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Industrial Automation Market to Grow by USD 107.1 Billion (2024-2028) as AI Drives Market Transformation – Technavio Report

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NEW YORK, Sept. 5, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global industrial automation market  size is estimated to grow by USD 107.1 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 9.45%  during the forecast period. Changing market dynamics is driving market growth, with a trend towards increasing need for open platform architecture for automation software. However, technical challenges  poses a challenge. Key market players include ABB Ltd., Azbil Corp., Danfoss AS, Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, FANUC Corp., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., KROHNE Messtechnik GmbH, OmniVision Technologies Inc., OMRON Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, WIKA Alexander Wiegand SE and Co. KG, and Yokogawa Electric Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (SCDA, PLC, DCS, Drives, and Sensors), End-user (Process industry and Discrete industry), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

ABB Ltd., Azbil Corp., Danfoss AS, Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, FANUC Corp., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., KROHNE Messtechnik GmbH, OmniVision Technologies Inc., OMRON Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, WIKA Alexander Wiegand SE and Co. KG, and Yokogawa Electric Corp.

Key Market Trends Fueling Growth

Industrial automation solutions play a crucial role in managing manufacturing plant functions. Open-platform automation software enables users to customize and modify its functionality, benefiting Original Equipment Manufacturers (OEMs) by enhancing product operational capabilities and connectivity options. This architecture offers flexibility through the use of various runtime platforms and third-party tools, ensuring interoperability and reducing project costs. Open-source SCADA systems, such as WinCC Open Architecture by Siemens and Open Enterprise V3 by Emerson Electric, are examples of this technology, providing operational efficiency and cost savings. 

The industrial sector is embracing automation and technology to boost productivity and reduce labor costs. Automation processes in manufacturing are trending with the integration of robotics, artificial intelligence, and machine learning. Material handling is being transformed through the use of sensors like temperature, humidity, and torque sensors. Networking architectures, analytics, cloud, mobility, and IoT technology are revolutionizing industrial automation. Strategic partnerships and the adoption of 5G wireless technology and IIoT are driving growth in sectors like healthcare, transportation, mining and metal, aerospace and defense. Automation technologies like AC motors, labeling equipment, Human Machine Interface, Programmable Logic Controllers, and Input/Output Sensors are essential components. Technological advancements in AI, machine learning, and automation processes are enhancing safety compliance and real-time data analysis. Augmented reality (AR) and Virtual reality (VR) are also gaining traction in the industry. Computer software solutions for quality control and automation technologies are essential for businesses to stay competitive. Efficiency and productivity are the key benefits of these technological advancements. 

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Market Challenges

In the realm of industrial controls and factory automation, the integration of the Industrial Internet of Things (IIoT) or Industry 4.0 brings about numerous advantages, such as real-time communication and heightened reliability. However, these benefits come with intricate design challenges, particularly at the control level. The control level, consisting of Programmable Logic Controllers (PLCs), Supervisory Control and Data Acquisition (SCADA) systems, motor drives, controllers, and Distributed Control Systems (DCS), faces complexities due to the need for real-time data communication and an escalating number of nodes. Moreover, continuous product development and advanced machinery adoption in Industry 4.0 further complicate industrial automation design, specifically in factory automation and smart factories. Despite vendors’ efforts to create flexible machine designs by collaborating with OEMs, manufacturers, and system integrators, the dynamic nature of the automation solutions industry influences the investment landscape and raises Capital Expenditures (CAPEX) for industrial operators. These factors may hinder the market growth in the forecast period.The Industrial Controls and Factory Automation market is experiencing significant growth due to the increasing adoption of digital technologies. Key challenges include integrating AI and machine learning for predictive maintenance, ensuring temperature, humidity, torque sensors’ accuracy in healthcare, transportation, mining and metal, aerospace and defense sectors. AC motors and labeling equipment require advanced automation technologies for efficiency and productivity. Human Machine Interface, Programmable Logic Controllers, and Input/Output Sensors need real-time data and safety compliance. Robotics, Computer Software, and Quality Control benefit from technological advancements, strategic partnerships, and digital technologies like 5G wireless, IoT, AR, and VR. AI and machine learning training programs are crucial for workforce development. DC motors also require automation for optimal performance. Overall, the market focuses on improving efficiency, productivity, and ensuring technological compliance. 

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Segment Overview 

This industrial automation market report extensively covers market segmentation by

Product 1.1 SCDA1.2 PLC1.3 DCS1.4 Drives1.5 SensorsEnd-user 2.1 Process industry2.2 Discrete industryGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 SCDA-  SCADA (Supervisory Control and Data Acquisition) systems play a crucial role in monitoring and optimizing industrial processes in various sectors. The primary functions of SCADA include real-time data acquisition, device interaction, and event logging. In manufacturing, diverse field instruments such as valves, drives, relays, switches, and sensors are used across different locations. Real-time analysis of data from these devices is essential for data-driven decision-making, enhancing operational efficiency and cost optimization. Cloud computing and cloud-based Software-as-a-Service (SaaS) have revolutionized SCADA systems, offering benefits such as scalable server space, off-site IT support, low cost, and easy accessibility from remote locations. Cloud-based SCADA systems store and maintain software and data in the cloud, providing users with benefits like flexibility and ease of upgrading applications. However, storing mission and process safety-related data on a cloud-platform comes with risks, such as dependency on communication network reliability and potential productivity losses. Despite these risks, the benefits of cloud-based SCADA systems outweigh the challenges, making them an attractive option for manufacturers. This trend is expected to drive growth in the SCADA market, particularly in end-user industries, providing opportunities for vendors.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Industrial Controls and Factory Automation market is experiencing significant growth due to the increasing demand for automation in various industries, including manufacturing and healthcare. Robotics and artificial intelligence are key technologies driving automation processes, enabling increased productivity and efficiency while reducing labor costs. Networking architectures, analytics, cloud, mobility, and the Internet of Things (IIoT) are also playing crucial roles in enhancing industrial automation. Sensors, such as temperature, humidity, torque, and others, are essential components of industrial automation systems, providing real-time data for monitoring and control. The market spans various sectors, including transportation, mining and metal, aerospace and defense, and healthcare, with 5G wireless technology set to revolutionize communication and data transfer in industrial automation applications. Automation in manufacturing is a major focus, with AI and machine learning enabling predictive maintenance and optimizing production lines. The integration of IIoT and cloud technologies is enabling remote monitoring and control, providing real-time insights and reducing downtime. The future of industrial automation is bright, with continued innovation and advancements expected to drive growth and efficiency in various industries.

Market Research Overview

The Industrial Controls and Factory Automation market is witnessing significant growth due to the increasing demand for automation in various industries, including manufacturing, healthcare, transportation, mining and metal, aerospace and defense, and more. Robotics, artificial intelligence (AI), and machine learning are key technologies driving automation processes in this sector. Productivity enhancement, labor cost reduction, and safety compliance are primary factors fueling the market’s growth. Networking architectures, IoT technology, 5G wireless technology, and digital technologies are essential components of modern industrial automation systems. Advanced sensors, such as temperature sensors, humidity sensors, torque sensors, and others, play a crucial role in real-time data collection and analysis. Automation technologies, including computer software, human-machine interface, programmable logic controllers, input/output sensors, and robotics, are essential for optimizing manufacturing processes and improving efficiency. Quality control and safety compliance are also critical aspects of industrial automation, ensuring the production of high-quality goods and adherence to regulatory standards. Strategic partnerships, technological advancement, and training programs are essential for companies to stay competitive in this rapidly evolving market. The use of AI, machine learning, and other digital technologies is transforming the way industries operate, from predictive maintenance to remote monitoring and control. Labeling equipment, AC and DC motors, and various automation components are essential parts of the industrial automation ecosystem. The integration of augmented reality (AR) and virtual reality (VR) technologies is also gaining popularity, offering new possibilities for remote training and maintenance. In conclusion, the Industrial Controls and Factory Automation market is a dynamic and innovative sector, driven by the need for productivity, efficiency, and safety in various industries. The integration of advanced technologies, such as AI, machine learning, IoT, and digital technologies, is transforming the way industries operate and compete in today’s global economy.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductSCDAPLCDCSDrivesSensorsEnd-userProcess IndustryDiscrete IndustryGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Visier Debuts Talent Agents, Closing the Gap Between HR Programs and Business Impact

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New AI agents turn Visier insights and plans into guided action for every manager, fixing the #1 reason HR programs fail: manager follow-through

VANCOUVER, BC, Oct. 21, 2026 /PRNewswire/ — Visier today announced Talent Agents at HR Tech 2026. Built on the Visier Workforce Intelligence Platform, these new AI agents guides every manager to the next right action in their organization’s HR programs in real time, and give talent leaders evidence of what each program actually changed for the business.

Talent management devotes a great deal of money and effort into HR programs every year, and many still can’t show the ROI or outcomes. New Visier research* found:

62% of HR leaders name manager follow-through as the single biggest reason programs fail77% of enterprises run HR programs on spreadsheets or a patchwork of tools, and are three times less likely to measure results while a program is underway.

Visier Talent Agents are built to close these gaps, helping talent management tackle its most critical challenges as organizations plan, grow and retain their talent. They leverage the latest in AI developments to pair best-in-class program frameworks with personalized, in-workflow guidance delivered to whoever needs to act next, and a closed-loop system for continuous learning and improvement based on every program’s goals.

“Good program design has never been enough. What HR has lacked is a GPS for every manager, so the moment someone drifts off track, they’re guided back before the program goes sideways,” said Dave Weisbeck, Chief Strategy Officer at Visier. “That’s what Talent Agents deliver, along with proof of what the program actually changed for the business.” 

“The space between HR program design and the actual business result is exactly where most HR investment gets lost,” said Madeline Laurano, founder of Aptitude Research. “Guidance that activates the manager at the moment they need to act, with proof of what changed afterward, is the piece of talent management that’s been missing and what Visier is solving for.”

Unlike HCM suites that teams would spend a year customizing, or point solutions that only see one piece of the picture, or even an internal-built tool that puts employee data at risk, Visier’s Talent Agents are built to run programs end-to-end and prove impact, not just track activity.

The agents reach every stakeholder in a program at the moment they need to act, not just when someone remembers to ask. They’re built to match how an organization actually operates, and the outcome of every action it recommends feeds back into the AI learning engine, so guidance gets sharper with each cycle. Because guidance runs on Visier’s proprietary Workforce AI rather than routing every follow-up through a person, organizations can scale their programs without being constrained by HRBP headcount.

The agents are built on Visier’s Workforce Intelligence Platform, so every program comes with the context, governance, and security an enterprise expects, backed by over 16 years of experience solving HR’s toughest problems.

Talent Agents are Visier’s answer to what the company calls the “activate” layer of Workforce AI, building on the platform’s existing strength in helping organizations understand their workforce data and plan around it. The offering pairs Visier’s technology with a dedicated implementation team that customizes each program to a customer’s specific processes and goals.

Attending HRTech 2026 in Las Vegas this week? Head over to Visier Booth #5209 to explore Talent Agents, or visit visier.com to learn more. The Visier team will also be at UNLEASH World in Paris (booth #106) and Total Talent Asia (booth #3).

About Visier
Visier Workforce AI is the context foundation for talent management. The Visier Workforce Intelligence Platform turns scattered, sensitive people data into one governed understanding of the entire workforce, so organizations can understand, plan, and activate all of their talent priorities in one place. More than 85,000 of the world’s most complex organizations, including Ford Motor Company, eBay, Experian, and Domino’s Pizza, rely on Visier’s over 16 years of workforce domain expertise, ranked #1 in vendor satisfaction and user experience for three consecutive years by the Sapient Insights HR Systems Survey. Learn more at Visier.com.

*Research from fall 2026, conducted by the Visier, Inc. Research Team surveyed verified senior HR and Talent leaders from 80 organizations with more than 10,000 employees across North America.  

visierpr@walkersands.com

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SOURCE Visier

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HSG Laser Unveils New Flagship Machine at EuroBLECH 2026, Powering Productivity for European Manufacturers

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HANNOVER, Germany, Oct. 21, 2026 /PRNewswire/ — HSG Laser is showcasing its latest laser cutting and intelligent manufacturing solutions at EuroBLECH 2026, held from October 20–23 at the Hannover Exhibition Centre. Under the theme “Powering Productivity with HSG,” HSG is presenting its latest innovations at Booth 15-F42, including the European debut of its new flagship GV, alongside the launch of GFA PRO and AI CutPilot, as well as the European debut of its high-speed laser solutions G3015T and R2 PRO.

Expanding High-Performance Laser Solutions

The new GFA PRO is engineered for large-format metal processing, addressing challenges such as large footprints, low speed, unstable thick-plate performance, and high operating costs. Making their European debut, the G3015T and R2 PRO expand HSG’s high-speed laser lineup for sheet and tube processing, helping manufacturers improve throughput, flexibility, and production efficiency.

“HSG Laser’s European footprint has grown steadily, with more than 2,000 units delivered and a new showroom opening soon this year,” said Shawn Wang, Vice President of HSG Laser. “Our latest launches at EuroBLECH mark another step forward, combining high-performance equipment with intelligent technologies and localized support to deliver greater productivity for European customers.”

Recognized by MM MaschinenMarkt Germany

Built for the European market, HSG Laser earned the “International Spotlight” award from MM MaschinenMarkt Germany’s Chief Editor for its GV and AI CutPilot. The GV combines cutting, beveling, countersinking, and chamfering in one machine to streamline pre-welding workflows and boost efficiency. AI CutPilot is HSG’s industry-first, self-developed AI system that turns laser-cutting expertise into a reusable, scalable machine capability, helping reduce trial work and improve first-pass yield. The award further highlights HSG Laser’s technological strength and growing presence in the European market.

Strengthening Local Operations in Europe

As part of its continued commitment to supporting manufacturers worldwide, HSG Laser is further strengthening its localized operations in Europe. On 10th November, HSG will open its new showroom in Düsseldorf, Germany under the theme “Go Global, Link Local.” The new showroom will bring HSG’s latest machines, technologies, and expertise closer to European customers, creating more opportunities for direct engagement and local support. This expansion further strengthens HSG’s presence in Europe and its ability to provide responsive, customer-focused solutions tailored to local manufacturing needs.

About HSG Laser

Founded in 2006, HSG Laser is a leading global manufacturer of intelligent metal processing equipment, specializing in laser cutting, tube processing, bending, and welding automation systems. With a presence in over 100 countries and regional centers across Europe, North America, Japan, India, and Asia-Pacific, HSG Laser is committed to driving the transformation of manufacturing through innovation, reliability, and artificial intelligence.

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Mérieux NutriSciences Completes Acquisition of Certified Group, Becoming North America’s Leading Food Testing Provider

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CHICAGO, Oct. 21, 2026 /PRNewswire/ — Mérieux NutriSciences, a global leader in food safety, quality, and sustainability, today announced the successful completion of its acquisition of Certified Group.

First announced in August 2026, this strategic transaction unites two complementary leaders in the Testing, Inspection, and Certification (TIC) sector. With approximately $300 million in revenue, Certified Group brings 31 laboratories and over 1,600 talented employees into Mérieux NutriSciences’ global network. The integration also adds a robust roster of more than 170 independent regulatory consultants across the United States and Canada.

With this expanded coast-to-coast footprint, Mérieux NutriSciences is positioned to provide customers with broader service offerings and enhanced regulatory support. The integration deepens the company’s capabilities in key Food & Beverage segments, most notably in animal protein through its Food Safety Net Services (FSNS) network, where Certified Group has built a strong reputation as a bellwether for safety and quality, alongside leading positions in dairy, packaged foods, nuts, and spices.

Customers will also benefit from high-value expertise in cosmetics, OTC products, and dietary supplements through the Certified Laboratories vertical, and reduced-harm nicotine product testing via Labstat International. These core verticals are further bolstered by specialized expert services, including contract research (Lab Plus), regulatory consulting (EAS Consulting Group), and comprehensive certification and audit programs (FSNS Certification and Audit).

“We are thrilled to officially welcome the talented teams from Certified Group to the Mérieux NutriSciences global network,” said Nicolas Cartier, CEO of Mérieux NutriSciences. “By combining our respective strengths, we are vastly expanding the depth and breadth of our capabilities. This milestone allows us to be closer to our customers, meeting their localized, time-sensitive needs with unmatched speed and reliability, while furthering our shared purpose: Better Food. Better Health. Better World.”

“Our priority is to ensure a seamless transition for all customers while delivering immediate, enhanced value,” added Sébastien Moulard, President North America at Mérieux NutriSciences. “Through this nationwide analytical network, customers now have access to a truly comprehensive portfolio of routine testing, specialized analysis, expert regulatory support, and more. We are excited to leverage the best of both worlds to drive innovation and provide practical solutions right where production happens.”

“Certified Group has built a differentiated platform with a strong reputation for quality, scientific excellence and exceptional customer service,” said Deborah Kerr, Managing Director, Warburg Pincus & Executive Chair, Certified Group. “We are proud to have supported Certified Group’s evolution and look forward to seeing the company continue to thrive as part of Mérieux NutriSciences.”

The financing of the acquisition brings new minority shareholders Peugeot Invest and Continental Grain Company (Conti) alongside Mérieux NutriSciences’ long standing shareholders: Institut Mérieux, Sofina, and Dassault Group. This collective support underscores strong market confidence in the company’s strategic vision. Ultimately, the successful integration of Certified Group solidifies Mérieux NutriSciences as the leading provider in North America and a top player in the global food TIC market, further cementing its role as the trusted partner for customers navigating a rapidly evolving landscape.

About Mérieux NutriSciences:

At Mérieux NutriSciences, we leverage 60 years of scientific and entrepreneurial expertise to answer food industry needs. Today’s global challenges transform the way food is produced, marketed and consumed, which is why we know our clients need more than reliable analytical results; they need practical and innovative solutions that will contribute to make food systems safer, healthier and more sustainable. Present worldwide, we are more than 160 accredited laboratories and a team of over 11,600 committed employees. We strongly believe that together, we can create solutions to offer our planet: BETTER FOOD. BETTER HEALTH. BETTER WORLD. na.mxns.com

MERIEUX NUTRISCIENCES
Stephen Nichols (North America)
stephen.nichols@mxns.com 

Marion Bertrand (Global)
media@mxns.com 

Ashton van den Bergh (Global)
media@mxns.com

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