Industry: Semiconductor & Electronics | Publish Date: 10-Oct-2024 | No of Pages: 123 | No. of Tables: 89 | No. of Figures: 54 | Format: PDF | Report Code : SE1006
The Africa Industrial Process Automation Market size was valued at USD 0.56 billion in 2023, and is predicted to reach USD 1.57 billion by 2030, at a CAGR of 14.8% from 2024 to 2030. The industrial process automation sector is centered on delivering technologies and systems that monitor, control, and optimize industrial operations.
It leverages advanced computer technology, hardware, and software to automate key processes such as inventory management, manufacturing, production, and quality control. Core technologies in this sector include sensors, programmable logic controllers (PLCs), human-machine interfaces (HMIs), and supervisory control and data acquisition (SCADA) systems.
Industries such as oil and gas, chemical processing, food and beverage, and pharmaceuticals depend on automation to boost efficiency, improve product quality, and ensure workplace safety. By reducing operational costs and minimizing human error, industrial process automation helps companies streamline production and achieve more accurate, higher outputs. As businesses seek to enhance productivity and remain competitive in an increasingly automated global manufacturing landscape, the demand for industrial automation solutions continue to rise.
The increasing investment in renewable energy sources such as solar, wind, and hydro is helping countries reduce their reliance on fossil fuels and support sustainable development. The adoption of industrial process automation systems, including Distributed Control Systems (DCS), Programmable Logic Controllers (PLC), and Manufacturing Execution Systems (MES), is essential for accelerating the transition to these renewable energy sources.
By utilizing these technologies, African nations can improve the efficiency, reliability, and scalability of renewable energy projects. This shift not only promotes sustainable development but also drives growth in the industrial process automation market in the region.
Government initiatives play a pivotal role in driving the Africa industrial process automation market demand. For instance, the Burkina Faso National Project of the Africa Minigrids Program (AMP), launched in February 2023 by Burkina Faso's Ministry of Energy, Mines, and Quarries (MEMC), the United Nations Development Programme (UNDP), and the Global Environment Facility (GEF), aims to boost access to clean energy through solar photovoltaic mini-grids.
The integration of DCS, PLC, and MES systems within this project will enhance the efficiency and reliability of these mini-grids, facilitating better energy management and cost reduction. Additionally, South Africa's commitment to the Fourth Industrial Revolution (4IR) and the implementation of UNIDO's 4IR principles is driving significant changes in business operations.
By adopting Industry 4.0 technologies, South African businesses can leverage industrial robots, sensors, and DCS systems to improve efficiency and productivity. These advancements are expected to spur the growth of the Africa industrial process automation market, reflecting the broader trend of embracing automation for enhanced operational performance.
The lack of standardization is a major challenge that can limit the growth of the Africa industrial process automation market expansion. Without common standards, vendors may develop proprietary systems that are hard to replace or upgrade. This can result in vendor lock-in, where companies become dependent on a specific vendor’s technology, restricting their ability to switch to other vendors.
Vendor lock-in often leads to increased costs, reduced flexibility, and less innovation, that negatively affect market growth. Companies might hesitate to invest in automation systems if they are worried about being tied to one vendor’s technology, further slowing the market expansion in Africa.
The advancements in industry 4.0 technologies, such as the internet of things (IoT), cloud computing, and artificial intelligence (AI), are opening up significant opportunities for the Africa industrial process automation market trends.
These technologies allow companies to gather and analyse large amounts of data in real-time, offering valuable insights into their operations and highlighting areas for improvement. As technology evolves quickly, market participants are partnering with tech-focused companies to create new solutions based on established technologies.
Several players operating in the Africa industrial process automation industry include Siemens AG, Honeywell International, Schneider Electric, Mitsubishi Electric, Rockwell Automation, Emerson Electric Co., ABB Ltd., Omron Corp., Fanuc Corp., Toshiba Corp., and others.
Manufacturing Execution Systems
Hardware
Software
Services
Distributed Control Systems
Hardware
Software
Services
Programmable Logic Control
Hardware
Software
Services
Supervisory Control and Data Acquisition (SCADA)
Hardware
Software
Services
Field Instruments
Industrial Robots
Process Analyzers & Drives
Oil & Gas
Chemical & Refining
Energy & Power
Pulp & Paper
Metals & Mining
Pharmaceutical
Cement & Glass
Others
Siemens AG
Honeywell International
Schneider Electric
Mitsubishi Electric
Rockwell Automation
Emerson Electric Co.
ABB Ltd.
Omron Corp.
Fanuc Corp.
Toshiba Corp.
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 0.56 Billion |
Revenue Forecast in 2030 |
USD 1.57 Billion |
Growth Rate |
CAGR of 14.8% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |