Market Overview:

Industrial automation and control systems are used to automate industrial operations and processes. They comprise of control systems such as distributed control systems (DCS), supervisory control and data acquisition (SCADA) systems, and programmable logic controllers (PLCs) along with sensing devices such as temperature sensors, pressure sensors, level sensors and flow sensors. These systems help to monitor, control, and optimize industrial processes in various industries such as oil & gas, power generation, chemical, food & beverage, automotive, and others.

Key Takeaways

The Global Industrial Automation And Control Systems Market Size is expected to witness high growth, exhibiting CAGR of 9.0% over the forecast period, due to increasing demand for enhanced productivity, reduced operational costs and minimal human errors from various process and discrete industries.

Regional analysis:
Asia Pacific dominated the market in 2023, accounting for over 35% share. Rapid industrialization across China, India and Southeast Asian countries and government support for manufacturing drives regional growth. North America and Western Europe are also major markets, while Middle East and Latin America offer lucrative opportunities.

Key players:
Key players operating in the industrial automation and control systems market include ABB, Emerson Electric Co., Honeywell International, Inc., Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, OMRON Corporation, Rockwell Automation, Inc., and Schneider Electric. They provide integrated solutions including control systems, robotics, machine vision systems, sensors and drives.

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