Industrial automation software market 2023-2027; A descriptive analysis of the five forces model, market dynamics, and segmentation - Technavio

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- According to Technavio, the global industrial automation software market size is estimated to grow by USD 5,249.42 million from 2022 to 2027. The market is estimated to grow at a CAGR of 2.6% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 39%. For more Insights on market size, Request a sample report

Industrial automation software market - Five Forces
The global cloud data warehouse market is fragmented, and the five forces analysis covers– 

• Bargaining Power of Buyers 
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
• Threat of Substitutes
• Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Industrial automation software market – Customer Landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Industrial automation software market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on the product (SCADA software, MES, DCS software, HMI software, and PLC software), end-user (process industry and discrete industry), and geography (APAC, North America, Europe, Middle East and Africa, and South America). 

• The market growth in the SCADA segment will be significant during the forecast period. The growth of the segment can be attributed to factors such as the rise in smart grid technology in the power industry, the rise in smart wastewater treatment technology, and the need to reduce energy losses in metal, mining, and mineral processing industries.

Geography Overview
By geography, the global industrial automation software market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global industrial automation software market.

• APAC will account for 39% of the market growth during the forecast period. Factors such as the increasing focus on the adoption of technologies such as the IoT, automation systems, edge computing, and the availability of smart sensors that can be integrated with automation software are driving the growth of the industrial automation software market in APAC.

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Industrial automation software market – Market Dynamics

Key factor driving market growth

• The emergence of automation software solutions on the cloud is identified as one of the major growth drivers in the market.
• The demand for cloud-based automation software solutions is increasing in the market.
• Cloud-based solutions help industrial operators to reduce costs, enhance functionality, and achieve greater flexibility.
• Cloud-based automation software eliminates the costs associated with hardware and IT infrastructure.
• The cloud-based architecture allows users to view data on devices such as tablets and smartphones. These devices can also be used as portable HMIs to monitor remote machines and enable field technicians to access and control various processes.
• Many such benefits are increasing the adoption of cloud-based industrial automation solutions among end-users, which is driving the growth of the segment.

Leading trends influencing the market 

• The integration of PLM and ERP in industrial automation software is identified as a key trend in the market.
• Integrating PLM and ERP with industrial automation software helps manufacturers to develop and launch profitable products in discrete industries.
• It optimizes process and product design, reduces the production cost and cycle time, and increases the capacity to manufacture high-quality, innovative products. This enables end-users to quickly adapt to changing market demands.
• This tri-system integration has become a standard practice among end-users for syncing the system of records, orders, and inventory data with the factory floor to meet the actual production requirements for better planning.

Major challenges hindering market growth

• Cybersecurity threats are identified as key challenges in the market.
• Although the adoption of industrial automation software and connected devices improve operational efficiency, it increases the risk of cyber threats.
• Instances of cyberattacks in the manufacturing sector can lead to operational downtime, manipulation of the product development procedure, and theft of sensitive information.
• With the increasing number of product patents and the high volume of confidential data, it is becoming imperative for industrial operators to increase the security level in automation software and solutions, upgrades, and security suits.
• This is increasing the CAPEX for industrial operators, which is expected to negatively affect the growth of the market in focus.

Driver, trend, and challenges are the factors of market dynamics that state about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this industrial automation software market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the industrial automation software market between 2023 and 2027
• Precise estimation of the size of the industrial automation software market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the industrial automation software market industry across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of industrial automation software market vendors

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• The cloud data warehouse market is estimated to grow at a CAGR of 27.38% between 2022 and 2027. The size of the market is forecast to increase by USD 17.74 billion. The growing penetration of IoT-enabled devices is notably driving the cloud data warehouse market growth, although factors such as vendor lock-in issues will impede the market growth.
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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 Product
• 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 industrial automation software market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global industrial automation software market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product 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 Product

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

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

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

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

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

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

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

• 6.8 Market opportunity by Product 
• Exhibit 54: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 55: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 56: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 57: Chart on Comparison by End-user
• Exhibit 58: Data Table on Comparison by End-user

• 7.3 Process industry - Market size and forecast 2022-2027
• Exhibit 59: Chart on Process industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Process industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Process industry - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Process industry - Year-over-year growth 2022-2027 (%)

• 7.4 Discrete industry - Market size and forecast 2022-2027
• Exhibit 63: Chart on Discrete industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Discrete industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Discrete industry - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Discrete industry - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 67: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: 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 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 ABB Ltd. 
• Exhibit 120: ABB Ltd. - Overview
• Exhibit 121: ABB Ltd. - Business segments
• Exhibit 122: ABB Ltd. - Key news
• Exhibit 123: ABB Ltd. - Key offerings
• Exhibit 124: ABB Ltd. - Segment focus

• 12.4 Advantech Co. Ltd. 
• Exhibit 125: Advantech Co. Ltd. - Overview
• Exhibit 126: Advantech Co. Ltd. - Business segments
• Exhibit 127: Advantech Co. Ltd. - Key offerings
• Exhibit 128: Advantech Co. Ltd. - Segment focus

• 12.5 AMETEK Inc. 
• Exhibit 129: AMETEK Inc. - Overview
• Exhibit 130: AMETEK Inc. - Business segments
• Exhibit 131: AMETEK Inc. - Key offerings
• Exhibit 132: AMETEK Inc. - Segment focus

• 12.6 Baosteel Group Corp. 
• Exhibit 133: Baosteel Group Corp. - Overview
• Exhibit 134: Baosteel Group Corp. - Product / Service
• Exhibit 135: Baosteel Group Corp. - Key offerings

• 12.7 Beckhoff Automation GmbH and Co. KG 
• Exhibit 136: Beckhoff Automation GmbH and Co. KG - Overview
• Exhibit 137: Beckhoff Automation GmbH and Co. KG - Product / Service
• Exhibit 138: Beckhoff Automation GmbH and Co. KG - Key offerings

• 12.8 Eaton Corp. Plc 
• Exhibit 139: Eaton Corp. Plc - Overview
• Exhibit 140: Eaton Corp. Plc - Business segments
• Exhibit 141: Eaton Corp. Plc - Key news
• Exhibit 142: Eaton Corp. Plc - Key offerings
• Exhibit 143: Eaton Corp. Plc - Segment focus

• 12.9 Emerson Electric Co 
• Exhibit 144: Emerson Electric Co - Overview
• Exhibit 145: Emerson Electric Co - Business segments
• Exhibit 146: Emerson Electric Co - Key news
• Exhibit 147: Emerson Electric Co - Key offerings
• Exhibit 148: Emerson Electric Co - Segment focus

• 12.10 General Electric Co. 
• Exhibit 149: General Electric Co. - Overview
• Exhibit 150: General Electric Co. - Business segments
• Exhibit 151: General Electric Co. - Key news
• Exhibit 152: General Electric Co. - Key offerings
• Exhibit 153: General Electric Co. - Segment focus

• 12.11 Honeywell International Inc. 
• Exhibit 154: Honeywell International Inc. - Overview
• Exhibit 155: Honeywell International Inc. - Business segments
• Exhibit 156: Honeywell International Inc. - Key news
• Exhibit 157: Honeywell International Inc. - Key offerings
• Exhibit 158: Honeywell International Inc. - Segment focus

• 12.12 Mitsubishi Electric Corp. 
• Exhibit 159: Mitsubishi Electric Corp. - Overview
• Exhibit 160: Mitsubishi Electric Corp. - Business segments
• Exhibit 161: Mitsubishi Electric Corp. - Key news
• Exhibit 162: Mitsubishi Electric Corp. - Key offerings
• Exhibit 163: Mitsubishi Electric Corp. - Segment focus

• 12.13 OMRON Corp. 
• Exhibit 164: OMRON Corp. - Overview
• Exhibit 165: OMRON Corp. - Business segments
• Exhibit 166: OMRON Corp. - Key news
• Exhibit 167: OMRON Corp. - Key offerings
• Exhibit 168: OMRON Corp. - Segment focus

• 12.14 Rockwell Automation Inc. 
• Exhibit 169: Rockwell Automation Inc. - Overview
• Exhibit 170: Rockwell Automation Inc. - Business segments
• Exhibit 171: Rockwell Automation Inc. - Key news
• Exhibit 172: Rockwell Automation Inc. - Key offerings
• Exhibit 173: Rockwell Automation Inc. - Segment focus

• 12.15 Schneider Electric SE 
• Exhibit 174: Schneider Electric SE - Overview
• Exhibit 175: Schneider Electric SE - Business segments
• Exhibit 176: Schneider Electric SE - Key news
• Exhibit 177: Schneider Electric SE - Key offerings
• Exhibit 178: Schneider Electric SE - Segment focus

• 12.16 Siemens AG 
• Exhibit 179: Siemens AG - Overview
• Exhibit 180: Siemens AG - Business segments
• Exhibit 181: Siemens AG - Key news
• Exhibit 182: Siemens AG - Key offerings
• Exhibit 183: Siemens AG - Segment focus

• 12.17 TOSHIBA CORP 
• Exhibit 184: TOSHIBA CORP - Overview
• Exhibit 185: TOSHIBA CORP - Business segments
• Exhibit 186: TOSHIBA CORP - Key offerings
• Exhibit 187: TOSHIBA CORP - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 188: Inclusions checklist
• Exhibit 189: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 190: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 191: Research methodology
• Exhibit 192: Validation techniques employed for market sizing
• Exhibit 193: Information sources

• 13.5 List of abbreviations 
• Exhibit 194: List of abbreviations

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