Machine Automation Controller Market, Revenue Share, Key Growth Trends, Major Players, and Forecast, 2021–2028
The global Machine
Automation Controller (MAC) market size is expected to reach
USD 51.40 Billion by 2028 and register a CAGR of 4.2% over the forecast period,
according to the latest report by Reports and Data. Growing emphasis on
minimizing overall operational costs, increasing need to enhance productivity in
process industry, and rising consumption of consumer electronic goods are some
key factors expected to continue to drive market revenue growth over the
forecast period. Machine automation controller is a type of electronic device
that controls process of an automation system with the help of a graphical user
interface with minimum human intervention. This system integrates different
controllers such as sequence, motion, operator safety, vision, and
Radio-Frequency Identification (RFID) tracking to a single controller with the
help of system synchronization process.
There are mainly three types of
controllers used in the process of industrial automation such as Programmable
Logic Controllers (PLCs), Distributed Control System (DCSs), and Programmable
Automation Controllers (PACs). Programmable logic controllers are industrial
digital computer control systems, designed to monitor the status of input
devices continuously and make decisions depending upon custom programs for
controlling the state of output devices. Distributed control system segment is
expected to register a rapid revenue CAGR throughout the forecast period.
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Major players in the
market include Emerson, Schneider
Electric, Siemens, Yokogawa, Omron, Mitsubishi Electric, Rockwell Automation,
Kollmorgen, Robert Bosch, and Honeywell.
Some Key
Highlights From the Report:
- In April 2020, Omron launched Sysmac
Studio 3D simulation software for automated factories. This software
integrates and verifies each movement of robots and peripheral devices
providing precise, flexible response to diversification of products and
fluctuation in demand at manufacturing sites.
- IP65 accounted for largest revenue share
in the global market in 2020. This can be attributed to rising demand for
IP65 rated machine automation controllers in multiple end-use industries
due to increasing requirements to protect external components such as flat
panel monitors from dust and liquid.
- North America accounted for largest
revenue share in the global market. This can be attributed to robust
presence of key market players, continuous technological advancements, and
rapidly increasing demand for consumer electronic goods in countries in
this region.
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For the purpose of this report,
Reports and Data has segmented the machine automation controller testing market
based on controller type, product type, form factor, application, and
region:
Controller Type
Outlook (Revenue, USD Million; 2018-2028)
- Distributed Control System (DCS)
- Programmable Logic Controller (PLC)
- Industrial PC (IPC)
Product Type
Outlook (Revenue, USD Million; 2018-2028)
- Analog
- Digital
Form Factor
Outlook (Revenue, USD Million; 2018-2028)
- IP65
- IP20
- Others
Application
Outlook (Revenue, USD Million; 2018-2028)
- Oil & Gas
- Food & Beverages
- Energy& Power
- Chemicals
- Automotive
- Pharmaceuticals
- Metals & Mining
- Aerospace & Defense
- Pulp & Paper
- Semiconductor & Electronics
- Medical Devices
- Others
The report further provides key
insights into the market share held by each product and application in the Machine
Automation Controller market. Moreover, it also offers radical information
about growth prospects and patterns. It also provides extensive coverage of the
product consumption of each application and product. The report also provides a
pricing analysis and growth trends for the key segments of the market.
Along with the basic information, the
report also offers insights into marketing strategies readily adopted by the
key manufacturers for the endorsement of their products. The report offers
significant data pertaining to development trends and market position to offer
deeper insights into targeted clients, brand promotions, and pricing analysis.
The report also sheds light on the supply chains and the changes in the trends
of the upstream raw materials and downstream distributors.
The report explains the market share
and sales volume of each company, along with the key details of the operations
of these companies. The report further offers extensive coverage of their
product portfolio, business expansion plans, gross profit margins, revenue
contribution, investment plans, and financial standings. The report also covers
the strategic alliances observed within these key companies such as mergers and
acquisitions, joint ventures, corporate and government deals, partnerships and
agreements, and brand promotions and product launches.
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Furthermore, the research study gives
additional insights into the companies’ regional presence through extensive
regional analysis. The regional analysis covers the key geographical regions
such as North America, Latin America,
Europe, Asia-Pacific, and the Middle East & Africa. The regional
analysis segment covers details about the market share held by each region
along with the prospective growth opportunities and revenue generation. The
report also offers a projection of the growth rate for each region in the entirety
of the forecast timeline. It also offers a country-wise analysis to impart a
better understanding of the industry.
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further inquiries and information about the customization of this report,
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