0 likes | 13 Views
Global automation and controls market size is expected to reach $202.1 Bn by 2028 at a rate of 9.6%, segmented as by product, programmable logic controller (plc), supervisory control and data acquisition (scada), programmable automation controller
E N D
Automation And Controls Global Market Report 2024 Global Forecast 2024 – 2033 Market Size, Drivers, And Trends Top Market Research Firm 2023! We are honored to be listed as a top company at the forefront of research, by the Business Management Review © The Business Research Company. All Rights Reserved.
Automation And Controls Market Segments The Business Research Company segments the clinical data management systems (cdms) market report as: Programmable Logic Controller (PLC); Supervisory Control And Data Acquisition (SCADA); Programmable Automation Controller (PAC); Distributed Control System (DCS); Human-Machine Interface (HMI); Manufacturing Execution System (MES) By Source By Product By Form Lighting; Heating, Ventilation and Air Conditioning (HVAC); Safety And Security; Other Applications By Application By Application . Other End Users By End Use . . © The Business Research Company. All Rights Reserved.
Market Statistics The automation and controls market size has grown rapidly in recent years. It will grow from $127.13 billion in 2023 to $139.8 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to industrial revolution, computerization, electrification programmable logic controllers (PLCs), digital revolution, internet of things (IoT).The automation and controls market size is expected to see strong growth in the next few years. It will grow to $202.1 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to demand for smart manufacturing, rising labor costs and skills shortages, demand for remote monitoring and management, urbanization and infrastructure development, demand for smart manufacturing. Major trends in the forecast period include embrace of digital twins, technological advancements, augmented reality (AR) and virtual reality (VR), expansion of robotics and cobots, and integration of AI and machine learning. $202.10 B $139.80 B $127.10 B Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers Role of Robotics In Enhancing Automation And Control Market Growth Trends Revolutionizing Manufacturing With Emerson's New MTConnect Integration Region Asia-Pacific is the largest region in the market © The Business Research Company. All Rights Reserved.
Top Players In The Market Major companies operating in the automation and controls market are Hitachi Ltd., Siemens AG, General Electric Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Group, Johnson Controls International PLC, Emerson Electric Co., Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Delta Electronics Inc., Rockwell Automation Inc., Bosch Rexroth AG, OMRON Corporation, Keyence Corporation, Fanuc Corporation, Dassault Systèmes SE, Fuji Electric Co. Ltd., Yaskawa Electric Corporation, KUKA AG, Yokogawa Electric Corporation, Phoenix Contact GmbH & Co. KG, Rittal GmbH & Co. KG, SICK AG, Advantech Co. Ltd., Beckhoff Automation GmbH & Co. KG, National Instruments Corporation, AVEVA Group PLC, B&R Industrial Automation GmbH, Universal Robots A/S Get More Information On The Market Report © The Business Research Company. All Rights Reserved.
7 Reasons Why TBRC Is The Solution You Need 1. Global Macroeconomic Impact: Assess global economic factors' influence on market growth. 2. Market Size Ratios: Explore market size, GDP proportions, and expenditure per capita. 3. Global Perspective: Reports cover 60 geographies for a comprehensive global understanding. 4. Localized Strategies: Create region-specific strategies aligning with market nuances. 5. Investment Insights: Identify growth segments through forecast data and market insights. 6. Competitor Benchmarking: Compare performance against key competitors. 7. Presentation Support: Reports offer reliable data for internal and external presentations. © The Business Research Company. All Rights Reserved.
Americas The Business Research Company, 1295 N Providence Rd, Oxygen, PA 19063, USA ✆ +1 3156230293 Get In Touch Europe The Business Research Company 47 Anchorage Point, 42 Cuba Street, Canary Wharf, London, England, E14 8NE How ever you want to grow and expand, The Business Research Company can help as we provide research consulting solutions for businesses, government agencies consultancies, and market research companies. ✆ +44 207 1930 708 Asia The Business Research Company, 1st Floor, Anshu Colors Building, Road Number 1, Park View Enclave, Jubilee Hills, Hyderabad (India), 500033 info@tbrc.info ✆ +91 8897263534 @The Business Research Company. All rights reserved. © The Business Research Company. All Rights Reserved.
9-16 Your Growth Insights Partner © The Business Research Company. All Rights Reserved.