Industrial Automation and Control Systems Market Size, 2032

The Business Research Company’s Industrial Automation Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Industrial Automation Global Market Report 2023 evaluates industrial automation market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global industrial automation market is expected to grow from $242,476.0 million in 2027 at a rate of 7.0%. The market is then expected to grow at a CAGR of 8.4% from 2027 and reach $363,519.0 million in 2032.

During the historic period, the industrial automation market was mainly driven by the increasing adoption of robotics. Industrial robots refer to robots that have been created to automate difficult production activities, such as those needed by an assembly line which moves constantly.  Robots may perform a variety of duties on the manufacturing floor, including arc welding, material handling, palletizing and plasma cutting, freeing up the trained employees to handle tasks that are more difficult.  For instance, in October 2022, according to the World Robotics Report 2022 shared by the International Federation of Robotics (IFR), a Germany-based non-profit organization to promote the robotics industry, 517,385 new industrial robots, a record number, were installed in companies worldwide in 2021. This is a 22% increase over the pre-pandemic record for robot installation in 2018 and a growth rate of 31% year on year. Presently, there are a record-breaking 3.5 million operational robots in use worldwide.  Therefore, the increasing adoption of robotics supported the growth of the industrial automation market.

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The industrial automation market segments in the report are:

1) By Component: Industrial Robots; Human Machine Interface (HMI); Industrial Sensors; Control Valves ; Other Components

2) By Control System: Supervisory Control And Data Acquisition (SCADA); Programmable Logic Controller (PLC); Distributed Control System (DCS); Manufacturing Execution System (MES); Product Lifecycle Management (PLM); Enterprise Resource Planning (ERP); Other Control Systems.

3) By Industry: Aerospace And Defense; Automotive; Healthcare; Energy And Utilities; Food And Beverages; Oil And Gas; Mining; Transportation; Other Industries.

The table of contents in TBRC’s industrial automation market report includes:

1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure

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19. Company Profiles
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Industrial Automation Market, Conclusions And Recommendations
23. Appendix

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