Global Industrial Automation Market in Life Sciences Industry 2024-2028

The industrial automation market in life sciences industry is forecasted to grow by USD 5.06 bn during 2023-2028, accelerating at a CAGR of 11.4% during the forecast period. The report on the industrial automation market in life sciences industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.12%
CAGR	11.4%
Incremental Value	$5.06bn

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing global demand for healthcare services, improved data security in industrial automation, and growing demand for improved quality of products and services in life sciences.

Technavio's industrial automation market in life sciences industry is segmented as below:

By Deployment

Onsite
Decentralised

By Product

DCS
SCADA
PLC
MES

By Geography

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the growing adoption of open-process automation as one of the prime reasons driving the industrial automation market in life sciences industry growth during the next few years. Also, increasing plc advancement and growing implementation of software as a service will lead to sizable demand in the market.

The report on the industrial automation market in life sciences industry covers the following areas:

Industrial automation market in life sciences industry sizing
Industrial automation market in life sciences industry forecast
Industrial automation market in life sciences industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial automation market in life sciences industry vendors that include ABB Ltd., Applied Materials Inc., Aspen Technology Inc., Azbil Corp., Balluff GmbH, Danaher Corp., Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, Honeywell International Inc., Johnson Controls International Plc, Mitsubishi Electric Corp., OMRON Corp., Parker Hannifin Corp., Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, Yokogawa Electric Corp., and Festo SE and Co. KG. Also, the industrial automation market in life sciences industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40901

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global industrial automation market in life sciences industry 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global industrial automation market in life sciences industry 2018 - 2022 ($ billion)
4.2 Deployment Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Deployment Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Deployment

6.1 Market segments
Exhibit 30: Chart on Deployment - Market share 2023-2028 (%)
Exhibit 31: Data Table on Deployment - Market share 2023-2028 (%)
6.2 Comparison by Deployment
Exhibit 32: Chart on Comparison by Deployment
Exhibit 33: Data Table on Comparison by Deployment
6.3 Onsite - Market size and forecast 2023-2028
Exhibit 34: Chart on Onsite - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Onsite - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Onsite - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Onsite - Year-over-year growth 2023-2028 (%)
6.4 Decentralised - Market size and forecast 2023-2028
Exhibit 38: Chart on Decentralised - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Decentralised - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Decentralised - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Decentralised - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Deployment
Exhibit 42: Market opportunity by Deployment ($ billion)
Exhibit 43: Data Table on Market opportunity by Deployment ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 44: Chart on Product - Market share 2023-2028 (%)
Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 46: Chart on Comparison by Product
Exhibit 47: Data Table on Comparison by Product
7.3 DCS - Market size and forecast 2023-2028
Exhibit 48: Chart on DCS - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on DCS - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on DCS - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on DCS - Year-over-year growth 2023-2028 (%)
7.4 SCADA - Market size and forecast 2023-2028
Exhibit 52: Chart on SCADA - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on SCADA - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on SCADA - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on SCADA - Year-over-year growth 2023-2028 (%)
7.5 PLC - Market size and forecast 2023-2028
Exhibit 56: Chart on PLC - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on PLC - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on PLC - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on PLC - Year-over-year growth 2023-2028 (%)
7.6 MES - Market size and forecast 2023-2028
Exhibit 60: Chart on MES - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on MES - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on MES - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on MES - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Product
Exhibit 64: Market opportunity by Product ($ billion)
Exhibit 65: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share by geography 2023-2028 (%)
Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 Italy - Market size and forecast 2023-2028
Exhibit 99: Chart on Italy - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Italy - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Italy - Year-over-year growth 2023-2028 (%)
9.11 China - Market size and forecast 2023-2028
Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
Exhibit 111: Market opportunity by geography ($ billion)
Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 119: ABB Ltd. - Overview
Exhibit 120: ABB Ltd. - Business segments
Exhibit 121: ABB Ltd. - Key offerings
Exhibit 122: ABB Ltd. - Segment focus
12.4 Applied Materials Inc.
Exhibit 123: Applied Materials Inc. - Overview
Exhibit 124: Applied Materials Inc. - Business segments
Exhibit 125: Applied Materials Inc. - Key offerings
Exhibit 126: Applied Materials Inc. - Segment focus
12.5 Aspen Technology Inc.
Exhibit 127: Aspen Technology Inc. - Overview
Exhibit 128: Aspen Technology Inc. - Business segments
Exhibit 129: Aspen Technology Inc. - Key offerings
Exhibit 130: Aspen Technology Inc. - Segment focus
12.6 Azbil Corp.
Exhibit 131: Azbil Corp. - Overview
Exhibit 132: Azbil Corp. - Business segments
Exhibit 133: Azbil Corp. - Key news
Exhibit 134: Azbil Corp. - Key offerings
Exhibit 135: Azbil Corp. - Segment focus
12.7 Balluff GmbH
Exhibit 136: Balluff GmbH - Overview
Exhibit 137: Balluff GmbH - Product / Service
Exhibit 138: Balluff GmbH - Key offerings
12.8 Danaher Corp.
Exhibit 139: Danaher Corp. - Overview
Exhibit 140: Danaher Corp. - Business segments
Exhibit 141: Danaher Corp. - Key news
Exhibit 142: Danaher Corp. - Key offerings
Exhibit 143: Danaher Corp. - Segment focus
12.9 Dassault Systemes SE
Exhibit 144: Dassault Systemes SE - Overview
Exhibit 145: Dassault Systemes SE - Product / Service
Exhibit 146: Dassault Systemes SE - Key news
Exhibit 147: Dassault Systemes SE - Key offerings
12.10 Emerson Electric Co.
Exhibit 148: Emerson Electric Co. - Overview
Exhibit 149: Emerson Electric Co. - Business segments
Exhibit 150: Emerson Electric Co. - Key news
Exhibit 151: Emerson Electric Co. - Key offerings
Exhibit 152: Emerson Electric Co. - Segment focus
12.11 Endress Hauser Group Services AG
Exhibit 153: Endress Hauser Group Services AG - Overview
Exhibit 154: Endress Hauser Group Services AG - Product / Service
Exhibit 155: Endress Hauser Group Services AG - Key news
Exhibit 156: Endress Hauser Group Services AG - Key offerings
12.12 Festo SE and Co. KG
Exhibit 157: Festo SE and Co. KG - Overview
Exhibit 158: Festo SE and Co. KG - Product / Service
Exhibit 159: Festo SE and Co. KG - Key offerings
12.13 Honeywell International Inc.
Exhibit 160: Honeywell International Inc. - Overview
Exhibit 161: Honeywell International Inc. - Business segments
Exhibit 162: Honeywell International Inc. - Key news
Exhibit 163: Honeywell International Inc. - Key offerings
Exhibit 164: Honeywell International Inc. - Segment focus
12.14 Johnson Controls International Plc
Exhibit 165: Johnson Controls International Plc - Overview
Exhibit 166: Johnson Controls International Plc - Business segments
Exhibit 167: Johnson Controls International Plc - Key news
Exhibit 168: Johnson Controls International Plc - Key offerings
Exhibit 169: Johnson Controls International Plc - Segment focus
12.15 Mitsubishi Electric Corp.
Exhibit 170: Mitsubishi Electric Corp. - Overview
Exhibit 171: Mitsubishi Electric Corp. - Business segments
Exhibit 172: Mitsubishi Electric Corp. - Key news
Exhibit 173: Mitsubishi Electric Corp. - Key offerings
Exhibit 174: Mitsubishi Electric Corp. - Segment focus
12.16 OMRON Corp.
Exhibit 175: OMRON Corp. - Overview
Exhibit 176: OMRON Corp. - Business segments
Exhibit 177: OMRON Corp. - Key news
Exhibit 178: OMRON Corp. - Key offerings
Exhibit 179: OMRON Corp. - Segment focus
12.17 Parker Hannifin Corp.
Exhibit 180: Parker Hannifin Corp. - Overview
Exhibit 181: Parker Hannifin Corp. - Business segments
Exhibit 182: Parker Hannifin Corp. - Key news
Exhibit 183: Parker Hannifin Corp. - Key offerings
Exhibit 184: Parker Hannifin Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 185: Inclusions checklist
Exhibit 186: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 187: Currency conversion rates for US$
13.4 Research methodology
Exhibit 188: Research methodology
Exhibit 189: Validation techniques employed for market sizing
Exhibit 190: Information sources
13.5 List of abbreviations
Exhibit 191: List of abbreviations