China Industrial Process Automation Market by Component (Manufacturing Execution System (MES), Distributed Control System (DCS), Programmable Logic Control (PLC), Supervisory Control & Data Acquisition (SCADA), Field Instruments, Industrial Robots, and Process Analyzers and Drives), and by End-User (Oil & Gas, Chemical & Refining, Energy & Power, Pulp & Paper, Metals & Mining, Pharmaceutical, Cement & Glass, and Others) – Opportunity Analysis and Industry Forecast, 2024–2030
Industry: Semiconductor & Electronics | Publish Date: 04-Dec-2024 | No of Pages: 123 | No. of Tables: 89 | No. of Figures: 54 | Format: PDF | Report Code : SE1003
China Industrial Process Automation Market Overview
The China Industrial Process Automation Market size was valued at USD 10.39 billion in 2023, and is predicted to reach USD 18.10 billion by 2030, at a CAGR of 7.7% from 2024 to 2030. The industrial process automation sector represents the industry that delivers technologies and systems aimed at monitoring, controlling, and optimizing industrial operations.
It involves integrating advanced computer technology, hardware, and software to automate critical processes such as inventory management, manufacturing, production, and quality control. Key technologies driving automation in this market include sensors, programmable logic controllers (PLCs), human-machine interfaces (HMIs), and supervisory control and data acquisition (SCADA) systems.
This market supports industries such as oil and gas, chemical processing, food and beverage, and pharmaceuticals, where automation is essential for enhancing efficiency, improving product quality, and ensuring workplace safety. By reducing operational costs and minimizing human errors, industrial process automation helps companies streamline production processes, delivering higher output with greater precision.
As businesses aim to improve productivity and remain competitive in an increasingly automated global manufacturing landscape, the demand for automation sensors continue to rise.
Government Initiatives Boosts Market Growth
Government initiatives are crucial in advancing the industrial process automation market. China’s "Made in China 2025" plan, for instance, aims to modernize its manufacturing sector by integrating advanced technologies such as Manufacturing Execution Systems (MES), Distributed Control Systems (DCS), and Human-Machine Interfaces (HMI).
These efforts focus on enhancing manufacturing capabilities and promoting the adoption of automation across key industries, including oil & gas, power generation, and chemicals. By implementing these advanced systems, businesses can improve operational efficiency, reduce manual labor, and boost productivity.
Consequently, the China industrial process automation market growth is significantly driven by these government-led efforts, that support technological advancement and sector modernization, ultimately enhancing overall industry development.
Energy Reduction Goals Accelerate Automation Integration
The country's ambitious energy reduction and carbon neutrality goals are also propelling the China industrial process automation market demand. As the largest global energy consumer, China aims to achieve carbon neutrality by 2060.
To support this goal, the implementation of process automation systems such as DCS, PLC, and SCADA is crucial in industries such as manufacturing and power generation. These systems enhance operational control, boost productivity, and reduce energy consumption and carbon emissions through real-time monitoring and analysis.
Lack of Standardization Hinders the Expansion of Industrial Process Automation Market
The lack of standardization is a major challenge that can limit the China 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 industry expansion.
Industry 4.0 Technologies Paving the Way for Future Automation Opportunities
The progress in industry 4.0 technologies, including the internet of things (IoT), cloud computing, and artificial intelligence (AI), is generating considerable opportunities for the industrial process automation market.
These advancements enable companies to gather and analyze vast amounts of data in real time, offering critical insights into their operations and identifying areas for improvement. As technology continues to advance, industry participants are partnering with tech-focused firms to create new solutions based on established technologies.
Competitive Landscape
Several market players operating in the China 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.
China Industrial Process Automation Market Key Segments
By Component
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Manufacturing Execution Systems
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Hardware
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Software
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Services
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Distributed Control Systems
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Hardware
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Software
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Services
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Programmable Logic Control
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Hardware
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Software
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Services
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Supervisory Control and Data Acquisition (SCADA)
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Hardware
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Software
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Services
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Field Instruments
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Industrial Robots
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Process Analyzers & Drives
By End-User
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Oil & Gas
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Chemical & Refining
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Energy & Power
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Pulp & Paper
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Metals & Mining
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Pharmaceutical
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Cement & Glass
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Others
Key Players
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Siemens AG
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Honeywell International
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Schneider Electric
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Mitsubishi Electric
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Rockwell Automation
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Emerson Electric Co.
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ABB Ltd.
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Omron Corp.
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Fanuc Corp.
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Toshiba Corp.
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 10.39 Billion |
|
Revenue Forecast in 2030 |
USD 18.10 Billion |
|
Growth Rate |
CAGR of 7.7% 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. |
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