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Global Discrete Automation Market Report 2024

Discrete Automation Global Market Report 2024 – By Type (Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Programmable Logic Controllers (PLC), Distributed Control System (DCS), Other Types), By Component (Solutions, Services), By Application (Packaging, Automotive, Textile, Aerospace And Defense, Food Processing, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Discrete Automation Global Market Report 2024

Starting Price : $5000.00 | Pages : 175 | Published : April 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Discrete Automation Market Definition And Segments

Discrete automation refers the use of automated systems to control specific processes or tasks in manufacturing, industrial, or other operational environments. These systems are designed to perform tasks with more accuracy, speed, and dependability, resulting in increased efficiency, productivity, and quality in manufacturing and other industrial operations.

The main types of discrete automation are product lifecycle management (PLM), manufacturing execution system (MES), programmable logic controllers (PLC), distributed control system (DCS), and others. Product lifecycle management (PLM) refers to the process of managing the entire lifecycle of a product, from its conception through design and manufacturing to service and disposal. The components are categorized into solutions and services, which are used for several applications, including packaging, automotive, textile, aerospace and defense, food processing, and others.

The discrete automation market covered in this report is segmented –

1) By Type: Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Programmable Logic Controllers (PLC), Distributed Control System (DCS), Other Types

2) By Component: Solutions, Services

3) By Application: Packaging, Automotive, Textile, Aerospace And Defense, Food Processing, Other Applications

The discrete automation market size has grown strongly in recent years. It will grow from $5.57 billion in 2023 to $5.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growing complexity of manufacturing processes, need for operational efficiency, regulatory compliance requirements, increasing labor costs, demand for quality and precision.

The discrete automation market size is expected to see strong growth in the next few years. It will grow to $7.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to adoption of industry 4.0 technologies, focus on flexible and agile manufacturing, emergence of edge computing solutions, emphasis on sustainability and energy efficiency, expansion of internet of things (IoT) applications. Major trends in the forecast period include rise of digital twins in manufacturing, increased use of cloud-based automation platforms, expansion of predictive maintenance solutions, development of autonomous manufacturing systems, surge in demand for cybersecurity solutions in automation.

Efficient Manufacturing Fuels Discrete Automation Market Growth

The increasing demand for efficient manufacturing is expected to propel the growth of the discrete automation market going forward. Efficient manufacturing refers to the ability to produce goods with the lowest possible total cost while minimizing waste of materials, time, and energy and increasing the effectiveness and quality of the work done. Rising labor costs, fluctuating raw material prices, and escalating energy expenses compel manufacturers to seek methods for process optimization and cost reduction, thereby driving the pursuit of efficient manufacturing practices. Discrete automation technologies, including robotics, PLCs (programmable logic controllers), and conveyor systems, streamline production processes by enabling automated assembly lines to operate continuously at consistent speeds, thus enhancing productivity and reducing cycle times. For instance, in September 2023, according to a publication by the International Federation of Robotics (IFR), a Germany-based non-profit organization, industrial robot installations reached a new record level of 553,052 units in 2022, marking a 5% increase from the previous year's high of 526,144 units installed in 2021. Therefore, the increasing demand for efficient manufacturing is driving the growth of the discrete automation market.

Major companies operating in the discrete automation market are Hitachi Ltd., Siemens AG, Cisco Systems Inc., Mitsubishi Electric Corporation, Honeywell International Inc., ABB Ltd., Invensys plc (Schneider Electric Co.), Toshiba Corporation, Eaton Corporation plc, Texas Instruments Incorporated, Emerson Electric Co., GE Grid Solutions, ANDRITZ GROUP, Rockwell Automation Inc., Omron Corporation, Valmet Oyj, Azbil Corporation, Ingeteam, Chongqing Chuanyi Automation Co. Ltd., HollySys Automation Technologies, Nanjing Sciyon Automation Group Co. Ltd., Beijing consen Technology Co. Ltd., Shanghai Automation Instrumentation Co. Ltd., Yokogawa Electric Corporation, ZAT Company, SUPCON Technology Co. Ltd., Shanghai Xin Hua Control Technology (Group) Co. Ltd., Nanjing Delto Technology

Technological Advancements Driving A Competitive Edge In The Discrete Automation Market

Major companies operating in the discrete automation market are increasing their focus on developing advanced solutions, such as life cycle assessment (LCA) automation, to gain a competitive edge in the market. LCA automation refers to a technology that offers a comprehensive solution for discrete manufacturing, integrating advanced automation technologies to streamline production processes, optimize efficiency, and enhance overall productivity. For instance, in March 2023, Sphera Solutions Inc., a US-based software company, launched the latest advancement in LCA automation, revolutionizing product sustainability practices in discrete manufacturing. With Sphera's new solution, conducting enterprise-wide LCA analyses will transition from months to mere minutes, drastically improving efficiency. By automatically importing primary product data from the Bill of Materials (BOM) and swiftly calculating emissions, this iteration empowers discrete manufacturers to conduct reliable LCAs at scale across their entire product range within condensed timeframes. The ultimate aim of LCA Automation is to enable businesses, particularly those dealing with intricate products, to systematically reduce greenhouse gas (GHG) emissions throughout the production process, aligning with sustainability objectives.

ABB Ltd. Acquires Robotics Technology Firm To Enhance Its Position In The Market

In January 2024, ABB Ltd., a Switzerland-based engineering company acquired Sevensense Robotics AG for an undisclosed amount. This acquisition brings advanced sensing technology and a broader product portfolio, significantly enhancing ABB's position in the discrete automation market by meeting growing demand, improving manufacturing efficiency, enhancing safety, reducing costs, and future-proofing manufacturing processes. Sevensense Robotics AG is a Switzerland-based robotics company that develops technology to enable mobile robots to navigate safely and autonomously in dynamic spaces.

Asia-Pacific was the largest region in the discrete automation market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the discrete automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the discrete automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The discrete automation market consists of revenues earned by entities providing services such as consulting, integration, installation, maintenance, repair, and training related to automation technologies. The market value includes the value of related goods sold by the service provider or included within the service offering. The discrete automation market also includes sales of products such as industrial robots, human-machine interface (HMI) systems, motion control systems, sensors, vision systems, and machine vision cameras. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The discrete automation research report is one of a series of new reports from The Business Research Company that provides discrete automation market statistics, including the discrete automation industry's global market size, regional shares, competitors with an discrete automation market share, detailed discrete automation market segments, market trends and opportunities, and any further data you may need to thrive in the discrete automation industry. This discrete automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Discrete Automation Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $5.98 billion
Revenue Forecast In 2033 $7.53 billion
Growth Rate CAGR of 6.0% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Programmable Logic Controllers (PLC), Distributed Control System (DCS), Other Types
2) By Component: Solutions, Services
3) By Application: Packaging, Automotive, Textile, Aerospace And Defense, Food Processing, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Hitachi Ltd.; Siemens AG; Cisco Systems Inc.; Mitsubishi Electric Corporation; Honeywell International Inc.; ABB Ltd.; Invensys plc (Schneider Electric Co.); Toshiba Corporation; Eaton Corporation plc; Texas Instruments Incorporated; Emerson Electric Co.; GE Grid Solutions; ANDRITZ GROUP; Rockwell Automation Inc.; Omron Corporation; Valmet Oyj; Azbil Corporation; Ingeteam; Chongqing Chuanyi Automation Co. Ltd.; HollySys Automation Technologies; Nanjing Sciyon Automation Group Co. Ltd.; Beijing consen Technology Co. Ltd.; Shanghai Automation Instrumentation Co. Ltd.; Yokogawa Electric Corporation; ZAT Company; SUPCON Technology Co. Ltd; Shanghai Xin Hua Control Technology (Group) Co. Ltd.; Nanjing Delto Technology
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Discrete Automation Market Characteristics

    3. Discrete Automation Market Trends And Strategies

    4. Discrete Automation Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Discrete Automation Market Size and Growth

    5.1. Global Discrete Automation Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Discrete Automation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Discrete Automation Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Discrete Automation Market Segmentation

    6.1. Global Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Product Lifecycle Management (PLM)

    Manufacturing Execution System (MES)

    Programmable Logic Controllers (PLC)

    Distributed Control System (DCS)

    Other Types

    6.2. Global Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Solutions

    Services

    6.3. Global Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Packaging

    Automotive

    Textile

    Aerospace And Defense

    Food Processing

    Other Applications

    7. Discrete Automation Market Regional And Country Analysis

    7.1. Global Discrete Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Discrete Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Discrete Automation Market

    8.1. Asia-Pacific Discrete Automation Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Discrete Automation Market

    9.1. China Discrete Automation Market Overview

    9.2. China Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Discrete Automation Market

    10.1. India Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Discrete Automation Market

    11.1. Japan Discrete Automation Market Overview

    11.2. Japan Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Discrete Automation Market

    12.1. Australia Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Discrete Automation Market

    13.1. Indonesia Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Discrete Automation Market

    14.1. South Korea Discrete Automation Market Overview

    14.2. South Korea Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Discrete Automation Market

    15.1. Western Europe Discrete Automation Market Overview

    15.2. Western Europe Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Discrete Automation Market

    16.1. UK Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Discrete Automation Market

    17.1. Germany Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Discrete Automation Market

    18.1. France Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Discrete Automation Market

    19.1. Italy Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Discrete Automation Market

    20.1. Spain Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Discrete Automation Market

    21.1. Eastern Europe Discrete Automation Market Overview

    21.2. Eastern Europe Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Discrete Automation Market

    22.1. Russia Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Discrete Automation Market

    23.1. North America Discrete Automation Market Overview

    23.2. North America Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Discrete Automation Market

    24.1. USA Discrete Automation Market Overview

    24.2. USA Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Discrete Automation Market

    25.1. Canada Discrete Automation Market Overview

    25.2. Canada Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Discrete Automation Market

    26.1. South America Discrete Automation Market Overview

    26.2. South America Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Discrete Automation Market

    27.1. Brazil Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Discrete Automation Market

    28.1. Middle East Discrete Automation Market Overview

    28.2. Middle East Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Discrete Automation Market

    29.1. Africa Discrete Automation Market Overview

    29.2. Africa Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Discrete Automation Market Competitive Landscape And Company Profiles

    30.1. Discrete Automation Market Competitive Landscape

    30.2. Discrete Automation Market Company Profiles

    30.2.1. Hitachi Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Siemens AG

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Cisco Systems Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Mitsubishi Electric Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Honeywell International Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Discrete Automation Market Other Major And Innovative Companies

    31.1. ABB Ltd.

    31.2. Invensys plc (Schneider Electric Co.)

    31.3. Toshiba Corporation

    31.4. Eaton Corporation plc

    31.5. Texas Instruments Incorporated

    31.6. Emerson Electric Co.

    31.7. GE Grid Solutions

    31.8. ANDRITZ GROUP

    31.9. Rockwell Automation Inc.

    31.10. Omron Corporation

    31.11. Valmet Oyj

    31.12. Azbil Corporation

    31.13. Ingeteam

    31.14. Chongqing Chuanyi Automation Co. Ltd.

    31.15. HollySys Automation Technologies

    32. Global Discrete Automation Market Competitive Benchmarking

    33. Global Discrete Automation Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Discrete Automation Market

    35. Discrete Automation Market Future Outlook and Potential Analysis

    35.1 Discrete Automation Market In 2028 - Countries Offering Most New Opportunities

    35.2 Discrete Automation Market In 2028 - Segments Offering Most New Opportunities

    35.3 Discrete Automation Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Discrete Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Discrete Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Hitachi Ltd. Financial Performance
  • Table 75: Siemens AG Financial Performance
  • Table 76: Cisco Systems Inc. Financial Performance
  • Table 77: Mitsubishi Electric Corporation Financial Performance
  • Table 78: Honeywell International Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Discrete Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Discrete Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Discrete Automation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Discrete Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Discrete Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Hitachi Ltd. Financial Performance
  • Figure 75: Siemens AG Financial Performance
  • Figure 76: Cisco Systems Inc. Financial Performance
  • Figure 77: Mitsubishi Electric Corporation Financial Performance
  • Figure 78: Honeywell International Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the discrete automation market?

Discrete automation refers the use of automated systems to control specific processes or tasks in manufacturing, industrial, or other operational environments. These systems are designed to perform tasks with more accuracy, speed, and dependability, resulting in increased efficiency, productivity, and quality in manufacturing and other industrial operations. For further insights on the discrete automation market, request a sample here

How will the discrete automation market drivers and restraints affect the discrete automation market dynamics? What forces will shape the discrete automation industry going forward?

The discrete automation market major growth driver - Efficient Manufacturing Fuels Discrete Automation Market Growth. For further insights on the discrete automation market, request a sample here

What is the forecast market size or the forecast market value of the discrete automation market?

The discrete automation market size has grown strongly in recent years. It will grow from $5.57 billion in 2023 to $5.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growing complexity of manufacturing processes, need for operational efficiency, regulatory compliance requirements, increasing labor costs, demand for quality and precision. The discrete automation market size is expected to see strong growth in the next few years. It will grow to $7.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to adoption of industry 4.0 technologies, focus on flexible and agile manufacturing, emergence of edge computing solutions, emphasis on sustainability and energy efficiency, expansion of internet of things (IoT) applications. Major trends in the forecast period include rise of digital twins in manufacturing, increased use of cloud-based automation platforms, expansion of predictive maintenance solutions, development of autonomous manufacturing systems, surge in demand for cybersecurity solutions in automation. For further insights on the discrete automation market, request a sample here

How is the discrete automation market segmented?

The discrete automation market is segmented
1) By Type: Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Programmable Logic Controllers (PLC), Distributed Control System (DCS), Other Types
2) By Component: Solutions, Services
3) By Application: Packaging, Automotive, Textile, Aerospace And Defense, Food Processing, Other ApplicationsFor further insights on the discrete automation market, request a sample here

Which region has the largest share of the discrete automation market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the discrete automation market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the discrete automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the discrete automation market, request a sample here.

Who are the major players in the discrete automation market?

Major companies operating in the discrete automation market are Hitachi Ltd., Siemens AG, Cisco Systems Inc., Mitsubishi Electric Corporation, Honeywell International Inc., ABB Ltd., Invensys plc (Schneider Electric Co.), Toshiba Corporation, Eaton Corporation plc, Texas Instruments Incorporated, Emerson Electric Co., GE Grid Solutions, ANDRITZ GROUP, Rockwell Automation Inc., Omron Corporation, Valmet Oyj, Azbil Corporation, Ingeteam, Chongqing Chuanyi Automation Co. Ltd., HollySys Automation Technologies, Nanjing Sciyon Automation Group Co. Ltd., Beijing consen Technology Co. Ltd., Shanghai Automation Instrumentation Co. Ltd., Yokogawa Electric Corporation, ZAT Company, SUPCON Technology Co. Ltd., Shanghai Xin Hua Control Technology (Group) Co. Ltd., Nanjing Delto Technology For further insights on the discrete automation market, request a sample here.

What are the key trends in the discrete automation market?

Major trend in the discrete automation market - Technological Advancements Driving A Competitive Edge In The Discrete Automation Market. For further insights on the discrete automation market, request a sample here.

What are the major opportunities in the discrete automation market? What are the strategies for the discrete automation market?

For detailed insights on the major opportunities and strategies in the discrete automation market, request a sample here.

How does the discrete automation market relate to the overall economy and other similar markets?

For detailed insights on discrete automation market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the discrete automation industry?

For detailed insights on the mergers and acquisitions in the discrete automation industry, request a sample here.

What are the key dynamics influencing the discrete automation market growth? SWOT analysis of the discrete automation market.

For detailed insights on the key dynamics influencing the discrete automation market growth and SWOT analysis of the discrete automation industry, request a sample here.