Global Industrial Controls and Factory Automation Market to Reach $277 Billion by 2030
The global market for Industrial Controls and Factory Automation estimated at US$162.5 Billion in the year 2022, is projected to reach a revised size of US$277 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030. Industrial Sensors, one of the segments analyzed in the report, is projected to record 7.5% CAGR and reach US$75.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Industrial Robots segment is readjusted to a revised 7% CAGR for the next 8-year period.The U.S. Market is Estimated at $49.1 Billion, While China is Forecast to Grow at 6.4% CAGR
The Industrial Controls and Factory Automation market in the U.S. is estimated at US$49.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$47.6 Billion by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.Select Competitors (Total 17 Featured) -
- 3D Systems, Inc.
- ABB Group
- Azbil Corporation
- Chaos Prime
- Danfoss A/S
- Dwyer Instruments, Inc.
- Emersion Electric Co.
- Endress+Hauser AG
- FANUC Corporation
- Fuji Electric Co., Ltd.
- General Electric Company
- Hewlett Packard Enterprise Development LP (HPE)
- Hitachi Ltd.
- Honeywell International, Inc.
- KROHNE Messtechnik GmbH
- Mitsubishi Electric Corporation
- OMRON Corporation (Industrial Automation)
- PINpoint Information Systems, Inc.
- Progea Srl
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
- Stratasys Inc.
- Tegan Innovations Ltd.
- Vega Grieshaber KG
- WIKA Alexander Wiegand SE & Co. KG
- WIN-911 Software Ltd.
- 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 Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3D Systems, Inc.
- ABB Group
- Azbil Corporation
- Chaos Prime
- Danfoss A/S
- Dwyer Instruments, Inc.
- Emersion Electric Co.
- Endress+Hauser AG
- FANUC Corporation
- Fuji Electric Co., Ltd.
- General Electric Company
- Hewlett Packard Enterprise Development LP (HPE)
- Hitachi Ltd.
- Honeywell International, Inc.
- KROHNE Messtechnik GmbH
- Mitsubishi Electric Corporation
- OMRON Corporation (Industrial Automation)
- PINpoint Information Systems, Inc.
- Progea Srl
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
- Stratasys Inc.
- Tegan Innovations Ltd.
- Vega Grieshaber KG
- WIKA Alexander Wiegand SE & Co. KG
- WIN-911 Software Ltd.
- Yokogawa Electric Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 182 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 162.5 Billion |
Forecasted Market Value ( USD | $ 277 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |