Automation Control Companies
Automation and control companies develop technologies and systems that automate industrial and manufacturing processes, enhancing productivity and safety in various industries.
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Competitive Landscape of Automation Control Market:
The Automation Control Market, encompassing industrial, building, and home automation technologies, is a dynamic and rapidly evolving space. Fueled by technological advancements, rising operational efficiency demands, and increasing connectivity, Navigating this complex landscape requires a clear understanding of the competitive dynamics, adopted strategies, key players, and future trends.
Some of the Automation and Control companies listed below:
- ABB Group
- Bosch Rexroth AG
- Emerson Electric Co.
- Fanuc Corporation
- General Electric Company
- Honeywell International Inc.
- KUKA AG
- Rockwell Automation
- Schneider Electric SE
Strategies Adopted by Key Players:
Leading players in the Automation Control Market are deploying a range of strategies to stay ahead of the curve:
- Innovation: Continuous investment in research and development focuses on cutting-edge technologies like Artificial Intelligence (AI), Machine Learning (ML), and Cloud Computing to enhance automation capabilities and data-driven insights.
- Product Diversification: Expanding product portfolios to cater to a wider range of applications and customer needs, across multiple segments like industrial, building, and home automation.
- Partnerships and Acquisitions: Forging strategic partnerships with technology providers, system integrators, and channel partners to expand reach, gain expertise, and acquire complementary technologies.
- Focus on Services: Shifting towards offering comprehensive automation solutions, including consultation, design, implementation, and maintenance, instead of just focusing on hardware and software.
- Subscription Models: Embracing subscription-based services for software and cloud-based solutions, creating recurring revenue streams and customer lock-in.
Market Segmentation and Analysis:
To effectively assess market share and competitive positioning, it's crucial to understand the various segments within the Automation Control Market. These segments can be categorized based on:
- Application: Industrial Automation (manufacturing, power generation, oil & gas), Building Automation (smart buildings, HVAC systems), Home Automation (security, lighting, appliances)
- Technology: Programmable Logic Controllers (PLCs), Distributed Control Systems (DCS), Industrial Internet of Things (IIoT), Building Management Systems (BMS), Home Automation Protocols (Zigbee, Z-Wave)
- Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Each segment presents unique market dynamics, growth potential, and competitive challenges. Analyzing market share based on these segments allows for a more granular picture and informs strategic decision-making.
Emerging Players and Disruptive Technologies:
The Automation Control Market is witnessing the rise of disruptive startups and niche players alongside established giants. These new entrants are often nimble and innovative, challenging the status quo with:
- Open-source platforms: Offering flexible and cost-effective automation solutions with greater customization possibilities.
- Cloud-based automation: Providing scalable and accessible automation solutions through cloud platforms, eliminating the need for on-premise infrastructure.
- Edge computing: Decentralizing computing power and decision-making to the edge of the network, enabling faster response times and real-time data analysis.
- Cybersecurity advancements: Integrating robust cybersecurity solutions into automation systems to address growing security concerns.
These new technologies and players are reshaping the competitive landscape, pushing traditional vendors to adapt and innovate to maintain their market share.
Latest Company Updates:
October 2023- The world's largest industrial automation and digital transformation company, Rockwell Automation, has partnered with Dragos Inc. to expand their combined capabilities. Dragos Inc. specializes in cybersecurity for the industrial controls systems (or ICS) and operational technology (OT) environments. Through this extension, organizations will have access to the Dragos Platform from Rockwell for improved ICS/OT cybersecurity threat detection. Additionally, Rockwell will offer global deployment services & support capabilities to assist customers in operationalizing their security investment.
Utilizing OT-specific threat intelligence & insights from the largest team of ICS/OT practitioners in the industry, it is codified to offer visibility into assets and vulnerabilities, identify cyber threats to industrial systems, and facilitate effective response via OT-specific playbooks and forensic investigation. Among many other advantages, industrial asset owners & manufacturers will gain from these increased capabilities by having far better insight into OT environments, better threat detection and response throughout the entire industrial OT network, and quick threat detection.
They will assist manufacturers in achieving their digital transformation objectives while preserving the security and safety of their OT infrastructure by providing the benefits of the Dragos Platform in addition to the services and knowledge of both Rockwell and Dragos. By offering boots on the ground resources, virtualization infrastructure, deployment and configuration experience with the Dragos Platform, and the capacity to design & implement a defensive architecture, Rockwell adds a great deal of value to manufacturers. An international remote support organization completes this. Throughout its history, Rockwell Automation has supported the manufacturing & industrial sectors.
Global Automation and Control Market Overview:
The Automation and Control Market Size was estimated at USD 112.1 billion in 2022. The Automation and Control market is anticipated to expand from USD 123.76 Billion in 2023 to USD 273.32 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.41% during the projected period (2023 - 2032). Growing demand for advanced technology in industries like manufacturing, aerospace, defense, and others, as well as Industries' 5.0 emergence, are the key market drivers enhancing the growth and expansion of the market.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Automation and Control Market Trends
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Need for technological advancement is driving market growth
The growing need for advanced technology drives Market CAGR for automation and control. With the constant introduction of advanced technologies like robots and artificial intelligence, a rise in the industrial sector can be witnessed. Automation and modern production infrastructure facilitate quick manufacturing and material handling activities. Industries are implementing industrial control and automation systems to boost efficiency and save labor costs. Growth prospects will be produced by the demand from the automation and control market's utility segment. The electrical utility industry was a pioneer in implementing new technologies. Through these technologies, it is able to retrieve data and do digital analytics. With these innovations, process and operation costs are effectively reduced.
In addition, Industry 5.0 has accelerated the adoption of new systems and architectures in the manufacturing sector, resulting in growth opportunities for the market. In the coming years, with the introduction of Industry 5.0, the company’s approach towards management will transform through technological advancement and automation. Due to the requirement for high precision and low error rates, the automotive and information technology industries use smart manufacturing. Adopting automation and control systems has been accelerated using devices like robotic arms with sensors. Additionally, they can provide the increased precision and optimized methodologies needed to standardize devices to facilitate compatibility.
The COVID-19 epidemic resulted in significant end-user industries fully dependent on automation, minimizing operational and economic repercussions. While employees were reluctant to work due to lockdowns, manufacturers were obliged to shift to automated procedures. Key players began automating their procedures individually or in collaboration. Furthermore, the pandemic has greatly accelerated the expansion of automation throughout the manufacturing sector. Additionally, the enormous shifts in consumer behavior brought on by COVID-10 will eventually fuel the expansion of automation and virtualization. Increased robotic automation spending to boost industry standards for productivity, safety, and expenditure and adoption of digital solutions such as continuous tracking and the decision-making process is projected to influence the market's growth significantly.
For instance, Kawasaki Heavy Industries, Ltd. opened "Future Lab HANEDA," a sizable, multi-purpose complex and retail facility for developing robotics systems based on innovation, real-life adoption, and demonstrations of their potential. Moreover, it is anticipated to fuel market growth even more throughout the projected period. Thus, driving the Automation and Control of market revenue.
Automation and Control Market Segment Insights:
Automation and Control of Product Insights
The Automation and Control Market segmentation, based on Product, includes SCADA, PAC, PLC, HMI, MES, and DCS. The DSC segment dominated the market, accounting for 32% of the market share (USD 35.9 billion) in 2022. Rapid industrialization in developing countries and expansion of existing plants and their capacity are projected to surge the demand for DSC during the projected timeframe.
Figure 1: Automation and Control Market, by Product, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Automation and Control Application Insights
The Automation and Control Market segmentation, based on Application, includes HVAC, Safety & Security, and Lighting. The safety and security category holds the highest market share, accounting for 51.6% in 2022. Automated systems will help to decrease process time and error rates, and software or technology allows little to no human intervention, which is beneficial for the safety and security category.
Automation and Control End-Use Insights
The Automation and Control Market segmentation, based onEnd-Use, includes Commercial, Hospitality, Residential, Retail, Industrial Enterprise, Mining & Metals, and Oil & Gas. Industrial enterprise has dominated the market, contributing 36% of the market share in 2022. Industry 5.0 and the Internet of Things (IoT) are being used by more individuals, and the market for wireless sensors is expanding, fueling the growth of the industrial segment. Decision-making and predictive maintenance solutions are key market development drivers during the projected timeframe.
Automation and Control Regional Insights
By Region, the research provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region will dominate the automation and control market, accounting for USD 51.3 billion market share in 2022. furthermore, demand for the automotive industry and significant investments in Asia-Pacific regions will boost the market growth.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 4: Automation and Control Market Share by Region 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
China’s Automation and Control market and the Indian Automation and Control market are the fastest-growing markets in the Asia-Pacific region due to their increasing need for improved manufacturing systems.
In North America, Automation and Control market exhibits the second-highest market share due to the high demand for semiconductor chips. Europe’s Automation and control market is expected to grow at a high compound annual growth rate (CAGR) during the projected timeframe.
For instance, the automobile industry may increase production, decrease factory downtime, improve supply chain efficiency, and quickly respond to market demands. Industrial automation products are being sold by large organizations and employed in a variety of local industries, including automotive, healthcare, manufacturing, and others.
Automation and Control of Key Market Players & Competitive Insights
Leading market players are investing heavily in innovation and research & development in Automation systems to increase productivity and minimize labor expenses, which will help the Automation and Control market expand. Market players are also undertaking a strategic approach to expand their worldwide presence, with important market developments including digitalization, mergers and acquisitions, higher investments, transformation, and strategic alliances with other organizations. The Automation and Control industry must improve manufacturing processes and boost productivity to survive and grow in a highly fragmented market.
Manufacturing locally to drop costs incurred during production is one of the key business tactics organizations use in the global Automation and Control industry to increase the quantity and fulfill the market demand. The Automation and Control industry has recently offered significant advantages to advanced technological developments. Major Automation and Control market players, including ABB Group, Bosch Rexroth AG, Emerson Electric Co., Fanuc Corporation, General Electric Company, Honeywell International Inc., KUKA AG, and others, are attempting to cater to market share by investing in automated developments.
ABB is a pioneer in developing power and automation solutions to help business clients increase productivity while reducing environmental impact. Power Items and Systems, Low Voltage Products, and Process Automation are divisions of ABB Group. ABB operations worldwide are trying to provide innovative solutions that increase competitiveness while minimizing environmental effects. Sustainability is essential to all aspects of ABB's operations, just as a technology. The ABB Group tries to balance and incorporate environmental and economic goals. In July 2022, Red Hat and ABB partnered to improve the flexibility and speed of supporting the industry's enterprise platforms and application services built on Red Hat Enterprise Linux using ABB's process automation software. Additionally, this relationship enables Red Hat OpenShift and automated software microservices and virtualization to give improved simplicity of hardware deployment.
Rockwell Automation Inc. (Rockwell) Industrial automation power provides integrated designed packages and panels, midrange architectural systems, consultancy, front-end engineering and design, integration services, and on-machine solutions. Its offerings span drive systems, machine and equipment builders, process solutions, linked and maintenance services, and sustainable production. It also offers connected enterprise solutions. In October 2022, Industrial data software, Cognito, partnered with Rockwell Automation, Inc. Following this partnership, Cognito Data Fusion®, the Industrial DataOps platform, and Rockwell's FactoryTalk® software suite connectivity to industry-tailored analytics and operations management applications will be combined to create an industrial data hub ready for organization scaling.
Key Companies in the Automation and Control market include
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ABB Group
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Bosch Rexroth AG
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Emerson Electric Co.
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Fanuc Corporation
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General Electric Company
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Honeywell International Inc.
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KUKA AG
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Schneider Electric SE
Automation and Control Industry Developments
October 2022: Industrial data software, Cognito, partnered with Rockwell Automation, Inc. Following this partnership, Cognito Data Fusion®, the Industrial DataOps platform, and Rockwell's FactoryTalk® software suite connectivity to industry-tailored analytics and operations management applications will be combined to create an industrial data hub ready for organization scaling.
July 2022: Red Hat, a developer of business open-source solutions, and ABB have partnered to improve the flexibility and speed of supporting the industry's corporation platforms and application services built on Red Hat Enterprise Linux using ABB's process automation software. Additionally, this relationship enables Red Hat OpenShift and automated software microservices and virtualization to give improved simplicity of hardware deployment.
March 2022: Emerson introduced MTConnect, an industrial control platform driver that makes it simple to integrate computer numerical control (CNC) equipment with contemporary analysis automation systems. This makes it possible to gather data from machines and devices that were not examined collectively on a single platform. The new drivers promise less downtime, greater effectiveness, and higher output.
Automation and Control Market Segmentation:
Automation and Control of Product Outlook
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SCADA
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PAC
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PLC
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HMI
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MES
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DCS
Automation and Control Application Outlook
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HVAC
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Safety & Security
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Lighting
Automation and Control End-Use Outlook
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Commercial
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Hospitality
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Residential
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Retail
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Industrial Enterprise
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Mining & Metals
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Oil & Gas
Automation and Control Regional Outlook
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North America
- US
- Canada
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Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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