Pune, India -- (SBWire) -- 11/06/2018 --The industrial control and factory automation market for the process industry is expected to hold the largest share by 2023. The rate of adoption of the solutions related to the industrial control and factory automation is high in process industries owing to rising cost pressure on manufacturers to optimize the production process. In the manufacturing process, the discrete manufacturers uses automation system such as distributed control systems (DCS) and programmable logic controllers (PLCs) to operate and control the motors, robots, and conveyors.
In 2017, the global Industrial Control and Factory Automation market size was 113500 million US$ and it is expected to reach 185000 million US$ by the end of 2025, with a CAGR of 6.3% during 2018-2025.
This report focuses on the global Industrial Control and Factory Automation status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Industrial Control and Factory Automation development in United States, Europe and China.
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The key players covered in this study
ABB
Emerson Electric
Rockwell Automation
Schneider Electric
Siemens AG
General Electric
Honeywell International
Johnson Controls
Mitsubishi Electric
Yokogawa Electric
Rockwell
Omron
Market segment by Type, the product can be split into
Supervisory Control and Data Acquisition (SCADA)
Programmable Logic Controller (PLC) and Remote Terminal Unit (RTU)
Distributed Control System (DCS)
Manufacturing Execution System (MES)
Product Lifecycle Management (PLM)
Human-Machine Interface
Market segment by Application, split into
Automotive & Transportation
Machine Manufacturing
Electrical and Electronics
Aerospace & Defense
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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The study objectives of this report are:
To analyze global Industrial Control and Factory Automation status, future forecast, growth opportunity, key market and key players.
To present the Industrial Control and Factory Automation development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Industrial Control and Factory Automation are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Industrial Control and Factory Automation Market to Reach 185 Billion by 2025: Industry 4.0 to Be Play a Crucial Role in Market Growth
Global (United States, European Union and China) Industrial Control and Factory Automation Market Size, Status and Forecast 2018-2025