Global Industrial Control and Factory Automation Market Report 2024

Industrial Control & Factory Automation Global Market Report 2024 – By Component (Industrial Robots, Machine Vision System, Process Analyzer, Field Instruments, Human–Machine Interface (HMI), Industrial PC, Industrial Sensors, Industrial 3D Printing, Vibration Monitoring, Other Components), By Solution (Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Product Life Cycle Management (PLM), Plant Asset Management (PAM), Functional Safety), By Industry (Process Industry, Discrete Industry) – Market Size, Trends, And Global Forecast 2024-2033

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Industrial Control & Factory Automation Market Definition And Segments

Industrial control and factory automation refer to the process of implementing technologies to automate major industrial control processes and improve production and efficiency.

The main components of industrial control and factory automation are industrial robots, machine vision systems, process analyzers, field instruments, human-machine interface (HMI), industrial PCs, industrial sensors, industrial 3D printing, vibration monitoring, and others. Industrial robots are mechanical machines that are programmed to automate industrial tasks that are used to reduce repetitive manual tasks in the manufacturing process to enhance the productivity of the organization. Major solutions are distributed control system (DCS), supervisory control and data acquisition (SCADA), programmable logic controller (PLC), manufacturing execution system (MES), product life cycle management (PLM), plant asset management (PAM), and functional safety used in industries such as the process industry, and discrete industry.

The industrial control & factory automation market covered in this report is segmented –

1) By Component: Industrial Robots, Machine Vision System, Process Analyzer, Field Instruments, Human–Machine Interface (HMI), Industrial PC, Industrial Sensors, Industrial 3D Printing, Vibration Monitoring, Other Components

2) By Solution: Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Product Life Cycle Management (PLM), Plant Asset Management (PAM), Functional Safety

3) By Industry: Process Industry, Discrete Industry

The industrial control & factory automation market size has grown strongly in recent years. It will grow from $150.24 billion in 2023 to $163.9 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to efficiency and cost reduction goals, adoption of DCS systems, integration of MES systems, human-machine interface (HMI), computer numerical control (CNC).

The industrial control & factory automation market size is expected to see strong growth in the next few years. It will grow to $224.79 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to smart manufacturing practices, emphasis on energy efficiency, artificial intelligence and machine learning integration, rapid adoption of IoT devices, industry 4.0 evolution. Major trends in the forecast period include remote and smart manufacturing, energy efficiency and sustainability, predictive maintenance strategies, edge computing in automation, cybersecurity measures.

Connected Enterprises Fuel Growth In Industrial Control And Factory Automation Market

The emergence of connected enterprises is expected to propel the growth of the industrial control and factory automation market going forward. Connected enterprises are businesses that have digitalized all of their business processes using IoT technology to improve operations. Business process automation is an essential step in making connected enterprises as it helps factories to operate with fewer unskilled resources and allows the organization to utilize these resources for adopting advanced technologies and digitalization systems. For instance, according to the Global Digital Transformation Survey 2021 conducted by Fujitsu, a Japan-based information and communication technology company, which included a survey of 1,200 business leaders across 9 countries, 78% of the respondents effectively responded to COVID-19 pandemic by relying on agility, digitalization, and employee well-being. 44% of the respondents predicted that more than half of their current business processes will be automated by 2025 and business process automation was second on the priority list of the majority of the respondents. Therefore, the increasing number of connected enterprises is driving the growth of the industrial control and factory automation market.

Growth In Vehicle Production Is Anticipated To Fuel The Industrial Control And Factory Automation Market

The growth in vehicle production is expected to propel the growth of the industrial control and factory automation market going forward. A vehicle is a mobile machine designed for transporting people or goods from one place to another. Industrial control and factory automation are used in vehicle production to streamline manufacturing processes, enhance efficiency, and ensure precision in assembly, leading to increased productivity and higher-quality automotive products. For instance, in May 2023, according to the European Automobile Manufacturers Association (ACEA), an Italy-based association, in 2022, 85.4 million motor vehicles were produced around the world, an increase of 5.7% compared to 2021. Therefore, the growth in vehicle production is driving the industrial control and factory automation market.

Major companies operating in the industrial control & factory automation market report are ABB Ltd., Emerson Electric Co., Siemens AG, Schneider Electric SE, Mitsubishi Electric Corporation, General Electric Company, Rockwell Automation Inc., Honeywell International Inc., Yokogawa Electric Corporation, Omron Corporation, Endress+Hauser Group, FANUC Corporation, WIKA Alexander Wiegand SE & Co KG, Dwyer Instruments Inc., Stratasys Ltd., 3D Systems Corporation, Azbil Corporation, Krohne Group, Fuji Electric Co Ltd., Hitachi Ltd., VEGA Grieshaber KG, PINpoint Information Systems Inc., Inxpect SPA, Algolux Inc., Yaskawa America Inc., Roboze SPA, Seiko Epson Corporation, Advantech Co Ltd., RS Americas Inc., Applied Materials Inc., Aspen Technology Inc., Beckhoff Automation GmbH & Co KG, Bosch Rexroth AG, Cognex Corporation, Danaher Corporation, Delta Electronics Inc. .

Product Innovation Gaining Popularity In Industrial Control And Factory Automation Market

Product innovation is a key trend gaining popularity in the industrial control and factory automation market. Major companies operating in the industrial control and factory automation market are introducing new innovative products to sustain their position in the market. For instance, in February 2021, Schneider Electric, France-based digital automation, and energy management company, launched the EcoStruxure Automation Expert industrial automation system. It is first of its first-of-its-kind software-based industrial automation system that allows the user to distribute applications to any system hardware and to build applications using asset-centric components. The system also allows enterprises to achieve maximum workforce optimization and efficiency.

Advanced Systems To Accelerate Digital Transformation

Major companies operating in the industrial control and factory automation market are focused on developing advanced systems such as distributed control systems (DCS) to accelerate digital transformation. A distributed control system (DCS) is a digital automated industrial control system that uses geographically distributed control loops throughout a plant. For instance, in 2023, ABB, a Switzerland-based power and automation technology company, launched its ABB Ability Symphony Plus distributed control system (DCS) with seamless and secure access to an extended digital ecosystem, offering fleet asset management through ABB Ability Genix Asset Performance Management and access to process and alarm data from mobile devices.

Accenture Acquires Brazilian Robotics And Automation Firm Pollux To Enhance Its Abilities To Serve Clients

In April 2021, Accenture, an Ireland-based professional services company acquired Pollux for an undisclosed amount. Accenture's acquisition of Pollux was aimed to enhance its abilities to serve clients in the consumer goods, pharmaceutical, and automotive industries looking to improve the productivity, safety, and sustainability of their factories, plants, and supply chains. Pollux is a Brazil-based provider of industrial robotics and automation solutions.

Asia-Pacific was the largest region in the industrial control & factory automation market share in 2023. The regions covered in the industrial control & factory automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the industrial control & factory automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial control & factory automation market consists of revenues earned by entities by providing services such as control system integration, system installation, and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial control & factory automation market also includes sales of automation cells, conveyors, and special devices such as lifters and turn-over machines that are used in providing industrial control and factory automation services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The industrial control & factory automation market research report is one of a series of new reports from The Business Research Company that provides industrial control & factory automation market statistics, including industrial control & factory automation industry global market size, regional shares, competitors with an industrial control & factory automation market share, detailed industrial control & factory automation market segments, market trends and opportunities, and any further data you may need to thrive in the industrial control & factory automation industry. This industrial control & factory automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial Control & Factory Automation Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $163.9 billion
Revenue Forecast In 2033 $224.79 billion
Growth Rate CAGR of 8.2% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Component: Industrial Robots, Machine Vision System, Process Analyzer, Field Instruments, Human–Machine Interface (HMI), Industrial PC, Industrial Sensors, Industrial 3D Printing, Vibration Monitoring, Other Components
2) By Solution: Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Product Life Cycle Management (PLM), Plant Asset Management (PAM), Functional Safety
3) By Industry: Process Industry, Discrete Industry
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled ABB Ltd.; Emerson Electric Co.; Siemens AG; Schneider Electric SE; Mitsubishi Electric Corporation; General Electric Company; Rockwell Automation Inc.; Honeywell International Inc.; Yokogawa Electric Corporation; Omron Corporation; Endress+Hauser Group; FANUC Corporation; WIKA Alexander Wiegand SE & Co KG; Dwyer Instruments Inc.; Stratasys Ltd.; 3D Systems Corporation; Azbil Corporation; Krohne Group; Fuji Electric Co Ltd.; Hitachi Ltd.; VEGA Grieshaber KG; PINpoint Information Systems Inc; Inxpect SPA; Algolux Inc.; Yaskawa America Inc.; Roboze SPA; Seiko Epson Corporation; Advantech Co Ltd.; RS Americas Inc.; Applied Materials Inc.; Aspen Technology Inc.; Beckhoff Automation GmbH & Co KG; Bosch Rexroth AG; Cognex Corporation; Danaher Corporation; Delta Electronics Inc.
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    Table Of Contents

    1. Executive Summary

    2. Industrial Control & Factory Automation Market Characteristics

    3. Industrial Control & Factory Automation Market Trends And Strategies

    4. Industrial Control & Factory Automation Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Industrial Control & Factory Automation Market Size and Growth

    5.1. Global Industrial Control & Factory Automation Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Industrial Control & Factory Automation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Industrial Control & Factory Automation Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Industrial Control & Factory Automation Market Segmentation

    6.1. Global Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Industrial Robots

    Machine Vision System

    Process Analyser

    Field Instruments

    Human–Machine Interface (HMI)

    Industrial PC

    Industrial Sensors

    Industrial 3D Printing

    Other Components

    6.2. Global Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Distributed Control System (DCS)

    Supervisory Control and Data Acquisition (SCADA)

    Programmable Logic Controller (PLC)

    Manufacturing Execution System (MES)

    Product Life Cycle Management (PLM)

    Plant Asset Management (PAM)

    Functional Safety

    6.3. Global Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Process Industry

    Discrete Industry

    7. Industrial Control & Factory Automation Market Regional And Country Analysis

    7.1. Global Industrial Control & Factory Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Industrial Control & Factory Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Industrial Control & Factory Automation Market  

    8.1. Asia-Pacific Industrial Control & Factory Automation Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Industrial Control & Factory Automation Market  

    9.1. China Industrial Control & Factory Automation Market Overview  

    9.2. China Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Industrial Control & Factory Automation Market  

    10.1. India Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Industrial Control & Factory Automation Market  

    11.1. Japan Industrial Control & Factory Automation Market Overview  

    11.2. Japan Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Industrial Control & Factory Automation Market  

    12.1. Australia Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Industrial Control & Factory Automation Market  

    13.1. Indonesia Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Industrial Control & Factory Automation Market  

    14.1. South Korea Industrial Control & Factory Automation Market Overview  

    14.2. South Korea Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Industrial Control & Factory Automation Market  

    15.1. Western Europe Industrial Control & Factory Automation Market Overview

    15.2. Western Europe Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Industrial Control & Factory Automation Market  

    16.1. UK Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Industrial Control & Factory Automation Market  

    17.1. Germany Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Industrial Control & Factory Automation Market  

    18.5. France Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Industrial Control & Factory Automation Market  

    19.9. Italy Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Industrial Control & Factory Automation Market  

    20.13. Spain Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Industrial Control & Factory Automation Market  

    21.1. Eastern Europe Industrial Control & Factory Automation Market Overview

    21.2. Eastern Europe Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Industrial Control & Factory Automation Market  

    22.1. Russia Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Industrial Control & Factory Automation Market  

    23.1. North America Industrial Control & Factory Automation Market Overview

    23.2. North America Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Industrial Control & Factory Automation Market  

    24.1. USA Industrial Control & Factory Automation Market Overview

    24.2. USA Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Industrial Control & Factory Automation Market  

    25.1. Canada Industrial Control & Factory Automation Market Overview

    25.2. Canada Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Industrial Control & Factory Automation Market  

    26.1. South America Industrial Control & Factory Automation Market Overview

    26.2. South America Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Industrial Control & Factory Automation Market  

    27.1. Brazil Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Industrial Control & Factory Automation Market  

    28.1. Middle East Industrial Control & Factory Automation Market Overview

    28.2. Middle East Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Industrial Control & Factory Automation Market  

    29.1. Africa Industrial Control & Factory Automation Market Overview

    29.2. Africa Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Industrial Control & Factory Automation Market Competitive Landscape And Company Profiles

    30.1. Industrial Control & Factory Automation Market Competitive Landscape

    30.2. Industrial Control & Factory Automation Market Company Profiles

    30.2.1. ABB Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Emerson Electric Co.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Siemens AG

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Schneider Electric SE

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Mitsubishi Electric Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Industrial Control & Factory Automation Market Competitive Benchmarking

    32. Global Industrial Control & Factory Automation Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Industrial Control & Factory Automation Market

    34. Industrial Control & Factory Automation Market Future Outlook and Potential Analysis

    34.1 Industrial Control & Factory Automation Market In 2028 - Countries Offering Most New Opportunities

    34.2 Industrial Control & Factory Automation Market In 2028 - Segments Offering Most New Opportunities

    34.3 Industrial Control & Factory Automation Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Industrial Control & Factory Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Industrial Control & Factory Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: ABB Ltd. Financial Performance
  • Table 75: Emerson Electric Co. Financial Performance
  • Table 76: Siemens AG Financial Performance
  • Table 77: Schneider Electric SE Financial Performance
  • Table 78: Mitsubishi Electric Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Industrial Control & Factory Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Industrial Control & Factory Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: ABB Ltd. Financial Performance
  • Figure 75: Emerson Electric Co. Financial Performance
  • Figure 76: Siemens AG Financial Performance
  • Figure 77: Schneider Electric SE Financial Performance
  • Figure 78: Mitsubishi Electric Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the industrial control & factory automation market?

Industrial control and factory automation refer to the process of implementing technologies to automate major industrial control processes and improve production and efficiency. For further insights on the industrial control & factory automation market, request a sample here

How will the industrial control & factory automation market drivers and restraints affect the industrial control & factory automation market dynamics? What forces will shape the industrial control & factory automation industry going forward?

The industrial control & factory automation market major growth driver - connected enterprises fuel growth in industrial control and factory automation market. For further insights on the industrial control & factory automation market, request a sample here

What is the forecast market size or the forecast market value of the industrial control & factory automation market ?

The industrial control & factory automation market size has grown strongly in recent years. It will grow from $150.24 billion in 2023 to $163.9 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to efficiency and cost reduction goals, adoption of dcs systems, integration of mes systems, human-machine interface (hmi), computer numerical control (cnc).. The industrial control & factory automation market size is expected to see strong growth in the next few years. It will grow to $224.79 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to smart manufacturing practices, emphasis on energy efficiency, artificial intelligence and machine learning integration, rapid adoption of iot devices, industry 4.0 evolution.. Major trends in the forecast period include remote and smart manufacturing, energy efficiency and sustainability, predictive maintenance strategies, edge computing in automation, cybersecurity measures.. For further insights on the industrial control & factory automation market, request a sample here

How is the industrial control & factory automation market segmented?

The industrial control & factory automation market is segmented
1) By Component: Industrial Robots, Machine Vision System, Process Analyser, Field Instruments, Human–Machine Interface (HMI), Industrial PC, Industrial Sensors, Industrial 3D Printing, Vibration Monitoring, Other Components
2) By Solution: Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Product Life Cycle Management (PLM), Plant Asset Management (PAM), Functional Safety
3) By Industry: Process Industry, Discrete IndustryFor further insights on the industrial control & factory automation market, request a sample here

Which region has the largest share of the industrial control & factory automation market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the industrial control & factory automation market share in 2023. The regions covered in the industrial control & factory automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the industrial control & factory automation market, request a sample here.

Who are the major players in the industrial control & factory automation market?

Major companies operating in the industrial control & factory automation market report are ABB Ltd., Emerson Electric Co., Siemens AG, Schneider Electric SE, Mitsubishi Electric Corporation, General Electric Company, Rockwell Automation Inc., Honeywell International Inc., Yokogawa Electric Corporation, Omron Corporation, Endress+Hauser Group, FANUC Corporation, WIKA Alexander Wiegand SE & Co KG, Dwyer Instruments Inc., Stratasys Ltd., 3D Systems Corporation, Azbil Corporation, Krohne Group, Fuji Electric Co Ltd., Hitachi Ltd., VEGA Grieshaber KG, PINpoint Information Systems Inc, Inxpect SPA, Algolux Inc., Yaskawa America Inc., Roboze SPA, Seiko Epson Corporation, Advantech Co Ltd., RS Americas Inc., Applied Materials Inc., Aspen Technology Inc., Beckhoff Automation GmbH & Co KG, Bosch Rexroth AG, Cognex Corporation, Danaher Corporation, Delta Electronics Inc. . For further insights on the industrial control & factory automation market, request a sample here.

What are the key trends in the industrial control & factory automation market?

Major trend in the industrial control & factory automation market - product innovation gaining popularity in industrial control and factory automation market. For further insights on the industrial control & factory automation market, request a sample here.

What are the major opportunities in the industrial control & factory automation market? What are the strategies for the industrial control & factory automation market?

For detailed insights on the major opportunities and strategies in the industrial control & factory automation market, request a sample here.

How does the industrial control & factory automation market relate to the overall economy and other similar markets?

For detailed insights on industrial control & factory automation market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the industrial control & factory automation industry?

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What are the key dynamics influencing the industrial control & factory automation market growth? SWOT analysis of the industrial control & factory automation market.

For detailed insights on the key dynamics influencing the industrial control & factory automation market growth and SWOT analysis of the industrial control & factory automation industry, request a sample here.