Modular Automation Market by Type (Modular Type Packages, Modular DCS), Mobility (Semi-automatic, Fully Automatic), Component (Robot Controllers, I/O Modules, Drives & Motors, Sensors & Actuators, Safety), End-user Industry - Global Forecast to 2029
The Modular Automation Market is projected to grow from USD 4.8 billion in 2024 to USD 7.0 billion in 2029; it is expected to grow at a CAGR of 7.9% during the forecasted period. The Modular Automation Market is growing worldwide due to factors like the rising demand for flexible and scalable production processes, the necessity for quick adaptation to shifting market conditions, the focus on enhancing operational efficiency and reducing downtime, and the incorporation of advanced technologies. Furthermore, the emphasis on sustainability and the capability to reuse and repurpose existing modules significantly contribute to the market's expansion.
“Modular Type Packages holds the largest market share by type during the forecasted period.”
Modular packages are poised to dominate market share by type during the forecast period. These packages offer flexibility and scalability, allowing businesses to customize automation solutions to specific needs and processes. By modularizing their systems, organizations can efficiently integrate and upgrade components such as software modules, hardware modules, and communication interfaces. This approach enhances operational efficiency and accelerates time-to-market for new products and services. As industries prioritize agility and cost-effectiveness, modular packages emerge as the preferred choice, driving growth and adoption across various sectors worldwide.
“Pharmaceutical holds the largest market share by End-user Industries during the forecasted period.”
During the forecast period, the pharmaceutical industry is expected to hold the largest market share among end-use industries in modular automation. This sector relies heavily on stringent quality control, precision manufacturing processes, and high levels of automation to ensure product safety and regulatory compliance. Modular automation solutions offer pharmaceutical companies the ability to achieve these objectives by providing flexibility in production setups, scalability to meet varying demands, and integration of advanced technologies like robotics and IoT for enhanced operational efficiency. As pharmaceutical manufacturers seek to optimize production, reduce time-to-market for new drugs, and comply with evolving regulatory standards, the adoption of modular automation is set to expand significantly, solidifying its leadership position in the market.
The study contains various industry experts' insights, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
Research Coverage:
This market research report thoroughly analyses the Modular Automation Market, categorized by type, mobility, component, end-user industry, and region. Key insights encompass identifying primary drivers and challenges influencing market growth, providing a reliable market forecast until 2029, and presenting a detailed competitive landscape analysis with key players strategically positioned in the Modular automation ecosystem.
The research covers various topics, including market size, growth trends, and industry forecasts. It delves into technology advancements, regulatory frameworks, and emerging market segments. The research often includes competitive analysis, identifying key players and their market share, and exploring factors driving or restraining market growth. This meticulous examination aims to furnish valuable insights for stakeholders to leverage opportunities and navigate potential challenges in the Modular Automation Market.
Key Benefits of Buying the Report
“Modular Type Packages holds the largest market share by type during the forecasted period.”
Modular packages are poised to dominate market share by type during the forecast period. These packages offer flexibility and scalability, allowing businesses to customize automation solutions to specific needs and processes. By modularizing their systems, organizations can efficiently integrate and upgrade components such as software modules, hardware modules, and communication interfaces. This approach enhances operational efficiency and accelerates time-to-market for new products and services. As industries prioritize agility and cost-effectiveness, modular packages emerge as the preferred choice, driving growth and adoption across various sectors worldwide.
“Pharmaceutical holds the largest market share by End-user Industries during the forecasted period.”
During the forecast period, the pharmaceutical industry is expected to hold the largest market share among end-use industries in modular automation. This sector relies heavily on stringent quality control, precision manufacturing processes, and high levels of automation to ensure product safety and regulatory compliance. Modular automation solutions offer pharmaceutical companies the ability to achieve these objectives by providing flexibility in production setups, scalability to meet varying demands, and integration of advanced technologies like robotics and IoT for enhanced operational efficiency. As pharmaceutical manufacturers seek to optimize production, reduce time-to-market for new drugs, and comply with evolving regulatory standards, the adoption of modular automation is set to expand significantly, solidifying its leadership position in the market.
The study contains various industry experts' insights, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 -25%, Tier 2 -40%, and Tier 3 - 35%
- By Designation: C-level Executives - 30%, Directors - 28%, and Others -42%
- By Region: North America - 37%, Europe -15%, Asia Pacific - 43%, ROW - 5%
Research Coverage:
This market research report thoroughly analyses the Modular Automation Market, categorized by type, mobility, component, end-user industry, and region. Key insights encompass identifying primary drivers and challenges influencing market growth, providing a reliable market forecast until 2029, and presenting a detailed competitive landscape analysis with key players strategically positioned in the Modular automation ecosystem.
The research covers various topics, including market size, growth trends, and industry forecasts. It delves into technology advancements, regulatory frameworks, and emerging market segments. The research often includes competitive analysis, identifying key players and their market share, and exploring factors driving or restraining market growth. This meticulous examination aims to furnish valuable insights for stakeholders to leverage opportunities and navigate potential challenges in the Modular Automation Market.
Key Benefits of Buying the Report
- Analysis of key drivers (Demand for flexibility in contemporary manufacturing sectors, Cost savings through scalability and reusability, Technological advancements driving innovation), restraints (Initial implementation challenges in integration, Concerns over compatibility between components, Security risks in connected modular systems, and Resistance to change among workforce), opportunities (Expansion into emerging industrial markets, Growing demand for customized solutions, Integration opportunities within Industry 4.0, Service and maintenance market growth), and challenges (Skills gap in modular automation expertise, Regulatory compliance complexities, Supply chain disruptions affecting production, and Addressing sustainability concerns in product development.)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the Modular Automation Market
- Market Development: Comprehensive information about lucrative markets - the report analyses the Modular Automation Market across varied regions.
- Market Diversification: Exhaustive information about new services, untapped geographies, recent developments, and investments in the Modular Automation Market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players in the modular automation market, such as ABB (Switzerland), Festo Inc. (Germany), Yokogawa Electric Corporation (Japan), Siemens (Germany), and HIMA (Germany).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 RECESSION IMPACT ON MODULAR AUTOMATION MARKET
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 PRIMARY DATA
2.1.1.1 Key data from primary sources
2.1.1.2 List of key primary interview participants
2.1.1.3 Breakdown of primaries
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM–UP APPROACH
2.2.1.1 Approach to arrive at market size using bottom–up analysis
2.2.2 TOP–DOWN APPROACH
2.2.2.1 Approach to arrive at market size using top–down analysis
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ANALYSIS
2.6 RECESSION IMPACT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MODULAR AUTOMATION MARKET
4.2 MODULAR AUTOMATION MARKET IN NORTH AMERICA, BY COUNTRY AND APPLICATION
4.3 MODULAR AUTOMATION MARKET IN ASIA PACIFIC, BY APPLICATION
4.4 MODULAR AUTOMATION MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rising demand for flexibility in contemporary manufacturing
5.2.1.2 Increasing focus of businesses on cost savings through scalability and reusability
5.2.1.3 Ongoing innovations due to technological advancements
5.2.2 RESTRAINTS
5.2.2.1 Requirement for high initial investment, specialized training, and interdepartmental coordination
5.2.2.2 Compatibility issues
5.2.2.3 Cybersecurity concerns
5.2.3 OPPORTUNITIES
5.2.3.1 Rapid industrialization in developing nations
5.2.3.2 Growing demand for customized solutions
5.2.3.3 Integration of modular automation systems within Industry 4.0 frameworks
5.2.3.4 Constant demand for support and maintenance services by end users
5.2.4 CHALLENGES
5.2.4.1 Shortage of expertise in modular automation skills
5.2.4.2 Complexities associated with regulatory framework
5.2.4.3 Supply chain disruptions
5.2.4.4 Addressing sustainability concerns in product development
5.2.4.5 Resistance to change
5.3 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HARDWARE
5.6.2 AVERAGE SELLING PRICE TREND OF MODULAR AUTOMATION HARDWARE,
BY REGION
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Industrial Internet of Things (IIoT)
5.7.1.2 Robotic systems
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 5G connectivity
5.7.2.2 Edge computing
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Additive manufacturing
5.7.3.2 Augmented reality (AR) and virtual reality (VR)
5.8 PORTER'S FIVE FORCES ANALYSIS
5.8.1 INTENSITY OF COMPETITIVE RIVALRY
5.8.2 BARGAINING POWER OF SUPPLIERS
5.8.3 BARGAINING POWER OF BUYERS
5.8.4 THREAT OF SUBSTITUTES
5.8.5 THREAT OF NEW ENTRANTS
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.9.2 BUYING CRITERIA
5.10 CASE STUDY ANALYSIS
5.10.1 AUTOMATED SOLUTIONS FOR ADVANCING SMALL MODULAR REACTOR (SMR) TECHNOLOGY
5.10.2 RESHAPING CONSUMER GOODS MANUFACTURING WITH FLEXIBLE AUTOMATION
5.10.3 DRIVING INNOVATION AND AUTOMATION IN EV BATTERY MANUFACTURING
5.10.4 REVOLUTIONIZING MEDICAL DEVICE PRODUCTION AND ENHANCING OUTPUT WITH ADVANCED AUTOMATION TECHNOLOGY
5.11 INVESTMENT AND FUNDING SCENARIO
5.12 TRADE ANALYSIS
5.12.1 IMPORT DATA (HS CODE 847950)
5.12.2 EXPORT DATA (HS CODE 847950)
5.13 PATENT ANALYSIS
5.14 KEY CONFERENCES AND EVENTS, 2024–2025
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 STANDARDS AND REGULATIONS
5.15.2.1 Standards
5.15.2.2 Regulations
6 MODULAR AUTOMATION MARKET, BY MOBILITY
6.1 INTRODUCTION
6.2 SEMI–AUTOMATIC
6.2.1 COMBINATION OF HUMAN JUDGMENT, DEXTERITY, AND MACHINE PRECISION TO BOOST ADOPTION
6.3 FULLY AUTOMATIC
6.3.1 NEED FOR HIGH–SPEED PRODUCTION WITH CONSISTENT QUALITY TO DRIVE MARKET
7 MODULAR AUTOMATION MARKET, BY OFFERING
7.1 INTRODUCTION
7.2 HARDWARE
7.2.1 ROBOT CONTROLLERS
7.2.1.1 Growing trend of automating repetitive and labor–intensive tasks to drive adoption
7.2.2 INPUT/OUTPUT (I/O) MODULES
7.2.2.1 Increasing use to convert input signals from sensors and switches into data to support segmental growth
7.2.3 DRIVES AND MOTORS
7.2.3.1 Need to convert electrical signals into mechanical motion to boost demand
7.2.4 SENSORS AND ACTUATORS
7.2.4.1 Focus on precise and reliable operation in automation to foster segmental growth
7.2.5 SAFETY COMPONENTS
7.2.5.1 Stringent regulations to ensure workplace safety to elevate adoption
7.3 SOFTWARE
7.3.1 NEED FOR AUTOMATIC RECTIFICATION OF ISSUES TO DRIVE MARKET
8 MODULAR AUTOMATION MARKET, BY TYPE
8.1 INTRODUCTION
8.2 MODULAR TYPE PACKAGE
8.2.1 ESTABLISHMENT OF UNIFORM COMMUNICATION PROTOCOLS AND INTERFACES TO BOOST SEGMENTAL GROWTH
8.2.2 STANDARDIZED SOLUTIONS
8.2.3 APPLICATION–SPECIFIC SOLUTIONS
8.3 MODULAR DISTRIBUTED CONTROL SYSTEM
8.3.1 SIMPLIFIED MAINTENANCE AND UPGRADES TO SUPPORT SEGMENTAL GROWTH
9 MODULAR AUTOMATION MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 PHARMACEUTICAL
9.2.1 NEED FOR REAL–TIME MONITORING AND CONTROL OF DRUG PRODUCTION PROCESSES TO BOOST DEMAND
9.3 CHEMICAL
9.3.1 SIGNIFICANT FOCUS OF CHEMICAL MANUFACTURERS ON ACHIEVING GREATER OPERATIONAL AGILITY TO DRIVE MARKET
9.4 FOOD & BEVERAGE
9.4.1 GREATER FLEXIBILITY AND SCALABILITY AND STRINGENT HYGIENE STANDARDS TO FUEL MARKET GROWTH
9.5 LOGISTICS & WAREHOUSING
9.5.1 SURGING ADOPTION OF ASRS SOLUTIONS AND ROBOTS TO SUPPORT MARKET GROWTH
9.6 OTHERS
10 MODULAR AUTOMATION MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: RECESSION IMPACT
10.2.2 US
10.2.2.1 Rising demand for flexible and scalable automation systems
by manufacturing firms to drive market
10.2.3 CANADA
10.2.3.1 Strong focus on sustainable and smart manufacturing to fuel market growth
10.2.4 MEXICO
10.2.4.1 Adoption of Industry 4.0 to ensure improved productivity, quality, and operational efficiency to foster market growth
10.3 EUROPE
10.3.1 EUROPE: RECESSION IMPACT
10.3.2 GERMANY
10.3.2.1 Pharmaceuticals and food & beverages industries to contribute to market growth
10.3.3 UK
10.3.3.1 Escalating need for effective and adaptable manufacturing processes to drive market
10.3.4 FRANCE
10.3.4.1 Increasing investments in R&D to innovate and improve automation equipment to drive market
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: RECESSION IMPACT
10.4.2 CHINA
10.4.2.1 Increasing adoption of smart manufacturing practices to drive market
10.4.3 JAPAN
10.4.3.1 Integration of cutting–edge technologies in industrial sector to accelerate market growth
10.4.4 SOUTH KOREA
10.4.4.1 Government support encouraging smart manufacturing to boost demand
10.4.5 REST OF ASIA PACIFIC
10.5 ROW
10.5.1 ROW: RECESSION IMPACT
10.5.2 MIDDLE EAST
10.5.2.1 Increasing investments in infrastructure and industrial development projects to create opportunities
10.5.3 SOUTH AMERICA
10.5.3.1 Growing adoption of digital technologies to support market growth
10.5.4 AFRICA
10.5.4.1 Focus on sustainable and efficient manufacturing to generate lucrative opportunities
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
11.3 REVENUE ANALYSIS, 2019–2023
11.4 MARKET SHARE ANALYSIS, 2023
11.5 COMPANY VALUATION AND FINANCIAL METRICS
11.6 BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.7.5.1 Company footprint
11.7.5.2 Region footprint
11.7.5.3 Type footprint
11.7.5.4 Mobility footprint
11.7.5.5 Offering footprint
11.7.5.6 Application footprint
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
11.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
11.8.5.1 Detailed list of startups/SMEs
11.8.5.2 Competitive benchmarking of key startups/SMEs
11.9 COMPETITIVE SCENARIO AND TRENDS
11.9.1 PRODUCT LAUNCHES
11.9.2 DEALS
11.9.3 OTHER DEVELOPMENTS
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 ABB
12.1.1.1 Business overview
12.1.1.2 Products/Solutions/Services offered
12.1.1.3 Recent developments
12.1.1.3.1 Product launches
12.1.1.3.2 Deals
12.1.1.4 MnM view
12.1.1.4.1 Key strengths
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses and competitive threats
12.1.2 FESTO
12.1.2.1 Business overview
12.1.2.2 Products/Solutions/Services offered
12.1.2.3 Recent developments
12.1.2.3.1 Product launches
12.1.2.4 MnM view
12.1.2.4.1 Key strengths
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses and competitive threats
12.1.3 YOKOGAWA ELECTRIC CORPORATION
12.1.3.1 Business overview
12.1.3.2 Products/Solutions/Services offered
12.1.3.3 Recent developments
12.1.3.3.1 Products launches
12.1.3.4 MnM view
12.1.3.4.1 Key strengths
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses and competitive threats
12.1.4 SIEMENS
12.1.4.1 Business overview
12.1.4.2 Products/Solutions/Services offered
12.1.4.3 Recent developments
12.1.4.3.1 Product launches
12.1.4.3.2 Deals
12.1.4.4 MnM view
12.1.4.4.1 Key strengths
12.1.4.4.2 Strategic choices
12.1.4.4.3 Weaknesses and competitive threats
12.1.5 HIMA
12.1.5.1 Business overview
12.1.5.2 Products/Solutions/Services offered
12.1.5.3 Recent developments
12.1.5.3.1 Product launches
12.1.5.3.2 Deals
12.1.5.4 MnM view
12.1.5.4.1 Key strengths
12.1.5.4.2 Strategic choices
12.1.5.4.3 Weaknesses and competitive threats
12.1.6 BOSCH REXROTH AG
12.1.6.1 Business overview
12.1.6.2 Products/Solutions/Services offered
12.1.6.3 Recent developments
12.1.6.3.1 Product launches
12.1.6.3.2 Deals
12.1.7 MODULAR AUTOMATION
12.1.7.1 Business overview
12.1.7.2 Products/Solutions/Services offered
12.1.7.3 Recent developments
12.1.7.3.1 Deals
12.1.8 ASCENTIAL TECHNOLOGIES
12.1.8.1 Business overview
12.1.8.2 Products/Solutions/Services offered
12.1.8.3 Recent developments
12.1.8.3.1 Deals
12.1.9 GINOLIS OY
12.1.9.1 Business overview
12.1.9.2 Products/Solutions/Services offered
12.1.9.3 Recent developments
12.1.9.3.1 Product launches
12.1.9.3.2 Deals
12.1.10 INNITI
12.1.10.1 Business overview
12.1.10.2 Products/Solutions/Services offered
12.1.10.3 Recent developments
12.1.10.3.1 Other developments
12.2 OTHER PLAYERS
12.2.1 SOJKA AUTOMATION GMBH
12.2.2 MESSUNG INDUSTRIAL AUTOMATION
12.2.3 INOVATECH AUTOMATION, INC.
12.2.4 ORIENTAL MOTOR USA CORP
12.2.5 WARD AUTOMATION
12.2.6 DESIGNPRO AUTOMATION
12.2.7 ROCKWELL AUTOMATION
12.2.8 SARLA TECHNOLOGIES
12.2.9 MODULAR AUTOMATION GMBH
12.2.10 ACUBEZ MODULAR AUTOMATION LTD.
12.2.11 HONEYWELL INTERNATIONAL INC.
12.2.12 TEAL
12.2.13 MITSUBISHI ELECTRIC CORPORATION
12.2.14 EMERSON ELECTRIC CO
12.2.15 BECKHOFF AUTOMATION
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 RECESSION IMPACT ON MODULAR AUTOMATION MARKET
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 PRIMARY DATA
2.1.1.1 Key data from primary sources
2.1.1.2 List of key primary interview participants
2.1.1.3 Breakdown of primaries
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM–UP APPROACH
2.2.1.1 Approach to arrive at market size using bottom–up analysis
2.2.2 TOP–DOWN APPROACH
2.2.2.1 Approach to arrive at market size using top–down analysis
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ANALYSIS
2.6 RECESSION IMPACT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MODULAR AUTOMATION MARKET
4.2 MODULAR AUTOMATION MARKET IN NORTH AMERICA, BY COUNTRY AND APPLICATION
4.3 MODULAR AUTOMATION MARKET IN ASIA PACIFIC, BY APPLICATION
4.4 MODULAR AUTOMATION MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rising demand for flexibility in contemporary manufacturing
5.2.1.2 Increasing focus of businesses on cost savings through scalability and reusability
5.2.1.3 Ongoing innovations due to technological advancements
5.2.2 RESTRAINTS
5.2.2.1 Requirement for high initial investment, specialized training, and interdepartmental coordination
5.2.2.2 Compatibility issues
5.2.2.3 Cybersecurity concerns
5.2.3 OPPORTUNITIES
5.2.3.1 Rapid industrialization in developing nations
5.2.3.2 Growing demand for customized solutions
5.2.3.3 Integration of modular automation systems within Industry 4.0 frameworks
5.2.3.4 Constant demand for support and maintenance services by end users
5.2.4 CHALLENGES
5.2.4.1 Shortage of expertise in modular automation skills
5.2.4.2 Complexities associated with regulatory framework
5.2.4.3 Supply chain disruptions
5.2.4.4 Addressing sustainability concerns in product development
5.2.4.5 Resistance to change
5.3 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HARDWARE
5.6.2 AVERAGE SELLING PRICE TREND OF MODULAR AUTOMATION HARDWARE,
BY REGION
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Industrial Internet of Things (IIoT)
5.7.1.2 Robotic systems
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 5G connectivity
5.7.2.2 Edge computing
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Additive manufacturing
5.7.3.2 Augmented reality (AR) and virtual reality (VR)
5.8 PORTER'S FIVE FORCES ANALYSIS
5.8.1 INTENSITY OF COMPETITIVE RIVALRY
5.8.2 BARGAINING POWER OF SUPPLIERS
5.8.3 BARGAINING POWER OF BUYERS
5.8.4 THREAT OF SUBSTITUTES
5.8.5 THREAT OF NEW ENTRANTS
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.9.2 BUYING CRITERIA
5.10 CASE STUDY ANALYSIS
5.10.1 AUTOMATED SOLUTIONS FOR ADVANCING SMALL MODULAR REACTOR (SMR) TECHNOLOGY
5.10.2 RESHAPING CONSUMER GOODS MANUFACTURING WITH FLEXIBLE AUTOMATION
5.10.3 DRIVING INNOVATION AND AUTOMATION IN EV BATTERY MANUFACTURING
5.10.4 REVOLUTIONIZING MEDICAL DEVICE PRODUCTION AND ENHANCING OUTPUT WITH ADVANCED AUTOMATION TECHNOLOGY
5.11 INVESTMENT AND FUNDING SCENARIO
5.12 TRADE ANALYSIS
5.12.1 IMPORT DATA (HS CODE 847950)
5.12.2 EXPORT DATA (HS CODE 847950)
5.13 PATENT ANALYSIS
5.14 KEY CONFERENCES AND EVENTS, 2024–2025
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 STANDARDS AND REGULATIONS
5.15.2.1 Standards
5.15.2.2 Regulations
6 MODULAR AUTOMATION MARKET, BY MOBILITY
6.1 INTRODUCTION
6.2 SEMI–AUTOMATIC
6.2.1 COMBINATION OF HUMAN JUDGMENT, DEXTERITY, AND MACHINE PRECISION TO BOOST ADOPTION
6.3 FULLY AUTOMATIC
6.3.1 NEED FOR HIGH–SPEED PRODUCTION WITH CONSISTENT QUALITY TO DRIVE MARKET
7 MODULAR AUTOMATION MARKET, BY OFFERING
7.1 INTRODUCTION
7.2 HARDWARE
7.2.1 ROBOT CONTROLLERS
7.2.1.1 Growing trend of automating repetitive and labor–intensive tasks to drive adoption
7.2.2 INPUT/OUTPUT (I/O) MODULES
7.2.2.1 Increasing use to convert input signals from sensors and switches into data to support segmental growth
7.2.3 DRIVES AND MOTORS
7.2.3.1 Need to convert electrical signals into mechanical motion to boost demand
7.2.4 SENSORS AND ACTUATORS
7.2.4.1 Focus on precise and reliable operation in automation to foster segmental growth
7.2.5 SAFETY COMPONENTS
7.2.5.1 Stringent regulations to ensure workplace safety to elevate adoption
7.3 SOFTWARE
7.3.1 NEED FOR AUTOMATIC RECTIFICATION OF ISSUES TO DRIVE MARKET
8 MODULAR AUTOMATION MARKET, BY TYPE
8.1 INTRODUCTION
8.2 MODULAR TYPE PACKAGE
8.2.1 ESTABLISHMENT OF UNIFORM COMMUNICATION PROTOCOLS AND INTERFACES TO BOOST SEGMENTAL GROWTH
8.2.2 STANDARDIZED SOLUTIONS
8.2.3 APPLICATION–SPECIFIC SOLUTIONS
8.3 MODULAR DISTRIBUTED CONTROL SYSTEM
8.3.1 SIMPLIFIED MAINTENANCE AND UPGRADES TO SUPPORT SEGMENTAL GROWTH
9 MODULAR AUTOMATION MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 PHARMACEUTICAL
9.2.1 NEED FOR REAL–TIME MONITORING AND CONTROL OF DRUG PRODUCTION PROCESSES TO BOOST DEMAND
9.3 CHEMICAL
9.3.1 SIGNIFICANT FOCUS OF CHEMICAL MANUFACTURERS ON ACHIEVING GREATER OPERATIONAL AGILITY TO DRIVE MARKET
9.4 FOOD & BEVERAGE
9.4.1 GREATER FLEXIBILITY AND SCALABILITY AND STRINGENT HYGIENE STANDARDS TO FUEL MARKET GROWTH
9.5 LOGISTICS & WAREHOUSING
9.5.1 SURGING ADOPTION OF ASRS SOLUTIONS AND ROBOTS TO SUPPORT MARKET GROWTH
9.6 OTHERS
10 MODULAR AUTOMATION MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: RECESSION IMPACT
10.2.2 US
10.2.2.1 Rising demand for flexible and scalable automation systems
by manufacturing firms to drive market
10.2.3 CANADA
10.2.3.1 Strong focus on sustainable and smart manufacturing to fuel market growth
10.2.4 MEXICO
10.2.4.1 Adoption of Industry 4.0 to ensure improved productivity, quality, and operational efficiency to foster market growth
10.3 EUROPE
10.3.1 EUROPE: RECESSION IMPACT
10.3.2 GERMANY
10.3.2.1 Pharmaceuticals and food & beverages industries to contribute to market growth
10.3.3 UK
10.3.3.1 Escalating need for effective and adaptable manufacturing processes to drive market
10.3.4 FRANCE
10.3.4.1 Increasing investments in R&D to innovate and improve automation equipment to drive market
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: RECESSION IMPACT
10.4.2 CHINA
10.4.2.1 Increasing adoption of smart manufacturing practices to drive market
10.4.3 JAPAN
10.4.3.1 Integration of cutting–edge technologies in industrial sector to accelerate market growth
10.4.4 SOUTH KOREA
10.4.4.1 Government support encouraging smart manufacturing to boost demand
10.4.5 REST OF ASIA PACIFIC
10.5 ROW
10.5.1 ROW: RECESSION IMPACT
10.5.2 MIDDLE EAST
10.5.2.1 Increasing investments in infrastructure and industrial development projects to create opportunities
10.5.3 SOUTH AMERICA
10.5.3.1 Growing adoption of digital technologies to support market growth
10.5.4 AFRICA
10.5.4.1 Focus on sustainable and efficient manufacturing to generate lucrative opportunities
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
11.3 REVENUE ANALYSIS, 2019–2023
11.4 MARKET SHARE ANALYSIS, 2023
11.5 COMPANY VALUATION AND FINANCIAL METRICS
11.6 BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.7.5.1 Company footprint
11.7.5.2 Region footprint
11.7.5.3 Type footprint
11.7.5.4 Mobility footprint
11.7.5.5 Offering footprint
11.7.5.6 Application footprint
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
11.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
11.8.5.1 Detailed list of startups/SMEs
11.8.5.2 Competitive benchmarking of key startups/SMEs
11.9 COMPETITIVE SCENARIO AND TRENDS
11.9.1 PRODUCT LAUNCHES
11.9.2 DEALS
11.9.3 OTHER DEVELOPMENTS
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 ABB
12.1.1.1 Business overview
12.1.1.2 Products/Solutions/Services offered
12.1.1.3 Recent developments
12.1.1.3.1 Product launches
12.1.1.3.2 Deals
12.1.1.4 MnM view
12.1.1.4.1 Key strengths
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses and competitive threats
12.1.2 FESTO
12.1.2.1 Business overview
12.1.2.2 Products/Solutions/Services offered
12.1.2.3 Recent developments
12.1.2.3.1 Product launches
12.1.2.4 MnM view
12.1.2.4.1 Key strengths
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses and competitive threats
12.1.3 YOKOGAWA ELECTRIC CORPORATION
12.1.3.1 Business overview
12.1.3.2 Products/Solutions/Services offered
12.1.3.3 Recent developments
12.1.3.3.1 Products launches
12.1.3.4 MnM view
12.1.3.4.1 Key strengths
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses and competitive threats
12.1.4 SIEMENS
12.1.4.1 Business overview
12.1.4.2 Products/Solutions/Services offered
12.1.4.3 Recent developments
12.1.4.3.1 Product launches
12.1.4.3.2 Deals
12.1.4.4 MnM view
12.1.4.4.1 Key strengths
12.1.4.4.2 Strategic choices
12.1.4.4.3 Weaknesses and competitive threats
12.1.5 HIMA
12.1.5.1 Business overview
12.1.5.2 Products/Solutions/Services offered
12.1.5.3 Recent developments
12.1.5.3.1 Product launches
12.1.5.3.2 Deals
12.1.5.4 MnM view
12.1.5.4.1 Key strengths
12.1.5.4.2 Strategic choices
12.1.5.4.3 Weaknesses and competitive threats
12.1.6 BOSCH REXROTH AG
12.1.6.1 Business overview
12.1.6.2 Products/Solutions/Services offered
12.1.6.3 Recent developments
12.1.6.3.1 Product launches
12.1.6.3.2 Deals
12.1.7 MODULAR AUTOMATION
12.1.7.1 Business overview
12.1.7.2 Products/Solutions/Services offered
12.1.7.3 Recent developments
12.1.7.3.1 Deals
12.1.8 ASCENTIAL TECHNOLOGIES
12.1.8.1 Business overview
12.1.8.2 Products/Solutions/Services offered
12.1.8.3 Recent developments
12.1.8.3.1 Deals
12.1.9 GINOLIS OY
12.1.9.1 Business overview
12.1.9.2 Products/Solutions/Services offered
12.1.9.3 Recent developments
12.1.9.3.1 Product launches
12.1.9.3.2 Deals
12.1.10 INNITI
12.1.10.1 Business overview
12.1.10.2 Products/Solutions/Services offered
12.1.10.3 Recent developments
12.1.10.3.1 Other developments
12.2 OTHER PLAYERS
12.2.1 SOJKA AUTOMATION GMBH
12.2.2 MESSUNG INDUSTRIAL AUTOMATION
12.2.3 INOVATECH AUTOMATION, INC.
12.2.4 ORIENTAL MOTOR USA CORP
12.2.5 WARD AUTOMATION
12.2.6 DESIGNPRO AUTOMATION
12.2.7 ROCKWELL AUTOMATION
12.2.8 SARLA TECHNOLOGIES
12.2.9 MODULAR AUTOMATION GMBH
12.2.10 ACUBEZ MODULAR AUTOMATION LTD.
12.2.11 HONEYWELL INTERNATIONAL INC.
12.2.12 TEAL
12.2.13 MITSUBISHI ELECTRIC CORPORATION
12.2.14 EMERSON ELECTRIC CO
12.2.15 BECKHOFF AUTOMATION
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
