Machine Automation Controller Market to be Worth USD 45.02 Billion by 2025 - Zion Market Research

Global machine automation controller market was valued at around USD 33.53 Bn in 2018, and is expected to reach approximately USD 45.02 Bn in 2025.

Global Machine Automation Controller Market was valued at around USD 33.53 Bn in 2018, and is expected to reach approximately USD 45.02 Bn in 2025.”— zion market researchNEW YORK, NEW YORK, UNITED STATES, January 29, 2020 /EINPresswire.com/ -- Global Machine Automation Controller Market was valued at around USD 33.53 Billion in 2018, and is expected to reach approximately USD 45.02 Billion in 2025, at a CAGR slightly above 4.3% between 2018 and 2025.

Machine automation controller is an industrial controller which combines the functionality of a PLC with the processing capability of PC.

The Machine automation controller markets will growth in the predicted period. The demand for the market is anticipated to drive owing to the increased focus on reducing total operational cost; rising need to drive productivity in process industry, along with rising use of robots in the manufacturing industries is anticipated to propel market demand in the long run. Other factors driving machine automation controller market demand are significantly growing cosmetic industry along with food and beverage industry. Robust growth in the semiconductors industry further propels the global market for machine controller growth in the estimated period. Moreover, remarkably growing construction and manufacturing industries across developing countries such as India and China and Brazil, fosters the growth for machine automation controller market growth during the forecast period, due to the fast growing population coupled, with the rising urbanization across the region.

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Furthermore, the rising adoption of industry automation along with the internet of things based product & solutions will support market growth of machine automation controller in the long run. Rising focus on new and innovative product along with expanding distribution network by key manufacturers is concerned one of the major factor influencing the market in projected period. However, some of the restraining factors such as safety related to the use of machine automation controller market coupled with high maintenance cost might hamper market growth in the forecast period.

The machine automation controller market is segmented into controller type, form factor and industry. The industry is segmented into energy & power, oil & gas, chemicals, food & beverages, metals & mining, aerospace & defense, automotive, medical devices, semiconductor & electronics and others. Energy & power is projected to hold a significant share in the market during the expected period. Rising energy requirement and growing population has led to the modernization of grids, and old grid equipment are being replaced with the advanced setups which consist of automated substation, smart meters and smart grids among others. The rising adoption of automated and smart technologies in distribution of power is expected to open new opportunities in the machine automation controllers.

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On the basis of region the market bifurcated into North America, Europe, Asia- Pacific, Latin America and Middle East and Africa. The machine automation controller in Asia Pacific is anticipated to hold significant share in the predicted period. Some of the factors driving market growth also include the establishment of manufacturing units of several industries such as chemicals, automotive, semiconductor & electronics and food & beverages. This is projected to foster market demand for machine automation controller market in the anticipated timeframe.

Renowned machine automation controller market players are ABB, Emerson, Siemens, Schneider Electric, Advantech, Yokogawa, Delta Electronics, Omron, Honeywell and Mitsubishi Electric among others.

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The report segments machine automation controller market as follows:

Global Machine Automation Controller Market: Controller Type Segment Analysis

Distributed Control System (DCS)
Industrial PC (IPC)
Programmable Logic Controller (PLC)
Global Machine Automation Controller Market: Form Factor Segment Analysis

IP20
IP65
Others

Global Machine Automation Controller Market: Industry Segment Analysis

Energy & Power
Oil & Gas
Chemicals
Food & Beverages
Metals & Mining
Aerospace & Defense
Automotive
Medical Devices
Semiconductor & Electronics
Others

Global Machine Automation Controller Market: Regional Segment Analysis

North America
U.S.

Europe

UK
France
Germany

Asia Pacific
China
Japan
India

Latin America
Brazil
Middle East and Africa

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