Market Overview:
The global factory automation and industrial controls market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial control systems and field devices across different industries. The automotive industry is expected to account for the largest share of the global factory automation and industrial controls market in 2018, followed by chemicals & petrochemicals, utilities, pharmaceuticals, food & beverages, oil & gas industries. North America is expected to dominate the global factory automation and industrial controls market in terms of revenue in 2018; however, Asia Pacific is projected to grow at a higher CAGR during the forecast period.
Product Definition:
Factory Automation and Industrial Controls are systems that use computers and other technologies to control manufacturing processes in factories. Factory Automation and Industrial Controls can improve the efficiency, quality, and safety of factory operations.
Field Devices:
Industrial control systems are used to coordinate and monitor the activities at a manufacturing facility. They help in automating the processes through which several industrial devices and machines are controlled. These systems have gained popularity owing to their ability to reduce human intervention, thereby reducing errors that may occur during manual operations.
Industrial Control Systems:
Industrial control systems are used to coordinate and monitor the activities at manufacturing facilities. They help in improving the overall productivity of industrial operations by reducing human errors, monitoring processes continuously and controlling machines & equipment remotely. The system includes devices such as programmable logic controllers (PLC), supervisory control & data acquisition (SCADA) systems, remote terminal units/site computers, etc., which work together to provide efficient automation solutions for industries globally.
Application Insights:
The automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electric vehicles as well as internal combustion engine vehicles across various regions, including Asia Pacific and North America. Furthermore, technological advancements in connected cars that are enabled through advanced safety systems are expected to drive industry growth over the coming years.
Automated guided vehicle (AGV) systems that consist of industrial robots along with cameras, lasers and other sensors are being used in several applications across industries such as chemicals & petrochemicals, pharmaceuticals and food & beverages among others. Such AGV systems help reduce human efforts and increase production capacities by 50%.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising investments in industrial automation and increasing adoption of factory automation systems across various industries, such as automotive, food & beverages, pharmaceuticals, and others. In addition, growing manufacturing sector mainly due to rapid urbanization coupled with favorable government policies aimed at promoting domestic manufacturing activities is anticipated to drive regional demand for industrial control systems.
The Middle East & Africa (MEA) region is projected to exhibit a high CAGR over the forecast period owing to increasing oil production especially from Saudi Arabia and UAE which are amongst major crude producers worldwide. Furthermore, rapidly growing energy sector due primarily but not exclusively to increased petroleum production will drive MEA's demand for industrial controls system applications within facilities including offshore platforms along with other infrastructure projects such as nuclear power plants that require remote monitoring & management solutions.
Growth Factors:
- Increasing demand for automation in manufacturing sector to improve efficiency and productivity
- Rising need for safety and security in industrial plants and facilities
- Growing popularity of Industrial Internet of Things (IIoT) for data-driven decision making
- Proliferation of smart factories with advanced cyber-physical systems
- Emergence of Industry 4.0 concept that integrates various aspects of production, such as design, manufacturing, logistics, and customer service
Scope Of The Report
Report Attributes
Report Details
Report Title
Factory Automation and Industrial Controls Market Research Report
By Type
Field Devices, Industrial Control Systems
By Application
Automotive, Chemicals & Petrochemicals, Utilities, Pharmaceuticals, Food & Beverages, Oil & Gas
By Companies
Rockwell Automation, Honeywell, GE, ABB, Emerson, Dassault Systemes, Autodesk, Mitsubishi Electric, Siemens, Aspen Technology, Bosch, Texas Instruments, Johnson Controls
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Factory Automation and Industrial Controls Market Report Segments:
The global Factory Automation and Industrial Controls market is segmented on the basis of:
Types
Field Devices, Industrial Control Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Chemicals & Petrochemicals, Utilities, Pharmaceuticals, Food & Beverages, Oil & Gas
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rockwell Automation
- Honeywell
- GE
- ABB
- Emerson
- Dassault Systemes
- Autodesk
- Mitsubishi Electric
- Siemens
- Aspen Technology
- Bosch
- Texas Instruments
- Johnson Controls
Highlights of The Factory Automation and Industrial Controls Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Field Devices
- Industrial Control Systems
- By Application:
- Automotive
- Chemicals & Petrochemicals
- Utilities
- Pharmaceuticals
- Food & Beverages
- Oil & Gas
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Factory Automation and Industrial Controls Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Factory automation and industrial controls are systems that allow factories to operate more efficiently. Automation allows machines to do tasks automatically, which can save time and money. Industrial controls help manage the factory environment, including temperature, humidity, and air quality.
Some of the major companies in the factory automation and industrial controls market are Rockwell Automation, Honeywell, GE, ABB, Emerson, Dassault Systemes, Autodesk, Mitsubishi Electric, Siemens, Aspen Technology, Bosch, Texas Instruments, Johnson Controls.
The factory automation and industrial controls market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Factory Automation and Industrial Controls Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Factory Automation and Industrial Controls Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Factory Automation and Industrial Controls Market - Supply Chain
4.5. Global Factory Automation and Industrial Controls Market Forecast
4.5.1. Factory Automation and Industrial Controls Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Factory Automation and Industrial Controls Market Size (000 Units) and Y-o-Y Growth
4.5.3. Factory Automation and Industrial Controls Market Absolute $ Opportunity
5. Global Factory Automation and Industrial Controls Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Factory Automation and Industrial Controls Market Size and Volume Forecast by Type
5.3.1. Field Devices
5.3.2. Industrial Control Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Factory Automation and Industrial Controls Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Factory Automation and Industrial Controls Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Chemicals & Petrochemicals
6.3.3. Utilities
6.3.4. Pharmaceuticals
6.3.5. Food & Beverages
6.3.6. Oil & Gas
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Factory Automation and Industrial Controls Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Factory Automation and Industrial Controls Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Factory Automation and Industrial Controls Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Factory Automation and Industrial Controls Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Factory Automation and Industrial Controls Demand Share Forecast, 2019-2029
9. North America Factory Automation and Industrial Controls Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Factory Automation and Industrial Controls Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Factory Automation and Industrial Controls Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Chemicals & Petrochemicals
9.4.3. Utilities
9.4.4. Pharmaceuticals
9.4.5. Food & Beverages
9.4.6. Oil & Gas
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Factory Automation and Industrial Controls Market Size and Volume Forecast by Type
9.7.1. Field Devices
9.7.2. Industrial Control Systems
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Factory Automation and Industrial Controls Demand Share Forecast, 2019-2029
10. Latin America Factory Automation and Industrial Controls Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Factory Automation and Industrial Controls Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Factory Automation and Industrial Controls Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Chemicals & Petrochemicals
10.4.3. Utilities
10.4.4. Pharmaceuticals
10.4.5. Food & Beverages
10.4.6. Oil & Gas
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Factory Automation and Industrial Controls Market Size and Volume Forecast by Type
10.7.1. Field Devices
10.7.2. Industrial Control Systems
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Factory Automation and Industrial Controls Demand Share Forecast, 2019-2029
11. Europe Factory Automation and Industrial Controls Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Factory Automation and Industrial Controls Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Factory Automation and Industrial Controls Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Chemicals & Petrochemicals
11.4.3. Utilities
11.4.4. Pharmaceuticals
11.4.5. Food & Beverages
11.4.6. Oil & Gas
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Aplication
11.7. Europe Factory Automation and Industrial Controls Market Size and Volume Forecast by Type
11.7.1. Field Devices
11.7.2. Industrial Control Systems
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Factory Automation and Industrial Controls Demand Share, 2019-2029
12. Asia Pacific Factory Automation and Industrial Controls Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Factory Automation and Industrial Controls Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Factory Automation and Industrial Controls Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Chemicals & Petrochemicals
12.4.3. Utilities
12.4.4. Pharmaceuticals
12.4.5. Food & Beverages
12.4.6. Oil & Gas
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Factory Automation and Industrial Controls Market Size and Volume Forecast by Type
12.7.1. Field Devices
12.7.2. Industrial Control Systems
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Factory Automation and Industrial Controls Demand Share, 2019-2029
13. Middle East & Africa Factory Automation and Industrial Controls Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Factory Automation and Industrial Controls Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Factory Automation and Industrial Controls Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Chemicals & Petrochemicals
13.4.3. Utilities
13.4.4. Pharmaceuticals
13.4.5. Food & Beverages
13.4.6. Oil & Gas
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Factory Automation and Industrial Controls Market Size and Volume Forecast by Type
13.7.1. Field Devices
13.7.2. Industrial Control Systems
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Factory Automation and Industrial Controls Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Factory Automation and Industrial Controls Market: Market Share Analysis
14.2. Factory Automation and Industrial Controls Distributors and Customers
14.3. Factory Automation and Industrial Controls Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rockwell Automation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ABB
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Emerson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dassault Systemes
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Autodesk
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsubishi Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Siemens
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Aspen Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bosch
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Texas Instruments
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Johnson Controls
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
