TOP 10 COMPANIES IN INDUSTRIAL AUTOMATION SOFTWARE MARKET


Posted May 30, 2024 by BhavanaMeti

The Industrial Automation Software Market is expected to reach a value of $59.5 billion by 2029, at a CAGR of 7.4% during the forecast period 2022–2029
 
The Industrial Automation Software Market is projected to reach $59.5 billion by 2029, growing at a CAGR of 7.4% from 2022 to 2029. This growth is driven by increased demand for automation in manufacturing, the need for cost-effective mass production, and the rise of Industry 4.0 technologies. Emerging markets also offer significant growth opportunities.

Top 10 Companies in the Industrial Automation Software Market:

Emerson Electric Co. (U.S.)
Founded in 1890, Emerson provides automation products and services across various sectors, with operations in the Americas, Europe, Asia, and Africa. Subsidiaries include Rosemount Inc. and Roxar AS. The company employs around 86,700 people globally.

Siemens AG (Germany)
Established in 1847, Siemens focuses on automation and digitalization, with a presence in Europe, the Americas, Asia, and Africa. Key subsidiaries include Siemens Healthineers and Mentor Graphics. Siemens employs approximately 303,000 people.

General Electric Company (U.S.)
Founded in 1892, GE operates in power, renewable energy, healthcare, and more, with a presence in over 170 countries. Key subsidiaries include GE Healthcare and GE Aviation. GE has about 168,000 employees globally.

Schneider Electric SE (France)
Founded in 1836, Schneider Electric offers energy management and automation solutions. It operates in North America, Europe, Asia-Pacific, and beyond, employing around 128,000 people.

Honeywell International Inc (U.S.)
Founded in 1885, Honeywell is a leading technology company serving various industries including aerospace and healthcare. It employs about 99,000 people globally.
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Rockwell Automation, Inc. (U.S.)
Founded in 1903, Rockwell Automation provides industrial automation and information solutions, with a presence in over 100 countries and approximately 24,500 employees.

Microsoft Corporation (U.S.)
Founded in 1975, Microsoft offers industrial automation software through its Azure platform. It has a global presence and employs around 181,000 people.

IBM Corporation (U.S.)
Founded in 1911, IBM provides cloud computing and AI solutions, including the Watson IoT Platform. IBM has a global workforce of about 282,100 employees.

Mitsubishi Electric Corporation (Japan)
Founded in 1921, Mitsubishi Electric manufactures factory automation products with a presence in Japan, North America, Asia, and Europe, employing approximately 145,653 people.

Hitachi, Ltd. (Japan)
Founded in 1910, Hitachi offers industrial automation solutions through its subsidiary Hitachi Vantara. It operates globally with around 350,864 employees.

Meticulous Research provides detailed analysis on these companies, including financial performance, key products, strategies, and market trends.
Find Top 10 companies in Industrial Automation Software Market here: https://meticulousblog.org/top-10-companies-in-industrial-automation-software-market/
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Last Updated May 30, 2024