Industrial Automation Market Analysis: Size, Share, and Forecast
Industrial Automation Market Overview
A rapidly increasing demand for fast production capacities is primarily driving the industrial automation market. Various industrial segments are adopting automation systems to reduce labor burdens, consequently accelerating market growth. The adoption of automation software is helping companies control the overall manufacturing process and delivery of superior-quality products. The deployment of industrial automation software solutions such as SCADA, PLCs, and DCS has enabled end-user industries to reduce costs related to operational failures and wastage, in turn, boosting the overall growth of the industrial automation software market. Other insights provided within our wearable medical devices market reports include:
Industrial Automation Market Insights
- The advantages of industrial automation such as lower operating costs, reduction in human errors, lower wastage, efficient manufacturing, synchronization of procedures, quality production, and a faster product lifecycle are positively impacting market growth.
- Growing interconnectivity and IoT developments in computer-aided systems are currently propelling the industrial automation software market.
- Growing centralization of manufacturing and need for greater control over manufacturing variables coupled with improvements in human-machine interface will boost the industrial automation control market.
Industrial Automation Market Share and Segmentation
Within our industrial automation industry research, we provide deep insights into the market landscape, its segments, and their market share. Our industrial automation market segmentation research offerings include:
- Industrial Automation by Type
- Programmable automation market
- Fixed automation market
- Industrial Automation by Technology
- Supervisory control and data acquisition (SCADA) market
- Programmable automation controller (PAC) market
- Programmable logic controller (PLC) market
- Human-machine interface (HMI) market
- Distributed control system (DCS) market
- Variable frequency drive (VFD) market
- Operator training simulators (OTS) market
- Asset performance management (APM) market
- Product lifecycle management (PLM) market
- Manufacturing execution system (MES) market
- Plant asset management (PSM) market
- Electronic control units (ECU) market
- Computer numerical control (CNC) routers market
- Industrial Automation by Components
- Industrial robots market
- Industrial 3D printing market
- Control valves market
- Machine vision market
- Industrial Automation Market by Industry
- Automation and transportation market
- Industrial automation in metals and mining market
- Industrial automation in oil and gas market
- Industrial automation in pulp and paper market
- Industrial automation in hydropower market
- Industrial automation in energy and power system market
- Industrial automation in chemical, material and food market
- Industrial automation in measurement and instrumentation market
We at Technavio, with our comprehensive understanding of the industrial automation market, have been monitoring the latest industry trends and developments to create an in-depth portfolio of market research reports. These reports help our clients identify opportunities within the market and develop effective strategies to optimize their market positions. Our industrial automation market reports offer the following insights:
- Industrial automation market outlook
- Industrial automation market share
- Industrial automation market size
- Industrial automation market forecast
- Industrial automation market growth
- Industrial automation market trends
- Industrial automation market vendor landscape
- Industrial automation industry statistics
