Global Industrial Automation Runtime Software Market Size, Share, Analysis Report - Forecast 2032

Market Research Store has published a report on the global industrial automation runtime software market, estimating its value at USD 42.81 Billion in 2023, with projections indicating it will reach USD 90.11 Billion by the end of 2032. The market is expected to expand at a compound annual growth rate (CAGR) of around 7.9% over the forecast period. The report examines the factors driving market growth, the obstacles that could hinder this expansion, and the opportunities that may emerge in the industrial automation runtime software industry. Additionally, it offers a detailed analysis of how these elements will affect demand dynamics and market performance throughout the forecast period.

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Industrial Automation Runtime Software Market: Overview

The growth of the industrial automation runtime software market is fueled by rising global demand across various industries and applications. The report highlights lucrative opportunities, analyzing cost structures, key segments, emerging trends, regional dynamics, and advancements by leading players to provide comprehensive market insights. The industrial automation runtime software market report offers a detailed industry analysis from 2024 to 2032, combining quantitative and qualitative insights. It examines key factors such as pricing, market penetration, GDP impact, industry dynamics, major players, consumer behavior, and socio-economic conditions. Structured into multiple sections, the report provides a comprehensive perspective on the market from all angles.

Key sections of the industrial automation runtime software market report include market segments, outlook, competitive landscape, and company profiles. Market Segments offer in-depth details based on Component, Deployment Mode, End-User Industry, Enterprise Size, and other relevant classifications to support strategic marketing initiatives. Market Outlook thoroughly analyzes market trends, growth drivers, restraints, opportunities, challenges, Porter’s Five Forces framework, macroeconomic factors, value chain analysis, and pricing trends shaping the market now and in the future. The Competitive Landscape and Company Profiles section highlights major players, their strategies, and market positioning to guide investment and business decisions. The report also identifies innovation trends, new business opportunities, and investment prospects for the forecast period.

Key Highlights:

• As per the analysis shared by our research analyst, the global industrial automation runtime software market is estimated to grow annually at a CAGR of around 7.9% over the forecast period (2024-2032).
• In terms of revenue, the global industrial automation runtime software market size was valued at around USD 42.81 Billion in 2023 and is projected to reach USD 90.11 Billion by 2032.
• The market is projected to grow at a significant rate due to rising Industry 40 adoption, demand for real-time process optimization, increasing IoT integration, and the need for scalable, efficient manufacturing solutions.
• Based on the Component, the Software segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• On the basis of Deployment Mode, the On-Premises segment is anticipated to command the largest market share.
• In terms of End-User Industry, the Automotive segment is projected to lead the global market.
• By Enterprise Size, the Small and Medium Enterprises segment is predicted to dominate the global market.
• Based on region, North America is projected to dominate the global market during the forecast period.

Industrial Automation Runtime Software Market: Report Scope

This report thoroughly analyzes the industrial automation runtime software market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.

Industrial Automation Runtime Software Market: Dynamics

Key Growth Drivers

The Industrial Automation Runtime Software market is experiencing significant growth, primarily propelled by the widespread adoption of Industry 4.0 initiatives and smart manufacturing concepts across various sectors globally. The relentless pursuit of operational efficiency, cost reduction, and enhanced productivity in manufacturing processes is driving companies to invest heavily in automation solutions, with runtime software forming the core of these systems. The increasing complexity of industrial operations and the need for real-time monitoring and control of machinery and production lines further necessitate advanced software. Moreover, the growing emphasis on regulatory compliance, quality control, and the ability to achieve mass production with reduced human intervention are critical factors accelerating the demand for robust and reliable industrial automation runtime software.

Restraints

Despite the strong growth drivers, the Industrial Automation Runtime Software market faces several notable restraints. The high initial investment required for the procurement, deployment, and customization of sophisticated industrial automation runtime software solutions can be a significant financial barrier for small and medium-sized enterprises (SMEs) with limited capital. The complexity of integrating new runtime software with existing legacy industrial control systems (such as older PLCs, SCADA, or DCS systems) and diverse hardware from various vendors poses a substantial technical challenge, often leading to prolonged implementation times and increased integration costs. Furthermore, a persistent shortage of skilled personnel, including automation engineers, programmers, and maintenance technicians capable of effectively utilizing and troubleshooting these complex software systems, can hinder wider adoption and efficient operation.

Opportunities

The Industrial Automation Runtime Software market presents numerous opportunities for innovation and expansion. The increasing convergence of Information Technology (IT) and Operational Technology (OT) creates a significant avenue for developing integrated runtime software solutions that bridge the gap between enterprise-level systems and shop-floor operations, enabling seamless data flow and holistic control. Opportunities exist in leveraging advancements in Artificial Intelligence (AI) and Machine Learning (ML) to enhance runtime software capabilities, allowing for predictive maintenance, process optimization, self-learning systems, and improved decision-making based on real-time data analysis. The growing adoption of cloud computing and edge processing solutions for industrial applications offers flexible, scalable, and cost-effective deployment models for runtime software. Additionally, the development of hardware-independent and open-source runtime platforms can foster greater flexibility and reduce vendor lock-in, attracting a wider user base.

Challenges

The Industrial Automation Runtime Software market faces several critical challenges that demand continuous research and development and strategic adaptation. Ensuring robust cybersecurity for interconnected industrial control systems and protecting against sophisticated cyber threats, such as ransomware and industrial espionage, is a paramount and ongoing concern for both vendors and end-users. The industry must navigate the challenge of achieving interoperability and standardization across diverse industrial protocols, hardware platforms, and software architectures to facilitate seamless communication and integration in complex manufacturing environments. Addressing the issue of high energy consumption by automated systems and striving for energy-efficient software designs is crucial for meeting sustainability goals and reducing operational costs. Moreover, the rapid pace of technological change necessitates continuous updates and upgrades for runtime software, posing challenges for long-term support and compatibility with evolving hardware.

Industrial Automation Runtime Software Market: Segmentation Insights

The global industrial automation runtime software market is segmented based on Component, Deployment Mode, End-User Industry, Enterprise Size, and Region. All the segments of the industrial automation runtime software market have been analyzed based on present & future trends and the market is estimated from 2024 to 2032.

Based on Component, the global industrial automation runtime software market is divided into Software, Services.

On the basis of Deployment Mode, the global industrial automation runtime software market is bifurcated into On-Premises, Cloud.

In terms of End-User Industry, the global industrial automation runtime software market is categorized into Automotive, Manufacturing, Energy & Utilities, Pharmaceuticals, Food & Beverages, Others.

Based on Enterprise Size, the global industrial automation runtime software market is split into Small and Medium Enterprises, Large Enterprises.

Industrial Automation Runtime Software Market: Regional Insights

The Industrial Automation Runtime Software Market is currently dominated by Europe, which holds the largest market share (over 38%), driven by advanced manufacturing sectors, strong Industry 4.0 adoption, and stringent operational efficiency standards in Germany, France, and Italy. The region benefits from leadership in industrial IoT (IIoT) and robotics integration, with key players like Siemens (SIMATIC) and ABB. North America follows closely, with high demand in the U.S. and Canada for smart factory solutions, supported by investments in AI-driven predictive maintenance and digital twins. The Asia-Pacific (APAC) region is the fastest-growing market, fueled by rapid industrialization, government initiatives like Made in China 2025, and expanding automotive/electronics sectors in China, Japan, and South Korea. Latin America and the Middle East & Africa show niche growth in mining and oil & gas automation. Europe’s dominance is reinforced by EU-funded smart manufacturing projects and a robust ecosystem of SMEs and OEMs.

Industrial Automation Runtime Software Market: Competitive Landscape

The industrial automation runtime software market report offers a thorough analysis of both established and emerging players within the market. It includes a detailed list of key companies, categorized based on the types of products they offer and other relevant factors. The report also highlights the market entry year for each player, providing further context for the research analysis.

The "Global Industrial Automation Runtime Software Market" study offers valuable insights, focusing on the global market landscape, with an emphasis on major industry players such as;

• Siemens AG
• Rockwell Automation
• ABB Ltd.
• Schneider Electric
• Mitsubishi Electric Corporation
• Honeywell International Inc.
• Emerson Electric Co.
• Yokogawa Electric Corporation
• General Electric Company
• Omron Corporation
• Fanuc Corporation
• Bosch Rexroth AG
• KUKA AG
• Delta Electronics Inc.
• Hitachi Ltd.
• Toshiba Corporation
• Advantech Co. Ltd.
• Beckhoff Automation GmbH & Co. KG
• B&R Industrial Automation GmbH
• Phoenix Contact GmbH & Co. KG

The Global Industrial Automation Runtime Software Market is Segmented as Follows:

By Component

• Software
• Services

By Deployment Mode

• On-Premises
• Cloud

By End-User Industry

• Automotive
• Manufacturing
• Energy & Utilities
• Pharmaceuticals
• Food & Beverages
• Others

By Enterprise Size

• Small and Medium Enterprises
• Large Enterprises

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Market Evolution

This section evaluates the market position of the product or service by examining its development pathway and competitive dynamics. It provides a detailed overview of the product's growth stages, including the early (historical) phase, the mid-stage, and anticipated future advancements influenced by innovation and emerging technologies.

Porter’s Analysis

Porter’s Five Forces framework offers a strategic lens for assessing competitor behavior and the positioning of key players in the industrial automation runtime software industry. This section explores the external factors shaping competitive dynamics and influencing market strategies in the years ahead. The analysis focuses on five critical forces:

• Competitive Rivalry
• Threat of New Entrants
• Threat of Substitutes
• Supplier Bargaining Power
• Buyer Bargaining Power

Value Chain & Market Attractiveness Analysis

The value chain analysis helps businesses optimize operations by mapping the product flow from suppliers to end consumers, identifying opportunities to streamline processes and gain a competitive edge. Segment-wise market attractiveness analysis evaluates key dimensions like product categories, demographics, and regions, assessing growth potential, market size, and profitability. This enables businesses to focus resources on high-potential segments for better ROI and long-term value.

PESTEL Analysis

PESTEL analysis is a powerful tool in market research reports that enhances market understanding by systematically examining the external macro-environmental factors influencing a business or industry. The acronym stands for Political, Economic, Social, Technological, Environmental, and Legal factors. By evaluating these dimensions, PESTEL analysis provides a comprehensive overview of the broader context within which a market operates, helping businesses identify potential opportunities and threats.

• Political factors assess government policies, stability, trade regulations, and political risks that could impact market operations.
• Economic factors examine variables like inflation, exchange rates, economic growth, and consumer spending power to determine market viability.
• Social factors explore cultural trends, demographics, and lifestyle changes that shape consumer behavior and preferences.
• Technological factors evaluate innovation, R&D, and technological advancements affecting product development and operational efficiencies.
• Environmental factors focus on sustainability, climate change impacts, and eco-friendly practices shaping market trends.
• Legal factors address compliance requirements, industry regulations, and intellectual property laws impacting market entry and operations.

Import-Export Analysis & Pricing Analysis

An import-export analysis is vital for market research, revealing global trade dynamics, trends, and opportunities. It examines trade volumes, product categories, and regional competitiveness, offering insights into supply chains and market demand. This section also analyzes past and future pricing trends, helping businesses optimize strategies and enabling consumers to assess product value effectively.

Industrial Automation Runtime Software Market: Company Profiles

The report identifies key players in the industrial automation runtime software market through a competitive landscape and company profiles, evaluating their offerings, financial performance, strategies, and market positioning. It includes a SWOT analysis of the top 3-5 companies, assessing strengths, weaknesses, opportunities, and threats. The competitive landscape highlights rankings, recent activities (mergers, acquisitions, partnerships, product launches), and regional footprints using the Ace matrix. Customization is available to meet client-specific needs.

Regional & Industry Footprint

This section details the geographic reach, sales networks, and market penetration of companies profiled in the industrial automation runtime software report, showcasing their operations and distribution across regions. It analyzes the alignment of companies with specific industry verticals, highlighting the industries they serve and the scope of their products and services within those sectors.

Ace Matrix

This section categorizes companies into four distinct groups—Active, Cutting Edge, Innovator, and Emerging—based on their product and business strategies. The evaluation of product strategy focuses on aspects such as the range and depth of offerings, commitment to innovation, product functionalities, and scalability. Key elements like global reach, sector coverage, strategic acquisitions, and long-term growth plans are considered for business strategy. This analysis provides a detailed view of companies' position within the market and highlights their potential for future growth and development.

Research Methodology

The qualitative and quantitative insights for the industrial automation runtime software market are derived through a multi-faceted research approach, combining input from subject matter experts, primary research, and secondary data sources. Primary research includes gathering critical information via face-to-face or telephonic interviews, surveys, questionnaires, and feedback from industry professionals, key opinion leaders (KOLs), and customers. Regular interviews with industry experts are conducted to deepen the analysis and reinforce the existing data, ensuring a robust and well-rounded market understanding.

Secondary research for this report was carried out by the Market Research Store team, drawing on a variety of authoritative sources, such as:

• Official company websites, annual reports, financial statements, investor presentations, and SEC filings
• Internal and external proprietary databases, as well as relevant patent and regulatory databases
• Government publications, national statistical databases, and industry-specific market reports
• Media coverage, including news articles, press releases, and webcasts about market participants
• Paid industry databases for detailed market insights

Market Research Store conducted in-depth consultations with various key opinion leaders in the industry, including senior executives from top companies and regional leaders from end-user organizations. This effort aimed to gather critical insights on factors such as the market share of dominant brands in specific countries and regions, along with pricing strategies for products and services.

To determine total sales data, the research team conducted primary interviews across multiple countries with influential stakeholders, including:

• Distributors
• Marketing, Brand, and Product Managers
• Procurement and Production Managers
• Sales and Regional Sales Managers, Country Managers
• Technical Specialists
• C-Level Executives

These subject matter experts, with their extensive industry experience, helped validate and refine the findings. For secondary research, data were sourced from a wide range of materials, including online resources, company annual reports, industry publications, research papers, association reports, and government websites. These various sources provide a comprehensive and well-rounded perspective on the market.

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