Siemens Reports - Industry Research

Programmable Logic Controller (PLC) Market

The Programmable Logic Controller Market size is estimated at USD 12.83 billion in 2024, and is expected to reach USD 15.07 billion by 2029, growing at a CAGR of 4.23% during the forecast period (2024-2029).

HVAC Services Market

The HVAC Services Market size is estimated at USD 65.72 billion in 2024, and is expected to reach USD 89.11 billion by 2029, growing at a CAGR of 6.28% during the forecast period (2024-2029).

Digital Transformation Market

The Digital Transformation Market size is estimated at USD 1.38 trillion in 2024, and is expected to reach USD 3.62 trillion by 2029, growing at a CAGR of 21.32% during the forecast period (2024-2029).

Gas Sensor, Detector And Analyzer Market

The Gas Sensor, Detector And Analyzer Market size is estimated at USD 4.67 billion in 2024, and is expected to reach USD 6.13 billion by 2029, growing at a CAGR of 5.60% during the forecast period (2024-2029).

Smart Building Market

The Smart Building Market is expected to register a CAGR of 13.96% during the forecast period.

Industry 4.0 Market

The Industry 4.0 Market is expected to register a CAGR of 20.67% during the forecast period.

Australia Switchgear Market

The Australia Switchgear Market size is expected to grow from USD 1.44 billion in 2023 to USD 1.90 billion by 2028, at a CAGR of 5.70% during the forecast period (2023-2028).

Europe Building Automation Systems Market

The Europe Building Automation Systems Market size is expected to grow from USD 3.67 billion in 2023 to USD 4.41 billion by 2028, at a CAGR of 3.75% during the forecast period (2023-2028).

Process Analytical Instrumentation Market

The Process Analytical Instrumentation Market size is estimated at USD 5.67 billion in 2024, and is expected to reach USD 8.19 billion by 2029, growing at a CAGR of 7.61% during the forecast period (2024-2029).

Temperature Sensors Market

The Temperature Sensors Market size is estimated at USD 8.80 billion in 2024, and is expected to reach USD 11.94 billion by 2029, growing at a CAGR of 6.28% during the forecast period (2024-2029).

Permanent Magnet Motor Market

The Permanent Magnet Motor Market size is estimated at USD 48.34 billion in 2024, and is expected to reach USD 77.71 billion by 2029, growing at a CAGR of 9.96% during the forecast period (2024-2029).

Next Generation Biometrics Market

The Next Generation Biometrics Market size is expected to grow from USD 42.96 billion in 2023 to USD 94.23 billion by 2028, at a CAGR of 17.01% during the forecast period (2023-2028).

North America Human Machine Interface Market

The North America Human Machine Interface Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 2 billion by 2029, growing at a CAGR of 9.11% during the forecast period (2024-2029).

USA Li-Fi Market

The USA Li-Fi Market is expected to register a CAGR of 67.5% during the forecast period.

Industrial Control Systems Market

The Industrial Control Systems Market size is estimated at USD 185.27 billion in 2024, and is expected to reach USD 283.76 billion by 2029, growing at a CAGR of 8.90% during the forecast period (2024-2029).

Big Data Analytics Market In Energy Sector

The Big Data Analytics Market In Energy is expected to grow from USD 9.31 billion in 2024 to USD 15.89 billion by 2029, at a CAGR of 11.28% during the forecast period (2024-2029).

Smart Factory Market

The Smart Factory Market size is estimated at USD 354.60 billion in 2024, and is expected to reach USD 564.38 billion by 2029, growing at a CAGR of 9.74% during the forecast period (2024-2029).

Smart Railways Market

The Smart Railways Market size is estimated at USD 37.80 billion in 2024, and is expected to reach USD 63.75 billion by 2029, growing at a CAGR of 11.02% during the forecast period (2024-2029).

Distributed Control Systems Market

The Distributed Control Systems Market size is estimated at USD 21.57 billion in 2024, and is expected to reach USD 27.90 billion by 2029, growing at a CAGR of 5.28% during the forecast period (2024-2029).

Internet-of-Things (IoT) Market In Manufacturing

The Internet-of-Things Market In Manufacturing Industry is expected to grow from USD 0.39 trillion in 2024 to USD 1.22 trillion by 2029, at a CAGR of 25.33% during the forecast period (2024-2029).

Digital Transformation In Manufacturing Market

The Digital Transformation In Manufacturing Market size is estimated at USD 367.60 billion in 2024, and is expected to reach USD 876.10 billion by 2029, growing at a CAGR of 19.40% during the forecast period (2024-2029).

Industrial Motors Market

The Industrial Motors Market size is estimated at USD 21.29 billion in 2024, and is expected to reach USD 28.17 billion by 2029, growing at a CAGR of 4.77% during the forecast period (2024-2029).

HMI Market

The HMI Market size is estimated at USD 5.02 billion in 2024, and is expected to reach USD 7.34 billion by 2029, growing at a CAGR of 7.90% during the forecast period (2024-2029).

Smoke Detector Market

The Smoke Detector Market size is estimated at USD 3.01 billion in 2024, and is expected to reach USD 4.25 billion by 2029, growing at a CAGR of 7.13% during the forecast period (2024-2029).

Advanced Metering Infrastructure Market

The Advanced Metering Infrastructure Market size is estimated at USD 17.46 billion in 2024, and is expected to reach USD 31.82 billion by 2029, growing at a CAGR of 12.76% during the forecast period (2024-2029).

Data Acquisition Market

The Data Acquisition Market size is estimated at USD 2.41 billion in 2024, and is expected to reach USD 3.40 billion by 2029, growing at a CAGR of 7.10% during the forecast period (2024-2029).

Smart Sensors Market

The Smart Sensors Market size is estimated at USD 55.86 billion in 2024, and is expected to reach USD 129.42 billion by 2029, growing at a CAGR of 18.30% during the forecast period (2024-2029).

Advanced Process Control Market

The Advanced Process Control Market size is estimated at USD 2.74 billion in 2024, and is expected to reach USD 4.10 billion by 2029, growing at a CAGR of 8.38% during the forecast period (2024-2029).

Gas Analyzer Market

The Gas Analyzer Market size is estimated at USD 0.94 billion in 2024, and is expected to reach USD 1.33 billion by 2029, growing at a CAGR of 7.08% during the forecast period (2024-2029).

Computer Numerical Controls (CNC) Market

The Computer Numerical Controls Market size is estimated at USD 100.78 billion in 2024, and is expected to reach USD 146.65 billion by 2029, growing at a CAGR of 7.79% during the forecast period (2024-2029).

Intelligent Transport Systems Market

The intelligent transport systems market was valued at USD 22.88 billion in 2020, and is expected to reach a value of USD 30.65 billion by 2026, at a CAGR of 5.11% over the forecast period (2021 - 2026).

Simulation Software Market

The Simulation Software Market size is estimated at USD 12.12 billion in 2024, and is expected to reach USD 21.43 billion by 2029, growing at a CAGR of 12.06% during the forecast period (2024-2029).

PLM Software Market

The PLM Software Market size is estimated at USD 29 billion in 2024, and is expected to reach USD 41.29 billion by 2029, growing at a CAGR of 7.32% during the forecast period (2024-2029).

Sensors In Oil And Gas Market

The Sensors In Oil And Gas Market size is estimated at USD 9.97 billion in 2024, and is expected to reach USD 13.36 billion by 2029, growing at a CAGR of 6.03% during the forecast period (2024-2029).

Switchgear Market

The Switchgear Market size is estimated at USD 122.24 billion in 2024, and is expected to reach USD 164.35 billion by 2029, growing at a CAGR of 6.10% during the forecast period (2024-2029).

Industrial Automation Software Market

The Industrial Automation Software Market size is estimated at USD 37.84 billion in 2024, and is expected to reach USD 55.34 billion by 2029, growing at a CAGR of 7.90% during the forecast period (2024-2029).

Indonesia Automation and Control System Market

The Indonesia Automation and Control System Market size is estimated at USD 109.90 million in 2024, and is expected to reach USD 336.41 million by 2029, growing at a CAGR of 8.59% during the forecast period (2024-2029).

Internet Of Things (IoT) Platform Market

The Internet Of Things Platform Market size is estimated at USD 8.23 billion in 2024, and is expected to reach USD 17.31 billion by 2029, growing at a CAGR of 16.41% during the forecast period (2024-2029).

Substation Automation Market

The Substation Automation Market size is estimated at USD 34.39 billion in 2024, and is expected to reach USD 47.13 billion by 2029, growing at a CAGR of 6.5% during the forecast period (2024-2029).

Induction Motor Market

The Induction Motor Market size is estimated at USD 20.83 billion in 2024, and is expected to reach USD 28.04 billion by 2029, growing at a CAGR of 6.12% during the forecast period (2024-2029).

Data Historian Market

The Data Historian Market size is estimated at USD 1.23 billion in 2024, and is expected to reach USD 1.76 billion by 2029, growing at a CAGR of 7.32% during the forecast period (2024-2029).

Global Servo Motor Market

The Global Servo Motor Market size is estimated at USD 13.77 billion in 2024, and is expected to reach USD 18.26 billion by 2029, growing at a CAGR of 5.82% during the forecast period (2024-2029).

Direct Current (DC) Motor Market

The Direct Current Motor Market size is estimated at USD 535.57 million in 2024, and is expected to decline to USD 508.24 million by 2029.

Middle East And Africa Industrial Automation Market

The Middle East And Africa Industrial Automation Market size is estimated at USD 4.93 billion in 2024, and is expected to reach USD 7.43 billion by 2029, growing at a CAGR of 7.10% during the forecast period (2024-2029).

North America Building Automation Systems Market

The North America Building Automation Systems Market is expected to register a CAGR of 9.80% during the forecast period(2024-2029).

HVAC Field Device Market

The HVAC Field Device Market size is estimated at USD 21.13 billion in 2024, and is expected to reach USD 28.72 billion by 2029, growing at a CAGR of 6.30% during the forecast period (2024-2029).

China HVAC Field Device Market

The China HVAC Field Device Market size is estimated at USD 5.24 billion in 2024, and is expected to reach USD 8.11 billion by 2029, growing at a CAGR of 9.10% during the forecast period (2024-2029).

HVAC Sensor Market

The HVAC Sensor Market size is estimated at USD 4.16 billion in 2024, and is expected to reach USD 5.64 billion by 2029, growing at a CAGR of 6.30% during the forecast period (2024-2029).

Circuit Protection Components Market

The circuit protection components market was valued at USD 45.7 billion during the current year and is anticipated to reach USD 63.8 billion by the end of the forecast period, registering a CAGR of around 5.6% during the forecast period.

US HVAC Field Device Market

The US HVAC Field Device Market size is estimated at USD 4.85 billion in 2024, and is expected to reach USD 6.18 billion by 2029, growing at a CAGR of 5% during the forecast period (2024-2029).

Americas Sensor Market

The Americas' sensor market is valued at USD 35.94 billion in the current year.

Japan Sensor Market

The Japanese sensor market is valued at USD 9.6 billion in the current year.

IO-Link System Market

The IO-Link System Market was valued at USD 11.2 billion in 2022.

North America Low Voltage Induction Motors Market

The North American low-voltage induction motors market was valued at USD 3.87 billion in the previous year.

Industrial Edge Computing Market

The industrial edge computing market size is estimated at USD 43.84 billion in the current year and is expected to reach USD 82.50 billion in the next five years, registering a CAGR of 13.48% during the forecast period.

Industrial AI Software Market

The industrial AI software market is valued at USD 84.34 billion in the current year.

Hazardous Area Equipment Market

The hazardous area equipment market was valued at USD 10.39 billion the previous year and is expected to register a CAGR of 6.62%, reaching USD 15.17 billion over the forecast period.

Automotive Operating Systems Market

The automotive operating systems market is valued at USD 15.42 billion in the current year and is expected to register a CAGR of 23.82% during the forecast period to become USD 44.89 billion by the next five years.

US Industrial Sensors Market

The US Industrial Sensors Market size is estimated at USD 16.52 billion in 2024, and is expected to reach USD 23.11 billion by 2029, growing at a CAGR of 6.93% during the forecast period (2024-2029).

Africa Low-Voltage Electric Motors Market

The African low-voltage electric motor market was valued at USD 0.14 billion in the previous year and is expected to grow at a CAGR of 2.30%, reaching USD 0.16 billion over the forecast period.

Italy Digital Transformation Market

The Italy Digital Transformation Market size is estimated at USD 64.34 billion in 2024, and is expected to reach USD 141.81 billion by 2029, growing at a CAGR of 17.12% during the forecast period (2024-2029).

Mexico Factory Automation and ICS Market

The Mexico factory automation and industrial controls market was valued at USD 240.85 billion the previous year and is expected to register a CAGR of 9.00% during the forecast period to become USD 403.93 billion in the next five years.

Asia-Pacific Smart Manufacturing Market

The Asia-Pacific Smart Manufacturing Market size is estimated at USD 54 billion in 2024, and is expected to reach USD 80.38 billion by 2029, growing at a CAGR of 8.28% during the forecast period (2024-2029).

Fire Safety Systems Market

The Fire Safety Systems Market size is estimated at USD 70.31 billion in 2024, and is expected to reach USD 97.10 billion by 2029, growing at a CAGR of 6.67% during the forecast period (2024-2029).

Intelligent Motor Control Center Market

The intelligent motor control center market is expected to register a CAGR of 9.82% over the forecast period.

Smart Transportation Market

The Smart Transportation Market size is estimated at USD 33.38 billion in 2024, and is expected to reach USD 46.36 billion by 2029, growing at a CAGR of 6.79% during the forecast period (2024-2029).

Smart Office Market

The Smart Office Market size is estimated at USD 51.63 billion in 2024, and is expected to reach USD 97.67 billion by 2029, growing at a CAGR of 13.60% during the forecast period (2024-2029).

Protective Relay Market

The Protective Relay Market size is estimated at USD 2.14 billion in 2024, and is expected to reach USD 2.81 billion by 2029, growing at a CAGR of 5.98% during the forecast period (2024-2029).

Middle East and Africa Process Automation Market

The Middle East and Africa Process Automation Market is expected to register a CAGR of 5.21% during the forecast period.

Wireless Sensors Market

The Wireless Sensors Market size is estimated at USD 11.71 billion in 2024, and is expected to reach USD 38.07 billion by 2029, growing at a CAGR of 26.59% during the forecast period (2024-2029).

Wireless Sensors Network Market

The Wireless Sensors Network Market is expected to register a CAGR of 17.64% over the forecast period 2022 - 2027.

Europe Smart Homes Market

Europe Smart Homes Market is expected to grow at a CAGR of 10.3% during the forecast period 2021-2026.

Smart Homes Market

The Smart Homes Market size is estimated at USD 120.10 billion in 2024, and is expected to reach USD 370.95 billion by 2029, growing at a CAGR of 25.30% during the forecast period (2024-2029).

Europe Smart Manufacturing Market

The Europe Smart Manufacturing Market size is estimated at USD 54.67 billion in 2024, and is expected to reach USD 68.42 billion by 2029, growing at a CAGR of 4.59% during the forecast period (2024-2029).

Microgrid Control Systems Market

The Microgrid Control Systems Market size is estimated at USD 4.27 billion in 2024, and is expected to reach USD 7.79 billion by 2029, growing at a CAGR of 12.77% during the forecast period (2024-2029).

Mobile Collaboration Market

The Mobile Collaboration Market size is estimated at USD 61.01 billion in 2024, and is expected to reach USD 104.16 billion by 2029, growing at a CAGR of 11.29% during the forecast period (2024-2029).

Industrial Tablet PC Market

The Industrial Tablet PC Market size is estimated at USD 1.05 billion in 2024, and is expected to reach USD 1.44 billion by 2029, growing at a CAGR of 6.38% during the forecast period (2024-2029).

Flame Detectors Market

The flame detectors market is expected to register a CAGR of around 6% over the forecast period (2021 - 2026).

Alternator Market

The alternator market is expected to register a CAGR of over 5% over the forecast period (2021 - 2026).

Virtual Sensor Market

The virtual sensor market is expected to register a CAGR of 31% over the forecast period (2021 - 2026).

Industrial Display Market

The industrial display market is expected to register a CAGR of 6.2% during the forecast period (2021 - 2026).

Postal Automation System Market

The Postal Automation Market is expected to register a CAGR of approximately 7% during the forecast period (2021 - 2026).

Commercial Building Automation Systems Market

The commercial building automation systems market is expected to grow at a CAGR of 8% over the forecast period (2021-2026).

MES Market

The MES Market size is expected to grow from USD 14.87 billion in 2023 to USD 24.06 billion by 2028, at a CAGR of 10.10% during the forecast period (2023-2028).

Low Voltage Motor Control Center Market

The low voltage motor control center (LVMCC) market was valued at USD 3699.6 million in 2020, and it is expected to reach USD 4456.95 million by 2025, registering a CAGR of 3.2%, during the period of 2021 - 2026.

Enterprise Manufacturing Intelligence Market

The enterprise manufacturing intelligence market is expected to register a CAGR of 16% during the forecast period (2021 - 2026).

Digital Transformation Market in The Oil and Gas Industry

• The digital transformation market in the oil and gas industry is expected to register a CAGR of 9.5% during the forecast period. Digital transformation has been one of the key trends driving the global oil and gas industry since the last decade. This transformation enables the operations to leverage advanced digital technologies such as AI, IoT, and Big Data, among others, to drive efficiencies and thereby open up new opportunities for the same, as it might involve digital twins, which evidently improves the efficiency of predictive maintenance of the critical assets and thereby restricting the exposure of hazardous task to the workers in the facilities.

Micro Inverter Market

The Micro Inverter Market size is estimated at USD 3.15 billion in 2024, and is expected to reach USD 7.74 billion by 2029, growing at a CAGR of 19.70% during the forecast period (2024-2029).

Process Instrumentation Market

The Process Instrumentation Market size is estimated at USD 18.46 billion in 2024, and is expected to reach USD 21.76 billion by 2029, growing at a CAGR of 3.35% during the forecast period (2024-2029).

Flare Monitoring Market

The flare monitoring market is expected to grow at a CAGR of 8% during the forecast period, 2021 - 2026.

Alarm Monitoring Market

The Alarm Monitoring Market is expected to grow at a CAGR of 6.2% over the forecast period.

Active Network Management Market

The Active Network Management Market size is estimated at USD 1.39 billion in 2024, and is expected to reach USD 2.97 billion by 2029, growing at a CAGR of 16.48% during the forecast period (2024-2029).

ASEAN Smart Homes Market

The ASEAN Smart Homes market is expected to register a CAGR of approximately 21% over the forecast period (2021 - 2026).

Electric Drives Market

The Electric Drives Market size is estimated at USD 25.51 billion in 2024, and is expected to reach USD 32.70 billion by 2029, growing at a CAGR of 5.10% during the forecast period (2024-2029).

Motion Control Market

The Motion Control Market size is estimated at USD 17.33 billion in 2024, and is expected to reach USD 22.09 billion by 2029, growing at a CAGR of 4.97% during the forecast period (2024-2029).

North America Energy Management Systems Market

The North America Energy Management System market is expected to register a CAGR of 15.1% over the forecast period (2021 - 2026).The outbreak of COVID-19 has had a mixed impact on the Energy management system market as the vendors operating in the market serving the end-user industries, which are deemed essential by various governments globally, in times of pandemic, the global residential power has seen a significant growth owing to home quarantines thus driving the demand for the deployment of energy management systems.

ICS for Process Automation Market

The industrial control for process automation market is expected to grow at a CAGR of 8.5% over the forecast period 2021 - 2026.

Europe Temperature Sensors Market

The Europe temperature sensor market was valued at USD 1445 million in 2020, and it is projected to be worth USD 2133.1 million by 2026, registering a CAGR of 6.7% during the period 2021-2026.

Europe Smart Office Market

The Europe smart office market is expected to record a CAGR of 7.6% over the forecast period.

NA Chemical Sensors Market

North America Chemical Sensors Market is expected to grow at a CAGR of 8.03% during the forecast period 2021-2026.

MEA Pipeline Security Market

The MEA Pipeline Security Market size is estimated at USD 2.10 billion in 2024, and is expected to reach USD 3.32 billion by 2029, growing at a CAGR of 9.61% during the forecast period (2024-2029).

Europe Factory Automation and Industrial Controls Market

The Europe factory automation and industrial controls market is expected to register a CAGR of 8.9% during the forecast period (2021 - 2026).

Smart Utilities Management Market

The smart utilities management market is expected to register a CAGR of 18.72% during the forecast period (2021-2026).

North America Smart Factory Market

The North America Smart Factory Market is expected to witness a CAGR of approximately 9.5% over the forecast period (2021-2026).

MEA Factory Automation and Industrial Controls Market

The Middle East and Africa Factory Automation and Industrial Controls Market is expected to register a CAGR of approximately 6.8% during the forecast period (2021 - 2026).

Water Automation and Instrumentation Market

The Water Automation and Instrumentation Market size is estimated at USD 4.12 billion in 2024, and is expected to reach USD 5.90 billion by 2029, growing at a CAGR of 7.49% during the forecast period (2024-2029).

Italy Factory Automation and ICS Market

The Italy Factory Automation and Industrial Controls Market are expected to witness a CAGR of 6.7% over the forecast period (2021-2026).

Acoustic Sensors Market

The Acoustic Sensors Market is expected to grow at a CAGR of 15% during the forecast period.

NA Smart Homes Market

The North America Smart Homes Market is expected to grow at a CAGR of 9.4% over the forecast period 2021-2026.

APAC Temperature Sensors Market

The Asia Pacific temperature sensor market was valued at USD 1857.6 million in 2020, and it is projected to be worth USD 2837 million by 2026, registering a CAGR of 7.3% during the period 2021-2026.

Parking Reservation Systems Market

The Parking Reservation Systems Market size is expected to grow from USD 1.45 billion in 2023 to USD 2.46 billion by 2028, at a CAGR of 11.15% during the forecast period (2023-2028).

CO Gas Sensors Market

The carbon monoxide (CO) gas sensors market is expected to grow at a CAGR of 6% over the forecast period (2021 - 2026).

Asia Pacific Factory Automation and Industrial Controls Market

The Asia Pacific Factory Automation and Industrial Controls Market is expected to register a CAGR of approximately 10.87% during the forecast period (2021 - 2026).

Asia-Pacific Industrial Control System Market

The Asian-Pacific industrial control system market is expected to register a CAGR of 9.83% over the forecast period.

Internet Of Nano Things Market

The Internet Of Nano Things Market size is estimated at USD 26.47 billion in 2024, and is expected to reach USD 66.5 billion by 2029, growing at a CAGR of 20.23% during the forecast period (2024-2029).

Refining Industry Automation and Software Market

The refining industry automation and software market was valued at USD 14.03 billion in 2020 and is expected to reach USD 16.75 billion by 2026, at a CAGR of 3% over the forecast period 2021 - 2026.

Safety IO Modules Market

The safety IO modules market is expected to register a CAGR of 5.85% by 2021-2026.

North America Factory Automation and Industrial Controls Market

• The North America factory automation and industrial controls market is expected to register a CAGR of 8.12% during the forecast period (2021 - 2026). The growing incidents of coronavirus, are also forcing manufacturers to rely more on automation and digitalization for long-term operations to reduce the financial impact of epidemics and other potential economic challenges. Factories are reducing human interaction and installing device barriers between workers to protect them from infection, which is further expected to create a need for automated devices and systems. North American manufacturers across all industries are establishing the advancement foundation by increasingly enhancing their level of automation. In a race to be competitive with global manufacturing hubs, like China and Japan, North America still needs to be more aggressive in developing and adopting robotic and automation technologies.

Soft Starter Market

The global soft starter market was valued at USD 1726.39 million in 2020, and it is expected to reach a value of USD 2386.47 million by 2026, while registering a CAGR of approximately 5.91% over the forecast period, 2021 - 2026.

Shunt Reactor Market

The Shunt Reactor Market is expected to grow at a CAGR of 6.1% over the forecast period (2021-2026).

Smart Solar Solutions Market

The smart solar solutions market is expected to register a CAGR of 14.8% over the forecasted period.

HVDC Capacitor Market

The High Voltage Direct Current (HVDC) Capacitor Market registered a CAGR of 15.8% over the forecast period 2021 to 2026.

Push Buttons and Signaling Devices Market

The Push Buttons and Signaling Devices Market is expected to register a CAGR of 5% over the forecast period.

Ambient Intelligence Market

The Ambient Intelligence Market size is estimated at USD 108.01 billion in 2024, and is expected to reach USD 209.25 billion by 2029, growing at a CAGR of 14.14% during the forecast period (2024-2029).

Airborne Wind Turbines Market

The Airborne Wind Turbines Market size is estimated at USD 141.61 million in 2024, and is expected to reach USD 218.79 million by 2029, growing at a CAGR of 9.09% during the forecast period (2024-2029).

Traffic Sensors Market

The Traffic Sensors was valued at USD 271.97 million in 2020 and is expected to reach USD 434.0 million by 2026 and grow at a CAGR of 8.1% over the forecast period (2021-2026).

Predictive Maintenance in the Energy Market

The Predictive Maintenance in the Energy Market size is estimated at USD 1.79 billion in 2024, and is expected to reach USD 5.62 billion by 2029, growing at a CAGR of 25.77% during the forecast period (2024-2029).

Laboratory Robotics Market

The Laboratory Robotics Market was valued at USD 185.80 million in 2020 and is expected to reach USD 274.49 million by 2026, at a CAGR of 6.72% over the forecast period 2021 - 2026.

Smart Grid Data Analytics Market

During the time frame of the forecast, the smart grid data analytics market is expected to register a CAGR of 12.76%.

Flow Sensors Market

The flow sensors market is expected to register a CAGR of 6.14%, over the forecast period (2021 - 2026).

Europe PLC Market

The Europe PLC Market size is estimated at USD 3.52 billion in 2024, and is expected to reach USD 4.14 billion by 2029, growing at a CAGR of 3.29% during the forecast period (2024-2029).

Smart Space Market

The smart space market is expected to witness a CAGR of 18.4% over the forecast period (2021 - 2026).

Industrial Monitor Market

The Industrial Motors Market is expected to grow by registering a CAGR of 6.5% during the forecast period.

Machine Safety Market

The Machine Safety Market size is estimated at USD 5.07 billion in 2024, and is expected to reach USD 8.15 billion by 2029, growing at a CAGR of 9.97% during the forecast period (2024-2029).

Servo Motors And Drives Market

The Servo Motors And Drives Market size is estimated at USD 15.46 billion in 2024, and is expected to reach USD 20.54 billion by 2029, growing at a CAGR of 5.85% during the forecast period (2024-2029).

Acoustic Camera Market

The Acoustic Camera Market is expected to register a CAGR of 4% over the forecast period (2022 - 2027).

Tunnel Automation Market

The Tunnel Automation Market is expected to grow at a CAGR of around 8.7% during the forecast period (2022 - 2027).

Radar Level Transmitter Market

The Radar Level Transmitter Market size is estimated at USD 573.05 million in 2024, and is expected to reach USD 758.58 million by 2029, growing at a CAGR of 5.77% during the forecast period (2024-2029).

Emission Monitoring Systems Market

The Emission Monitoring Systems Market is expected to grow at a CAGR of 9.2% during the forecast period.

PC Based Automation Market

The PC-based automation market is expected to grow at a CAGR of 4.66% over the forecast period (2021-2026).

Plant Asset Management Market

The Plant Asset Management Market size is estimated at USD 9.84 billion in 2024, and is expected to reach USD 17.04 billion by 2029, growing at a CAGR of 11.60% during the forecast period (2024-2029).

Microgrid as a Service Market

The Microgrid as a Service Market is expected to register a CAGR of 15% during the forecast period (2021 - 2026).

Motor Monitoring Market

The Motor Monitoring Market size is estimated at USD 2.67 billion in 2024, and is expected to reach USD 4.40 billion by 2029, growing at a CAGR of 10.46% during the forecast period (2024-2029).

Intelligent Flow Meter Market

The Intelligent Flow Meter Market size is estimated at USD 3.34 billion in 2024, and is expected to reach USD 4.37 billion by 2029, growing at a CAGR of 5.59% during the forecast period (2024-2029).

Production Monitoring Market

The production monitoring market is expected to register a CAGR of 8.2% during the forecast period, 2021-2026.

Remote Asset Management Market

The Remote Asset Management Market size is estimated at USD 26.15 billion in 2024, and is expected to reach USD 52.04 billion by 2029, growing at a CAGR of 14.75% during the forecast period (2024-2029).

North America Industrial Motors Market

The Industrial Motors Market was valued at USD 8.57 billion in 2020 and is expected to reach USD 11.69 billion by 2026, registering a CAGR of 5.1% during the forecast period (2021-2026).

Vacuum Interrupter Market

The Vacuum Interrupter Market size is estimated at USD 2.93 billion in 2024, and is expected to reach USD 3.70 billion by 2029, growing at a CAGR of 4.70% during the forecast period (2024-2029).

Smart Microgrid Controller Market

The Smart Microgrid Controller Market is expected to register a CAGR of approximately 12.5% during the forecast period (2021 - 2026).

Middle East PLC Market

The Middle East PLC Market size is estimated at USD 347.63 million in 2024, and is expected to reach USD 350.60 million by 2029, growing at a CAGR of 0.17% during the forecast period (2024-2029).

Advanced Distribution Management System Market

Advanced Distribution Management System Market is expected to register a CAGR of 19.7% over the forecasted period.

Flow Meters Market

The Flow Meters Market size is estimated at USD 8.03 billion in 2024, and is expected to reach USD 10.99 billion by 2029, growing at a CAGR of 6.47% during the forecast period (2024-2029).

Europe HVAC Controls Market

The Europe HVAC controls market is expected to grow at 7.1% CAGR during the forecast period of 2021 - 2026.

United States Commercial Building Automation Systems Market

The US commercial building automation systems market was valued at USD 4.75 billion in 2020, and it is expected to reach USD 6.63 billion by 2026, registering a CAGR of 6.31% over the period of 2021-2026.

India Access Control Hardware Market

The Indian access control hardware market is projected to register a CAGR of 7.3% during the forecast period (2022 to 2027).

China Smart Building Market

The China Smart Building Market is expected to grow at a CAGR of 7.8% over the forecast period (2022 - 2027).

Europe Switchgear Market

The Europe Switchgear Market is expected to grow with a CAGR of 6.7% during the forecast period (2022-2027).

Europe Water Meter Market

The European Water Meter Market is expected to record a CAGR of 4.85% during the forecast period, 2022 - 2027.

Asia-Pacific Induction Motor Market

The Asia Pacific induction motor market is expected to register a CAGR of 4.2% over the forecast period (2022-2027).

Rail Asset Management Market

The rail asset management market was valued at USD 11.25 billion in the previous year and is expected to register a CAGR of 6.07%, reaching USD 15.93 billion over the forecast period.

APAC Chemical Sensors Market

The Asia Pacific Chemical Sensors Market is expected to reach a CAGR of 6.1% during the forecast period 2020-2025.

Wireless Asset Management Market

The wireless asset management market is expected to grow at a CAGR of 13.03% over the forecast period.

Wireless Temperature Sensors Market

The global wireless temperature sensors market was valued at 16.06 million units in 2020 and expected to reach 24.93 million units by 2026 and grow at a CAGR of 7.7% over the forecast period (2021-2026).

Europe Wireless Sensors Market

The European wireless sensor market is expected to register a CAGR of 23.1% during the forecast period (2021 - 2026).

North America Process Automation Market

The North America Process Automation Market size is estimated at USD 39.52 billion in 2024, and is expected to reach USD 45.43 billion by 2029, growing at a CAGR of 2.83% during the forecast period (2024-2029).

Safety Connection Devices Market

The safety connection devices market is expected to register a CAGR of 7%, during the forecast period of 2021-2026.

NA Safety I/O Modules Market

The North America safety I/O modules market is expected to register a CAGR of 5.85% by 2021-2026.

Europe Pipeline Security Market

The Europe Pipeline Security Market size is estimated at USD 3.47 billion in 2024, and is expected to reach USD 5.23 billion by 2029, growing at a CAGR of 8.56% during the forecast period (2024-2029).

Europe Water Automation and Instrumentation Market

Europe Water Automation and Instrumentation Market is anticipated to witness a CAGR of 7.34% over the forecast period 2021 - 2026.

APAC Water Automation and Instrumentation Market

The Asia Pacific Water Automation and Instrumentation Market is expected to register a CAGR of 8.1% during 2021-2026.

MEA Temperature Sensors Market

The Middle East and Africa, temperature sensor market, was valued at USD 674.8 million in 2020, and it is projected to be worth USD 931.6 million by 2026, registering a CAGR of 5.5% during the period 2021-2026.

NA Safety Relay and Timers Market

The North America Safety Relay and Timers market is expected to register a CAGR of 6.5% during the forecast period.

Pipeline Security Systems Market

The pipeline security market was valued at USD 7.66 billion in 2020 and is expected to reach USD 13.22 billion by 2026, at a CAGR of 9.45% over the forecast period 2021 - 2026.

Europe ICS Market

The European industrial control systems market is expected to record a CAGR of 12.3% during the forecast period.

Asia Pacific Process Automation Market

The Asia Pacific Process Automation Market is expected to witness a CAGR of 13.29% over the forecast period 2021 - 2026.

APAC Smart Office Market

The Asia Pacific Smart Office Market is expected to register a CAGR of 10.5% during the forecast period.

Safety Relays and Timers Market

The safety relay and timers market is expected to register a CAGR of 4.5 % over the forecast period of (2021-2026).

Optical Chemical Sensor Market

The optical chemical sensor market was valued at USD 1.81 billion in 2020 and is expected to reach a value of USD 4.77 billion by 2026, registering a CAGR of 17.57%, during the forecast period (2021 - 2026).

Asia Pacific Safety I/O Modules Market

The Asia Pacific Safety I/O Modules Market is expected to register a CAGR of 3.97% during the forecast period (2021 - 2026).

Telemetric Devices Market

The Telemetric Devices Market is recording a CAGR of 16.2%, over the forecast period (2021 - 2026).

Model-based Enterprise Market

The Model-based Enterprise Market size is estimated at USD 20.76 billion in 2024, and is expected to reach USD 42.51 billion by 2029, growing at a CAGR of 15.42% during the forecast period (2024-2029).

E-House Market

The E-House market is expected to reach a CAGR of 6.83% during the forecast period of 2021 and 2026.

Digital Fault Recorder Market

Digital fault recorder has the capability to monitor and evaluate the low, medium and high-voltage networks in transformer sub-stations and power plants.

Asia-Pacific AC Electric Motor Market

Asia-Pacific AC Electric Motor market is expected to grow at 5.1% CAGR during the forecast period of 2021-2026.

HIPPS Market

The HIPPS Market size is estimated at USD 654.24 million in 2024, and is expected to reach USD 971.12 million by 2029, growing at a CAGR of 8.22% during the forecast period (2024-2029).

Europe Industrial Automation Software Market

The Europe Industrial Automation Software Market size is estimated at USD 21.84 billion in 2024, and is expected to reach USD 32.47 billion by 2029, growing at a CAGR of 8.26% during the forecast period (2024-2029).

Asia-Pacific Alternating Current (AC) Drive Market

Asia-Pacific Alternating Current (AC) Drive Market is expected to register a CAGR of over 6.5% during the forecast period (2022 - 2027).

AC Motor Market

The AC Motor Market size is estimated at USD 17.67 billion in 2024, and is expected to reach USD 21 billion by 2029, growing at a CAGR of 3.51% during the forecast period (2024-2029).

Middle East and Africa Electric Drives Market

The Middle East and Africa Electric Drives Market are expected to register a CAGR of 5.2% during the forecast period (2022 - 2027).

Air Quality Monitoring Software Market

The Air Quality Monitoring Software Market is expected to grow at a CAGR of 6.3% for the next five years.

Paper and Board Technologies Market

The Paper and Board Technologies Market is expected to register a CAGR of 7.8% during the forecast period 2022 to 2027.

Emergency Shutdown Systems Market

The global emergency shutdown systems market was valued at USD 1654.68 million in 2020 and is expected to reach USD 2823.41 million by 2026 and grow at a CAGR of 9.29% over the forecast period (2021-2026).

Europe Push Buttons and Signaling Devices Market

The Europe Push Button and Signaling Device Market is expected to grow at a CAGR of 5.5% during the forecast period of 2022-2027.

Europe Safety Connection Devices Market

The Europe Safety Connection Devices Market is estimated to grow at a CAGR of 7% during the forecast period, 2021 - 2026.

Asia Pacific Safety Drives and Motors Market

The Asia Pacific Safety Drives and Motors Market is expected to register a CAGR of 6.81% during the forecast period from 2021 to 2026.

Europe Safety Instrumented Systems Market

The Europe Safety Instrumented Systems Market is expected to register a CAGR of 11.3% during the forecast period (2021-2026).

NA Safety Drives and Motors Market

The North America Safety Drives and Motors Market is expected to register a CAGR of 6.2% during the forecast period from 2021 to 2026.

APAC Pressure Sensors Market

The Asia Pacific Pressure sensor market is expected to register a CAGR of 10.3% during the period 2021-2026.

NA Acoustic Sensors Market

The North America Acoustic Sensors market was is expected to grow at a CAGR of 14.15% over the forecast period (2022 - 2027).

MEA Hazardous Location Motor Starters Market

The Middle East and African hazardous location motor starters market is expected to register a CAGR of 4.5% over the forecast period, primarily due to the significant offshore oil and gas developments, new oil discoveries, an increasing focus on deepwater drilling activities, and rising water and wastewater expenditures.

Wireless Flow Sensors Market

The wireless flow sensors market is expected to register a CAGR of 27.07% over the forecast period.

NA Safety Connection Devices Market

The North American safety connection devices market is expected to register a CAGR of 9.1% during the forecast period of 2021-2026.

Intelligent Emergency Response Systems and Infrastructure (IRIS) Market

The Intelligent Emergency Response Systems and Infrastructure Market size is estimated at USD 1.36 billion in 2024, and is expected to reach USD 1.88 billion by 2029, growing at a CAGR of 6.64% during the forecast period (2024-2029).

NA Push Buttons & Signaling Devices Market

The North American push button and signaling device market is expected to record a CAGR of 4.56% during the forecast period.

NA Smart Office Market

The North America Smart Office Market is expected to register a CAGR of 10.5% during the forecast period.

APAC Push Buttons and Signaling Devices Market

The Asia Pacific Push Button and Signaling Device Market is expected to grow at a CAGR of 6.2% during the forecast period of 2022-2027.

Oilfield Communications Market

The Oilfield Communications Market size is estimated at USD 3.78 billion in 2024, and is expected to reach USD 4.83 billion by 2029, growing at a CAGR of 5.04% during the forecast period (2024-2029).

Latin America HMI Market

The Latin America human-machine interface Market is expected to grow at a CAGR of 7.6% during the forecast period.

Safety Programmable Controller Market

The safety programmable controller market was valued at USD 6.46 billion in 2020 and is expected to reach a market value of USD 9.41 billion by 2026, registering a CAGR of 6.5% during the forecast period (2021-2026).

US Acoustic Sensors Market

The United States acoustic sensors market is expected to grow at a CAGR of 8.4% over the forecast period (2021 - 2026).

Industrial Wireless Sensor Market

The industrial wireless sensor market is expected to register a CAGR of 12.4% during the forecast period (2021 - 2026).

Integrated Drive System Market

The Integrated Drive System Market is expected to register a CAGR of 5.88%.

Asia-Pacific Shunt Reactors Market

Asia-Pacific Shunt Reactors Market is expected to reach a CAGR of 5.4% during the forecast period 2021 - 2026.

Building Analytics Market

The Building Analytics Market is expected to grow at a CAGR of 14.7% over the forecast period 2021 to 2026.

Europe Shunt Reactors Market

The Europe Shunt Reactor Market is expected to register a CAGR of approximately 8% during the forecast period (2021 - 2026).

Vibration Level Switch Market

The Vibration Level Switch Market is expected to register a CAGR of 6.82% over the forecast period from 2021 - 2026.

Asia Pacific Load Break Switches Market

The Asia Pacific load break switches market (hereafter referred to as the market studied) valued USD 922.54 million in 2020.

US Electrical Enclosures Market

The US Electrical Enclosures Market size is estimated at USD 1.95 billion in 2024, and is expected to reach USD 2.86 billion by 2029, growing at a CAGR of 7.91% during the forecast period (2024-2029).

Middle East & Africa Variable Frequency Drive (VFD) Market

The Middle East & Africa Variable Frequency Drive (VFD) Market is expected to register a CAGR of 4.87% during the forecast period (2022-2027).

Asia-Pacific Programmable Logic Controller Market

The Asia-Pacific Programmable Logic Controller Market size is estimated at USD 4.57 billion in 2024, and is expected to reach USD 5.88 billion by 2029, growing at a CAGR of 5.20% during the forecast period (2024-2029).

NA Electric Drives Market

The North America Electric Drives market is analyzed to grow at a CAGR of 6.79% during the forecast period 2022-2027.

Latin America Electric Drives Market

The Latin America Electric Drives market is analyzed to grow at a CAGR of 7.21% during the forecast period 2022-2027.

North America Alternating Current (AC) Motor Market

The North America Alternating Current (AC) Motor market is analyzed to grow at a CAGR of 5.23% during the forecast period 2022-2027.

Europe Alternating Current (AC) Motor Market

The Europe Alternating Current (AC) Motor market is expected to register a CAGR of 4.2% over the forecast period (2022-2027).

Servo Drives Market

The global servo drives market is expected to register a CAGR of 4.9% over the forecast period (2022-2027).

Alternating Current (AC) Electric Drives Market

The global alternating current (AC) electric drives market is expected to register a CAGR of 4.4% over the forecast period (2022-2027).

Global Low Voltage Electric Drives Market

The Global Low Voltage Drives market is anticipated to register a CAGR of 4.3% between 2022 and 2027.

United States Building Automation Controls Market

The united states building automation control systems market are expected to register a CAGR of 6.5 % over the forecast period (2022 - 2027).

North America Safety Systems Market

The North America Safety Systems Market is expected to register a CAGR of 7.2% during the forecast period.

Industrial Couplings Market

The industrial couplings market is expected to grow at a CAGR of 4.8% during the forecast period.

Asia-Pacific Hard Facility Management Market

The Asia-Pacific hard facility management (HFM) market revenue is expected to record a CAGR of 8.5% over the next five years.

NA Electric Motors Market

The North American electric motors market is projected to grow by registering a CAGR of 5.2% during the forecast period.

APAC Building Energy Management Systems Market

The Asia-Pacific Building Energy Management System (BEMS) Market is anticipated to register a CAGR of 12.3% during the forecast period.