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Industrial controls and factory automation use set technologies and automatic control devices that results the automatic operation and control of industrial processes without significant human intervention and achieving superior performance than manual control. These automation devices include PLCs, PCs, PACs, etc. and technologies include various industrial communication systems. It facilitates to increase the product quality, reliability and production rate while reducing production and design cost by adopting new, innovative and integrated technologies and services.
Market Analysis and Insights: Global and United States Industrial Controls and Factory Automation Market
This report focuses on global and United States Industrial Controls and Factory Automation market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Industrial Controls and Factory Automation market size is estimated to be worth US$ 147860 million in 2022 and is forecast to a readjusted size of US$ 224400 million by 2028 with a CAGR of 7.2% during the review period. Fully considering the economic change by this health crisis, by Type, Control Systems accounting for % of the Industrial Controls and Factory Automation global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Oil and Gas was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Globally, the industrial controls and factory automation industry market is relatively concentrated as the manufacturing technology of industrial controls and factory automation is relatively high. And some enterprises, like SIEMENS, Mitsubishi Electric and ABB, etc. are well-known for the wonderful performance of their industrial controls and factory automation and related services. The consumption volume of industrial controls and factory automation is related to downstream industries and global economy. Industrial controls and factory automation is widely used in many industries and general manufacturing industry has the largest market share of no more than 35%, which followed by automotive industry of market share of about 30%.
Global Industrial Controls and Factory Automation Scope and Market Size
Industrial Controls and Factory Automation market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Industrial Controls and Factory Automation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Industrial Controls and Factory Automation market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Control Systems
Measurement and Analytical Products
Switches and Safety Components
Industrial Robot
Others
Segment by Application
Oil and Gas
Power Industry
Automotive
General Manufacturing
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Siemens
Mitsubishi Electric
ABB
Emerson
Rockwell Automation
Schneider Electric
Keyence
Bosch Rexroth
Honeywell
Fanuc
Omron
Yokogawa Electric
Fuji Electric
KuKa
Inovance Group
General Electric
Market Analysis and Insights: Global and United States Industrial Controls and Factory Automation Market
This report focuses on global and United States Industrial Controls and Factory Automation market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Industrial Controls and Factory Automation market size is estimated to be worth US$ 147860 million in 2022 and is forecast to a readjusted size of US$ 224400 million by 2028 with a CAGR of 7.2% during the review period. Fully considering the economic change by this health crisis, by Type, Control Systems accounting for % of the Industrial Controls and Factory Automation global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Oil and Gas was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Globally, the industrial controls and factory automation industry market is relatively concentrated as the manufacturing technology of industrial controls and factory automation is relatively high. And some enterprises, like SIEMENS, Mitsubishi Electric and ABB, etc. are well-known for the wonderful performance of their industrial controls and factory automation and related services. The consumption volume of industrial controls and factory automation is related to downstream industries and global economy. Industrial controls and factory automation is widely used in many industries and general manufacturing industry has the largest market share of no more than 35%, which followed by automotive industry of market share of about 30%.
Global Industrial Controls and Factory Automation Scope and Market Size
Industrial Controls and Factory Automation market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Industrial Controls and Factory Automation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Industrial Controls and Factory Automation market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Control Systems
Measurement and Analytical Products
Switches and Safety Components
Industrial Robot
Others
Segment by Application
Oil and Gas
Power Industry
Automotive
General Manufacturing
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Siemens
Mitsubishi Electric
ABB
Emerson
Rockwell Automation
Schneider Electric
Keyence
Bosch Rexroth
Honeywell
Fanuc
Omron
Yokogawa Electric
Fuji Electric
KuKa
Inovance Group
General Electric
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
