Machine automation Market size was valued at US$ 33.54 Bn. in 2021 and the total revenue is expected to grow at 4.3% through 2022 to 2029, reaching nearly US$ 45.05 Bn.
Machine Automation Controller Market Overview:A machine automation controller is a piece of technology that uses a graphical user interface to operate an automation system with the least amount of human interaction possible. This technology can deliver intricate, high-level instructions to operate numerous pieces of machinery, including factory processes, boiler temperature control, switching on telephone networks, stabilization of chips and many more. This automation market is divided into three main types, Distribution control system (DSC), Programmable logic controller (PLC), and Industrial pc (IPC). To know about the Research Methodology:-Request Free Sample Report
Impact of COVID-19 on Machine Automation Controller MarketThere is a major impact of COVID 19 on machine automation controller market growth it controls manufacturing production activity because of lockdown and supply chain description. Lower production has reduced investment. Global machine automation controller growth has become questionable as a result of the COVID-19 epidemic. Manufacturing production activities, particularly for electronic vehicle gadgets, have drastically decreased as a result of previously unheard-of stringent preventative and control methods. The possibility of operational operations ceasing will contribute to a decline in external demand and impede the regaining of market share for machine automation controllers. A lack of raw resources results in higher operating costs, which further reduce profit. The Associated Press reported in March 2020 that China's industry output had decreased by 13.5% in February following its required 2-week quarantine. Long-term survival of large organizations depends on their ability to be flexible, nimble, and able to oversee the plants by deploying workers from any location. The machine automation controller sector is not in a position to invest further funds for the installation of improved automation systems due to a loss of revenue. In order to combat the short-term collapse in consumer and material demand caused by a lack of capital investment, significant industrial enterprises have reduced capital expenditure for 2020. As a result, manufacturing will proceed using the same antiquated system. China's purchasing manager's index, which measures the pulse of manufacturing activity during a downturn, showed a recession low of 52 in March 2020 from 35.7. The push to automate has occasionally been put on hold due to the virus outbreak when workers were laid off to reduce fixed costs and losses.
Machine automation controller Market Dynamics:The Growing use Of Energy and Power Industries is expected to drive the growth of the Market The demand for energy and power would rise over the anticipated period due to rising urbanization and population, which is why, according to worldwide power sector investments during the anticipated period, they hold the greatest market share. Worldwide, 50% of energy is invested in the power sector. Improving the transmission and distribution lines for the power plant. Machine Automation Controller Market Trades: One of the key trends in the market for machine automation controllers is the growing organisation of the product in the automotive sector as a result of the rising sales of electric vehicles. Additionally, it is projected that in the upcoming years, this business would benefit from the increasing adoption of artificial intelligence (AI) and the internet of things (IoT). Additionally, it is predicted that the market would rise during the forecast period as a result of technical improvements and expanding R&D efforts in specific industries like aerospace and defence, semiconductors, and electronics. Additionally, it is projected that the rising cost of labour would drive up demand for machine automation controllers during the projection period. Recent Trades Involve Machine Automation Controllers which Could Furnish the Market Growth Schneider Electric introduced the new Modicon M262 controller for logic and motion applications in India in January 2020, offering scalable, dependable machine integration into the Internet 4.0 environment, machine to device, machine to human, machine to machine, machine to plant, and machine to directly cloud. It incorporates cyber security and encryption protocols to provide direct cloud connectivity and digital services via two independent Ethernet ports. This controller meets the needs of logic applications by embedding all requested features such as Motion Bus, encoders, and touch probes, and it complies with the most recent safety regulations up to SIL3 by providing cryptic embedded communication, network separation, Achilles certification, and other cyber security features. Adopting advanced machine automation control necessitates a significant capital investment, which may be out of reach for some small businesses. Furthermore, machine automation controllers are composed of multiple components, resulting in a system failure that is difficult to detect and increases downtime. This may slow the growth of the machine automation controller market. Furthermore, factors such as high safety and high maintenance costs will stymie market growth.
Machine Automation Controller Market Segment Analysis:By type: At the end of the forecast period, the machine automation controller segment is expected to dominate the market. A distributional control system (DCS) is a specially designed automated control system that provides geographically distributed control over a plant. During the forecast period, the increasing use of smart devices and manufacturing industries will improve control reliability, process quality, and plant efficiency. This system is also useful in chemical plants, oil and gas industries, food processing industries, nuclear power plants, and automobile manufacturing, among other places. By Industries: Aerospace & Defense, Automotive, Medical Devices, Semiconductor & Electronics, Energy & Power, Oil & Gas, Food & Beverages, Metals & Mining, and others are the different industries. Energy and electricity segment are anticipated to account for a significant share of the Machine Automation Controller Market during the forecast period. Grids are being updated, and outdated equipment is being replaced with new systems like automated substations, smart meters, and smart grids as a result of increasing energy demands and a growing worldwide population. As automated and intelligent technologies for power distribution become more widely used, the market for machine automation controllers is anticipated to expand. The automotive and food and beverage industries are anticipated to have increasing growth as a result of the rising use of these controllers for automation around the world. The machine automation controller market is anticipated to expand significantly in the automotive and food and beverage sectors due to the rising use of these controllers for automation around the world. Because of the increase in demand for consumer electronics products around the world, the machine automation controller market will develop over the projected period thanks to the significant growth of the food and beverage, cosmetics, and semiconductor industries.
Machine Automation Controller Market Region Insights:Due to the rapidly rising demand for consumer electronics products as well as increased productivity across numerous industries, the North American market will have the greatest shear in the global market in 2021. Technology advancements and an increase in the use of robots in manufacturing facilities are other growth-promoting factors in North America. Over the course of the forecast period, the Asia Pacific market's revenue is anticipated to grow at a quick CAGR and represent a 24.4 % revenue share of the global market. One important element driving market growth in this region is the expanding number of manufacturing facilities across numerous industries, including automotive, chemicals, semiconductors & electronics, and food & beverages. Due to the increased use of industrial automation across a variety of industries, the rising demand for energy, and the need to meet industrial power requirements, Europe is predicted to experience considerable consistent revenue growth over the projection period. Over the forecast period, the market in the Middle East and Africa is anticipated to rise moderately. The objective of the report is to present a comprehensive analysis of the machine automation controller market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the machine automation controller market dynamics, and structure by analyzing the market segments and projecting the machine automation controller market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the machine automation controller make the report investor’s guide.
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Global Machine Automation Controller Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 33.54 Bn. Forecast Period 2022 to 2029 CAGR: 4.3% Market Size in 2029: US $ 45.05 Bn. Segments Covered: by Type • Distributed control system • Programmable logical controller • Industrial pc by Industry • Food and beverages • Automotive • Pharmaceutical • Packaging • Media and telecommunication • Chemicals • Others
Machine Automation Controller Market, by Region• North America • Europe • Asia Pacific • Middle East and Africa • South America
Machine Automation Controller Market Key Players• Abb Group • Siemens Ag • Emerson Electric Co • Schneider Electric Se • Rockwell Automation Inc • Parker Hannifin Corporation • Stmicroelectronics • Mks Instruments Inc. • Motion Control Corporation • Estun Automation Co. Ltd • Amtek.Inc. • Powertec Industrial Motors Inc. • Dover Motion • Omron Corporation • Delta Electronics Frequently Asked Questions: 1. What is the forecast period considered for the Machine Automation Controller Market report? Ans. The forecast period for the machine automation controller market is 2021-2029. 2. What is upcoming trades in Machine Automation Controller Market Ans. Application of Artificial intelligence (AL) , (IOT) this technologies are upcoming trades in market . 3. What is the compound annual growth rate (CAGR) of the Machine Automation Controller Market for the forecast period? Ans. 4.3% rate of machine automation controller market for forecast period 4. What are the key factors driving the growth of the Machine Automation Controller Market? Ans. The Growing use Of Energy and Power Industries Will Be Driving the Growth of the Market 5. Which are the worldwide major key players covered for the Machine Automation Controller market report? Ans. Abb GroupSiemens Ag,Emerson Electric Co, Schneider Electric Se,Rockwell Automation this are key players
1. Machine Automation Controller Market: Research Methodology 2. Machine Automation Controller Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Machine Automation Controller Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Machine Automation Controller Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Machine Automation Controller Market Segmentation 4.1. Machine Automation Controller Market, by type (2021-2029) • Distributed control system • Programmable logical controller • Industrial pc 4.2. Machine Automation Controller Market by Industry (2021-2029) • Healthcare • BFSI • Consumer Goods and Retail • Government and Defense • Manufacturing • ITES • Others 5. North America Machine Automation Controller Market(2021-2029) 5.1 North American Machine Automation Controller Market, By Product (2021-2029) • Software • Physical Appliances • Services 5.2 North America Machine Automation Controller Market, By Application (2021-2029) • Food and beverages • Automotive • Pharmaceutical • Packaging • Media and telecommunication • Chemicals 6. European Machine Automation Controller Market Market (2021-2029) 6.1. European Machine Automation Controller Market, By Type (2021-2029) 6.2. European Machine Automation Controller Market, By Industry (2021-2029) 6.3 European Machine Automation Controller Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Machine Automation Controller Market (2021-2029) 7.1. Asia Pacific Machine Automation Controller Market, By Type (2021-2029) 7.2. Asia Pacific Machine Automation Controller Market, By Industry (2021-2029) 7.3. Asia Pacific Machine Automation Controller Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Machine Automation Controller Market (2021-2029) 8.1. Middle East and Africa Machine Automation Controller Market, By type (2021-2029) 8.2. Middle East and Africa Machine Automation Controller Market, By Industry (2021-2029) 8.3. Middle East and Africa Machine Automation Controller Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Machine Automation Controller Market (2021-2029) 9.1. South America Machine Automation Controller Market, By Product (2021-2029) 9.2. South America Machine Automation Controller Market, By Application (2021-2029) 9.3 South America Machine Automation Controller Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Abb Group. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Siemens Ag 10.3 Emerson Electric Co 10.4 Schneider Electric Se 10.5 Rockwell Automation Inc. 10.6 Parker Hannifin Corporation 10.7 Stmicroelectronics 10.8 Mks Instruments Inc. 10.9 Motion Control Corporation 10.10 Estun Automation Co. Ltd 10.11 Amtek.Inc. 10.12 Powertec Industrial Motors Inc. 10.13 Dover Motion 10.14 Omron Corporation. 10.15 Delta Electronics