Industrial Automation Market was valued at USD 144.41 Billion in 2022, and it is expected to reach USD 255.63 Billion by 2029, exhibiting a CAGR of  8.5% during the forecast period (2023-2029)

Market Overview

The recently published “Industrial Automation Market” Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in the capital goods and automobile segments in more than 34 countries.

The research analyst has said that the APAC region is a lucrative opportunity for the Industrial Automation market and components manufacturers for the next ten years. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of an economic slowdown.

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Market Scope

The research looks into demand for Industrial Automation market predictions, market trends, and micro and macro variables in the detail. In addition, the research includes factors that are propelling the Industrial Automation market growth and impeding the market's growth. The Maximize Market Research report provides a regional analysis of potential investment opportunities for existing and new market entrants. The research uses analytical methodologies such as Porter's five forces analysis and PESTLE of the Industrial Automation market to provide insights into the market. The research also provides current market trends and forecasts for the years 2023-2029. The report also identified key future trends that will influence demand throughout the projected period.

Segmentation

by Components

1. Industrial Robots
2. Machine Vision System
3. Process Analyzer
4. Field Instruments
5. Human Machine Interface (HMI)
6. Industrial PC
7. Industrial Sensors
8. Industrial 3D Printing
9. Vibration Monitoring

by Solutions

1. Supervisory Control And Data Acquisition (SCADA)
2. Programmable Logic Controller (PLC)
3. Distributed Control System (DCS)
4. Manufacturing Execution System (MES)
5. Industrial Safety
6. Plant Asset Management (PAM)

by Industry

1. Oil & Gas
2. Chemicals
3. Pharmaceuticals & Medical Devices
4. Food & Beverages
5. Energy & Power
6. Automotive
7. Machine Manufacturing
8. Water & Wastewater Treatment
9. Electronics & Semiconductors
10. Metals & Mining
11. Others

Key Players

1. FANUC (Japan)
2. Yaskawa Electric Corporation (Japan)
3. Toshiba Corporation (Japan)
4. Yokogawa Electric Corporation (Japan)
5. Fuji Electric Co., Ltd. (Japan)
6. Hitachi, Ltd. (Japan)
7. Omron Corporation (Japan)
8. Mitsubishi Electric Corporation (Japan)
9. Keyence Corporation (Japan)
10. Accurate Industrial Controls Pvt. Ltd. (India)
11. Honeywell International Inc (US)
12. Emerson Electric Co. (US)
13. General Electric Company (US)
14. Rockwell Automation, Inc (US)
15. Danaher Corporation (US)
16. NATIONAL INSTRUMENTS CORP (US)
17. Roper Technologies, Inc (US)
18. Voith GmbH (Germany)
19. Siemens AG (Germany)
20. Kuka AG (Germany)
21. Bosch Rexroth Corporation (Germany)
22. Phoenix Contact (Germany)
23. MARCO Limited (UK)
24. Schneider Electric SE (France)
25. Endress+Hauser (Switzerland)
26. ABB Ltd. (Switzerland)
27. Danfoss A/S (Denmark)
28. Tegan Innovations (Ireland)

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Regional Analysis

The report on the Industrial Automation market gives a detailed analysis, which is divided into regions. The research includes an evaluation of regional and local market participants operating in the target market, as well as findings in the target market. On a regional and global basis, the study evaluates the market in North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Each region market is researched in depth, for the discovery of regional Industrial Automation market trends, constraints, and growth potential.

Key Questions answered in the Industrial Automation Market Report are:

• What is Industrial Automation Market?
• What is the forecast period of the Industrial Automation Market?
• What is the competitive scenario of the Industrial Automation market?
• Which region held the largest market share in the Industrial Automation Market?
• What are the opportunities for the Industrial Automation Market?
• What factors are affecting the Industrial Automation market growth?
• Who are the key players of the Industrial Automation market?
• Which company held the largest share in the Industrial Automation market?
• What will be the CAGR of the Industrial Automation market during the forecast period?
• What key trends are likely to emerge in the Industrial Automation market in the coming years?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2023-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Industrial Automation Market
• Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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