Industry Transformers: The Impact of Machine Automation Controller Market in the $41.5 Billion

With an anticipated value of USD 33.7 billion in 2019 and a projected value of USD 41.5 billion by 2024, the Machine Automation Controller Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.3%. This indicates that the market is expected to experience considerable growth in the coming years. This information comes from a recent market research study that explores a number of market factors, including form factors and industry applications, as well as controller types like Industrial PCs, PLCs, and Distributed Control Systems (DCS). The growing use of automation across a range of industries, including the oil and gas, energy and power, food and beverage, chemical, and automotive sectors, is one reason for the market's upward trend in machine automation controllers.

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Machine Automation Controller Market

Numerous important factors are driving the Machine Automation Controller Market's expansion, highlighting the critical role that these controllers play in streamlining industrial operations. The increasing emphasis on cutting total operating costs is a major factor pushing industries to embrace sophisticated automation solutions that improve productivity and resource use. Furthermore, the process industry is under increasing pressure to increase productivity, which is driving the use of machine automation controllers to optimise workflows and boost production. The market is expected to grow even further due to the growing use of robots in the manufacturing sector. Machine automation controllers are essential for coordinating and orchestrating robotic functions. When taken as a whole, these elements highlight how important the market is to solving current industrial problems and promoting automation technology developments.

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DCS to lead the market by 2019

With their ability to provide centralised control for plant operations as well as flexible monitoring, control, and reporting of individual components on the factory floor, distributed control systems (DCS) are essential to the machine automation controller industry. DCS is a great option for businesses with large production setups because of its exceptional capacity to handle extremely complicated automation operations. Installing DCS in the process industry is advantageous because it allows businesses to maximise resource efficiency, reduce downtime, and improve production efficiency. The growing demand for goods like meals, drinks, and chemicals is fueling the segment's expansion and demonstrating the critical role that DCS plays in fulfilling the changing needs of sectors where precise and centralised control is essential for successful operations.

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

IP65 machine automation controllers are essential in harsh industrial settings where automated systems are frequently subjected to liquid, solid, and dust particles. Robust protection against dust and low-pressure liquid jets from all directions is offered by an IP65-rated automation controller, guaranteeing dependable operation even under difficult circumstances. When some components, like flat panel monitors, are not further protected, this grade is especially important for automation controllers like Distributed Control Systems (DCS) and Industrial PCs (IPC). The need to protect these exterior components from environmental factors has prompted the mandatory adoption of an IP65 certification, highlighting the grade's importance in boosting the robustness and longevity of machine automation controllers functioning in challenging industrial environments.

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

The machine automation controller market is expected to be dominated by the Asia-Pacific (APAC) region, which is expected to have the highest share in 2019 and continue this trend until 2024. Manufacturing facilities have been established in a variety of industries, including automotive, chemicals, food & beverage, semiconductor & electronics, due to the significant domestic demand for automated controllers. The region's economy is characterised by a trend towards automation technology, which is being fueled by growing labour costs, dynamic modifications to manufacturing processes, and growing operating costs. A strategic response to the changing industrial landscape and the increasing demand for efficiency, productivity, and cost-effectiveness in manufacturing processes, enterprises in the APAC area are embracing automation technologies at an increasing rate in order to effectively handle these problems.

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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