Global Industrial Controls and Factory Automation Market Size, Status and Forecast 2022

Industrial controls and factory automation use set technologies and automatic control devices that results the automatic operation and control of industrial processes without significant human intervention and achieving superior performance than manual control. These automation devices include PLCs, PCs, PACs, etc. and technologies include various industrial communication systems. It facilitates to increase the product quality, reliability and production rate while reducing production and design cost by adopting new, innovative and integrated technologies and services.
Globally, the industrial controls and factory automation industry market is relatively concentrated as the manufacturing technology of industrial controls and factory automation is relatively high. And some enterprises, like SIEMENS, Mitsubishi Electric and ABB, etc. are well-known for the wonderful performance of their industrial controls and factory automation and related services. The consumption volume of industrial controls and factory automation is related to downstream industries and global economy. Industrial controls and factory automation is widely used in many industries and general manufacturing industry has the largest market share of no more than 35%, which followed by automotive industry of market share of about 30%.

Market Analysis and Insights: Global Industrial Controls and Factory Automation Market
The global Industrial Controls and Factory Automation market size is projected to reach US$ 208150 million by 2027, from US$ 128090 million in 2020, at a CAGR of 7.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Industrial Controls and Factory Automation market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Industrial Controls and Factory Automation market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Industrial Controls and Factory Automation market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Industrial Controls and Factory Automation market.

Global Industrial Controls and Factory Automation Scope and Market Size
Industrial Controls and Factory Automation market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Industrial Controls and Factory Automation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Control Systems
Measurement and Analytical Products
Switches and Safety Components
Industrial Robot
Others

Segment by Application
Oil and Gas
Power Industry
Automotive
General Manufacturing
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Siemens
Mitsubishi Electric
ABB
Emerson
Rockwell Automation
Schneider Electric
Keyence
Bosch Rexroth
Honeywell
Fanuc
Omron
Yokogawa Electric
Fuji Electric
KuKa
Inovance Group
General Electric