How Has the Automation And Controls Market Evolved Historically and What is its Current Size?
The automation and controls market has seen considerable growth due to a variety of factors.
• The scale of the automation and controls market has seen significant expansion lately. It is projected to escalate from a market value of $139.8 billion in 2024 to a substantial $153.58 billion in 2025, recording a compound annual growth rate (CAGR) of 9.9%.
The remarkable development during the historic phase is ascribed to factors such as industrial revolution, computerization, programmable logic controllers (PLCs), extensive electrification, the digital revolution, and the advent of the internet of things (IoT).
What is the Forecasted Market Size and CAGR for the Automation And Controls Market?
The automation and controls market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the automation and controls market is predicted to undergo significant expansion in the approaching years. The market is projected to reach a value of $221.75 billion by 2029, with a compound annual growth rate (CAGR) of 9.6%.
This growth during the forecast period can be linked to the emerging demand for smart manufacturing, increasing labor expenses and skills deficits, the necessity for remote supervision and administration, urbanization and improvements in infrastructure, and the rising need for smart manufacturing. Key trends anticipated during the forecast period are the adoption of digital twins, technological progress, augmented reality (AR) and virtual reality (VR), the growth of robotics and cobots, alongside the integration of AI and machine learning.
What Key Factors and Trends Are Driving The Growth Automation And Controls Market?
The rise in the necessity for industrial automation is predicted to fuel the development of the automation and control market moving forward. Industrial automation infers applying robotics, machines, and control systems to do tasks which were typically accomplished by human labor. It carries significant benefits including improved efficiency, productivity, and safety, along with heightened dependability while downsizing operational expenses and human error. Automation and control systems are crucial for industrial automation as they systematize operations, amplify precision and productivity, and guarantee homogeneous quality and safety in manufacturing procedures. To illustrate, based on the International Federation of Robotics, a professional non-profit institution in Germany, in October 2023, it was reported that the sales of professional use service robots hit 158,000 units in 2022, indicating a growth of 48%. Companies are progressively inclining towards automation to tackle staffing deficiencies. Hence, the elevated demand for industrial automation is propelling the advancement of the automation and control market.
What Are The Market Segments In The Automation And Controls Market?
The automation and controls market covered in this report is segmented –
1) By Product: Programmable Logic Controller (PLC), Supervisory Control And Data Acquisition (SCADA), Programmable Automation Controller (PAC), Distributed Control System (DCS), Human-Machine Interface (HMI), Manufacturing Execution System (MES)
2) By Application: Lighting, Heating, Ventilation and Air Conditioning (HVAC), Safety And Security, Other Applications
3) By End Use: Residential, Commercial, Industrial, Oil And Gas, Mining And Metals, Automotive And Transportation, Manufacturing Electrical And Electronics: Other End Users
Subsegments:
1) By Programmable Logic Controller (PLC): Compact PLC, Modular PLC
2) By Supervisory Control And Data Acquisition (SCADA): Hardware SCADA, Software SCADA
3) By Programmable Automation Controller (PAC): High-Performance PAC, Mid-Range PAC
4) By Distributed Control System (DCS): Process DCS, Hybrid DCS
5) By Human-Machine Interface (HMI): Standalone HMI, Software HMI
6) By Manufacturing Execution System (MES): On-Premise MES, Cloud-Based MES
Pre-Book The Automation And Controls Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends Are Shaping The Automation And Controls Market?
Leading firms in the automation and controls market are introducing cutting-edge products like the MTConnect driver to solidify their standing in the industry. The purpose behind such innovations is to amalgamate CNC machines within the intricate IIoT automation network, thereby augmenting comprehensive data scrutiny. For example, Emerson Electric Co., an engineering firm based in the US, in March 2022 revealed an MTConnect driver for its Movicon. NExTTM 4.1.333 platform. This enhanced their industrial control solutions portfolio by facilitating swift and straightforward integration and scalability. This aids in the proficient gather and utilization of essential data from manufacturing assets such as machines, tools, and robots. Integrating it can assist in making informed decisions at both operational and enterprise levels. This read-only solution limits the programming of axis-specific parameters, though it noticeably expands Movicon.NExT's ability to absorb production data within manufacturing settings.
Who Are the Key Players In The Automation And Controls Market?
Major companies operating in the automation and controls market are:
• Hitachi Ltd.
• Siemens AG
• General Electric Company
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Honeywell International Inc.
• ABB Group
• Johnson Controls International PLC
• Emerson Electric Co.
• Parker Hannifin Corporation
• Kawasaki Heavy Industries Ltd.
• Delta Electronics Inc.
• Rockwell Automation Inc.
• Bosch Rexroth AG
• OMRON Corporation
• Keyence Corporation
• Fanuc Corporation
• Dassault Systèmes SE
• Fuji Electric Co. Ltd.
• Yaskawa Electric Corporation
• KUKA AG
• Yokogawa Electric Corporation
• Phoenix Contact GmbH & Co. KG
• Rittal GmbH & Co. KG
• SICK AG
• Advantech Co. Ltd.
• Beckhoff Automation GmbH & Co. KG
• National Instruments Corporation
• AVEVA Group PLC
• B&R Industrial Automation GmbH
• Universal Robots A/S
What Are The Regional Insights Into The Automation And Controls Market?
Asia-Pacific was the largest region in the automation and controls market in 2024. The regions covered in the automation and controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
