Research Report on “
Global Industrial
Controls and Factory Automation Market 2015-2019”
Global industrial controls
and factory automation market outlook
The increasing adoption of
automation by factories in the US, China, and Germany has propelled
the growth of the global industrial controls and factory automation
market, which has resulted in a projected CAGR of more than 7% for
the market. This automation market is implemented by all process and
discrete industries.
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In terms of geographical
revenue contribution, the APAC region occupied the biggest market
share with a share of close to 36% in 2014
Key industries like the oil
and gas in the Middle East, chemical in Europe and China, automotive
in China and US, water treatment in Europe have all shifted towards
streamlining of their processes through real-time data gathering and
control. This requirement has created demand for industrial control
solutions such as DCS, SCADA, PLC, protective relays, electric
drives, sensors, and MES.
Product segmentation of the
industrial controls and factory automation market
- SCADA
- MES
- DCS
- PLC
- Electric Drives
- Protective Relays
- Sensors
One of the major drivers
propelling the growth of the SCADA segment is the increased need for
central monitoring and control to improve plant efficiency. Technavio
predicts the global SCADA market to surpass USD 19 billion by 2019,
and the EMEA region will be the largest revenue generator for the
SCADA systems during the forecast period.
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Segmentation of the industrial controls and factory automation
market by end-user
- Process industries
- Discrete industries
Process industries consist of four different types of industries,
namely oil and gas, chemical, power, and water and wastewater.
According to Technavios market research, the global industrial
controls and factory automation market in the process industries is
expected to reach USD 109.44 billion by 2019.
Competitive landscape and key vendors
Top vendors in this market are -
- ABB
- Emerson Electric
- GE
- Honeywell International
ABB is among the top vendors in the global industrial controls and
factory automation market providing automation and power technologies
to diverse industries, including utilities, transport,
infrastructure, and other industries. Its products are sold in over
100 countries worldwide.
Table
of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
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