The global machine automation controller market is projected to reach USD 34.9 billion in 2022 and USD 64.5 billion by 2032. Over this period, it is anticipated to experience a steady growth rate of 6.3%. The primary driver of this growth is expected to be the energy and power sectors.
This growth is due to the rise in adoption of machine automation controller in manufacturing around the world. This trend is projected to expand the market.
A machine automation controller is a type of industrial system that combines supervisory control and supervision of numerous integrated subsystems. This offers synchronous control of all connected machine devices as well as more sophisticated features like motion, robotics, and database connectivity.
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In the manufacturing sector, a wide range of machines and processes are regulated by machine automation controllers. They are employed to control a variety of manufacturing-related machine and equipment parameters, including motion, speed, position, and others.
Increased productivity is one benefit of using machine automation controllers in manufacturing. Manufacturers can increase production rates while lowering errors and downtime by automating a variety of repetitive tasks. They have the ability to manage multiple machines and processes from a single system, which makes for an extremely flexible manufacturing process.
By reprogramming the controllers to change the parameters of the machines and equipment, they enable the manufacturers to quickly adapt to changing production requirements. These include various changes, such as in demand or product design.
Tasks that are dangerous for human operators, like heavy lifting, welding, or working in hot environments, can be programmed into machine automation controllers. This results in decreased workplace injuries and accidents.
The demand for machine automation controllers is anticipated to grow during the assessment period as a result of the increase in industrial automation occurring throughout the world to improve the effectiveness and productivity of manufacturing facilities.
Key Takeaways from the Machine Automation Controller Market Report:
- The global machine automation controller market exhibited a CAGR of around 2% during the historical period.
- China machine automation controller market is projected to be the highest with a worth of US$ 17.2 billion in 2032.
- The USA machine automation controller market is set to create an absolute $ growth of US$ 3.7 billion by 2032.
- Based on type, the distributed control system segment is anticipated to accelerate at a CAGR of 1% from 2022 to 2032.
- Based on industry, the energy and power market witnessed prominent growth at a CAGR of 0% from 2017 to 2021.
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Competitive Landscape:
With the rising automation trend, the competition between industry players has increased. Now, businesses are looking at innovation as a prime differentiator in the market.
The market players are investing heavily in research and development for new and efficient products. The companies are also on product launches to augment their market positions. As there is a rise in the adoption of the machine automation controller market, it is resulting in experts’ concerns about security and compliances in the manufacturing of this product.
For instance,
In November 2018 – Emerson Electric Co. inaugurated a new facility and its first industrial solutions center in South Korea. This new facility is aimed to serve Emerson automation solutions customers in the region.
Key Players:
- Abb Group
- Siemens Ag
- Emerson Electric Co
- Schneider Electric Se
- Rockwell Automation Inc
- Parker Hannifin Corporation
- STMicroelectronics
- Mks Instruments Inc.
- Motion Control Corporation
- Estun Automation Co. Ltd
- Ametek Inc.
- Powertec Industrial Motors Inc.
- Dover Motion
- Omron Corporation
- Delta Electronics
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Global Machine Automation Controller Market Segmentation:
By Type:
- Distributed Control System
- Programmable Logical Controller
- Industrial Pc
By Industry:
- Energy And Power
- Healthcare
- BFSI
- Consumer goods and Retail
- Government and Defense
- Manufacturing
- ITES
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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