Programmable Industrial Automation market

Global Programmable Industrial Automation Market Research Report 2024(Status and Outlook)

  • 22 October 2024
  • Energy and Natural Resources
  • 110 Pages
  • Report code : PMR-8014024

  • 4.7 (158)

Programmable Industrial Automation Market

COMPANIES COVERED

ABB
Schneider Electric
Honeywell
Siemens
Rockwell Automation
Omron
Emerson
GE
Yokogawa Electric
Mitsubishi Electric
Johnson Controls
FANUC Corporation

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The global Programmable Industrial Automation market size was valued at US$ 53.78 billion in 2024 and is projected to reach US$ 79.81 billion by 2030, at a CAGR of 6.8% during the forecast period 2024-2030.

The United States Programmable Industrial Automation market size was valued at US$ 15.23 billion in 2024 and is projected US$ 21.87 billion by 2030, at a CAGR of 6.2% during the forecast period 2024-2030.

Programmable Industrial Automation refers to the use of programmable logic controllers (PLCs), industrial PCs, and other programmable devices to control and monitor industrial processes, enhancing efficiency, productivity, and flexibility in manufacturing operations.

Programmable_Industrial_Automation_graph

The global Programmable Industrial Automation market is growing steadily, driven by Industry 4.0 initiatives and the increasing adoption of smart manufacturing technologies. In 2023, total shipments of programmable automation controllers reached 12.5 million units, with the automotive sector accounting for 25% of demand. The food and beverage industry is the fastest-growing segment at 7.5% annually. The market saw a 30% increase in demand for edge computing-enabled controllers in 2023, reflecting the trend towards decentralized decision-making. PLCs dominate with a 45% market share, but industrial PCs are growing at 9% annually due to their versatility. Europe leads with a 35% market share, while Asia Pacific is the fastest-growing region at 8.2% CAGR. The industry is focusing on developing AI-integrated automation systems, with a 40% increase in R&D investments for self-optimizing production lines.

Report Overview

Industrial automation help end-user industries to optimize their operations through efficient control of various processes without any human intervention.

Programmable Industrial Automation Market provides a deep insight into the global Programmable Industrial Automation market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Programmable Industrial Automation Market, Programmable Industrial Automation Market introducesin detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, Programmable Industrial Automation Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Programmable Industrial Automation market in any manner.

Global Programmable Industrial Automation Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

  • ABB
  • Schneider Electric
  • Honeywell
  • Siemens
  • Rockwell Automation
  • Omron
  • Emerson
  • GE
  • Yokogawa Electric
  • Mitsubishi Electric
  • Johnson Controls
  • FANUC Corporation

Market Segmentation (by Type)

  • Programmable Automation Controller (PAC)
  • Supervisory control and data acquisition (SCADA)
  • Distributed Control System (DCS)
  • Programmable Logic Controller (PLC)
  • Human Machine Interface (HMI)

Market Segmentation (by Application)

  • Oil & Gas
  • Machine Manufacturing
  • Electrical & Electronics
  • Aerospace & Defense
  • Chemical
  • Pharmaceuticals
  • Automotive & Transportation
  • Other

Geographic Segmentation

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Programmable Industrial Automation Market

Key Reasons to Buy this Report:

  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter

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