産業用制御およびファクトリーオートメーション(FA)市場 – 2029年までの世界予測

Industrial Control & Factory Automation Market - Global Forecast To 2029

産業用制御およびファクトリーオートメーション(FA)市場 - テクノロジー (SCADA、DCS、HMI、MES、PAM、WMS、産業用ロボット、3Dプリンティング、CNCコントローラー、プロセスアナライザー、流量計、通信、予知保全、機械の安全性) - 2029年までの世界予測
Industrial Control & Factory Automation Market by Technology (SCADA, DCS, HMI, MES, PAM, WMS, Industrial Robotics, 3D Printing, CNC Controller, Process Analyzer, Flow meter, Communication, Predictive Maintenance, Machine Safety) - Global Forecast to 2029

商品番号 : SMB-4159

出版社MarketsandMarkets
出版年月2024年10月
ページ数388
図表数334
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global industrial control & factory automation market was valued at USD 255.88 billion in 2024 and is projected to reach USD 399.12 billion by 2029; it is expected to register a CAGR of 9.3% during the forecast period.

世界の産業用制御およびファクトリーオートメーション(FA)市場 は、2024 年に 2,558 億 8,000 万米ドルと評価され、2029 年までに 3,991 億 2,000 万米ドルに達すると予測されています。予測期間中に 9.3% の CAGR を記録すると予想されます。

Increased adoption of IoT and AI in industrial environments is driving the industrial control & factory automation market. Whereas high initial capital investment is restraining the growth of the industrial control & factory automation market.

産業用制御およびファクトリーオートメーション(FA)市場 - 2029年までの世界予測
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“Cloud enterprise resource planning (ERP) segment is expected to hold the largest market share throughout the forecast period.”

The ERP system integrates all these processes in one end-to-end system to streamline various business processes and information across the entire organization. Software as a Service (SaaS) ERP is enterprises’ most popular deployment model. The rise of IIoT and connected factories has created a need for ERP systems that can integrate with sensors, machines, and control systems to collect real-time data from the production floor.

産業用制御およびファクトリーオートメーション(FA)市場 - 2029年までの世界予測 12
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“Oil & Gas segment is likely to hold the largest market in 2024.”

The oil and gas segment is estimated to account for the highest part of the industrial control and factory automation market in 2024. The oil and gas business is highly capital-intensive, therefore increasing operational efficiency is critical to profitability. Automation systems such as Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), and Programmable Logic Controllers (PLCs) allow for real-time monitoring and control of operations, resulting in more efficient production processes, less waste, and higher throughput. Due to the specific emphasis on safety, efficiency, remote locations, data-driven decisions, and strict regulations followed in this sector has lead it to hold the largest market share. Predictive maintenance, automation, and robots are some of the critical smart technologies that help the industry lower costs, improve safety, and increase efficiency.

“The North America segment is likely to grow at the second highest CAGR during the forecast period.”

North America’s market is predicted to expand at the second-highest CAGR over the forecast period. North America’s industrial control and factory automation market is being driven by technological breakthroughs such as Industry 4.0, IIoT, and Al, which improve operational efficiency and productivity. It is witnessing a massive thrust toward energy efficiency, sustainability, and strengent safety criteria, all of which continue to pressure the industries related to the automobile, oil, and gas sectors toward increased adoption of automation. And labor shortages take the advancement of automation even further along, fueled by strong government support and leadership from key players in the industry. Surging demand for industrial control & factory automation and warehouse automation is also shaping up the future of the industry.

産業用制御およびファクトリーオートメーション(FA)市場 - 2029年までの世界予測 region
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Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 45%, Tier 2 – 35%, Tier 3 – 20%
  • By Designation— C-level Executives – 50%, Directors – 30%, Others – 20%
  • By Region—North America – 35%, Europe – 20%, Asia Pacific – 40%, RoW – 5%

The industrial control & factory automation market is dominated by a few globally established players such as ABB (Switzerland), Schneider Electric (France), Emerson Electric Co. (US), General Electric (US), Honeywell International Inc. (US), Siemens (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation (US), Siemens (Germany), Stratasys (US), Omron Corporation (Japan), Yokogawa Electric Corporation (Japan), Endress+Hauser Group Services AG (Switzerland),  FANUC Corporation (Japan). The study includes an in-depth competitive analysis of these key players in the industrial control & factory automation market, with their company profiles, recent developments, and key market strategies.

産業用制御およびファクトリーオートメーション(FA)市場 - 2029年までの世界予測 ecosystem
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Research Coverage:

The report segments the industrial control & factory automation market and forecasts its size by component, industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the industrial control & factory automation ecosystem.

Key Benefits to Buy the Report:

  • Analysis of key drivers (Increased adoption of IoT and AI in industrial environments, Government initiatives to boost industrial automation, Growing Focus on Operational Efficiency and Productivity, Growing demand for smart sensors in various industries to gain real-time insights, Increasing integration of machine vision systems with deep learning ), Restraint (Compelling initial capital investment and subsequent investment for maintenance, Components’ incapacity to perform in a human-like manner, Security risks associated with cyber-physical systems), Opportunity (Increased demand for safety compliance automation solutions, Rising adoption of automation within the industrial sector, Rising need for augmented reality and virtual reality technologies), Challenges (Absence of standardization in industrial communication protocols and interfaces, Shortage of skilled workforce to operate industrial automation equipment and systems, Less precise systems due to differences between simulations and real life, Complexity in deployment of industrial control & factory automation solutions)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the industrial control & factory automation market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the industrial control & factory automation market across varied regions
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the industrial control & factory automation market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players ABB (Switzerland), Schneider Electric (France), Emerson Electric Co. (US), General Electric (US), Honeywell International Inc. (US), Siemens (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation (US), among others in the industrial control & factory automation market.

Table of Contents

1            INTRODUCTION            32

1.1         STUDY OBJECTIVES      32

1.2         MARKET DEFINITION   32

1.3         STUDY SCOPE  33

1.3.1      MARKETS COVERED & REGIONAL SCOPE           33

1.3.2      INCLUSIONS AND EXCLUSIONS 34

1.3.3      YEARS CONSIDERED     34

1.4         CURRENCY CONSIDERED          35

1.5         LIMITATIONS   35

1.6         UNIT CONSIDERED       35

1.7         STAKEHOLDERS            35

1.8         SUMMARY OF CHANGES            36

2            RESEARCH METHODOLOGY     37

2.1         INTRODUCTION            37

2.1.1      SECONDARY DATA       38

2.1.1.1   List of major secondary sources       38

2.1.1.2   Key data from secondary sources     39

2.1.2      PRIMARY DATA 39

2.1.2.1   List of key interview participants      39

2.1.2.2   Breakdown of primaries     40

2.1.2.3   Key industry insights          40

2.1.2.4   Key data from primary sources         41

2.1.3      SECONDARY AND PRIMARY RESEARCH 42

2.2         MARKET SIZE ESTIMATION METHODOLOGY    42

2.2.1      BOTTOM-UP APPROACH           43

2.2.1.1   Approach to arrive at market size using bottom-up approach (demand side)              43

2.2.2      TOP-DOWN APPROACH             44

2.2.2.1   Approach to arrive at market size using top-down approach

(supply side)        44

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    46

2.4         RESEARCH ASSUMPTIONS         47

2.5         LIMITATIONS AND RISK ASSESSMENT  48

3            EXECUTIVE SUMMARY 49

4            PREMIUM INSIGHTS      53

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET    53

4.2         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY COMPONENT   54

4.3         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY     55

4.4         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION             56

4.5         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY COUNTRY         56

5            MARKET OVERVIEW     57

5.1         INTRODUCTION            57

5.2         MARKET DYNAMICS     57

5.2.1      DRIVERS            58

5.2.1.1   Increased adoption of IoT and AI in industrial environments     58

5.2.1.2   Government initiatives to promote industrial automation          58

5.2.1.3   Growing focus on operational efficiency and productivity          58

5.2.1.4   Growing demand for smart sensors in various industries to gain real-time insights              59

5.2.1.5   Increasing integration of machine vision systems with  deep learning     59

5.2.2      RESTRAINTS     60

5.2.2.1   Significant initial capital investment and subsequent maintenance expenses              60

5.2.2.2   Lack of quick adaptability to changing scenario and intuitive decision-making              61

5.2.2.3   Security risks associated with cyber-physical systems   61

5.2.3      OPPORTUNITIES           62

5.2.3.1   Increased demand for safety compliance automation solutions   62

5.2.3.2   Rising adoption of automation in industrial sector        63

5.2.3.3   Growing demand for augmented reality and virtual reality technologies   63

5.2.4      CHALLENGES   64

5.2.4.1   Absence of standardization in industrial communication protocols and interfaces              64

5.2.4.2   Shortage of skilled workforce to operate industrial automation equipment and systems  65

5.2.4.3   Lack of precision due to differences between simulations and real-life     65

5.2.4.4   Complexity in deployment of industrial control & factory automation solutions              65

5.3         VALUE CHAIN ANALYSIS            67

5.4         ECOSYSTEM ANALYSIS 68

5.5         INVESTMENT AND FUNDING SCENARIO            70

5.6         PRICING ANALYSIS        70

5.6.1      INDICATIVE PRICING OF KEY PLAYERS, BY ROBOT TYPE           70

5.6.2      AVERAGE SELLING PRICE TREND, BY TYPE       71

5.6.3      AVERAGE SELLING PRICE TREND, BY REGION  73

5.6.4      AVERAGE SELLING PRICE TREND OF INDUSTRIAL SENSORS      74

5.6.5      AVERAGE SELLING PRICES OF PROCESS ANALYZER, BY TYPE    75

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       77

5.8         PORTER’S FIVE FORCES ANALYSIS         77

5.8.1      THREAT OF NEW ENTRANTS    79

5.8.2      THREAT OF SUBSTITUTES         79

5.8.3      BARGAINING POWER OF SUPPLIERS     79

5.8.4      BARGAINING POWER OF BUYERS           79

5.8.5      INTENSITY OF COMPETITIVE RIVALRY 80

5.9         KEY STAKEHOLDERS & BUYING CRITERIA          80

5.9.1      KEY STAKEHOLDERS IN BUYING PROCESS         80

5.9.2      BUYING CRITERIA         81

5.10       CASE STUDY     81

5.10.1    WORLD WIDE FITTINGS, INC. ADOPTS MITSUBISHI ELECTRIC’S INDUSTRIAL ROBOTICS TO STREAMLINE OPERATIONS             81

5.10.2    BOMBARDIER TRANSPORTATION SELECTS ABB TO PROVIDE SCADA SYSTEM FOR BANGKOK’S MONORAIL PROJECT 82

5.10.3    COOPER TIRE ADOPTS ROCKWELL AUTOMATION’S MES SOLUTION FOR GREATER EFFICIENCY       82

5.10.4    ENEL GREEN POWER S.P.A. IMPLEMENTS ABB ABILITY FOR PREDICTIVE MAINTENANCE IN HYDROPOWER PLANTS             82

5.10.5    CHINA NATIONAL BUILDING MATERIAL GROUP CORPORATION ENHANCES ENERGY EFFICIENCY WITH SCHNEIDER ELECTRIC’S ECOSTRUXURE 83

5.10.6    ARKEMA GROUP UPGRADES SYSTEMS WITH ABB’S SYSTEM 800XA ARCHITECTURE            84

5.11       TECHNOLOGY ANALYSIS           84

5.11.1    KEY TECHNOLOGIES    84

5.11.1.1 Artificial intelligence          84

5.11.1.2 Augmented reality             84

5.11.1.3 Blockchain           85

5.11.1.4 5G         85

5.11.1.5 Digital twin          85

5.11.1.6 IoT        86

5.11.2    COMPLEMENTARY TECHNOLOGIES     86

5.11.2.1 Smart energy management 86

5.11.2.2 Cybersecurity      86

5.11.3    ADJACENT TECHNOLOGIES      87

5.11.3.1 Edge computing   87

5.12       TRADE ANALYSIS          88

5.13       PATENTS ANALYSIS      90

5.14       KEY CONFERENCES & EVENTS, 2024–2026           93

5.15       DIGITALIZATION IN INDUSTRIAL CONTROL     95

5.16       REGULATORY LANDSCAPE       95

5.16.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          95

5.16.2    STANDARDS AND REGULATIONS RELATED TO INDUSTRIAL ROBOTICS         98

5.17       IMPACT OF AI ON INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET            101

5.17.1    INTRODUCTION            101

5.17.2    AI USE CASES    101

6            INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY COMPONENT   103

6.1         INTRODUCTION            104

6.2         INDUSTRIAL CONTROL SYSTEMS          106

6.2.1      SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)    107

6.2.2      DISTRIBUTED CONTROL SYSTEM (DCS)            110

6.2.2.1   Software 110

6.2.2.1.1 Analyze data and help identify precise locations for repair          110

6.2.2.2   Hardware            110

6.2.2.2.1 Increase in industrial automation projects to drive market growth            110

6.2.2.3   Services 110

6.2.2.3.1 Need for plant optimization across industries driving services segment    110

6.2.3      PROGRAMMABLE LOGIC CONTROLLER (PLC)  112

6.2.4      INDUSTRIAL PC             114

6.2.4.1   Panel IPC            114

6.2.4.1.1 Growing adoption of automated manufacturing technologies to drive market              114

6.2.4.2   Rack mount IPC  115

6.2.4.2.1 Rising need for compact designs in space-constrained applications to increase demand 115

6.2.4.3   DIN rail IPC        115

6.2.4.3.1 Need for maintenance-free and continuous operations fueling use of rugged and scalable DIN rail IPCs        115

6.2.4.4   Embedded IPC    115

6.2.4.4.1 Rising use of embedded IPCs in high-bandwidth projects          115

6.2.5      HUMAN MACHINE INTERFACE 117

6.2.5.1   Hardware            117

6.2.5.2   Software 117

6.3         INDUSTRIAL SOFTWARE            120

6.3.1      MANUFACTURING EXECUTION SYSTEM (MES) 121

6.3.1.1   Software 122

6.3.1.1.1 Reduction in manufacturing cycle time and low data maintenance requirements to boost demand      122

6.3.1.2   Services 122

6.3.1.2.1 Need for routine power supply checks in manufacturing plants to contribute to segmental growth 122

6.3.1.3   Implementation   123

6.3.2      SOFTWARE UPGRADE  123

6.3.2.1   Training 123

6.3.2.2   Maintenance        123

6.3.3      PLANT ASSET MANAGEMENT (PAM)     125

6.3.3.1   On-premises (Offline) deployment 126

6.3.3.2   Cloud-based (Online) deployment  126

6.3.4      WAREHOUSE MANAGEMENT SYSTEM (WMS)    128

6.3.4.1   On-premises        128

6.3.4.1.1 Rising demand for customized warehouse solutions to fit specific needs and workflows to drive growth  128

6.3.4.2   Cloud-based        129

6.3.4.2.1 Increased processing speed and reduced upfront costs to accelerate demand              129

6.3.5      MANUFACTURING OPERATION MANAGEMENT (MOM) 131

6.3.6      CLOUD ENTERPRISE RESOURCE PLANNING (ERP)         133

6.3.7      QUALITY MANAGEMENT SYSTEM (QMS)           135

6.4         CNC CONTROLLER       137

6.4.1      HARDWARE      138

6.4.1.1   Hardware plays crucial role in overall CNC controller systems   138

6.4.2      SOFTWARE & SERVICES 139

6.4.2.1   Upgraded software solutions and additional services enhance manufacturing efficiency and accuracy      139

6.4.2.1.1 Installation and commissioning        139

6.4.2.1.2 Retrofitting and reconditioning        139

6.5         INDUSTRIAL ROBOTICS             140

6.5.1      INDUSTRIAL ROBOTS   141

6.5.1.1   Traditional robots 144

6.5.1.1.1 Widely used to handle heavy loads and programmed to perform single task repeatedly           144

6.5.1.2   Collaborative robots          145

6.5.1.2.1 Ease of use and low-cost deployment to drive market   145

6.5.2      ROBOT END EFFECTOR             146

6.6         INDUSTRIAL 3D PRINTING        148

6.7         PROCESS ANALYZER     150

6.7.1      GAS ANALYZER 150

6.7.1.1   Oxygen analyzer  150

6.7.1.1.1 Advancements in sensor technology to fuel market growth         150

6.7.1.2   Carbon dioxide analyzer    151

6.7.1.2.1 Need for accurate monitoring of CO2 levels to drive market      151

6.7.1.3   Moisture analyzer 151

6.7.1.3.1 Growing importance of moisture control in industries to foster growth    151

6.7.1.4   Toxic gas analyzer             152

6.7.1.4.1 Advanced sensor technology and integration of IoT to create lucrative growth opportunities       152

6.7.1.5   Hydrogen sulfide analyzer 152

6.7.1.5.1 Increasing focus on reducing environmental impact to boost segmental growth              152

6.7.2      LIQUID ANALYZER        152

6.7.2.1   PH/ORP analyzer             153

6.7.2.1.1 Demand in reverse osmosis and cooling processes to fuel segmental growth              153

6.7.2.2   Conductivity analyzer        153

6.7.2.2.1 Demand in pharmaceutical sector to improve process efficiency to propel market              153

6.7.2.3   Turbidity analyzer             154

6.7.2.3.1 Need for accurate turbidity measurement in wastewater treatment facilities to accelerate growth 154

6.7.2.4   Dissolved oxygen analyzer 154

6.7.2.4.1 Adoption in water monitoring applications to contribute to market growth              154

6.7.2.5   Liquid density analyzer      154

6.7.2.5.1 Deployment of IoT technology in liquid density analyzers to propel growth              154

6.7.2.6   MLSS analyzer    155

6.7.2.6.1 MLSS analyzers widely used to optimize wastewater treatment  155

6.7.2.7   TOC analyzer      155

6.7.2.7.1 Adoption of TOC analyzers to ensure compliance with pharmaceutical manufacturing standards to boost growth       155

6.8         FIELD INSTRUMENTATION       157

6.8.1      LEVEL TRANSMITTER  157

6.8.1.1   Growing application in petrochemicals and water & wastewater treatment industries to drive demand 157

6.8.2      PRESSURE TRANSMITTER          158

6.8.2.1   Rising oil & gas exploration activities to drive market   158

6.8.3      TEMPERATURE TRANSMITTER 160

6.8.3.1   Increasing use in pharmaceutical manufacturing to boost demand           160

6.8.4      OTHER TRANSMITTERS             160

6.8.4.1   Growing use of vibration-level switches as overfill protection devices to boost market growth     160

6.9         FLOW METER   162

6.9.1      MAGNETIC       162

6.9.1.1   Increasing demand for clean water and wastewater treatment to drive market              162

6.9.2      CORIOLIS          163

6.9.2.1   Broad range of applications in various industries to drive market             163

6.9.3      ULTRASONIC    163

6.9.3.1   Growing need for efficient water and energy management to drive market              163

6.9.4      ULTRASONIC FLOW METERS, BY TECHNOLOGY            163

6.9.4.1   Transit time         163

6.9.4.2   Doppler 163

6.9.5      DIFFERENTIAL PRESSURE          164

6.9.5.1   High reliability and accuracy of differential pressure to drive market        164

6.9.5.2   Orifices  164

6.9.5.3   Venturi tubes       164

6.9.5.4   Cone meters        164

6.9.5.5   Flow nozzles        164

6.9.5.6   Variable area meters          164

6.9.5.7   Averaging pitots   164

6.9.5.8   Dall tubes            165

6.9.6      POSITIVE DISPLACEMENT         165

6.9.6.1   Demand for cost-effective flow meters in applications requiring high accuracy to drive growth        165

6.9.6.2   Piston flow meters             165

6.9.6.3   Oscillating piston meters   165

6.9.6.4   Helical flow meters            165

6.9.6.5   Bi-rotors 165

6.9.6.6   Rotary vane meters            165

6.9.6.7   Gear flow meters 166

6.9.7      TURBINE           166

6.9.7.1   Industrial automation and process optimization to drive market 166

6.9.8      VORTEX             166

6.9.8.1   Low initial setup cost to drive market             166

6.9.9      OTHERS             166

6.9.9.1   Thermal flow meters          167

6.9.9.2   Multiphase flow meters      167

6.10       INDUSTRIAL COMMUNICATION            169

6.10.1    COMPONENTS 169

6.10.1.1 Switches 169

6.10.1.1.1            Offers high security and durability for reliable network connections between interconnected computers  169

6.10.1.2 Gateways             170

6.10.1.2.1            Market players introducing innovative gateways to support Industry 4.0 and smart factory applications         170

6.10.1.3 Routers & WAP   170

6.10.1.3.1            Compatibility with 5G technology in routers supports seamless industrial communications  170

6.10.1.4 Controllers & connectors   171

6.10.1.4.1            Controllers & connectors critical for determining priorities of tasks and interruptions        171

6.10.1.5 Communication interfaces & converters        171

6.10.1.5.1            Enables communication between dissimilar media types            171

6.10.1.6 Power supply devices         172

6.10.1.6.1            High-performance integrated PMICS useful in communications power management        172

6.10.1.7 Others   172

6.10.2    SOFTWARE       173

6.10.2.1 Networking management software optimizes network efficiency and minimizes total cost of ownership       173

6.10.3    SERVICES          173

6.10.3.1 Industrial communications services support integration of devices, machines, and systems within IIoT ecosystem         173

6.11       INDUSTRIAL MONITORING & SAFETY   175

6.11.1    INDUSTRIAL SENSOR    177

6.11.1.1 Contact sensors   177

6.11.1.1.1            Growing demand in oil & gas and energy & power industries to fuel growth   177

6.11.1.2 Non-contact sensors          178

6.11.1.2.1            Food & beverages and mining sectors to generate significant demand              178

6.11.2    MACHINE CONDITION MONITORING   179

6.11.2.1 Online   179

6.11.2.1.1            Need for real-time data regarding variations in machine performance for prompt decision-making to drive market        179

6.11.2.2 Portable 180

6.11.2.2.1            Cost-effectiveness and maximized production output to boost demand              180

6.11.3    MACHINE SAFETY         182

6.11.3.1 Systems 182

6.11.3.1.1            Compliance with stringent safety standards to drive growth       182

6.11.3.2 Sensors  182

6.11.3.2.1            Adoption of technologies such as machine learning to drive growth              182

6.11.4    SOLID STATE RELAY     184

6.11.5    MACHINE VISION SYSTEM         186

6.11.5.1 PC-based machine vision system      186

6.11.5.1.1            High processing power and versatility with diverse applications and cameras to drive demand   186

6.11.5.2 Smart camera-based machine vision system   187

6.11.5.2.1            Growing use in imaging and security applications to drive market              187

6.11.6    PREDICTIVE MAINTENANCE     189

6.11.6.1 Hardware            189

6.11.6.2 Solutions             189

7            INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY 192

7.1         INTRODUCTION            193

7.2         OIL & GAS          195

7.2.1      ADOPTION OF ASSET MONITORING SOLUTIONS DRIVING MARKET GROWTH          195

7.3         CHEMICALS      196

7.3.1      ADOPTION OF AUTOMATED SOLUTIONS TO MAINTAIN IDEAL INVENTORY LEVELS TO CONTRIBUTE TO MARKET GROWTH  196

7.4         PULP & PAPER  196

7.4.1      USE OF AUTOMATION TO CUT COSTS AND INCREASE OUTPUT FUELING MARKET GROWTH     196

7.5         PHARMACEUTICAL       196

7.5.1      GROWING NEED TO STANDARDIZE MANUFACTURING PROCESSES TO SUPPORT MARKET GROWTH    196

7.6         METALS & MINING        197

7.6.1      ADOPTION OF ADVANCED TECHNOLOGIES TO ENHANCE METAL PRODUCTION FUELING GROWTH         197

7.7         FOOD & BEVERAGES     198

7.7.1      NEED FOR HIGHER PRODUCTIVITY AND MINIMIZED DOWNTIME TO DRIVE MARKET GROWTH          198

7.8         ENERGY & POWER         198

7.8.1      ADOPTION OF SMART AUTOMATION TOOLS TO FACILITATE EFFICIENT ENERGY & POWER MANAGEMENT TO PROPEL MARKET      198

7.9         AUTOMOTIVE  199

7.9.1      AUTOMOTIVE INDUSTRY WITNESSING INCREASING DEMAND FOR INDUSTRY CONTROL & FACTORY AUTOMATION TO BOOST PRODUCTIVITY AND SAFETY     199

7.10       AEROSPACE      200

7.10.1    MANUFACTURERS ADOPTING AUTOMATION TECHNOLOGY TO MEET HIGH PRODUCTION TARGETS    200

7.11       SEMICONDUCTOR & ELECTRONICS      200

7.11.1    INCREASING NEED TO ENHANCE SEMICONDUCTOR AND ELECTRONICS SUPPLY CHAIN TO DRIVE SEGMENT GROWTH  200

7.12       HEAVY MACHINERY      201

7.12.1    DEPENDENCE ON AI TO ASSESS MACHINE CONDITIONS AND MINIMIZE DOWNTIME ACCELERATING MARKET GROWTH       201

7.13       MEDICAL DEVICES        201

7.13.1    UTILIZATION OF ROBOTS IN MEDICAL FACILITIES TO MAINTAIN INFECTION-FREE ENVIRONMENT TO DRIVE GROWTH 201

7.14       OTHER END-USE INDUSTRIES  202

8            INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION             203

8.1         INTRODUCTION            204

8.2         NORTH AMERICA          206

8.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA   206

8.2.2      US         209

8.2.2.1   Push for industrial automation excellence redefining efficiency and productivity across industries  209

8.2.3      CANADA            210

8.2.3.1   Adoption of advanced automation technologies empowering key manufacturing sectors   210

8.2.4      MEXICO             211

8.2.4.1   Growth in manufacturing sector driving demand for industrial automation and smart technologies             211

8.3         EUROPE             212

8.3.1      MACROECONOMIC OUTLOOK FOR EUROPE     212

8.3.2      UK         215

8.3.2.1   Government support for development of IoT technologies to drive market              215

8.3.3      GERMANY         216

8.3.3.1   Growing use of industrial robots in automotive sector fueling market growth              216

8.3.4      FRANCE             217

8.3.4.1   Increasing government initiatives to promote industrial automation to support market growth     217

8.3.5      REST OF EUROPE           217

8.4         ASIA PACIFIC    218

8.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC          218

8.4.2      CHINA  221

8.4.2.1   Rising wages in manufacturing industries boosting demand for automation              221

8.4.3      JAPAN  222

8.4.3.1   Strong focus on advancing industrial automation to support market growth              222

8.4.4      INDIA   222

8.4.4.1   Growing government initiatives for automation of industries to fuel growth              222

8.4.5      REST OF ASIA PACIFIC  223

8.5         REST OF THE WORLD (ROW)    224

8.5.1      MACROECONOMIC OUTLOOK FOR REST OF THE WORLD         224

8.5.2      MIDDLE EAST & AFRICA             226

8.5.2.1   GCC      227

8.5.2.1.1 Economy witnessing rapid transformation with adoption of smart manufacturing technologies        227

8.5.2.2   Africa & Rest of Middle East            227

8.5.2.2.1 Growth of manufacturing, electronics, medical devices, and automotive sectors to drive market        227

8.5.3      SOUTH AMERICA           228

8.5.3.1   Brazil     229

8.5.3.1.1 Government initiatives encouraging adoption of advanced solutions to fuel market growth   229

8.5.3.2   Rest of South America       229

9            COMPETITIVE LANDSCAPE       230

9.1         OVERVIEW        230

9.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022−2024   230

9.3         MARKET SHARE ANALYSIS, 2023 (INDUSTRIAL ROBOTICS)         233

9.4         REVENUE ANALYSIS, 2019–2023 234

9.5         MARKET SHARE ANALYSIS, 2023 (INDUSTRIAL SENSORS)           236

9.6         MARKET SHARE ANALYSIS, 2023 (PROCESS ANALYZER) 237

9.7         COMPANY VALUATION AND FINANCIAL METRICS        238

9.8         BRAND/PRODUCT COMPARISON          239

9.9         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   240

9.9.1      STARS  240

9.9.2      EMERGING LEADERS    240

9.9.3      PERVASIVE PLAYERS     240

9.9.4      PARTICIPANTS 241

9.9.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023      242

9.9.5.1   Company footprint            242

9.9.5.2   Region footprint  243

9.9.5.3   Payload footprint 243

9.9.5.4   Robot type footprint          244

9.9.5.5   End-use industry footprint 245

9.10       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          246

9.10.1    PROGRESSIVE COMPANIES       246

9.10.2    RESPONSIVE COMPANIES          246

9.10.3    DYNAMIC COMPANIES 246

9.10.4    STARTING BLOCKS       246

9.10.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             247

9.10.5.1 Detailed list of key startups/SMEs   247

9.10.5.2 Competitive benchmarking of key startups/SMEs        248

9.11       COMPETITIVE SCENARIO AND TRENDS             250

9.11.1    PRODUCT LAUNCHES  250

9.11.2    DEALS  255

9.11.3    EXPANSIONS    261

10          COMPANY PROFILES    263

10.1       KEY PLAYERS   263

10.1.1    SCHNEIDER ELECTRIC 263

10.1.1.1 Business overview 263

10.1.1.2 Products/Solutions/Services offered 264

10.1.1.3 Recent developments         266

10.1.1.3.1            Product launches 266

10.1.1.3.2            Deals     266

10.1.1.3.3            Expansions          267

10.1.1.4 MnM view           268

10.1.1.4.1            Key strengths/Right to win 268

10.1.1.4.2            Strategic choices  268

10.1.1.4.3            Weaknesses and competitive threats 268

10.1.2    HONEYWELL INTERNATIONAL INC.      269

10.1.2.1 Business overview 269

10.1.2.2 Products/Solutions/Services offered 270

10.1.2.3 Recent developments         271

10.1.2.3.1            Product launches 271

10.1.2.3.2            Deals     272

10.1.2.4 MnM view           273

10.1.2.4.1            Right to win         273

10.1.2.4.2            Strategic choices  273

10.1.2.4.3            Weaknesses and competitive threats 273

10.1.3    ABB       274

10.1.3.1 Business overview 274

10.1.3.2 Products/Solutions/Services offered 275

10.1.3.3 Recent developments         276

10.1.3.3.1            Product launches 276

10.1.3.3.2            Deals     277

10.1.3.4 MnM view           278

10.1.3.4.1            Key strengths/Right to win 278

10.1.3.4.2            Strategic choices  278

10.1.3.4.3            Weaknesses and competitive threats 278

10.1.4    ROCKWELL AUTOMATION        279

10.1.4.1 Business overview 279

10.1.4.2 Recent developments         281

10.1.4.2.1            Product launches 281

10.1.4.2.2            Deals     282

10.1.4.3 MnM view           283

10.1.4.3.1            Key strengths/Right to win 283

10.1.4.3.2            Strategic choices  283

10.1.4.3.3            Weaknesses and competitive threats 283

10.1.5    SIEMENS            284

10.1.5.1 Business overview 284

10.1.5.2 Products/Solutions/Services offered 285

10.1.5.3 Recent developments         286

10.1.5.3.1            Product Launches 286

10.1.5.3.2            Deals     287

10.1.5.4 MnM view           287

10.1.5.4.1            Key strengths/Right to win 287

10.1.5.4.2            Strategic choices  287

10.1.5.4.3            Weaknesses and competitive threats 288

10.1.6    EMERSON ELECTRIC CO.           289

10.1.6.1 Business overview 289

10.1.6.2 Products/Solutions/Services offered 290

10.1.6.3 Recent developments         291

10.1.6.3.1            Product launches 291

10.1.6.3.2            Deals     292

10.1.6.4 MnM view           293

10.1.6.4.1            Key strengths/Right to win 293

10.1.6.4.2            Strategic choices  293

10.1.6.4.3            Weaknesses and competitive threats 293

10.1.7    MITSUBISHI ELECTRIC CORPORATION 294

10.1.7.1 Business overview 294

10.1.7.2 Products/Solutions/Services offered 295

10.1.7.3 Recent developments         296

10.1.7.3.1            Product launches 296

10.1.7.3.2            Deals     296

10.1.7.3.3            Expansions          297

10.1.8    GENERAL ELECTRIC COMPANY 298

10.1.8.1 Business overview 298

10.1.8.2 Products/Solutions/Services offered 299

10.1.8.3 Recent developments         300

10.1.8.3.1            Product launches 300

10.1.8.3.2            Deals     301

10.1.8.3.3            Expansions          301

10.1.9    YOKOGAWA ELECTRIC CORPORATION 302

10.1.9.1 Business overview 302

10.1.9.2 Products/Solutions/Services offered 303

10.1.9.3 Recent developments         304

10.1.9.3.1            Product launches 304

10.1.9.3.2            Deals     305

10.1.9.4 MnM view           306

10.1.9.4.1            Key strengths/Right to win 306

10.1.9.4.2            Strategic choices  306

10.1.9.4.3            Weaknesses and competitive threats 306

10.1.10  OMRON CORPORATION             307

10.1.10.1             Business overview 307

10.1.10.2             Products/Solutions/Services offered 308

10.1.10.3             Recent developments         309

10.1.10.3.1          Product launches 309

10.1.10.3.2          Deals     310

10.1.11  ENDRESS+HAUSER GROUP SERVICES AG           311

10.1.11.1             Business overview 311

10.1.11.2             Products/Solutions/Services offered 312

10.1.11.3             Recent developments         313

10.1.11.3.1          Product launches 313

10.1.11.3.2          Expansions          314

10.1.12  FANUC CORPORATION 315

10.1.12.1             Business overview 315

10.1.12.2             Products/Solutions/Services offered 316

10.1.12.3             Recent developments         317

10.1.12.3.1          Product launches 317

10.1.12.3.2          Expansions          317

10.2       OTHER KEY PLAYERS    318

10.2.1    WIKA ALEXANDER WIEGAND SE & CO. KG          318

10.2.2    DWYWER INSTRUMENTS, LLC  319

10.2.3    STRATASYS       319

10.2.4    3D SYSTEMS     320

10.2.5    FUJI ELECTRIC CO., LTD.           320

10.2.6    HITACHI LTD.  321

10.2.7    KROHNE            322

10.2.8    AZBIL CORPORATION  323

10.2.9    VEGA   324

10.2.10  TRIDITIVE         324

10.2.11  ULTIMAKER      325

10.2.12  ROBOZE            325

10.2.13  SOFTGRIPPING 326

10.2.14  ZIVID    326

10.2.15  TEGAN INNOVATIONS 327

10.2.16  NANO DIMENSION        327

10.2.17  ONROBOT A/S  328

10.2.18  INXPECT S.P.A  328

11          APPENDIX         329

11.1       INSIGHTS OF INDUSTRY EXPERTS         329

11.2       DISCUSSION GUIDE      330

11.3       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             334

11.4       CUSTOMIZATION OPTIONS      336

11.5       RELATED REPORTS       336

11.6       AUTHOR DETAILS         337

LIST OF TABLES

TABLE 1             INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: LIMITATIONS AND ASSOCIATED RISKS 48

TABLE 2             INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM 69

TABLE 3             INDICATIVE PRICING OF INDUSTRIAL ROBOTS OFFERED BY KEY PLAYERS,

BY ROBOT TYPE (USD) 71

TABLE 4             AVERAGE SELLING PRICE OF TRADITIONAL INDUSTRIAL ROBOTS, BY TYPE         72

TABLE 5             AVERAGE SELLING PRICE OF DIGITAL TEMPERATURE SENSORS OFFERED

BY MAJOR PLAYERS      73

TABLE 6             AVERAGE SELLING PRICES OF KEY PLAYERS, BY TYPE  76

TABLE 7             AVERAGE SELLING PRICE OF OPTICS, BY REGION          76

TABLE 8             INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS         78

TABLE 9             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES        80

TABLE 10           KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              81

TABLE 11           IMPORT DATA FOR HS CODE 847950-COMPLIANT PRODUCTS, BY COUNTRY,  2019–2023 (USD MILLION)         88

TABLE 12           EXPORT DATA FOR HS CODE 847950-COMPLIANT PRODUCTS, BY COUNTRY,  2019–2023 (USD MILLION)         89

TABLE 13           LIST OF MAJOR PATENTS, 2021–2024     90

TABLE 14           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: CONFERENCES & EVENTS          93

TABLE 15           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      96

TABLE 16           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97

TABLE 17           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      97

TABLE 18           REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      98

TABLE 19           INTERNATIONAL: SAFETY STANDARDS FOR INDUSTRIAL ROBOTICS MARKET      98

TABLE 20           NORTH AMERICA: SAFETY STANDARDS FOR INDUSTRIAL ROBOTICS MARKET      99

TABLE 21           EUROPE: SAFETY STANDARDS FOR INDUSTRIAL ROBOTICS MARKET            99

TABLE 22           ASIA PACIFIC: SAFETY STANDARDS FOR INDUSTRIAL ROBOTICS MARKET      100

TABLE 23           ROW: SAFETY STANDARDS FOR INDUSTRIAL ROBOTICS MARKET            101

TABLE 24           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COMPONENT,  2020–2023 (USD MILLION)   105

TABLE 25           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COMPONENT,  2024–2029 (USD MILLION)   105

TABLE 26           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRIAL CONTROL SYSTEMS, 2020–2023 (USD MILLION)             106

TABLE 27           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRIAL CONTROL SYSTEMS, 2024–2029 (USD MILLION)             106

TABLE 28           INDUSTRIAL CONTROL SYSTEMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)              107

TABLE 29           INDUSTRIAL CONTROL SYSTEMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)              107

TABLE 30           SCADA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     108

TABLE 31           SCADA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     109

TABLE 32           SCADA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          109

TABLE 33           SCADA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          109

TABLE 34           DCS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     111

TABLE 35           DCS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     111

TABLE 36           DCS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          112

TABLE 37           DCS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          112

TABLE 38           PLC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     113

TABLE 39           PLC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     113

TABLE 40           PLC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          114

TABLE 41           PLC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          114

TABLE 42           INDUSTRIAL PC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2020–2023 (USD MILLION)        116

TABLE 43           INDUSTRIAL PC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        116

TABLE 44           INDUSTRIAL PC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2020–2023 (USD MILLION)  117

TABLE 45           INDUSTRIAL PC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2024–2029 (USD MILLION)  117

TABLE 46           HMI: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     118

TABLE 47           HMI: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     119

TABLE 48           HMI: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          119

TABLE 49           HMI: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          119

TABLE 50           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRIAL SOFTWARE, 2020–2023 (USD MILLION) 120

TABLE 51           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRIAL SOFTWARE, 2024–2029 (USD MILLION) 120

TABLE 52           INDUSTRIAL SOFTWARE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)           121

TABLE 53           INDUSTRIAL SOFTWARE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)           121

TABLE 54           MES: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     124

TABLE 55           MES: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     124

TABLE 56           MES: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          125

TABLE 57           MES: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          125

TABLE 58           PAM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     126

TABLE 59           PAM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     127

TABLE 60           PAM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          127

TABLE 61           PAM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          127

TABLE 62           WMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     129

TABLE 63           WMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     130

TABLE 64           WMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          130

TABLE 65           WMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          130

TABLE 66           MOM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     131

TABLE 67           MOM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     132

TABLE 68           MOM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          132

TABLE 69           MOM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          132

TABLE 70           ERP: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     133

TABLE 71           ERP: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     134

TABLE 72           ERP: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          134

TABLE 73           ERP: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          134

TABLE 74           QMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     135

TABLE 75           QMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     136

TABLE 76           QMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          136

TABLE 77           QMS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          136

TABLE 78           CNC CONTROLLER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2020–2023 (USD MILLION)  137

TABLE 79           CNC CONTROLLER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2024–2029 (USD MILLION)  137

TABLE 80           CNC CONTROLLER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2020–2023 (USD MILLION)        138

TABLE 81           CNC CONTROLLER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        138

TABLE 82           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRIAL ROBOTICS, 2020–2023 (USD MILLION)  140

TABLE 83           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRIAL ROBOTICS, 2024–2029 (USD MILLION)  140

TABLE 84           INDUSTRIAL ROBOTICS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)           141

TABLE 85           INDUSTRIAL ROBOTICS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)           141

TABLE 86           INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY PRODUCT TYPE, 2020–2023 (USD MILLION)              141

TABLE 87           INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY PRODUCT TYPE, 2024–2029 (USD MILLION)              142

TABLE 88           INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)              142

TABLE 89           INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)              142

TABLE 90           INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)           143

TABLE 91           INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)           143

TABLE 92           INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY PRODUCT TYPE, 2020–2023 (THOUSAND UNITS)              143

TABLE 93           INDUSTRIAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY PRODUCT TYPE, 2024–2029 (THOUSAND UNITS)              143

TABLE 94           TRADITIONAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY TYPE, 2020–2023 (THOUSAND UNITS)       145

TABLE 95           TRADITIONAL ROBOTS: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY TYPE, 2024–2029 (THOUSAND UNITS)       145

TABLE 96           ROBOT END EFFECTOR: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY, 2020–2023 (USD MILLION)              147

TABLE 97           ROBOT END EFFECTOR: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY, 2024–2029 (USD MILLION)              147

TABLE 98           ROBOT END EFFECTOR: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)           147

TABLE 99           ROBOT END EFFECTOR: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)           148

TABLE 100         INDUSTRIAL 3D PRINTING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          148

TABLE 101         INDUSTRIAL 3D PRINTING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          149

TABLE 102         INDUSTRIAL 3D PRINTING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)              149

TABLE 103         INDUSTRIAL 3D PRINTING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)              149

TABLE 104         PROCESS ANALYZER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)              156

TABLE 105         PROCESS ANALYZER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)              156

TABLE 106         PROCESS ANALYZER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)           156

TABLE 107         PROCESS ANALYZER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)           157

TABLE 108         FIELD INSTRUMENTATION: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          161

TABLE 109         FIELD INSTRUMENTATION: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          161

TABLE 110         FIELD INSTRUMENTATION: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)              162

TABLE 111         FIELD INSTRUMENTATION: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)              162

TABLE 112         FLOW METER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2020–2023 (USD MILLION)        167

TABLE 113         FLOW METER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        168

TABLE 114         FLOW METER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2020–2023 (USD MILLION)  168

TABLE 115         FLOW METER: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2024–2029 (USD MILLION)  168

TABLE 116         INDUSTRIAL COMMUNICATION: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          174

TABLE 117         INDUSTRIAL COMMUNICATION: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          174

TABLE 118         INDUSTRIAL COMMUNICATION: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)              175

TABLE 119         INDUSTRIAL COMMUNICATION: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)              175

TABLE 120         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRIAL MONITORING & SAFETY, 2020–2023 (USD MILLION)     176

TABLE 121         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY INDUSTRIAL MONITORING & SAFETY, 2024–2029 (USD MILLION)     176

TABLE 122         INDUSTRIAL MONITORING & SAFETY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)              176

TABLE 123         INDUSTRIAL MONITORING & SAFETY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)              177

TABLE 124         INDUSTRIAL SENSOR: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)              178

TABLE 125         INDUSTRIAL SENSOR: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)              178

TABLE 126         INDUSTRIAL SENSOR: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)           179

TABLE 127         INDUSTRIAL SENSOR: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)           179

TABLE 128         MACHINE CONDITION MONITORING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          180

TABLE 129         MACHINE CONDITION MONITORING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          181

TABLE 130         MACHINE CONDITION MONITORING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)              181

TABLE 131         MACHINE CONDITION MONITORING: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)              181

TABLE 132         MACHINE SAFETY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2020–2023 (USD MILLION)        183

TABLE 133         MACHINE SAFETY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        183

TABLE 134         MACHINE SAFETY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2020–2023 (USD MILLION)  184

TABLE 135         MACHINE SAFETY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2024–2029 (USD MILLION)  184

TABLE 136         SOLID STATE RELAY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2020–2023 (USD MILLION)        185

TABLE 137         SOLID STATE RELAY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        185

TABLE 138         SOLID STATE RELAY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2020–2023 (USD MILLION)  186

TABLE 139         SOLID STATE RELAY: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY REGION, 2024–2029 (USD MILLION)  186

TABLE 140         MACHINE VISION SYSTEM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          188

TABLE 141         MACHINE VISION SYSTEM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          188

TABLE 142         MACHINE VISION SYSTEM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)              188

TABLE 143         MACHINE VISION SYSTEM: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)              189

TABLE 144         PREDICTIVE MAINTENANCE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          190

TABLE 145         PREDICTIVE MAINTENANCE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          190

TABLE 146         PREDICTIVE MAINTENANCE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2020–2023 (USD MILLION)              191

TABLE 147         PREDICTIVE MAINTENANCE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY REGION, 2024–2029 (USD MILLION)              191

TABLE 148         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION)     194

TABLE 149         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)     195

TABLE 150         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,

2020–2023 (USD MILLION)          205

TABLE 151         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,

2024–2029 (USD MILLION)          205

TABLE 152         NORTH AMERICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)            208

TABLE 153         NORTH AMERICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            208

TABLE 154         NORTH AMERICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COMPONENT, 2020–2023 (USD MILLION)      209

TABLE 155         NORTH AMERICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COMPONENT, 2024–2029 (USD MILLION)      209

TABLE 156         EUROPE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)         214

TABLE 157         EUROPE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      214

TABLE 158         EUROPE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COMPONENT, 2020–2023 (USD MILLION)      215

TABLE 159         EUROPE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COMPONENT, 2024–2029 (USD MILLION)      215

TABLE 160         ASIA PACIFIC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COUNTRY,  2020–2023 (USD MILLION)         220

TABLE 161         ASIA PACIFIC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COUNTRY,  2024–2029 (USD MILLION)         220

TABLE 162         ASIA PACIFIC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COMPONENT, 2020–2023 (USD MILLION)      221

TABLE 163         ASIA PACIFIC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COMPONENT, 2024–2029 (USD MILLION)      221

TABLE 164         ROW: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2020–2023 (USD MILLION)          225

TABLE 165         ROW: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION,  2024–2029 (USD MILLION)          225

TABLE 166         ROW: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COMPONENT,  2020–2023 (USD MILLION) 225

TABLE 167         ROW: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COMPONENT,  2024–2029 (USD MILLION) 226

TABLE 168         MIDDLE EAST & AFRICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY COUNTRY, 2020–2023 (USD MILLION)       226

TABLE 169         MIDDLE EAST & AFRICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,  BY COUNTRY, 2024–2029 (USD MILLION)       227

TABLE 170         SOUTH AMERICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)            228

TABLE 171         SOUTH AMERICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            228

TABLE 172         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2024     230

TABLE 173         INDUSTRIAL ROBOTICS MARKET: DEGREE OF COMPETITION              233

TABLE 174         INDUSTRIAL SENSORS MARKET SHARE ANALYSIS, 2023 236

TABLE 175         PROCESS ANALYZER MARKET SHARE ANALYSIS, 2023    238

TABLE 176         INDUSTRIAL ROBOTICS MARKET: REGION FOOTPRINT              243

TABLE 177         INDUSTRIAL ROBOTICS MARKET: PAYLOAD FOOTPRINT              243

TABLE 178         INDUSTRIAL ROBOTICS MARKET: ROBOT TYPE FOOTPRINT              244

TABLE 179         INDUSTRIAL ROBOTICS MARKET: END-USE INDUSTRY FOOTPRINT      245

TABLE 180         INDUSTRIAL ROBOTICS MARKET: DETAILED LIST OF KEY STARTUPS/SMES           247

TABLE 181         INDUSTRIAL ROBOTICS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (1/2)            248

TABLE 182         INDUSTRIAL ROBOTICS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (2/2)            249

TABLE 183         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: PRODUCT LAUNCHES, JANUARY 2021−AUGUST 2024    250

TABLE 184         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: DEALS, JANUARY 2021−AUGUST 2024   255

TABLE 185         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: EXPANSIONS, JANUARY 2021−AUGUST 2024      261

TABLE 186         SCHNEIDER ELECTRIC: COMPANY OVERVIEW  263

TABLE 187         SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          264

TABLE 188         SCHNEIDER ELECTRIC: PRODUCT LAUNCHES  266

TABLE 189         SCHNEIDER ELECTRIC: DEALS 266

TABLE 190         SCHNEIDER ELECTRIC: EXPANSIONS    267

TABLE 191         HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW              269

TABLE 192         HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   270

TABLE 193         HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES              271

TABLE 194         HONEYWELL INTERNATIONAL INC.: DEALS      272

TABLE 195         ABB: COMPANY OVERVIEW       274

TABLE 196         ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED        275

TABLE 197         ABB: PRODUCT LAUNCHES       276

TABLE 198         ABB: DEALS      277

TABLE 199         ROCKWELL AUTOMATION: COMPANY OVERVIEW        279

TABLE 200         ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   280

TABLE 201         ROCKWELL AUTOMATION: PRODUCT LAUNCHES        281

TABLE 202         ROCKWELL AUTOMATION: DEALS        282

TABLE 203         SIEMENS: COMPANY OVERVIEW            284

TABLE 204         SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              285

TABLE 205         SIEMENS: PRODUCT LAUNCHES            286

TABLE 206         SIEMENS: DEALS            287

TABLE 207         EMERSON ELECTRIC CO.: COMPANY OVERVIEW            289

TABLE 208         EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          290

TABLE 209         EMERSON ELECTRIC CO.: PRODUCT LAUNCHES            291

TABLE 210         EMERSON ELECTRIC CO.: DEALS           292

TABLE 211         MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW              294

TABLE 212         MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   295

TABLE 213         MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES              296

TABLE 214         MITSUBISHI ELECTRIC CORPORATION: DEALS 296

TABLE 215         MITSUBISHI ELECTRIC CORPORATION: EXPANSIONS   297

TABLE 216         GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW 298

TABLE 217         GENERAL ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   299

TABLE 218         GENERAL ELECTRIC COMPANY: PRODUCT LAUNCHES 300

TABLE 219         GENERAL ELECTRIC COMPANY: DEALS 301

TABLE 220         GENERAL ELECTRIC COMPANY: EXPANSIONS  301

TABLE 221         YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW              302

TABLE 222         YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   303

TABLE 223         YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES              304

TABLE 224         YOKOGAWA ELECTRIC CORPORATION: DEALS 305

TABLE 225         OMRON CORPORATION: COMPANY OVERVIEW             307

TABLE 226         OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          308

TABLE 227         OMRON CORPORATION: PRODUCT LAUNCHES             309

TABLE 228         OMRON CORPORATION: DEALS             310

TABLE 229         ENDRESS+HAUSER GROUP SERVICES AG: COMPANY OVERVIEW        311

TABLE 230         ENDRESS+HAUSER GROUP SERVICES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED   312

TABLE 231         ENDRESS+HAUSER GROUP SERVICES AG: PRODUCT LAUNCHES       313

TABLE 232         ENDRESS+HAUSER GROUP SERVICES AG: DEALS           314

TABLE 233         ENDRESS+HAUSER GROUP SERVICES AG: EXPANSIONS 314

TABLE 234         FANUC CORPORATION: COMPANY OVERVIEW 315

TABLE 235         FANUC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          316

TABLE 236         FANUC CORPORATION: PRODUCT LAUNCHES 317

TABLE 237         FANUC CORPORATION: EXPANSIONS   317

TABLE 238         WIKA ALEXANDER WIEGAND SE & CO. KG: COMPANY OVERVIEW        318

TABLE 239         DWYER INSTRUMENTS, LLC: COMPANY OVERVIEW      319

TABLE 240         STRATASYS: COMPANY OVERVIEW        319

TABLE 241         3D SYSTEMS: COMPANY OVERVIEW      320

TABLE 242         FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW            320

TABLE 243         HITACHI LTD.: COMPANY OVERVIEW   321

TABLE 244         KROHNE: COMPANY OVERVIEW            322

TABLE 245         AZBIL CORPORATION: COMPANY OVERVIEW   323

TABLE 246         VEGA: COMPANY OVERVIEW    324

TABLE 247         TRIDITIVE: COMPANY OVERVIEW         324

TABLE 248         ULTIMAKER: COMPANY OVERVIEW      325

TABLE 249         ROBOZE: COMPANY OVERVIEW             325

TABLE 250         SOFTGRIPPING: COMPANY OVERVIEW 326

TABLE 251         ZIVID: COMPANY OVERVIEW    326

TABLE 252         TEGAN INNOVATIONS: COMPANY OVERVIEW  327

TABLE 253         NANO DIMENSION: COMPANY OVERVIEW         327

TABLE 254         ONROBOT A/S: COMPANY OVERVIEW  328

TABLE 255         INXPECT S.P.A: COMPANY OVERVIEW   328

LIST OF FIGURES

FIGURE 1           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: RESEARCH DESIGN       37

FIGURE 2           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       43

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       44

FIGURE 4           INDUSTRIAL ROBOTS MARKET SIZE ESTIMATION METHODOLOGY  (SUPPLY SIDE)         45

FIGURE 5           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: DATA TRIANGULATION             46

FIGURE 6           INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: RESEARCH ASSUMPTIONS         47

FIGURE 7           INDUSTRIAL MONITORING & SAFETY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BETWEEN 2024 AND 2029            50

FIGURE 8           AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 51

FIGURE 9           ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD              52

FIGURE 10         GROWING EMPHASIS ON INDUSTRIAL AUTOMATION AND OPTIMUM UTILIZATION OF RESOURCES TO DRIVE MARKET GROWTH 53

FIGURE 11         INDUSTRIAL MONITORING & SAFETY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD      54

FIGURE 12         AUTOMOTIVE TO BE LARGEST END USER OF INDUSTRIAL CONTROL & FACTORY AUTOMATION  55

FIGURE 13         ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL CONTROL & FACTORY AUTOMATION       56

FIGURE 14         INDIA TO REGISTER HIGHEST CAGR IN INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET DURING FORECAST PERIOD              56

FIGURE 15         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET:  DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    57

FIGURE 16         DRIVERS FOR INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET  AND THEIR IMPACT  60

FIGURE 17         RESTRAINTS FOR INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET  AND THEIR IMPACT  62

FIGURE 18         OPPORTUNITIES FOR INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET AND THEIR IMPACT    64

FIGURE 19         CHALLENGES FOR INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET AND THEIR IMPACT    66

FIGURE 20         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: VALUE CHAIN ANALYSIS            67

FIGURE 21         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: ECOSYSTEM ANALYSIS 68

FIGURE 22         FUNDS AUTHORIZED BY VARIOUS KEY INDUSTRIAL ROBOTICS PLAYERS     70

FIGURE 23         INDICATIVE PRICING OF INDUSTRIAL ROBOTS OFFERED BY KEY PLAYERS,

BY ROBOT TYPE            71

FIGURE 24         AVERAGE SELLING PRICE TREND OF TRADITIONAL INDUSTRIAL ROBOTS,  BY TYPE, 2020–2023      72

FIGURE 25         AVERAGE SELLING PRICE TREND OF ARTICULATED ROBOTS, BY REGION,

2020–2023          73

FIGURE 26         AVERAGE SELLING PRICE TREND OF DIGITAL TEMPERATURE SENSORS OFFERED BY MAJOR PLAYERS             74

FIGURE 27         AVERAGE SELLING PRICE TREND OF INDUSTRIAL SENSORS, 2020–2029          74

FIGURE 28         AVERAGE SELLING PRICE TREND OF INDUSTRIAL TEMPERATURE SENSORS,

BY REGION, 2020–2029  75

FIGURE 29         AVERAGE SELLING PRICES OF KEY PLAYERS, BY TYPE  75

FIGURE 30         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS              77

FIGURE 31         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS         78

FIGURE 32         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES        80

FIGURE 33         KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              81

FIGURE 34         IMPORT DATA FOR INDUSTRIAL ROBOTS, 2019–2023 (USD MILLION)          88

FIGURE 35         EXPORT DATA FOR INDUSTRIAL ROBOTS, 2019–2023 (USD MILLION)          89

FIGURE 36         PATENT APPLIED AND GRANTED, 2014−2023   90

FIGURE 37         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET: AI USE CASE      102

FIGURE 38         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY COMPONENT           104

FIGURE 39         INDUSTRIAL CONTROL SYSTEMS          106

FIGURE 40         TYPES OF INDUSTRIAL SOFTWARE       120

FIGURE 41         INDUSTRIAL ROBOTICS             140

FIGURE 42         TYPES OF PROCESS ANALYZER 150

FIGURE 43         FIELD INSTRUMENTATION       157

FIGURE 44         TYPES OF FLOW METER             162

FIGURE 45         INDUSTRIAL COMMUNICATION            169

FIGURE 46         INDUSTRIAL MONITORING & SAFETY   175

FIGURE 47         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY END-USE INDUSTRY 193

FIGURE 48         AEROSPACE INDUSTRY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       194

FIGURE 49         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET, BY REGION        204

FIGURE 50         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       204

FIGURE 51         NORTH AMERICA: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET SNAPSHOT      207

FIGURE 52         US TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET 208

FIGURE 53         EUROPE: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET SNAPSHOT     213

FIGURE 54         GERMANY TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET    214

FIGURE 55         ASIA PACIFIC: INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET SNAPSHOT      219

FIGURE 56         CHINA TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET 220

FIGURE 57         INDUSTRIAL CONTROL & FACTORY AUTOMATION MARKET IN ROW 224

FIGURE 58         MARKET SHARE ANALYSIS, 2023 (INDUSTRIAL ROBOTICS)              233

FIGURE 59         REVENUE ANALYSIS OF KEY PLAYERS IN INDUSTRIAL ROBOTICS MARKET      234

FIGURE 60         INDUSTRIAL SENSORS MARKET SHARE ANALYSIS, 2023 236

FIGURE 61         PROCESS ANALYZER MARKET SHARE ANALYSIS, 2023    237

FIGURE 62         COMPANY VALUATION, 2024    238

FIGURE 63         FINANCIAL METRICS, 2024 (EV/EBITDA)            239

FIGURE 64         BRAND/PRODUCT COMPARISON          239

FIGURE 65         INDUSTRIAL ROBOTICS MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     241

FIGURE 66         INDUSTRIAL ROBOTICS MARKET: COMPANY FOOTPRINT              242

FIGURE 67         INDUSTRIAL ROBOTICS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023           247

FIGURE 68         SCHNEIDER ELECTRIC: COMPANY SNAPSHOT  264

FIGURE 69         HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT              270

FIGURE 70         ABB: COMPANY SNAPSHOT       275

FIGURE 71         ROCKWELL AUTOMATION: COMPANY SNAPSHOT        280

FIGURE 72         SIEMENS: COMPANY SNAPSHOT            285

FIGURE 73         EMERSON ELECTRIC CO.: COMPANY SNAPSHOT            290

FIGURE 74         MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT              295

FIGURE 75         GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 299

FIGURE 76         YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT              303

FIGURE 77         OMRON CORPORATION: COMPANY SNAPSHOT             308

FIGURE 78         ENDRESS+HAUSER GROUP SERVICES AG: COMPANY SNAPSHOT        312

FIGURE 79         FANUC CORPORATION: COMPANY SNAPSHOT 316