Asia Pacific Industrial Automation Market Forecast to 2030
Asia Pacific Industrial Automation Market Forecast to 2030 – Regional Analysis – by Component (Hardware and Software), System (Supervisory Control and Data Acquisition, Distributed Control System, Programmable Logic Control, and Other), and End User (Oil & Gas, Automotive, Food & Beverages, Chemical & Materials, Aerospace & Defense, and Others)
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Description
Integration of Robotics in the Construction Industry Fuels Asia Pacific Industrial Automation Market
Construction is one of the most manual-intensive industries, with physical labor being the primary source of productivity. Robots do not yet play a substantial role in any stage of a building’s lifecycle, whether it be new commercial construction, refurbishment, or deconstruction. However, with rising automation across all industries, the global construction sector is also experiencing a surge in investment in automated solutions, such as robots.
Several types of robots are being extensively adopted across the construction industry are 3D printing, demolition, and remote-controlled or autonomous vehicles. Since automation across the construction industry is in a very nascent stage, it is expected to propel over the coming years, thereby supporting the market. Due to these opportunities across the sector, several companies have invested heavily in developing advanced construction robots. These factors further fuel the adoption of robots across the construction industry, which is expected to contribute to the market’s growth over the forecast period.
Asia Pacific Industrial Automation Market Overview
The adoption of automation in manufacturing, automotive, electronics, and other industrial sectors is rapidly increasing in APAC. The region is experiencing an upsurge in demand for high-quality products and services, which is driving manufacturers to invest in automation to improve efficiency and productivity. The growing focus on lowering operational costs and improving product quality is leading to the adoption of automation solutions. The increased availability of skilled labor in the region is making it easier for companies to implement automation solutions.
Companies such as ABB, Siemens, and Schneider Electric are operating in the Asia Pacific industrial automation market in APAC. They are investing in R&D and expanding their regional footprint, which is driving the APAC Asia Pacific industrial automation market growth. China, India, Indonesia, and other rapidly growing economies are investing heavily in infrastructure and manufacturing, which is creating a demand for automation solutions. For instance, in 2020, a local food-processing company in China invested US$ 4.6 million in automating one of its workshops that produces caramel treats, and by doing so was able to reduce the number of workers there by nearly 70%. Thus, such growing investment in automation solutions is fueling the Asia Pacific industrial automation market in the region.
Asia Pacific Industrial Automation Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Industrial Automation Market Segmentation
The Asia Pacific industrial automation market is segmented into component, system, end user, and country.
Based on component, the Asia Pacific industrial automation market is segmented into hardware and software. The hardware segment held a larger share of the Asia Pacific industrial automation market in 2022. The hardware is further sub segmented into motors and drives, robots, sensors, machine vision systems, and others.
Based on system, the Asia Pacific industrial automation market is segmented into supervisory control and data acquisition, distributed control system, programmable logic control, and other. The distributed control system segment held the largest share of the Asia Pacific industrial automation market in 2022.
Based on end user, the Asia Pacific industrial automation market is segmented into oil & gas, automotive, food & beverage, chemical & materials, aerospace & defense, and others. The automotive segment held the largest share of the Asia Pacific industrial automation market in 2022.
Based on country, the Asia Pacific industrial automation market is segmented int o Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific industrial automation market in 2022.
ABB Ltd, Bosch Rexroth AG, Emerson Electric Co, Hitachi Ltd, Honeywell International Inc, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, and Siemens AG are some of the leading companies operating in the Asia Pacific industrial automation market.
Summary Info
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According to the research team’ research, the Asia Pacific industrial automation market was valued at US$ 66,901.9 million in 2022 and is expected to reach US$ 135,262.1 million by 2030, registering a CAGR of 9.2% from 2022 to 2030. Rising uptake of automation across food & beverage industry and increase in machine vision systems adoption for industrial automation are among the critical factors attributed to the Asia Pacific industrial automation market expansion.
Machine vision users and systems integrators have exploited better imaging, optics, illumination, and software for nearly 40 years. Even though machine vision is a somewhat mature technology, lower component, software, and engineering costs and increased simplicity of use and application expansion continue to drive machine vision acceptance across industries.
In 2021, due to the COVID-19 pandemic, manufacturers accelerated the deployment of machine vision technology for industrial automation to keep operations running as effectively as possible and keep up with the increasing demand as businesses scrambled to bolster digital infrastructure, supporting remote workers.
Additionally, logistics-related apps experienced a rise due to a surge in online purchase volumes. Imaging systems in retail distribution centers and automated warehouse storage and retrieval systems, and manufacturers of PPE-related items, such as face masks, face shields, protective garments, and respirators were among them. Other factors influencing the uptake of machine vision systems for industrial automation include predictive maintenance, packaging inspection, automated barcode reading, product and component assembly, defect reduction, and 3D vision inspection.
Moreover, the rise in investment by companies to develop new products through machine vision technology for industrial automation is further propelling the market. Thus, the rise in investments by companies is boosting the uptake of machine vision systems for industrial automation.
On the contrary, the requirement of high initial investment hampers the Asia Pacific industrial automation market.
Based on component, the Asia Pacific industrial automation market is segmented into hardware and software. The hardware segment held 69.0% share of Asia Pacific industrial automation market in 2022, amassing US$ 46.16 million. It is projected to garner US$ 96.87 million by 2030 to expand at 9.7% CAGR during 2022–2030. The hardware is further sub segmented into motors and drives, robots, sensors, machine vision systems, and others.
Based on system, the Asia Pacific industrial automation market is segmented into supervisory control and data acquisition, distributed control system, programmable logic control, and other. The distributed control system segment held 29.6% share of Asia Pacific industrial automation market in 2022, amassing US$ 19.82 million. It is projected to garner US$ 42.84 million by 2030 to expand at 10.1% CAGR during 2022–2030.
Based on end user, the Asia Pacific industrial automation market is segmented into oil & gas, automotive, food & beverage, chemical & materials, aerospace & defense, and others. The automotive segment held 28.2% share of Asia Pacific industrial automation market in 2022, amassing US$ 18.84 million. It is projected to garner US$ 41.38 million by 2030 to expand at 10.3% CAGR during 2022–2030.
Based on country, the Asia Pacific industrial automation market has been categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 42.6% share of Asia Pacific industrial automation market in 2022. It was assessed at US$ 28.52 million in 2022 and is likely to hit US$ 62.44 million by 2030, exhibiting a CAGR of 10.3% during 2022–2030.
Key players operating in the Asia Pacific industrial automation market are ABB Ltd, Bosch Rexroth AG, Emerson Electric Co, Hitachi Ltd, Honeywell International Inc, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, and Siemens AG, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific Industrial Automation Market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Industrial Automation Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Industrial Automation Market Landscape
4.1 Overview
4.2 Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain:
5. Asia Pacific Industrial Automation Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Rising Uptake of Automation across Food & Beverage Industry
5.1.2 Increase in Machine Vision Systems Adoption for Industrial Automation
5.2 Market Restraints
5.2.1 Requirement of High Initial Investment
5.3 Market Opportunities
5.3.1 Integration of Robotics in the Construction Industry
5.4 Future Trends
5.4.1 Surging Demand for Automation in the E-commerce Industry
5.5 Impact of Drivers and Restraints:
6. Industrial Automation Market – Asia Pacific Market Analysis
6.1 Asia Pacific Industrial Automation Market Overview
6.2 Asia Pacific Industrial Automation Market Revenue (US$ Billion), 2022 – 2030
6.3 Asia Pacific Industrial Automation Market Forecast and Analysis
7. Asia Pacific Industrial Automation Market Analysis – Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
7.1.3 Motors and Drives
7.1.3.1 Overview
7.1.4 Robots
7.1.4.1 Overview
7.1.5 Sensors
7.1.5.1 Overview
7.1.6 Machine Vision Systems
7.1.6.1 Overview
7.1.7 Others
7.1.7.1 Overview
7.2 Software
7.2.1 Overview
7.2.2 Software: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
8. Asia Pacific Industrial Automation Market Analysis – System
8.1 Supervisory Control and Data Acquisition
8.1.1 Overview
8.1.2 Supervisory Control and Data Acquisition: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
8.2 Distributed Control System
8.2.1 Overview
8.2.2 Distributed Control System: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
8.3 Programmable Logic Control
8.3.1 Overview
8.3.2 Programmable Logic Control: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
8.4 Others
8.4.1 Overview
8.4.2 Others: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
9. Asia Pacific Industrial Automation Market Analysis – End User
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
9.2 Oil and Gas
9.2.1 Overview
9.2.2 Oil and Gas: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
9.3 Food and Beverage
9.3.1 Overview
9.3.2 Food and Beverage: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
9.4 Chemicals and Materials
9.4.1 Overview
9.4.2 Chemicals and Materials: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
9.5 Aerospace and Defense
9.5.1 Overview
9.5.2 Aerospace and Defense: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
10. Asia Pacific Industrial Automation Market – Country Analysis
10.1 Asia Pacific Industrial Automation Market
10.1.1 Asia Pacific Industrial Automation Market Breakdown by Countries
10.1.1.1 Australia: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.1.1 Australia Asia Pacific Industrial Automation Market Breakdown by Component
10.1.1.1.2 Australia Asia Pacific Industrial Automation Market Breakdown by System
10.1.1.1.3 Australia Asia Pacific Industrial Automation Market Breakdown by End User
10.1.1.2 China: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 China Asia Pacific Industrial Automation Market Breakdown by Component
10.1.1.2.2 China Asia Pacific Industrial Automation Market Breakdown by System
10.1.1.2.3 China Asia Pacific Industrial Automation Market Breakdown by End User
10.1.1.3 India: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 India Asia Pacific Industrial Automation Market Breakdown by Component
10.1.1.3.2 India Asia Pacific Industrial Automation Market Breakdown by System
10.1.1.3.3 India Asia Pacific Industrial Automation Market Breakdown by End User
10.1.1.4 Japan: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Japan Asia Pacific Industrial Automation Market Breakdown by Component
10.1.1.4.2 Japan Asia Pacific Industrial Automation Market Breakdown by System
10.1.1.4.3 Japan Asia Pacific Industrial Automation Market Breakdown by End User
10.1.1.5 South Korea: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.5.1 South Korea: Asia Pacific Industrial Automation Market Breakdown by Component
10.1.1.5.2 South Korea: Asia Pacific Industrial Automation Market Breakdown by System
10.1.1.5.3 South Korea: Asia Pacific Industrial Automation Market Breakdown by End User
10.1.1.6 Rest of Asia Pacific: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.6.1 Rest of Asia Pacific Industrial Automation Market Breakdown by Component
10.1.1.6.2 Rest of Asia Pacific Industrial Automation Market Breakdown by System
10.1.1.6.3 Rest of Asia Pacific Industrial Automation Market Breakdown by End User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bosch Rexroth AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Emerson Electric Co
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hitachi Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Mitsubishi Electric Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 OMRON Corp
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Rockwell Automation Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Schneider Electric SE
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Siemens AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Word Index
LIST OF TABLES
Table 1. Asia Pacific Industrial Automation Market Segmentation
Table 2. Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Billion)
Table 3. Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Billion) – Hardware
Table 4. Asia Pacific Industrial Automation Market, by Country – Revenue and Forecast to 2030 (USD Billion)
Table 5. Australia: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 6. Australia: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Hardware
Table 7. Australia: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By System
Table 8. Australia: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 9. China: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 10. China: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Hardware
Table 11. China: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By System
Table 12. China: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 13. India: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 14. India: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Hardware
Table 15. India: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By System
Table 16. India: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 17. Japan: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 18. Japan: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Hardware
Table 19. Japan: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By System
Table 20. Japan: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 21. South Korea: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 22. South Korea: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Hardware
Table 23. South Korea: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By System
Table 24. South Korea: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 25. Rest of Asia Pacific: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 26. Rest of Asia Pacific: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By Hardware
Table 27. Rest of Asia Pacific: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By System
Table 28. Rest of Asia Pacific: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 29. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Industrial Automation Market Segmentation, By Country
Figure 2. Asia Pacific– PEST Analysis
Figure 3. Ecosystem: Asia Pacific Industrial Automation Market
Figure 4. Asia Pacific Industrial Automation Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Asia Pacific Industrial Automation Market Revenue (US$ Billion), 2022 & 2030
Figure 7. Asia Pacific Industrial Automation Market Share (%) – Component, 2022 and 2030
Figure 8. Hardware: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 9. Software: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 10. Asia Pacific Industrial Automation Market Share (%) – System, 2022 and 2030
Figure 11. Supervisory Control and Data Acquisition: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 12. Distributed Control System: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 13. Programmable Logic Control: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 14. Others: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 15. Asia Pacific Industrial Automation Market Share (%) – End User, 2022 and 2030
Figure 16. Automotive: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 17. Oil and Gas: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 18. Food and Beverage: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 19. Chemicals and Materials: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 20. Aerospace and Defense: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 21. Others: Asia Pacific Industrial Automation Market – Revenue and Forecasts to 2030 (US$ Billion)
Figure 22. Asia Pacific Industrial Automation Market, 2022 ($Bn)
Figure 23. Asia Pacific Industrial Automation Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 24. Australia: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. China: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. India: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Japan: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. South Korea: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 29. Rest of Asia Pacific: Asia Pacific Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
The List of Companies – Asia Pacific Industrial Automation Market
o ABB Ltd
o Bosch Rexroth AG
o Emerson Electric Co
o Hitachi Ltd
o Honeywell International Inc
o Mitsubishi Electric Corp
o OMRON Corp
o Rockwell Automation Inc
o Schneider Electric SE
o Siemens AG
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