Machine Automation Controller Market by Controller Type (DCS, PLC, Industrial PC), Form Factor (IP65, IP20), Industry (Oil & Gas, Energy & Power, Food & Beverages, Chemicals, Automotive), and Geography – Global Forecast to 2024
The machine automation controller market is expected to reach USD 41.5 billion by 2024 from USD 33.7 billion in 2019, at a CAGR of 4.3% during 2019–2024.
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Machine automation controllers comprise a collection of automation control devices including distributed control system (DCS), programmable logic controllers (PLC), and industrial PC. These controllers are highly rugged computing devices designed to withstand the demanding and harsh environment of the industrial ecosystem. The machine automation controllers are mainly used to automate specific processes such as batch processing or flow control.
They are also used to control a machine function or an entire production line. Major components of a machine automation controller include a central processing unit (CPU), power supply module, and input/output (I/O) module. The growth of the market is mainly attributed to the increasing focus on reducing overall operational cost, increasing the need to drive productivity in the process industry, and the growing use of robots in the manufacturing sector.
Honeywell (US), ABB (Switzerland), Yokogawa (Japan), Siemens (Germany), and Emerson (US) are the leading the DCS solution provider. Whereas, Rockwell (US, Mitsubishi Electric (Japan), Siemens (Germany), ABB (Switzerland) and Schneider Electric (France) are leaders in the PLC market; and Advantech (Taiwan), Kontron (Germany) Siemens (Germany), and Beckhoff (Germany), are the leading providers of industrial PC market.
ABB (Switzerland) is one of the leading manufacturers of machine automation controller globally. The company’s advanced automation solutions offer highly efficient and flexible performance which are deployed in diverse industries, such as water & wastewater management, oil & gas, and energy & power. ABB emphasizes on its R&D efforts to strengthen its entire product portfolio. For instance, the company invested USD 1.37 billion in R&D, which accounts for 4% of its overall revenues in FY17. ABB also focuses on various strategies to expand its business. In July 2018, ABB entered into an agreement with Actemium (Germany) to offer the best-in-class control and automation solutions to its customers. Moreover, in July 2017, the company acquired B&R Automation (Austria) to expand its product portfolio and gain a competitive edge over other automation service providers in the market.
Siemens (Germany) is another major player in the global machine
automation controller market. The company offers innovative automation and
control solutions under two business segments, namely, Digital Factory, and
Process Industries and Drives. With over 150 years of experience in the field
of industrial automation, Siemens has been a preferred choice for many of its
customers for implementing and commissioning complex projects. The company also
focuses on bidding and winning high-value contracts as one of its major
business strategies for growth. For instance, in August 2018, Siemens signed a
contract with Bio-on (Italy), a leading player in high-quality bioplastic
sector. Siemens deployed its automation, plant control, and management system
at Bio-on’s bio-plastic production plant in Bologna, Italy.
Advantech (Taiwan) is a global leader in designing, manufacturing, and selling PC-based industrial controllers. Advantech positions itself as one of the leading providers of industrial automation products, embedded computing boards, and applied and industrial computers. The company also offers differentiated cloud solutions through its WISE-Platform as a Service (PaaS) that gives customers access to its IoT cloud platform. The company aims at expanding its business to new geographies, launching new products, and enhancing its existing product portfolio. For instance, in April 2018, Advantech entered into a joint venture with TECHPRO (Vietnam), a leading system integrator, to open its subsidiary in Vietnam and strategically expand in the Southeast Asian market.
