Industrial automation is the use of information technology and control systems (computers and set of devices) by replacing the human operator with these systems in order to control and regulate various industrial processes. In t ....see more
The global Automated Material handling Equipment market is expected to grow from USD 33.3 billion in 2024 to USD 51.0 billion by 2029, at a compound annual growth rate (CAGR) of 8.9% during the forecast period.The key players Daifuku Co, Ltd. (Japan), KION GROUP AG (Germany), SSI SCHAEFER (Germany), TOYOTA INDUSTRIES CORPORATION (Japan) and HONEYWELL INTERNATIONAL INC. (US).
The warehouse management system market is expected to grow from USD 4.0 billion in 2024 to USD 8.6 billion by 2029, at a compound annual growth rate (CAGR) of 16.3% during the forecast period.The kay players Manhattan Associates (US), Blue Yonder Group, Inc. (US), Körber AG (Germany), Oracle (US), SAP (Germany), Infor (US). Microsoft (US), Reply (Italy), PTC Inc. (US), IBM (US), Ehrhardt Partner Group (Germany), Mecalux, S.A. (Spain), Dematic (US), SSI SCHAEFER Group (Germany), Tecsys Inc. (Canada), Epicor Software Corporation (US), Extensiv (US), Datapel Systems (Australia), Generix Group (France), ecovium Holding GmbH (Germany), Made4net (US), Microlistics (Australia), Softeon (US), Synergy Logistics Ltd. (UK), and Vinculum Solutions Pvt. Ltd. (India).
The Control Valve market is expected to grow from USD 10.0 billion in 2024 to USD 13.0 billion by 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period.The key players Emerson Electric Co. (US), Flowserve Corporation (US), IMI (UK), Curtiss-Wright Corporation (US), Valmet (Finland), SLB (US), Spirax Sarco Limited (US), Crane Company (US), KITZ Corporation (Japan), Christian Bürkert GmbH & Co. KG (Germany).
The global SCADA market is expected to grow from USD 9.8 billion in 2022 to USD 14.2 billion by 2027, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The Top Players Rockwell Automation (US), Schneider Electric (France), Emerson Electric (US), Siemens (Germany), and ABB (Switzerland).
The global model based enterprise market is expected to grow from USD 13.6 billion in 2024 to USD 27.1 billion by 2029, at a compound annual growth rate (CAGR) of 14.9% during the forecast period.The key players Siemens (Germany), PTC (US), Dassault Systèmes (France), SAP (Germany), Autodesk Inc. (US), HCL Technologies Limited (India), Oracle (US).
The Smart factory market is expected to grow from USD 100.6 billion in 2024 to USD 164.0 billion by 2029, at a compound annual growth rate (CAGR) of 10.3% during the forecast period.The key players ABB (Switzerland), Emerson Electric Co. (US), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), General Electric (US), Rockwell Automation, Inc. (US), Honeywell International Inc. (US), Yokogawa Electric Corporation (Japan), OMRON Corporation (Japan), Endress+Hauser (Switzerland), FANUC Corporation (Japan), WIKA (Germany), Dwyer Instruments, LLC. (US), Stratasys (US), 3D Systems Corporation (US) .
The global system integrator market is expected to grow from USD 29.7 billion in 2024 to USD 40.3 billion by 2029, at a compound annual growth rate (CAGR) of 6.3% during the forecast period.The key John Wood Group PLC (UK), ATS Corporation (Canada), JR Automation (US), Tesco Controls (US), Avanceon (US), Burrow Global, LLC (US), Prime Controls LP (US), Maverick Technologies LLC (US), BW Design Group (US), Intech (US).
The global fire protection system market is expected to grow from USD 71.6 billion in 2024 to USD 97.2 billion by 2029, at a compound annual growth rate (CAGR) of 6.3% during the forecast period.The key players Carrier (US), Honeywell International Inc. (US), Johnson Controls (Ireland), Robert Bosch GmbH (Germany), Siemens (Germany).
The retail automation market is expected to grow from USD 27.6 billion in 2024 to USD 44.3 billion by 2029, at a compound annual growth rate (CAGR) of 9.9% during the forecast period.The key players Honeywell International Inc. (US), NCR VOYIX Corporation. (US), Diebold Nixdorf, Incorporated. (US), Zebra Technologies Corp. (US), Hangzhou Hikvision Digital Technology Co., Ltd. (China).
The global EMC shielding and test equipment market is expected to grow from USD 8.4 billion in 2024 to USD 11.3 billion by 2029, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.The key players PARKER HANNIFIN CORP (US), PPG Industries, Inc. (US), 3M (US), Henkel AG & Co. KGaA (Germany), AMETEK.Inc. (US), Keysight Technologies (US) Liard Technologies, Inc. (US), Nolato AB (Sweden), MG Chemicals (Canada), Rohde & Schwarz (Germany).
The global industrial metrology market is expected to grow from USD 14.9 billion in 2024 to USD 20.6 billion by 2029, at a compound annual growth rate (CAGR) of 6.7% during the forecast period.The key players Hexagon AB (Sweden), Nikon Corporation (Japan), FARO (US), Carl Zeiss AG (Germany), JENOPTIK (Germany), KLA Corporation (US), Renishaw plc (UK), Mitutoyo Corporation (Japan), KEYENCE CORPORATION (Japan), CREAFORM (Canada).
The Machine safety market is expected to grow from USD 5.4 billion in 2024 to USD 7.0 billion by 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period.Schneider Electric (France), Honeywell International, Inc. (US), ABB (Switzerland), Rockwell Automation, Inc. (US), Siemens AG (Germany), OMRON Corporation (Japan), Keyence Corporation (Japan), Yokogawa Electric Corporation (Japan), Emerson Electric Co. (US), General Electric (US), Mitsubishi Electric Corporation (Japan), Sick AG (Germany), HIMA (Germany), IDEC Corporation (Japan).
The Cleanroom Lighting market is expected to grow from USD 0.9 billion in 2024 to USD 1.1 billion by 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period.The key players Signify Holding (Netherlands), Wipro Lighting (India), Crompton Greaves Consumer Electricals Limited (India), Acuity Brands, Inc. (US), Kenall Manufacturing (US), Terra Universal Inc. (US), Bukas Lighting Group (US), Solite Europe (England), LUG Light Factory Sp. z o.o. (Poland).
The motion control market is expected to grow from USD 16.5 billion in 2024 to USD 21.6 billion by 2029, at a compound annual growth rate (CAGR) of 5.5% during the forecast period.The key players ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan).
The global machine condition monitoring monitoring market is expected to grow from USD 3.1 billion in 2024 to USD 4.7 billion by 2029, at a compound annual growth rate (CAGR) of 8.3% during the forecast period.The key players Emerson Electric Co. (US), Honeywell International Inc. (US), PARKER HANNIFIN CORP. (US), Rockwell Automation (US), General Electric (US), Amphenol Corporation (US) and others.
The Manufacturing Execution Systems Market is expected to grow from USD 14.9 billion in 2024 to USD 23.0 billion by 2029, at a compound annual growth rate (CAGR) of 9.2% during the forecast period.The key players such as Siemens (Germany), Dassault Systemes (France), SAP (Germany), Rockwell Automation (US), Honeywell International Inc. (US).
The hydraulics market is expected to grow from USD 42.5 billion in 2023 to USD 50.5 billion by 2028, at a compound annual growth rate (CAGR) of 3.5% during the forecast period.The key players Enerpac Tool Group (US), Bosch Rexroth AG (Germany), Danfoss (Denmark), Hydac International GmbH (Germany), Kawasaki Heavy Industries, Ltd. (Japan), KYB Corporation (Japan), SMC Corporation (Japan) Parker-Hannifin Corporation (US), Wipro Enterprises (India), Caterpillar (US).
he Ball valves market is expected to grow from USD 13.6 billion in 2023 to USD 17.0 billion by 2028, at a compound annual growth rate (CAGR) of 4.6% during the forecast period.The Key players Emerson Electric Co. (US), Flowserve Corporation (US), SLB (US), IMI (UK), Valmet (Finland), Crane Company (US), KITZ Corporation (Japan), Neway Valves Co. Ltd. (China), Spirax Sarco Limited (UK), Trillium Flow Technologies (US).
The in-plant logistics market is expected to grow from USD 12.3 billion in 2023 to USD 19.5 billion by 2028, at a compound annual growth rate (CAGR) of 9.7% during the forecast period.The key players Daifuku Co., Ltd. (Japan), JBT (US), KION GROUP AG (Germany), KUKA AG (Germany), and Toyota Industries Corporation (Japan).
The global crane and hoist market is expected to grow from USD 31.5 billion in 2023 to USD 37.1 billion by 2028, at a compound annual growth rate (CAGR) of 3.3% during the forecast period.The key players Konecranes (Finland), Liebherr (Switzerland), Tadano Ltd. (Japan), The Manitowoc Company, Inc. (US), Zoomlion Heavy Industry Science & Technology Co., Ltd. (China), Terex Corporation (US), Ingersoll Rand (US), PALFINGER AG (Austria), Columbus McKinnon Corporation (US), KOBE STEEL, LTD. (Japan), XCMG Group (China), Sumitomo Heavy Industries, Ltd. (Japan), ABUS Kransysteme GmbH (Germany), Mammoet (Netherlands), KATO WORKS CO., LTD. (Japan), among others.
The global Industrial Services market is expected to grow from USD 39.1 billion in 2023 to USD 59.1 billion by 2028, at a compound annual growth rate (CAGR) of 8.6% during the forecast period.The key players ABB (Switzerland), Honeywell International Inc. (US), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany).
The global emission monitoring system market is expected to grow from USD 3.2 billion in 2023 to USD 5.0 billion by 2028, at a compound annual growth rate (CAGR) of 9.3% during the forecast period.The key players AMETEK. Inc. (US), Emerson Electric Co. (US), Thermo Fisher Scientific Inc. (US), Baker Hughes Company (US), Teledyne Technologies Incorporated (US).
The indoor location market is expected to grow from USD 191.5 billion in 2023 to USD 242.1 billion by 2028, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The key players Fortum (Finland), Vattenfall (Sweden), ENGIE (France), Danfoss (Denmark), Statkraft (Norway).
The Machine vision market is expected to grow from USD 12.9 billion in 2023 to USD 18.4 billion by 2028, at a compound annual growth rate (CAGR) of 7.3%. during the forecast period.The key players Cognex Corporation (US), Basler AG (Germany), Omron Corporation (Japan), National Instrument Corporation (US), Keyence Corporation (Japan), Teledyne Technologies (US), Sick AG (Germany), TKH Group (Netherland), Sony Corporation (Japan), Texas Instruments Incorporated (US), Intel Corporation (US), Atlas Copco (Sweden), Microsoft (US).
The Compressed Air Filter and Dryer Market is expected to grow from USD 5.6 billion in 2023 to USD 7.4 billion by 2028, at a compound annual growth rate (CAGR) of 5.8% during the forecast period.The key players Atlas Copco (Sweden), Ingersoll Rand (US), PARKER HANNIFIN CORP (US), Pentair (UK), and Donaldson Company, Inc. (US).
The HMI market is expected to grow from USD 5.2 billion in 2023 to USD 7.7 billion by 2028, at a compound annual growth rate (CAGR) of 8.2% during the forecast period. The key Players Rockwell Automation (US), Siemens (Germany), Schneider Electric (France), ABB (Switzerland), and Honeywell International Inc. (US).
The global CNC Machine Market is expected to grow from USD 67.5 billion in 2023 to USD 80.4 billion by 2028, at a compound annual growth rate (CAGR) of 3.5% during the forecast period.The key players DMG MORI (Japan), Okuma Corporation (Japan), Makino Milling Machine Co., Ltd. (Japan), Haas Automation, Inc (US), JTEKT Corporation (Japan), DN SOLUTIONS (South Korea), TRUMPF (Germany), Hurco Companies, Inc. (US), Yamazaki Mazak Corporation (Japan), GF Machining Solutions Management SA (Switzerland), CHIRON Group SE (Germany), MAG IAS GmbH (Germany), GROB-WERKE GmbH & Co. KG (Germany), EMAG GmbH & Co. KG (Germany).
The ASRS market is expected to grow from USD 8.7 billion in 2023 to USD 12.7 billion by 2028, at a compound annual growth rate (CAGR) of 7.9 % during the forecast period.The key players Daifuku Co., Ltd (Japan), Murata Machinery, Ltd. (Japan), SSI SCHAEFER (Germany), TGW Logistics Group GmbH (Austria) and Kardex Holding AG (Switzerland).
The Process Analyzer market is expected to grow from USD 7.8 billion in 2023 to USD 9.3 billion by 2028, at a compound annual growth rate (CAGR) of 3.6% during the forecast period.The key players ABB (Switzerland), Emerson Electric Co. (US), Siemens (Germany), Endress+Hauser Group Services AG (Switzerland), Yokogawa Electric Corporation (Japan), Mettler Toledo (US), Suez (US), Thermo Fisher Scientific, Inc. (US), Ametek: Inc. (US), Anton Paar GmbH (Austria).
The global steam trap market is expected to grow from USD 3.8 billion in 2023 to USD 4.6 billion by 2028, at a compound annual growth rate (CAGR) of 3.8% during the forecast period. The key players Spirax-Sarco Engineering plc (UK), Emerson Electric Co. (US), Schlumberger Limited (US), Thermax Limited (India), Velan Inc. (Canada), Watts Water Technologies, Inc. (US), Armstrong International Inc. (US), TLV CO., LTD. (Japan), Forbes Marshall (India), and Xylem Inc. (US).
The Smart Manufacturing market is expected to grow from USD 108.9 billion in 2023 to USD 241.0 billion by 2028, at a compound annual growth rate (CAGR) of 17.2% during the forecast period.The Key players 3D System, Inc. (US), ABB (Switzerland), Cisco System, Inc. (US), Emerson Electric Co. (US), General Electric (US), Honeywell International Inc. (US), IBM (US), Mitsubishi Electric Corporation (Japan), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), Oracle (US), SAP (Germany), Stratasys (US), Yokogawa Electric Corporation(Japan).
The Automated Guided Vehicle Market is expected to grow from USD 2.4 billion in 2023 to USD 3.3 billion by 2028, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.The key players Daifuku (Japan), JBT (US), KION (Germany), Toyota Industries (Japan), KUKA (Germany).
The global digital twin market is expected to grow from USD 10.1 billion in 2023 to USD 110.1 billion by 2028, at a compound annual growth rate (CAGR) of 61.3% during the forecast period.The key players include General Electric (US), Microsoft (US), Siemens (Germany), Amazon Web Services (US), ANSYS (US), Dassault Systèmes (France), PTC (US), Robert Bosch (Germany).
The Autonomous Mobile Robots Market is expected to grow from USD 1.8 billion in 2023 to USD 4.1 billion by 2028, at a compound annual growth rate (CAGR) of 17.5% during the forecast period.The key players ABB (Switzerland), Omron Automation (US), Mobile Industrial Robots (Denmark), Fetch Robotics (US), OTTO Motors (Canada).
The global machine control system market is expected to grow from USD 5.1 billion in 2023 to USD 7.3 billion by 2028, at a compound annual growth rate (CAGR) of 7.4% during the forecast period.The key players include Topcon (Japan), Trimble Inc. (US), Hexagon AB (Switzerland), MOBA Mobile Automation AG (Germany), Hemisphere GNSS, Inc. (US), and EOS Positioning Systems, Inc. (US).
The global hygienic pumps and valves market is expected to grow from USD 2.3 billion in 2023 to USD 2.8 billion by 2028, at a compound annual growth rate (CAGR) of 3.7% during the forecast period.The major players Alfa Laval (Sweden), GEA Group Aktiengesellschaft (Germany), SPX FLOW, Inc. (US), Emerson Electric Co. (US), Spirax-Sarco Engineering plc (UK), and Flowserve Corporation (US).
The global sanitary pumps and valves market is expected to grow from USD 2.1 billion in 2023 to USD 2.5 billion by 2028, at a compound annual growth rate (CAGR) of 3.6% during the forecast period.The major players Alfa Laval (Sweden), Fristam Pumpen KG (GmbH & Co.) (Germany), GEA Group Aktiengesellschaft (Germany), SPX FLOW, Inc. (US), and Dover Corporation (US).
The Pharmaceutical Manufacturing Equipment market is expected to grow from USD 14.5 billion in 2023 to USD 19.7 billion by 2028, at a compound annual growth rate (CAGR) of 6.3% during the forecast period.The key players such as GEA Group Aktiengesellschaft (Germany), I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P. A (Italy), Syntegon Technology GmbH (Germany), ACG (India), and Thermo Fisher Scientific Inc.(US), Körber AG (Germany), Romaco Group (Germany), Marchesini Group (Italy), MG2 s.r.l. (Italy), and Glatt GmbH (Germany).
The global automotive manufacturing equipment market is expected to grow from USD 6.7 billion in 2023 to USD 11.4 billion by 2028, at a compound annual growth rate (CAGR) of 11.1% during the forecast period.The key players ABB (Switzerland), FANUC CORPORATION (Japan), KUKA AG (Germany), Yaskawa Electric Corporation (Japan), and Kawasaki Heavy Industries, Ltd (Japan), AMADA CO., LTD. (Japan), AIDA ENGINEERING, LTD. (Japan), Dürr Group (Germany), Schuler Group (Germany), TRUMPF (Germany), Universal Robots (Denmark), Daifuku Co., Ltd. (Japan), Yamazaki Mazak Corporation (Japan).
The global HVAC system market is expected to grow from USD 206.3 billion in 2023 to USD 280.1 billion by 2028, at a compound annual growth rate (CAGR) of 6.3 during the forecast period.The Key Players DAIKIN INDUSTRIES, Ltd. (Japan), Johnson Controls (US), Carrier (US), Trane Technologies plc (US), LG Electronics (South Korea).
The global industrial valves market is expected to grow from USD 80.4 billion in 2023 to USD 99.8 billion by 2028, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.The Major Players Emerson (US), Flowserve Corporation (US), Schlumberger Limited (US), Crane Co. (Sweden), Neles (Finland), KITZ Corporation (Japan), IMI PLC (UK), KSB SE & Co. KGaA (Germany), Bray International (US), and Spirax-Sarco Engineering PLC (UK).
The AI in agriculture market is expected to grow from USD 1.7 billion in 2023 to USD 4.7 billion in 2028, at a compound annual growth rate (CAGR) of 23.1% during the forecast period.The key players Deere & Company (US), IBM (US), Microsoft (US), The Climate Corporation (US), Farmers Edge Inc. (Canada), Granular Inc. (Canada), AgEagle Aerial Syatems Inc. (US), Descartes Labs, Inc. (US).
The global AI in computer vision market is expected to grow from USD 17.2 billion in 2023 to USD 45.7 billion by 2028, at a compound annual growth rate (CAGR) of 21.5% during the forecast period.The Key Players NVIDIA Corporation (US), Intel Corporation (US), Microsoft (US), IBM Corporation (US), Qualcomm Technologies Inc. (US), Advanced Micro Devices, Inc (US), Alphabet, Inc. (US), Amazon (US), Basler AG (Germany), Hailo (US), and Groq, Inc. (US). The other company profiles included in the scope are Sighthound, Inc. (US), Neurala, Inc. (US), Datagen (Israel), Graphcore (UK), Groopic (US), Ultraleap (US), Algolux (US), Athena Security (US), Snorkel AI (US), Vizseek (US), Robotic Vision Technologies (US), AMP Robotics (US), CureMetrix (US), and Creative Virtual (UK) .
The mass flow controller market is expected to grow from USD 1.7 billion in 2023 to USD 3.3 billion in 2028, at a compound annual growth rate (CAGR) of 14.0% during the forecast period. The Key players Brooks Instrument (US), Bronkhorst (Netherland), Christian Bürkert GmbH & Co. KG (Germany), MKS Instruments (US), Sierra Instruments (US), HORIBA, Ltd. (Japan), Sensirion AG (Switzerland), Teledyne Hastings Instruments (US), Alicat Scientific (US), Parker Hannifin Corp (US).
The global 3D scanners market is expected to grow from USD 1.1 Billion in 2023 to USD 1.5 Billion by 2028, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.The major players Hexagon AB (Sweden), FARO Technologies, Inc. (US), Trimble Inc. (US), Nikon Corporation (Japan), and Carl Zeiss AG (Germany).
The industrial PC market is expected to grow from USD 5.0 billion in 2023 to USD 6.6 billion in 2028, at a compound annual growth rate (CAGR) of 5.5% during the forecast period.The Key players Advantech Co., Ltd., (Taiwan), Beckhoff Automation (Germany), IEI Integration Corporation (Taiwan), Siemens (Germany), B&R Automation (Austria), Kontron (Germany), Avalue Technology Incorporation (Taiwan), DFI (Taiwan), NEXCOM International Co., Ltd., (Taiwan), and American Portwell Technology Inc. (US).
The global automatic tube cleaning system market is expected to grow from USD 117 million in 2023 to USD 143 million by 2028, at a compound annual growth rate (CAGR) of 4.0% during the forecast period.The Major Players Taprogge Gmbh (Germany) BEAUDREY (France), WesTech Engineering, LLC (U.S.), Ovivo (Canada), Balltech Energy Ltd.(Israel) and among others
The global remote monitoring and control market is expected to grow from USD 24.6 billion in 2022 to USD 32.3 billion by 2027, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The Top Players Emerson Electric (US), Honeywell International (US), Siemens (Germany), Schneider Electric (France), and ABB (Switzerland).
The valve positioner market is expected to grow from USD 1.8 billion in 2022 to USD 2.4 billion in 2027, at a compound annual growth rate (CAGR) of 5.6% during the forecast period. The Key Players Emerson Electric Co. (US), ABB (Switzerland), Flowserve Corporation (US), Siemens AG (Germany), Schneider Electric (France), SMC (Japan), Azbil Corporation (Japan), Baker Hughes Company (US), Rotork plc (UK), Valmet (Finland). Samson AG (Germany), VRG Controls (US), Festo Inc. (Germany), Badger Meter, Inc. (US), ControlAir (US), Crane Co. (US), Christian Burkert GmbH & Co. KG (Germany), GEMU Group (Germany), Dwyer Instruments LTD (US), Valve Related Controls, Inc (US), Power-Genex Ltd. (South Korea), Val Controls (Denmark), Bray International (US), Nihon KOSO Co., Ltd. (Japan), Spirax-Sarco Limited (UK).
The global industrial automation and control systems market is expected to grow from USD 147.9 billion in 2022 to USD 218.8 billion by 2027, at a compound annual growth rate (CAGR) of 8.2% during the forecast period.The Key Players ABB (Switzerland), Emerson (US), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric (Japan), Yokogawa Electric Corporation (Japan), Endress+Hauser (Switzerland), Honeywell (US), Rockwell Automation (US), and General Electric (US).