Industrial Automation Market is expected to reach USD 217.2 Billion by 2029

Industrial Automation Market Overview

The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Industrial Automation Market suppliers in the forecast period through 2029. The Maximize Market Research, an Industrial Automation  market research firm, has served more than 600 clients across the world since 2017.

Market Scope

The report provides current Industrial Automation market trends and regional insights in terms of demand, supply, and sales, as well as recent changes in the market. The Industrial Automation market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The Industrial Automation market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in this global Industrial Automation market research report.

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Key Segments Covered In Industrial Automation Industry Analysis : 

The industrial sensors segment is anticipated to hold the largest share of the market for industrial automation components in the Middle East and Africa over the course of the forecast period. The growth of the industrial sensors market is being driven by the increased adoption of Industry 4.0 and IIoT, as well as the expansion of the wireless sensor market. Industrial sensors are frequently used in the manufacturing sector, primarily to strengthen connections between various tasks. The only end-users by industry, primarily in the Asian market, with a sustained or rising demand for collaborations in 2021 are the semiconductor industries. Nearly 62% of robotics revenues in 2021 came from the automotive and electronics industries, but the automotive market is still struggling, and demand for robotic solutions won't rise above 2019 levels until 2022.

by Component

• Industrial Robots
• Machine Vision System
• Process Analyzer
• Field Instruments
• Human Machine Interface (HMI)
• Industrial PC
• Industrial Sensors
• Industrial 3D Printing
• Vibration Monitoring

by Solutions

• Supervisory Control And Data Acquisition (SCADA)
• Programmable Logic Controller (PLC)
• Distributed Control System (DCS)
• Manufacturing Execution System (MES)
• Industrial Safety
• Plant Asset Management (PAM)

by Industry

• Oil & Gas
• Chemicals
• Pharmaceuticals & Medical Devices
• Food & Beverages
• Energy & Power
• Automotive
• Machine Manufacturing
• Water & Wastewater Treatment
• Electronics & Semiconductors
• Metals & Mining
• Others

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Key Players : 

• FANUC (Japan)
• Yaskawa Electric Corporation (Japan)
• Toshiba Corporation (Japan)
• Yokogawa Electric Corporation (Japan)
• Fuji Electric Co., Ltd. (Japan)
• Hitachi, Ltd. (Japan)
• Omron Corporation (Japan)
• Mitsubishi Electric Corporation (Japan)
• Keyence Corporation (Japan)
• Accurate Industrial Controls Pvt. Ltd. (India)
• Honeywell International Inc (US)
• Emerson Electric Co. (US)
• General Electric Company (US)
• Rockwell Automation, Inc (US)
• Danaher Corporation (US)
• NATIONAL INSTRUMENTS CORP (US)
• Roper Technologies, Inc (US)
• Voith GmbH (Germany)
• Siemens AG (Germany)
• Kuka AG (Germany)

Regional Analysis

Industrial Automation Region dominated the Industrial Automation Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Industrial Automation Market growth in the region. The Industrial Automation market report includes a geographic condition of the market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.

Key Questions answered in the Industrial Automation Market Report are:

• What is Industrial Automation Market?
• What is the forecast period of the Market?
• What is the competitive scenario of the market?
• Which region held the largest market share in the Market?
• What are the opportunities for the Market?
• What factors are affecting the market growth?
• Who are the key players of the market?
• Which company held the largest share in the market?
• What will be the CAGR of the market during the forecast period?
• What key trends are likely to emerge in the market in the coming years?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Industrial Automation
• Landscape- Leading key players and other prominent key players.

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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