Market revenue in 2023 | USD 5,954.5 million |
Market revenue in 2030 | USD 8,777.6 million |
Growth rate | 5.7% (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. |
Dcs was the largest segment with a revenue share of 34.66% in 2023. Horizon Databook has segmented the France 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 France recorded a market share of 16.0% in 2022. The penetration of IoT and M2M technologies as a part of industry 4.0 in the region is expected to drive the market.
The major industrial sectors in the region includes food & beverage industry, aircrafts, metals, ships, machinery, automobiles, among others. The demand for automation and control systems in the aforementioned industries to meet the consumer demand by increasing process efficiency catalyzes the market growth for industrial automation and control systems.
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