufacturing industries, particularly in emerging economies. Industrial controls are instrumental in monitoring and enhancing industrial processes, ensuring precision, product quality, and reliability. A noteworthy example is the remarkable growth of the Indian manufacturing sector in the fiscal year 2021-2022, as reported by Goldman Sachs. The sector demonstrated a substantial 210% growth compared to the previous fiscal year, along with a surge in new investments and orders after the pandemic. Additionally, there was a remarkable 460% increase in the manufacturing sector in 2021-2022 compared to 2019-2020. This growth in manufacturing industries bodes well for the industrial controls market.
The industrial controls market is set to benefit from the rapid increase in investments in smart city projects across the globe. Industrial controls, equipped with artificial intelligence (AI) and the internet of things (IoT), play a pivotal role in supporting various aspects of smart cities, such as energy management, telecommunications, and surveillance. For instance, according to PRS Legislative Research, an India-based non-profit organization, metro projects were allocated Rs 23,175 crore ($2.78 billion) in 2023-24, marking a 13.6% increase compared to the revised estimates for 2022-23.
Key players within the industrial controls market are intensifying their focus on introducing state-of-the-art industrial automation solutions, such as the NX502 automation controller, to maintain a competitive advantage in the industry. Launched in April 2023 by Omron Corporation, the NX502 automation controller is part of the OMRON NX-Series. This sophisticated machine automation controller is capable of handling up to ten EtherNet/IP networks, making it well-suited for large-scale systems. The NX502 facilitates high-speed safety in large-scale operations, minimizing lead times during production line transitions. By combining integrated control technology with NX-EIP201, it allows users to manage extensive production lines with module divisions. It boasts advanced motion and safety control features that contribute to increased production, quality, and energy efficiency. Notably, the user interface of the NX502 is designed to be user-friendly, ensuring easy programming and operation.
In September 2022, Motion Industries, a leading US-based company, completed the acquisition of Applied Machine and Motion Control Inc. The acquisition is anticipated to broaden Motion Industries' product portfolio, providing customers with an extensive range of automation solutions. Applied Machine and Motion Control Inc., also based in the US, specializes in the manufacturing and distribution of motion control and automation products and services, encompassing industrial automation systems. This acquisition is positioned to enhance Motion Industries' market presence and offering in the automation industry.
Major companies operating in the industrial controls market include Mitsubishi Electric Factory Automation, Siemens AG, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, ABB Ltd., Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, Endress+Hauser Group, WIKA Alexander Wiegand SE & Co. KG, Azbil Corporation (formerly known as Yamatake Corporation), Fuji Electric Co. Ltd., 3D Systems Corporation, HP Inc., FANUC Corporation, Stratasys Ltd., Progea Srl, Hitachi Ltd., Vega Grieshaber KG, Danfoss Group, Tegan Innovations Inc., Krohne Group, Chaos Prime, Dwyer Instruments Inc., Kawasaki Heavy Industries Ltd., General Electric Company (GE), Johnson Controls International plc, Eaton Corporation plc, Phoenix Contact GmbH & Co. KG, Parker Hannifin Corporation, WAGO Kontakttechnik GmbH & Co. KG, Yokohama Industries Inc., B&R Industrial Automation GmbH, Beckhoff Automation GmbH & Co. KG, Bosch Rexroth AG, Delta Electronics Inc., Festo AG & Co. KG, IDEC Corporation, Keyence Corporation, National Instruments Corporation, Pepperl+Fuchs GmbH.
Industrial controls are systems and technologies designed to monitor and manage industrial processes, ensuring efficiency, safety, and reliability across various sectors. These controls facilitate real-time data monitoring and automation of operations. By optimizing industrial processes, they improve productivity and reduce operational downtime, making them critical components in modern manufacturing and production environments.
The primary types of control systems within industrial control include distributed control systems (DCS), supervisory control and data acquisition systems (SCADA), and manufacturing execution systems (MES). A distributed control system (DCS) serves as a comprehensive platform for the automated control and operation of industrial processes. It typically incorporates various components such as human-machine interfaces (HMI), logic solvers, historians, a common database, alarm management, and a unified engineering suite. Additionally, the components used in industrial control systems encompass modular terminal block relays, optocouplers, surge protectors, marking systems, printing and ferrules, cable lugs, hand tools, testers, enclosure products, PCB connectors, terminals, heavy-duty connectors, analog signal conditioners, electronics housings, power supplies, industrial Ethernet solutions, and remote I/O technology. Industrial control systems are employed by a wide range of industries, including automotive, utilities, electronics and semiconductors, mining, and various other end-users, to enhance operational efficiency and reliability in their industrial processes.
The industrial controls market research report is one of a series of new reports that provides industrial controls market statistics, including industrial controls industry global market size, regional shares, competitors with an industrial controls market share, detailed industrial controls market segments, market trends and opportunities, and any further data you may need to thrive in the industrial controls industry. This industrial controls market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the industrial controls market in 2024. Western Europe was the second-largest region in the industrial controls market. The regions covered in the industrial controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial controls market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The industrial controls market consists of sales of supervisory control & data acquisition system (SCADA), distributed control system (DCS), manufacturing execution system (MES), and other industrial controls. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Industrial Controls Market Characteristics3. Industrial Controls Market Trends and Strategies4. Industrial Controls Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Industrial Controls Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Industrial Controls Market34. Recent Developments in the Industrial Controls Market
5. Global Industrial Controls Growth Analysis and Strategic Analysis Framework
6. Industrial Controls Market Segmentation
7. Industrial Controls Market Regional and Country Analysis
8. Asia-Pacific Industrial Controls Market
9. China Industrial Controls Market
10. India Industrial Controls Market
11. Japan Industrial Controls Market
12. Australia Industrial Controls Market
13. Indonesia Industrial Controls Market
14. South Korea Industrial Controls Market
15. Western Europe Industrial Controls Market
16. UK Industrial Controls Market
17. Germany Industrial Controls Market
18. France Industrial Controls Market
19. Italy Industrial Controls Market
20. Spain Industrial Controls Market
21. Eastern Europe Industrial Controls Market
22. Russia Industrial Controls Market
23. North America Industrial Controls Market
24. USA Industrial Controls Market
25. Canada Industrial Controls Market
26. South America Industrial Controls Market
27. Brazil Industrial Controls Market
28. Middle East Industrial Controls Market
29. Africa Industrial Controls Market
30. Industrial Controls Market Competitive Landscape and Company Profiles
31. Industrial Controls Market Other Major and Innovative Companies
35. Industrial Controls Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Industrial Controls Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on industrial controls market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for industrial controls ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial controls market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Control system: Distributed Control System (DCS); Supervisory Control and Data Acquisition System (SCADA); Manufacturing Execution System (MES)2) By Component: Modular Terminal Block; Relays and Optocouplers; Surge Protectors; Marking Systems; Printing; Ferrules Cable Lugs; Handtools; Testers; Enclosure Products; PCB Connectors and Terminals; Heavy Duty Connectors; Analog Signal Conditioner; Electronics Housings; Power Supplies; Industrial Ethernet; Remote IO
3) By End User: Automotive; Utility; Electronics and Semiconductor; Mining; Other End Users
Subsegments:
1) By Distributed Control System (DCS): Process DCS; Hybrid DCS; Advanced DCS2) By Supervisory Control and Data Acquisition System (SCADA): Traditional SCADA; Cloud-based SCADA; Wireless SCADA
3) By Manufacturing Execution System (MES): Discrete MES; Process MES; Hybrid MES
Key Companies Mentioned: Mitsubishi Electric Factory Automation; Siemens AG; Honeywell International Incorporation; Emerson Electric Company; Schneider Electric SA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Industrial Controls market report include:- Mitsubishi Electric Factory Automation
- Siemens AG
- Honeywell International Incorporation
- Emerson Electric Company
- Schneider Electric SA
- ABB Ltd
- Omron Corporation
- Rockwell Automation
- Yokogawa Electric Corporation
- Endress+Hauser Group
- WIKA Alexander Wiegand SE & Co. KG
- Azbil Corporation (formerly known as Yamatake Corporation)
- Fuji Electric Co. Ltd.
- 3D Systems Corporation
- HP Inc.
- FANUC Corporation
- Stratasys Ltd.
- Progea Srl
- Hitachi Ltd.
- Vega Grieshaber KG
- Danfoss Group
- Tegan Innovations Inc.
- Krohne Group
- Chaos Prime
- Dwyer Instruments Inc.
- Kawasaki Heavy Industries Ltd.
- General Electric Company (GE)
- Johnson Controls International plc
- Eaton Corporation plc
- Phoenix Contact GmbH & Co. KG
- Parker Hannifin Corporation
- WAGO Kontakttechnik GmbH & Co. KG
- Yokohama Industries Inc.
- B&R Industrial Automation GmbH
- Beckhoff Automation GmbH & Co. KG
- Bosch Rexroth AG
- Delta Electronics Inc.
- Festo AG & Co. KG
- IDEC Corporation
- Keyence Corporation
- National Instruments Corporation
- Pepperl+Fuchs GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | April 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 154.18 Billion |
| Forecasted Market Value ( USD | $ 181.56 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 43 |
