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Industrial Controls Global Market Report 2022– By Control system (Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA), Manufacturing Execution System (MES)), By End User (Automotive, Utility, Electronics & Semiconductor, Mining), By Component: Modular Terminal Block, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferulles Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connetors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housings, Power Supplies, Industrial Ethernet, Remote IO) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : October 2022 | SKU CODE : 7243 | Delivery Time: 2-3 business days | Format :


The industrial controls market consists of sales of different types of control systems and related instrumentation. Industrial control systems (ICS) include networks, devices, and systems used to operate and/or automate industrial processes.

The main types of control systems of industrial controls are distributed control systems (DCS), supervisory control and data acquisition system (SCADA,) and manufacturing execution system (MES).  A distributed control system (DCS) is a platform for automated plant or industrial process control and operation. Human -machinerface (HMI), logic solvers, historian, common database, alarm management, and a common engineering suite are all combined into a DCS. The various component used includes modular terminal block relays and optocouplers, surge protectors, marking systems, printing, ferules cable lugs, handtools, testers, enclosure products, PCB connectors, and terminals, heavy-duty connectors, analog signal coconditionerselectronics housings, power supplies, industrial ethernet, and Remote IO. Industrial controls are used by automotive, utility, electronics and semiconductors, mining, and other end-users.

The industrial controls market research report is one of a series of new reports from The Business Research Company that provides industrial controls market statistics, including industrial controls industry global market size, regional shares, competitors with an industrial controls market share, detailed industrial controls market segments, market trends and opportunities, and any further data you may need to thrive in the industrial controls industry. This industrial controls 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.

The global industrial controls market grew from $128.56 billion in 2021 to $137.21 billion in 2022 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The industrial controls market is expected to grow to $169.71 billion in 2026 at a CAGR of 5.5%.

The industrial controls market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Industrial controls are being designed using artificial intelligence (AI) and the internet of things (IoT) that can support energy, telecommunications, surveillance, and other services. Smart city technologies are integrated with electrical and electronic components, thereby benefitting the companies operating in this market. According to a recent forecast in the National Smart Cities Investment Guide of the International Data Corporation (IDC), global investment in smart city projects will total nearly $124 billion in 2020, a rise of 18.9% over 2019.  The concept of smart cities is also increasingly being adopted in developing nations. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China.  

Malicious cyber-attacks due to a lack of security in industrial infrastructure are acting as a restraint on the industrial controls market. Industrial controls are increasingly being integrated with connected sensors and integrated data systems making them vulnerable to cyber-attacks. For instance, 156 tornado alarm systems in the US city of Dallas were hacked forcing authorities to shut down the emergency system.

OEMs are increasingly outsourcing product design and development processes to EMS partners to reduce overall costs and shift from fixed costs to variable costs. Some OEMs are collaborating with EMS partners and moving into new business models such as joint design manufacturing (JDM) and outsourced design manufacturing (ODM). JDM model is further divided into high touch JDM and low touch JDM. ODM model focuses on qualification and system integration testing, thus indicating a shift in the industrial controls manufacturing process.

In September 2020, Dover Corporation, an American conglomerate manufacturer of industrial products acquired XanTec Steuerungs und EDV-Technik (Maag) for an undisclosed amount. The acquisition enhances Maag’s automation solutions offering with the internet of things-enabled technology and positions Maag to grow its presence in aftermarket, remote service, and monitoring solutions for the polymer processing and related markets. XanTec Steuerungs und EDV-Technik (Maag), is a Switzerland-based provider of integrated and customizable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical, and food industries.

Major players in the industrial controls market are ABB Ltd, Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, and Endress+Hauser.

Asia Pacific was the largest region in the industrial controls market in 2021. Western Europe was the second-largest region in the industrial controls market. The regions covered in the industrial controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the industrial controls market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The global industrial controls market is segmented -

1) By Control system: Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA), Manufacturing Execution System (MES)

2) By End User:  Automotive, Utility, Electronics & Semiconductor, Mining, Others

3) By Component: Modular Terminal Block, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferulles Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connetors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housings, Power Supplies, Industrial Ethernet, Remote IO

    Table Of Contents

    1. Executive Summary

    2. Industrial Controls Market Characteristics

    3. Industrial Controls Market Trends And Strategies

    4.  Industrial Controls Market – Macro Economic Scenario

    4.1 COVID-19 Impact On  Industrial Controls Market

    4.2 Ukraine-Russia War Impact On  Industrial Controls Market

    4.3 Impact Of High Inflation On  Industrial Controls Market

    5. Industrial Controls Market Size And Growth

    5.1. Global Industrial Controls Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Industrial Controls Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Industrial Controls Market Segmentation

    6.1. Global Industrial Controls Market, Segmentation  By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Distributed Control System (DCS)

    Supervisory Control & Data Acquisition System (SCADA)

    Manufacturing Execution System (MES)

    6.2. Global Industrial Controls Market, Segmentation  By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

     Automotive

    Utility

    Electronics & Semiconductor

    Mining

    Others  

    6.3. Global Industrial Controls Market, Segmentation  By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Modular Terminal Block

    Relays and Optocouplers

    Surge Protectors

    Marking Systems

    Printing

    Ferulles Cable Lugs

    Handtools

    Testers

    Enclosure Products

    PCB Connetors and Terminals

    Heavy Duty Connectors

    Analog Signal Conditioner

    Electronics Housings

    Power Supplies

    Industrial Ethernet

    7. Industrial Controls Market Regional And Country Analysis

    7.1. Global Industrial Controls Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Industrial Controls Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Industrial Controls Market  

    8.1. Asia-Pacific Industrial Controls 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 Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Industrial Controls Market  

    9.1. China Industrial Controls Market Overview  

    9.2. China Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Industrial Controls Market  

    10.1. India Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Industrial Controls Market  

    11.1. Japan Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Industrial Controls Market  

    12.1. Australia Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Industrial Controls Market  

    13.1. Indonesia Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Industrial Controls Market  

    14.1. South Korea Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Industrial Controls Market  

    15.1. Western Europe Industrial Controls Market Overview

    15.2. Western Europe Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Industrial Controls Market  

    16.1. UK Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Industrial Controls Market  

    17.1. Germany Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Industrial Controls Market  

    18.3. France Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Industrial Controls Market  

    19.1. Eastern Europe Industrial Controls Market Overview

    19.2. Eastern Europe Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Industrial Controls Market  

    20.1. Russia Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Industrial Controls Market  

    21.1. North America Industrial Controls Market Overview

    21.2. North America Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Industrial Controls Market  

    22.1. USA Industrial Controls Market Overview

    22.2. USA Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Industrial Controls Market  

    23.1. South America Industrial Controls Market Overview

    23.2. South America Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Industrial Controls Market  

    24.1. Brazil Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Industrial Controls Market  

    25.1. Middle East Industrial Controls Market Overview

    25.2. Middle East Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Industrial Controls Market  

    26.1. Africa Industrial Controls Market Overview

    26.2. Africa Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Industrial Controls Market Competitive Landscape And Company Profiles

    27.1. Industrial Controls Market Competitive Landscape

    27.2. Industrial Controls Market Company Profiles

    27.2.1. Mitsubishi Electric Factory Automation

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Siemens

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Honeywell International Incorporation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Emerson Electric Company

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Schneider Electric SA

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Industrial Controls Market

    29. Industrial Controls Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Industrial Controls Market, Segmentation  By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Industrial Controls Market, Segmentation  By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Industrial Controls Market, Segmentation  By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Industrial Controls Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Industrial Controls Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Mitsubishi Electric Factory Automation Financial Performance
  • Table 28: Siemens Financial Performance
  • Table 29: Honeywell International Incorporation Financial Performance
  • Table 30: Emerson Electric Company Financial Performance
  • Table 31: Schneider Electric SA Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Industrial Controls Market, Segmentation  By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Industrial Controls Market, Segmentation  By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Industrial Controls Market, Segmentation  By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Industrial Controls Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Industrial Controls Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: China, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: India, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: Japan, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: Australia, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: Indonesia, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: South Korea, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Western Europe, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: UK, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Germany, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: France, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: Russia, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: North America, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: USA, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: South America, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: Brazil, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: Middle East, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Africa, Industrial Controls Market, Segmentation By Control system, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 27: Mitsubishi Electric Factory Automation Financial Performance
  • Figure 28: Siemens Financial Performance
  • Figure 29: Honeywell International Incorporation Financial Performance
  • Figure 30: Emerson Electric Company Financial Performance
  • Figure 31: Schneider Electric SA Financial Performance
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