Industrial Automation Control Market: Key Geographies that will Drive Growth

Geographical Segmentation and Growth Analysis

The industrial automation control market is set to grow by $ 25.14 bn, accelerating at a CAGR of almost 4.87% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.

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Industrial Automation Control Market: APAC to lead market growth during the forecast period

• Based on our Geographical Segmentation, APAC is projected to contribute 45% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the industrial automation control market size
• Need for simplification of complex manufacturing activities will be a significant factor in driving the growth of the industrial automation control market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
• Market is segmented by Product (Sensors, Drives, DCS, SCADA, and PLC), End-user (Process industry and Discrete industry), and Geography (APAC, North America, Europe, South America, and MEA).

Industrial Automation Control Market: Vendor Landscape

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of almost 4.87%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 25.14 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Need for simplification of complex manufacturing activities will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   45% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp.
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Sensors, Drives, DCS, SCADA, and PLC), End-user (Process industry and Discrete industry), and Geography (APAC, North America, Europe, South America, and MEA).

Market Segmentation by Product

• • Industrial Automation Control Market Split by Product
    • Sensors
    • Drives
    • DCS
    • SCADA
    • PLC
  • Industrial Automation Control Market Split by End-user
    • Process industry
    • Discrete industry
  • Industrial Automation Control Market Split by Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• ABB Ltd.
• Eaton Corp. Plc
• Emerson Electric Co.
• General Electric Co.
• Honeywell International Inc.
• OMRON Corp.
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens AG
• Yokogawa Electric Corp.

Industrial Automation Control Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024

Technavio has been monitoring the industrial automation control market and it is expected to grow by $ 25.18 bn, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Industrial Automation Control Market: Key Trends to impact market growth

The virtualization of automation control systems is one of the key industrial automation control market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Industrial Automation Control Market: Top Drivers to Boost Demand

The increasing focus towards smart factories is one of the primary factors driving the growth of the industrial automation control market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Vendor Analysis: ABB Ltd., Eaton Corporation Plc and Emerson Electric Co. are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., Eaton Corporation Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. are some of the major market participants.

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Industrial Automation Control Market: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive industrial automation control market growth during the next five years
• Precise estimation of the industrial automation control market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the industrial automation control market industry across APAC, North America, Europe, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of industrial automation control market vendors