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 |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial automation and control systems market will help companies and investors design strategic landscapes.
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.
Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial automation and control systems market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial automation and control systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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