Market revenue in 2023 | USD 11,391.7 million |
Market revenue in 2030 | USD 18,552.2 million |
Growth rate | 7.2% (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 34.86% in 2023. Horizon Databook has segmented the Germany industrial automation and control systems market based on dcs, plc, scada covering the revenue growth of each sub-segment from 2018 to 2030.
Germany recorded the largest market share of 26.8% in 2022. The adoption of various business strategy by market players such as collaboration, partnership, among others is driving the market. For instance, the merger of LTI Motion GmbH and KEBA AG has provided the market with a complete automation solution that integrates safety technologies and control systems.
This provides industrialists a benefit for installation of complete package from a single company, eliminating compatibility and other technical challenges at time of deployment and installation. Therefore, market strategies by key players to diversify and expand their products and solutions portfolio is expected to drive the German market during the forecasted period.
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