China Factory Automation And Industrial Controls Market Size (2024 - 2029)

China Factory Automation And Industrial Controls Market Analysis

The China Factory Automation And Industrial Controls Market size is estimated at USD 147.90 billion in 2024, and is expected to reach USD 255.60 billion by 2029, growing at a CAGR of 11.22% during the forecast period (2024-2029).

• The evolution of technological advancements and innovations across various manufacturing units has encouraged the adoption of automation technologies.
• Digitization and Industry 4.0 initiatives in China have significantly stimulated the growth of automation among industries by necessitating more innovative and automated solutions, such as robotics and control systems, to improve production processes. China's economy witnessed impressive growth due to its manufacturing capabilities and the government's investments in factories, infrastructure, and machinery.
• China has led the industrial robot market, driving its way to factory automation in the region. The country is also one of the leading manufacturing countries globally in Asia-Pacific. The increase in the shipment of industrial robots in the country and the adoption of various industrial control system software across the country facilitates factory automation at scale.
• Automation in China is expected to be augmented by the uptake of intelligent manufacturing. According to the Ministry of Industry and Information Technology, the country has initiated over 100 pilot projects for intellectual manufacturing in the past few years. Also, in June 2022, Shenzhen announced the Action Plan for Cultivating and Developing Intelligent Robot Industry Clusters. In June 2023, the Beijing Municipal government announced the Beijing Robot Industry Innovation and Development Action Plan (2023-2025).
• Government incentives and targets have advanced the potential of the Chinese market to dive into factory automation. Made in China 2025 plan encourages domestic players to decrease their dependency on foreign players. The rapidly soaring labor costs and declining manufacturing labor force supply in China are also helping in the penetration of industrial robots and factory automation.
• The government's strong support in the acquisition program has helped the country move towards Industry 4.0. For instance, Siasun, a China-based industrial robot maker, is affiliated with the Chinese Academy of Sciences, which is further linked to the government.
• With the rising cost of production in China and the strengthening of the Yuan against the Dollar, investors have been looking at alternate manufacturing destinations. However, manufacturers need to focus on quality production and environment-friendly manufacturing regulations. With the growing technology, a fully automated facility takes years to adjust and evolve. Meanwhile, unfavorable or delayed initiatives on active automation adaptation have limited growth on a regional basis.

China Factory Automation And Industrial Controls Industry Segmentation

Factory automation and control (A&C) solutions, which require sensors, instruments, computers, and data processing applications, cover the automation of an entire production facility through the design and construction of a fully integrated and intelligent control system. Industrial automation refers to the automated process of manufacturing, quality control, and material handling. Industrial automation solutions are intended to reduce companies' reliance on unreliable and error-prone manual processes in manufacturing, replacing them with command response activities carried out by automated equipment and logical programming. Programmable logic controllers (PLCs), stand-alone I/O modules, and computers are industrial-process general-purpose controllers.

The Chinese factory automation and industrial controls market is segmented by product type (industrial control systems (distributed control system, programmable logic controller, supervisory control and data acquisition, product lifecycle management, human-machine interface, manufacturing execution system, enterprise resource planning, and other industrial control systems), field devices (machine vision systems, sensors, and transmitters, electric motors and drives, industrial robotics, and other field devices)), by end-user industry (oil and gas, chemical and petrochemical, power and utilities, automotive and transportation, pharmaceuticals, and food and beverage). The market sizes and forecasts are provided in terms of value in USD for all the above segments.