Industrial Automation Market Industry Outlook, Size, Growth Factors, and Forecast To, 2027
Posted 2022-05-23 10:07:57
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Industrial Automation Market size was valued at US$ 133.10 Bn. in 2021. PLM, one of the segments reviewed in our report is dominating the market.
Industrial Automation Market Overview:
The Industrial Automation market: analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Industrial Automation Market, as well as the causes for variances in the industry's growth in different regions.
Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
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Segmentetion:
Industrial Automation Market by Automation Type
• Distributed Control System (DCS)
• Programmable Logic Control System (PLC)
• Machine Vision System
• Manufacturing Execution System (MES)
• Human Machine Interface (HMI)
• Supervisory Control and Data Acquisition (SCADA)
• Product Lifecycle Management (PLM)
• Plant Asset Management
• Computer Numerical Control (CNC) routers
• Electronic Control Units (ECU)
• Others
Industrial Automation Market by End User
• Automation and Transportation
• Metals and Mining
• Oil and Gas
• Pulp and Paper
• Hydro power
• Energy and Power System
• Chemical
• Material and Food
• Measurement and Instrumentation
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The biggest players in the Industrial Automation market are as follows:
• ABB Ltd.
• Honeywell International Inc.
• FANUC Corporation
• Yaskawa Electric Corporation
• Toshiba Machine Corporation Ltd.
• Yokogawa Electric Corporation
• Emerson Electric Company
• General Electric Company
• Rockwell Automation, Inc.
• Mitsubishi Electric Corporation
• Voith GmbH
• GE Company
• Honeywell International Incorporation
• Omron Corporation
• Schneider Electric SA
• Siemens AG
• Kuka AG
• Keyence Corporation
• Fanuc Corporation
• Bosch Rexroth
• Fuji Electric Co., Ltd.
• Endress+Hauser AG
• Hitachi Ltd.
• Yaskawa Electric Corporation
• Danaher Corporation
• NI
• Ropoer Technologies
• Phoenix Contact
• AVEV
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Industrial Automation market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Industrial Automation Market:
End-user industries where Industrial Automation are utilised saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Industrial Automation manufacturers, influencing the development of the Industrial Automation market in 2020. End-user business demand for Industrial Automation has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
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Key Questions Answered in the Industrial Automation Market Report are:
In 2021, which segment held the highest proportion of the Industrial Automation market?
What is the Industrial Automation market's competitive landscape?
What are the primary drivers assisting Industrial Automation market growth?
Which region has the most market share in the Industrial Automation market?
What will be the Industrial Automation market's CAGR throughout the projected period (2022-2027)
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https://www.marketwatch.com/press-release/automotive-air-purifier-market-size-cost-structure-analysis-leading-countries-companies-to-2027-2022-04-25
https://www.marketwatch.com/press-release/automotive-motors-market-size-trend-opportunities-revenue-future-scope-and-forecast-to-2027-2022-04-25
https://www.marketwatch.com/press-release/automotive-motors-market-size-trend-opportunities-revenue-future-scope-and-forecast-to-2027-2022-04-25
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