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Pulished Date April, 2021
ID: 9259
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Process Control Automation Market segmentation based on the Field Devices (Motion & Drives, Relays & Switches & Others), based on Control Systems (Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Manufacturing Execution Systems (MES), Enterprise Resource Planning (ERP) & Product Lifecycle Management (PLM)), based on End-User (Automotive, Packaging, Chemical & Petrochemical, Power, Pharmaceuticals, Food & Beverages, Tobacco, Oil & Gas, Textile, Plastic and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2026.

Pulished: April, 2021
ID: 9259
Pages: 175

Process Control Automation Market Size, Trends & Growth (2021 - 2026)

The global Process Control Automation Market is predicted to exceed US$ 320 Billion by 2026, expanding at a CAGR of 7% over the forecast period.

Automation refers to the mixture of mechanical systems with IT technology. These systems are beneficial to standardize reliable production systems. Flexible monitoring, reduction of waste and optimization of the assembly method are distinct benefits possessed by the automation systems, compared to the standard manual labor. The utilization of advanced technology offers the purchasers an increased quality and standardization of dependable products at abundant lower prices, within a restricted time frame.

Process Control Automation Market Recent Developments:

After a stumble within the market that brought HON to its low price for the amount of the last 52 weeks, Honeywell International Inc. was unable to require a rebound, for now settling with -6.92% of loss for the given period.

Rockwell Automation, Inc. investors are going to be delighted, with the corporate delivering some substantial numbers with its latest results. It had been a positive result, where overall revenues exceeded the expectations by over 3.1% to touch US$ 1.7b. Rockwell Automation also reported a statutory profit of US$2.66, which was a notable 27% above what analysts had forecast.

GE (General Electric) stocks went up by 7.17% for the week, with a monthly jump of two .77% and a quarterly performance of twenty-two .85%, while its annual performance rate touched 25.16%. The straightforward moving average for the amount of the last 20 days is 2.53% for GE stocks with the direct moving average of 21.06% over the previous 200 days.

Drivers and Restraints of the Process automation market:

Drivers:

  • Increasing industrial automation 
  • A rise in investments in the infrastructure sector
  • Growing demand from various end-user verticals for process automation in their business operations
  • Need for enhanced process and energy efficiency
  • Emphasis on cost-cutting and business process improvement
  • Increased focus towards manufacturing in developing economies

Restraints:

  • Lack of skilled workforce 
  • High capital investment 

Process Control Automation Market Segmentation:

The Global Process Control Automation Market is Segmented are as follows:

By product segmentation, the market covers

  • Field Devices
  • Motion 
  • Relays 
  • Drives
  • Switches  
  • Others. 

By Industrial Control Systems its covers 

  • Supervisory Control and Data Acquisition (SCADA)
  • Distributed Control System (DCS) 
  • Programmable Logic Controller (PLC) 
  • Enterprise Resource Planning (ERP) 
  • Product Lifecycle Management (PLM)
  • Manufacturing Execution Systems (MES).

The operations of DCS, PLC, SCADA, and MES are complex and need a highly-skilled workforce. Furthermore, initial investment related to a traverse from an assembly line through an automated production line is predicted to be high. Alongside it, the value involved in training the workers with the usage of the new sophisticated equipment is additionally added, which might be undoubtedly small- and medium-sized end users. 

By End-User segmented on the basis of 

  • Packaging
  • Automotive 
  • Chemical & Petrochemical
  • Power 
  • Pharmaceuticals
  • Plastic
  • Textile
  • Food
  • Beverages & Tobacco
  • Oil & Gas
  • Others.

The oil & gas segment is considered the most significant contributor to the global process control automation followed by chemicals and others. The increasing necessity for new hydrocarbon resources in the oil & gas industry acts as the primary driver of the expansion of this segment in the international marketplace. Solutions like supervisory control and data acquisition distributed control systems, and manufacturing execution systems are vital for remote communications, propelling the overall growth of the oil & gas industry across the world.

Process control automation market Region-wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada

North America's process control automation market is predicted to hold the greatest revenue size during the forecast period, owing to the presence of several digital process control automation vendors in the region. This is also treated to be one of the most advanced regions in terms of technology.

  1. Europe
    1. Norway
    2. Germany
    3. Sweden
  2. Asia Pacific
    1. China
    2. India
    3. Japan

The Asia Pacific process control automation market remains the world’s stable growth market. China is functioning on innovative industrial practice by implementing automation technologies in manufacturing. Besides, research institutes and corporates are collaboratively working to enhance China's manufacturing processes. Companies like Honda (Japan), Toyota (Japan), and Suzuki (Japan) are developing smart factories for manufacturing robots, sensors, wireless technologies, and machine vision systems, thus propelling the expansion of the process control automation market in Japan.

  1. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  2. Middle East and Africa

a. Middle East

b. Africa.

Key Players of Market:

Key players profiled in the global process control automation market report include Rockwell Automation Inc, Honeywell International Inc., ABB Ltd, General Electric Company, Emerson Electric Company, Dassault Systems SE, Autodesk Inc., Mitsubishi Electric Corporation, Siemens AG, Aspen Technology Inc., Robert Bosch GmbH, Texas Instruments Inc. and Johnson Controls International PLC. Company profiles offer various details such as company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

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 Process Control Automation Market, By Field Devices                            

                              6.1.1 Motion & Drives    

                              6.1.2 Relays & Switches 

                              6.1.3 Market Size Estimations & Forecasts (2019-2024)   

                              6.1.4 Y-o-Y Growth Rate Analysis              

                              6.1.5 Market Attractiveness Index           

               6.2 Process Control Automation Market, By Control Systems                       

                              6.2.1 Supervisory Control and Data Acquisition (SCADA)  

                              6.2.2 Distributed Control System (DCS)   

                              6.2.3 Programmable Logic Controller (PLC)          

                              6.2.4 Manufacturing Execution Systems (MES)    

                              6.2.5 Enterprise Resource Planning (ERP)              

                              6.2.6 Product Lifecycle Management (PLM)         

                              6.2.7 Market Size Estimations & Forecasts (2019-2024)   

                              6.2.8 Y-o-Y Growth Rate Analysis              

                              6.2.9 Market Attractiveness Index           

               6.3 Process Control Automation Market, By End-User                     

                              6.3.1 Automotive            

                              6.3.2 Packaging

                              6.3.3 Chemical & Petrochemical

                              6.3.4 Power       

                              6.3.5 Pharmaceuticals    

                              6.3.6 Food & Beverages

                              6.3.7 Oil & Gas  

                              6.3.8 Textile      

                              6.3.9 Plastic       

                              6.3.10 Market Size Estimations & Forecasts (2019-2024) 

                              6.3.11 Y-o-Y Growth Rate Analysis           

                              6.3.12 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 Field Devices    

                              7.2.3 By Control Systems             

                              7.2.4 By End-User           

               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 Field Devices    

                              7.3.3 By Control Systems             

                              7.3.4 By End-User           

               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 Field Devices    

                              7.4.3 By Control Systems             

                              7.4.4 By End-User           

               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 Field Devices    

                              7.5.3 By Control Systems             

                              7.5.4 By End-User           

               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 Field Devices    

                              7.6.3 By Control Systems             

                              7.6.4 By End-User           

8. Key Player Analysis                                   

               8.1 Rockwell Automation Inc                     

                              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 Honeywell International Inc.              

               8.3 ABB Ltd                       

               8.4 General Electric Company                   

               8.5 Emerson Electric Company                  

               8.6 Dassault Systems SE               

               8.7 Autodesk Inc.                           

               8.8 Mitsubishi Electric Corporation                         

               8.9 Siemens AG               

               8.10 Robert Bosch GmbH                            

               8.11 Texas Instruments Inc.                       

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 Airbags Type, Vehicle Type, By Seat Belt type, and 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 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 Process Control Automation Market By Region, From 2021-2026 ( USD Billion )
  2. Global Process Control Automation Market By Field Devices, From 2021-2026 ( USD Billion )
  3. Global Motion & Drives Market By Region, From 2021-2026 ( USD Billion )
  4. Global Relays & Switches Market By Region, From 2021-2026 ( USD Billion )
  5. Global Process Control Automation Market By Control Systems, From 2021-2026 ( USD Billion )
  6. Global Supervisory Control and Data Acquisition (SCADA) Market By Region, From 2021-2026 ( USD Billion )
  7. Global Distributed Control System (DCS) Market By Region, From 2021-2026 ( USD Billion )
  8. Global Programmable Logic Controller (PLC) Market By Region, From 2021-2026 ( USD Billion )
  9. Global Manufacturing Execution Systems (MES) Market By Region, From 2021-2026 ( USD Billion )
  10. Global Enterprise Resource Planning (ERP) Market By Region, From 2021-2026 ( USD Billion )
  11. Global Product Lifecycle Management (PLM) Market By Region, From 2021-2026 ( USD Billion )
  12. Global Process Control Automation Market By End-User, From 2021-2026 ( USD Billion )
  13. Global Automotive Market By Region, From 2021-2026 ( USD Billion )
  14. Global Packaging Market By Region, From 2021-2026 ( USD Billion )
  15. Global Chemical & Petrochemical Market By Region, From 2021-2026 ( USD Billion )
  16. Global Power Market By Region, From 2021-2026 ( USD Billion )
  17. Global Pharmaceuticals Market By Region, From 2021-2026 ( USD Billion )
  18. Global Food & Beverages Market By Region, From 2021-2026 ( USD Billion )
  19. Global Oil & Gas Market By Region, From 2021-2026 ( USD Billion )
  20. Global Textile Market By Region, From 2021-2026 ( USD Billion )
  21. Global Plastic Market By Region, From 2021-2026 ( USD Billion )

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