As per MRFR analysis, the Discrete Automation Market Size was estimated at 126.29 (USD Billion) in 2022. The Discrete Automation Market Industry is expected to grow from 132.23(USD Billion) in 2023 to 200.0 (USD Billion) by 2032. The Discrete Automation Market CAGR (growth rate) is expected to be around 4.71% during the forecast period (2024 - 2032).
Key Market DriversThe Discrete Automation Market is driven by the increasing demand for automation in manufacturing, rising adoption of the Industrial Internet of Things (IIoT), and growing government initiatives to promote digitalization in industries. Additionally, the need for improved efficiency, productivity, and safety is propelling market growth.Opportunities to be Explored or CapturedUntapped opportunities lie in the integration of advanced technologies such as artificial intelligence (AI), machine learning (ML), and cloud computing into discrete automation systems. This enhances automation capabilities and enables predictive maintenance and optimization. The market also offers growth potential in emerging industries like aerospace, healthcare, and food and beverage.
Trends in Recent Times Recent trends in the Discrete Automation Market include the adoption of modular automation solutions for flexibility and scalability. AI and ML are becoming integral to automation processes, allowing for more precise control and predictive analytics. Additionally, the market is witnessing a shift towards decentralized automation architectures, providing greater autonomy and efficiency.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
The increasing need for automation in manufacturing and production processes is a major driver of the Discrete Automation Market Industry. As companies strive to enhance efficiency, productivity and reduce costs, they are turning to discrete automation solutions. Discrete automation enables precise control and monitoring of individual machines and processes, allowing for optimized production, reduced downtime and improved product quality.The growing adoption of automation technologies across various industries, including automotive, electronics, food and beverage, pharmaceuticals and aerospace, is fueling the demand for discrete automation solutions.
Technological advancements play a crucial role in driving the Discrete Automation Market Industry. The emergence of Industry 4.0 and the Industrial Internet of Things (IIoT) has revolutionized automation capabilities. Smart sensors, edge computing, cloud-based platforms and artificial intelligence (AI) are transforming discrete automation systems. These technologies enable real-time data collection, predictive maintenance and remote monitoring, leading to improved decision-making, increased flexibility and enhanced overall efficiency.
Government initiatives and industry standards provide a supportive framework for the growth of the Discrete Automation Market Industry. Governments worldwide are recognizing the benefits of automation and are implementing policies to encourage its adoption. Tax incentives, research grants and funding for automation projects are some of the measures taken by governments to promote the development and deployment of discrete automation solutions. Additionally, industry standards and regulations ensure interoperability and safety, fostering a conducive environment for the growth of the market.
The Discrete Automation Market is segmented into hardware, software and services. The hardware segment held the largest share of the market in 2023 and is expected to continue to dominate the market throughout the forecast period. The growth of the hardware segment can be attributed to the increasing adoption of industrial automation solutions and the rising demand for smart manufacturing technologies. The software segment is expected to witness significant growth over the forecast period. The growth of the software segment can be attributed to the increasing adoption of cloud-based automation software and the rising demand for data analytics and visualization tools.The services segment is also expected to witness significant growth over the forecast period. The growth of the services segment can be attributed to the increasing demand for consulting, implementation and maintenance services. Overall, the Discrete Automation Market is expected to witness significant growth over the forecast period. The growth of the market can be attributed to the increasing adoption of industrial automation solutions, the rising demand for smart manufacturing technologies, and the growing need for data analytics and visualization tools.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
The Discrete Automation Market is segmented into various industries, including automotive, electronics, food and beverage, pharmaceutical and semiconductor. The food and beverage industry is also witnessing substantial growth, with a market size of USD 15.23 billion in 2023 and projected to reach USD 22.37 billion by 2032, growing at a CAGR of 4.71%.
The Discrete Automation Market is segmented by Application into Assembly, Inspection, Material Handling, Packaging and Testing. Among these, the Assembly segment held the largest market share in 2023, accounting for around 28.5% of the Discrete Automation Market revenue. The growth of this segment can be attributed to the increasing demand for automated assembly solutions in various industries, such as automotive, electronics and consumer goods. The Inspection segment is expected to witness significant growth over the forecast period due to the rising need for quality control and product safety.
The Material Handling segment is also expected to grow steadily, driven by the increasing adoption of automated material handling systems in warehouses and distribution centers. The Packaging segment is expected to grow at a moderate pace, driven by the increasing demand for automated packaging solutions in the food, beverage and pharmaceutical industries. The Testing segment is expected to witness steady growth, driven by the increasing demand for automated testing solutions in various industries, such as automotive, electronics and healthcare.
The Discrete Automation Market segmentation by region provides valuable insights into the market's geographical distribution and growth potential. North America is anticipated to dominate the market with a projected revenue of USD 65.28 Billion in 2023, owing to the strong presence of key industry players and significant investments in automation technologies. Europe follows closely with a projected revenue of USD 42.35 Billion in 2023, driven by the increasing adoption of automation in manufacturing and automotive sectors. The Asia-Pacific region is expected to witness substantial growth with a projected revenue of USD 38.46 Billion in 2023, attributed to the growing manufacturing sector and government initiatives to promote automation.South America and the Middle East Africa (MEA) regions are anticipated to contribute a smaller share to the overall market revenue due to their developing industrial sectors and lower levels of automation adoption.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Major players in Discrete Automation Market industry are adopting various strategies to gain a competitive advantage. Leading Discrete Automation Market players are focusing on developing new products and technologies to cater to the evolving needs of customers. They are also investing in research and development to improve their product offerings. Discrete Automation Market development is being driven by the increasing adoption of automation solutions across various industries. The growing need for efficiency and productivity is also contributing to the growth of the Discrete Automation Market.Schneider Electric is a leading player in the Discrete Automation Market industry. The company offers a wide range of automation solutions, including programmable logic controllers (PLCs), industrial computers and software. Schneider Electric also provides consulting and engineering services to help customers implement and maintain their automation systems.
The company's strong presence and extensive product portfolio give it a competitive edge in the Discrete Automation Market.ABB is another major player in the Discrete Automation Market. The company offers a comprehensive range of automation solutions, including robots, drives and motors. ABB also provides a variety of software and services to support its automation products. The company's focus on innovation and customer service has helped it to establish a strong position in the Discrete Automation Market. ABB is well-positioned to capitalize on the growing demand for automation solutions in the coming years.
The Discrete Automation Market is poised to grow significantly in the coming years. The market is expected to be worth USD 132.23 billion in 2023 and is projected to reach USD 200.0 billion by 2032, exhibiting a CAGR of 4.71%. This growth is attributed to the increasing adoption of automation technologies in various industries, such as automotive, food and beverage and pharmaceuticals.Recent news developments in the Discrete Automation Market include the launch of new products and partnerships. For instance, in 2023, Siemens introduced its latest generation of programmable logic controllers (PLCs), the SIMATIC S7-1500 series, which offers improved performance and connectivity. Additionally, Rockwell Automation and PTC announced a strategic partnership to integrate PTC's ThingWorx Industrial IoT platform with Rockwell Automation's FactoryTalk software suite. These developments indicate the growing focus on innovation and collaboration in the Discrete Automation Market.
Discrete Automation Market Segmentation Insights
| Report Attribute/Metric | Details |
| Market Size 2022 | 126.29(USD Billion) |
| Market Size 2023 | 132.23(USD Billion) |
| Market Size 2032 | 200.0(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 4.71% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Siemens, Mitsubishi Electric, Yaskawa Electric Corporation, Endress+Hauser, Schneider Electric, Yokogawa Electric Corporation, GEA Group, Krones, Rockwell Automation, Honeywell, General Electric, ABB, Emerson Electric, Fanuc Corporation, Omron |
| Segments Covered | Component, Industry, Application, Regional |
| Key Market Opportunities | 1.      Rising Industrial Automation 2.      Growing Adoption of IIoT 3.      Increased Demand for Flexible 4.      Production Surge in Smart Manufacturing 5.      Adoption of AI and Machine Learning |
| Key Market Dynamics | 1.      Growing industrial automation 2.      increasing demand for flexible 3.      technological advancements |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Discrete Automation Market was valued at USD 132.23 billion in 2023 and is projected to reach USD 200.0 billion by 2032.
The CAGR of the Discrete Automation Market is 4.71% from 2024 to 2032.
North America is expected to hold the largest market share in the Discrete Automation Market.
The manufacturing sector is expected to hold the largest market share in the Discrete Automation Market.
Key competitors in the Discrete Automation Market include Rockwell Automation, Siemens AG, Schneider Electric, Honeywell International, and ABB Group.
Major factors driving the growth of the Discrete Automation Market include rising demand for automation solutions, increasing adoption of Industry 4.0 technologies, and growing need for operational efficiency.
Challenges faced by the Discrete Automation Market include high implementation costs, lack of skilled workforce, and concerns related to data security.
Key trends expected to shape the future of the Discrete Automation Market include increasing adoption of cloud-based solutions, growing emphasis on predictive maintenance, and integration of artificial intelligence (AI) and machine learning (ML).
The Discrete Automation Market has a significant impact on the economy by improving productivity, reducing costs, and enhancing product quality.
Potential growth opportunities in the Discrete Automation Market include expanding into emerging markets, developing new and innovative solutions, and leveraging technological advancements.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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