Industrial Automation Market by Product, End-user and Geography- Forecast and Analysis 2023-2027

Published: Apr 2023 Pages: 182 SKU: IRTNTR70712

Industrial Automation Market Analysis 2023-2027 

The Industrial Automation Market size is estimated to grow at a CAGR of 8.16% between 2022 and 2027 and the size of the market is forecast to increase by USD 83.68 billion. The growth of the market depends on several factors such as changing market dynamics,need for simplification of complex manufacturing activities and growing focus on smart factories.

This report extensively covers market segmentation by product (SCDA, PLC, DCS, drives, and sensors), end-user (process industry and discrete industry), and geography (APAC, North America, Europe, 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 During the Forecast Period?

Industrial Automation Market Forecast 2023-2027

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Industrial Automation Market Dynamic

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Driver-Changing market dynamics is a major driving factor for the growth of the industrial automation market during the forecast period

 The manufacturers are slowly witnessing the brunt of excessive demand fluctuation and rising overall operational expenditure (OPEX) as the market dynamics in some of the leading process and discrete industries are changing significantly.

For Instance, factors such as the fluctuating prices of oil and gas and metal in the global market, the Russia-Ukraine war, a slowdown in the global automotive industry, and a shortage of skilled workforce have directly affected the overall OPEX and profitability of manufacturing companies. This sudden and unprecedented shift in market dynamics can significantly impact manufacturing processes unless manufacturers adopt effective safety mechanisms against such critical risks. Thus, such factors can drive the growth of the industrial automation market during the forecast period.

Trends-Value chain integration by automation solution providers is the primary trend in the global industrial automation market growth.

 In 2019,  the automation software segment witnessed faster growth than the automation hardware segment in the global industrial automation market.

The declining dependence on hardware and the wide acceptance of software applications has increased the demand for automation software. Thus, to scale up their market reach, OEMs of automation software and industrial control systems are trying to acquire system integrators. On the other hand, some vendors are focusing on single automation products, such as digitalization, to capitalize on the rising demand for IIoT.Thus this trend is expected to have a high impact on the growth of the industrial automation market during the forecast period.

Challenge-Technical challenges are a major challenge to the growth of the industrial automation market.

Due to the advancement of IIoT, also referred to as Industry 4.0 in the automation context, design challenges at the control level have increased significantly. Even though IIoT provides a range of benefits such as real-time communication and reliability, increasing the overall efficiency of industrial automation and smart maintenance distributed intelligence systems for manufacturing and factory automation, it comes with certain challenges as well.

Due to the increasing adoption of IoT-enabled devices, manufacturers and system integrators are facing design challenges in factory automation. Although different levels in Industry 4.0 have their set of design challenges, the challenges related to control-level designing are extremely complex. Thus the above factors can impede the growth of the industrial automation market during the forecast period.

Industrial Automation Market Segmentation by Product, End-user and Geography

Product Segment Analysis: 

The SCDA segment will account for a major share of the market's growth during the forecast period.One of the key functions of the SCADA include monitoring and gathering real-time data; interacting with devices such as sensors, pumps, valves, and other monitoring devices; and recording the events in a log file. As the manufacturing activities in the process and discrete industries include the use of diverse field instruments such as valves, drives, relays, switches, and sensors and are scattered across different locations in a manufacturing plant, it is important to analyze the data generated by these devices to gain real-time insights for data-driven decision-making to streamline the entire plant process. 

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The SCDA segment was valued at USD 34.68 billion in 2017 and continued to grow until 2021. Thus SCDA systems provide easy access to real-time data and enhance the data-driven decision-making capabilities of plant operators, businesses,or governments. Also, the increasing need to control, monitor, and visualize the entire process, specifically to optimize the cost and achieve operational efficiency, is a factor for the growth of SCDA systems in process and discrete industries. Hence, this can significantly increase the growth of this segment and thereby fuel the growth of the industrial automation market during the forecast period. 

End-user Segment Analysis:

Based on end-user, the market has been segmented into the process industry and the discrete industry. Process industries mainly include the oil and gas, power, pulp and paper, water and wastewater, chemical and petrochemical, mining and metal, pharmaceutical, and food and beverage industries. Due to the increasing use of SCADA, PLC, DCS, and drives in major process industries, such as oil and gas, chemical and petrochemical, and power, the process industry segment holds a dominant share in the global industrial automation market. One of the key reasons for the growth of automation software demand in the oil and gas industry is the need for remote monitoring for the discovery of a great number of deep-water oil and gas fields. Therefore, this can significantly increase the growth of this segment and thereby fuel the growth of the industrial automation market during the forecast period. 

Regional Analysis

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APAC is estimated to contribute 42% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  

The main contributors of the growth of the industrial automation market in APAC are countries such as China, Japan, India, Vietnam, South Korea, Malaysia, and Australia. Due to the strong industrial base and increasing investments in the power, water and wastewater treatment, and food and beverage industries, China, Japan, South Korea, and India are the largest markets for industrial automation. Factors such as the high demand for energy is resulting in the commencement of several oil and gas projects, demand for industrial automation will be led by increasing investments in liquefied natural gas (LNG) processing activities that can fuel the growth of the global industrial automation market in the region.

In 2020, during the COVID-19 pandemic, there was a temporary closure of end-user industries such as oil and gas, power plants, and chemicals. As a result, there was a decline in the demand for industrial automation technology from vendors, which negatively impacted the growth of the industrial automation software market in APAC. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the resumption of operations in end-user industries such as oil and gas, power plants, chemicals, and others. Such factors are expected to drive the market during the forecast period.

Who are the Major Industrial Automation 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.

Endress Hauser Group Services AG: The company offers industrial automation such as cleaning and calibration system liquiline control CDC90. Also, the company offers measuring instruments and automation solutions for the industrial process engineering industry including flow, level, pressure, analysis, temperature, recording, and digital communications.

Azbil Corp: The company offers industrial automation, such as Advanced Process Control. Also, the company offers a variety of products and services necessary to control air conditioning in office buildings and other large scale buildings, based on an integrated system.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including:

  • ABB Ltd.
  • Danfoss AS
  • Dassault Systemes SE
  • Emerson Electric Co.
  • FANUC Corp.
  • Fuji Electric Co. Ltd.
  • General Electric Co.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • KROHNE Messtechnik GmbH
  • OMNIVISION
  • OMRON Corp.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • WIKA Alexander Wiegand SE and Co. KG
  • Yokogawa Electric Corp.

 

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies vendors into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The industrial automation market 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. 

  • Product Outlook (USD Billion, 2017 - 2027)
    • SCDA
    • PLC
    • DCS
    • Drives
    • Sensors
  • End-user Outlook (USD Billion, 2017 - 2027)
    • Process industry
    • Discrete industry
  • Geography Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • South America
      • Chile
      • Argentina
      • Brazil
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Industrial Automation Market Scope

Report Coverage

Details

Page number

182

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.16%

Market growth 2023-2027

USD 83.68 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

7.65

Regional analysis

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

Performing market contribution

APAC at 42%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

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

Key companies profiled

ABB Ltd., Azbil Corp., Danfoss AS, Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, FANUC Corp., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., KROHNE Messtechnik GmbH, OMNIVISION, OMRON Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, WIKA Alexander Wiegand SE and Co. KG, and Yokogawa Electric 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 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.

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What are the Key Data Covered in this Industrial Automation Market Research Report?

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

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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 End-user
    • 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 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • 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 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global industrial automation market 2017 - 2021 ($ billion)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    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 SCDA - Market size and forecast 2022-2027
      • Exhibit 34: Chart on SCDA - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on SCDA - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on SCDA - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on SCDA - Year-over-year growth 2022-2027 (%)
    • 6.4 PLC - Market size and forecast 2022-2027
      • Exhibit 38: Chart on PLC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on PLC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on PLC - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on PLC - Year-over-year growth 2022-2027 (%)
    • 6.5 DCS - Market size and forecast 2022-2027
      • Exhibit 42: Chart on DCS - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on DCS - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on DCS - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on DCS - Year-over-year growth 2022-2027 (%)
    • 6.6 Drives - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Drives - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Drives - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Drives - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Drives - Year-over-year growth 2022-2027 (%)
    • 6.7 Sensors - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Sensors - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Data Table on Sensors - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Chart on Sensors - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Sensors - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Product
      • Exhibit 54: Market opportunity by Product ($ billion)
      • Exhibit 55: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 58: Chart on Comparison by End-user
      • Exhibit 59: Data Table on Comparison by End-user
    • 7.3 Process industry - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Process industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Process industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Process industry - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Process industry - Year-over-year growth 2022-2027 (%)
    • 7.4 Discrete industry - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Discrete industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Discrete industry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Discrete industry - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Discrete industry - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 68: Market opportunity by End-user ($ billion)
      • Exhibit 69: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 111: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 123: ABB Ltd. - Overview
              • Exhibit 124: ABB Ltd. - Business segments
              • Exhibit 125: ABB Ltd. - Key offerings
              • Exhibit 126: ABB Ltd. - Segment focus
            • 12.4 Azbil Corp.
              • Exhibit 127: Azbil Corp. - Overview
              • Exhibit 128: Azbil Corp. - Business segments
              • Exhibit 129: Azbil Corp. - Key news
              • Exhibit 130: Azbil Corp. - Key offerings
              • Exhibit 131: Azbil Corp. - Segment focus
            • 12.5 Danfoss AS
              • Exhibit 132: Danfoss AS - Overview
              • Exhibit 133: Danfoss AS - Business segments
              • Exhibit 134: Danfoss AS - Key news
              • Exhibit 135: Danfoss AS - Key offerings
              • Exhibit 136: Danfoss AS - Segment focus
            • 12.6 Dassault Systemes SE
              • Exhibit 137: Dassault Systemes SE - Overview
              • Exhibit 138: Dassault Systemes SE - Product / Service
              • Exhibit 139: Dassault Systemes SE - Key news
              • Exhibit 140: Dassault Systemes SE - Key offerings
            • 12.7 Emerson Electric Co.
              • Exhibit 141: Emerson Electric Co. - Overview
              • Exhibit 142: Emerson Electric Co. - Business segments
              • Exhibit 143: Emerson Electric Co. - Key news
              • Exhibit 144: Emerson Electric Co. - Key offerings
              • Exhibit 145: Emerson Electric Co. - Segment focus
            • 12.8 Endress Hauser Group Services AG
              • Exhibit 146: Endress Hauser Group Services AG - Overview
              • Exhibit 147: Endress Hauser Group Services AG - Product / Service
              • Exhibit 148: Endress Hauser Group Services AG - Key news
              • Exhibit 149: Endress Hauser Group Services AG - Key offerings
            • 12.9 FANUC Corp.
              • Exhibit 150: FANUC Corp. - Overview
              • Exhibit 151: FANUC Corp. - Product / Service
              • Exhibit 152: FANUC Corp. - Key offerings
            • 12.10 General Electric Co.
              • Exhibit 153: General Electric Co. - Overview
              • Exhibit 154: General Electric Co. - Business segments
              • Exhibit 155: General Electric Co. - Key news
              • Exhibit 156: General Electric Co. - Key offerings
              • Exhibit 157: General Electric Co. - Segment focus
            • 12.11 Honeywell International Inc.
              • Exhibit 158: Honeywell International Inc. - Overview
              • Exhibit 159: Honeywell International Inc. - Business segments
              • Exhibit 160: Honeywell International Inc. - Key news
              • Exhibit 161: Honeywell International Inc. - Key offerings
              • Exhibit 162: Honeywell International Inc. - Segment focus
            • 12.12 OMRON Corp.
              • Exhibit 163: OMRON Corp. - Overview
              • Exhibit 164: OMRON Corp. - Business segments
              • Exhibit 165: OMRON Corp. - Key news
              • Exhibit 166: OMRON Corp. - Key offerings
              • Exhibit 167: OMRON Corp. - Segment focus
            • 12.13 Robert Bosch GmbH
              • Exhibit 168: Robert Bosch GmbH - Overview
              • Exhibit 169: Robert Bosch GmbH - Business segments
              • Exhibit 170: Robert Bosch GmbH - Key news
              • Exhibit 171: Robert Bosch GmbH - Key offerings
              • Exhibit 172: Robert Bosch GmbH - Segment focus
            • 12.14 Schneider Electric SE
              • Exhibit 173: Schneider Electric SE - Overview
              • Exhibit 174: Schneider Electric SE - Business segments
              • Exhibit 175: Schneider Electric SE - Key news
              • Exhibit 176: Schneider Electric SE - Key offerings
              • Exhibit 177: Schneider Electric SE - Segment focus
            • 12.15 Siemens AG
              • Exhibit 178: Siemens AG - Overview
              • Exhibit 179: Siemens AG - Business segments
              • Exhibit 180: Siemens AG - Key news
              • Exhibit 181: Siemens AG - Key offerings
              • Exhibit 182: Siemens AG - Segment focus
            • 12.16 WIKA Alexander Wiegand SE and Co. KG
              • Exhibit 183: WIKA Alexander Wiegand SE and Co. KG - Overview
              • Exhibit 184: WIKA Alexander Wiegand SE and Co. KG - Product / Service
              • Exhibit 185: WIKA Alexander Wiegand SE and Co. KG - Key offerings
            • 12.17 Yokogawa Electric Corp.
              • Exhibit 186: Yokogawa Electric Corp. - Overview
              • Exhibit 187: Yokogawa Electric Corp. - Business segments
              • Exhibit 188: Yokogawa Electric Corp. - Key offerings
              • Exhibit 189: Yokogawa Electric Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 190: Inclusions checklist
                • Exhibit 191: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 192: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 193: Research methodology
                • Exhibit 194: Validation techniques employed for market sizing
                • Exhibit 195: Information sources
              • 13.5 List of abbreviations
                • Exhibit 196: 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.

              INFORMATION 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

              DATA 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

              REPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • 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?

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