Industrial Controls: Global Strategic Business Report

Global Industrial Controls Market to Reach $180.2 Billion by 2030

The global market for Industrial Controls estimated at US$133.6 Billion in the year 2022, is projected to reach a revised size of US$180.2 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030. Distributed Control System (DCS), one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$84.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Supervisory Control and Data Acquisition System (SCADA) segment is readjusted to a revised 3.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $35.3 Billion, While China is Forecast to Grow at 6.7% CAGR

The Industrial Controls market in the U.S. is estimated at US$35.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$41.3 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

Select Competitors (Total 47 Featured) -

• ABB Group
• Emerson Electric Company
• Honeywell International, Inc.
• Kawasaki Heavy Industries Ltd.
• Mitsubishi Electric Corporation
• Omron Corporation
• Rockwell Automation, Inc.
• Schneider Electric SA
• Siemens AG
• Yokogawa Electric Corporation

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year