Automation market size in automotive industry to grow at a CAGR of 3.87% from 2022 to 2027; The demand for enhanced visibility and flexibility in the manufacturing process to boost the market growth - Technavio

NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The automation market in automotive industry size is estimated to grow at a CAGR of 3.87% between 2022 and 2027 and the size of the market is forecast to increase by USD 2,075.44 million, according to Technavio. The emergence of smart manufacturing is the primary trend in the market. Smart manufacturing is enabling industrial advancements with advanced computing, analytics, low-cost sensors, and new levels of connectivity created by the Internet. In addition, to enable smart manufacturing, industrial machines, and robots must be equipped with IoT-integrated microprocessors, microcontrollers, sensors, and switches that can optimize production efficiency. export. To achieve this, IIoT plays an important role in integrating all these systems and transmitting information between control systems. As a result, innovations in sensors and automation solutions lead to raised productivity in the automotive industry. Hence, such factors will boost the growth of the market during the forecast period.  View new Free Sample Report within minutes!

Automation market in Automotive Industry 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automation in automotive industry market report covers the following areas:

• Automation market in Automotive Industry size
• Automation market in Automotive Industry trends
• Automation market in Automotive Industry Analysis
• Automation market in Automotive Industry five forces analysis
• Automation market in Automotive Industry competitive landscape

Automation market in Automotive Industry 2023-2027 : Segmentation
Automation market in Automotive Industry is segmented as below:

• Technology 
• Industrial Sensors
• PLC
• MES
• SCADA
• DCS
• End-user 
• Vehicle Manufacturers
• Component Manufacturers
• Geography 
• APAC
• Europe
• North America
• South America
• Middle East And Africa
• The industrial sensors segment will account for a major share of the market's growth during the forecast period. Industrial sensors detect and measure physical parameters, such as temperature, humidity, pressure, flow, speed, vibration, and position, and convert them into electrical signals that are sent to control systems such as PLCs. Industrial sensors play an important role in automotive manufacturing by ensuring consistent product quality.  Another key factor behind the growth of the market is the emergence of smart sensors. Industry 4.0 adoption involves the use of multiple sensors in manufacturing plants owing to the need for real-time data from remote locations. Hence, these factors will fuel the growth of the segment during the forecast period.

Automation market in Automotive Industry - Market Dynamics

Key Driver - 

The demand for enhanced visibility and flexibility in the manufacturing process is one of the key factors driving the automation market growth in the automotive industry.  Several automation solutions allow automakers to integrate long supply chains into production chains, including DCS, MES, and SCADA. Integrating IIoT with automation solutions in the manufacturing process improves and optimizes factory efficiency, and makes manual labor more efficient. Furthermore, such integration also increases plant visibility and flexibility using advanced analytics and predictive modeling techniques. Hence, such factors are encouraging automation market demand in the automotive industry during the forecast period. 

 Significant Challenge - 

Security challenges of industrial control systems affect the automation market growth in the automotive industry.  Most of the control systems operating in Europe and the US were established in the pre-Internet era. These industrial control systems are not designed to connect or validate received commands, making them vulnerable to security threats. Replacing these old systems is not a good option as it increases costs for the business. Furthermore, one of the common failures of security solutions seen in Operational Technology (OT) infrastructure is their inability to protect legacy systems like SCADA. The open architecture of the SCADA system not only allows for more integration of hardware and software but also increases the risk of security threats. While technical advances are expected to improve productivity, increasing vulnerability to security threats is expected to hinder the adoption of automation solutions in the automotive industry during the forecast period.

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• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Applied Materials Inc., Aurotek Corp., Auto Control Systems, DENSO Corp., Emerson Electric Co., FANUC Bulgaria EOOD, Festo SE and Co. KG, General Electric Co., Kawasaki Heavy Industries Ltd., MIDEA Group, Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yaskawa Electric Corp., and Yokogawa Electric Corp. are some of the major market participants. Although the Demand for enhanced visibility and flexibility in manufacturing will offer immense growth opportunities, Security challenges of industrial control systems will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Companies offering - 

• ABB Ltd: The company offers automation in automative industry such as press automation, body in white, paint, and final assembly.
• DENSO Corp.: The company offers automation in automative industry such as insulated gate bipolar transistors.
• Emerson Electric Co.: The company offers automation in automative industry such as fuel dispensing, components, vehicle systems, fabrication, and assembly.

Automation market in Automotive Industry 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist the automation market in automotive industry during the next five years
• Estimation of the automation market in automotive industry market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the automation market in automotive industry 
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automation market companies in automotive industry 

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Table Of Contents :

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automation market in automotive industry 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global automation market in automotive industry 2017 - 2021 ($ million)

• 4.2 Technology Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

• 6.1 Market segments
• Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)

• 6.2 Comparison by Technology 
• Exhibit 32: Chart on Comparison by Technology
• Exhibit 33: Data Table on Comparison by Technology

• 6.3 Industrial sensors - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Industrial sensors - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Industrial sensors - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Industrial sensors - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Industrial sensors - Year-over-year growth 2022-2027 (%)

• 6.4 PLC - Market size and forecast 2022-2027 
• Exhibit 38: Chart on PLC - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on PLC - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on PLC - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on PLC - Year-over-year growth 2022-2027 (%)

• 6.5 MES - Market size and forecast 2022-2027 
• Exhibit 42: Chart on MES - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on MES - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on MES - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on MES - Year-over-year growth 2022-2027 (%)

• 6.6 SCADA - Market size and forecast 2022-2027 
• Exhibit 46: Chart on SCADA - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on SCADA - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on SCADA - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on SCADA - Year-over-year growth 2022-2027 (%)

• 6.7 DCS - Market size and forecast 2022-2027 
• Exhibit 50: Chart on DCS - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on DCS - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on DCS - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on DCS - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Technology 
• Exhibit 54: Market opportunity by Technology ($ million)
• Exhibit 55: Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 58: Chart on Comparison by End-user
• Exhibit 59: Data Table on Comparison by End-user

• 7.3 Vehicle manufacturers - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Vehicle manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Vehicle manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Vehicle manufacturers - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Vehicle manufacturers - Year-over-year growth 2022-2027 (%)

• 7.4 Component manufacturers - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Component manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Component manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Component manufacturers - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Component manufacturers - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 68: Market opportunity by End-user ($ million)
• Exhibit 69: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 Japan - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.10 US - Market size and forecast 2022-2027 
• Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027 
• Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 ABB Ltd.
• Exhibit 123: ABB Ltd. - Overview
• Exhibit 124: ABB Ltd. - Business segments
• Exhibit 125: ABB Ltd. - Key offerings
• Exhibit 126: ABB Ltd. - Segment focus

• 12.4 DENSO Corp.
• Exhibit 127: DENSO Corp. - Overview
• Exhibit 128: DENSO Corp. - Business segments
• Exhibit 129: DENSO Corp. - Key news
• Exhibit 130: DENSO Corp. - Key offerings
• Exhibit 131: DENSO Corp. - Segment focus

• 12.5 Emerson Electric Co.
• Exhibit 132: Emerson Electric Co. - Overview
• Exhibit 133: Emerson Electric Co. - Business segments
• Exhibit 134: Emerson Electric Co. - Key news
• Exhibit 135: Emerson Electric Co. - Key offerings
• Exhibit 136: Emerson Electric Co. - Segment focus

• 12.6 FANUC Bulgaria EOOD
• Exhibit 137: FANUC Bulgaria EOOD - Overview
• Exhibit 138: FANUC Bulgaria EOOD - Product / Service
• Exhibit 139: FANUC Bulgaria EOOD - Key offerings

• 12.7 Festo SE and Co. KG
• Exhibit 140: Festo SE and Co. KG - Overview
• Exhibit 141: Festo SE and Co. KG - Product / Service
• Exhibit 142: Festo SE and Co. KG - Key offerings

• 12.8 General Electric Co.
• Exhibit 143: General Electric Co. - Overview
• Exhibit 144: General Electric Co. - Business segments
• Exhibit 145: General Electric Co. - Key news
• Exhibit 146: General Electric Co. - Key offerings
• Exhibit 147: General Electric Co. - Segment focus

• 12.9 Kawasaki Heavy Industries Ltd. 
• Exhibit 148: Kawasaki Heavy Industries Ltd. - Overview
• Exhibit 149: Kawasaki Heavy Industries Ltd. - Business segments
• Exhibit 150: Kawasaki Heavy Industries Ltd. - Key news
• Exhibit 151: Kawasaki Heavy Industries Ltd. - Key offerings
• Exhibit 152: Kawasaki Heavy Industries Ltd. - Segment focus

• 12.10 MIDEA Group
• Exhibit 153: MIDEA Group - Overview
• Exhibit 154: MIDEA Group - Business segments
• Exhibit 155: MIDEA Group - Key offerings
• Exhibit 156: MIDEA Group - Segment focus

• 12.11 Mitsubishi Electric Corp. 
• Exhibit 157: Mitsubishi Electric Corp. - Overview
• Exhibit 158: Mitsubishi Electric Corp. - Business segments
• Exhibit 159: Mitsubishi Electric Corp. - Key news
• Exhibit 160: Mitsubishi Electric Corp. - Key offerings
• Exhibit 161: Mitsubishi Electric Corp. - Segment focus

• 12.12 OMRON Corp.
• Exhibit 162: OMRON Corp. - Overview
• Exhibit 163: OMRON Corp. - Business segments
• Exhibit 164: OMRON Corp. - Key news
• Exhibit 165: OMRON Corp. - Key offerings
• Exhibit 166: OMRON Corp. - Segment focus

• 12.13 Rockwell Automation Inc. 
• Exhibit 167: Rockwell Automation Inc. - Overview
• Exhibit 168: Rockwell Automation Inc. - Business segments
• Exhibit 169: Rockwell Automation Inc. - Key news
• Exhibit 170: Rockwell Automation Inc. - Key offerings
• Exhibit 171: Rockwell Automation Inc. - Segment focus

• 12.14 Schneider Electric SE 
• Exhibit 172: Schneider Electric SE - Overview
• Exhibit 173: Schneider Electric SE - Business segments
• Exhibit 174: Schneider Electric SE - Key news
• Exhibit 175: Schneider Electric SE - Key offerings
• Exhibit 176: Schneider Electric SE - Segment focus

• 12.15 Siemens AG
• Exhibit 177: Siemens AG - Overview
• Exhibit 178: Siemens AG - Business segments
• Exhibit 179: Siemens AG - Key news
• Exhibit 180: Siemens AG - Key offerings
• Exhibit 181: Siemens AG - Segment focus

• 12.16 Yaskawa Electric Corp. 
• Exhibit 182: Yaskawa Electric Corp. - Overview
• Exhibit 183: Yaskawa Electric Corp. - Business segments
• Exhibit 184: Yaskawa Electric Corp. - Key offerings
• Exhibit 185: Yaskawa Electric Corp. - Segment focus

• 12.17 Yokogawa Electric Corp. 
• Exhibit 186: Yokogawa Electric Corp. - Overview
• Exhibit 187: Yokogawa Electric Corp. - Business segments
• Exhibit 188: Yokogawa Electric Corp. - Key offerings
• Exhibit 189: Yokogawa Electric Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 190: Inclusions checklist
• Exhibit 191: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 192: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 193: Research methodology
• Exhibit 194: Validation techniques employed for market sizing
• Exhibit 195: Information sources

• 13.5 List of abbreviations 
• Exhibit 196: List of abbreviations

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