Industrial Control & Factory Automation Market Growth Analysis 2033

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Industrial Control Factory Automation Global
Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Industrial Control Factory Automation Market
Segments
The industrial control factory automation
market covered in this report is segmented 1)
By Component Industrial Robots, Machine Vision
System, Process Analyzer, Field Instruments,
HumanMachine Interface (HMI), Industrial PC,
Industrial Sensors, Industrial 3D Printing,
Vibration Monitoring, Other Components 2) By
Solution Distributed Control System (DCS),
Supervisory Control and Data Acquisition (SCADA),
Programmable Logic Controller (PLC),
Manufacturing Execution System (MES), Product
Life Cycle Management (PLM), Plant Asset
Management (PAM), Functional Safety 3) By
Industry Process Industry, Discrete Industry
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Market Statistics
The industrial control factory automation
market size has grown strongly in recent years.
It will grow from 150.24 billion in 2023 to
163.9 billion in 2024 at a compound annual
growth rate (CAGR) of 9.1. The industrial
control factory automation market size is
expected to see strong growth in the next few
years. It will grow to 224.79 billion in 2028 at
a compound annual growth rate (CAGR) of 8.2
20 B
15.37 B
14.38 B
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Key Market Drivers And Trends
Drivers
The emergence of connected enterprises is
expected to propel the growth of the industrial
control and factory automation market going
forward.
Trends
Product innovation is a key trend gaining
popularity in the industrial control and factory
automation market.
Region
Asia-Pacific was the largest region in the
industrial control factory automation market in
2023. The regions covered in the Industrial
Control Factory Automation market analysis
report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East
and Africa.
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Top Eleven Players In The Market

• Major players in the market are
• ABB Ltd.
• Emerson Electric Co.
• Siemens AG
• Schneider Electric SE
• Mitsubishi Electric Corporation
• General Electric Company
• Rockwell Automation Inc.
• Honeywell International Inc.
• Yokogawa Electric Corporation

• EndressHauser Group
• FANUC Corporation
• Omron Corporation

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