Overview and Scope
The machine automation controller is an industrial system that combines supervision of multiple integrated subsystems and supervisory control and provides synchronous control of all connected machine devices as well as advanced functions such as robotics, database connectivity, and motion.
Sizing and Forecast
The machine automation controller market size has grown steadily in recent years. It will grow from $37.41 billion in 2023 to $39.17 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to industrial automation evolution, demand for increased productivity, efficiency in material handling, growing complexity in manufacturing, increased focus on quality control, safety compliance requirements..
The machine automation controller market size is expected to see strong growth in the next few years. It will grow to $47.73 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to growth in smart manufacturing, focus on sustainable manufacturing, customizable and modular systems, global supply chain resilience, regulatory push for digitalization.. Major trends in the forecast period include rise of industrial internet of things (iiot), edge computing for real-time processing, focus on cybersecurity, modular and scalable controllers, cloud-based automation solutions, collaborative and safe robotics integration, remote monitoring and maintenance..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/machine-automation-controller-global-market-report
Segmentation & Regional Insights
The machine automation controller market covered in this report is segmented –
1) By Controller Type: Distributed Control System (DCS), Programmable Logic Controller (PLC), Industrial PC (IPC)
2) By Form Factors: IP65, IP20, Other Form Factors (IP40, IP67, and IP69K)
3) By Industry: Food & Beverages, Automotive, Pharmaceutical, Packaging, Media & Telecommunication, Aerospace, Chemicals, Other Industries
North America was the largest region in the machine automation controller market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the machine automation controller market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7935&type=smp
Major Driver Impacting Market Growth
The growing use of robots in the manufacturing sector is expected to propel the growth of the machine automation controller market going forward. Industrial robots are machines that have been programmed to perform manufacturing tasks. In manufacturing, robots are used to perform repetitive tasks, which streamlines the overall assembly workflow. As a result, the growing use of robots in the manufacturing sector increases demand for the machine automation controller market. For instance, in December 2021, according to an article published by the International Federation of Robotics, a Germany-based non-profit organization dedicated to promoting, strengthening, and protecting the robotics industry, the use of industrial robots in factories around the world is rapidly increasing: the new global average of robot density in the manufacturing industries is 126 robots per 10,000 employees, nearly double the number five years ago (2015: 66 units). The average robot density in Asia/Australia is 134 units, 123 units in Europe, and 111 units in the Americas. South Korea, Singapore, Japan, Germany, and Sweden are the top five most automated countries in the world. Therefore, the growing use of robots in the manufacturing sector is driving the growth of the machine automation controller market.
Key Industry Players
Major companies operating in the machine automation controller market report are Omron Corporation, Schneider Electric SE, Rockwell Automation Inc., Emerson Electric Company, Advantech Company Limited, Yokogawa Electric Corporation, Delta Electronics Inc., Kollmorgen, ABB Limited, Mitsubishi Electric Corporation, Parker Hannifin Corporation, American Chemical Society India, NEXCOM International Company Limited, Kontron AG, Bosch Rexroth AG, Beckhoff Automation GmbH & Co. KG, Honeywell International Inc., Siemens AG, Acromag Inc., B&R Automation, Control Techniques, Precise Automation Inc., Danfoss A/S, Eaton Corporation plc, Fuji Electric Co. Ltd., GE Automation & Controls, Hitachi Industrial Equipment Systems Co. Ltd., IDEC Corporation, Lenze SE, Yaskawa Electric Corporation
The machine automation controller market report table of contents includes:
1. Executive Summary
2. Machine Automation Controller Market Characteristics
3. Machine Automation Controller Market Trends And Strategies
4. Machine Automation Controller Market – Macro Economic Scenario
5. Global Machine Automation Controller Market Size and Growth
.
.
.
31. Global Machine Automation Controller Market Competitive Benchmarking
32. Global Machine Automation Controller Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Machine Automation Controller Market
34. Machine Automation Controller Market Future Outlook and Potential Analysis
35. Appendix
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
