Industrial Automation Software Market: A Look at the Industry's Current Status and Future Outlook
The Industrial Automation Software Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Industrial Automation Software Market. The report offers in-depth research and assessment of the key elements of the global Industrial Automation Software Market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Industrial Automation Software Market.
The market for industrial automation software was valued at USD 33.54 billion in 2020, and it is anticipated to grow at a 7.8% CAGR in terms of revenue over the next five years. In 2021-2028, rising use of cloud-based industrial automation software is anticipated to fuel market revenue growth. Additionally, the market will rise due to the increased demand for industrial automation software to decrease human error and improve time efficiency. The need for automation software has been growing quickly.
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Several industries, including oil and gas, chemicals, pharmaceuticals, the automotive, machine manufacturing, and others have been adopting cloud-based industrial automation software at a rapid rate. Such software enables businesses to access data remotely using computers and ensures secure access to various automated systems through a variety of output devices. These are a few of the key elements propelling the expansion of the industrial automation software market revenue globally.
The report offers a complete analysis of the global Industrial Automation Software market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Major Companies in the Market Include:
Siemens AG, Hitachi Ltd., General Electric Company, Honeywell International Inc., SAP SE, Schneider Electric SE, ABB Ltd., HCL Technologies Limited, Rockwell Automation Inc., and Parsec Automation Corporation.
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Market Overview:
The report bifurcates the Industrial Automation Software market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Emergen Research has segmented global industrial automation software on the basis of type, deployment, end use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Supervisory Control and Data Acquisition (SCADA)
- Distributed Control System (DCS)
- Manufacturing Execution Systems (MES)
- Human Machine Interface (HMI)
- Programmable Logic Controller (PLC)
Deployment Outlook (Revenue, USD Billion; 2018–2028)
- On-premise
- On-cloud
End Use Outlook (Revenue, USD Billion; 2018–2028)
- Process Industry
- Oil and Gas
- Chemicals
- Paper and Pulp
- Pharmaceuticals
- Mining and Metals
- Food and Beverages
- Power
- Others
- Discrete Industry
- Automotive
- Machine Manufacturing
- Semiconductor and Electronics
- Aerospace and Defence
- Medical Devices
- Others
Regional Landscape section of the Industrial Automation Software report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report covers the analysis of the factors anticipated to drive the Global Industrial Automation Software Market growth over the forecast period of 2021-2028. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2020 as the base year and 2018-2019 as the historical years. It puts examines the drivers and restraints of the Industrial Automation Software market and analyzes their impact on the industry throughout the forecast period.
Market Taxonomy:
Chapter 1: Methodology Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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