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The Taiwan industrial automation and control market is expected to reach a CAGR of 2.36% from 2023 to 2030, driven by factors such as government initiatives, increasing demand for automation, and technological advancements. The market is dominated by a few large players, such as Delta Electronics, Siemens, and Honeywell.
Taiwan Industrial Automation and Control Government Procurement
The Taiwan government is a major purchaser of industrial automation and control products and services. In 2022, the government spent an estimated USD 126.43 million on these products and services. The government procures a wide range of products and services, including programmable logic controllers (PLCs), supervisory control and data acquisition (SCADA) systems, and robotic systems.
Supervisory Control and Data Acquisition (SCADA) systems for remote monitoring and data management.
Industrial robots and cobots for automation of tasks in various industries.
Sensors, actuators, and other automation components for integrated systems.
The top authorities for Taiwan industrial automation and control procurement are:
The Ministry of Economic Affairs (MOEA)
The Ministry of Transportation and Communications (MOTC)
The Taiwan Power Company (Taipower)
The Taiwan Water Supply Corporation (TWSC)
The top winners are:
Advantech Co. Ltd. - Provides industrial computers, embedded systems, and automation solutions.
TECO Electric & Machinery Co. Ltd. - Manufactures electric motors, drives, and control systems.
FATEK Automation Corporation - Offers industrial automation products and services.
Delta Electronics, Inc. - Focuses on power electronics, automation, and renewable energy solutions.
Winbond Electronics Corporation - Leading supplier of memory chips and semiconductors.
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