Industrial Control for Process Automation Market Size [2030]
Industrial Control for Process Automation Market Size [2030]
Segments - Industrial Control for Process Automation Market by Systems (Product Lifecycle Management (PLM), Distributed Control System (DCS), and Supervisory Control and Data Acquisition (SCADA), Human Machine Interface (HMI), Programmable Logic Controller (PLC), Enterprise Resource Planning (ERP), Machine Execution System (MES), and Others), Applications (Chemical and Petrochemical, Metals and Mining, Pulp and Paper, Water and Wastewater, Food and Beverage, Power, Oil & Gas, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :ICT-SE-1207
| 4.9 Rating
| 61 Reviews
| 190 Pages
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Report Description
The global industrial control for process automation market size is projected to register a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing use of technological innovations in production, increasing adoption of industrial robots in the manufacturing industry propelled by robotic arms, linked enterprise alongside bulk production to meet growing population demands.
The use of control systems, including robots or computers, and information and technology for managing various methods and equipment in the industry to substitute a human being is known as industrial automation. It is the next stage in the industrialization process after mechanization.
An industrial control system (ICS) is made up of a variety of control systems, including electrical, hydraulic, mechanical, and pneumatic components, that work together to build a certain industrial goal (e.g., manufacturing, transportation of matter, or energy). The description of the expected outcome or performance is an element of the system's control. Control can be completely automated or have a human component. The systems can be set up to work in open-loop, closed-loop, or controlled manually. In industrial uses, there is an increasing demand for automation and tailored service solutions, which necessitates the use of industrial control solutions.
Industrial Control for Process Automation Market Trends, Drivers, Restraints, and Opportunities
- Increasing expense of labor, along with the enormous strain on businesses to fulfill timelines, has led to a rise in factory automation, which is expected to fuel the market growth in the coming years.
- Automation is serving as a driver for industrial control systems, is encouraging the acceptance of automation, which is working as a fuel for increased quality and reduced production price when contrast to the traditional manufacturing process is projected to spur the market expansion during the forecast period.
- Government initiatives to promote industrial automation acceptance in multiple industries are a key factor propelling the market growth in the coming years.
- Expense of training personnel on how to utilize the more advanced technology, which can be too expensive for some small & mid-sized end-users is expected to impede the market growth.
- Transition from an assembly line to an automated manufacturing line is anticipated to support a significant initial expenditure which is estimated to restrict the market expansion.
Scope of Industrial Control for Process Automation Market Report
The report on the global industrial control for process automation market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Industrial Control for Process Automation Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Systems (Product Lifecycle Management (PLM), Distributed Control System (DCS), and Supervisory Control and Data Acquisition (SCADA), Human Machine Interface (HMI), Programmable Logic Controller (PLC), Enterprise Resource Planning (ERP), Machine Execution System (MES), and Others), Applications (Chemical and Petrochemical, Metals and Mining, Pulp and Paper, Water and Wastewater, Food and Beverage, Power, Oil & Gas, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
General Electric Co.; Mitsubishi Electric Corporation; GLC Controls Inc.; Yokogawa Electric Corporation; Honeywell International Inc.; Rockwell Automation Inc.; Omron Corporation; Emerson Electric Co.; ABB Limited; Siemens AG; and Schneider Electric SE |
Industrial Control for Process Automation Market Segment Insights
Human Machine Interface (HMI) segment is projected to account for a major market share
Based on systems, the global industrial control for process automation market is divided into product lifecycle management (PLM), distributed control system (DCS), and supervisory control and data acquisition (SCADA), human-machine interface (HMI), programmable logic controller (PLC), enterprise resource planning (ERP), machine execution system (MES), and others.
The human-machine interface (HMI) segment is expected to represent a key share of the market in the coming years by digitizing and centralizing data for a user, HMIs are utilized to optimize manufacturing processes. Operators can monitor vital data in charts, graphs, or digital dashboards, examine and handle alerts, and interface with SCADA and MES systems all from a single platform using HMI.
Pulp and paper segment is expected to grow at a significant pace
On the basis of applications, the market is segmented into chemical and petrochemical, metals and mining, pulp and paper, water and wastewater, food and beverage, power, oil & gas, and others. The pulp and paper segment is expected to constitute a key share of the market during the forecast period owing to process automation is also referred to as the first level of automation since it provides for constant and real-time data collection, allowing the sector to use these technologies for data visualization and predictive plant maintenance.
The turning of wood into papers takes several processes in the paper and pulp sector. Wood preparation, whitening, and chemicals recovery all demand a high utilization of raw resources, that can be easily regulated with automation. Owing to the presence of barriers in manufacturing, the sector is also experiencing a shortage. The biggest barrier is a typical human operator, who can only produce roughly 50 rolls per hour. Process automation can increase production.
Asia Pacific is anticipated to dominate the market
On the basis of regions, the market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to many government efforts in developing economies support automation-based solutions for efficient industrial output. Industrial control systems are becoming more widely used in countries such as South Korea, Indonesia, and China, as well as other growing economies throughout the world.
Furthermore, China is pursuing novel industrial processes through the implementation of automation technology in the manufacturing sector. In addition, research organizations and businesses are working together to improve China's industrial processes. Smart factories for producing robots, wireless technologies, sensors, and machine vision systems are being developed by firms including Toyota (Japan), Honda (Japan), and Suzuki (Japan), accelerating the expansion of the industrial control for process automation market in Japan.
Segments
The global industrial control for process automation market has been segmented based on
Systems
- Product Lifecycle Management (PLM)
- Distributed Control System (DCS)
- Supervisory Control and Data Acquisition (SCADA)
- Human Machine Interface (HMI)
- Programmable Logic Controller (PLC)
- Enterprise Resource Planning (ERP)
- Machine Execution System (MES)
- Others
Applications
- Chemical and Petrochemical
- Metals and Mining
- Pulp and Paper
- Water and Wastewater
- Food and Beverage
- Power
- Oil & Gas
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- General Electric Co.
- Mitsubishi Electric Corporation
- GLC Controls Inc.
- Yokogawa Electric Corporation
- Honeywell International Inc.
- Rockwell Automation Inc.
- Omron Corporation
- Emerson Electric Co.
- ABB Limited
- Siemens AG
- Schneider Electric SE
Competitive Landscape
Key players competing in the global industrial control for process automation market are General Electric Co., Mitsubishi Electric Corporation; GLC Controls Inc.; Yokogawa Electric Corporation; Honeywell International Inc.; Rockwell Automation Inc.; Omron Corporation; Emerson Electric Co.; ABB Limited; Siemens AG; and Schneider Electric SE. Some of these players are adopting several business strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Control for Process Automation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Control for Process Automation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Control for Process Automation Market - Supply Chain
4.5. Global Industrial Control for Process Automation Market Forecast
4.5.1. Industrial Control for Process Automation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Control for Process Automation Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Industrial Control for Process Automation Market Absolute $ Opportunity
5. Global Industrial Control for Process Automation Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Industrial Control for Process Automation Market Size and Volume Forecast by Applications
5.3.1. Chemical and Petrochemical
5.3.2. Metals and Mining
5.3.3. Pulp and Paper
5.3.4. Water and Wastewater
5.3.5. Food and Beverage
5.3.6. Power
5.3.7. Oil & Gas
5.3.8. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Industrial Control for Process Automation Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Industrial Control for Process Automation Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Industrial Control for Process Automation Demand Share Forecast, 2019-2026
7. North America Industrial Control for Process Automation Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Industrial Control for Process Automation Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Industrial Control for Process Automation Market Size and Volume Forecast by Applications
7.4.1. Chemical and Petrochemical
7.4.2. Metals and Mining
7.4.3. Pulp and Paper
7.4.4. Water and Wastewater
7.4.5. Food and Beverage
7.4.6. Power
7.4.7. Oil & Gas
7.4.8. Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Industrial Control for Process Automation Demand Share Forecast, 2019-2026
8. Latin America Industrial Control for Process Automation Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Industrial Control for Process Automation Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Industrial Control for Process Automation Market Size and Volume Forecast by Applications
8.4.1. Chemical and Petrochemical
8.4.2. Metals and Mining
8.4.3. Pulp and Paper
8.4.4. Water and Wastewater
8.4.5. Food and Beverage
8.4.6. Power
8.4.7. Oil & Gas
8.4.8. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Industrial Control for Process Automation Demand Share Forecast, 2019-2026
9. Europe Industrial Control for Process Automation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Industrial Control for Process Automation Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Industrial Control for Process Automation Market Size and Volume Forecast by Applications
9.4.1. Chemical and Petrochemical
9.4.2. Metals and Mining
9.4.3. Pulp and Paper
9.4.4. Water and Wastewater
9.4.5. Food and Beverage
9.4.6. Power
9.4.7. Oil & Gas
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Industrial Control for Process Automation Demand Share Forecast, 2019-2026
10. Asia Pacific Industrial Control for Process Automation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Industrial Control for Process Automation Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Industrial Control for Process Automation Market Size and Volume Forecast by Applications
10.4.1. Chemical and Petrochemical
10.4.2. Metals and Mining
10.4.3. Pulp and Paper
10.4.4. Water and Wastewater
10.4.5. Food and Beverage
10.4.6. Power
10.4.7. Oil & Gas
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Industrial Control for Process Automation Demand Share Forecast, 2019-2026
11. Middle East & Africa Industrial Control for Process Automation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Industrial Control for Process Automation Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Industrial Control for Process Automation Market Size and Volume Forecast by Applications
11.4.1. Chemical and Petrochemical
11.4.2. Metals and Mining
11.4.3. Pulp and Paper
11.4.4. Water and Wastewater
11.4.5. Food and Beverage
11.4.6. Power
11.4.7. Oil & Gas
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Industrial Control for Process Automation Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Industrial Control for Process Automation Market: Market Share Analysis
12.2. Industrial Control for Process Automation Distributors and Customers
12.3. Industrial Control for Process Automation Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. General Electric Co.
12.4.2. Mitsubishi Electric Corporation
12.4.3. GLC Controls Inc.
12.4.4. Yokogawa Electric Corporation
12.4.5. Honeywell International Inc.
Methodology
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