Industrial Automation Control Market Worth USD 25.18 Billion During 2020-2024 | Technavio
The industrial automation control market is expected to grow by USD 25.18 billion, progressing at a CAGR of almost 5% during the forecast period.
Click & Get Free Sample Report in Minutes
The increasing focus towards smart factories is one of the major factors propelling market growth. However, factors such as exposure to cybersecurity threats will hamper the market growth.
Industrial Automation Control Market: Product Landscape
Sensors convert a physical quantity into electrical signals and these signal indications are processed through an electronic automation system and portray physical variations or error signals in the device or instrument. Market growth in this segment will be faster than the growth of the market in the drivers SCADA and PLC segment.
Industrial Automation Control Market: Geographic Landscape
The rising industrialization and increasing investments in power, water and wastewater treatment, and food and beverages industries will significantly drive industrial automation control market growth in this region over the forecast period. 45% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for industrial automation control in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Global Playout Automation Market: The playout automation market size has the potential to grow by USD 1.68 bn during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Building Automation and Control Systems Market: The building automation and control systems market size has the potential to grow by USD 27.83 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Companies Covered:
ABB Ltd.
Eaton Corporation Plc
Emerson Electric Co.
General Electric Co.
Honeywell International Inc.
OMRON Corp.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Yokogawa Electric Corp.
What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
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
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Berger Montague advises investors that a securities fraud class action lawsuit has been filed against Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II ("Nextdoor" or the "Company") on behalf of purchasers of Nextdoor's securities...
The "Global Home Infusion Therapy Market: Analysis By Product (Infusion Pumps, Intravenous Sets, IV Cannulas, and Needleless Connectors), By Application, By Route of Administration (Intramuscular, Subcutaneously, and Epidural), By Region Size and...
Emil Davtyan, Founder and Managing Attorney at D.Law, recently joined a panel of legal experts to provide insights on the changing landscape of labor and employment issues....
The "The US Small Household Appliances Market: Analysis By Category, By Product, By Distribution Channel, Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2029" report has been added to ResearchAndMarkets.com's offering.
In 2023,...
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Nextdoor Holdings, Inc. ("Nextdoor" or the "Company") and reminds investors of the April 29, 2024 deadline to seek the role of lead plaintiff in...
The "Aircraft Fuel Cells Market - A Global and Regional Analysis: Focus on Aircraft Type, Fuel Type, Power Output, and Country-Level Analysis - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The global...