Industrial Automation and Control System Market Size, Share, and Trends

Industrial Automation and Control Systems Market (By Component: HMI, Industrial Robots, Control Valves, Sensors, Others; By Control System: DCS, PLC, SCADA, Others; By Vertical: Aerospace & Défense, Automotive, Chemical, Energy & Utilities, Food & Beverage, Healthcare, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023 – 2032

  • Last Updated : November 2023
  • Report Code : 1344
  • Category : ICT

The global industrial automation and control system market was estimated at USD 151 billion in 2022 and it is estimated to grow at a CAGR of 9.40% due to the rapid shift of industries toward smart manufacturing.

The global industrial automation and control system market size is projected to reach around US$ 369.10 billion by 2032.

Industrial Automation and Control Systems Market Size 2023 to 2032

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Industrial Automation and Control Systems Market Size in the 
Asia Pacific 2023 To 2032

The Asia Pacific industrial automation and control systems market size was estimated at USD 57.38 billion in 2022 and is expected to hit around USD 141.55 billion by 2032, poised to grow at a CAGR of 9.50% during the forecast period from 2023 to 2032.

Asia Pacific Industrial Automation and Control Systems Market Size 2023 To 2032

Based on the region, the Asia Pacific dominated the market followed by North America and Europe. Investors are seeking for other manufacturing destinations as the cost of production in China rises and the Yuan strengthens against the dollar. India aspires to be the preferred manufacturing destination for multinational corporations. However, it must concentrate on high-quality production (zero defects) and environmentally friendly manufacturing to achieve this (zero effect). Only through a thorough understanding and implementation of industrial automation are both of these things achievable.

Industrial Automation and Control Systems Market Share, By Region, 2020 (%)


The Make in India initiative is also projected to have a significant impact on the country's adoption of factory automation technology. With significant investments projected in India's manufacturing sector, the demand for factory automation solutions is expected to grow.

Growth Factors

Manufacturers are constantly looking for solutions that can help them raise productivity with little assets, driven by the constant demand to improve profitability. In this case, industrial automation serves as a catalyst for increased dependability and efficiency, resulting in a higher return on investment (ROI). By adopting innovative and integrated technologies, industrial automation improves production rate and quality while also lowering production costs. It takes mechanization a step further by substituting computer programming and automation devices for human labor, resulting in a performance that is superior to manual operation.

Automation solutions automate industrial processes without requiring human interaction, using equipment such as programmable logic controllers (PLCs), industrial personal computers (PCs), and programmable automation controllers (PACs). According to the McKinsey Worldwide Institute, automation might boost global productivity by as much as 1.4 percent every year. Furthermore, all vocations have the potential for partial automation because a large amount of their operations can be automated.

COVID-19 Impact

The recent new coronavirus (COVID-19) epidemic has wreaked havoc on the global economy and changed the way many businesses work on a daily basis. Companies must examine and adapt their preparedness and response methods for cyber-incidents as work-from-home protocols are deployed and shelter-in-place directives continue to spread. This is especially true for firms that use industrial control systems (ICS) to monitor and control key equipment and processes (e.g., DCS, SCADA, or PLS). Organizations will be focused on the need to automate faster in the medium term as a result of COVID-19, not least to assist bridge the productivity gap. Projects such as Industry 4.0 will have a significant impact. Projects like Industry 4.0 will have an important role to play. It is a pressing task, made all the more urgent by COVID-19.

Component Insights

Based on the component the market is classified as HMI, industrial robots, control valves, sensors and other components. The control valve type is the most dominating in the year 2022 due to the rapid growth in the technologies and it is expected to continue in the forecast period. Environmental, economic, and competitive issues are becoming more prevalent in modern process facilities. As a result, an increasing number of industrial enterprises are investing in cutting-edge technology and instruments in order to obtain a competitive advantage. Technology advancements have resulted in creative solutions that can help process facilities become more productive by optimizing their operations. Control valves and valve automation solutions suppliers will continue to create products and procedures that solve these new issues as industry requirements evolve and change.

The industrial robotics is gaining immense popularity due to the adoption of industrial internet of things (IIOT) technology which provides profitability and productivity. These smart sensors and actuators at the edge of production to capture data that was previously unavailable to manufacturers are used by robots. This trend is currently under progress, and it will result in new levels of efficiency and production. Apart from capturing and analyzing data in real time, the driving principle behind IIoT is that smart devices are better than people at transmitting crucial information that can be used to make accurate and faster business decisions.

Control System Insights

On the basis of control system, the DCS has the most prominent share in the industrial automation and control system market due to its advantages in the automation and control system. A distributed control system (DCS) is a platform for automating plant or industrial process control and operation. A DCS combines the HMI, logic solvers, history, common database, alarm management, and a common engineering suite into a single automated system.

Industrial Automation and Control Systems Market Share, By Control System, 2020 (%)

The shift of consumers towards such PLCs that handle greater responsibility in overall machine control, PLCs are now being designed with an emphasis on enhanced functionality. PLCs are now capable of performing a major amount of motion control tasks, allowing programmers to utilize the same language for motion control as they use for PLCs, simplifying the setup process. As consumers want PLCs that handle greater responsibility in overall machine control, PLCs are now being designed with an emphasis on enhanced functionality. PLCs' rising processing capacity allows them to do a major amount of motion control tasks, allowing programmers to use the same motion control language as the PLC.

Vertical Insights

The vertical segment is classified into aerospace & defense, automotive, chemical, energy & utilities, food & beverage, healthcare, manufacturing, mining & metal, oil & gas, transportation and others. The manufacturing sector has the significant share in the industrial automation and control system market. Manufacturing industry trends are in the spotlight as the industry undergoes its most significant transformation in recent years. Automation firms are rehiring more workers every day as a result of the latest technology in the manufacturing industry.

Further, the healthcare industry is the fastest growing in the market due to the increase in investment and the urgent need for advanced digital solutions.RPA in healthcare can improve workflows by automating rule-based tasks and processes, according to the Institute for Robotic Process Automation (IRPA). Bots used for automation can perform tasks such as data storage, data manipulation, transaction processing, and system calibration. Above all, healthcare automation can enhance outcomes and eliminate system faults caused by inefficient operations and manual processing.

Key Companies & Market Share Insights

The market for industrial automation and control systems is highly competitive, with several major players. The market is dominated by the key players in the market. These market leaders are concentrating their efforts on expanding their customer base in foreign countries. These businesses are relying on strategic collaborative initiatives to increase their market share and profitability. Furthermore, new companies are expanding their presence in this market.

Recent Developments

ABB and ETH Zurich will expand their robotics research collaboration in March 2021 as part of ETH's RobotX project. The RobotXprogramme, which was started in 2019, aims to establish ETH as a leader in robotics research institutions. ABB's Robotics and Discrete Automation business will contribute to the initiative.

Emerson finalized its acquisition of Progea Group, a market-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI), and supervisory control and data acquisition (SCADA) technologies, in October 2020.

Some of the major players in the industrial automation and control system market include:

  • ABB
  • Emerson Electric Co.
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Siemens AG
  • Honeywell International, Inc.
  • Kawasaki Heavy Industries, Ltd.
  • Mitsubishi Electric Corporation
  • OMRON Corporation
  • Yokogawa Electric Corporation
  • General Electric

Scope of the Industrial Automation and Control Systems Market Report

Report Highlights Details
Market Size By 2032 USD 369.10 Billion
Market Size in 2023  USD 151 Billion 
Growth Rate CAGR of 9.40% from 2023 to 2032
Largest Market Asia Pacific
Fastest Growing Market Europe, North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Mentioned Component, Control System, Vertical, Region
Companies Covered ABB, Emerson Electric Co., Rockwell Automation, Inc., Schneider Electric, Siemens AG, Honeywell International, Inc., Kawasaki Heavy Industries, Ltd., and Mitsubishi Electric Corporation

 

Segments Covered in the Report

By Component

  • HMI
  • Industrial Robots
  • Control Valves
  • Sensors
  • Others

By Control System

  • DCS
  • PLC
  • SCADA
  • Others

By Vertical 

  • Aerospace & Défense
  • Automotive
  • Chemical
  • Energy & Utilities
  • Food & Beverage
  • Healthcare
  • Manufacturing
  • Mining & Metal
  • Oil & Gas
  • Transportation
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Frequently Asked Questions

The global industrial automation and control system market size was reached at USD 151 billion in 2022 and is projected to hit over US$ 369.10 billion by 2032.

Rapid shift of industries towards smart manufacturing and investment in smart factory automation are the driving factors of the industrial automation and control system market.

The global industrial automation and control system market is growing at a CAGR of 9.40% from 2023 to 2032.

The major players operating in the industrial automation and control system market are ABB, Emerson Electric Co., Rockwell Automation, Inc., Schneider Electric, Siemens AG, Honeywell International, Inc., Kawasaki Heavy Industries, Ltd., and Mitsubishi Electric Corporation.

The Asia Pacific dominated the market followed by North America and Europe.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Industrial Automation and Control Systems Market 

5.1. COVID-19 Landscape: Industrial Automation and Control Systems Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Industrial Automation and Control Systems Market, By Component

8.1. Industrial Automation and Control Systems Market, by Component Type, 2023-2032

8.1.1. HMI

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Industrial Robots

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Control Valves

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Sensors

8.1.4.1. Market Revenue and Forecast (2020-2032)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Industrial Automation and Control Systems Market, By Control System

9.1. Industrial Automation and Control Systems Market, by Control System, 2023-2032

9.1.1. DCS

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. PLC

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. SCADA

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Industrial Automation and Control Systems Market, By Vertical  

10.1. Industrial Automation and Control Systems Market, by Vertical , 2023-2032

10.1.1. Aerospace & Défense

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Automotive

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Chemical

10.1.3.1. Market Revenue and Forecast (2020-2032)

10.1.4. Energy & Utilities

10.1.4.1. Market Revenue and Forecast (2020-2032)

10.1.5. Food & Beverage

10.1.5.1. Market Revenue and Forecast (2020-2032)

10.1.6. Healthcare

10.1.6.1. Market Revenue and Forecast (2020-2032)

10.1.7. Manufacturing

10.1.7.1. Market Revenue and Forecast (2020-2032)

10.1.8. Mining & Metal

10.1.8.1. Market Revenue and Forecast (2020-2032)

10.1.9. Oil & Gas

10.1.9.1. Market Revenue and Forecast (2020-2032)

10.1.10. Transportation

10.1.10.1. Market Revenue and Forecast (2020-2032)

10.1.11. Others

10.1.11.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Industrial Automation and Control Systems Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Component (2020-2032)

11.1.2. Market Revenue and Forecast, by Control System (2020-2032)

11.1.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Component (2020-2032)

11.1.4.2. Market Revenue and Forecast, by Control System (2020-2032)

11.1.4.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Component (2020-2032)

11.1.5.2. Market Revenue and Forecast, by Control System (2020-2032)

11.1.5.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Component (2020-2032)

11.2.2. Market Revenue and Forecast, by Control System (2020-2032)

11.2.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Component (2020-2032)

11.2.4.2. Market Revenue and Forecast, by Control System (2020-2032)

11.2.4.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Component (2020-2032)

11.2.5.2. Market Revenue and Forecast, by Control System (2020-2032)

11.2.5.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Component (2020-2032)

11.2.6.2. Market Revenue and Forecast, by Control System (2020-2032)

11.2.6.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Component (2020-2032)

11.2.7.2. Market Revenue and Forecast, by Control System (2020-2032)

11.2.7.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Component (2020-2032)

11.3.2. Market Revenue and Forecast, by Control System (2020-2032)

11.3.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Component (2020-2032)

11.3.4.2. Market Revenue and Forecast, by Control System (2020-2032)

11.3.4.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Component (2020-2032)

11.3.5.2. Market Revenue and Forecast, by Control System (2020-2032)

11.3.5.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Component (2020-2032)

11.3.6.2. Market Revenue and Forecast, by Control System (2020-2032)

11.3.6.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Component (2020-2032)

11.3.7.2. Market Revenue and Forecast, by Control System (2020-2032)

11.3.7.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Component (2020-2032)

11.4.2. Market Revenue and Forecast, by Control System (2020-2032)

11.4.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Component (2020-2032)

11.4.4.2. Market Revenue and Forecast, by Control System (2020-2032)

11.4.4.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Component (2020-2032)

11.4.5.2. Market Revenue and Forecast, by Control System (2020-2032)

11.4.5.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Component (2020-2032)

11.4.6.2. Market Revenue and Forecast, by Control System (2020-2032)

11.4.6.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Component (2020-2032)

11.4.7.2. Market Revenue and Forecast, by Control System (2020-2032)

11.4.7.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Component (2020-2032)

11.5.2. Market Revenue and Forecast, by Control System (2020-2032)

11.5.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Component (2020-2032)

11.5.4.2. Market Revenue and Forecast, by Control System (2020-2032)

11.5.4.3. Market Revenue and Forecast, by Vertical  (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Component (2020-2032)

11.5.5.2. Market Revenue and Forecast, by Control System (2020-2032)

11.5.5.3. Market Revenue and Forecast, by Vertical  (2020-2032)

Chapter 12. Company Profiles

12.1. ABB

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Emerson Electric Co.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Rockwell Automation, Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Schneider Electric

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Siemens AG

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Honeywell International, Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Kawasaki Heavy Industries, Ltd.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Mitsubishi Electric Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. OMRON Corporation

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Yokogawa Electric Corporation

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

12.11. General Electric

12.11.1. Company Overview

12.11.2. Product Offerings

12.11.3. Financial Performance

12.11.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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