DUBLIN–(BUSINESS WIRE)–The “Industrial Automation Software – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Industrial Automation Software Market to Reach $56.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Industrial Automation Software estimated at US$36.5 Billion in the year 2020, is projected to reach a revised size of US$56.8 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027.
SCADA Software, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$19.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the DCS Software segment is readjusted to a revised 6.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $10.8 Billion, While China is Forecast to Grow at 6.2% CAGR
The Industrial Automation Software market in the U.S. is estimated at US$10.8 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$10 Billion by the year 2027 trailing a CAGR of 6.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.
MES Segment to Record 8.1% CAGR
In the global MES segment, USA, Canada, Japan, China and Europe will drive the 8.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.9 Billion in the year 2020 will reach a projected size of US$13.7 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.6 Billion by the year 2027.
Select Competitors (Total 46 Featured):
ABB Group Emerson Electric Company Honeywell International, Inc. Rockwell Automation, Inc. Schneider Electric SA Siemens AG Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
Influencer Market Insights Impact of Covid-19 and a Looming Global Recession World Current & Future Analysis for Industrial Automation Software by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Historic Review for Industrial Automation Software by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR World 15-Year Perspective for Industrial Automation Software by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027 World 15-Year Perspective for SCADA Software by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027 World 15-Year Perspective for DCS Software by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027 World 15-Year Perspective for MES by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027 World 15-Year Perspective for HMI Software by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027 World 15-Year Perspective for PLC Software by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027 III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 46 For more information about this report visit https://www.researchandmarkets.com/r/876mp4