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Industrial Automation and Control Systems Market Share

  • Report ID: GMI5506
  • Published Date: Jan 2024
  • Report Format: PDF
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Industrial Automation and Control Systems Market Share

Major players operating in the industrial automation and control systems industry are:

  • ABB Ltd
  • Emerson Electric Co
  • General Electric
  • Honeywell International, Inc.
  • Kawasaki Heavy Industries, Ltd
  • Mitsubishi Electric Corporation
  • OMRON Corporation
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schnieder Electric
  • Yokogawa Electric Corporation

Siemens AG hold a significant market share of over 10% in the used semi-truck market. Siemens AG plays a significant role in the Industrial Control and Automation Systems (ICAS) market, leveraging its expertise in industrial automation and digitalization. Siemens offers a comprehensive suite of products and solutions that cater to various industries, addressing the increasing demand for smart and efficient manufacturing processes.
 

Mitsubishi Electric Corporation and Emerson Electric Co are influential players in the ICAS market, providing a comprehensive suite of automation solutions to enhance the efficiency, reliability, and safety of industrial processes. Their offerings encompass a wide range of components, systems, and software designed to meet the diverse needs of industries worldwide.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The industrial automation and control system market was valued at over USD 165 billion in 2023 and is estimated to register a CAGR of over 9.5% between 2024 and 2032, owing to the growing demand for customization and flexibility.

The energy and utilities segment accounted for a market share of over 10% in 2023, favored by the shift towards smart grid technologies, renewable energy integration, and enhanced energy efficiency measures.

Asia Pacific dominated the global Industrial automation and control systems industry in 2023, accounting for a revenue share of over 35%, attributed to the growth of manufacturing sector.

ABB Ltd, Yokogawa Electric Corporation, Emerson Electric Co, Schnieder Electric, General Electric., Rockwell Automation Inc., Honeywell International, Inc., Robert Bosch GmbH, Kawasaki Heavy Industries, Ltd., OMRON Corporation and Mitsubishi Electric Corporation

Industrial Automation and Control Systems Market Scope

  • Industrial Automation and Control Systems Market Size
  • Industrial Automation and Control Systems Market Trends
  • Industrial Automation and Control Systems Market Analysis
  • Industrial Automation and Control Systems Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 12
    • Tables & Figures: 257
    • Countries covered: 22
    • Pages: 250
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