The Global Industrial Automation Market is poised to grow at a CAGR of around 5.4% over the next decade to reach approximately $179.3 billion by 2025. Some of the prominent trends that the market is witnessing include increased in usage of robots in industries and untapped regions like Asia Pacific shows growth opportunity for the market.
Based on automation type the market is categorized into computer numerical control (CNC) routers, distributed control system (DCS), electronic control units (ECU), human machine interface (HMI), machine vision systems, manufacturing execution systems (MES), plant asset management, product lifecycle management (PLM), programmable logic control systems (PLC), supervisory control and data acquisition (SCADA) and other automation type.
By end user, industrial automation market is segmented into automotive and transportation, chemical, material, and food, energy and power system, environment and building technologies, heavy industries, hydro power, measurement and instrumentation, metals and mining, oil and gas, pulp and paper.
The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
Increased in usage of robots in industries
Untapped regions like Asia Pacific shows growth opportunity for the market
Recent technological developments in industrial automation
Emerson Electric Company
General Electric Company
Honeywell International Inc.
Mitsubishi Electric Corporation
Rockwell Automation, Inc.
Toshiba Machine Corporation Ltd.
Yaskawa Electric Corporation
Yokogawa Electric Corporation
Key Topics Covered:
1 Market Outline
2 Executive Summary
3 Market Overview
4 Industrial Automation Market, By Automation Type