Efficiency Unleashed: Transformative Power of Machine Automation Controller Market

It is projected that the Machine Automation Controller Market, which was valued at USD 33.7 billion in 2019 and is expected to reach USD 41.5 billion by 2024, will experience significant growth. The growing use of machine automation controllers across a range of industries is the primary driver of this expansion, which is indicated by a compound annual growth rate (CAGR) of 4.3% from 2019 to 2024.

In order to serve industries including oil and gas, energy and power, food and beverage, chemicals, and automotive, the report lists a variety of controller types, including DCS, PLC, and Industrial PC. The machine automation controller market is expected to grow as a result of the rise of automation in these industries as well as improvements in controller technology.

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Machine Automation Controller Market

The Machine Automation Controller Market is expanding rapidly thanks to a number of important factors. The increased focus on reducing total operating expenses across businesses is one of the main drivers. Machine automation controllers are being used by organisations more frequently in an effort to improve operational efficiency, streamline procedures, and cut costs. Automation controller demand is further accentuated by the process industry's growing requirement to increase productivity. Furthermore, the extensive use of robots in the industrial sector is also propelling market growth because machine automation controllers are essential for coordinating and streamlining robotic activities. When taken as a whole, these variables highlight the market for machine automation controllers' explosive growth trajectory.

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DCS to lead the market by 2019

In the machine automation controller industry, distributed control systems (DCS) are essential because they provide centralised control for effective plant operation. DCS makes it easier to monitor, control, and report on specific production floor components in a customisable manner. It is the perfect choice for businesses with large production settings because to its unique ability to handle extremely complicated automation processes. DCS implementation in the process industry enables businesses to maximise resource utilisation, reduce downtime, and improve production efficiency. The DCS section is expected to develop at a faster rate because to the growing demand for items such as foods, drinks, and chemicals. This underscores the segment's critical role in promoting operational efficiency in a variety of industries.

IP65 rated controller to hold the largest share of machine automation controller market

IP65 machine automation controllers are made to work in harsh industrial settings where automated systems are constantly in contact with solid, liquid, and dusty materials. The IP65-rated controllers offer defence against liquid jets at low pressure and dust coming from all directions. Automation controllers, such as Industrial PCs (IPC) and Distributed Control Systems (DCS), frequently have an IP65 rating, especially for parts like flat panel monitors that don't need more protection. The IP65 certification is now absolutely necessary to ensure the resilience of machine automation controllers in demanding industrial settings, as it is important to secure these external components.

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APAC to be largest market for machine automation controller during forecast period

In 2019, the Asia-Pacific (APAC) region is anticipated to maintain its leading position in the machine automation controller market through 2024. Manufacturing facilities have been established in a variety of industries, including automotive, chemicals, food and beverage, semiconductor and electronics, in response to the significant domestic demand for automated controllers. Businesses in the area are increasingly looking to automation technology as a practical way to handle these issues and improve overall operational efficiency in response to rising labour costs, the quick evolution of manufacturing processes, and the spike in operating expenses. 

Major players involved in the machine automation controller market include ABB (Switzerland), Emerson (US), Siemens (Germany), Schneider Electric (France), Yokogawa (Japan), Advantech (Taiwan), Delta Electronics (Taiwan), Honeywell (US), Mitsubishi Electric (Japan), Omron (Japan), Rockwell Automation (US), Robert Bosch (Germany), Beckhoff Automation (Germany), Kollmorgen (US), and Kontron (Germany).

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