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Modular Automation Market worth $7.0 billion by 2029 - Exclusive Report by MarketsandMarkets™
Modular Distributed Control Systems (DCS) by mobility are projected to grow at the highest CAGR during the forecast period. These systems offer advanced capabilities for managing and controlling complex industrial processes with enhanced flexibility and scalability. By decentralizing control functions and distributing them across various modules, modular DCS can be tailored to specific application needs, improving system reliability and efficiency.
Robot controllers are essential for the precise operation and coordination of robotic systems, enabling tasks ranging from simple automation to complex, multi-axis movements. They provide critical functionalities such as real-time processing, motion control, and seamless integration with other automation components. efficiency. The growing adoption of robotics across various industries such as manufacturing, healthcare, and logistics drives the demand for advanced robot controllers. As companies strive for higher efficiency, productivity, and flexibility in their operations, the market for robot controllers is set to expand significantly, securing its position as the leading hardware type in modular automation.
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During the forecast period, North America is expected to hold the second-highest market share in the modular automation industry . This region benefits from a robust industrial base, advanced technological infrastructure, and significant investments in research and development. Industries such as automotive, pharmaceuticals, chemicals, food and beverage, and electronics are increasingly adopting modular automation to enhance efficiency, reduce operational costs, and maintain competitive advantages.
The Modular Automation Companies includes significant Tier I and II players like ABB ( Switzerland ), Festo Inc. ( Germany ), Yokogawa Electric Corporation ( Japan ), Siemens ( Germany ), HIMA ( Germany ), and others. These players have a strong market presence in various North American, European, Asia Pacific , and RoW countries.
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