Industrial Control & Factory Automation Global Market Report 2024

Global Industrial Control and Factory Automation Market Report 2024

Industrial Control & Factory Automation Global Market Report 2024 – By Component (Industrial Robots, Machine Vision System, Process Analyzer, Field Instruments, Human–Machine Interface (HMI), Industrial PC, Industrial Sensors, Industrial 3D Printing, Vibration Monitoring, Other Components), 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), By Industry (Process Industry, Discrete Industry) – Market Size, Trends, And Global Forecast 2024-2033

Name: Industrial Control & Factory Automation Global Market Report 2024
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Industrial Control & Factory Automation Global Market Report 2024

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Industrial Control & Factory Automation Market Definition

Industrial control and factory automation refer to the process of implementing technologies to automate major industrial control processes and improve production and efficiency.

The main components of industrial control and factory automation are industrial robots, machine vision systems, process analyzers, field instruments, human-machine interface (HMI), industrial PCs, industrial sensors, industrial 3D printing, vibration monitoring, and others. Industrial robots are mechanical machines that are programmed to automate industrial tasks that are used to reduce repetitive manual tasks in the manufacturing process to enhance the productivity of the organization. Major solutions are 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), and functional safety used in industries such as the process industry, and discrete industry.

Industrial Control & Factory Automation Market Segmentation

The industrial control & factory automation market covered in this report is segmented –

1) By Component: Industrial Robots, Machine Vision System, Process Analyser, Field Instruments, Human–Machine 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

Global Industrial Control & Factory Automation Market Size 2023 to 2028: Graph

Industrial Control & Factory Automation Market Size 2024 And Growth Rate

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 growth in the historic period can be attributed to efficiency and cost reduction goals, adoption of dcs systems, integration of mes systems, human-machine interface (hmi), computer numerical control (cnc).

Industrial Control & Factory Automation Market Growth Forecast

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%. The growth in the forecast period can be attributed to smart manufacturing practices, emphasis on energy efficiency, artificial intelligence and machine learning integration, rapid adoption of iot devices, industry 4.0 evolution. Major trends in the forecast period include remote and smart manufacturing, energy efficiency and sustainability, predictive maintenance strategies, edge computing in automation, cybersecurity measures.

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Industrial Control & Factory Automation Market Driver: Connected Enterprises Fuel Growth In Industrial Control And Factory Automation Market

The emergence of connected enterprises is expected to propel the growth of the industrial control and factory automation market going forward. Connected enterprises are businesses that have digitalized all of their business processes using IoT technology to improve operations. Business process automation is an essential step in making connected enterprises as it helps factories to operate with fewer unskilled resources and allows the organization to utilize these resources for adopting advanced technologies and digitalization systems. For instance, according to the Global Digital Transformation Survey 2021 conducted by Fujitsu, a Japan-based information and communication technology company, which included a survey of 1,200 business leaders across 9 countries, 78% of the respondents effectively responded to COVID-19 pandemic by relying on agility, digitalization, and employee well-being. 44% of the respondents predicted that more than half of their current business processes will be automated by 2025 and business process automation was second on the priority list of the majority of the respondents. Therefore, the increasing number of connected enterprises is driving the growth of the industrial control and factory automation market.

Industrial Control & Factory Automation Market Driver: Growth In Vehicle Production Is Anticipated To Fuel The Industrial Control And Factory Automation Market

The growth in vehicle production is expected to propel the growth of the industrial control and factory automation market going forward. A vehicle is a mobile machine designed for transporting people or goods from one place to another. Industrial control and factory automation are used in vehicle production to streamline manufacturing processes, enhance efficiency, and ensure precision in assembly, leading to increased productivity and higher-quality automotive products. For instance, in May 2023, according to the European Automobile Manufacturers Association (ACEA), an Italy-based association, in 2022, 85.4 million motor vehicles were produced around the world, an increase of 5.7% compared to 2021. Therefore, the growth in vehicle production is driving the industrial control and factory automation market.

Global Industrial Control & Factory Automation Market Major Players

Major companies operating in the industrial control & factory automation market report 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, Omron Corporation, Endress+Hauser Group, FANUC Corporation, WIKA Alexander Wiegand SE & Co KG, Dwyer Instruments Inc., Stratasys Ltd., 3D Systems Corporation, Azbil Corporation, Krohne Group, Fuji Electric Co Ltd., Hitachi Ltd., VEGA Grieshaber KG, PINpoint Information Systems Inc, Inxpect SPA, Algolux Inc., Yaskawa America Inc., Roboze SPA, Seiko Epson Corporation, Advantech Co Ltd., RS Americas Inc., Applied Materials Inc., Aspen Technology Inc., Beckhoff Automation GmbH & Co KG, Bosch Rexroth AG, Cognex Corporation, Danaher Corporation, Delta Electronics Inc. .

Global Industrial Control & Factory Automation Market Trend: Product Innovation Gaining Popularity In Industrial Control And Factory Automation Market

Product innovation is a key trend gaining popularity in the industrial control and factory automation market. Major companies operating in the industrial control and factory automation market are introducing new innovative products to sustain their position in the market. For instance, in February 2021, Schneider Electric, France-based digital automation, and energy management company, launched the EcoStruxure Automation Expert industrial automation system. It is first of its first-of-its-kind software-based industrial automation system that allows the user to distribute applications to any system hardware and to build applications using asset-centric components. The system also allows enterprises to achieve maximum workforce optimization and efficiency.

Global Industrial Control & Factory Automation Market Trend: Advanced Systems To Accelerate Digital Transformation

Major companies operating in the industrial control and factory automation market are focused on developing advanced systems such as distributed control systems (DCS) to accelerate digital transformation. A distributed control system (DCS) is a digital automated industrial control system that uses geographically distributed control loops throughout a plant. For instance, in 2023, ABB, a Switzerland-based power and automation technology company, launched its ABB Ability Symphony Plus distributed control system (DCS) with seamless and secure access to an extended digital ecosystem, offering fleet asset management through ABB Ability Genix Asset Performance Management and access to process and alarm data from mobile devices.

Industrial Control & Factory Automation Market Merger And Acquisition: Accenture Acquires Brazilian Robotics And Automation Firm Pollux To Enhance Its Abilities To Serve Clients

In April 2021, Accenture, an Ireland-based professional services company acquired Pollux for an undisclosed amount. Accenture's acquisition of Pollux was aimed to enhance its abilities to serve clients in the consumer goods, pharmaceutical, and automotive industries looking to improve the productivity, safety, and sustainability of their factories, plants, and supply chains. Pollux is a Brazil-based provider of industrial robotics and automation solutions.

Regional Analysis For The Global Industrial Control & Factory Automation Market

Asia-Pacific was the largest region in the industrial control & factory automation market share in 2023. The regions covered in the industrial control & factory automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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

The industrial control & factory automation market consists of revenues earned by entities by providing services such as control system integration, system installation, and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial control & factory automation market also includes sales of automation cells, conveyors, and special devices such as lifters and turn-over machines that are used in providing industrial control and factory automation services. 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 industrial control & factory automation market research report is one of a series of new reports from The Business Research Company that provides industrial control & factory automation market statistics, including industrial control & factory automation industry global market size, regional shares, competitors with an industrial control & factory automation market share, detailed industrial control & factory automation market segments, market trends and opportunities, and any further data you may need to thrive in the industrial control & factory automation industry. This industrial control & factory automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial Control & Factory Automation Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$163.9 billion
Revenue Forecast In 2033	$224.79 billion
Growth Rate	CAGR of 8.2% 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 Component: Industrial Robots, Machine Vision System, Process Analyzer, Field Instruments, Human–Machine 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
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	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; Omron Corporation; Endress+Hauser Group; FANUC Corporation; WIKA Alexander Wiegand SE & Co KG; Dwyer Instruments Inc.; Stratasys Ltd.; 3D Systems Corporation; Azbil Corporation; Krohne Group; Fuji Electric Co Ltd.; Hitachi Ltd.; VEGA Grieshaber KG; PINpoint Information Systems Inc; Inxpect SPA; Algolux Inc.; Yaskawa America Inc.; Roboze SPA; Seiko Epson Corporation; Advantech Co Ltd.; RS Americas Inc.; Applied Materials Inc.; Aspen Technology Inc.; Beckhoff Automation GmbH & Co KG; Bosch Rexroth AG; Cognex Corporation; Danaher Corporation; Delta Electronics Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Industrial Control & Factory Automation Market Characteristics

3. Industrial Control & Factory Automation Market Trends And Strategies

4. Industrial Control & Factory 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 Industrial Control & Factory Automation Market Size and Growth

5.1. Global Industrial Control & Factory Automation Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Industrial Control & Factory Automation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

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

6. Industrial Control & Factory Automation Market Segmentation

6.1. Global Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Industrial Robots

Machine Vision System

Process Analyser

Field Instruments

Human–Machine Interface (HMI)

Industrial PC

Industrial Sensors

Industrial 3D Printing

Other Components

6.2. Global Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

6.3. Global Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Process Industry

Discrete Industry

7. Industrial Control & Factory Automation Market Regional And Country Analysis

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

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

8. Asia-Pacific Industrial Control & Factory Automation Market

8.1. Asia-Pacific Industrial Control & Factory 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 Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Industrial Control & Factory Automation Market

9.1. China Industrial Control & Factory Automation Market Overview

9.2. China Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Industrial Control & Factory Automation Market

10.1. India Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Industrial Control & Factory Automation Market

11.1. Japan Industrial Control & Factory Automation Market Overview

11.2. Japan Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Industrial Control & Factory Automation Market

12.1. Australia Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Industrial Control & Factory Automation Market

13.1. Indonesia Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Industrial Control & Factory Automation Market

14.1. South Korea Industrial Control & Factory Automation Market Overview

14.2. South Korea Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Industrial Control & Factory Automation Market

15.1. Western Europe Industrial Control & Factory Automation Market Overview

15.2. Western Europe Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Industrial Control & Factory Automation Market

16.1. UK Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Industrial Control & Factory Automation Market

17.1. Germany Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Industrial Control & Factory Automation Market

18.5. France Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Industrial Control & Factory Automation Market

19.9. Italy Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Industrial Control & Factory Automation Market

20.13. Spain Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Industrial Control & Factory Automation Market

21.1. Eastern Europe Industrial Control & Factory Automation Market Overview

21.2. Eastern Europe Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Industrial Control & Factory Automation Market

22.1. Russia Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Industrial Control & Factory Automation Market

23.1. North America Industrial Control & Factory Automation Market Overview

23.2. North America Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Industrial Control & Factory Automation Market

24.1. USA Industrial Control & Factory Automation Market Overview

24.2. USA Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Industrial Control & Factory Automation Market

25.1. Canada Industrial Control & Factory Automation Market Overview

25.2. Canada Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Industrial Control & Factory Automation Market

26.1. South America Industrial Control & Factory Automation Market Overview

26.2. South America Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Industrial Control & Factory Automation Market

27.1. Brazil Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Industrial Control & Factory Automation Market

28.1. Middle East Industrial Control & Factory Automation Market Overview

28.2. Middle East Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Industrial Control & Factory Automation Market

29.1. Africa Industrial Control & Factory Automation Market Overview

29.2. Africa Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Industrial Control & Factory Automation Market Competitive Landscape And Company Profiles

30.1. Industrial Control & Factory Automation Market Competitive Landscape

30.2. Industrial Control & Factory Automation Market Company Profiles

30.2.1. ABB 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. Emerson Electric Co.

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. Siemens AG

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. Schneider Electric SE

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. Mitsubishi Electric Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Industrial Control & Factory Automation Market Competitive Benchmarking

32. Global Industrial Control & Factory Automation Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Industrial Control & Factory Automation Market

34. Industrial Control & Factory Automation Market Future Outlook and Potential Analysis

34.1 Industrial Control & Factory Automation Market In 2028 - Countries Offering Most New Opportunities

34.2 Industrial Control & Factory Automation Market In 2028 - Segments Offering Most New Opportunities

34.3 Industrial Control & Factory Automation Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. 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 Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Industrial Control & Factory Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Industrial Control & Factory Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: ABB Ltd. Financial Performance

Table 75: Emerson Electric Co. Financial Performance

Table 76: Siemens AG Financial Performance

Table 77: Schneider Electric SE Financial Performance

Table 78: Mitsubishi Electric Corporation 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 Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Industrial Control & Factory Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Industrial Control & Factory Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Industrial Control & Factory Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Industrial Control & Factory Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Industrial Control & Factory Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: ABB Ltd. Financial Performance

Figure 75: Emerson Electric Co. Financial Performance

Figure 76: Siemens AG Financial Performance

Figure 77: Schneider Electric SE Financial Performance

Figure 78: Mitsubishi Electric Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the industrial control & factory automation market?

Industrial control and factory automation refer to the process of implementing technologies to automate major industrial control processes and improve production and efficiency. For further insights on the industrial control & factory automation market, request a sample here

How will the industrial control & factory automation market drivers and restraints affect the industrial control & factory automation market dynamics? What forces will shape the industrial control & factory automation industry going forward?

The industrial control & factory automation market major growth driver - connected enterprises fuel growth in industrial control and factory automation market. For further insights on the industrial control & factory automation market, request a sample here

What is the forecast market size or the forecast market value of the industrial control & factory automation market ?

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 growth in the historic period can be attributed to efficiency and cost reduction goals, adoption of dcs systems, integration of mes systems, human-machine interface (hmi), computer numerical control (cnc).. 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%. The growth in the forecast period can be attributed to smart manufacturing practices, emphasis on energy efficiency, artificial intelligence and machine learning integration, rapid adoption of iot devices, industry 4.0 evolution.. Major trends in the forecast period include remote and smart manufacturing, energy efficiency and sustainability, predictive maintenance strategies, edge computing in automation, cybersecurity measures.. For further insights on the industrial control & factory automation market, request a sample here

How is the industrial control & factory automation market segmented?

The industrial control & factory automation market is segmented
1) By Component: Industrial Robots, Machine Vision System, Process Analyser, Field Instruments, Human–Machine 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 IndustryFor further insights on the industrial control & factory automation market, request a sample here

Which region has the largest share of the industrial control & factory automation market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the industrial control & factory automation market share in 2023. The regions covered in the industrial control & factory automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the industrial control & factory automation market, request a sample here.

Who are the major players in the industrial control & factory automation market?

What are the key trends in the industrial control & factory automation market?

Major trend in the industrial control & factory automation market - product innovation gaining popularity in industrial control and factory automation market. For further insights on the industrial control & factory automation market, request a sample here.

What are the major opportunities in the industrial control & factory automation market? What are the strategies for the industrial control & factory automation market?

For detailed insights on the major opportunities and strategies in the industrial control & factory automation market, request a sample here.

How does the industrial control & factory automation market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the industrial control & factory automation industry?

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What are the key dynamics influencing the industrial control & factory automation market growth? SWOT analysis of the industrial control & factory automation market.

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