Automation 2023 8th Annual Industrial Automation And Control Trends The global industrial automation and control systems market size was estimated at usd 206.33 billion in 2024 and is anticipated to witness a cagr of 10.8% from 2025 to 2030. the market is growing rapidly, driven by the rising demand for efficiency, precision, and safety across manufacturing industries. Industrial automation and control systems market size crossed usd 165 billion in 2023 and is projected to expand at 9.5% cagr from 2024 to 2032, driven by growing demand for customization and flexibility.
Industry Trends In Automation For 2023 Virtual Commissioning Global industrial automation market size was usd 215.62 billion in 2023 and the market is projected to touch usd 498.26 billion by 2032, at a cagr of 9.75% during the forecast period. industrial automations includes the integration of control systems, robots, and computers to streamline manufacturing, assembly, and other tasks in various. London, july 10, 2023 (globe newswire) as per the business research company’s industrial automation and control systems global market report 2023, the market will grow from $175.1 billion in. The global industrial automation and control systems market size is anticipated to reach usd 377.25 billion by 2030. the market is expected to reach at a cagr of 10.5% from 2023 to 2030. the growth is attributed to the growing adoption of process automation in several industries, such as energy utilities, chemicals, and automotive. Based on automation type, the scada and dcs segments together accounted for the largest share of the global industrial automation market in 2023, and the same trend is expected to continue throughout the forecast period, owing to the high adoption of commercial control and factory automation to optimize the assembly process.
Fluid Control In 2023 Automation Trends In Control Valves The global industrial automation and control systems market size is anticipated to reach usd 377.25 billion by 2030. the market is expected to reach at a cagr of 10.5% from 2023 to 2030. the growth is attributed to the growing adoption of process automation in several industries, such as energy utilities, chemicals, and automotive. Based on automation type, the scada and dcs segments together accounted for the largest share of the global industrial automation market in 2023, and the same trend is expected to continue throughout the forecast period, owing to the high adoption of commercial control and factory automation to optimize the assembly process. “according to our latest research report on the global industrial control and factory automation market reveals that the industry is experiencing substantial growth worldwide. the. Industrial automation control market was valued at 150 billion us$ in 2022 and is projected to reach 358.3 billion us$ by 2030, at a cagr of 11.5% during the forecast period. The global industrial automation market size stood at usd 193.46 billion in 2024 and is projected to reach usd 403.08 billion by 2033 at an estimated cagr of 8.5%. the commercial automation market is a swiftly growing sector driven by means of the increasing demand for efficiency, productivity, and precision in production and business techniques. "the global industrial automation market was valued at us$ 201.2 billion in 2023 and is expected to register a cagr of 8.8% over the forecast period and reach us$ 429.8 bn in 2032." industrial automation entails the use of technology to control and operate machinery, processes, and systems in various industries.