According to latest analysis by Gen Consulting Company, the global manufacturing and process control market is poised to grow by USD 39 billion during 2022-2028, progressing at a CAGR of 5.9% during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, end user, and region. The global market data on manufacturing and process control can be segmented by product: software, sensors, relays. The software segment held the largest revenue share in 2021. Manufacturing and process control market is further segmented by end user: automotive and transportation, chemicals, electronics, healthcare, machine tools, packaging, textiles, utilities, others. Among these, the automotive and transportation segment was accounted for the highest revenue generator in 2021. Based on region, the manufacturing and process control market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific captured the largest share of the market in 2021.
The software market is further segmented into enterprise resource planning, CAD/CAM, product development process, product lifecycle management. Globally, the enterprise resource planning segment made up the largest share of the manufacturing and process control market. Furthermore, the sensors market has been categorized into pressure, temperature, photoelectric, fiber optic, others. The pressure segment was the largest contributor to the global manufacturing and process control market in 2021. The relays market is further divided into overcurrent relay, temperature relay, time relay. The overcurrent relay segment is estimated to account for the largest share of the global manufacturing and process control market.
The global manufacturing and process control market is highly competitive. The report also includes the profiles of leading companies such as ABB Ltd., AMETEK Inc., Aspen Technology Inc., Emerson Electric Corp., Endress+Hauser Group, Hewlett Packard Enterprise (HPE) Company, Honeywell International Inc., IBM Corp., Infosys Limited, Mitsubishi Electric Corp., National Instruments Corp., Omron Corp., Onto Innovation Inc., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, Tata Consultancy Services Ltd, Yokogawa Electric Corp.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 5.9% |
| Pages | 27 |
| Key Players | ABB Ltd., AMETEK Inc., Aspen Technology Inc., Emerson Electric Corp., Endress+Hauser Group, The Hewlett Packard Enterprise Company, Honeywell International Inc., IBM Corporation, Infosys Limited, Mitsubishi Electric Corp., National Instruments Corp., Omron Corp., Onto Innovation Inc., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, Tata Consultancy Services Ltd, Yokogawa Electric Corp. |
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