Industrial Controls and Factory Automation Market Size, Share, Trends, Growth Outlook, Consumption, Production, Company Analysis, Regional Insights and Forecast 2020 - 2027

The industrial control and factory automation market size is expected to hit around USD 235 billion by 2027 from USD 151.9 billion in 2020, at a CAGR of 8.9%.

The growth of this market can be attributed to the emphasis on industrial automation and optimum utilization of resources, increased use of enabling technologies in manufacturing, a rise in the adoption of industrial robots in the manufacturing sector driven by collaborative robots, connected enterprise along with mass production to meet the demands of the growing population, and government initiatives toward the adoption of industrial automation in various industries.

Industrial controls and factory automation use set technologies and automatic control devices that results the automatic operation and control of industrial processes without significant human intervention and achieving superior performance than manual control. These automation devices include PLCs, PCs, PACs, etc. and technologies include various industrial communication systems. It facilitates to increase the product quality, reliability and production rate while reducing production and design cost by adopting new, innovative and integrated technologies and services.

Globally, the industrial controls and factory automation industry market is relatively concentrated as the manufacturing technology of industrial controls and factory automation is relatively high. And some enterprises, like SIEMENS, Mitsubishi Electric and ABB, etc. are well-known for the wonderful performance of their industrial controls and factory automation and related services. The consumption volume of industrial controls and factory automation is related to downstream industries and global economy. Industrial controls and factory automation is widely used in many industries and general manufacturing industry has the largest market share of no more than 35%, which followed by automotive industry of market share of about 30%.

Industrial robots are expected to be largest contributor in components of industrial control and factory automation during forecast period

Industrial robots are likely to hold the largest share of components of the industrial control and factory automation market during the forecast period. Manufacturers are installing industrial robots to make production and distribution easy and efficient. The installation of industrial robots is reducing human intervention in the production process, thereby reducing the cost of manufacturing with improved quality and increased production capacity.

Mining and metals industry likely to show highest growth in process industries of industrial control and factory automation market during forecast period

The mining and metals industry is expected to witness the highest growth rate during the forecast period in process industries. The mining and metals industry is related to the extraction of mineral and metal reserves and the fabrication of metals. The metal industry offers metal working processes such as grinding, milling, spinning, and forging. Mining operations are difficult to execute and manage in remote and hazardous locations. Machinery used in metal processing requires quick and efficient movement of metals with accuracy that is driven by drives and PLCs. Drives provide precise speed and torque control (e.g., cranes), while PLCs provide flexibility to the process. Due to the adoption of automation in this field, it provides better productivity, ensures safety, minimizes wear, enhances reliability, and improves quality.

“Sensors to capture largest market share of global industrial control and factory automation market for components”

Sensors are an essential part of industrial control and factory automation solutions. Manufacturers of sensors are continuously focusing on developing advanced solutions to help end users in enhancing their production efficiency. The smart sensor can transform simple motor into intelligent machines, which inform machine operators about the operating conditions of machines and about their servicing requirements to avoid unexpected machine breakdowns, optimizing the performance of machines. Hence, it is expected to capture the largest market share in the component of the industrial control and factory automation market by 2025.

“Process automation and control in industrial manufacturing plant drives growth for DCS ”

DCS held the largest market share of the industry control and factory automation market. This growth is attributed to a high rate of industrialization in developing economies. Developing countries have expansion and capacity addition plans related to the power sector, which would boost the demand for DCS. DCS provides process automation and control in industrial manufacturing plants that drive the industrial control and factory automation market. The advantages of using DCS systems in manufacturing plants are decision integrity, simplified operations, and increasing productivity. Some of the application areas of DCS are oil & gas, automobile, chemical, food & beverages, and pharmaceuticals industries.

“APAC to be largest market for industrial control and factory automation during forecast period.”

The market in Asia Pacific (APAC) comprises Japan, China, India, and RoAPAC. APAC is expected to be the fastest-growing region for the industrial control and factory automation market due to the technological innovations and high adoption of automation technologies in various industries. The major application areas for industrial control and factory automation in APAC are chemicals, oil & gas, water, semiconductor, electronics, food, and automobiles. China is one of the major players from the APAC region in the industry control and factory automation market. China has been working on an innovative industrial practice by implementing automation technologies in manufacturing. In addition, research institutes and corporates are collaboratively working to improve Chinas manufacturing processes. Further, in China, industrial intellectualization and information integration remain the main focus of the government industrial policy. This initiative is expected to increase the demand for industrial control and factory automation in this country.

Market Analysis and Insights

The research report studies the Industrial Controls and Factory Automation market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.

The global Industrial Controls and Factory Automation market size is projected to reach US$ 194170 million by 2026, from US$ 128090 million in 2020, at a CAGR of 7.2% during 2021-2026.

Global Industrial Controls and Factory Automation Scope and Segment

The global Industrial Controls and Factory Automation market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Industrial Controls and Factory Automation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

by Type, the market is primarily split into

  • Control Systems
  • Measurement and Analytical Products
  • Switches and Safety Components
  • Industrial Robot
  • Others

by Application, this report covers the following segments

  • Oil and Gas
  • Power Industry
  • Automotive
  • General Manufacturing
  • Others

Global Industrial Controls and Factory Automation market: regional analysis, the major regions covered in the report are:

North America

United States

Canada

Europe

Germany

France

U.K.

Italy

Russia

Nordic

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia-Pacific

Latin America

Mexico

Brazil

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The Industrial Controls and Factory Automation key players in this market include:

Siemens

Mitsubishi Electric

ABB

Emerson

Rockwell Automation

Schneider Electric

Keyence

Bosch Rexroth

Honeywell

Fanuc

Omron

Yokogawa Electric

Fuji Electric

KuKa

Inovance Group

General Electric

1 Market Overview of Industrial Controls and Factory Automation
1.1 Industrial Controls and Factory Automation Market Overview
1.1.1 Industrial Controls and Factory Automation Product Scope
1.1.2 Market Status and Outlook
1.2 Global Industrial Controls and Factory Automation Market Size Overview by Region 2016 VS 2020 VS 2027
1.3 Global Industrial Controls and Factory Automation Market Size by Region (2016-2027)
1.4 Global Industrial Controls and Factory Automation Historic Market Size by Region (2016-2020)
1.5 Global Industrial Controls and Factory Automation Market Size Forecast by Region (2021-2027)
1.6 Key Regions, Industrial Controls and Factory Automation Market Size YoY Growth (2016-2027)
1.6.1 North America Industrial Controls and Factory Automation Market Size YoY Growth (2016-2027)
1.6.2 Europe Industrial Controls and Factory Automation Market Size YoY Growth (2016-2027)
1.6.3 Asia-Pacific Industrial Controls and Factory Automation Market Size YoY Growth (2016-2027)
1.6.4 Latin America Industrial Controls and Factory Automation Market Size YoY Growth (2016-2027)
1.6.5 Middle East & Africa Industrial Controls and Factory Automation Market Size YoY Growth (2016-2027)

2 Industrial Controls and Factory Automation Market Overview by Type
2.1 Global Industrial Controls and Factory Automation Market Size by Type: 2016 VS 2020 VS 2027
2.2 Global Industrial Controls and Factory Automation Historic Market Size by Type (2016-2020)
2.3 Global Industrial Controls and Factory Automation Forecasted Market Size by Type (2021-2027)
2.4 Control Systems
2.5 Measurement and Analytical Products
2.6 Switches and Safety Components
2.7 Industrial Robot
2.8 Others

3 Industrial Controls and Factory Automation Market Overview by Application
3.1 Global Industrial Controls and Factory Automation Market Size by Application: 2016 VS 2020 VS 2027
3.2 Global Industrial Controls and Factory Automation Historic Market Size by Application (2016-2020)
3.3 Global Industrial Controls and Factory Automation Forecasted Market Size by Application (2021-2027)
3.4 Oil and Gas
3.5 Power Industry
3.6 Automotive
3.7 General Manufacturing
3.8 Others

4 Global Industrial Controls and Factory Automation Competition Analysis by Players
4.1 Global Industrial Controls and Factory Automation Market Size by Players (2016-2020)
4.2 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Industrial Controls and Factory Automation as of 2019)
4.3 Date of Key Manufacturers Enter into Industrial Controls and Factory Automation Market
4.4 Global Top Players Industrial Controls and Factory Automation Headquarters and Area Served
4.5 Key Players Industrial Controls and Factory Automation Product Solution and Service
4.6 Competitive Status
4.6.1 Industrial Controls and Factory Automation Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans

5 Company (Top Players) Profiles and Key Data
5.1 Siemens
5.1.1 Siemens Profile
5.1.2 Siemens Main Business
5.1.3 Siemens Industrial Controls and Factory Automation Products, Services and Solutions
5.1.4 Siemens Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.1.5 Siemens Recent Developments
5.2 Mitsubishi Electric
5.2.1 Mitsubishi Electric Profile
5.2.2 Mitsubishi Electric Main Business
5.2.3 Mitsubishi Electric Industrial Controls and Factory Automation Products, Services and Solutions
5.2.4 Mitsubishi Electric Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.2.5 Mitsubishi Electric Recent Developments
5.3 ABB
5.5.1 ABB Profile
5.3.2 ABB Main Business
5.3.3 ABB Industrial Controls and Factory Automation Products, Services and Solutions
5.3.4 ABB Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.3.5 Emerson Recent Developments
5.4 Emerson
5.4.1 Emerson Profile
5.4.2 Emerson Main Business
5.4.3 Emerson Industrial Controls and Factory Automation Products, Services and Solutions
5.4.4 Emerson Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.4.5 Emerson Recent Developments
5.5 Rockwell Automation
5.5.1 Rockwell Automation Profile
5.5.2 Rockwell Automation Main Business
5.5.3 Rockwell Automation Industrial Controls and Factory Automation Products, Services and Solutions
5.5.4 Rockwell Automation Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.5.5 Rockwell Automation Recent Developments
5.6 Schneider Electric
5.6.1 Schneider Electric Profile
5.6.2 Schneider Electric Main Business
5.6.3 Schneider Electric Industrial Controls and Factory Automation Products, Services and Solutions
5.6.4 Schneider Electric Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.6.5 Schneider Electric Recent Developments
5.7 Keyence
5.7.1 Keyence Profile
5.7.2 Keyence Main Business
5.7.3 Keyence Industrial Controls and Factory Automation Products, Services and Solutions
5.7.4 Keyence Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.7.5 Keyence Recent Developments
5.8 Bosch Rexroth
5.8.1 Bosch Rexroth Profile
5.8.2 Bosch Rexroth Main Business
5.8.3 Bosch Rexroth Industrial Controls and Factory Automation Products, Services and Solutions
5.8.4 Bosch Rexroth Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.8.5 Bosch Rexroth Recent Developments
5.9 Honeywell
5.9.1 Honeywell Profile
5.9.2 Honeywell Main Business
5.9.3 Honeywell Industrial Controls and Factory Automation Products, Services and Solutions
5.9.4 Honeywell Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.9.5 Honeywell Recent Developments
5.10 Fanuc
5.10.1 Fanuc Profile
5.10.2 Fanuc Main Business
5.10.3 Fanuc Industrial Controls and Factory Automation Products, Services and Solutions
5.10.4 Fanuc Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.10.5 Fanuc Recent Developments
5.11 Omron
5.11.1 Omron Profile
5.11.2 Omron Main Business
5.11.3 Omron Industrial Controls and Factory Automation Products, Services and Solutions
5.11.4 Omron Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.11.5 Omron Recent Developments
5.12 Yokogawa Electric
5.12.1 Yokogawa Electric Profile
5.12.2 Yokogawa Electric Main Business
5.12.3 Yokogawa Electric Industrial Controls and Factory Automation Products, Services and Solutions
5.12.4 Yokogawa Electric Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.12.5 Yokogawa Electric Recent Developments
5.13 Fuji Electric
5.13.1 Fuji Electric Profile
5.13.2 Fuji Electric Main Business
5.13.3 Fuji Electric Industrial Controls and Factory Automation Products, Services and Solutions
5.13.4 Fuji Electric Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.13.5 Fuji Electric Recent Developments
5.14 KuKa
5.14.1 KuKa Profile
5.14.2 KuKa Main Business
5.14.3 KuKa Industrial Controls and Factory Automation Products, Services and Solutions
5.14.4 KuKa Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.14.5 KuKa Recent Developments
5.15 Inovance Group
5.15.1 Inovance Group Profile
5.15.2 Inovance Group Main Business
5.15.3 Inovance Group Industrial Controls and Factory Automation Products, Services and Solutions
5.15.4 Inovance Group Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.15.5 Inovance Group Recent Developments
5.16 General Electric
5.16.1 General Electric Profile
5.16.2 General Electric Main Business
5.16.3 General Electric Industrial Controls and Factory Automation Products, Services and Solutions
5.16.4 General Electric Industrial Controls and Factory Automation Revenue (US$ Million) & (2016-2020)
5.16.5 General Electric Recent Developments

6 North America
6.1 North America Industrial Controls and Factory Automation Market Size by Country
6.2 United States
6.3 Canada

7 Europe
7.1 Europe Industrial Controls and Factory Automation Market Size by Country
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic
7.8 Rest of Europe

8 Asia-Pacific
8.1 Asia-Pacific Industrial Controls and Factory Automation Market Size by Region
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific

9 Latin America
9.1 Latin America Industrial Controls and Factory Automation Market Size by Country
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America

10 Middle East & Africa
10.1 Middle East & Africa Industrial Controls and Factory Automation Market Size by Country
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa

11 Industrial Controls and Factory Automation Market Dynamics
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints

12 Research Finding /Conclusion

13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Proceed To Buy

USD 4500
USD 3800
USD 1900
USD 1200

Customization Offered

  • check-imgCross-segment Market Size and Analysis for Mentioned Segments
  • check-imgAdditional Company Profiles (Upto 5 With No Cost)
  • check-img Additional Countries (Apart From Mentioned Countries)
  • check-img Country/Region-specific Report
  • check-img Go To Market Strategy
  • check-imgRegion Specific Market Dynamics
  • check-imgRegion Level Market Share
  • check-img Import Export Analysis
  • check-imgProduction Analysis
  • check-imgOthers