What is Global Industrial Automation Systems and Automation Equipment Market?
Global Industrial Automation Systems and Automation Equipment Market is a vast and dynamic field that encompasses a wide range of technologies and applications. At its core, it involves the use of various systems and equipment to automate industrial processes, thereby increasing efficiency, reducing human error, and improving overall productivity. These systems and equipment can range from simple programmable logic controllers (PLCs) to complex robotics and artificial intelligence (AI) technologies. The market for these systems and equipment is truly global in nature, with demand stemming from a diverse array of industries and regions. The growth of this market is driven by several factors, including the ongoing industrial revolution, the increasing need for efficiency and productivity in manufacturing processes, and the rapid advancements in technology.
Food & Beverage Machinery, Construction Machinery and Equipment, Personal Care Automated Machinery, Householding Automated Machinery, Automotive Machinery, Pharmaceutical Machinery, Waste Management Automated Machinery, Others in the Global Industrial Automation Systems and Automation Equipment Market:
The Global Industrial Automation Systems and Automation Equipment Market encompasses a wide range of machinery and equipment used in various industries. Food & Beverage Machinery, for instance, includes automated systems for food processing, packaging, and handling. Construction Machinery and Equipment include automated systems for building and construction tasks, such as bricklaying, concrete mixing, and excavation. Personal Care Automated Machinery includes systems for the production of personal care products, such as cosmetics, toiletries, and hygiene products. Household Automated Machinery includes systems for household tasks, such as cleaning, cooking, and laundry. Automotive Machinery includes systems for the production of automobiles, including assembly lines, painting systems, and quality control systems. Pharmaceutical Machinery includes systems for the production of pharmaceutical products, including drug formulation, tablet pressing, and packaging. Waste Management Automated Machinery includes systems for waste collection, sorting, and disposal. Other types of machinery and equipment in this market include those used in industries such as agriculture, mining, and energy.
Online, Offline in the Global Industrial Automation Systems and Automation Equipment Market:
The usage of Global Industrial Automation Systems and Automation Equipment Market is widespread and can be categorized into online and offline applications. Online applications refer to the use of these systems and equipment in real-time, connected environments. This includes applications in industries such as manufacturing, where automated systems are used to control and monitor production processes in real-time. Offline applications, on the other hand, refer to the use of these systems and equipment in isolated, standalone environments. This includes applications in industries such as construction, where automated equipment is used to perform tasks independently, without the need for constant supervision or control. The choice between online and offline applications depends on several factors, including the nature of the task, the level of automation required, and the specific requirements of the industry.
Global Industrial Automation Systems and Automation Equipment Market Outlook:
Looking at the market outlook for the Global Industrial Automation Systems and Automation Equipment Market, it's clear that this sector is on a strong growth trajectory. In 2023, the market was valued at a substantial US$ 177600 million. Fast forward to 2030, and this figure is expected to almost double, reaching an impressive US$ 295600 million. This represents a compound annual growth rate (CAGR) of 8.8% during the forecast period from 2024 to 2030. This robust growth can be attributed to several factors, including the ongoing industrial revolution, the increasing need for efficiency and productivity in manufacturing processes, and the rapid advancements in technology.
| Report Metric | Details |
| Report Name | Industrial Automation Systems and Automation Equipment Market |
| Accounted market size in 2023 | US$ 177600 million |
| Forecasted market size in 2030 | US$ 295600 million |
| CAGR | 8.8% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | ABB, Advantech, Ametek EIG, Danaher Industrial Ltd, Emerson, Endress+ Hauser, FANUC, Festo, GE, Honeywell, IMI, Mettler-Toledo, Mitsubishi Electric, Omron, Phoenix Contact, Rockwell Automation, Schneider Electric, Sick AG, Siemens, TechnipFMC, Wago, Wika, Yaskawa, Yokogawa Electric, Sewtec Automation, DTM, Norwalt, SENSONEO, Interflon, MESH |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
