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Automation Software Market By Product (Supervisory Control And Data Acquisition (SCADA), Distributed Control System (DCS), Manufacturing Execution Systems (MES), Human Machine Interface (HMI), Programmable Logic Controller (PLC), End-Users (Power Industry, Automotive Industry, Oil And Gas Industry), & Region For 2024-2031


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Automation Software Market By Product (Supervisory Control And Data Acquisition (SCADA), Distributed Control System (DCS), Manufacturing Execution Systems (MES), Human Machine Interface (HMI), Programmable Logic Controller (PLC), End-Users (Power Industry, Automotive Industry, Oil And Gas Industry), & Region For 2024-2031

Automation Software Market Valuation – 2024-2031

Automation software is the support system in controlling the overall industrial process. The increasing dynamic needs of various industries and complex operations and processes are driving the demand for industrial automation software. According to the analyst from Market Research, the Automation Software Market size is estimated at USD 22 Billion in 2023, and is expected to reach USD 78 Billion by 2031.

Industrial automation helps in reducing the machine hours required for operations, which can be made possible only through robust software. Growing at a CAGR of 16.79% from 2024 to 2031.

Automation Software MarketDefinition/ Overview

Automation software refers to computer programs or tools designed to automate repetitive tasks, processes, or workflows without human intervention. These software solutions utilize algorithms, scripts, or predefined rules to execute tasks automatically, streamlining operations, reducing manual effort, and improving efficiency.

This software can range from simple scripting tools that automate basic tasks to complex systems that orchestrate and manage entire business processes across multiple systems and applications. Examples of automation software include robotic process automation (RPA) platforms, workflow automation tools, batch processing systems, and task scheduling software.

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Which are the Drivers Encouraging the Adoption of Automation Software Market?

Automation software adoption is driven by several factors, including increased operational efficiency, productivity, technological advancements in AI, machine learning, and robotics, the complexity of business processes and IT environments, and improved accuracy and compliance. Organizations seek to streamline processes, reduce manual effort, and optimize resource utilization. Automation software automates repetitive tasks, allowing employees to focus on value-added activities. The proliferation of digital technologies, cloud computing, and interconnected systems presents complex workflows that require automation to manage effectively.

This type of software ensures consistency and accuracy, especially in highly regulated industries like finance, healthcare, and manufacturing. The trend towards digital transformation and the adoption of agile and DevOps methodologies is also contributing to automation software adoption. As organizations innovate and stay ahead of the competition, they leverage automation to accelerate software development, improve collaboration between development and operations teams, and deliver applications and services more efficiently. Automation software plays a crucial role in automating testing, deployment, and infrastructure provisioning processes, reducing time-to-market and increasing agility.

Which are the Restrains Impacting the Automation Software Market?

Automation software offers numerous benefits but also presents challenges for organizations. Employee resistance to change is a significant issue, as it requires them to adapt to new ways of working. To overcome this, organizations must invest in change management initiatives, communication strategies, and training programs.

Interoperability and integration issues are other challenge affecting organizations as they often operate in complex IT environments with legacy systems, disparate applications, and diverse technologies. The need for careful planning, mapping, and defining clear objectives for the management of complex automation workflows is likely to lower the application of automation software. Security and resilience of automated processes are also posing as critical challenges. As organizations increasingly rely on automation software for mission-critical functions, any security vulnerabilities or system failures can lead to data breaches, downtime, and financial losses. Thus, organizations must implement robust security measures like encryption, access controls, and audit trails to protect automated processes and mitigate risks.

Similarly, compliance with regulations governing data privacy, security, and governance is impacting the market. Thus, the need for careful data handling practices, auditability of automated processes, and adherence to industry standards and best practices will further hinder the market growth.

Category-Wise Acumens

How Manufacturing Execution Systems (MES) helps in Growth of the Automation Software Market?

According to analysis, manufacturing execution systems (MES) are a key component in the Automation Software Market, enabling real-time visibility and control over manufacturing operations. They capture and analyze data from various sources, allowing manufacturers to monitor key performance indicators (KPIs) such as production throughput, yield rates, and equipment uptime. MES solutions also facilitate seamless integration across the manufacturing value chain, connecting disparate systems and technologies to enable end-to-end automation. This integration streamlines processes, reduces manual effort, and eliminates errors, driving operational efficiency and agility.

MES empowers manufacturers to implement advanced manufacturing techniques like lean manufacturing, Six Sigma, and continuous improvement initiatives by automating workflows, enforcing standard operating procedures, and providing real-time feedback. MES also plays a crucial role in enabling digital transformation initiatives within manufacturing industries, enabling advanced analytics, predictive maintenance, and prescriptive insights. By automating and optimizing manufacturing processes, MES helps manufacturers adapt to changing market dynamics, meet evolving customer demands, and stay competitive in the digital age.

Will Demand for Automation Software Upsurge in Oil and Gas Industry?

The oil and gas industry is experiencing a surge in automation software adoption due to various factors. The primary driver is the need for cost reduction and operational efficiency, as oil companies are under pressure to minimize costs while maximizing production output. Automation software helps streamline processes, automate routine tasks, and optimize resource utilization, leading to cost savings and improved profitability. The complexity of operations in the industry also makes automation software essential for managing critical processes and workflows, such as refineries, pipelines, and offshore platforms.

Safety and regulatory compliance are also driving the adoption of automation software. It helps mitigate risks associated with accidents, leaks, and environmental incidents by implementing safety protocols, monitoring equipment performance, and detecting anomalies in real-time. Automation software also enables compliance with regulatory requirements and industry standards, reducing fines, penalties, and reputational damage.

The adoption of digital technologies and Industry 4.0 principles is also accelerating the adoption of automation software. It enables companies to modernize operations, improve decision-making, and drive innovation. Additionally, automation software is being used to reduce environmental sustainability and carbon footprint, contributing to their sustainability goals and environmental stewardship efforts.

Gain Access to Automation Software Market Report Methodology

Country/Region-wise Acumens

Which Region has Most Potential for Growth in Automation Software Market?

The Asia-Pacific region is experiencing significant growth in the Automation Software Market due to its robust economic growth, industrialization, and emphasis on Industry 4.0 and smart manufacturing initiatives. Countries like China, India, Japan, and South Korea are investing in manufacturing, infrastructure development, and digital transformation, leading to increased demand for automation solutions. Automation software plays a central role in enabling these initiatives by automating processes, optimizing workflows, and providing real-time insights.

The rapid expansion of e-commerce and digital platforms in APAC is also driving demand for automation software in areas like logistics, warehousing, and fulfilment. The increasing adoption of cloud computing and software-as-a-service (SaaS) solutions in APAC is making automation software more accessible to small and medium-sized enterprises (SMEs), driving widespread adoption across diverse industries. The region’s large and diverse population, rising disposable incomes, and urbanization are driving demand for consumer goods, healthcare services, and infrastructure development. Automation software is reshaping industries across APAC, driving efficiency, innovation, and growth.

Which Region Dominates the Automation Software Market?

North America is a leading market in automation software due to its diverse ecosystem of technology companies, start-ups, and enterprises. These companies continuously innovate in automation technology, introducing cutting-edge solutions for industries like manufacturing, healthcare, finance, and retail. The region’s advanced industrial infrastructure and digital maturity also contribute to the adoption of automation software. Industries like manufacturing, oil and gas, automotive, and logistics are early adopters of automation solutions, enabling them to optimize production processes, improve operational efficiency, and enhance competitiveness.

North America’s strong regulatory environment and focus on compliance drive the adoption of automation software in sectors like healthcare, finance, and pharmaceuticals. The region’s dynamic startup ecosystem and venture capital investment landscape, particularly Silicon Valley, attract talent and investment from around the world. Venture capital firms and investors recognize the potential of automation technology, fueling the market’s growth. North America’s leadership in cloud computing and software-as-a-service (SaaS) solutions accelerates the adoption of cloud-based automation software, allowing organizations to deploy solutions rapidly and cost-effectively.

Competitive Landscape

The competitive landscape in the Automation Software Market’s dynamic and evolving, driven by changing customer preferences, technological advancements, and market dynamics. Providers continue to innovate and differentiate their offerings to stay competitive and capture market share in this rapidly growing industry.

Some of the prominent players operating in the Automation Software Market include

SugarCRM Inc., Aptean, Creatio, Infor, Oracle, Pegasystems Inc., SAP SE, Salesforce Inc., Zoho Corporation Pvt. Ltd., Bullhorn Inc., Microsoft, Technology Group International, ACG Infotech Ltd., Ayoka L.L.C, Consensus Sales Inc., eLeader, TechManyata Software Solutions Pvt. Ltd., Sage Group plc, IBM, and Adobe.

Latest Developments

  • In February 2022, General Electric (GE) Digital announced the launch of its latest version of CIMPLICITY 2022 HMI/SCADA software. For applications of all sizes, the software can deliver fast response, reduced costs, improved security, and increased profitability. CIMPLICITY also provides options to deploy on-prem, in the cloud, or in a hybrid architecture to reduce infrastructure and maintenance costs.
  • In July 2022, ABB and SKF entered into a Memorandum of Understanding (MoU) to explore the possibilities for collaboration in the automation of manufacturing processes. Through the partnership, the companies will identify and evaluate solutions to improve manufacturing capabilities and support clients’ increased production efficiency.
  • In May 2022, Schneider Electric launched version 22.0 of EcoStruxure Automation Expert, further enhancing the capabilities of its software-centric universal automation system. The solution provides end-to-end digital continuity through close integration with AVEVA applications.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2018-2031

Growth Rate

CAGR of ~16.79% from 2024 to 2031

Base Year for Valuation

2023

Historical Period

2018-2022

Forecast Period

2024-2031

Quantitative Units

Value in Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Product
  • End-Users
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Players

SugarCRM Inc., Aptean, Creatio, Infor, Oracle, Pegasystems Inc., SAP SE, Salesforce Inc., Zoho Corporation Pvt. Ltd., Bullhorn Inc., Microsoft, Technology Group International, ACG Infotech Ltd.

Customization

Report customization along with purchase available upon request

Automation Software Market, By Category

Product

  • Supervisory Control and Data Acquisition (SCADA)
  • Distributed Control System (DCS)
  • Manufacturing Execution Systems (MES)
  • Human Machine Interface (HMI)
  • Programmable Logic Controller (PLC)

End-User

  • Power Industry
  • Automotive Industry
  • Oil and Gas Industry

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )