China Industrial Automation And Control Systems Market Size & Outlook
China industrial automation and control systems market, 2018-2030 (US$M)
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China industrial automation and control systems market highlights
- The China industrial automation and control systems market generated a revenue of USD 25,242.3 million in 2023 and is expected to reach USD 65,939.6 million by 2030.
- The China market is expected to grow at a CAGR of 14.7% from 2024 to 2030.
- In terms of segment, dcs was the largest revenue generating control system in 2023.
- SCADA is the most lucrative control system segment registering the fastest growth during the forecast period.
Industrial automation and control systems market data book summary
| Market revenue in 2023 | USD 25,242.3 million |
| Market revenue in 2030 | USD 65,939.6 million |
| Growth rate | 14.7% (CAGR from 2023 to 2030) |
| Largest segment | Dcs |
| Fastest growing segment | SCADA |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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. |
Other key industry trends
- In terms of revenue, China accounted for 13.4% of the global industrial automation and control systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industrial automation and control systems market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 65,939.6 million by 2030.
Dcs was the largest segment with a revenue share of 35.48% in 2023. Horizon Databook has segmented the China industrial automation and control systems market based on dcs, plc, scada covering the revenue growth of each sub-segment from 2018 to 2030.
The industrial automation and control systems market in China recorded the largest market share of 30.6% in 2022. The rise in the deployment of intelligent manufacturing solutions in the region drives regional market growth.
The government initiatives such as China’s 14th-year plan for National Economic and Social Development and Long-Range Objectives for 2035 include the acceleration of advancement in manufacturing sectors. Furthermore, government incentives promote the penetration of industrial automation and control systems in the country.
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Industrial Automation And Control Systems Market Scope
Industrial Automation And Control Systems Market Companies
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China industrial automation and control systems market size, by control system, 2018-2030 (US$M)
China Industrial Automation And Control Systems Market Outlook Share, 2023 & 2030 (US$M)
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