3 Key Insights on ~US$ 450 Bn Opportunity in the Global Industrial Automation and Control Systems Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Driven by Industry 4.0 and the quick transition of industries toward smart manufacturing have created enormous market prospects for the Global Industrial Automation and Control Systems Market which is forecasted to Cross ~US$ 450 Bn by 2028 says Ken Research Study. Industrial automation uses technology and control systems, such as computers and robots, to complete activities that were previously completed manually. These solutions reduce the need for operator engagement and supervision by automating industrial equipment operations. Industrial automation control system solutions require smart devices for data gathering as well as secure infrastructures to enable communications and data transfers. “Ken Research shares 3 key insights on this high-opportunity market from its latest research study.” 1. Growing Demand for Automation, And Cutting-Edge, Integrated Technology Are Expected to Propel Market Growth The ongoing need to increase profitability drives manufacturers to seek technologies that can increase productivity while requiring minimal resources. Industrial automation in this situation acts as a driver for improved dependability and efficiency and improves return on investment (ROI). Industrial automation reduces production costs while raising output rate and quality through the use of cutting-edge, integrated technology. It advances automation by replacing human work with computer programming and automation tools, producing a performance that is more efficient than manual operation. According to Ken Research estimates, the Global Industrial Automation and Control Systems Market – valued at around ~US$ 150 billion in 2017 and estimated to reach nearly ~US$ 250 billion by 2022 – is further expected to grow to around ~US$ 450 billion opportunity by 2028. 2. The Demand for Automation and Industrial Controls Is Anticipated to Grow Due to The Increasing Need for Increased Productivity. The increasing use of automation in industries is the primary driver of market growth for Industrial Automation and Control Systems. The market for industrial controls and factory automation is expanding as a result of an increasing demand to use higher technology equipment to achieve better results. Automation results in higher-quality products that are produced more economically, boosting the product’s overall profitability margin. Energy can also be saved through automation. Furthermore, the demand for high yield and production, skills shortages, and increased emphasis on improving efficiency and accuracy to attain high yield and productivity are some of the other factors driving the growth of the factory automation & industrial controls market. The Asia Pacific is the largest region, such systems are increasingly being adopted in nations like India, Japan, China, and South Korea. According to the International Federation of Robotics (IFR), in 2022 reported that with 243,300 installations in 2021, an increase of 44% from the year prior, the industrial robot’s market in China experienced significant growth. 3. The Market Growth Could Be Hindered by The High Initial Cost of Setting Up Automation Control Units. The worldwide factory automation & industrial controls market may be constrained by factors such as the high initial cost of installing factory automation & industrial controls systems and a lack of understanding regarding the quality of completed products produced employing automation. In addition to this, the market may be constrained by the scarcity of qualified individuals who can install automation and control processes. Cost estimates for each collaborative robot system might be between ~US$3,000 and ~US$100,000. Prices for an industrial robotic system vary from ~US$ 15,000 to ~US$ 150,000, making them much more expensive. For More Information, refer to below link:- Industrial Automation and Control Systems Outlook Related Report Asia Pacific Robotic Arms Market Outlook and Forecast to 2027 – Driven by Rapid Industrial Automation, Advanced Technologies and Increasing R&D Investment North America Automated Guided Vehicles Market Outlook and Forecast to 2027 – Driven by Rising Demand for Automation in Material Handling, Enhanced Workplace Safety and Improved Productivity Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 9 Tags: ABB factory automation control system products Market, Aerospace & Defense Industrial Automation and Control Systems, Africa Industrial Automation and Control Systems Market, Asia-Pacific Industrial Automation and Control Systems Market, Automation Equipment Distributors, Automotive Industrial Automation and Control Systems, Chemical Industrial Automation and Control Systems, Competitors in Industrial Automation and Control Systems, Components Suppliers for Automation Equipment Manufacturers, DCS Control System Market, Emerging Companies in Industrial Control Systems Market, Emerson Electric Industrial Automation Market, Energy & Utilities Industrial Automation and Control Systems, Europe Industrial Automation and Control Systems Market Forecast, Factory Automation and Industrial Controls Market, Food & Beverage Industrial Automation and Control Systems, General Electric Industrial Automation Market, Global Control Valves Component Market, Global Factory automation systems Market, Global HMI Component Market, Global Industrial Automation Market, Global Industrial Automation Market End Users, Global industrial automation platform, Global Industrial Control Systems Market, Global Industrial Robots Component Market, global industrial sensors market, Government Ministries and Departments of Engineering and Machinery, Healthcare Industrial Automation and Control Systems, Honeywell Industrial Automation Control Systems Market Share, Industrial Automation and Control Market, Industrial Automation and Control Systems Demand, Industrial Automation and Control Systems Industry Challenges, Industrial Automation and Control Systems Market, Industrial Automation and Control Systems Outlook, Industrial Automation Equipment Manufacturers, Industrial Automation Products Distributors, Industrial Automation Software Market, Industrial Automation Solution Companies, Industrial Automation System Services Providers, Industrial control systems companies, Industrial Control Systems Manufacturers, Latin America Industrial Automation and Control Systems Market, Leading Players in Industrial Control Systems Market, Major Companies in Industrial Automation Market, Manufacturing Industrial Automation and Control Systems, Middle East Industrial Automation and Control Systems Market, Mining & Metal Industrial Automation and Control Systems, Mitsubishi automation control system Market, North America Industrial Automation and Control Systems Market, Oil & Gas Industrial Automation and Control Systems, Omron Corporation Industrial Automation Market, Opportunities in Industrial Control Systems Market, PLC Control System Market, Robotics Manufacturing Companies, Rockwell Industrial Automation Market Revenue, SCADA Control System Market, Schneider industrial automation products Suppliers, Sensors And Meter Manufacturing Companies, Siemens Industrial Automation Market Share, Start-ups in Industrial Control Systems Manufacturing, Transportation Industrial Automation and Control Systems, Yokogawa Electric Industrial Automation Market