Global Industrial Automation And Control Systems Market Size & Outlook
Global industrial automation and control systems market, 2018-2030 (US$M)
Related Markets
Global industrial automation and control systems market highlights
- The global industrial automation and control systems market generated a revenue of USD 187,795.7 million in 2023 and is expected to reach USD 377,246.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.5% by 2030.
- In terms of segment, dcs accounted for a revenue of USD 65,291.1 million in 2023.
- SCADA is the most lucrative control system segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 187,795.7 million |
| Market revenue in 2030 | USD 377,246.4 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Dcs |
| Fastest growing segment | SCADA |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | DCS, PLC, SCADA |
Other key industry trends
- In terms of revenue, the North America accounted for 26.5% of the global industrial automation and control systems market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 4,332.3 million by 2030.
Dcs was the largest segment with a revenue share of 34.77% in 2023. Horizon Databook has segmented the Global industrial automation and control systems market based on dcs, plc, scada covering the revenue growth of each sub-segment from 2018 to 2030.
Manufacturers worldwide are now considering security an essential component and functionality. Security is built and incorporated into the equipment and firmware installed in the solution. Improving contemporary digital attacks on automation control systems requires IT and OT experts to work seamlessly to create secure frameworks customized to particular conditions.
IT professionals tend to be centered on framework security, while OT professionals tend to focus on laborer well-being. Both IT and OT professionals are required to work in conjunction to encourage common comprehension of the company's objectives significance of these objectives.
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Industrial Automation And Control Systems Market Scope
Industrial Automation And Control Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global industrial automation and control systems market size, by region, 2018-2030 (US$M)
Top 10 countries: Industrial automation and control systems market size, 2023 (US$M)
Global industrial automation and control systems market share, by control system, 2023 & 2030 (%, US$M)
Industrial automation and control systems market: Opportunity assessment by country
Global industrial automation and control systems market, by region, 2023 (US$M)
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