Industrial Automation Software Market by Offering, Deployment Type, End User

Description

List of Tables

The Industrial Automation Software Market was valued at USD 55.59 billion in 2023, expected to reach USD 60.02 billion in 2024, and is projected to grow at a CAGR of 8.41%, to USD 97.88 billion by 2030.

Industrial Automation Software encompasses a variety of tools and applications designed to control and streamline industrial processes, enhance operational efficiency, and integrate functions across production lines. The necessity for industrial automation software lies in its ability to meet the growing demand for high-quality, consistent products while reducing operational costs and minimizing human error. Its applications stretch across industries like oil and gas, automotive, pharmaceuticals, and food and beverage, with end-use scope involving process control, production monitoring, and quality management. Market growth is chiefly influenced by technological advancements such as AI, IoT integration, and cloud computing, which drive increased automation and connected systems. There's a noticeable shift towards Industry 4.0, where smart manufacturing and digital transformation offer profound potential opportunities. Companies can capitalize on these by investing in adaptive learning algorithms, scalable data analytics, and secure, interoperable platforms that facilitate seamless machine-to-machine communication. Challenges to market growth include high initial costs, security concerns given the increasing number of cyber threats, and the need for substantial workforce training to adapt to new technologies. Regulatory compliance and technical standardization also pose significant barriers. Innovation and research should be geared towards enhancing cybersecurity measures, developing more intuitive user interfaces, and creating adaptable systems that can effortlessly integrate legacy equipment with modern technology. Furthermore, efficient harnessing of big data for predictive maintenance and operational analytics is essential for gaining competitive advantage. The market is characterized by rapid technological evolution and intense competition, with businesses needing to maintain agility and foster strategic partnerships to stay ahead. Firms should prioritize addressing scalability and flexibility to meet dynamic production demands and invest in talent development to build a knowledgeable workforce capable of exploiting new technologies effectively. By focusing on these areas, companies can ensure sustainable growth and strong market positioning in the evolving industrial landscape.

KEY MARKET STATISTICS
Base Year [2023]	USD 55.59 billion
Estimated Year [2024]	USD 60.02 billion
Forecast Year [2030]	USD 97.88 billion
CAGR (%)	8.41%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Industrial Automation Software Market

The Industrial Automation Software Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Increase in demand for automation for qualitative and reliable manufacturing
- Growing need for mass production with reduced operational cost
- Surge in adoption of industry 4.0 owing to integration of industrial internet of things (IIoT)
Market Restraints
- Limited availability of professionals and high implementation cost
Market Opportunities
- Government support for Integration of smart factory automation
- Investment and adoption of robotic equipments in industrial operations
Market Challenges
- Concerns regarding cybersecurity and targeted external attacks

Porter's Five Forces: A Strategic Tool for Navigating the Industrial Automation Software Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Industrial Automation Software Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Industrial Automation Software Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Industrial Automation Software Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Industrial Automation Software Market

A detailed market share analysis in the Industrial Automation Software Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Industrial Automation Software Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Industrial Automation Software Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Industrial Automation Software Market

A strategic analysis of the Industrial Automation Software Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Industrial Automation Software Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd, Advantech Co., Ltd., Analog Devices, Inc., Belden Inc., BP Automation Custom Engineering Solutions, Delta Electronics, Inc., Duro Labs, Inc., Emerson Electric Co., Infineon Technologies AG, Intel Corporation, L-Tron Corporation, OMRON Corporation, Parasoft Pvt Ltd., Pennar Industries Limited, Renishaw plc., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, TBA Group, and Weidmuller Interface GmbH & Co. KG.

Market Segmentation & Coverage

This research report categorizes the Industrial Automation Software Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Offering, market is studied across Distributed Control System (DCS), Human Machine Interface (HMI), Manufacturing Execution Systems (MES), Programmable Logic Controller (PLC), and Supervisory Control and Data Acquisition (SCADA).
Based on Deployment Type, market is studied across On-Cloud and On-Premise.
Based on End User, market is studied across Aerospace & Defense, Automotive, Chemicals & Materials, Consumer Goods, Energy, Food & Beverage, Mining & Metals, Oil & Gas, Pharmaceuticals & Biotech, and Semiconductors & Electronics.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-F6513A06BDB3

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increase in demand for automation for qualitative and reliable manufacturing
  - 5.1.1.2. Growing need for mass production with reduced operational cost
  - 5.1.1.3. Surge in adoption of industry 4.0 owing to integration of industrial internet of things (IIoT)
- 5.1.2. Restraints
  - 5.1.2.1. Limited availability of professionals and high implementation cost
- 5.1.3. Opportunities
  - 5.1.3.1. Government support for Integration of smart factory automation
  - 5.1.3.2. Investment and adoption of robotic equipments in industrial operations
- 5.1.4. Challenges
  - 5.1.4.1. Concerns regarding cybersecurity and targeted external attacks
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Industrial Automation Software Market, by Offering

6.1. Introduction
6.2. Distributed Control System (DCS)
6.3. Human Machine Interface (HMI)
6.4. Manufacturing Execution Systems (MES)
6.5. Programmable Logic Controller (PLC)
6.6. Supervisory Control and Data Acquisition (SCADA)

7. Industrial Automation Software Market, by Deployment Type

7.1. Introduction
7.2. On-Cloud
7.3. On-Premise

8. Industrial Automation Software Market, by End User

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Chemicals & Materials
8.5. Consumer Goods
8.6. Energy
8.7. Food & Beverage
8.8. Mining & Metals
8.9. Oil & Gas
8.10. Pharmaceuticals & Biotech
8.11. Semiconductors & Electronics

9. Americas Industrial Automation Software Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Industrial Automation Software Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Industrial Automation Software Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. ABB Ltd
2. Advantech Co., Ltd.
3. Analog Devices, Inc.
4. Belden Inc.
5. BP Automation Custom Engineering Solutions
6. Delta Electronics, Inc.
7. Duro Labs, Inc.
8. Emerson Electric Co.
9. Infineon Technologies AG
10. Intel Corporation
11. L-Tron Corporation
12. OMRON Corporation
13. Parasoft Pvt Ltd.
14. Pennar Industries Limited
15. Renishaw plc.
16. Rockwell Automation, Inc.
17. Schneider Electric SE
18. Siemens AG
19. TBA Group
20. Weidmuller Interface GmbH & Co. KG