Global Industrial Control and Factory Automation Market

Global Industrial Control and Factory Automation Market, Size, Trends & Analysis with Covid-19 Impact - Forecasts To 2026 By Component (Industrial Robots, Machine Vision, Sensors, Control Valves, Field Instruments, Human-Machine Interface (HMI), Industrial PC, Industrial 3D Printing), By Solution (Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controllers (PLC), Distributed Control Systems (DCS), Manufacturing Execution Systems (MES), Product Lifecycle Management (PLM), Functional Safety, Plant Asset Management (PAM)), By Industry (Process Industry, Discrete Industry), By Region (North America, Europe, Asia Pacific, MEA, and CSA); and Company Market Share Analysis & Competitor Analysis

Category Energy & Power

Format

This report was recently updated on April 18 2024 with the latest and most recent market numbers

Industrial Control and Factory Automation Market: Insights

The global industrial control and factory automation market will be driven at a strong CAGR over the projected period from 2020 to 2026. The ideal combination of mechanical components and devices and computer technology provides industrial management and factory automation. By allowing the use of smarter and digital tools, such as robotics and control systems, to boost manufacturing processes, the digitization and Industry 4.0 revolution has substantially stimulated the growth of automation in different industries. The growing accessibility of industrial robots in the manufacturing industry globally and energy performance in the production process are some of the key factors anticipated to drive growth in the industrial control and factory automation market. Some of the other factors driving the growth of the market are the increasing advancements in technology and effective in cost, manufacturing management, and monitoring, and quick reduction. However, high initial capital investments, volatility in prices of raw materials, and regulatory scenarios by the government are some of the factors that are likely to impede demand development during the forecast period.

Global Industrial Control and Factory Automation Market Size – Forecasts to 2026

Industrial Control and Factory Automation Market: By Component

The market can be segregated into nine segments namely, industrial robots, machine vision, sensors, control valves, field instruments, human-machine interface (HMI), industrial PC, industrial 3D printing on the type of components. Industrial robots will be the fastest-growing segment for having the largest market share in terms of production from 2020-2026. The deployment of industrial robotics eliminates human interference in the manufacturing process, thus lowering manufacturing costs by improving efficiency and increasing manufacturing capabilities. Such interventions are one of the key factors anticipated during the projected timeframe to drive growth in the market.

Global Industrial Control and Factory Automation Market Segmentation

Industrial Control and Factory Automation Market: By Industry

Based on the industry, the market is bifurcated into the process industry and discrete industry. The process industry segment will rise at the highest compound annual growth rate over the projected period. It is further divided into oil & gas, mining & metals, power, paper & pulp, and chemicals, among others. The mining and metals industry is concerned with the exploitation of reserves of minerals and metals and with the development of metals. The increased automation implementations in the mines & metals sector to increase efficiency and enhance worker safety are projected to boost the development of the industrial control and factory automation market growth over the projected period.

Industrial Control and Factory Automation Market

Industrial Control and Factory Automation Market: By Region

Based on the geological description, Europe, NA (North America), MEA (the Middle East & Africa), APAC (Asia Pacific), and CSA (Central & South America) are the market divisions. In terms of industrial control and factory automation, Asia-Pacific is seen as the leading region in the predicted period. Some of the factors driving the market growth are the increasing technological advancements, and high use of technology for automation in different industries. Furthermore, China & India government's increasing intervention to automate multiple industries is expected to fuel factory automation and industrial control growth in the region.

Industrial Control and Factory Automation Market: Share & Competitor Analysis

Some of the key players operating in this market include Endress+Hauser, Chaos Prime, Dwyer, Siemens, FANUC, General Electric, Schneider, Vega, Honeywell, Yokogawa, Azbil, 3D Systems, HP, ABB, STRATASYS, Progea, Hitachi, Tegan Innovations, WIKA, Krohne, Danfoss, Rockwell, Fuji Electric, and Emerson, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In January 2020, a new range of Rosemount solid level switches had been introduced by Emerson to improve protection, minimize waste by providing accurate point level control, and facilitate overfill prevention.

Check the Press Release on Global Industrial Control and Factory Automation Market Report

Industrial Control and Factory Automation Market: By Component

Introduction
1. Industrial Control and Factory Automation Market, By Component, 2019-2026 (USD Million)
Industrial Robots
1. Industrial Robots: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  1. Traditional Robots: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  2. Collaborative Industrial Robots: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Machine Vision
1. Machine Vision: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  1. Cameras: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  2. Frame Grabbers, Optics and LED Lighting: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Control Valves
1. Inactive Dry Yeast: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Field Instruments
1. Field Instruments: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Human-Machine Interface (HMI)
1. Human-Machine Interface (HMI): Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Industrial PC
1. Industrial OC: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Sensors
1. Sensors: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Industrial 3D Printing
1. Industrial 3D Printing: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)

Industrial Control and Factory Automation Market: By Solution

Introduction
1. Industrial Control and Factory Automation Market, By Solution, 2019-2026 (USD Million)
Supervisory Control And Data Acquisition (SCADA)
1. Supervisory Control And Data Acquisition (SCADA): Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Programmable Logic Controllers (PLC)
1. Programmable Logic Controllers (PLC): Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Distributed Control Systems (DCS)
1. Distributed Control Systems (DCS): Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Manufacturing Execution Systems (MES)
1. Manufacturing Execution Systems (MES): Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Product Lifecycle Management (PLM)
1. Product Lifecycle Management (PLM): Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Functional Safety
1. Functional Safety: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Plant Asset Management (PAM)
1. Plant Asset Management (PAM): Industrial Control and Factory Automation Market, 2019-2026 (USD Million)

Industrial Control and Factory Automation Market: By Industry

Introduction
1. Industrial Control and Factory Automation Market, By Industry, 2019-2026 (USD Million)
Process Industry
1. Process Industry: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  1. Oil & Gas: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  2. Chemicals: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  3. Paper & Pulp: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  4. Pharmaceuticals: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  5. Mining & Metals: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  6. Food & Beverages: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  7. Power: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  8. Others: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
Discrete Industry
1. Discrete Industry: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  1. Automotive: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  2. Machine Manufacturing: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  3. Semiconductors & Electronics: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  4. Aerospace & Defense: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  5. Medical Devices: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)
  6. Others: Industrial Control and Factory Automation Market, 2019-2026 (USD Million)

Industrial Control and Factory Automation Market: By Region

Introduction
1. Global Industrial Control and Factory Automation Market, Regional Analysis, 2019-2026(USD Million)
North America
1. North America Industrial Control and Factory Automation Market, Regional Analysis, 2019-2026(USD Million)
  1. By Component
    1. North America Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
  2. By Solution
    1. North America Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
  3. By Industry
    1. North America Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
  4. By Country
    1. U.S
      1. By Component
        
        U.S. Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        U.S. Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        U.S. Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    2. Canada.
      1. By Component
        
        Canada Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        Canada Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        Canada Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    3. Mexico
      1. By Component
        
        Mexico Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        Mexico Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        Mexico Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
Europe
1. Europe Industrial Control and Factory Automation Market, Regional Analysis, 2019-2026(USD Million)
  1. By Component
    1. Europe Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
  2. By Solution
    1. Europe Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
  3. By Industry
    1. Europe Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
  4. By Country
    1. Germany
      1. By Component
        
        Germany Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        Germany Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        Germany Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    2. UK
      1. By Component
        
        UK Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        UK Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        UK Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    3. France
      1. By Component
        
        France Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        France Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        France Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    4. Italy
      1. By Component
        
        Italy Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        Italy Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        Italy Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
Asia Pacific
1. Asia Pacific Industrial Control and Factory Automation Market, Regional Analysis, 2019-2026(USD Million)
  1. By Component
    1. Asia Pacific Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
  2. By Solution
    1. Asia Pacific Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
  3. By Industry
    1. Asia Pacific Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
  4. By Country
    1. China
      1. By Component
        
        China Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        China Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        China Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    2. Japan
      1. By Component
        
        Japan Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        Japan Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        Japan Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    3. India
      1. By Component
        
        India Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        India Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        India Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    4. South Korea
      1. By Component
        
        South Korea Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        South Korea Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        South Korea Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    5. Rest Of Apac
      1. By Component
        
        Rest Of Apac, Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        Rest Of Apac Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        Rest Of Apac Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
Central & South America
1. Central & South America Industrial Control and Factory Automation Market, Regional Analysis, 2019-2026(USD Million)
  1. By Component
    1. Central & South America Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
  2. By Solution
    1. Central & South America Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
  3. By Industry
    1. Central & South America Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
  4. By Country
    1. Brazil
      1. By Component
        
        Brazil Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        Brazil Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        Brazil Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
Middle East & Africa
1. Middle East & Africa Industrial Control and Factory Automation Market, Regional Analysis, 2019-2026(USD Million)
  1. By Component
    1. Middle East & Africa Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
  2. By Solution
    1. Middle East & Africa Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
  3. By Industry
    1. Middle East & Africa Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
  4. By Country
    1. Saudi Arabia
      1. By Component
        
        Saudi Arabia Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        Saudi Arabia Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        Saudi Arabia Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)
    2. UAE
      1. By Component
        
        UAE Industrial Control and Factory Automation Market, By Component, 2019-2026(USD Million)
      2. By Solution
        
        UAE Industrial Control and Factory Automation Market, By Solution, 2019-2026(USD Million)
      3. By Industry
        
        UAE Industrial Control and Factory Automation Market, By Industry, 2019-2026(USD Million)

The Global Industrial Control and Factory Automation Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Industrial Control and Factory Automation Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Industrial Control and Factory Automation Market.

Industrial Control and Factory Automation Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Industrial Control and Factory Automation Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Industrial Control and Factory Automation Market