COVID-19 Impacts: Global Industrial Automation Control Market will Accelerate at a CAGR of almost 5% through 2020-2024 | Need For Simplification of Complex Manufacturing Activities to Boost Growth | Technavio
Technavio has been monitoring the global industrial automation control market size and it is poised to grow by USD 25.18 billion during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Eaton Corporation Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The need for simplification of complex manufacturing activities has been instrumental in driving the growth of the market. However, exposure to cybersecurity threats might hamper the market growth.
Industrial Automation Control Market 2020-2024 : Segmentation
Industrial Automation Control Market is segmented as below:
Industrial Automation Control Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our industrial automation control market report covers the following areas:
Industrial Automation Control Market size
Industrial Automation Control Market trends
Industrial Automation Control Market industry analysis
This study identifies the virtualization of automation control systems as one of the prime reasons driving the industrial automation control market growth during the next few years.
Industrial Automation Control Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the industrial automation control market, including some of the vendors such as ABB Ltd., Eaton Corporation Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. Backed with competitive intelligence and benchmarking, our research reports on the industrial automation control market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Industrial Automation Control Market 2020-2024 : Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist industrial automation control market growth during the next five years
Estimation of the industrial automation control market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the industrial automation control market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of industrial automation control market vendors
Table Of Contents :
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product
Sensors - Market size and forecast 2019-2024
DCS - Market size and forecast 2019-2024
Drives - Market size and forecast 2019-2024
SCADA - Market size and forecast 2019-2024
PLC - Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by End-user
Market segments
Comparison by End-user
Process industry - Market size and forecast 2019-2024
Discrete industry - Market size and forecast 2019-2024
Market opportunity by End-user
Customer Landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market Drivers ? Demand led growth
Market Challenges
Market Trends
Vendor Landscape
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
ABB Ltd.
Eaton Corp. Plc
Emerson Electric Co.
General Electric Co.
Honeywell International Inc.
OMRON Corp.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Yokogawa Electric Corp.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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