Market revenue in 2023 | USD 72,870.4 million |
Market revenue in 2030 | USD 175,138.3 million |
Growth rate | 13.3% (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 |
Key market players worldwide | ABB Ltd, Emerson Electric Co, Honeywell International Inc, Kawasaki Heavy Industries Ltd, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Yokogawa Electric Corp. |
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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 34.74% in 2023. Horizon Databook has segmented the Asia Pacific industrial automation and control systems market based on dcs, plc, scada covering the revenue growth of each sub-segment from 2018 to 2030.
The region's growth can be attributed to the presence of key market players and emerging companies. Some notable regional players are Yokogawa Electric Corporation, Kawasaki Robotics, and Mitsubishi Electric Factory Automation. The market growth in Asia Pacific can be attributed to the increasing demand for better solutions to manage industrial plants in China and India.
Furthermore, emerging economies such as Indonesia, Vietnam, and Thailand have a largely untapped market that drives significant investments to develop manufacturing facilities. Solution providers can extend their market position and develop new revenue sources.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific industrial automation and control systems market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial automation and control systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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