The semiconductor and electronics industry reported constant growth from the time it came into being, approximately 40 years ago, until the economic crisis in 2009. The industry was able to cope from short term economic challenges, such as the bursti ....see more
The sustainability certification market is expected to grow from USD 3.10 billion in 2025 to USD 4.25 billion by 2030, at a compound annual growth rate (CAGR) of 6.5% during the forecast period. The Key Players Société Générale de Surveillance SA (SGS SA) (Switzerland), UL LLC (US), TUV SUD (Germany), TUV Rheinland (Germany), Bureau Veritas (France), DEKRA (Germany), Intertek Group plc (UK), DNV GL (Norway), Element Materials Technology (UK), and LRQA Group Limited (UK).
The global testing, inspection, and certification (TIC) market is expected to grow from USD 239.48 billion in 2025 to USD 282.76 billion by 2030, at a compound annual growth rate (CAGR) of 3.4% during the forecast period. The Key Players SGS SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), TÜV SÜD (Germany), and TÜV Rheinland (Germany).
The GPU as a Service market is expected to grow from USD 8.21 billion in 2025 to USD 26.62 billion by 2030, at a compound annual growth rate (CAGR) of 26.5% during the forecast period. The Key Players Amazon web Servies, Inc. (US), Microsoft (US), Google (US), Oracle (US), IBM (US), Coreweave (US), Alibaba Cloud (China), Lambda (US), Tencent Cloud (China), Jarvislabs.ai (India).
The global manufacturing execution systems market is expected to grow from USD 15.95 billion in 2025 to USD 25.78 billion in 2030, at a compound annual growth rate (CAGR) of 10.1% during the forecast period. The Key Players Siemens (Germany), Dassault Systèmes (France), SAP SE (Germany), Rockwell Automation (US), Honeywell International Inc. (US).
The major players in the global Battery-Free RFID Sensor Market
The true random number generator market is expected to grow from USD 3.81 billion in 2025 to USD 7.71 billion by 2030, at a compound annual growth rate (CAGR) of 15.1% during the forecast period. The key players Apple Inc. (US), Intel Corporation (US), Qualcomm Technologies, Inc. (US), Infineon Technologies AG (Germany), Microchip Technology Inc. (US), NXP Semiconductors (Netherlands), STMicroelectronics (Switzerland), ID Quantique (Switzerland), QuantumCTek Co., Ltd. (China), QuintessenceLabs. (Australia), Terra Quantum (Switzerland), Crypta Labs Limited (UK), Quantinuum (UK), QuNu Labs Private Limited (India), IBM (US), EYL, Inc (US), Quside Technologies (Spain).
The global pressure transmitter market is expected to grow from USD 3.21 billion from 2025 to USD 3.84 billion by 2030, at a compound annual growth rate (CAGR) of 3.7% during the forecast period.The Key Players Emerson Electric Co. (US), Yokogawa Electric Corporation (Japan), Honeywell International Inc. (US), ABB (Switzerland), Schneider Electric (France), Endress+Hauser Group Services AG (Switzerland), Fuji Electric Co., Ltd.(Japan), Azbil Corporation (Japan), Ashcroft, Inc(US), Danfoss (Denmark), Huba Control (Switzerland), Siemens (Germany)
The global current sensor market is expected to grow from USD 3.24 billion in 2025 to USD 5.41 billion by 2030, at a compound annual growth rate (CAGR) of 10.8 % during the forecast period.The key players Asahi Kasei Corporation (Japan), Infineon Technologies AG (Germany), Allegro MicroSystems, Inc. (US), LEM International SA (Switzerland), Melexis (Belgium), TDK Corporation (Japan), and Honeywell International Inc. (US).
The global industrial metrology market is expected to grow from USD 14.31 billion in 2025 to USD 19.03 billion by 2030, at a compound annual growth rate (CAGR) of 5.9% during the forecast period. The kay Players Hexagon AB (Sweden), Nikon Corporation (Japan), FARO (US), Carl Zeiss AG (Germany), JENOPTIK (Germany), KLA Corporation (US), Renishaw plc (UK), Mitutoyo Corporation (Japan), KEYENCE CORPORATION (Japan), and CREAFORM (Canada).
The energy harvesting system market is expected to grow from USD 0.61 billion in 2025 to USD 0.94 billion by 2030, at a compound annual growth rate (CAGR) of 9.1% during the forecast period.The key players STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Texas Instruments Incorporated (US), Analog Devices, Inc. (US), Infineon Technologies AG (Germany), Renesas Electronics Corporation (Japan), EnOcean GmbH (Germany), ABB (Switzerland), Honeywell International Inc. (US), Qorvo, Inc. (US).
The global smart lighting market is expected to grow from USD 9.86 billion in 2025 to USD 17.38 billion by 2030, at a compound annual growth rate (CAGR) of 12.0% during the forecast period.The key players Signify Holding (Netherlands), Acuity Brands, Inc. (US), Legrand (France), ams-OSRAM AG (Austria), Panasonic Holdings Corporation (Japan), Zumtobel Group (Austria), and LEDVANCE GmbH (Germany).
The global occupancy sensor market is expected to grow from USD 2.75 billion in 2024 to USD 5.20 billion in 2030, at a compound annual growth rate (CAGR) of 11.2% during the forecast period.The key players significant Tier I and II players like Legrand (France), Johnson Controls Inc (US), Eaton (Ireland), Honeywell International Inc (US), Schneider Electric (France), Acuity Brands Inc (US), Signify Holding (Netherland), Hubbell (US), Leviton Manufacturing Co., Ltd., (US), and Lutron Electroncis Co Ltd (US).
The global material informatics market is expected to grow from USD 170.4 million in 2025 to USD 410.4 million in 2030, at a compound annual growth rate (CAGR) of 19.2% during the forecast period. The key players Schrödinger, Inc. (US), Dassault Systèmes (France), Exabyte Inc. (US), Citrine Informatics (US), Phaseshift Technologies (Canada), AI Materia (Canada), Hitachi High-Tech Corporation (Japan), Kebotix, Inc. (US), Materials Design, Inc. (US), and MaterialsZone (Israel).
The AI Inference market is expected to grow from USD 106.15 billion in 2025 to USD 254.98 billion by 2030, at a compound annual growth rate (CAGR) of 19.2% during the forecast period. The key players NVIDIA Corporation (US), Advanced Micro Devices, Inc. (US), Intel Corporation (US), SK HYNIX INC. (South Korea), SAMSUNG (South Korea), Micron Technology, Inc. (US), Apple Inc. (US), Qualcomm Technologies, Inc. (US), Huawei Technologies Co., Ltd. (China), Google (US), Amazon Web Services, Inc. (US), Tesla (US), Microsoft (US), Meta (US), T-Head (China), Graphcore (UK), Cerebras (US).
The home automation system market is expected to grow from USD 52.65 billion in 2024 to USD 66.45 billion by 2029, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The key players Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Apple Inc. (US), Robert Bosch (Germany), ABB (Switzerland), Legrand (France), ADT (US), Resideo Technologies Inc. (US).
The hardware security modules market is expected to grow from USD 1.66 billion in 2025 to USD 3.28 billion by 2030, at a compound annual growth rate (CAGR) of 14.5% during the forecast period.The kay players Thales (France), IBM (US), Utimaco Management Services GmbH (Germany), Futurex (US), and Entrust Corporation (US).
The global crystal oscillator market is expected to grow from USD 2.89 billion in 2025 to USD 3.66 billion by 2030, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The key players Seiko Epson Corporation (Japan), NIHON DEMPA KOGYO CO., LTD. (Japan), TXC Corporation (Taiwan), KYOCERA Corporation (Japan), Daishinku Corp. (Japan), Microchip Technology Inc. (US), Murata Manufacturing Co., Ltd. (Japan), SiTime Corp. (US), SIWARD Crystal Technology Co., Ltd. (Taiwan), Rakon Limited (New Zealand), and Vishay Intertechnology, Inc. (US).
The global sports technology market is expected to grow from USD 34.25 billion in 2025 to USD 68.70 billion by 2030, at a compound annual growth rate (CAGR) of 14.9% during the forecast period.The key players Apple Inc. (US), SAMSUNG (South Korea), Alphabet Inc. (US), Cisco Systems, Inc. (US), IBM (US), Telefonaktiebolaget LM Ericsson (Sweden), Catapult (Australia), Garmin Ltd. (US), Johnson Controls (Ireland), and Schneider Electric (France).
The AI in supply chain market is projected to reach USD 40.53 billion by 2030, at a CAGR of 28.2% during the forecast period. Leading players in the AI in Supply Chain market include SAP SE (Germany), Oracle (US), Blue Yonder Group, Inc. (US), Kinaxis Inc. (Canada), Manhattan Associates (US), IBM (US), Microsoft (US), Anaplan, Inc. (US), ServiceNow (US), e2open, LLC (US) are few other key companies operating in the AI in supply chain market.
The Digital Thread Market is expected to grow from USD 11.42 billion in 2024 to USD 36.81 billion by 2030, at a compound annual growth rate (CAGR) of 21.5%during the forecast period.The key players PTC (US), IBM (US), Siemens (Germany), Dassault Systemes (France), Rockwell Automation (US), Autodesk, Inc. (US), Oracle (US), AVEVA Group Limited (UK), SAP (Germany), General Electric (US), Accenture (Ireland).
The global mass flow controller market is expected to grow from USD 1.63 billion in 2024 to USD 2.32 billion by 2029, at a compound annual growth rate (CAGR) of 7.2% during the forecast period.The key players HORIBA, Ltd. (Japan), Sensirion AG (Switzerland), MKS Instruments (US) Teledyne Technologies Incorporated (US), and Bronkhorst (Netherlands).
The HVAC controls market is projected to grow from USD 25.81 billion in 2025 to USD 39.07 billion by 2030, at a CAGR of 8.65% from 2025 to 2030. The surging demand for smart building automation in both homes and offices is a significant driver for the adoption of advanced HVAC controls. As building owners and occupants increasingly prioritize energy efficiency, comfort, and convenience, smart HVAC systems are becoming integral to modern building management. These systems leverage IoT-enabled devices, sensors, and AI algorithms to optimize heating, cooling, and ventilation in real-time, reducing energy consumption and operational costs.
The Metamaterial market is expected to grow from USD 0.22 billion in 2024 to USD 1.38 billion by 2029, at a compound annual growth rate (CAGR) of 44.8% during the forecast period.The key players Kymeta Corporation (US), Psivotal Commware (US), Echodyne Corp. (US), ALCAN Systems GmbH i.L. (Germany), Metalenz, Inc. (US), Greenerwave (France), Edgehog (Canada), Metamagnetics (US), Fractal Antenna Systems, Inc. (US), Lumotive (US), and TeraView Limited (UK).
The global video as a sensor market is expected to grow from USD 69.52 billion in 2024 to USD 101.89 billion by 2029, at a compound annual growth rate (CAGR) of 7.9% during the forecast period.The key players Honeywell International Inc. (US), Motorola Solutions, Inc. (US), Dahua Technology Co., Ltd (China), Bosch Security Systems GmbH (Germany),Hangzhou Hikvision Digital, Technology Co., Ltd. (China), AT&T (US), IBM Corporation (US), Cisco Systems, Inc. (US), Axis Communications AB (Sweden), Johnson Controls Inc. (Ireland), Sony Group Corporation (Japan), Sharp Corporation (Japan),Teledyne Technologies Incorporated (US),Corning Incorporated (US),Pixart Imaging Inc. (Taiwan).
The global Industrial Edge market is projected to reach USD 44.73 billion by 2030, at a CAGR of 16.1% during the forecasting period. Major companies operating in the industrial edge market include Hewlett Packard Enterprise Development LP (US), IBM (US), Amazon Web Services, Inc. (US), Dell Technologies (US) and Cisco Systems, Inc. (US).
The global wearable technology market is expected to grow from USD 70.30 billion in 2024 to USD 152.82 billion by 2029, at a compound annual growth rate (CAGR) of 16.8% during the forecast period.The key players Apple Inc. (US), Garmin Ltd. (US), SAMSUMG (South Korea), Sony Group Corporation (Japan), Huawei Technologies Co., Ltd. (China), LG Electronics. (South Korea), Alphabet Inc. (US), Microsoft (US), Lenovo (Hong Kong), Meta (US), Amazon.com, Inc (US), Xiaomi (China), OPPO (China), and Imagine Marketing Limited (India) .
The global image sensor market is expected to grow from USD 20.66 billion in 2024 to USD 29.62 billion by 2029, at a compound annual growth rate (CAGR) of 7.5% during the forecast period.The key players Sony Corporation (Japan), Samsung. (South Korea), Omnivision (US), Semiconductor Components Industries, LLC (US) and STMicroelectronics (Switzerland), Panasonic Holdings Corporation (Japan), Canon Inc. (Japan), HAMAMATSU PHOTONICS KK. (Japan), Teledyne Technologies Incorporated. (US), SK HYNIX INC. (South Korea), Himax Technologies Inc. (Taiwan) .
The global steam trap market is expected to grow from USD 4.57 billion by 2024 to USD 5.57 billion by 2029, at a compound annual growth rate (CAGR) of 4.1% during the forecast period.The key players Spirax Group plc (UK), Emerson Electric Co. (US), Thermax Limited (India), SLB (US), Velan Inc. (Canada), Watts (US), Armstrong International Inc. (US), TLV CO., LTD. (Japan), Forbes Marshall (India), Xylem (US).
The global NFC market is expected to grow from USD 21.69 billion by 2024 to USD 30.55 billion by 2029, at a compound annual growth rate (CAGR) of 7.1% during the forecast period.The key players NXP Semiconductors (Netherlands), Broadcom (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Renesas Electronics Corporation (Japan), ams-OSRAM AG (Austria), Thales (France), and Infineon Technologies AG (Germany).
The global level sensors market is expected to grow from USD 5.56 billion in 2024 to USD 7.64 billion in 2029, at a compound annual growth rate (CAGR) of 6.5% during the forecast period.The key players ABB (Switzerland), Emerson Electric Co. (US), AMETEK.Inc. (US), Siemens (Germany), and Honeywell International Inc. (US).
The global refrigeration coolers market is projected to reach USD 5.74 billion by 2029, registering a CAGR of 6.5% during the forecast period. The refrigeration coolers market includes significant Tier I and II players such Johnsons Controls (Ireland), Lennox International (US), Lu-Ve Group(Italy), Rivacold (Italy),Kelvion Holding GmBH (Germany), Modine Manufacturing (US) and Copeland (US), among others.
The neuromorphic computing market is expected to grow from USD 28.5 million in 2024 to USD 1,325.2 million by 2030, at a compound annual growth rate (CAGR) of 89.7% during the forecast period.The key players Intel Corporation (US), IBM (US), Qualcomm Technologies, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), BrainChip, Inc. (Australia), SynSense (China), MediaTek Inc. (Taiwan), NXP Semiconductors (Netherlands), Advanced Micro Devices, Inc. (US), Hewlett Packard Enterprise Development LP (US), OMNIVISION (US).
The power electronics software market is expected to grow from USD 3.33 billion in 2025 to USD 5.25 billion by 2030, at a compound annual growth rate (CAGR) of 9.5% during the forecast period.The key players MathWorks, Inc. (US), Keysight Technologies (US), Cadence Design Systems, Inc. (US), Synopsys, Inc. (US), Altair Engineering Inc. (US), NATIONAL INSTRUMENTS CORP. (US), Renesas Electronics Corporation (Japan), Infineon Technologies AG (Germany), dSPACE GmbH (Germany), and Siemens (Germany), Analog Devices, Inc. (US), Sidelinesoft, LLC (US), AESIM.tech (Canada), Plexim GmbH (Switzerland), Manitoba Hydro International Ltd. (Canada), Imperix power electronics (Switzerland), Typhoon HIL, Inc. (US), Mirabilis Design Inc. (US), Power Smart Control (Spain), COMSOL (Sweden), Speedgoat GmbH (Switzerland), Siemens (Germany), RTDS Technologies Inc (Canada), Powersys (France), AVL (Austria).
Semiconductor Industry Outlook is expected to grow from USD 628 billion in the year 2024 to USD 707 billion in the year 2025, at a compound annual growth rate (CAGR) of 12.5 %. during the forecast period. The key players NVIDIA Corporation (US), Apple Inc. (US), Intel Corporation (US), Advanced Micro Devices, Inc. (US), SAMSUNG (South Korea), Qualcomm (US), NXP Semiconductors (Netherlands), STMicroelectronics (Switzerland), MediaTek Inc. (Taiwan), Texas Instruments Incorporated (US), Broadcom Inc. (US), Micron Technology, Inc. (US), SK Hynix Inc. (South Korea).
The livestock identification market is expected to grow from USD 1.74 billion in 2025 to USD 2.78 billion by 2031, at a compound annual growth rate (CAGR) of 8.1% during the forecast period.The key Players Merck & Co., Inc. (US), Datamars (Switzerland), Nedap N.V. (Netherlands), MS Schippers (Netherlands), Shearwell Data Ltd. (UK), Leader Products (Australia), CAISLEY International GmbH (Germany), Kupsan Tag Company Ltd. (Turkey), Luoyang Laipson Information Technology Co., Ltd. (China), OMNIA Technologies, Inc. (India).
The global fiber optic components market is expected to grow from USD 36.69 billion in 2025 to USD 58.65 billion by 2030, at a compound annual growth rate (CAGR) of 9.8% during the forecast period.The key players Coherent Corporation (US), Lumentum Holdings Inc. (US), Broadcom Inc. (US), Sumitomo Electric Industries (Japan), Accelink Technologies (China), Amphenol Corporation (US), Acacia Communications, Inc. (US), EMCORE Corporation (US), Fujitsu Optical Components (Japan), and Furukawa Electric (Japan).
The livestock monitoring market is expected to grow from USD 1.65 billion in 2025 to USD 2.57 billion by 2031, at a compound annual growth rate (CAGR) of 7.7% during the forecast period. The key players Merck & Co., Inc. (US), GEA Group (Germany), DeLaval (Sweden), Nedap N.V. (Netherlands), Afimilk Ltd. (Israel), BouMatic (US), Datamars (Switzerland), ENGS Systems (Israel), CowManager (Netherlands), and Dairymaster (Ireland).
The global automated storage & retrieval system market is expected to grow from USD 9.86 billion in 2025 to USD 14.80 billion in 2030, at a compound annual growth rate (CAGR) of 8.5% during the forecast period. The key players TGW Logistics Group (Austria), Kardex (Switzerland), Daifuku Co., Ltd. (Japan), Murata Manufacturing Co., Ltd. (Japan), SSI SCHAEFER (Germany).
The global humidity sensor market is expected to grow from USD 3.44 billion in 2025 to USD 4.64 billion by 2030, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.The key players in the Amphenol Advanced Sensors (Subsidiary of Amphenol Corporation) (US), Honeywell International Inc. (US), Texas Instruments Incorporated (US), Setra Systems (US), Sensirion AG (Switzerland), TE Connectivity (Ireland), Siemens (Germany), Teracom (Sweden), Bosch Sensortec GmbH (Subsidiary of Robert Bosch GmbH) (US), Schneider Electric (France), and Renesas Electronics Corporation. (Japan).
The global monolithic microwave IC market is expected to grow from USD 14.53 billion in 2025 to USD 23.91 billion by 2030, at a compound annual growth rate (CAGR) of 10.5% during the forecast period. The key players Qorvo, Inc. (US), MACOM (US), Skyworks Solutions, Inc. (US), NXP Semiconductors (Netherlands), Analog Devices, Inc. (US), Infineon Technologies AG (Germany), WIN Semiconductors (China), United Monolithic Semiconductors (France), Mini-Circuits (US), Keysight Technologies (US), VECTRAWAVE (France), BeRex (South Korea), Reliasat (UK), Semiconductor Components Industries, LLC (US), and MicroWave Technology, Inc. (US).
The global smart glass market is expected to grow from USD 6.42 billion in 2025 to USD 10.42 billion in 2030, at a compound annual growth rate (CAGR) of 10.2% during the forecast period. The key players Saint Gobain (France), AGC Inc. (Japan), Gentex Corporation (US), Corning Incorporated (US), Nippon Sheet Glass Co Ltd (Japan), View Inc (US), Guazy Ltd and Entities (Israel), Xinyi Glass Holdings Limited (China), Research Frontiers (US), Diamond Switchable Glass Ltd (Ireland).
The global position sensor market is expected to grow from USD 13.25 billion in 2025 to USD 19.02 billion in 2030, at a compound annual growth rate (CAGR) of 7.5% during the forecast period.The key players Honeywell International Inc. (US), TDK Corporation (Japan), STMicroelectronics (Switzerland), Amphenol Corporation (US), SICK AG (Germany), Sensata Technologies, Inc. (US), TE Connectivity (Ireland), Texas Instruments Incorporated (US), ams-OSRAM AG (Austria), Analog Devices, Inc. (US), CTS Corporation (US), Infineon Technologies AG (Germany), Microchip Technology Inc. (US), Vishay Intertechnology, Inc. (US), and Novotechnik U.S. Inc. (US) .
The global data center containment market is expected to grow from USD 2.1 billion in 2024 to USD 3.6 billion by 2029, at a compound annual growth rate (CAGR) of 11.8% during the forecast period.The key players Vertiv Group Corp (US), Rittal GmbH & Co. KG (Germany), Eaton (Ireland), nVent (UK), Legrand (France), Schneider Electric (France), Sealco (US), Maysteel (US), Tate (US), Polargy, Inc. (US).
The global smart manufacturing market is expected to grow from USD 233.33 billion by 2024 to USD 479.17 billion by 2029, at a compound annual growth rate (CAGR) of 15.5% during the forecast period.The key players 3D Systems, Inc. (US), ABB (Switzerland), Cisco Systems, Inc. (US), Emerson Electric Co. (US), General Electric (US), Honeywell International Inc.(US), and IBM (US).
The global diffractive optical element market is expected to grow from USD 220.9 million in 2024 to USD 388.7 million in 2030, at a compound annual growth rate (CAGR) of 9.9% during the forecast period.The key players Zeiss Group (Germany), AGC Inc (Japan), Cohernet Corp (US), Jenoptik (Germany), HOLO/OR Ltd (Israel), Broadcom (US), Nalux Co., Ltd (Japan), Holoeye Photonics AG (Germany), Nissei Technology Corp (Japan), Sintec Optronics Ltd (Singapore).
The global Aerospace testing market is expected to grow from USD 5.29 billion in 2024 to USD 6.68 billion by 2029, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The key players Element Materials Technology (UK), SGS SA (Switzerland), Intertek Group plc (UK), Applus+ (Spain), TÜV SÜD (Germany), TÜV Rheinland (Germany), TÜV NORD Group (Germany), Rohde & Schwarz (Germany), Eurofins Scientific (Luxembourg), The Boeing Company (US), Airbus (Netherlands), MISTRAS Group (US), Lockheed Martin Corporation (US), Bureau Veritas (France), and DEKRA (Germany).
The humanoid robot market is expected to grow from USD 2.03 billion in 2024 to USD 13.25 billion by 2029, at a compound annual growth rate (CAGR) of 45.5% during the forecast period.The key players SoftBank Robotics (Japan), ROBOTIS (South Korea), Agility Robotics (US), UBTECH Robotics (China), Pal Robotics (Spain).
The AI PC market is expected to grow from USD 50.61 billion in 2024 to USD 231.30 billion by 2030, at a compound annual growth rate (CAGR) of 28.82% during the forecast period.The key players Apple Inc. (US), Dell Inc. (US), HP Development Company, L.P. (US), Lenovo (China), ASUSTeK Computer Inc. (Taiwan), Intel Corporation (US), Advanced Micro Devices, Inc. (US), NVIDIA Corporation (US), Acer Inc. (Taiwan), and Microsoft (US).
The Semiconductor Manufacturing Equipment market is expected to grow from USD 109.24 billion in 2024 to USD 155.09 billion by 2029, at a compound annual growth rate (CAGR) of 7.3% during the forecast period.The key players Applied Materials, Inc. (US), ASML (Netherlands), Tokyo Electron Limited (Japan), Lam Research Corporation (US), KLA Corporation (US), SCREEN Holdings Co., Ltd. (Japan), Teradyne, Inc. (US), Advantest Corporation (Japan), Hitachi High-Tech Corporation (Japan), and Plasma-Therm (US).
The global industrial control & factory automation market is expected to grow from USD 255.88 billion by 2024 to USD 399.12 billion by 2029, at a compound annual growth rate (CAGR) of 9.3% during the forecast period.The key players ABB (Switzerland), Emerson Electric Co. (US), General Electric (US), Honeywell International Inc. (US), and Siemens (Germany).