Report Id: SNS/SEMI/2497 | July 2022 | Region: Global | 131 Pages
Report Scope & Overview:
The Automation and Control Market Size was valued at USD 143 billion in 2021 and is expected to reach USD 295 billion by 2028, and grow at a CAGR of 10.9% over the forecast period 2022-2028.
Automation and control are advanced aspects of modern manufacturing and utility supply chains used to control and monitor industrial operations in order to reduce human interference. Furthermore, motion control systems in the manufacturing sector are created with the goal of designing and developing automation in the manufacturing process.
Furthermore, in industrial automatic control, a wide range of process variables, such as pressure, distance, flow, temperature, and liquid levels, can be detected simultaneously in real-time. Furthermore, industrial control systems in automation are an important component of the automation system that ensures process variables follow set points.
MARKET DYNAMICS:
KEY DRIVERS:
Organizations concerned with worker safety.
Manufacturing industries' growing demand for industrial automation.
Government policies that encourage the use of industrial automation.
RESTRAINTS:
Huge implementation cost.
OPPORTUNITIES:
Adoption of Industry 4.0 in a variety of industries.
Increase in industrial robotics.
CHALLENGES:
Manufacturing industry technological trends are rapidly changing.
Few countries have a poor understanding of automation and control.
IMPACT OF COVID-19:
Covid 19 has an impact on many industries around the world. Globalization and trade operations are in trouble. The supply of raw materials is delayed. Automation and control are a complex system. It necessitates the use of numerous complex raw materials. However, finding sources is difficult during this time. During this time, the delivery end of the market suffered. Because of this market scenario, the need for automation and control in industries is decreasing. However, demand for the automation and control market will rise in the coming years. The introduction of new automation technologies is increasing demand for the product. The coming years will be critical for any industry. Many markets expect to recoup their losses in two years. Market losses abound in the preceding 19 periods. As a result, the use of automation and control will grow. Automation and Control Market, product demand will rise as productivity rises.
Based on product, the automation and control market are segmented into PAC, HMI, DCS, SCADA, PLC, and MES. In terms of revenue, the SCADA segment dominated the market in, and this trend is expected to continue during the forecast period.
Based on application, the automation and control market are segmented into Safety & Security, Lighting, HVAC, and Others. The safety and security segment contributed the most revenue in 2021 and is expected to gain significant market share during the forecast period.
Based on end-use, the automation and control market are segmented into Commercial, Hospitality, Retail, Residential, Industrial, Enterprise, Oil & Gas, Mining & Metals, Automotive & Transportation, Electrical & Electronics, Manufacturing, Aerospace & Defense, and Others. The industrial segment took the most market share in 2021 and is expected to grow at a rapid pace from 2022 to 2028.
COMPETITIVE LANDSCAPE:
The key players in the automation and control market are ABB Group, Emerson Electric, General Electric Company, KUKA, Rockwell Automation, Bosch Rexroth, Fanuc Corporation, Honeywell International, SIEMENS AG and Schneider Electric.
MARKET SEGMENT:
BY PRODUCT
PAC
HMI
DCS
PLC
SCADA
MES
BY APPLICATION
Safety & Security
Lighting
HVAC
Others
BY END-USE
Commercial
Hospitality
Retail
Residential
Industrial
Enterprise
Oil & Gas
Mining & Metals
Automotive & Transportation
Electrical & Electronics
Manufacturing
Aerospace & Defense
Others
REGIONAL ANALYSIS:
Asia Pacific, Europe, and North America are the major regional players in the automation and control market. With the most shares, Europe is a key regional player. The automotive industry will experience rapid growth. Furthermore, increased investment in this region will lead to growth. Furthermore, North America has the second largest share. This region has a high demand from the semiconductor market. The demand for automation in this market is enormous. Other growth factors include technological advancements. Mexico is a country where this product is rapidly expanding. Furthermore, Asia Pacific has seen the fastest growth in automation and control in recent years. This entire key regional player will generate a lot of money.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2021 | US$ 143 Billion |
Market Size by 2028 | US$ 295 Billion |
CAGR | CAGR of 10.9% From 2022 to 2028 |
Base Year | 2021 |
Forecast Period | 2022-2028 |
Historical Data | 2017-2020 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (PAC, HMI, DCS, SCADA, PLC, MES) • By Application (Safety & Security, Lighting, HVAC, Others) • By End-Use (Commercial, Hospitality, Retail, Residential, Industrial, Enterprise, Oil & Gas, Mining & Metals, Automotive & Transportation, Electrical & Electronics, Manufacturing, Aerospace & Defense, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | ABB Group, Emerson Electric, General Electric Company, KUKA, Rockwell Automation, Bosch Rexroth, Fanuc Corporation, Honeywell International, SIEMENS AG and Schneider Electric. |
Key Drivers | • Organizations concerned with worker safety. • Manufacturing industries' growing demand for industrial automation. |
RESTRAINTS | • Huge implementation cost. |
Frequently Asked Questions (FAQ) :
Table of Content:
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Automation and Control Market Segmentation, by product
8.1Introduction
8.2 PAC
8.3 HMI
8.4 DCS
8.5 PLC
8.6 SCADA
8.7 MES
9. Automation and Control Market Segmentation, by application
9.1Introduction
9.2 Safety & Security
9.3 Lighting
9.4 HVAC
9.5 Others
10. Automation and Control Market Segmentation, by end use
10.1 Introduction
10.2 Commercial
10.3 Hospitality
10.4 Retail
10.5 Residential
10.6 Industrial
10.7 Enterprise
10.8 Oil & Gas
10.9 Mining & Metals
10.10 Automotive & Transportation
10.11 Electrical & Electronics
10.12 Manufacturing
10.13 Aerospace & Defense
10.14 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12.Company Profiles
12.1 Rockwell Automation
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 ABB Group
12.3 Emerson Electric
12.4 General Electric Company
12.5 KUKA
12.6 Bosch Rexroth
12.7 Fanuc Corporation
12.8 Honeywell International
12.9 SIEMENS AG
12.10 Schneider Electric
13.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14.Conclusion
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