Industrial Automation Market Global Market 2019-2023: Siemens, ABB, Emerson Electric, General Electric, Honeywell

Industrial Automation Market 2019
The global Industrial Automation Market is expected to grow at a 9.35% CAGR during the forecast period 2018–2023. In 2017, the market was led by Europe with 38.18% share, followed by North America and Asia-Pacific with 29.47% and 24.63% market shares respectively. The increasing adoption of industrial robots and growing automotive manufacturing plants in these regions are the major factors fueling the growth of the market. 
The global industrial automation market has been segmented based on type, technology, end user, and region. 
On the basis of type, the market has been segmented into fixed automation and programmable automation. On the basis of technology, the market has been segmented into supervisory control & data acquisition (SCADA), distributed control system (DCS), programmable logic controller (PLC), human-machine interface (HMI), programmable automation controller (PAC), and others. On the basis of end user, the market has been segmented into machine manufacturing, oil & gas, aerospace & defence, electrical & electronics, automotive & transportation, mining & metals, food & beverage, and pharmaceuticals. By region, the market has been segmented into North America, Asia-Pacific, Europe, and the rest of the world. 
Based on type, the fixed automation segment accounted for the largest market share with a market value of USD 94.76 billion in 2017, which is projected to grow at the CAGR of 8.80% during the forecast period. Based on technology, the programmable logic controller (PLC) segment accounted for the largest market share with a market value of USD 36.80 billion in 2017 and is projected to grow at the CAGR of 6.48%. Based on end user, automotive & transportation segment accounted for the largest market share with a market value of USD 23.78 billion in 2017 and is projected to grow at the CAGR of 10.91%. 
The global industrial automation market is expected to reach approximately USD 216.47 billion by 2023, growing at a CAGR of 9.35% between 2018 and 2023.
 
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Key Players 
The key players of global industrial automation market are Siemens AG, ABB Ltd, Emerson Electric Co., General Electric Company, Schneider Electric SE, Honeywell International, Inc., Mitsubishi Electric Corporation, Yokogawa Electric, Rockwell Automation, Inc., Ametek, Inc., and Fanuc Corporation. 
Target Audience 
• Process Automation and Instrumentation Manufacturers 
• Industrial Robot Manufacturers 
• MES (Manufacturing Execution System) and MOM (Manufacturing Operations Management) Players 
• System Integrator 
Key Findings 
• The global industrial automation market is expected to reach USD 216.47 billion by 2023. 
• Based on type, the fixed automation segment accounted for the largest market share with a market value of USD 94.76 billion in 2017 and is projected to grow at the CAGR of 8.80% during the forecast period. 
• Based on technology, the programmable logic controller (PLC) segment accounted for the largest market share with a market value of USD 36.80 billion in 2017 and is projected to grow at the CAGR of 6.48%. 
• Based on end user, automotive & transportation segment accounted for the largest market share with a market value of USD 23.78 billion in 2017 and is projected to grow at the CAGR of 10.91%. 
• Geographically, Europe is projected to hold the largest market share in the global industrial automation market followed by North America, Asia-Pacific, and the rest of the world.
Regional and Country Analysis of Industrial automation Market Estimation and Forecast 
The global industrial automation market was led by Europe and occupied 38.18% of the total market share in 2017. North America held the second position in the global industrial automation market globally by occupying 29.47% of the total market share in 2017. Asia-Pacific is the fastest growing market at 11.39% CAGR. However, the market in the rest of the world is growing at a relatively slow rate and occupied only 7.63% market share in 2017. 
The report on the global industrial automation market also covers the following countries for country-level analysis: 
• North America 
• Europe 
• Asia-Pacific 
• Rest of the World 
 
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Table of Contents –Analysis of Key Points
1 Executive Summary 
2 Market Introduction 
    2.1 Definition 
    2.2 Scope of the Study 
    2.3 Market Structure 
    2.4 List of Assumptions 
3 Research Methodology 
    3.1 Research Process 
      3.1.1 Data Mining 
          3.1.1.1 Secondary Research 
          3.1.1.2 Primary Research 
      3.1.2 Research Methodology for Market Size Estimation 
          3.1.2.1 Bottom-Up Approach 
          3.1.2.2 Top-Down Approach 
    3.2 Forecast Model 
………..
10 Company Profiles 
    10.1 Siemens AG 
      10.1.1 Company Overview 
      10.1.2 Financial Overview 
      10.1.3 Products Offered 
      10.1.4 Key Developments 
      10.1.5 SWOT Analysis 
      10.1.6 Key Strategies 
    10.2 ABB Ltd 
      10.2.1 Company Overview 
      10.2.2 Financial Overview 
      10.2.3 Products Offered 
      10.2.4 Key Developments 
      10.2.5 SWOT Analysis 
      10.2.6 Key Strategies 
    10.3 Emerson Electric Co. 
      10.3.1 Company Overview 
      10.3.2 Financial Overview 
      10.3.3 Products Offerings 
      10.3.4 Key Developments 
      10.3.5 SWOT Analysis 
      10.3.6 Key Strategies 
    10.4 General Electric Company 
      10.4.1 Company Overview 
      10.4.2 Financial Overview 
      10.4.3 Products Offered 
      10.4.4 Key Developments 
      10.4.5 SWOT Analysis 
      10.4.6 Key Strategies 
    10.5 Schneider Electric SE 
      10.5.1 Company Overview 
      10.5.2 Financial Overview 
      10.5.3 Products Offerings 
      10.5.4 Key Developments 
      10.5.5 SWOT Analysis 
      10.5.6 Key Strategies 
    10.6 Honeywell International, Inc. 
      10.6.1 Company Overview 
      10.6.2 Financial Overview 
      10.6.3 Products Offered 
      10.6.4 SWOT Analysis 
      10.6.5 Key Strategies 
    10.7 Mitsubishi Electric Corporation 
      10.7.1 Company Overview 
      10.7.2 Financial Overview 
      10.7.3 Products Offered 
      10.7.4 Key Developments 
      10.7.5 SWOT Analysis 
      10.7.6 Key Strategies 
Continued…..
 
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