The Machine Automation Controller Market was

GmiiRResearch 12/8/2022 12:35:21 PM

The Machine Automation Controller Market was estimated around USD 33,700 million in 2019 and is predicted to expand at a CAGR of 4.3% over the forecast period (2020-2027).

The factors driving the growth of Machine Automation Controller Market includes increasing use of robots in the manufacturing industry, growing focus by companies on reducing the manufacturing costs, Government initiatives promoting digitalization and emerging need to enhance the productivity in the process industries. Moreover, rise in the launch of innovative products, increasing application of machine automation controller systems in end-use industries such as Energy & Power, Food & Beverages, and Pharmaceutical, technological advancements in machine automation controller solutions, are some of the additional factors supplementing the Machine Control System Market share. In addition, the increasing investments by leading players on research and development, rapid urbanization, rising disposable income, and growing population growth rates, are further contributing towards the market growth.

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However, growth of the Machine Automation Controller Market insouciant availability of skilled workforce.

The leading players operating in the market are Yokogawa Electric Corporation, Delta Electronics, Inc., Honeywell International Inc., OMRON Corporation, ABB Group, Siemens AG, Mitsubishi Electric Corporation, Rockwell Automation, Inc., Robert Bosch GmbH, Schneider Electric SE, Emerson Electric Co., and Beckhoff Automation GmbH & & Co. KG.

Based on Controller Type, the Distributed Control System (DCS) segment is predicted to grow at a significant CAGR during the forecast period

Distributed Control System enhances the effectiveness in operations and optimizes maintenance routine at plant level along with growing demand for centralized controlling system, are propelling Machine Control System Market size.

Based on Industry, the Energy & Power segment is projected to expand at a remarkable CAGR over the forecast period

Emerging need to upgrade the existing grid infrastructure, rising energy consumption and growing adoption of automated technologies, is pushing segment’s growth.

Based on Region, the Asia-Pacific region is anticipated to hold the highest market share during the forecast period

Growing demand for machine automation controller systems in end-use industries such as Automotive, Chemicals and Pharmaceuticals, rapid urbanization, increasing per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region. 

Key Developments

  • In Dec 2019, ABB introduced IP67 rated IRB 1100 robot, powered by the OmniCore C90XT controller, which is designed for a rough environment with enhanced protection against water and dust.

  • In Nov 2018, Emerson inaugurated a new facility and first industrial solutions center in Jukjeon, South Korea. The center will use USD 25 million worth of facilities to serve Emerson’s automation solutions to its customers in the region.

Market Segmentation

Segmentation by Controller Type

  • Distributed Control System (DCS)

  • Programmable Logic Controller (PLC)

  • Industrial PC

Segmentation by Form Factor

  • IP65

  • IP20

  • Others

Segmentation by Industry

  • Process Industries

    • Oil & Gas

    • Energy & Power

    • Food & Beverages

    • Chemicals

    • Pharmaceuticals

    • Metals & Mining

    • Pulp & Paper

    • Others

  • Discrete Industries

    • Automotive

    • Aerospace & Defense

    • Semiconductor & Electronics

    • Medical Devices

Segmentation by Region

  • Asia Pacific

    • China

    • Japan

    • India

    • Rest of APAC

  • North America

    • United States of America

    • Canada

  • Europe

    • United Kingdom

    • Germany

    • France

    • Spain

    • Rest of Europe

  • RoW

    • Brazil

    • South Africa

    • Saudi Arabia

    • UAE

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