The global industrial automation market is expected to. The global industrial automation market is expected to witness a cagr of 7. Global industrial automation software market in 2018 and 2023, by type in billion u. The market is anticipated to witness significant growth over the forecast period on account of the increasing adoption of process automation across various industries such as automotive, energy utilities, and chemical. Such advancement has seen the incorporation of flexible and smarter power and automation industrial technologies. Market research future mrfr estimates the global industrial automation market to be a usd 216. Whereas the industrial age regarded automation as feats of mechanical engineering, the automation of today is driven by advancements in robotics and software engineering. Industrial automation market size, share, forecast report, 2026. The global industrial automation market is poised to grow at a cagr of around 5. The global industrial automation and control systems market size was valued at usd 126.
January 27, 2020, published via wired release global industrial automation service market by type distributed control systems dcs, supervisory control and. Distributed control system occupied the dominant market share. Automation penetration in nonautomotive industries globally is much lower than the. Based on technology, the global industrial automation market has been segmented into supervisory control and data acquisition, humanmachine interface, distributed control system, and others. Business design archetypes in the automation industry service providers abb solution providers service products service. Modern power and automation technologies have seen greater advancement within the industrial scenario. Browse global industrial control and factory automation market research report with. Process industry holds a prominent share in the market due to high adoption of industrial control and factory automation to optimize the production process. According to the report, global industrial automation market was valued at approximately usd 207. Global industrial automation market segment analysis. The global industrial automation market size was valued at usd 157. Industrial automation market research report forecast.
Industrial and factory automation market research report. Global industrial automation software market 20182022 gii. Global industrial automation software market 2023 statista. According to the report, the global industrial automation market on the. Global industrial automation service market huge growth in. According to the report added by progressive markets, the global industrial automation market is expected to grow at a considerable cagr during the forecast period. Industrial automation solutions are extensively adopted in a wide range of industries, such as energy and power, pharmaceutical, oil and gas, process industries, and chemicals. Pdf industrial control and factory automation market report to. The report on the global market is also used for the determination of the key factors which are likely to affect the growth of the market on the global industrial automation software market.
The infographic is also available to download in pdf here. Global automation market revenue by segment 2021 statista. Technavios analysts forecast the global industrial automation software market to grow at a cagr of 7. The global industrial automation market was valued at usd 128. The global industrial automation market was worth usd xx million in. Global industrial automation market will reach usd 321. Risk in automation and power industries iii executive summary power provides the basis on which the global economy runs. Dorner is a leading global designer and manufacturer of smart technology precision unit conveyor. The industrial robot market 2019 interact analysis. Global industrial automation software market 2020 size. Industrial automation market size, share, forecast report.