Industrial Automation Market was valued at USD 144.41 Billion in 2022, and it is expected to reach USD 255.63 Billion by 2029, exhibiting a CAGR of 8.5% during the forecast period (2023-2029)
Industrial Automation Market Overview
Industrial Automation Market is growing at faster substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021 to 2029.
The report helps in recognizing the drivers that are driving the market growth and discovering ways to use these drivers as strengths. Restraints can help you to identify characteristics that are restraining the market and help you identify them and decrease or improve them before they become an issue. Opportunities are created by external components like changes in the market, and new consumer trends. This will help you to understand elements that will influence your potential to take advantage of your opportunities. Challenges could create hurdles for your business. The report helps you to identify challenges and ways to encounter them depending on the market scenario.
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Industrial Automation Market Scope
The Industrial Automation market research provides broad market insights for manufacturers, suppliers, distributors, and investors. All stakeholders in the global Industrial Automation market, including industry experts, researchers, journalists, and business researchers, can benefit from the information and statistics provided in this report.
Maximize Market Research report explains how in-depth research on the global Industrial Automation market and develops conclusions about the market’s future growth factors.
Industrial Automation Segmentation
by Components
1. Industrial Robots
2. Machine Vision System
3. Process Analyzer
4. Field Instruments
5. Human Machine Interface (HMI)
6. Industrial PC
7. Industrial Sensors
8. Industrial 3D Printing
9. Vibration Monitoring
by Solutions
1. Supervisory Control And Data Acquisition (SCADA)
2. Programmable Logic Controller (PLC)
3. Distributed Control System (DCS)
4. Manufacturing Execution System (MES)
5. Industrial Safety
6. Plant Asset Management (PAM)
by Industry
1. Oil & Gas
2. Chemicals
3. Pharmaceuticals & Medical Devices
4. Food & Beverages
5. Energy & Power
6. Automotive
7. Machine Manufacturing
8. Water & Wastewater Treatment
9. Electronics & Semiconductors
10. Metals & Mining
11. Others
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Industrial Automation Key Players
1. FANUC (Japan)
2. Yaskawa Electric Corporation (Japan)
3. Toshiba Corporation (Japan)
4. Yokogawa Electric Corporation (Japan)
5. Fuji Electric Co., Ltd. (Japan)
6. Hitachi, Ltd. (Japan)
7. Omron Corporation (Japan)
8. Mitsubishi Electric Corporation (Japan)
9. Keyence Corporation (Japan)
10. Accurate Industrial Controls Pvt. Ltd. (India)
11. Honeywell International Inc (US)
12. Emerson Electric Co. (US)
13. General Electric Company (US)
14. Rockwell Automation, Inc (US)
15. Danaher Corporation (US)
16. NATIONAL INSTRUMENTS CORP (US)
17. Roper Technologies, Inc (US)
18. Voith GmbH (Germany)
19. Siemens AG (Germany)
20. Kuka AG (Germany)
21. Bosch Rexroth Corporation (Germany)
22. Phoenix Contact (Germany)
23. MARCO Limited (UK)
24. Schneider Electric SE (France)
25. Endress+Hauser (Switzerland)
26. ABB Ltd. (Switzerland)
27. Danfoss A/S (Denmark)
28. Tegan Innovations (Ireland)
Regional Analysis
The report on the Industrial Automation Market’s growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
Key Questions answered in the Industrial Automation Market Report are:
- What is Industrial Automation Market?
- What is the forecast period of the Industrial Automation Market?
- What is the competitive scenario of the Industrial Automation market?
- Which region held the largest market share in the Industrial Automation Market?
- What are the opportunities for the Industrial Automation Market?
- What factors are affecting the Industrial Automation market growth?
- Who are the key players of the Industrial Automation market?
- Which company held the largest share in the Industrial Automation market?
- What will be the CAGR of the Industrial Automation market during the forecast period?
- What key trends are likely to emerge in the Industrial Automation market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Industrial Automation#
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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