Global Industrial Control and Factory Automation Market

Global Industrial Control and Factory Automation Market Research Report 2023, Forecast to 2028

Global Industrial Control and Factory Automation Market

Global Industrial Control and Factory Automation Market Research Report 2023, Forecast to 2028


The Industrial Control and Factory Automation study provides a comprehensive overview of safety standards, market penetration, and innovation pipelines across major economies.

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Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) data for each segment and sub-segment. This way, clients can achieve all their goals while taking advantage of emerging opportunities. Technological advancements, new product launches, and market capital flows are compared across scenarios to demonstrate their impact over the forecast period.

Data collected includes market dynamics, technology outlook, application development, and pricing trends. All of this is fed into a research model, which then produces relevant data for market research. Global market trend analysis is given including historical data, estimates to 2023 and compound annual growth rate (CAGR) forecast to 2028.

Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.

2023 will be a tough year for much of the global economy, as the ongoing war in Ukraine continues to strain trade, especially in Europe, and the global economy remains reeling from the fallout from the COVID-19 pandemic.

But as China moves ever closer to fully reemerging from three years of government-imposed Covid isolation and reintegrating with the world, economic expectations are high.And with the global economy now facing significant challenges, including energy shortages, slowing growth and high inflation, China’s reopening could provide a much-needed and timely boost.

The report researches and analyzes the influence of the Industrial Control and Factory Automation industry in the new era of global post-COIVD-19 economy in 2023, and provides in-depth analysis and professional suggestions on the current development.

Market Segment by Product Type

Industrial Control Systems

Field Devices

Machine Vision

Manufacturing Execution Systems (MES)

Sensors

Motion & Drives

Relays & Switches

Market Segment by Product Application

Power

Textile

Automotive

Chemical

Printing And Packaging

Others

Finally, the report provides detailed profile and data information analysis of leading company.

Ametek, Inc.

Bosch Automation

Emerson

Honeywell International

Mitsubishi Corporation

National Instrument Corporation

Schneider Electric

General Electric Co

Siemens Ag

Yokogawa Electric Corporation

Insights and Tools:

We follow a comprehensive process to estimate market size. Key industry dynamics, regulatory scenarios, and segmental dynamics are analyzed to understand their impact on demand over the forecast period. Macroeconomic indicators such as prices, income and demographic changes, demand changes, etc. are considered in estimating market size. We also provide an in-depth profile of the key players and discuss their market shares in the global market to derive the market value. In addition, we have an internal database that is regularly updated with key insights and press releases from key stakeholders in the relevant market.

The data is generally gathered in various arrangements such as charts, graphs, infographics, trends, documents and records from various manufacturers and retailers. Our analyst gather, collect, and interpret such data to form significant databases. Our team then works with large data volumes to analyze core developments, evaluate market estimations, and identify trends.

The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focuses on the key regions like United States, European Union, China, and other regions.

Research Objectives

1.To study and analyze the global Industrial Control and Factory Automation consumption (value) by key regions/countries, product type and application, history data from 2018 to 2022, and forecast to 2028.

2.To understand the structure of Industrial Control and Factory Automation market by identifying its various subsegments.

3.Focuses on the key global Industrial Control and Factory Automation manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.

4.To analyze the Industrial Control and Factory Automation with respect to individual growth trends, future prospects, and their contribution to the total market.

5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

6.To project the consumption of Industrial Control and Factory Automation submarkets, with respect to key regions (along with their respective key countries).

7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

8.To strategically profile the key players and comprehensively analyze their growth strategies.

Global Industrial Control and Factory Automation Market Research Report 2023, Forecast to 2028

1 Market Study Overview

1.1 Study Objectives

1.2 Industrial Control and Factory Automation Introduce

1.3 Combined with the Analysis of Macroeconomic Indicators

1.4 Brief Description of Research methods

1.5 Market Breakdown and Data Triangulation

2 Global Trend Summary

2.1 Industrial Control and Factory Automation Segment by Type

2.1.1 Industrial Control Systems

2.1.2 Field Devices

2.1.3 Machine Vision

2.1.4 Manufacturing Execution Systems (MES)

2.1.5 Sensors

2.1.6 Motion & Drives

2.1.7 Relays & Switches

2.2 Market Analysis by Application

2.2.1 Power

2.2.2 Textile

2.2.3 Automotive

2.2.4 Chemical

2.2.5 Printing And Packaging

2.2.6 Others

2.3 Global Industrial Control and Factory Automation Market Comparison by Regions (2018-2028)

2.3.1 Global Industrial Control and Factory Automation Market Size (2018-2028)

2.3.2 North America Industrial Control and Factory Automation Status and Prospect (2018-2028)

2.3.3 Europe Industrial Control and Factory Automation Status and Prospect (2018-2028)

2.3.4 China Industrial Control and Factory Automation Status and Prospect (2018-2028)

2.3.5 Japan Industrial Control and Factory Automation Status and Prospect (2018-2028)

2.3.6 Southeast Asia Industrial Control and Factory Automation Status and Prospect (2018-2028)

2.4 Basic Product Information

2.4.1 Basic Product Information & Technology Development History

2.4.2 Product Manufacturing Process

2.4.3 Interview with Major Market Participants

2.4.4 High-end Market Analysis and Forecast

2.5 Coronavirus Disease 2020 (Covid-19): Industrial Control and Factory Automation Industry Impact

2.5.1 Industrial Control and Factory Automation Business Impact Assessment - Covid-19

2.5.2 Market Trends and Industrial Control and Factory Automation Potential Opportunities in the COVID-19 Landscape

2.5.3 Measures / Proposal against Covid-19

3 Competition by Manufacturer

3.1 Global Industrial Control and Factory Automation Sales and Market Share by Manufacturer (2018-2023)

3.2 Global Industrial Control and Factory Automation Revenue and Market Share by Manufacturer (2018-2023)

3.3 Global Industrial Control and Factory Automation Industry Concentration Ratio (CR5 and HHI)

3.4 Top 5 Industrial Control and Factory Automation Manufacturer Market Share

3.5 Top 10 Industrial Control and Factory Automation Manufacturer Market Share

3.6 Date of Key Manufacturers Enter into Industrial Control and Factory Automation Market

3.7 Key Manufacturers Industrial Control and Factory Automation Key Manufacturers

3.8 Mergers & Acquisitions Planning

4 Analysis of Industrial Control and Factory Automation Industry Key Manufacturers

4.1 Ametek, Inc.

4.1.1 Compan Detail

4.1.2 Ametek, Inc. Industrial Control and Factory Automation Product Introduction, Application and Specification

4.1.3 Ametek, Inc. 131 Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.1.4 Main Business Overview

4.1.5 Ametek, Inc. News

4.2 Bosch Automation

4.2.1 Compan Detail

4.2.2 Bosch Automation Industrial Control and Factory Automation Product Introduction, Application and Specification

4.2.3 Bosch Automation Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.2.4 Main Business Overview

4.2.5 Ametek, Inc. News

4.3 Emerson

4.3.1 Compan Detail

4.3.2 Emerson Industrial Control and Factory Automation Product Introduction, Application and Specification

4.3.3 Emerson Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.3.4 Main Business Overview

4.3.5 Emerson News

4.4 Honeywell International

4.4.1 Compan Detail

4.4.2 Honeywell International Industrial Control and Factory Automation Product Introduction, Application and Specification

4.4.3 Honeywell International Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.4.4 Main Business Overview

4.4.5 Honeywell International News

4.5 Mitsubishi Corporation

4.5.1 Compan Detail

4.5.2 Honeywell International Industrial Control and Factory Automation Product Introduction, Application and Specification

4.5.3 Mitsubishi Corporation Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.5.4 Main Business Overview

4.5.5 Mitsubishi Corporation News

4.6 National Instrument Corporation

4.6.1 Compan Detail

4.6.2 National Instrument Corporation Industrial Control and Factory Automation Product Introduction, Application and Specification

4.6.3 National Instrument Corporation Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.6.4 Main Business Overview

4.6.5 National Instrument Corporation News

4.7 Schneider Electric

4.7.1 Compan Detail

4.7.2 Schneider Electric Industrial Control and Factory Automation Product Introduction, Application and Specification

4.7.3 Schneider Electric Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.7.4 Main Business Overview

4.7.4 Main Business Overview

4.8 General Electric Co

4.8.1 Compan Detail

4.8.2 General Electric Co Industrial Control and Factory Automation Product Introduction, Application and Specification

4.8.3 General Electric Co Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.8.4 Main Business Overview

4.8.5 General Electric Co News

4.9 Siemens Ag

4.9.1 Compan Detail

4.9.2 Siemens Ag Industrial Control and Factory Automation Product Introduction, Application and Specification

4.9.3 Siemens Ag Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.9.4 Main Business Overview

4.9.5 Siemens Ag News

4.10 Yokogawa Electric Corporation

4.10.1 Compan Detail

4.10.2 Yokogawa Electric Corporation Industrial Control and Factory Automation Product Introduction, Application and Specification

4.10.3 Yokogawa Electric Corporation Industrial Control and Factory Automation Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)

4.10.4 Main Business Overview

4.10.5 Yokogawa Electric Corporation News

5 Global Industrial Control and Factory Automation Market Segment by Big Type

5.1 Global Industrial Control and Factory Automation Revenue, Sales and Market Share by Big Type (2018-2023)

5.1.1 Global Industrial Control and Factory Automation Sales and Market Share by Big Type (2018-2023)

5.1.2 Global Industrial Control and Factory Automation Revenue and Market Share by Big Type (2018-2023)

5.2 Industrial Control Systems Sales Growth Rate and Price

5.2.1 Global Industrial Control Systems Sales Growth Rate (2018-2023)

5.2.2 Global Industrial Control Systems Price (2018-2023)

5.3 Field Devices Sales Growth Rate and Price

5.3.1 Global Field Devices Sales Growth Rate (2018-2023)

5.3.2 Global Field Devices Price (2018-2023)

5.4 Machine Vision Sales Growth Rate and Price

5.4.1 Global Machine Vision Sales Growth Rate (2018-2023)

5.4.2 Global Machine Vision Price (2018-2023)

5.5 Manufacturing Execution Systems (MES) Sales Growth Rate and Price

5.5.1 Global Manufacturing Execution Systems (MES) Sales Growth Rate (2018-2023)

5.5.2 Global Manufacturing Execution Systems (MES) Price (2018-2023)

5.6 Sensors Sales Growth Rate and Price

5.6.1 Global Sensors Sales Growth Rate (2018-2023)

5.6.2 Global Sensors Price (2018-2023)

5.7 Motion & Drives Sales Growth Rate and Price

5.7.1 Global Motion & Drives Sales Growth Rate (2018-2023)

5.7.2 Global Motion & Drives Price (2018-2023)

5.8 Relays & Switches Sales Growth Rate and Price

5.8.1 Global Relays & Switches Sales Growth Rate (2018-2023)

5.8.2 Global Relays & Switches Price (2018-2023)

6 Global Industrial Control and Factory Automation Market Segment by Big Application

6.1 Global Industrial Control and Factory Automation Sales Market Share by Big Application (2018-2023)

6.2 Power Sales Growth Rate (2018-2023)

6.3 Textile Sales Growth Rate (2018-2023)

6.4 Automotive Sales Growth Rate (2018-2023)

6.5 Chemical Sales Growth Rate (2018-2023)

6.6 Printing And Packaging Sales Growth Rate (2018-2023)

6.7 Others Sales Growth Rate (2018-2023)

7 Global Industrial Control and Factory Automation Forecast

7.1 Global Industrial Control and Factory Automation Revenue, Sales and Growth Rate (2023-2028)

7.2 Industrial Control and Factory Automation Market Forecast by Regions (2023-2028)

7.2.1 North America Industrial Control and Factory Automation Market Forecast (2023-2028)

7.2.2 Europe Industrial Control and Factory Automation Market Forecast (2023-2028)

7.2.3 China Industrial Control and Factory Automation Market Forecast (2023-2028)

7.2.4 Japan Industrial Control and Factory Automation Market Forecast (2023-2028)

7.2.5 Southeast Asia Industrial Control and Factory Automation Market Forecast (2023-2028)

7.2.6 Other Regions Industrial Control and Factory Automation Market Forecast (2023-2028)

7.3 Industrial Control and Factory Automation Market Forecast by Type (2023-2028)

7.3.1 Global Industrial Control and Factory Automation Sales Forecast by Type (2023-2028)

7.3.2 Global Industrial Control and Factory Automation Market Share Forecast by Type (2023-2028)

7.4 Industrial Control and Factory Automation Market Forecast by Application (2023-2028)

7.4.1 Global Industrial Control and Factory Automation Sales Forecast by Application (2023-2028)

7.4.2 Global Industrial Control and Factory Automation Market Share Forecast by Application (2023-2028)

8 Market Analysis

8.1.1 Market Overview

8.1.2 Market Opportunities

8.1.3 Market Risk

8.1.4 Market Driving Force

8.1.5 Porter's Five Forces Analysis

8.1.6 SWOT Analysis

9 Industrial Control and Factory Automation Related Market Analysis

9.1 Upstream Analysis

9.1.1 Macro Analysis of Upstream Markets

9.1.2 Key Players in Upstream Markets

9.1.3 Upstream Market Trend Analysis

9.1.4 Industrial Control and Factory Automation Manufacturing Cost Analysis

9.2 Downstream Market Analysis

9.2.1 Macro Analysis of Down Markets

9.2.2 Key Players in Down Markets

9.2.3 Downstream Market Trend Analysis

9.2.4 Sales Channel, Distributors, Traders and Dealers

10 Research Findings and Conclusion

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Industrial Control and Factory Automation Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the Industrial Control and Factory Automation Market trending toward high growth trajectories?
A dynamic process in the Industrial Control and Factory Automation Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like Siemens, ABB, Mitsubishi Electric, Schneider Electric, Rockwell Automation.
Is the Industrial Control and Factory Automation Market shifting its focus from growth to value?
Recognize the areas along the Industrial Control and Factory Automation Market's value chain where players are generating value. To get a complete picture, kindly read the entire report.
What are the major applications of the Industrial Control and Factory Automation Market?
Depending upon the type of applications, the Industrial Control and Factory Automation Market has been segmented into and other applications.
How big is the Industrial Control and Factory Automation Market by 2030?
It is expected that the Industrial Control and Factory Automation Market will reach USD XX million by 2030.
In the current situation, what value does the Industrial Control and Factory Automation Market have?
The value of the Industrial Control and Factory Automation Market is estimated to be USD XXX million.
What is the CAGR at which the Industrial Control and Factory Automation Market can expand?
During the forecast years, the Industrial Control and Factory Automation Market can thrive with a robust CAGR.