Global Industrial Automation Control Systems Market Overview:
As per MRFR analysis, the Industrial Automation Control Systems Market Size was estimated at 262.24 (USD Billion) in 2022. The Industrial Automation Control Systems Market Industry is expected to grow from 278.47(USD Billion) in 2023 to 478.0 (USD Billion) by 2032. The Industrial Automation Control Systems Market CAGR (growth rate) is expected to be around 6.19% during the forecast period (2024 - 2032).
Key Industrial Automation Control Systems Market Trends Highlighted
The Industrial Automation Control Systems market exhibits compelling trends that shape its landscape. Key market drivers include rising demand for automation to enhance efficiency, increased adoption of Industry 4.0 technologies, and government initiatives supporting smart manufacturing. Opportunities abound for vendors in exploring emerging markets, providing customized solutions, and leveraging cloud-based services.
Recent trends witness a surge in artificial intelligence (AI) and machine learning (ML) integration within industrial automation systems, enabling predictive maintenance and optimizing production processes. The adoption of wireless communication technologies, such as 5G, allows for greater connectivity and remote monitoring capabilities. Cybersecurity concerns remain a critical factor, driving the development of robust security solutions to safeguard industrial networks from cyber threats.
The convergence of operational technology (OT) and information technology (IT) presents a growing trend in the market. This convergence enables greater coordination between production systems and business processes, leading to improved decision-making and increased operational efficiency. By leveraging data analytics and visualization tools, industries can gain valuable insights into their operations and make data-driven decisions that enhance productivity and minimize downtime.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Automation Control Systems Market Drivers
Growing Adoption of Automation in Manufacturing
The Industrial Automation Control Systems Market Industry is driven by the rising use of automation technologies in manufacturing. With manufacturers seeking to enhance productivity, efficiency, and quality, they are investing in automated solutions that can perform repetitive tasks, reduce errors, and increase output. This, however, calls for industrial automation control systems to control and monitor these automated processes. Automation automation control systems are also important in ensuring these processes are efficiently run. Therefore, the increasing demand for automation in the automotive, electronics, food and beverage, and other industries is also fueling the growth of the Industrial Automation Control Systems Market Industry.
Rising Demand for Industrial IoT and Industry 4.0
The merging of IIoT and Industry 4.0 is one of the primary factors catalyzing the development of advanced Industrial Automation Control Systems. The implementation of IIoT allows for the collection and analysis of data received from sensors and other devices incorporated into the Industrial control system. This data delivers a comprehensive understanding of how the particular process functions and the measures to be adopted to optimize it. In addition, it permits to identify whether any part of the process requires maintenance. The number of industries in which IIoT and Industry 4.0 are integrated is likely to increase and, as a result, the demand for Industrial Automation control systems compatible with these innovative technologies will continue to rise.
Increasing Focus on Cybersecurity and Data Security
A relative increase in the number of cyberattacks and data breaches results in the necessity to enhance and strengthen the level of cybersecurity employed in the domain of industrial automation systems. IACS, which stands for Industrial Automation Control Systems, are known to be integral to the industrial infrastructure, and any deviations from the established level of their security will have a truly devastating impact. Therefore, quite expectedly, the key security policies and measures used in the environments of industrial automation will include encryption, control of access, and intrusion detection systems. Furthermore, it is assumed that the demand for IACS with the focus on cybersecurity considerations will rise.
Industrial Automation Control Systems Market Segment Insights:
Industrial Automation Control Systems Market Automation Level Insights
The Industrial Automation Control Systems Market can depend on automation level include such as basic automation, advanced automation, and fully integrated automation. Basic automation. Basic automation implies the usage of programmable logic controllers and other simple control devices to automate simple and repeating tasks. This level of automation is used in small and medium manufacturing facilities.
Industrial Automation Control Systems Market for basic automation $ 123.45 bn for 2024 and grow at a CAGR of 5.6% by then.Advanced automation. Advanced automation implies the usage of more sophisticated control systems including distributed control systems and SCADA. This type of automation is more frequent in large manufacturing facilities and provides more flexibility than basic automation does.
Industrial Automation Control Systems Market for advanced automation $ 189.67 bn for 2024 and grow at a CAGR of 6.3% by then. Fully integrated automation. Fully integrated automation implies that a manufacturing operation is controlled by a single automation system. This level of automation is more frequent in modern and advanced manufacturing facilities and provides the highest level of efficiency. Industrial Automation Control Systems Market for fully integrated automation $ 265.89 bn for 2024 and grow at a CAGR of 7.1% by then. The increased usage of automation in this industry is caused by multiple factors including the necessity to make manufacturing facilities more efficient and to reduce costs. The demand for these systems will also be stimulated by the rising popularity of Industry 4.0 technologies such as IIoT and cloud computing.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Automation Control Systems Market Component Type Insights
The Industrial Automation Control Systems Market is divided by Component Type, which includes Supervisory Control and Data Acquisition, Programmable Logic Controllers, Distributed Control Systems, and Robotics. The SCADA segment was responsible for the largest market share in 2023, and the segment is expected to continue to dominate the market over the forecast period. The growth of the segment is attributable to the increasing adoption of SCADA systems in various industries including manufacturing, oil gas, and power generation.
The PLCs segment is expected to experience significant growth over the forecast period due to the growing demand for automation in the manufacturing industries. Growth is also expected to be moderate for the DCS segment due to the increasing use of DCS systems in process industries. The Robotics segment is expected to exhibit the highest growth rate over the forecast period. This growth is due to rapidly increasing adoption of robotics for various applications including manufacturing, healthcare, and coordination.
Industrial Automation Control Systems Market Application Insights
Application Segment Insights and Overview The Industrial Automation Control Systems Market is segmented by application into Manufacturing, Power and Energy, Water and Wastewater, and Oil and Gas. The Manufacturing segment held the largest market share in 2023, accounting for over 40% of the global market revenue. This dominance is attributed to the increasing adoption of automation solutions in manufacturing industries to improve efficiency, productivity, and safety.
The Power and Energy segment is expected to witness significant growth over the forecast period due to the rising demand for Building Automation Control Systems in power plants and renewable energy projects. The Water and Wastewater segment is also projected to grow steadily, driven by government regulations and the need for efficient water management. The Oil and Gas segment is expected to experience moderate growth, supported by the increasing use of automation systems for exploration, production, and refining operations.
Industrial Automation Control Systems Market Communication Protocol Insights
The Communication Protocol segment of the Industrial Automation Control Systems Market is anticipated to exhibit significant growth in the coming years, driven by the increasing adoption of industrial automation solutions Building and the need for efficient and reliable communication networks. EtherCAT, with its high speed and determinism, is gaining traction in applications requiring precise control and synchronization. PROFINET, developed by Siemens, is widely adopted in the automotive and manufacturing sectors, offering high performance and reliability.
Ethernet/IP, based on the Common Industrial Protocol (CIP), provides seamless integration with Rockwell Automation systems and is popular in the process automation industry. As industries continue to automate processes and seek improved efficiency and connectivity, the demand for advanced communication protocols is likely to drive the growth of the Industrial Automation Control Systems Market.
Industrial Automation Control Systems Market Safety Standards Insights
Safety Standards Safety standards play a critical role in the industrial automation control systems market, ensuring the reliability and safety of these systems. Key safety standards include IEC 61508, IEC 62061, and ISO 13849-1. IEC 61508, specifically designed for the functional safety of electrical/electronic/programmable electronic safety-related systems, had a market size of USD 1.2 billion in 2023 and is projected to reach USD 2.1 billion by 2032, growing at a CAGR of 6.5%.
IEC 62061, focusing on the safety of machinery, is expected to witness significant growth in the coming years due to increasing automation in various industries.ISO 13849-1, which provides guidance on the design and validation of safety-related parts of control systems, is also gaining traction as industries prioritize safety and compliance. The adherence to these safety standards ensures the proper functioning of industrial automation control systems, minimizes risks, and enhances overall system performance.
Industrial Automation Control Systems Market Regional Insights
The Industrial Automation Control Systems Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest market for industrial automation control systems, accounting for over 35% of the global market in 2023. The region is home to a large number of industrial automation vendors, as well as a large installed base of industrial automation systems. Europe is the second-largest market for industrial automation control systems, accounting for over 30% of the global market in 2023.
The region has a strong manufacturing sector, which is driving demand for industrial automation systems.APAC is the third-largest market for industrial automation control systems, accounting for over 20% of the global market in 2023. The region is experiencing rapid economic growth, which is driving demand for industrial automation systems. South America and MEA are small markets for industrial automation control systems, but they are expected to grow rapidly in the coming years.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Automation Control Systems Market Key Players and Competitive Insights:
Search for measures to earn a competitive advantage is a continuous process implemented by major players in the Industrial Automation Control Systems Market. Major Industrial Automation Control Systems Market players are investing in research and development to create innovative products and solutions. They are also focusing on geographical expansion to reach new target audiences. The Industrial Automation Control Systems Market expansion is primarily driven by the rising adoption of automation in various industries.
The Industrial Automation Control Systems Market major leading players try to achieve a sustainable economic scale to withstand the current limitation imposed by the government on the corrosion of electronic waste. The efficiency of major market participants is determined on the basis of their competitive advantages. The Industrial Automation Control Systems Market report offers a forward-looking perspective on the critical factors such as the growth drivers and part restraint that determine the outcome of the Industrial Automation Control Systems Market.
Siemens is a principal key market player in the Industrial Automation Control Systems Market. The Siemens Company operates in more than 200 countries. Siemens offers numerous types of product and solutions for enhancing the automation process such as PLCs, DCSs, and HMIs. The company has a customer base in Europe, the Americas, and Asia at its sales office. Siemens put emphasis on developing innovative products and solutions to meet the requirements of customers. Honeywell is another dominant player in the Industrial Automation Control Systems Market. The company offers several types of products and solutions as Siemens such as PLCs, DCSs, and HMIs. Honeywell operates its customer bases in North America, Europe, and Asia at its sales office. The Honeywell company focuses on providing the customer with integrated solutions that enhance productivity and efficiency.
Key Companies in the Industrial Automation Control Systems Market Include:
- Honeywell International
- Kuka
- Phoenix Contact
- ABB Robotics
- General Electric
- Yaskawa
- ABB
- Schneider Electric
- FANUC
- Emerson Electric
- Mitsubishi Electric
- Omron
- Yokogawa Electric
- Rockwell Automation
- Siemens
Industrial Automation Control Systems Market Industry Developments
Recent developments in the Industrial Automation Control Systems Market include the growing adoption of Industrial Internet of Things (IIoT) and Industry 4.0 technologies, increasing demand for automated solutions to enhance efficiency and productivity, and government initiatives promoting digital transformation in industrial sectors.
Key current affairs shaping the market include strategic partnerships and acquisitions among industry players, such as the recent collaboration between Siemens and Rockwell Automation to enhance their automation offerings. Moreover, the focus on sustainability and energy efficiency is driving the demand for smart and connected automation systems. These trends indicate a promising future for the Industrial Automation Control Systems Market, with a projected market size of USD 478.0 billion by 2032, exhibiting a CAGR of 6.19% during the forecast period (2024-2032).
Industrial Automation Control Systems Market Segmentation Insights
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Industrial Automation Control Systems Market Automation Level Outlook
- Basic Automation
- Advanced Automation
- Fully Integrated Automation
-
Industrial Automation Control Systems Market Component Type Outlook
- Supervisory Control and Data Acquisition (SCADA)
- Programmable Logic Controllers (PLCs)
- Distributed Control Systems (DCS)
- Robotics
-
Industrial Automation Control Systems Market Application Outlook
- Manufacturing
- Power and Energy
- Water and Wastewater
- Oil and Gas
-
Industrial Automation Control Systems Market Communication Protocol Outlook
- Modbus
- EtherCAT
- PROFINET
- Ethernet/IP
-
Industrial Automation Control Systems Market Safety Standards Outlook
- IEC 61508
- IEC 62061
- ISO 13849-1
-
Industrial Automation Control Systems Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
262.24 (USD Billion) |
Market Size 2023 |
278.47 (USD Billion) |
Market Size 2032 |
478.0 (USD Billion) |
Compound Annual Growth Rate (CAGR) |
6.19% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Honeywell International, Kuka, Phoenix Contact, ABB Robotics, General Electric, Yaskawa, ABB, Schneider Electric, FANUC, Emerson Electric, Mitsubishi Electric, Omron, Yokogawa Electric, Rockwell Automation, Siemens |
Segments Covered |
Automation Level, Component Type, Application, Communication Protocol, Safety Standards, Regional |
Key Market Opportunities |
AIpowered automation Datadriven insights Predictive maintenance IoT integration Cloud computing |
Key Market Dynamics |
1 Increasing demand for automation in manufacturing2 Growing adoption of smart sensors and IoT devices3 Government incentives for energy efficiency4 Focus on predictive maintenance and remote monitoring5 Convergence of IT and OT systems |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Industrial Automation Control Systems Market was valued at USD 278.47 billion in 2023 and is expected to reach a value of USD 478.0 billion by 2032, growing at a CAGR of 6.19% over the forecast period.
North America, Europe, Asia-Pacific, Latin America, and Middle East Africa are the key regions contributing to the growth of the Industrial Automation Control Systems Market. Asia-Pacific is expected to hold the largest market share during the forecast period due to the increasing adoption of automation solutions in various industries, such as automotive, electronics, and manufacturing.
Industrial Automation Control Systems are used in a wide range of applications, including process control, discrete manufacturing, power generation and distribution, oil and gas, and water and wastewater treatment. They help to improve efficiency, productivity, and safety in industrial operations.
Key competitors in the Industrial Automation Control Systems Market include ABB, Rockwell Automation, Siemens, Schneider Electric, Honeywell, Emerson, Yokogawa, Mitsubishi Electric, and Omron.
Key trends in the Industrial Automation Control Systems Market include the adoption of Industry 4.0 technologies, such as cloud computing, artificial intelligence, and the Internet of Things (IoT). Challenges include the need for skilled workers and the security risks associated with connected devices.
The Industrial Automation Control Systems Market is expected to grow at a CAGR of 6.19% from 2023 to 2032.
Factors driving the growth of the Industrial Automation Control Systems Market include the increasing demand for automation solutions to improve efficiency and productivity, the growing adoption of Industry 4.0 technologies, and the increasing need for remote monitoring and control capabilities.
Challenges facing the Industrial Automation Control Systems Market include the shortage of skilled workers, the security risks associated with connected devices, and the need for continuous investment in research and development.
Opportunities for growth in the Industrial Automation Control Systems Market include the increasing adoption of Industrie 4.0 technologies, the growing demand for remote monitoring and control capabilities, and the increasing need for automation solutions to improve efficiency and productivity.
Key market trends in the Industrial Automation Control Systems Market include the adoption of Industry 4.0 technologies, such as cloud computing, artificial intelligence, and the Internet of Things (IoT), the increasing demand for remote monitoring and control capabilities, and the growing need for automation solutions to improve efficiency and productivity.