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

The "Industrial Automation Market" is thoroughly examined by renowned Alpha Olefin research agency Maximise Market Research. The study includes a competitive analysis, pricing and demand analysis, and significant business insights.

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Industrial Automation Market Scope and Methodology

In order to accurately estimate market size, it carefully analyses segments and sub-segments in both global and regional Industrial Automation marketplaces using a bottom-up methodology. Comprehensive details regarding services, revenue, financial state, portfolios, growth strategies, and geographical presence are provided for major companies in the industry as well as for recent entrants. Along with projecting market size and growth rate, the research also identifies current and emerging trends in the Industrial Automation market. The study offers a thorough examination of the global Industrial Automation market, taking into account monetary values, predictions, and trends. In order to accurately estimate market size, it carefully analyses segments and sub-segments in both global and regional Industrial Automation marketplaces using a bottom-up methodology. Comprehensive details regarding services, revenue, financial state, portfolios, growth strategies, and geographical presence are provided for major companies in the industry as well as for recent entrants.

Along with projecting market size and growth rate, the research also identifies current and emerging trends in the Industrial Automation market. An extensive examination of market trends, demand forecasts, and micro and macro variables influencing the Industrial Automation market is provided in this study. It pinpoints the factors promoting and impeding market expansion. The report provides a thorough understanding of market dynamics by utilising both qualitative and quantitative research approaches, including instruments like Porter's Five Forces analysis, SWOT, and PESTLE analyses. The paper also offers insights into potential trends that are anticipated to influence Industrial Automation demand in the near future.

Industrial Automation Market Regional Insights

To evaluate the state of the Industrial Automation market in nations that are a part of North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, regional analysis is done. These regions serve as a broad division of the Industrial Automation market, enabling a thorough comprehension of the dynamics and state of the market in each location. The study offers a thorough examination of a number of variables, including market size, growth rate, and import-export activity in several geographical areas.

Industrial Automation Market Segmentation

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 Market 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)

Key questions answered in the Industrial Automation Market are:

• What is Industrial Automation?
• What was the Industrial Automation market size in 2022?
• What are the different segments of the Industrial Automation Market?
• What growth strategies are the players considering to increase their presence in Industrial Automation?
• What are the upcoming industry applications and trends for the Industrial Automation Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Industrial Automation Market?
• What major challenges could the Industrial Automation Market face in the future? 
• What segments are covered in the Industrial Automation Market?
• Who are the leading companies and what are their portfolios in Industrial Automation Market? 
• What segments are covered in the Industrial Automation Market?
• Who are the key players in the Industrial Automation market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

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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