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Industrial Automation Market Size – Forecast to 2026

Industrial Automation Market

Industrial Automation Market

According to a new market research report published by Global Market Estimates, the Global Industrial Automation Market is projected to grow from USD 134.1 billion in 2021 to USD 198.6 billion by 2026 at a CAGR value of 8.7% between 2021 to 2026. The benefits of automation industrial safety, minimization of waste, enhanced working conditions of the employees, reducing labor on repetitive tasks, and the need for remote monitoring capabilities are driving the industrial automation market.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Industrial Automation Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/industrial-automation-market-3613

By Component (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems, Process Analysers, Field Instruments, Human-Machine Interface, Industrial PC, Vibration Monitoring), By Solution (Supervisory control and data acquisition (SCADA), Pulse-amplitude modulation (PAM), Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing execution systems (MES), Industrial Safety), By Industry (Process Industries [Oil & Gas, Chemicals, Pharmaceuticals, Energy & Power, Metals & Mining, Pulp & Paper, Food & Beverages, Others]), Discrete Industries [Automotive, Aerospace & Defense, Semiconductor & Electronics, Machine Manufacturing, Medical Devices, Others]), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa), Company Market Share Analysis, and Competitor Analysis

Key Market Insights
• As per the component outlook, the industrial 3D printers’ segment is expected to have the largest share due to the growing application of 3D printers in various industries
• The pulse-amplitude modulation (PAM) segment is anticipated to have the largest share in the market during the forecast period due to the rising adoption of PAM systems in processing and discrete sectors as per the solution outlook
• As per the industry outlook, the mining & metals sub-segment is forecasted to grow rapidly as metal processing machinery necessitates efficient, reliable, and economical metal mobility
• The medical devices sub-segment is forecasted to grow rapidly as a result of the development of cutting-edge medical gadgets using revolutionary technologies.
• ABB Ltd, Endress+Hauser AG, Emerson Electric Co., General Electric, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Mitsubishi Electric Corp., Honeywell International Inc., and Yokogawa Electric Corp., among others, are the key players in the industrial automation market.

Browse the Report @ https://www.globalmarketestimates.com/market-report/industrial-automation-market-3613

Component Outlook (Revenue, USD Billion, 2021-2026)
• Industrial Sensors
• Industrial Robots
• Industrial 3D Printers
• Machine Vision Systems
• Process Analyzers
• Field Instruments
• Human-Machine Interface
• Industrial PC
• Vibration Monitoring

Solution Outlook (Revenue, USD Billion, 2021-2026)
• Supervisory control and data acquisition (SCADA)
• Pulse-amplitude modulation (PAM)
• Programmable Logic Controller (PLC)
• Distributed Control System (DCS)
• Manufacturing execution systems (MES)
• Industrial Safety

Industry Outlook (Revenue, USD Billion, 2021-2026)
• Process Industries
• Oil & Gas
• Chemicals
• Pharmaceuticals
• Energy & Power
• Metals & Mining
• Pulp & Paper
• Food & Beverages
• Others
• Discrete Industries
• Automotive
• Aerospace & Defense
• Semiconductor & Electronics
• Machine Manufacturing
• Medical Devices
• Others

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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