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Pulished Date April, 2021
ID: 9337
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Factory Automation and Industrial Controls Market segmentation by Component (Industrial robots, Machine Vision, Control Valves, Field Instruments, Human-Machine Interface, Industrial PC, Sensors, Industrial 3D Printing), By Solution (SCADA, PLC, DCS, MES, PLM, Functional Safety, PAM), By Application (Flow, Level, Pressure), By Industry (Process Industries, Discrete Industries) - Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2026

Pulished: April, 2021
ID: 9337
Pages: 175

Factory Automation and Industrial Controls Market Overview:

The global Factory Automation and Industrial Controls Market was valued at USD 190.83 billion in 2021 and are likely to reach USD 315.29 billion by 2026, at a CAGR of above 9% over the forecast period 2021 - 2026.

The factory automation and industrial control facilitate cost efficiency, quality of production; standardize manufacturing, reliability, and adaptability within the process of producing. Factory automation and industrial controls offer a perfect mixture of mechanical components and devices and knowledge Technology.

Digitization and Industry 4.0 revolution have significantly stimulated the expansion of automation among various industries, by necessitating the utilization of smarter and automatic solutions, like robotics and control systems, to enhance production processes. The increasing adoption of intelligent systems, components, and smart machinery and equipment, for the development of processes through automation and self-optimization, has resulted in the development of smart factories for planning, supply chain logistics, and merchandise development. 

Factory Automation and Industrial Controls Market Recent Developments:

Today's industrial applications require faster performance and more reliable connections. Emerson's Programmable Automation Controllers feature an in-depth range to support scalable automation and minimize downtime. Redundant intentionally, these compact controllers use PROFINET for better performance and productivity, and are interoperable with most open industry standards. 

Combining the functionality of a distributed system (DCS), electrical system and safety instrumented system (SIS), ABB's 800xA platform will provide big data, delivered in real-time, alongside predictive analytics that supports SABIC making accurate and timely decisions to reinforce the productivity and performance of the pilot plant.

SIMOTION, the proven high-end motion system, features optimal performance for all machine concepts also as maximum modularity. With SCOUT TIA, you'll believe uniform engineering that's integrated within the Integrated Automation Portal (TIA Portal). Drive-integrated SINAMICS safety functions are, in fact, also available for customized safety options. With the new software versions, SIMOTION can now support object-oriented programming (OOP), the OPC UA communication protocol, even as user program tests within the engineering without hardware. Thereby, SIMOTION further optimizes its benefits with reference to modularity, openness, and efficient software development.

Drivers and Restraints of Factory Automation and Industrial Controls Market:

Drivers:

The main focus of industry players on achieving energy efficiency in the manufacturing process is driving the global factory automation and industrial controls market. Additionally, other factors like the internet of things (IoT), favorable government initiatives for improving production activities, combining manufacturing services and engineering technologies, and shifting production base are driving the market. Other drivers are a country-wise investment and development plan for production activities and moving within the manufacturing base. The global factory automation and industrial controls market is predicted to grow substantially in developing economies like Asia-Pacific, which is primarily attributed to the increase within the automation and industry system implementation.

Restraints:

Factors like lack of awareness, limited fund generation for re-investment due to compact capital cycle, narrow geographical diversity and absence of standardization are restraints for the factory automation and industrial controls market. Another limitation for players within the market is a smaller amount of availability of trained professionals who can help the performance of automation and control processes. A major number of commercial units function on a compact budget, especially for small and medium enterprises (SME). This creates limited opportunities for re-investment as profit margins are low. It also acts as a key restraint for the market as not every production facility can afford to take a position within the automation and industrial control systems.

Factory Automation and Industrial Controls Market Segmentation:

By application:

  • Flow 
  • Level 
  • Pressure 

By Component:

  • Industrial Robots 
  • Machine Vision 
  • Control Valves 
  • Field Instruments 
  • Human-Machine Interface 
  • Industrial PC 
  • Sensors 
  • Industrial 3D Printing 

Increased year-on-year robotic automation expenditure is projected to possess a positive impact on the demand for industrial robot systems. The installation of industrial robots reduces the dependence on humans in the manufacturing process, which decreases the production cost and improves quality and production capacity.

By Solution:

  • SCADA 
  • PLC 
  • DCS 
  • MES 
  • PLM 
  • Functional Safety 
  • PAM 

By Industry:

  • Process Industries 
    • Oil & Gas 
    • Power 
    • Food & Beverages 
    • Chemicals 
    • Metals & Mining 
    • Pulp & Paper 
    • Pharmaceuticals 
    • Others (water and wastewater, HVAC, recycling, plastics, printing, cement, glass, rubber, agriculture, furniture & wood and textile) 
  • Discrete Industries 
  • Automotive 
  • Machine Manufacturing 
  • Semiconductor & Electronics 
  • Aerospace & Defense 
  • Medical Devices 
  • Others (ceramics, fabricating, and packaging industries) 

Process industries pave the trail for digital data and analytics which will reduce power grid costs by reducing operations and maintenance prices, improving power station and network efficiency, minimizing unplanned outages and downtime and increasing the operational lifetime of assets. The mining and metals industry is predicted to witness the best growth rate during the outlook period in process industries. The adoption of automation in this field provides better productivity, ensures safety, minimizes wear, enhances reliability, and improves quality.

Factory Automation and Industrial Controls Market Region-wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

Europe factory automation and industrial controls market holds a serious share within the global business. Europe is projected to be a serious consumer due to the extensive applications of factory automation and industrial controls in the automotive industry. Despite China accounting for 25% of the world’s manufacturing activities, its manufacturing productivity may be a mere one-fifth of that of the developed economies. As most of the automation equipment is transported from Germany and Japan, the ‘Made in China’ initiative aims to increase the Asia Pacific’s domestic production of automation hardware and equipment. The rest of the world market is projected to account for a relatively small share of the global factory automation and industrial controls market.

Key Players of Market:

Major players operating in the global industrial control and factory automation market are Emerson (US), ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider (France), Endress+Hauser (Switzerland), Yokogawa (Japan), Honeywell (US), WIKA (Germany), Azbil (Japan), Fuji Electric (Japan), 3D Systems (US), HP (US), FANUC (Japan), STRATASYS (US), Progea (Italy), Hitachi (Japan), Vega (Germany), Danfoss (Denmark), Tegan Innovations (Ireland), Krohne (Germany), Rockwell (US), Chaos Prime (US), and Dwyer (US)

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Factory Automation and Industrial Controls Market, By Component                   

                    6.1.1 Industrial Robots     

                    6.1.2 Machine Vision        

                    6.1.3 Control Valves         

                    6.1.4 Field Instruments     

                    6.1.5 Human-Machine Interface  

                    6.1.6 Industrial PC  

                    6.1.7 Sensors         

                    6.1.8 Industrial 3D Printing         

                    6.1.9 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.10 Y-o-Y Growth Rate Analysis       

                    6.1.11 Market Attractiveness Index       

          6.2 Factory Automation and Industrial Controls Market, By Solution          

                    6.2.1 SCADA

                    6.2.2 PLC     

                    6.2.3 DCS    

                    6.2.4 MES    

                    6.2.5 PLM    

                    6.2.6 Functional Safety     

                    6.2.7 PAM    

                    6.2.8 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.9 Y-o-Y Growth Rate Analysis         

                    6.2.10 Market Attractiveness Index       

          6.3 Factory Automation and Industrial Controls Market, By Application                   

                    6.3.1 Flow    

                    6.3.2 Level   

                    6.3.3 Pressure        

                    6.3.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

          6.4 Factory Automation and Industrial Controls Market, By Industry          

                    6.4.1 Process Industries    

                    6.4.2 Discrete Industries   

                    6.4.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.4.4 Y-o-Y Growth Rate Analysis         

                    6.4.5 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Component         

                    7.2.3 By Solution    

                    7.2.4 By Application

                    7.2.5 By Industry    

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Component         

                    7.3.3 By Solution    

                    7.3.4 By Application

                    7.3.5 By Industry    

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Component         

                    7.4.3 By Solution    

                    7.4.4 By Application

                    7.4.5 By Industry    

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Component         

                    7.5.3 By Solution    

                    7.5.4 By Application

                    7.5.5 By Industry    

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Component         

                    7.6.3 By Solution    

                    7.6.4 By Application

                    7.6.5 By Industry    

8. Key Player Analysis                           

          8.1 Emerson           

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 ABB                  

          8.3 Siemens           

          8.4 General Electric           

          8.5 Schneider Electric                 

          8.6 Endress+Hauser                    

          8.7 Yokogawa                  

          8.8 Honeywell Intenrational Inc             

          8.9 Fuji Electric                 

          8.10 FANUC           

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by Shielding Type, by Heat Application, Application, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Factory Automation and Industrial Controls Market By Region, From 2021-2026 ( USD Billion )
  2. Global Factory Automation and Industrial Controls Market By Component, From 2021-2026 ( USD Billion )
  3. Global Industrial Robots Market By Region, From 2021-2026 ( USD Billion )
  4. Global Machine Vision Market By Region, From 2021-2026 ( USD Billion )
  5. Global Control Valves Market By Region, From 2021-2026 ( USD Billion )
  6. Global Field Instruments Market By Region, From 2021-2026 ( USD Billion )
  7. Global Human-Machine Interface Market By Region, From 2021-2026 ( USD Billion )
  8. Global Industrial PC Market By Region, From 2021-2026 ( USD Billion )
  9. Global Sensors Market By Region, From 2021-2026 ( USD Billion )
  10. Global Industrial 3D Printing Market By Region, From 2021-2026 ( USD Billion )
  11. Global Factory Automation and Industrial Controls Market By Solution, From 2021-2026 ( USD Billion )
  12. Global SCADA Market By Region, From 2021-2026 ( USD Billion )
  13. Global PLC Market By Region, From 2021-2026 ( USD Billion )
  14. Global DCS Market By Region, From 2021-2026 ( USD Billion )
  15. Global MES Market By Region, From 2021-2026 ( USD Billion )
  16. Global PLM Market By Region, From 2021-2026 ( USD Billion )
  17. Global Functional Safety Market By Region, From 2021-2026 ( USD Billion )
  18. Global PAM Market By Region, From 2021-2026 ( USD Billion )
  19. Global Factory Automation and Industrial Controls Market By Application, From 2021-2026 ( USD Billion )
  20. Global Flow Market By Region, From 2021-2026 ( USD Billion )
  21. Global Level Market By Region, From 2021-2026 ( USD Billion )
  22. Global Pressure Market By Region, From 2021-2026 ( USD Billion )
  23. Global Factory Automation and Industrial Controls Market By Industry, From 2021-2026 ( USD Billion )
  24. Global Process Industries Market By Region, From 2021-2026 ( USD Billion )
  25. Global Discrete Industries Market By Region, From 2021-2026 ( USD Billion )

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