Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 44.27 Billion | USD 63.55 Billion | 4.1% | 2023 |
Zion Market Research has published a report on the global Machine Automation Controller Market, estimating its value at USD 44.27 Billion in 2023, with projections indicating that it will reach USD 63.55 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.1% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Machine Automation Controller Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
A machine automation controller is an industrial controller which combines the functionality of a PLC with the processing capability of a PC.
The Machine automation controller markets will grow in the predicted period. The demand for the market is anticipated to drive owing to the increased focus on reducing total operational cost; the rising need to drive productivity in the process industry, along with the rising use of robots in the manufacturing industries is anticipated to propel market demand in the long run. Other factors driving machine automation controller market demand are the significantly growing cosmetic industry along with the food and beverage industry.
Robust growth in the semiconductors industry further propels the global market for machine controller growth in the estimated period. Moreover, remarkably growing construction and manufacturing industries across developing countries such as India and China, and Brazil, foster the growth of the machine automation controller market growth during the forecast period, due to the fast-growing population coupled, with the rising urbanization across the region.
Furthermore, the rising adoption of industry automation along with the internet of things based product & solutions will support the market growth of machine automation controllers in the long run. Rising focus on new and innovative products along with expanding distribution network by key manufacturers is concerned one of the major factors influencing the market in the projected period. However, some of the restraining factors such as safety related to the use of machine automation controller market coupled with high maintenance cost might hamper market growth in the forecast period.
Report Attributes | Report Details |
---|---|
Report Name | Machine Automation Controller Market |
Market Size in 2023 | USD 44.27 Billion |
Market Forecast in 2032 | USD 63.55 Billion |
Growth Rate | CAGR of 4.1% |
Number of Pages | 198 |
Key Companies Covered | ABB, Emerson, Siemens, Schneider Electric, Advantech, Yokogawa, Delta Electronics, Omron, Honeywell and Mitsubishi Electric among others |
Segments Covered | By Controller Type, By Form Factor, By Industry and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The machine automation controller market is segmented into controller type, form factor, and industry. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By controller type segment analysis includes distributed control system (DCS), industrial pc (IPC) and programmable logic controller (PLC).
By form factor segment analysis includes IP20, IP65 and Others.
By industry segment analysis analysis includes energy & power, oil & gas, chemicals, food & beverages, metals & mining, aerospace & defense, automotive, medical devices, semiconductor & electronics and others.
On the basis of region, the market is bifurcated into North America, Europe, Asia- Pacific, Latin America, the Middle East, and Africa. The machine automation controller in Asia Pacific is anticipated to hold a significant share in the predicted period.
Some of the factors driving market growth also include the establishment of manufacturing units in several industries such as chemicals, automotive, semiconductor & electronics, and food & beverages. This is projected to foster market demand for the machine automation controller market in the anticipated timeframe.
Renowned machine automation controller market players are
Global Machine Automation Controller Market: Controller Type Segment Analysis
Global Machine Automation Controller Market: Form Factor Segment Analysis
Global Machine Automation Controller Market: Industry Segment Analysis
Global Machine Automation Controller Market: Regional Segment Analysis
FrequentlyAsked Questions
A machine automation controller automates and controls machinery, industrial processes, and manufacturing operations. The brain of automated systems, it receives data from sensors and other devices, makes choices using programmed logic, and instructs actuators and other components. Automation controllers reduce manual intervention, boost productivity, and ensure accurate control, streamlining and optimizing processes. Manufacturing, robotics, automotive, and industrial automation use them to perform complicated jobs precisely and reliably.
The demand for the market is anticipated to drive owing to the increased focus on reducing total operational cost; rising need to drive productivity in process industry, along with rising use of robots in the manufacturing industries is anticipated to propel market demand in the long run.
The global machine automation controller market was valued at around USD 33.53 Billion in 2023 and is expected to reach approximately USD 45.02 Billion in 2032, at a CAGR slightly above 4.3% between 2024 and 2032.
The machine automation controller in Asia Pacific is anticipated to hold significant share in the predicted period.
Renowned machine automation controller market players are ABB, Emerson, Siemens, Schneider Electric, Advantech, Yokogawa, Delta Electronics, Omron, Honeywell and Mitsubishi Electric among others.
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