Acumen research and consulting estimates that the global industrial control and factory automation market is anticipated to reach market size of around US$ 230 Bn by 2027 and is anticipated to grow at a CAGR of around 9% in terms of revenue during the forecast period 2020 – 2027.
The size of the market for industrial control and factory automation consists of different software and equipment to reduce the human interface in various industries. IT systems help to restructure the processes, eliminate bugs, maximize productivity and increase functional efficiency overall. The increasing focuses on cost reduction and need for reliability has been aimed at the tight demand of these systems during a number of processes.
Market Insights
Automation in manufacturing has increased as a main driver for the growth of the industrial control and factory automation market. An increase in the demand for industrial control and factory automation contributes to the increasing need for advanced equipment for better technical purposes. Automated goods not only boost efficiency, they also manufacture them at lower production costs, increasing the average margin of productivity of the manufacturer. Industrial control and factory automation market growth are propelled by a need for high production and yields, a shortage of work and increased emphasis on increased efficiency and exactness to achieve high yields and productivity. Automation has been an important part of the manufacturing, energy, oil and gas, coal, rail and transport sectors and will also contribute to the development of the global industrial control and factory automation markets in those sectors. In addition, government initiatives to assist new technologies industries will also boost the industrial control and factory automation market during the forecast period.
The high initial installation cost and lack of awareness of the quality of finished products made with automation, however, will operate as restraints on the global industrial control and factory automation market. Furthermore, the limited availability for the automation and control processes by skilled professionals may also serve as a constraint to this market.
Report coverage
The market research study on “Industrial Control and Factory Automation Market (By Control System: Distributed Control System (DCS), Supervisory Control and Data Acquisition System (SCADA), Manufacturing Execution System (MES), Safety Instrumented System (SIS), Programmable Logic Controller (PLC), Human Machine Interface (HMI); By Components: Sensors, Controllers, Switches & Relays, Industrial Robots, Drives, Others; By End User: Automotive Manufacturing, Food & Beverage, Oil & Gas Processing, Mining, Others) - Global Industry, Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global industrial control and factory automation market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global industrial control and factory automation market are drug class, type, distribution channel and major geographic regions. The industrial control and factory automation market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
9The largest market for industrial control and factory automation has been Asia-Pacific in 2019. China's emergence as a global producing hub, as well as the growing penetration of advanced automation technology in the region's processing industries, are the major drivers of the market growth. The industrial control & factory automation market in North America and Europe is growing slightly. Existing automation technology is primarily replenished with smarter and greener industrial automation systems, and this growth is expected in these areas. The major customers in the developing world are projected to be countries like, Germany, Britain, Italy, the U.S. and Canada.
Key Players
Major players included in this report ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Corporation, Schneider Electric SA, Omron Corporation, Rockwell Automation, Inc., GE Company, Yokogawa Electric Corporation, and others.
The global industrial control and factory automation market is segmented as below:
Market Segmentation
Industrial Control and Factory Automation Market By Control Systems
Distributed Control System (DCS)
Supervisory Control and Data Acquisition System (SCADA)
Manufacturing Execution System (MES)
Safety Instrumented System (SIS)
Programmable Logic Controller (PLC)
Human Machine Interface (HMI)
Industrial Control and Factory Automation Market By Components
Sensors
Controllers
Switches & Relays
Industrial Robots
Drives
Others
Industrial Control and Factory Automation Market By End User
Automotive Manufacturing
Food & Beverage
Oil & Gas Processing
Mining
Others
Industrial Control and Factory Automation Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Industrial Control and Factory Automation
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Industrial Control and Factory Automation Market By Control Systems
1.2.2.1. Global Industrial Control and Factory Automation Market Revenue and Growth Rate Comparison By Control Systems(2020-2027)
1.2.2.2. Global Industrial Control and Factory Automation Market Revenue Share By Control Systems in 2019
1.2.2.3. Distributed Control System (DCS)
1.2.2.4. Supervisory Control and Data Acquisition System (SCADA)
1.2.2.5. Manufacturing Execution System (MES)
1.2.2.6. Safety Instrumented System (SIS)
1.2.2.7. Programmable Logic Controller (PLC)
1.2.2.8. Human Machine Interface (HMI)
1.2.3. Industrial Control and Factory Automation Market By Components
1.2.3.1. Global Industrial Control and Factory Automation Market Revenue and Growth Rate Comparison By Components (2020-2027)
1.2.3.2. Global Industrial Control and Factory Automation Market Revenue Share By Components in 2019
1.2.3.2.1. Sensors
1.2.3.2.2. Controllers
1.2.3.2.3. Switches & Relays
1.2.3.2.4. Industrial Robots
1.2.3.2.5. Drives
1.2.3.2.6. Others
1.2.4. Industrial Control and Factory Automation Market By End User
1.2.4.1. Global Industrial Control and Factory Automation Market Revenue and Growth Rate Comparison By End User(2020-2027)
1.2.4.2. Global Industrial Control and Factory Automation Market Revenue Share By End User in 2019
1.2.4.2.1. Automotive Manufacturing
1.2.4.2.2. Food & Beverage
1.2.4.2.3. Oil & Gas Processing
1.2.4.2.4. Mining
1.2.4.2.5. Others
1.2.5. Industrial Control and Factory Automation Market By Geography
1.2.5.1. Global Industrial Control and Factory Automation Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Industrial Control and Factory Automation Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Industrial Control and Factory Automation Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Industrial Control and Factory Automation Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Industrial Control and Factory Automation Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Industrial Control and Factory Automation Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Industrial Control and Factory Automation ANALYSIS
3.1. Capacity and Commercial Production Date of Global Industrial Control and Factory Automation Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Industrial Control and Factory Automation Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Industrial Control and Factory Automation Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Industrial Control and Factory Automation Major Manufacturers in 2019
CHAPTER 4. Industrial Control and Factory Automation MARKET By Control Systems
4.1. Global Industrial Control and Factory Automation Revenue By Control Systems
4.2. Distributed Control System (DCS)
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Supervisory Control and Data Acquisition System (SCADA)
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Manufacturing Execution System (MES)
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Safety Instrumented System (SIS)
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.6. Programmable Logic Controller (PLC)
4.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.7. Human Machine Interface (HMI)
4.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Industrial Control and Factory Automation MARKET By Components
5.1. Global Industrial Control and Factory Automation Revenue By Components
5.2. Sensors
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Controllers
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Switches & Relays
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Industrial Robots
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Drives
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Industrial Control and Factory Automation MARKET By End User
6.1. Global Industrial Control and Factory Automation Revenue By End User
6.2. Automotive Manufacturing
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Food & Beverage
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Oil & Gas Processing
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.5. Mining
6.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.6. Others
6.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Industrial Control and Factory Automation MARKET BY COUNTRY
7.1. North America Industrial Control and Factory Automation Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Industrial Control and Factory Automation Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Industrial Control and Factory Automation Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Industrial Control and Factory Automation Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Industrial Control and Factory Automation Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Industrial Control and Factory Automation MARKET BY COUNTRY
9.1. Asia-Pacific Industrial Control and Factory Automation Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Industrial Control and Factory Automation Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Industrial Control and Factory Automation MARKET BY COUNTRY
10.1. Latin America Industrial Control and Factory Automation Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Industrial Control and Factory Automation Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Industrial Control and Factory Automation MARKET BY COUNTRY
11.1. Middle East & Africa Industrial Control and Factory Automation Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Industrial Control and Factory Automation Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Control Systems, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By End User, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. ABB Ltd.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Mitsubishi Electric Factory Automation
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Siemens
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Honeywell International Incorporation
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Emerson Electric Corporation
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Schneider Electric SA
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. StrategiesTorpedo Inc.
12.7. Omron Corporation
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Rockwell Automation, Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. GE Company
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Yokogawa Electric Corporation
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
