Discrete Automation Market is Projected to Grow Expeditiously: to Reach $7.82 Billion by 2029
This report presents a fact-based view of the discrete automation sector to help companies respond to market shifts and uncover growth potential.
How Much Is The Discrete Automation Market Worth?
The discrete automation market size has grown strongly in recent years. It will grow from $5.98 billion in 2024 to $6.35 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to growing complexity of manufacturing processes, need for operational efficiency, regulatory compliance requirements, increasing labor costs, demand for quality and precision.
The discrete automation market size is expected to see strong growth in the next few years. It will grow to $7.82 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to adoption of industry 4.0 technologies, focus on flexible and agile manufacturing, emergence of edge computing solutions, emphasis on sustainability and energy efficiency, expansion of internet of things (IoT) applications. Major trends in the forecast period include rise of digital twins in manufacturing, increased use of cloud-based automation platforms, expansion of predictive maintenance solutions, development of autonomous manufacturing systems, surge in demand for cybersecurity solutions in automation.
Get your free sample today:
Discrete Automation Market Report 2025, Size, Analysis, Forecast Sample
What Are The Current Leading Growth Drivers For Discrete Automation Market?
The increasing demand for efficient manufacturing is expected to propel the growth of the discrete automation market going forward. Efficient manufacturing refers to the ability to produce goods with the lowest possible total cost while minimizing waste of materials, time, and energy and increasing the effectiveness and quality of the work done. Rising labor costs, fluctuating raw material prices, and escalating energy expenses compel manufacturers to seek methods for process optimization and cost reduction, thereby driving the pursuit of efficient manufacturing practices. Discrete automation technologies, including robotics, PLCs (programmable logic controllers), and conveyor systems, streamline production processes by enabling automated assembly lines to operate continuously at consistent speeds, thus enhancing productivity and reducing cycle times. For instance, in September 2023, according to a publication by the International Federation of Robotics (IFR), a Germany-based non-profit organization, industrial robot installations reached a new record level of 553,052 units in 2022, marking a 5% increase from the previous year's high of 526,144 units installed in 2021. Therefore, the increasing demand for efficient manufacturing is driving the growth of the discrete automation market.
Which Segment Accounted For The Largest Discrete Automation Market Share?
The discrete automationmarket covered in this report is segmented –
1) By Type: Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Programmable Logic Controllers (PLC), Distributed Control System (DCS), Other Types
2) By Component: Solutions, Services
3) By Application: Packaging, Automotive, Textile, Aerospace And Defense, Food Processing, Other Applications
Subsegments:
1) By Product Lifecycle Management (PLM): Product Data Management (PDM), Product Design And Development, Change Management, Collaboration Tools
2) By Manufacturing Execution System (MES): Production Monitoring, Process Control, Quality Management, Inventory Management, Scheduling And Dispatching
3) By Programmable Logic Controllers (PLC): Modular PLC, Compact PLC, Rack-Mounted PLC
4) By Distributed Control System (DCS): Process Control Systems, Supervisory Control Systems, Integrated Control Systems
5) By Other Types: Human-Machine Interface (HMI), Supervisory Control And Data Acquisition (SCADA), Industrial Robots, Motion Control Systems
Discrete Automation Market Emerging Trends And Opportunities
Major companies operating in the discrete automation market are increasing their focus on developing advanced solutions, such as life cycle assessment (LCA) automation, to gain a competitive edge in the market. LCA automation refers to a technology that offers a comprehensive solution for discrete manufacturing, integrating advanced automation technologies to streamline production processes, optimize efficiency, and enhance overall productivity. For instance, in March 2023, Sphera Solutions Inc., a US-based software company, launched the latest advancement in LCA automation, revolutionizing product sustainability practices in discrete manufacturing. With Sphera's new solution, conducting enterprise-wide LCA analyses will transition from months to mere minutes, drastically improving efficiency. By automatically importing primary product data from the Bill of Materials (BOM) and swiftly calculating emissions, this iteration empowers discrete manufacturers to conduct reliable LCAs at scale across their entire product range within condensed timeframes. The ultimate aim of LCA Automation is to enable businesses, particularly those dealing with intricate products, to systematically reduce greenhouse gas (GHG) emissions throughout the production process, aligning with sustainability objectives.
Which Are The Top Companies To Hold The Market Share In Discrete Automation Market?
Major companies operating in the discrete automation market are Hitachi Ltd., Siemens AG, Cisco Systems Inc., Mitsubishi Electric Corporation, Honeywell International Inc., ABB Ltd., Invensys plc (Schneider Electric Co.), Toshiba Corporation, Eaton Corporation plc, Texas Instruments Incorporated, Emerson Electric Co., GE Grid Solutions, ANDRITZ GROUP, Rockwell Automation Inc., Omron Corporation, Valmet Oyj, Azbil Corporation, Ingeteam, Chongqing Chuanyi Automation Co. Ltd., HollySys Automation Technologies, Nanjing Sciyon Automation Group Co. Ltd., Beijing consen Technology Co. Ltd., Shanghai Automation Instrumentation Co. Ltd., Yokogawa Electric Corporation, ZAT Company, SUPCON Technology Co. Ltd., Shanghai Xin Hua Control Technology (Group) Co. Ltd., Nanjing Delto Technology
View the full discrete automation market report here:
Discrete Automation Market Report 2025, Size, Analysis, Forecast
Which Region Is Projected To Account For The Largest Share Of The Discrete Automation Market?
Asia-Pacific was the largest region in the discrete automation market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the discrete automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Contact Us:
The Business Research Company
Market Research Reports
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info
Follow Us On:
LinkedIn: The Business Research Company | LinkedIn
Comments
Post a Comment