The overall machine automation controller market is expected to grow from USD 33.7 billion in 2020 to USD 44.40 billion by 2027, at a CAGR of 4.3 %. Manufacturing industry demands high productivity and efficiency. The Machine automation controllers control the automation processes with the help of graphical user interface in the manufacturing industry. They are widely used for many applications include temperature control as well as machine control. The machine automation controllers provide high processing speed, safety, maintainability, and reliability that are required for industrial automation. They help to monitor the complete manufacturing process along with reducing the wastages. These machine automation controllers are significantly used in various industries including food and beverages, automotive, pharmaceuticals, cosmetics and many others.
The key driving factors of the global machine automation controllers are significantly growing food and beverages industry along with cosmetics industries. Robust growth in semiconductor industry leads the global machine controllers market towards growth over the forecast period due to rising demand for consumer electronics goods across the globe. Furthermore, significantly growing manufacturing and construction industry across emerging countries such as China, India, and Brazil fuels the growth of the global machine automation controllers market over the forecast period, owing to rapidly growing population along with growing urbanization across the region.
Additionally, rapid growth in industrial automation as well as the internet of things based products and solutions help the global machine controllers market to grow over the forecast period. High innovation in new products and high focus on expanding their distribution channels by key manufacturers of the market are the major factor which drives the global machine automation controllers market over the forecast period. The key restraining factor such as high safety related to use the machine automation controllers along with high maintenance cost hinders the global machine automation controllers to grow over the forecast period. The machine automation controllers with the 3D designs are the key trend of the global machine automation controllers.
As of 2018, Emerson (US), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Yokogawa (Japan), Advantech (Taiwan), Omron (Japan), Delta Electronics (Taiwan), Mitsubishi Electric (Japan), Rockwell Automation (US), Kollmorgen (US), Robert Bosch (Germany), Honeywell (US), Beckhoff Automation (Germany), and Kontron (Germany) were the major players in the machine automation controller market.
Based on geographies, the global machine automation controllers market is classified into seven regions such as Western Europe, North America, Eastern Europe, Latin America, Asia Pacific excluding Japan, Japan and the Middle East and Africa. Among above-mentioned regions, North America accounts for the high market share in the global machine automation controllers market over the forecast period followed by Western Europe, attributed to rapidly growing innovation and demand for increasing the productivity as well as efficiency in many industries including food and beverages, automotive etc. Asia Pacific excluding Japan is anticipated to showcase a significant growth in the global machine automation controllers market over the forecast period, owing to significant growing electronics industry along with robust growth in construction as well as transportation industry in emerging countries such as China and India across the region.
Japan is predicted to see a significant CAGR in the global machine automation controllers market over the forecast period, attribute to high usage of machine automation controllers for energy monitoring purposes in various industries. MEA is anticipated to see the significant growth rate in the global machine automation controllers market due to expanding industrial automation technology coupled with prominent players are entering the market to meet the growing demand in the region.
The key driving factors of the global machine automation controllers are significantly growing food and beverages industry along with cosmetics industries. Robust growth in semiconductor industry leads the global machine controllers market towards growth over the forecast period due to rising demand for consumer electronics goods across the globe. Furthermore, significantly growing manufacturing and construction industry across emerging countries such as China, India, and Brazil fuels the growth of the global machine automation controllers market over the forecast period, owing to rapidly growing population along with growing urbanization across the region.
Additionally, rapid growth in industrial automation as well as the internet of things based products and solutions help the global machine controllers market to grow over the forecast period. High innovation in new products and high focus on expanding their distribution channels by key manufacturers of the market are the major factor which drives the global machine automation controllers market over the forecast period. The key restraining factor such as high safety related to use the machine automation controllers along with high maintenance cost hinders the global machine automation controllers to grow over the forecast period. The machine automation controllers with the 3D designs are the key trend of the global machine automation controllers.
As of 2018, Emerson (US), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Yokogawa (Japan), Advantech (Taiwan), Omron (Japan), Delta Electronics (Taiwan), Mitsubishi Electric (Japan), Rockwell Automation (US), Kollmorgen (US), Robert Bosch (Germany), Honeywell (US), Beckhoff Automation (Germany), and Kontron (Germany) were the major players in the machine automation controller market.
Based on geographies, the global machine automation controllers market is classified into seven regions such as Western Europe, North America, Eastern Europe, Latin America, Asia Pacific excluding Japan, Japan and the Middle East and Africa. Among above-mentioned regions, North America accounts for the high market share in the global machine automation controllers market over the forecast period followed by Western Europe, attributed to rapidly growing innovation and demand for increasing the productivity as well as efficiency in many industries including food and beverages, automotive etc. Asia Pacific excluding Japan is anticipated to showcase a significant growth in the global machine automation controllers market over the forecast period, owing to significant growing electronics industry along with robust growth in construction as well as transportation industry in emerging countries such as China and India across the region.
Japan is predicted to see a significant CAGR in the global machine automation controllers market over the forecast period, attribute to high usage of machine automation controllers for energy monitoring purposes in various industries. MEA is anticipated to see the significant growth rate in the global machine automation controllers market due to expanding industrial automation technology coupled with prominent players are entering the market to meet the growing demand in the region.
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