Industrial Automation and Control Market

Date: 9/28/2015

Industrial Control and Factory Automation Market by SCADA, PLC, RTU, DCS, MES, & HMI Technology, and Industrial Robot, Machine Vision, Valve, Control Device, & Field Instrument Component

The Industrial Control and Factory Automation Market Is Expected To Reach USD 202.42 Billion by 2020 at A CAGR Of 6.73% from 2015 To 2020

  • By: marketsandmarkets.com
  • Publishing Date: September 2015
  • Report Code: SE 2505

The emergence of the information technology and the inclination of the manufacturing sector towards the adoption of automated technologies have revolutionized the manufacturing sector. Manufacturing is on the brink of a massive change as new connected automated systems are now making their way onto the factory floor, serving as the foundation for creating smart factories. Now, the world is moving towards the next stage of the industrial revolution, where the focus is on building a new generation of cyber-physical systems that improve productivity by delivering fully connected, intelligent manufacturing systems capable of supporting high levels of customization, flexibility, and end-to-end manufacturing process automation.

The main factors driving the industrial control and factory automation market are adoption of IoT and advancement in M2M communication technology in the industrial sector, the need of optimal use of resources, waste reduction, and increase in process efficiency, and adoption of new policy reforms by emerging economies with respect to safety and quality. The next industrial revolution Industry– 4.0 and the growing industrial sector in China are likely to create huge opportunities in the industry control and factory automation market.

The industrial control and factory automation market is expected to reach USD 202.42 Billion by 2020 at a CAGR of 6.73% from 2015 to 2020. This report focuses on detailed segmentations of the market, combined with qualitative and quantitative analyses of each and every aspect of the classification on the basis of technology, component, and industry. All the numbers, at every level of detail, are forecast till 2020, to give a glimpse of the potential market size in terms of value.

Furthermore, in terms of geography, the industrial control and factory automation market has been segmented into the Americas, Europe, Asia-Pacific (APAC), and Rest of the world (RoW). The Americas had the largest market size in the overall industrial control and factory automation market. The market in APAC is expected to grow at the highest CAGR of 7.86% from 2015 to 2020. The growth in APAC can be attributed to the growing industrial sector in emerging countries such as China and India. Factory automation is increasing in China, due to the large number of automotive manufacturing plants

The competitive landscape of the market presents a very interesting picture, wherein many OEMs in this market have partnered with each other. The market is witnessing large scale contracts and new product launches across the value chain with a number of tier-one players around the globe.

Major players in industrial control and factory automation market includes Siemens AG (Germany), Emerson Electric Co. (U.S.), General Electric Company (U.S.), Schneider Electric SA (France), ABB, Ltd. (Switzerland), Honeywell International (U.S.), Mitsubishi Electric (Japan), Yokogawa Electric (Japan), Rockwell Automation (U.S.), and Johnson Controls (U.S.).

The market covered under this report has been segmented as follows:

  • Market by Technology: The industrial control and factory automation market, by technology includes SCADA, PLC & RTU, DCS, MES, PLM, HMI, and Safety.
  • Market by Component: The industrial control and factory automation market, by component includes industrial networks, industrial robots, machine vision, control valves, control devices, field instruments, enclosures, and cables.
  • Market by Industry: The industrial control and factory automation market, by component includes process industry and discrete industry. The process industry include oil & gas, chemical, paper & pulp, pharmaceuticals, mining & metals, food & beverages, electric power generation, petrochemicals & fertilizers, water and waste water management and others. Others in process industries include refining, and cement & glass. The discrete industry include machine manufacturing, automotive & transportation, electrical and electronics, aerospace & defense and others. Others in discrete industry include fabricated metals, furniture & wood products, printing, and plastic and rubber.