Automation Control Market

• 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.

Energy efficiency is becoming a critical driver in the Global Automation and Control Market Industry. Governments and organizations are prioritizing sustainable practices, leading to the adoption of automation solutions that optimize energy consumption. For example, smart grid technologies are being implemented to enhance energy distribution and reduce waste. This shift towards energy-efficient automation is expected to contribute to the market's growth, with a projected CAGR of 9.05% from 2025 to 2035. As industries seek to comply with environmental regulations, the demand for automation solutions that promote sustainability is likely to increase.

The Global Automation and Control Market Industry is experiencing rapid technological advancements, particularly in artificial intelligence and machine learning. These innovations enhance process efficiency and decision-making capabilities across various sectors, including manufacturing and energy. For instance, AI-driven predictive maintenance solutions are reducing downtime and operational costs significantly. As organizations increasingly adopt these technologies, the market is projected to reach 136.6 USD Billion in 2024, reflecting a growing reliance on automation to optimize operations and improve productivity.

The integration of the Internet of Things (IoT) into automation systems is significantly influencing the Global Automation and Control Market Industry. IoT-enabled devices facilitate real-time monitoring and control of processes, leading to improved operational efficiency. Industries such as agriculture and logistics are leveraging IoT technologies to enhance supply chain management and resource allocation. This trend is expected to bolster market growth, as organizations recognize the benefits of interconnected systems. The increasing adoption of IoT solutions is likely to play a pivotal role in shaping the future landscape of automation and control.

The Global Automation and Control Market Industry is witnessing a surge in demand for industrial automation as companies strive to enhance productivity and reduce labor costs. Industries such as automotive and pharmaceuticals are increasingly implementing automated systems to streamline operations. This trend is evident in the projected growth of the market, which is expected to reach 354.4 USD Billion by 2035. The adoption of robotics and automated machinery is likely to drive this growth, as businesses recognize the potential for increased efficiency and reduced human error in production processes.

Regulatory compliance and safety standards are increasingly driving the Global Automation and Control Market Industry. As industries face stringent regulations regarding safety and operational efficiency, the demand for automation solutions that ensure compliance is rising. For instance, the implementation of automated safety systems in manufacturing plants helps mitigate risks and enhance worker safety. This focus on compliance is expected to propel market growth, as organizations invest in automation technologies to meet regulatory requirements and improve overall safety performance.

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.

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.