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What Is the Forecast for the Automation And Controls Market Growth in 2025?

The market size of automation and controls has seen substantial growth over the past few years. Projected progress labels it to increase from $139.8 billion in 2024 to an impressive $153.58 billion in 2025, with an anticipated compound annual growth rate (CAGR) of 9.9%. Numerous factors have contributed to the growth observed in the historic period, notably industrial revolution, the advent of computerization, the proliferation of electrification programmable logic controllers (PLCs), a digital revolution and the rise of internet of things (IoT).

What Is the Forecast for the Automation And Controls Market Size Through 2029?

In the coming years, the automation and controls market is projected to see a robust upward trajectory. The market size is forecasted to reach $221.75 billion by 2029, expanding at a compound annual growth rate (CAGR) of 9.6%. This growth over the projected period is largely due to the rising demand for smart manufacturing, an increase in labor costs and skills shortages, the need for remote monitoring and management, and advancements in urbanization and infrastructure. Other prominent trends facilitating growth during the forecast period include the growing popularity of digital twins, technological advancement, the usage of augmented reality (AR) and virtual reality (VR), the proliferation of robotics and cobots, and the adaptation of AI and machine learning.

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What are the Key Market Players in Automation And Controls Market and How They’re Evolving?

Major companies operating in the automation and controls market are Hitachi Ltd., Siemens AG, General Electric Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Group, Johnson Controls International PLC, Emerson Electric Co., Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Delta Electronics Inc., Rockwell Automation Inc., Bosch Rexroth AG, OMRON Corporation, Keyence Corporation, Fanuc Corporation, Dassault Systèmes SE, Fuji Electric Co. Ltd., Yaskawa Electric Corporation, KUKA AG, Yokogawa Electric Corporation, Phoenix Contact GmbH & Co. KG, Rittal GmbH & Co. KG, SICK AG, Advantech Co. Ltd., Beckhoff Automation GmbH & Co. KG, National Instruments Corporation, AVEVA Group PLC, B&R Industrial Automation GmbH, Universal Robots A/S

What Are the Primary Growth Drivers in the Automation And Controls Market?

The rise in industrial automation need is projected to fuel the expansion of the automation and control market. Industrial automation, which involves the application of control systems, robotics, and machinery to accomplish tasks previously executed by human labor, is favored due to its ability to boost efficiency, reliability, safety, and productivity, while minimizing operational expenses and errors caused by humans. These automation and control systems are highly valuable in industrial automation as they simplify procedures, enhance accuracy and output, and ensure uniform quality and safety across manufacturing processes. The International Federation of Robotics, a professional non-profit organization based in Germany, reported in October 2023 that the sales of service robots for professional use hit 158,000 units in 2022, indicating a 48% hike. To mitigate staffing issues, firms are progressively adopting automation. Consequently, the booming demand for industrial automation is spearheading the progression of the automation and control market.

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What Are the Leading Segments in the Global Automation And Controls Industry?

The automation and controls market covered in this report is segmented –

1) By Product: Programmable Logic Controller (PLC), Supervisory Control And Data Acquisition (SCADA), Programmable Automation Controller (PAC), Distributed Control System (DCS), Human-Machine Interface (HMI), Manufacturing Execution System (MES)

2) By Application: Lighting, Heating, Ventilation and Air Conditioning (HVAC), Safety And Security, Other Applications

3) By End Use: Residential, Commercial, Industrial, Oil And Gas, Mining And Metals, Automotive And Transportation, Manufacturing Electrical And Electronics: Other End Users

Subsegments:

1) By Programmable Logic Controller (PLC): Compact PLC, Modular PLC

2) By Supervisory Control And Data Acquisition (SCADA): Hardware SCADA, Software SCADA

3) By Programmable Automation Controller (PAC): High-Performance PAC, Mid-Range PAC

4) By Distributed Control System (DCS): Process DCS, Hybrid DCS

5) By Human-Machine Interface (HMI): Standalone HMI, Software HMI

6) By Manufacturing Execution System (MES): On-Premise MES, Cloud-Based MES

What Are the Key Market Trends in the Automation And Controls Industry?

Key companies active in the automation and controls market are producing inventive products like the MTConnect driver to solidify their position within the market. The goal of this innovation is to incorporate CNC machines into the advanced IIoT automation landscape, boosting comprehensive data analysis. For example, in March 2022, Emerson Electric Co., an American engineering firm, launched the MTConnect driver for its Movicon. NExTTM 4.1.333 platform, enhancing its industrial control portfolio by facilitating rapid, straightforward integration and scalability. Its purpose is to effectively gather and utilize vital data from manufacturing assets, including machines, tools, and robots. The integration of this system assists in making knowledgeable decisions at both the operational and enterprise levels. Although this read-only solution limits the programming of axis-specific parameters, it significantly expands Movicon.NExT’s abilities to absorb production data within manufacturing settings.

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What Is the Regional Outlook for the Automation And Controls Market?

Asia-Pacific was the largest region in the automation and controls market in 2024. The regions covered in the automation and controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the automation and controls market, and how is it changing globally?

2. Who are the major companies in the automation and controls market, and how are they performing?

3. What are the key opportunities and risks in the automation and controls market right now?

4. Which products or customer segments are growing the most in the automation and controls market?

5. What factors are helping or slowing down the growth of the automation and controls market?

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