Industry Controls and Factory Automation Market Research Report Information By Component (Industrial Robots, Collaborative Industrial Robots, Machine Vision, Control Valves, Field Instruments, Human–Machine Interface (HMI), Industrial PC, Sensors and Industrial 3D Printing), By Solution (Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Plant Asset Management (PAM), Functional Safety, Product Lifecycle Management (PLM) and Manufacturing Execution System (MES)), By Industry - Global Forecast to 2030


Market Overview
The industry control and factory automation Market industry is projected to develop from USD 219.04 Billion out of 2023 to USD 419.07 Billion by 2030, displaying a build yearly development rate (CAGR) of 9.82 % during the estimate time frame (2023 - 2030).
Automation technologies are increasingly being used in the pharmaceutical industry to improve business and manufacturing efficiency while also lowering risk by enabling remote access to equipment, proactive maintenance, and decreasing and preventing human errors. Pharmaceutical companies are increasingly working with third-party solution providers to include robots into specialized operations including medicine research, manufacturing, and anti-counterfeiting. The food and beverage industry are also utilizing automated and intelligent robots to enhance supply and demand management. These automated technologies are being used to track products and things from their inception to fulfillment. Many robots in manufacturing work alongside workers to do repetitive, laborious, or difficult tasks under the worker’s supervision and control, like these industries. Cameras, sensors, and automated shut-off capabilities enable robots to detect and avoid humans in the workplace. This growing use of industrial automation is propelling the global industry controls and factory automation market.

Modern robots are being utilized in the assembling area to take on redundant errands, smoothing out the gathering work process. These robots are used as a piece of collecting and assembling tasks for applications, for example, material handling, activities handling, and gathering and security. These robots guarantee the assurance of speed, adequacy, and proficiency. In certain manufacturing plants across the globe, robots should be visible teaming up with the human labor force. Throughout recent years, robot creation has expanded, and the typical robot cost has fallen significantly.
Market Segment Insights
Based on component, the industry control and factory automation Market is classified into Industrial Robots, Collaborative Industrial Robots, Machine Vision, Control Valves, Field Instruments, Human–Machine Interface (HMI), Industrial PC, Sensors, and Industrial 3D Printing.
In terms of solution, the industry control and factory automation Market is segmented into Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Plant Asset Management (PAM), Functional Safety, Product Lifecycle Management (PLM), and Manufacturing Execution System (MES).
Based on industry, the Market is categorized into Process Industry and Discrete Industry.
Regional Insights

Asia Pacific held the biggest market portion of 36.88% in 2022. As the development area, which is the key end client of modern control and factory automation, is expanding at a solid rate, APAC has been a significant supporter of the development of the modern control and factory automation market.

North America will observer critical development before long due to ’ ’maker’s high level creation capacities and proficient exchanging rehearses. The US, Mexico, and Canada make up North America. This locale’s success originates from its emphatically coordinated markets. As far as income, the market is seeing consistent extension.
Key Players
The key players operating in the industry control and factory automation Market are Yokogawa Electric Corporation, Omron Corporation, Endress+Hauser, Fanuc Corporation, WIKA, Mitsubishi Electric Corporation, Eaton Corporation, Danfoss, Rockwell Automation, Yaskawa Electric Corporation, Toshiba Corporation, Honeywell International Inc., Dwyer, Stratasys, Hitachi, HP. 3D Systems, ABB, Schneider Electric, Siemens, General Electric, and Emerson Electric Co.