Automation Control Components and Devices Market Research Report - Global Forecast till 2027

Automation Control Components and Devices Market Research Report: by Type (Relays/Couplers [Solid State Relays, Photo IC Couplers, Power Relays, Control Panel Relays, Safety Relays, Signal Relays, Automotive Relays, Interface Terminals, and others], Connectors [Automotive Connector, Board to FPC Narrow Pitch Connector, Board to Board Narrow Pitch Connector, High Current Stacking Connector, FPC/FFC Connector, and Active Optical Connector], Switches [Interlock Switches, Fall Detection Switches, Push Switches, Snap Switches, Seal Type Switches, Limit Switches, and Light Touch Switches] and others [Encoders/Potentiometers, Force Sensing Capacitive Device and PIR Motion Sensors]), by Application (Automotive, Manufacturing, Oil & Gas, Energy & Power, Mining & Metals, Electronics & Semiconductor, Aerospace & Aviation and Military, Defense and Government) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/SEM/7232-HCR | February, 2021 | Region : Global

Market Synopsis


This study on global automation control components and devices market provides detailed information about the trends and dynamics in industrial automation and factory automation landscape, market size, competitive landscape, and growth opportunities. The global automation control components and devices market was valued at USD 43.61 billion in 2018; it is expected to reach USD 87.75 billion by the end of the forecast period at a CAGR of 10.8%. The scope of the global automation control components and devices market study includes the market size analysis and a detailed analysis of the manufacturer’s products, recent developments, vendor landscape, competitive benchmarking, and strategies. The market has been segmented based on type, application, and region.


Automation enhances production rate and quality by incorporating innovative and integrated technologies, thereby reducing costs associated with the production process. However, with the rapid evolution of technology, businesses are compelled to update their existing automation solutions to meet modern process requirements. This has encouraged several manufacturers to boost their production capacity of automation control components and devices to adopt advanced automation solutions such as value creation automation (VCA). OEMs in the automation market procure raw materials required to manufacture controllers, electronic components such as resistors, capacitors, and sensors. The major factors boosting the growth of automation control components and devices include government policies supporting the adoption of industrial automation, and increasing demand for industrial automation in industries.


Key Developments



  • In August 2018, Omron introduced the NX-series safety network controller. This supports two safety protocols namely CIP Safety, which is adopted by industrial robot manufacturers, and Safety over EtherCAT*3 (FSoE) that provides a high-speed response.



  • In May 2018, Rockwell launched a new family of Micro800 family PLC to help the optimization of control architecture in large standalone machines or systems. The new Micro870 PLC has three plug-ins and eight I/O modules and can support smart micro applications. Furthermore, the PLC supports modular programming and user-defined function blocks to reduce design time.



  • In February 2017, Schneider partnered with the French Engie to implement new digital solutions for efficient operations of wind and solar farms. The partnership aims at making use of SCADA for asset management, remote monitoring, diagnostics, and cybersecurity.


Segmentation


The Global Automation Control Components and Devices Market have been segmented based on Type, Application, and Region.


By Type, the market has been segmented into relays/couplers (solid-state relays, photo IC couplers, power relays, control panel relays, safety relays, signal relays, automotive relays, interface terminals, and others), connectors (automotive connector, board to FPC narrow pitch connector, board to board narrow pitch connector, high current stacking connector, FPC/FFC connector, and active optical connector), switches (interlock switches, fall detection switches, push switches, snap switches, seal type switches, limit switches, and light-touch switches), and others (encoders/potentiometers, force-sensing capacitive device, and PIR motion sensors).


By Application, the market has been segmented into automotive, manufacturing, oil & gas, energy & power, mining & metals, electronics & semiconductor, aerospace & aviation, military defense, and government.


By Region, the automation control components and devices market have been segmented into North America, Europe, Asia-Pacific, and the rest of the world.


Regional Analysis


The Global Automation Control Components and Devices Market have been categorized into four regions—North America, Europe, Asia-Pacific, and the rest of the world.  North America dominated the market in 2018, while Asia-Pacific is expected to show the highest growth rate during the forecast period. The major factors responsible for the growing adoption of automation control components and devices in the region include the high demand for automation components in the oil & gas and metal and mining industry, presence of major manufacturers such as Panasonic and Omron, and adoption of digital technologies reduce the production cost. These factors highly impact the manufacturing capacity of manufacturers for the growth of automation control components and devices.


Global Automation Control Components and Devices Market, USD Billion  Automation Control Components and Devices Market


Source: MRFR Analysis


Competitive landscape


Market Research Future analyzes the major players operating in automation control components and devices market research study. Strong competition, rapid advances in technology, and frequent changes in government policies are key factors that restrain market growth. The vendors compete based on cost, product quality, reliability, and aftermarket services. The market share analysis is derived by considering various factors such as financial position, segmental R&D investment, product innovations, corporate strength, product portfolio, strategy analysis, and key innovations in the market. Schneider Electric is a global provider of automation solutions; the company offers a wide range of automation products such as motion controllers, programmable relays, and interface modules. The company has a unique product portfolio in automation and devotes 5% of its sales every year for R&D with over 7,500 R&D engineers worldwide. The company provides technology and integrated solutions for optimizing the industrial processes in large oil and gas facilities. The company is investing in enhancing its workforce to maintain its market position.


Key Players


The Key Players in the Automation Control Components and Devices Market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are Panasonic Corporation, Omron Corporation, Control Components Inc, Schneider Electric SE, ABB Limited, Phoenix Contact, Delta Electronics, LUTZE Group, Encoder Products Company Inc, Baumer Ltd, Rockwell Automation, Honeywell International Inc., and Siemens AG. These players contribute significantly to market growth. Apart from the top key players, the other players contribute nearly 35–40% in the automation control components and devices market.


Intended Audience



  • System Integrators

  • OEMs

  • Electronic Component Manufacturers

  • Resellers and Distributors

  • Consultancy and advisory firms

  • Research Institutes and Organizations

  • Technology Standards Organizations

Table of Contents


1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Automation Control Components & Devices Market, by Type

1.1.2. Global Automation Control Components & Devices Market, by Application

1.1.3. Global Automation Control Components & Devices Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.1.1. Government Policies Supporting the Adoption of Industrial Automation

4.1.2. Increasing Demand for Industrial Automation in Industries

4.1.3. Drivers Impact Analysis

4.2. Challenges

4.2.1. Rapidly Changing Technological Trends in Industries

4.3. Opportunities

4.3.1. Growth in Industrial Robotics

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis/Supply Chain Analysis

5.2. Porter’s Five Forces Model

5.2.1. Bargaining Power of Suppliers

5.2.2. Bargaining Power of Buyers

5.2.3. Threat of New Entrants

5.2.4. Threat of Substitutes

5.2.5. Intensity of Rivalry

6. GLOBAL AUTOMATION CONTROL COMPONENTS & DEVICES MARKET, BY TYPE

6.1. Introduction

6.2. Relays/Couplers

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Solid State Relays

6.2.2.1. Market Estimates & Forecast, 2020-2027

6.2.3. PhotoIC Couplers

6.2.3.1. Market Estimates & Forecast, 2020-2027

6.2.4. Power Relays

6.2.4.1. Market Estimates & Forecast, 2020-2027

6.2.5. Control Panel Relays

6.2.5.1. Market Estimates & Forecast, 2020-2027

6.2.6. Safety Relays

6.2.6.1. Market Estimates & Forecast, 2020-2027

6.2.7. Signal Relays

6.2.7.1. Market Estimates & Forecast, 2020-2027

6.2.8. Automotive Relays

6.2.8.1. Market Estimates & Forecast, 2020-2027

6.2.9. Interface Terminal

6.2.9.1. Market Estimates & Forecast, 2020-2027

6.2.10. Others

6.2.10.1. Market Estimates & Forecast, 2020-2027

6.3. Connectors

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Automotive Connector

6.3.2.1. Market Estimates & Forecast, 2020-2027

6.3.3. Board to FPC Narrow Pitch Connector

6.3.3.1. Market Estimates & Forecast, 2020-2027

6.3.4. Board to Board Narrow Pitch Connector

6.3.4.1. Market Estimates & Forecast, 2020-2027

6.3.5. High Current Stacking Connector

6.3.5.1. Market Estimates & Forecast, 2020-2027

6.3.6. FPC/FFC Connector

6.3.6.1. Market Estimates & Forecast, 2020-2027

6.3.7. Active Optical Connector

6.3.7.1. Market Estimates & Forecast, 2020-2027

6.4. Switches

6.4.1. Market Estimates & Forecast, 2020-2027

6.4.2. Interlock Switches

6.4.2.1. Market Estimates & Forecast, 2020-2027

6.4.3. Fall Detection Switches

6.4.3.1. Market Estimates & Forecast, 2020-2027

6.4.4. Push Switches

6.4.4.1. Market Estimates & Forecast, 2020-2027

6.4.5. Snap Switches

6.4.5.1. Market Estimates & Forecast, 2020-2027

6.4.6. Seal Type Switches

6.4.6.1. Market Estimates & Forecast, 2020-2027

6.4.7. Limit Switches

6.4.7.1. Market Estimates & Forecast, 2020-2027

6.4.8. Light Touch Switches

6.4.8.1. Market Estimates & Forecast, 2020-2027

6.5. Others

6.5.1. Market Estimates & Forecast, 2020-2027

6.5.2. Force Sensing Capacitive Device

6.5.2.1. Market Estimates & Forecast, 2020-2027

6.5.3. Encoders/Potentiometers

6.5.3.1. Market Estimates & Forecast, 2020-2027

6.5.4. PIR Motion Sensors

6.5.4.1. Market Estimates & Forecast, 2020-2027

7. GLOBAL AUTOMATION CONTROL COMPONENTS & DEVICES MARKET, BY APPLICATION

7.1. Introduction

7.2. Automotive

7.2.1. Market Estimates & Forecast, 2020-2027

7.3. Manufacturing

7.3.1. Market Estimates & Forecast, 2020-2027

7.4. Oil & Gas

7.4.1. Market Estimates & Forecast, 2020-2027

7.5. Energy & Power

7.5.1. Market Estimates & Forecast, 2020-2027

7.6. Mining & Metals

7.6.1. Market Estimates & Forecast, 2020-2027

7.7. Electronics & Semiconductor

7.7.1. Market Estimates & Forecast, 2020-2027

7.8. Aerospace & Aviation

7.8.1. Market Estimates & Forecast, 2020-2027

7.9. Military, Defence & Government

7.9.1. Market Estimates & Forecast, 2020-2027

8. GLOBAL AUTOMATION CONTROL COMPONENTS & DEVICES MARKET, BY REGION

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, by Type , 2020-2027

8.2.2. Market Estimates & Forecast, by Application, 2020-2027

8.2.3. Market Estimates & Forecast, by Country, 2020-2027

8.2.4. US

8.2.4.1. Market Estimates & Forecast, by Type , 2020-2027

8.2.4.2. Market Estimates & Forecast, by Application, 2020-2027

8.2.5. Canada

8.2.5.1. Market Estimates & Forecast, by Type , 2020-2027

8.2.5.2. Market Estimates & Forecast, by Application, 2020-2027

8.2.6. Mexico

8.2.6.1. Market Estimates & Forecast, by Type , 2020-2027

8.2.6.2. Market Estimates & Forecast, by Application, 2020-2027

8.3. Europe

8.3.1. Market Estimates & Forecast, by Type , 2020-2027

8.3.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.3. Market Estimates & Forecast, by Country, 2020-2027

8.3.4. UK

8.3.4.1. Market Estimates & Forecast, by Type , 2020-2027

8.3.4.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.5. Germany

8.3.5.1. Market Estimates & Forecast, by Type , 2020-2027

8.3.5.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.6. France

8.3.6.1. Market Estimates & Forecast, by Type , 2020-2027

8.3.6.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.7. Rest of Europe

8.3.7.1. Market Estimates & Forecast, by Type , 2020-2027

8.3.7.2. Market Estimates & Forecast, by Application, 2020-2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, by Type , 2020-2027

8.4.2. Market Estimates & Forecast, by Application, 2020-2027

8.4.3. Market Estimates & Forecast, by Country, 2020-2027

8.4.4. Japan

8.4.4.1. Market Estimates & Forecast, by Type , 2020-2027

8.4.4.2. Market Estimates & Forecast, by Application, 2020-2027

8.4.5. China

8.4.5.1. Market Estimates & Forecast, by Type , 2020-2027

8.4.5.2. Market Estimates & Forecast, by Application, 2020-2027

8.4.6. India

8.4.6.1. Market Estimates & Forecast, by Type , 2020-2027

8.4.6.2. Market Estimates & Forecast, by Application, 2020-2027

8.4.7. Rest of Asia-Pacific

8.4.7.1. Market Estimates & Forecast, by Type , 2020-2027

8.4.7.2. Market Estimates & Forecast, by Application, 2020-2027

8.5. Rest of the world

8.5.1. Market Estimates & Forecast, by Type , 2020-2027

8.5.2. Market Estimates & Forecast, by Application, 2020-2027

8.5.3. Market Estimates & Forecast, by Country, 2020-2027

8.5.4. Middle East & Africa

8.5.4.1. Market Estimates & Forecast, by Type , 2020-2027

8.5.4.2. Market Estimates & Forecast, by Application, 2020-2027

8.5.5. South America

8.5.5.1. Market Estimates & Forecast, by Type , 2020-2027

8.5.5.2. Market Estimates & Forecast, by Application, 2020-2027

9. COMPETITIVE LANDSCAPE

9.1. Introduction

9.2. Competitive Benchmarking

9.3. Major Player Market Share Analysis (%)

9.4. Key Developments & Growth Strategies

10. COMPANY PROFILES

10.1. Panasonic Corporation

10.1.1. Company Overview

10.1.2. Financial Overview

10.1.3. Products Offered

10.1.4. Key Developments

10.1.5. SWOT Analysis

10.1.6. Key Strategies

10.2. Omron Corporation

10.2.1. Company Overview

10.2.2. Financial Overview

10.2.3. Products Offered

10.2.4. Key Developments

10.2.5. SWOT Analysis

10.2.6. Key Strategies

10.3. Control Components Inc

10.3.1. Company Overview

10.3.2. Financial Overview

10.3.3. Products Offered

10.3.4. Key Developments

10.3.5. SWOT Analysis

10.3.6. Key Strategies

10.4. Schneider Electric SE

10.4.1. Company Overview

10.4.2. Financial Overview

10.4.3. Products Offered

10.4.4. Key Developments

10.4.5. SWOT Analysis

10.4.6. Key Strategies

10.5. ABB Limited

10.5.1. Company Overview

10.5.2. Financial Overview

10.5.3. Products Offered

10.5.4. Key Developments

10.5.5. SWOT Analysis

10.5.6. Key Strategies

10.6. Phoenix Contact

10.6.1. Company Overview

10.6.2. Financial Overview

10.6.3. Products Offered

10.6.4. Key Developments

10.6.5. SWOT Analysis

10.6.6. Key Strategies

10.7. Delta Electronics

10.7.1. Company Overview

10.7.2. Financial Overview

10.7.3. Products Offered

10.7.4. Key Developments

10.7.5. SWOT Analysis

10.7.6. Key Strategies

10.8. LUTZE Group

10.8.1. Company Overview

10.8.2. Financial Overview

10.8.3. Products Offered

10.8.4. Key Developments

10.8.5. SWOT Analysis

10.8.6. Key Strategies

10.9. Encoder Products Company Inc

10.9.1. Company Overview

10.9.2. Financial Overview

10.9.3. Products Offered

10.9.4. Key Developments

10.9.5. SWOT Analysis

10.9.6. Key Strategies

10.10. Baumer Ltd

10.10.1. Company Overview

10.10.2. Financial Overview

10.10.3. Products Offered

10.10.4. Key Developments

10.10.5. SWOT Analysis

10.10.6. Key Strategies

10.11. Rockwell Automation

10.11.1. Company Overview

10.11.2. Financial Overview

10.11.3. Products Offered

10.11.4. Key Developments

10.11.5. SWOT Analysis

10.11.6. Key Strategies

10.12. Honeywell International Inc

10.12.1. Company Overview

10.12.2. Financial Overview

10.12.3. Products Offered

10.12.4. Key Developments

10.12.5. SWOT Analysis

10.12.6. Key Strategies

10.13. Siemens AG

10.13.1. Company Overview

10.13.2. Financial Overview

10.13.3. Products Offered

10.13.4. Key Developments

10.13.5. SWOT Analysis

10.13.6. Key Strategies

11. APPENDIX

11.1. List of Abbreviation

11.2. Related Research Market Study


LIST OF TABLES

Table 1 Global Automation Control Components & Devices Market, by Type, 2020-2027

Table 2 Global Automation Control Components & Devices Market, by Application, 2020-2027

Table 3 Global Automation Control Components & Devices Market, by Region, 2020-2027

Table 4 North America: Automation Control Components & Devices Market, by Country, 2020-2027

Table 5 North America: Automation Control Components & Devices, Market, by Type, 2020-2027

Table 6 North America Automation Control Components & Devices Market, by Application, 2020-2027

Table 7 US: Automation Control Components & Devices Market, by Type, 2020-2027

Table 8 US: Automation Control Components & Devices Market, by Application, 2020-2027

Table 9 Canada: Automation Control Components & Devices, Market, by Type, 2020-2027

Table 10 Canada: Automation Control Components & Devices Market, by Application, 2020-2027

Table 11 Mexico: Automation Control Components & Devices, Market, by Type, 2020-2027

Table 12 Mexico: Automation Control Components & Devices Market, by Application, 2020-2027

Table 13 Europe: Automation Control Components & Devices Market, by Country, 2020-2027

Table 14 Europe: Automation Control Components & Devices Market, by Type, 2020-2027

Table 15 Europe: Automation Control Components & Devices Market, by Application, 2020-2027

Table 16 Germany: Automation Control Components & Devices Market, by Type, 2020-2027

Table 17 Germany: Automation Control Components & Devices Market, by Application, 2020-2027

Table 18 France: Automation Control Components & Devices Market, by Type, 2020-2027

Table 19 France: Automation Control Components & Devices Market, by Application, 2020-2027

Table 20 UK: Automation Control Components & Devices Market, by Type, 2020-2027

Table 21 UK: Automation Control Components & Devices Market, by Application, 2020-2027

Table 22 Asia-Pacific: Automation Control Components & Devices Market, by Country, 2020-2027

Table 23 Asia-Pacific: Automation Control Components & Devices Market, by Application, 2020-2027

Table 24 China: Automation Control Components & Devices Market, by Type, 2020-2027

Table 25 China: Automation Control Components & Devices Market, by Application, 2020-2027

Table 26 Japan: Automation Control Components & Devices Market, by Type, 2020-2027

Table 27 Japan: Automation Control Components & Devices Market, by Application, 2020-2027

Table 28 India: Automation Control Components & Devices Market, by Type, 2020-2027

Table 29 India: Automation Control Components & Devices Market, by Application, 2020-2027

Table 30 Rest of Asia-Pacific: Automation Control Components & Devices Market, by Type, 2020-2027

Table 31 Rest of Asia-Pacific: Automation Control Components & Devices Market, by Application, 2020-2027

Table 32 Rest of the World: Automation Control Components & Devices Market, by Country, 2020-2027

Table 33 Rest of the World: Automation Control Components & Devices Market, by Type, 2020-2027

Table 34 Rest of the World: Automation Control Components & Devices Market, by Application, 2020-2027


LIST OF FIGURES

FIGURE 1 Global Automation Control Components & Devices Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of the Global Automation Control Components & Devices Market

FIGURE 4 Value Chain of the Global Automation Control Components & Devices Market

FIGURE 5 Share of the Global Automation Control Components & Devices Market in 2020, by Country (in %)

FIGURE 6 Global Automation Control Components & Devices Market, 2020-2027

FIGURE 7 Sub-Segments of Type

FIGURE 8 Global Automation Control Components & Devices Market Size, By Type, 2020

FIGURE 9 Share of the Global Automation Control Components & Devices Market, By Type, 2020 to 2027

FIGURE 10 Sub-Segments of Application

FIGURE 11 Global Automation Control Components & Devices Market Size, By Application, 2020

FIGURE 12 Share of the Global Automation Control Components & Devices Market, By Application, 2020 to 2027

Automation Control Components Devices Market