South & Central America Industrial Automation Market Forecast to 2030
South & Central America 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 South & Central America 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.
South & Central America Industrial Automation Market Overview
In SAM, the manufacturing sector is growing rapidly, and companies in this sector are increasingly adopting automation technologies to improve productivity, efficiency, and product quality. SAM is one of the fastest-growing adopters of Industry 4.0 technologies. The rise in Industry 4.0, or the fourth industrial revolution, is attributed to the use of artificial intelligence, robotics, big data analytics, and other advanced technologies in manufacturing.
Additionally, governments of various countries in SAM are providing support to boost the adoption of automation technologies through subsidies, tax breaks, and other incentives. The e-commerce sector is growing rapidly in SAM, and this is creating a demand for automation technologies in the logistics and warehousing sectors.
A few of the key players operating in the market include ABB, Siemens, Schneider Electric, Rockwell Automation, and Omron. These companies are innovating and developing new products and solutions to meet the rising demand for automation in SAM.
South & Central America Industrial Automation Market Revenue and Forecast to 2030 (US$ Billion)
South & Central America Industrial Automation Market Segmentation
The South & Central America industrial automation market is segmented into component, system, end user, and country.
Based on component, the South & Central America industrial automation market is segmented into hardware and software. The hardware segment held a larger share of the South & Central America 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 South & Central America 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 South & Central America industrial automation market in 2022.
Based on end user, the South & Central America 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 South & Central America industrial automation market in 2022.
Based on country, the South & Central America industrial automation market is segmented int o Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America 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 South & Central America industrial automation market.
Summary Info
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According to the research team’ research, the South & Central America industrial automation market was valued at US$ 2,790.50 million in 2022 and is expected to reach US$ 4,388.27 million by 2030, registering a CAGR of 5.8% from 2022 to 2030. Rising uptake of automation across food & beverage industry and surging demand for automation in the e-commerce industry are among the critical factors attributed to the South & Central America industrial automation market expansion.
The increasing number of online shoppers across both the regions is constantly influencing the adoption of automation across the e-commerce industry. Significant automation applications across the sector include workflow process automation and automated storage and inventory retrieval.
Inventory sold by e-commerce sellers is stored in warehouses, and to reduce the time for sorting and stocking of these products, Automated Storage and Retrieval Systems (ASRS) seems to be one of the best tools. The purchasing pattern of consumers is moving toward online shopping. Further, customers expect faster delivery time, owing to which e-commerce players are adopting automation in their processes. The fluctuations in demand of stock-keeping units (SKUs) create complexities in picking operations, which slows down the fulfillment process.
The demand for automation in e-commerce is highly varying, owing to which the forward pick areas must be continuously adjusted to aid the fluctuation in demand. Along with managing SKU demand fluctuations, an ASRS also advances the fulfillment process, thus allowing e-commerce and omnichannel retailers to adhere better to service level agreements by fulfilling order delivery commitments.
Several e-commerce giants have also increased their investment in automating their warehouse facilities over the years. Additionally, new products and technologies are being launched regularly to support the growing automation of warehouses. For instance, in June 2022, Amazon announced the launch of a new fleet of robots and automated systems. An autonomous robot, named Proteus, and robotic system titled Cardinal, was announced by Amazon. As per the company, Proteus allows for full autonomy of the warehouse floor and can operate in a manner that augments simple, safe interaction between technology and people. These factors are expected to boost the growth of the South & Central America industrial automation market over the forecast period.
On the contrary, the requirement of high initial investment hampers the South & Central America industrial automation market.
Based on component, the South & Central America industrial automation market is segmented into hardware and software. The hardware segment held 68.1% share of South & Central America industrial automation market in 2022, amassing US$ 1.90 billion. It is projected to garner US$ 3.10 billion by 2030 to expand at 6.3% 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 South & Central America 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 28.1% share of South & Central America industrial automation market in 2022, amassing US$ 0.78 billion. It is projected to garner US$ 1.32 billion by 2030 to expand at 6.7% CAGR during 2022–2030.
Based on end user, the South & Central America industrial automation market is segmented into oil & gas, automotive, food & beverage, chemical & materials, aerospace & defense, and others. The automotive segment held 27.6% share of South & Central America industrial automation market in 2022, amassing US$ 0.77 billion. It is projected to garner US$ 1.32 billion by 2030 to expand at 6.9% CAGR during 2022–2030.
Based on country, the South & Central America industrial automation market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 54.4% share of South & Central America industrial automation market in 2022. It was assessed at US$ 1.52 billion in 2022 and is likely to hit US$ 2.49 billion by 2030, exhibiting a CAGR of 6.4% during 2022–2030.
Key players operating in the South & Central America 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 South & Central America 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 South & Central America 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 South & Central America 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. South & Central America Industrial Automation Market Landscape
4.1 Overview
4.2 South & Central America PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain:
5. South & Central America 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 – South & Central America Market Analysis
6.1 South & Central America Industrial Automation Market Overview
6.2 South & Central America Industrial Automation Market Revenue (US$ Billion), 2022 – 2030
6.3 South & Central America Industrial Automation Market Forecast and Analysis
7. South & Central America Industrial Automation Market Analysis – Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: South & Central America 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: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8. South & Central America Industrial Automation Market Analysis – System
8.1 Supervisory Control and Data Acquisition
8.1.1 Overview
8.1.2 Supervisory Control and Data Acquisition: South & Central America 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: South & Central America 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: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8.4 Others
8.4.1 Overview
8.4.2 Others: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9. South & Central America Industrial Automation Market Analysis – End User
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive: South & Central America 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: South & Central America 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: South & Central America 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: South & Central America 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: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
10. South & Central America Industrial Automation Market – Country Analysis
10.1 South & Central America Industrial Automation Market Overview
10.1.1 South & Central America Industrial Automation Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 Brazil: South & Central America Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.1.1 Brazil: South & Central America Industrial Automation Market Breakdown by Component
10.1.1.1.2 Brazil: South & Central America Industrial Automation Market Breakdown by System
10.1.1.1.3 Brazil: South & Central America Industrial Automation Market Breakdown by End User
10.1.1.2 Argentina: South & Central America Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Argentina: South & Central America Industrial Automation Market Breakdown by Component
10.1.1.2.2 Argentina: South & Central America Industrial Automation Market Breakdown by System
10.1.1.2.3 Argentina: South & Central America Industrial Automation Market Breakdown by End User
10.1.1.3 Rest of South & Central America: South & Central America Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Rest of South & Central America: South & Central America Industrial Automation Market Breakdown by Component
10.1.1.3.2 Rest of South & Central America: South & Central America Industrial Automation Market Breakdown by System
10.1.1.3.3 Rest of South & Central America: South & Central America 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. South & Central America Industrial Automation Market Segmentation
Table 2. South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Billion)
Table 3. South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Billion) – Hardware
Table 4. South and Central America South & Central America Industrial Automation Market, by Country – Revenue and Forecast to 2030 (USD Billion)
Table 5. Brazil: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 6. Brazil: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 7. Brazil: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 8. Brazil: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 9. Argentina: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 10. Argentina: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 11. Argentina: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 12. Argentina: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 13. Rest of South & Central America: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 14. Rest of South & Central America: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 15. Rest of South & Central America: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 16. Rest of South & Central America: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 17. List of Abbreviation
LIST OF FIGURES
Figure 1. South & Central America Industrial Automation Market Segmentation, By Country
Figure 2. South & Central America – PEST Analysis
Figure 3. Ecosystem: South & Central America Industrial Automation Market
Figure 4. South & Central America Industrial Automation Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. South & Central America Industrial Automation Market Revenue (US$ Billion), 2022 & 2030
Figure 7. South & Central America Industrial Automation Market Share (%) – Component, 2022 and 2030
Figure 8. Hardware: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 9. Software: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 10. South & Central America Industrial Automation Market Share (%) – System, 2022 and 2030
Figure 11. Supervisory Control and Data Acquisition: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 12. Distributed Control System: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 13. Programmable Logic Control: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 14. Others: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 15. South & Central America Industrial Automation Market Share (%) – End User, 2022 and 2030
Figure 16. Automotive: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 17. Oil and Gas: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 18. Food and Beverage: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 19. Chemicals and Materials: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 20. Aerospace and Defense: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 21. Others: South & Central America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 22. South & Central America Industrial Automation Market, 2022 ($Bn)
Figure 23. South & Central America Industrial Automation Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. Brazil: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Argentina: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Rest of South & Central America: South & Central America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – South and Central America 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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