Global Industrial Automation Market Impressive Growth by 2025 | Ozone Market Reports

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The Global Industrial Automation Market was valued at USD 182.32 billion in 2016 and is projected to reach USD 344.82 billion by 2025, growing at a CAGR of 6.58% from 2017 to 2025. 

Industrial Automation is the control of machinery and processes used in various industries by autonomous systems through the use of technologies like robotics and computer software. There are several benefits of industrial automation such as - reduce production cost, decrease in part cycle-time, reduce waste, better floor space utilization, saves local jobs, improved quality and reliability.

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Market Dynamics:
1. Market Drivers
1.1 Increasing use in entertainment gaming
1.2 Continuous innovation in industrial robotics boosting its adoption in manufacturing
1.3 Need for mass production and connected supply chain
1.4 Government initiatives toward the adoption of industrial automation in various industries
2. Market Restraints
2.1 High procurement costs
2.2 Stringent game hunting regulations

Market Segmentation:
The Global Industrial Automation Market is segmented on the automation type, industry, and region.

1. Automation Type:
1.1 Product Lifecycle Management
1.2 Plant Asset Management
1.3 Computer Numerical Control routers
1.4 Electronic Control Units
1.5 Distributed Control System
1.6 Programmable Logic Control System
1.7 Machine Vision System
1.8 Manufacturing Execution System
1.9 Human Machine Interface
1.10 Supervisory Control and Data Acquisition
1.11 Others

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2. By Industry:
2.1 Hydro power
2.2 Energy and Power System
2.3 Chemical
2.4 Material and Food
2.5 Measurement and Instrumentation
2.6 Automation and Transportation
2.7 Metals and Mining
2.8 Oil and Gas
2.9 Pulp and Paper 

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America) 
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Emerson
2. Honeywell
3. Omron
4. Tegan Innovations Ltd
5. Yokogawa
6. Rockwell
7. Win-911 Software
8. ABB
9. General Electric
10. Mitsubishi
11. Pinpoint Information Systems Inc.
12. Progea Srl
13. Schneider
14. Siemens
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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