Report overview
Industrial controls and factory automation use set technologies and automatic control devices that results the automatic operation and control of industrial processes without significant human intervention and achieving superior performance than manual control. These automation devices include PLCs, PCs, PACs, etc. and technologies include various industrial communication systems. It facilitates to increase the product quality, reliability and production rate while reducing production and design cost by adopting new, innovative and integrated technologies and services.
This report aims to provide a comprehensive presentation of the global market for Industrial Controls and Factory Automation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Controls and Factory Automation. This report contains market size and forecasts of Industrial Controls and Factory Automation in global, including the following market information:
Global Industrial Controls and Factory Automation Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Industrial Controls and Factory Automation market was valued at US$ 141120 million in 2022 and is projected to reach US$ 224990 million by 2029, at a CAGR of 6.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Globally, the industrial controls and factory automation industry market is relatively concentrated as the manufacturing technology of industrial controls and factory automation is relatively high. And some enterprises, like SIEMENS, Mitsubishi Electric and ABB, etc. are well-known for the wonderful performance of their industrial controls and factory automation and related services. The consumption volume of industrial controls and factory automation is related to downstream industries and global economy. Industrial controls and factory automation is widely used in many industries and general manufacturing industry has the largest market share of no more than 35%, which followed by automotive industry of market share of about 30%.
We surveyed the Industrial Controls and Factory Automation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Controls and Factory Automation Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Industrial Controls and Factory Automation Market Segment Percentages, by Type, 2022 (%)
Control Systems
Measurement and Analytical Products
Switches and Safety Components
Industrial Robot
Others
Global Industrial Controls and Factory Automation Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Industrial Controls and Factory Automation Market Segment Percentages, by Application, 2022 (%)
Oil and Gas
Power Industry
Automotive
General Manufacturing
Others
Global Industrial Controls and Factory Automation Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Industrial Controls and Factory Automation Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Controls and Factory Automation revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Industrial Controls and Factory Automation revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
Mitsubishi Electric
ABB
Emerson
Rockwell Automation
Schneider Electric
Keyence
Bosch Rexroth
Honeywell
Fanuc
Omron
Yokogawa Electric
Fuji Electric
KuKa
Inovance Group
General Electric
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Controls and Factory Automation, market overview.
Chapter 2: Global Industrial Controls and Factory Automation market size in revenue.
Chapter 3: Detailed analysis of Industrial Controls and Factory Automation company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Controls and Factory Automation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
