Automation and Controls - Global Strategic Business Report

The global market for Automation and Controls is estimated at US$433.8 Billion in 2023 and is projected to reach US$799.5 Billion by 2030, growing at a CAGR of 9.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the automation and controls market is driven by several factors. Firstly, the increasing demand for high efficiency and productivity in manufacturing and other industrial sectors is propelling the adoption of advanced automation systems. Secondly, the need to reduce operational costs and improve energy efficiency is encouraging companies to invest in modern control systems. Thirdly, the rise of Industry 4.0 and the push towards digital transformation are driving the integration of IoT, AI, and big data analytics into automation and control systems.

Additionally, the growing emphasis on safety and regulatory compliance in industries such as oil and gas, pharmaceuticals, and food and beverage is fostering the deployment of sophisticated control systems. The expansion of smart factories and the adoption of robotics and automation in logistics and supply chain management are also contributing to market growth. Finally, government initiatives and incentives aimed at boosting industrial automation and smart manufacturing are further accelerating the development and implementation of automation and control technologies.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the SCADA Technology segment, which is expected to reach US$210.3 Billion by 2030 with a CAGR of a 10.9%. The DCS Technology segment is also set to grow at 9.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $118.2 Billion in 2023, and China, forecasted to grow at an impressive 12.8% CAGR to reach $169.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Automation and Controls Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automation and Controls Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Automation and Controls Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as ABB Ltd., Bosch Rexroth AG, Emerson Electric Co., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 86 Featured):

• ABB Ltd.
• Bosch Rexroth AG
• Emerson Electric Co.
• FANUC Corporation
• GE Vernova
• Honeywell International, Inc.
• John Wood Group PLC
• Johnson Controls International PLC
• Kawasaki Heavy Industries, Ltd.
• KUKA AG
• Omron Corporation
• Rockwell Automation, Inc.
• Schneider Electric SE
• Siemens AG
• TE Connectivity Ltd.