The automation and controls market size was valued at $329.62 billion in 2020 and is projected to reach $845.15 billion by 2030, registering a CAGR of 10.7%.
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Allied Market Research (Portland, Oregon, USA) has published the latest report titled “Automation and Controls Market by Product (PLC, SCADA, PAC, DCS, HMI, and MES), Application (Lighting, HVAC, Safety and security, etc.), End use (residential, commercial (hospitality, business and retail), industrial (oil and gas, mining and metals, automotive and transportation, manufacturing, electrical and electronics, aerospace and defense, and others) ): Global Opportunities Analysis and Industry Forecast, 2021-2030. »
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According to Allied Market Research, the global automation and controls market is expected to show remarkable growth during the forecast period. The report includes a detailed study of the Automation and Controls market size, market trends, major market players, sales analysis, key driving factors and major investment pockets. The global Automation and Controls Market report provides an overview of the market and describes the definition and scope of the market. Ongoing technological developments and increasing demand are having an influential effect on the growth of the market. Additionally, the report provides quantitative and qualitative analysis of the Automation and Controls market, outlines pain point analysis, value chain analysis, and key regulations.
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Additionally, the study provides Porter’s Five Forces Model, along with portfolio and financial analysis and business overview of services and products. The report describes market segmentation and growth analysis of the top 10 market players currently active in the Automation and Controls industry. The report also contains information and statistics, tables and figures which are used in strategic planning for business success.
The report covers a brief analysis of the impact of the Covid-19 outbreak on the Automation and Control market. Prolonged lockdown and disrupted supply chain coupled with stringent restrictions on international trade are severely impacting the growth of automation and controls market. The Covid-19 pandemic has driven up commodity prices and changed customer preferences.
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Key market segments
BY end use
Major Market Players – ABB Group, Bosch Rexroth AG, Honeywell International Inc., Schneider Electric, General Electric Co., Emerson Electric Co., Rockwell Automation, Fanuc Corporation, SIEMENS AG, KuKa AG
Geographical Landscape of Automation and Controls Market:
1) North America (United States, Canada and Mexico)
2) Europe (Germany, France, UK, Russia and Italy)
3) Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
4) South America (Brazil, Argentina, Colombia)
5) Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)
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In-depth analysis of each segment helps in making strategic decisions and making profitable investments in the future. Moreover, it helps market players gain a competitive edge. The Automation and Controls market analysis of the segment and sub-segment is offered in the form of graphs and tables. This study is essential for understanding the most revenue-generating and fast-growing segments of the market. The global Automation and Controls Market report offers an in-depth study of the major market players currently dominating the industry. The report includes the analysis of production, sales and revenue of these companies. These companies have adopted various business strategies such as new product launches, mergers and acquisitions, partnerships and collaborations to maintain their position in the market.
The report will include highlights of the overall market, including frequently asked questions [FAQs] such as:
Q1. What is the current Automation and Controls market trend taking place in the market?
Q2. What are the historical revenue figures and estimated revenue figures along with the CAGR during the forecast period of the Automation and Controls market?
Q3. Which regions and segments will generate massive revenue and emerge as market leaders in the coming years?
Q4. What are the market drivers, restraints, and challenges impacting market demand and growth?
Q5. What are the business tactics that will influence the competitive scenarios while defining the growth potential of the market?
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