0

Industrial Automation Market in Life Sciences Industry by Product, Deployment, and Geography - Forecast and Analysis 2023-2027

  • Published: Nov 2022
  • Pages: 179
  • SKU: IRTNTR40901
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The industrial automation market in life sciences industry market is estimated to grow at a CAGR of 10.31% between 2022 and 2027. The size of the market is forecast to increase by USD 4,127.65 million. The growth of the market depends on serval factors, including Growing global demand for healthcare services, improved data security, and improved quality of products and services in life sciences. 

This report extensively covers market segmentation by product (dcsa, scadaa, plca, and mes), deployment (onsite and decentralized), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Industrial Automation Market in Life Sciences Industry Market During the Forecast Period?

Industrial Automation Market in Life Sciences Industry Market Size

To learn more about this report, Download Report Sample

Parent Market Analysis

The reports categorize the global industrial automation market in life sciences industry market as a part of the global electrical components and equipment market. The parent, the global industrial machinery market, covers companies engaged in manufacturing industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Industrial Automation Market In Life Sciences Industry Market: Key Drivers, Trends, Challenges, and Customer Landscape

Growing global demand for healthcare services is notably driving the market growth, although factors such as infrastructural and integration issues may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Industrial Automation Market In Life Sciences Industry Market Driver 

Growing global demand for healthcare services is notably driving the industrial automation market growth. An increase in the number of people will likely access and adopt modern healthcare services globally during the forecast period, spurred by the twin-pronged effects of a rise in the aging population and disposable income. Further, with a growth in the growing issue of chronic diseases, people in need of medical assistance is increasing, and their numbers are expected to rise going forward. With demographics changing drastically, the entire infrastructure of the current life sciences industry is expected to come under extreme pressure, as the volume of care services and personnel required to cater to the growth in patient numbers will shoot up dramatically. Amid such a backdrop, industrial automation is foreseen as a must-have factor from the perspective of enhancing strategic business performance in the industry.

The industry will find it extremely difficult to effectively service the high patient influx expected during the forecast period with its current staffing volumes. Besides the high costs involved in manually catering to such huge patient numbers, the entire life sciences industry is anticipated to witness an acute shortage of skilled personnel. Industrial automation is expected to augment and complement industry personnel, thereby repositioning the capacity and scalability variables of the life sciences industry. Therefore, the growing demand for healthcare services will lead to increased adoption of industrial automation across all life sciences industry verticals in a concerted endeavor to reduce human effort, achieve operational efficiencies, and improve overall service quality.

Key Industrial Automation Market In Life Sciences Industry Market Trend

Open process automation is the primary trend in the industrial automation market in life sciences industry market. The Open Process Automation (OPA) vision from the Open Process Automation Forum is expected to gain more traction during the forecast period. This forum is one of the platforms through which key industry stakeholders are making concerted efforts to resolve the issue of interoperability in industrial automation.

ExxonMobil announced to work with Yokogawa Electric Corporation, an automation-based services company that delivers project execution capabilities for all automation-related aspects of a project. The company worked with Yokogawa Electric Corporation to be the open process automation (OPA) system integrator, which would be responsible for establishing the company's OPA testbed. It would help the company develop an integrated testbed platform to evaluate standards used in industrial fields, including the pharmaceutical sector. In the long run, the OPA vision is expected to lower the cost factors, given the highly modularized and reusable components with a high interoperability factor, and reduce the level of training required to operate such systems.

Key Industrial Automation Market In Life Sciences Industry Market Challenge

Infrastructural and integration issues are major challenges impeding the industrial automation market in life sciences industry market growth. Infrastructural and integration issues faced across processes in the industry are major challenges obstructing the growth of the market. High-speed and high-bandwidth Internet is required for the effective implementation of industrial automation, primarily for sending and accessing data across a cloud-based environment. Connectivity issues, power outages, and slow networks can cause system downtimes and hamper business productivity. These are major challenges in the effective implementation of industrial automation, especially in developing countries, as also among SMEs and startups.

Healthcare or pharmaceutical enterprises operating in an exceedingly heterogeneous environment using various proprietary tools and systems to handle and manage data can also face integration issues. This is because automation solutions and control technologies run on different configurations. End-users need to contend with interoperability issues when the interface fails to support the latest automation control systems. Moreover, any upgrades to industrial automation systems bring their own set of interoperability issues. As most of the systems used are legacy tools with data being generally stored in legacy formats, integration issues amplify when adopting industrial automation. Therefore, the implementation of industrial automation in the life sciences industry is hampered by various infrastructural and system integration issues.

Key Industrial Automation Market In Life Sciences Industry Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Industrial Automation Market in Life Sciences Industry Market Share by Geography

Global Industrial Automation Market in Life Sciences Industry Market Customer Landscape

 

Who are the Major Industrial Automation Market in Life Sciences Industry Market Vendors?                                     

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Mitsubishi Electric Corp. - The company operates under multiple segments including energy and electric systems, industrial automation systems, etc. with a high focus on industrial automation systems. The company under this segment offers products such as magnetic switches, no fuse circuit breakers, short circuit breakers, transformers for electricity distribution, time and power meters, and more. The company's key offerings include  industrial automation solutions such as EcoStruxure Plant.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • ABB Ltd.
  • Applied Materials Inc.
  • Aspen Technology Inc.
  • Azbil Corp.
  • Balluff GmbH
  • Danaher Corp.
  • Dassault Systemes SE
  • Emerson Electric Co.
  • Endress Hauser Group Services AG
  • Festo SE and Co. KG
  • Rockwell Automation Inc.
  • SAP SE
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corp.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Industrial Automation Market In Life Sciences Industry Market?

The market share growth by the DCSA segment will be significant during the forecast period. The primary factor prompting the increasing use of distributed control systems (DCS) for effective process control is the stringent regulations governing the life sciences industry. As the adoption of technology is growing in the global life sciences industry, especially in the pharmaceutical sector, the development and integration of new systems and API products call for the effective deployment of DCS.

Industrial Automation Market in Life Sciences Industry Market Size

Get a glance at the market contribution of various segments  Request a PDF Sample

The DCSA shows a gradual increase in the market share of USD 1,783.18 million in 2017 and continue to grow by 2021Further, the faults in the traditional systems lead to the demand being expected to grow for upgrades across legacy DCS as well as new capacity additions, and these factors are expected to propel the market forward during the forecast period. The entire DCS market is witnessing extensive product development, and this trend is expected to stimulate demand during the forecast period. In addition, the advent of open-source DCS software is expected to drive the demand for DCS in small- and medium-sized enterprises that may not be financially capable of maintaining proprietary DCS. Furthermore, key vendors are offering new services pertaining to DCS.

Which are the Key Regions for the Industrial Automation Market In Life Sciences Industry Market?

Industrial Automation Market in Life Sciences Industry Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

North America is projected to hold 39% share of the market in 2023. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

One of the most crucial factors for the growing adoption of industrial automation is the provision of premium services to the burgeoning aging population of North America. The rapidly increasing number of patients in the region is one of the prime drivers for the growing adoption of automation in a bid to de-stress the entire infrastructure of the life sciences industry. Further, consumers have started asking for sophisticated healthcare systems and solutions, given high household incomes and the growing need for better-quality services. This evolution in consumer demand is essentially encouraging the region's life sciences sector to implement automation with its aim to provide greater convenience and patient experience. 

The outbreak of COVID-19 in 2020 and 2021 pushed companies to innovate their work processes. Manufacturers across the region are adopting automation technologies such as robotic process automation, artificial intelligence, and machine learning and using them to cut costs during this economic turmoil and provide faster services to customers. As healthcare systems seek operating efficiency and quick value creation, they are embracing enterprise automation strategies to enhance productivity in the region. This will drive the growth of industrial automation in the life sciences industry market in the region during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by type, product, distribution channel, and region.

  • Product Outlook ( USD Million, 2017 - 2027)
    • DCSA
    • SCADAA
    • PLCA
    • MES
  • Deployment Outlook ( USD Million, 2017 - 2027)
    • Onsite
    • Decentralized
  • Region Outlook ( USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Chile
      • Argentina

Industrial Automation Market In Life Sciences Industry Market Scope

Report Coverage

Details

Page number

179

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 10.31%

Market growth 2023-2027

USD 4,127.65 million

Market structure

Fragmented

YoY growth (%)

8.23

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 39%

Key countries

US, China, Japan, Italy, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Applied Materials Inc., Aspen Technology Inc., Azbil Corp., Balluff GmbH, Danaher Corp., Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, Festo SE and Co. KG, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, Yokogawa Electric Corp., Honeywell International Inc., Johnson Controls International Plc, Mitsubishi Electric Corp., OMRON Corp., and Parker Hannifin Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Industrial Automation Market In Life Sciences Industry Market Report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the industrial automation market in life sciences industry market between 2023 and 2027
  • Precise estimation of the industrial automation market in life sciences industry market size and its contribution to the parent market. 
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the industry across North America, Europe, APAC, South America, and Middle East and Africa.
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors.
  • Comprehensive analysis of factors that will challenge the growth of the industrial automation market in life sciences industry market vendors.

 

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global Industrial Automation Market in Life Sciences Industry 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global Industrial Automation Market in Life Sciences Industry 2017 - 2021 ($ million)
    • 4.2 Geography Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Deployment Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 DCSA - Market size and forecast 2022-2027
      • Exhibit 34: Chart on DCSA - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on DCSA - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on DCSA - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on DCSA - Year-over-year growth 2022-2027 (%)
    • 6.4 SCADAA - Market size and forecast 2022-2027
      • Exhibit 38: Chart on SCADAA - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on SCADAA - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on SCADAA - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on SCADAA - Year-over-year growth 2022-2027 (%)
    • 6.5 PLCA - Market size and forecast 2022-2027
      • Exhibit 42: Chart on PLCA - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on PLCA - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on PLCA - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on PLCA - Year-over-year growth 2022-2027 (%)
    • 6.6 MES - Market size and forecast 2022-2027
      • Exhibit 46: Chart on MES - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on MES - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on MES - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on MES - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Product
      • Exhibit 50: Market opportunity by Product ($ million)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 51: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 52: Data Table on Deployment - Market share 2022-2027 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 53: Chart on Comparison by Deployment
      • Exhibit 54: Data Table on Comparison by Deployment
    • 7.3 Onsite - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Onsite - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Onsite - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Onsite - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Onsite - Year-over-year growth 2022-2027 (%)
    • 7.4 Decentralised - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Decentralised - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Decentralised - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Decentralised - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Decentralised - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 63: Market opportunity by Deployment ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Italy - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Italy - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Italy - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 116: ABB Ltd. - Overview
              • Exhibit 117: ABB Ltd. - Business segments
              • Exhibit 118: ABB Ltd. - Key offerings
              • Exhibit 119: ABB Ltd. - Segment focus
            • 12.4 Applied Materials Inc.
              • Exhibit 120: Applied Materials Inc. - Overview
              • Exhibit 121: Applied Materials Inc. - Business segments
              • Exhibit 122: Applied Materials Inc. - Key news
              • Exhibit 123: Applied Materials Inc. - Key offerings
              • Exhibit 124: Applied Materials Inc. - Segment focus
            • 12.5 Aspen Technology Inc.
              • Exhibit 125: Aspen Technology Inc. - Overview
              • Exhibit 126: Aspen Technology Inc. - Business segments
              • Exhibit 127: Aspen Technology Inc. - Key offerings
              • Exhibit 128: Aspen Technology Inc. - Segment focus
            • 12.6 Azbil Corp.
              • Exhibit 129: Azbil Corp. - Overview
              • Exhibit 130: Azbil Corp. - Business segments
              • Exhibit 131: Azbil Corp. - Key news
              • Exhibit 132: Azbil Corp. - Key offerings
              • Exhibit 133: Azbil Corp. - Segment focus
            • 12.7 Balluff GmbH
              • Exhibit 134: Balluff GmbH - Overview
              • Exhibit 135: Balluff GmbH - Product / Service
              • Exhibit 136: Balluff GmbH - Key offerings
            • 12.8 Danaher Corp.
              • Exhibit 137: Danaher Corp. - Overview
              • Exhibit 138: Danaher Corp. - Business segments
              • Exhibit 139: Danaher Corp. - Key news
              • Exhibit 140: Danaher Corp. - Key offerings
              • Exhibit 141: Danaher Corp. - Segment focus
            • 12.9 Emerson Electric Co.
              • Exhibit 142: Emerson Electric Co. - Overview
              • Exhibit 143: Emerson Electric Co. - Business segments
              • Exhibit 144: Emerson Electric Co. - Key news
              • Exhibit 145: Emerson Electric Co. - Key offerings
              • Exhibit 146: Emerson Electric Co. - Segment focus
            • 12.10 Honeywell International Inc.
              • Exhibit 147: Honeywell International Inc. - Overview
              • Exhibit 148: Honeywell International Inc. - Business segments
              • Exhibit 149: Honeywell International Inc. - Key news
              • Exhibit 150: Honeywell International Inc. - Key offerings
              • Exhibit 151: Honeywell International Inc. - Segment focus
            • 12.11 Mitsubishi Electric Corp.
              • Exhibit 152: Mitsubishi Electric Corp. - Overview
              • Exhibit 153: Mitsubishi Electric Corp. - Business segments
              • Exhibit 154: Mitsubishi Electric Corp. - Key news
              • Exhibit 155: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 156: Mitsubishi Electric Corp. - Segment focus
            • 12.12 OMRON Corp.
              • Exhibit 157: OMRON Corp. - Overview
              • Exhibit 158: OMRON Corp. - Business segments
              • Exhibit 159: OMRON Corp. - Key news
              • Exhibit 160: OMRON Corp. - Key offerings
              • Exhibit 161: OMRON Corp. - Segment focus
            • 12.13 Parker Hannifin Corp.
              • Exhibit 162: Parker Hannifin Corp. - Overview
              • Exhibit 163: Parker Hannifin Corp. - Business segments
              • Exhibit 164: Parker Hannifin Corp. - Key news
              • Exhibit 165: Parker Hannifin Corp. - Key offerings
              • Exhibit 166: Parker Hannifin Corp. - Segment focus
            • 12.14 Rockwell Automation Inc.
              • Exhibit 167: Rockwell Automation Inc. - Overview
              • Exhibit 168: Rockwell Automation Inc. - Business segments
              • Exhibit 169: Rockwell Automation Inc. - Key news
              • Exhibit 170: Rockwell Automation Inc. - Key offerings
              • Exhibit 171: Rockwell Automation Inc. - Segment focus
            • 12.15 Schneider Electric SE
              • Exhibit 172: Schneider Electric SE - Overview
              • Exhibit 173: Schneider Electric SE - Business segments
              • Exhibit 174: Schneider Electric SE - Key news
              • Exhibit 175: Schneider Electric SE - Key offerings
              • Exhibit 176: Schneider Electric SE - Segment focus
            • 12.16 Siemens AG
              • Exhibit 177: Siemens AG - Overview
              • Exhibit 178: Siemens AG - Business segments
              • Exhibit 179: Siemens AG - Key news
              • Exhibit 180: Siemens AG - Key offerings
              • Exhibit 181: Siemens AG - Segment focus
            • 12.17 Yokogawa Electric Corp.
              • Exhibit 182: Yokogawa Electric Corp. - Overview
              • Exhibit 183: Yokogawa Electric Corp. - Business segments
              • Exhibit 184: Yokogawa Electric Corp. - Key offerings
              • Exhibit 185: Yokogawa Electric Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 186: Inclusions checklist
                • Exhibit 187: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 188: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 189: Research methodology
                • Exhibit 190: Validation techniques employed for market sizing
                • Exhibit 191: Information sources
              • 13.5 List of abbreviations
                • Exhibit 192: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your sample now!
              Industrial Automation Market in Life Sciences Industry market growth will increase by $4127.65 million during 2023-2027.
              The industrial automation market in life sciences industry market is expected to grow at a CAGR of 10.31% during 2023-2027.
              Technavio has segmented the industrial automation market in life sciences industry market by product (DCSA, SCADAA, PLCA, and MES) ,deployment (Onsite, Decentralised, APAC, South America, and MEA) , and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              ABB Ltd., Applied Materials Inc., Aspen Technology Inc., Azbil Corp., Balluff GmbH, Danaher Corp., Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, Festo SE and Co. KG, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, Yokogawa Electric Corp., Honeywell International Inc., Johnson Controls International Plc, Mitsubishi Electric Corp., OMRON Corp., Parker Hannifin Corp. are a few of the key vendors in the industrial automation market in life sciences industry market.
              North America will register the highest growth rate of 38.87% among the other regions. Therefore, the industrial automation market in life sciences industry market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the industrial automation market in life sciences industry market growth are:
              • Growing global demand for healthcare services
              • Open process automation
              The industrial automation market in life sciences industry market vendors should focus on grabbing business opportunities from the dcsa segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis

              Certified ISO 9001 : 2015

              We are ISO recognized

              We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

              We are GDPR and CCPA compliant

              We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

              Safe and Secure SSL Encrypted
              Technavio

              info
              close
              • Single:

                One user only.
                Quick & easy download option

              • Enterprise:

                Unlimited user access (Within your organization)
                Complimentary Customization Included

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Customized Report as per your Business Needs

              • Our analysts will work directly with you and understand your needs
              • Get data on specified regions or segments, competitor and Vendors
              • Data will be formatted and presented as per your requirements
              • We offer $1000 worth of FREE customization at the time of purchase

              Let us help you make report more suited to your requirements.

              • Get a competitive breakdown as per your niche industry
              • Customize the data with various metrics that meet your business prerequisite
              • Understand Revenue Sources, Customers and many more
              • Details on Market Share
              • These customizations are done in a short amount of time by our analysts and industry experts
              Technavio
              Enquire Before Buying
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>