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Industrial automation software market across product (SCADA, DCS, MES, HMI, PLC, IT environment and software integration solutions, production process testing systems), implementation type, end user and geography: global forecast to 2029
Redding, Calif. , May 19, 2022 (GLOBE NEWSWIRE) — According to a new market research report titled “Industrial Automation Software Market through Product (SCADA, DCS, MES, HMI, PLC, IT Environment and Software Integration Solutions, Test Systems Production Processes), Deployment Type, End User and Geography – Global Forecast to 2029, the industrial automation software market is expected to register a CAGR of 7. 4% from 2022 to 2029 to reach $59. 5 billion through 2029.
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The increasing demand for automation for qualitative and reliable manufacturing, the growing demand for mass production with low operating costs, and the emergence of Industry 4. 0 and enabling technologies are the major drivers of the expansion of the global industrial automation software market. Emerging industries driven by automation in the coming countries will offer significant expansion opportunities for players operating in this market.
The Impact of COVID-19 on the Global Industrial Automation Software Market
The onset of the COVID-19 pandemic has led to a widespread economic slowdown, with several countries applying strict lockdown measures to prevent infection. These closures have affected various industries, basically because they affect production operations. There has been a significant effect on supply chains globally. Manufacturing and processing companies suffered massive losses in the first and final quarter of 2020 due to disrupted supply chains and delays in production schedules. The immediate spread of the coronavirus in the United States, Europe and Asian countries have resulted in domestic shutdowns and a temporary shutdown of production services to save you additional leeway.
The COVID-19 pandemic has led to the downsizing of various companies and has had a negative effect on the expansion of the business automation software market. Several small and medium-sized businesses are unable to make the significant investments needed to implement process automation.
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Based on product, the global Industrial Automation Software market is segmented into Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Manufacturing Execution System (MES), Human Machine Interface (HMI), Programmable Logic Controller (PLC), IT Environment and Software Integration Solutions, Production Process Test Systems, automated material handling systems, coordinated knowledge control systems and automatic garage and recovery systems. In 2022, the Supervisory Control and Data Acquisition (SCADA) segment is expected to account for the largest percentage of the commercial automation software market. SCADA controls and monitors automation processes that are for knowledge research and optimization decision making. In addition, the growing demand for business automation responses among organizations is expected to drive segment expansion. The machine interface segment (HMI) is expected to grow at the maximum CAGR ov er the forecast period.
Based on deployment type, the global business automation software market is segmented into on-premises and cloud. By 2022, the local segment is expected to account for the largest percentage of the commercial automation software market. Industries run on-premise servers to gain complete control over security. However, the cloud-based segment is expected to grow at the highest CAGR of the forecast period.
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Based on end-user, the global business automation software market is segmented into oil and gas, chemicals and materials, paper and pulp, prescription drugs and biotechnology, mining and metals, food and beverage, energy, consumer goods, automotive, machinery, and tools. Semiconductor
However, the chemicals and fabrics segment is expected to grow at the highest CAGR of the forecast era due to the increasing implementation of IoT and procedure automation solutions. The chemical industry faces an intense global festival and low product differentiation, making it mandatory to control prices. In such an environment, automation responds by offering the double merit of innovating in spaces that matter to consumers and obtaining better profitability through optimized production. The chemical and tissue industry also wants to control the prices of raw fabrics and energy, which can be achieved IIoT and automation technologies, which deserve to create additional opportunities for market growth.
Based on geography, the global business automation software market is segmented into North America, Asia Pacific, Europe, Latin America, Middle East, and Africa. In 2022, Asia-Pacific is expected to have the largest share of the commercial automation market, followed by Europe and North America. Government projects and policies supporting the digitization of production plants and investments in IIoT are major points driving the adoption of commercial automation software in the region.
Some of the major players operating in the commercial automation software market are Emerson Electric Co. (USA), ABB Ltd (Sweden), Siemens AG (Germany), General Electric Company (USA)USA), Schneider Electric SE (France), Honeywell International Inc. . (United States), Rockwell Automation Inc. (United States), HCL Technologies Ltd. (India), Parsec Automation Corporation (United States), SAP SE (Germany), Tata Consultancy Services Limited (India), Hitachi, Ltd. (Japan), OMRON Corporation (Japan), Aegis Industrial Software Corporation (United States) and IBM Corporation (United States).
To learn more about the market with a table of contents and detailed figures, click here: https://www. meticulousresearch. com/product/industrial-automation-software-marketplace-5279
Scope of the report
Industrial Automation Software Market, through Product
Monitoring, Control and Data Acquisition (SCADA)
Distributed Control System (DCS)
Manufacturing Execution Systems (MES)
Human Machine Interface (HMI)
Programmable Logic Controller (PLC)
IT and integration solutions
Production procedure systems
Automated systems
Coordinated knowledge control systems.
Automatic garage and recovery systems.
Industrial automation software market, through type of implementation
On site
cloud-based
Industrial automation software market, through the end user
petroleum gasoline
chemicals and materials
Pulp
Pharmaceuticals and biotechnology
Mining and metals
food and beverages
Energy
Consumer goods
Automotive
Machines and tools
Semiconductors and electronics
Aerospace & Defense
Other end users
Industrial automation software market, across geography
North America
WE.
Canada
Europe
UNITED KINGDOM.
Germany
France
Italy
spain
Holland
Sweden
that of Europe
Asia-Pacific (APAC)
Porcelain
India
Japan
South Korea
Singapore
Rest of ICCA
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa (MEA)
United Arab Emirates
Saudi Arabia
south africa
Rest of the Middle East and Africa
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In the midst of this crisis, Meticulous Research® frequently assesses the effect of the COVID-19 pandemic on various submarkets and enables global organizations to strategize for the post-COVID-19 world and help its growth. Let us know if you would like to assess the effect of COVID-19 on any industry here: https://www. meticulousresearch. com/custom-research
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