The need for smart factories, i.e., automated factories, has increased globally say a global industrial controls and factory automation market report, and this trend will gain considerable traction during the forecast period. Manufacturing-based countries like China and Germany have started to automate their existing factories to stay ahead of the competition, which has resulted in a projected CAGR of more than 7% for the Industrial Controls and Factory Automation market. —
Browse 35 market data exhibits spread through 108 pages and in-depth TOC on “Industrial Control and Factory Automation Market - Global Forecast to 2020” http://www.reportsnreports.com/reports/446032-global-industrial-controls-and-factory-automation-market-2015-2019.html.
This automation market is implemented by all process and discrete industries. Automation enables better communication and precise coordination within factories, and ensures flexibility in their underlying processes.
According to the report, the need to replace legacy automation systems with new highly efficient automation solutions for process improvements is one of the primary drivers in the market. Automation solutions enable organizations to take fast and predictive maintenance steps that prevent the failure of plant operations and increase productivity.
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 and 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. The 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. Order a Copy of Global Industrial Controls and Factory Automation Market 2015-2019 Report at http://www.reportsnreports.com/purchase.aspx?name=446032.
Segmentation of the Industrial Controls and Factory Automation Market by End-User: Process industries and Discrete industries.
Process industries consist of four different types of industries, namely oil and gas, chemical, power, and water and wastewater. According to The 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
The following companies are the key players in the Global Industrial Controls and Factory Automation Market: ABB, Emerson Electric, GE, Honeywell International, Rockwell Automation, Schneider Electric and Siemens
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.
Further, the report states that the switching cost associated with automation systems from one vendor to another is very high, acting as a challenge for end-user adoption.
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global industrial controls and factory automation market ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global SCADA market 2014-2019($ billions)
Exhibit 05: End-user split in SCADA 2014
Exhibit 06: Global MES market 2014-2019 ($ billions)
Exhibit 07: End-user split 2014
Exhibit 08: Global DCS market 2014-2019 ($ billions)
Exhibit 09: DCS end-user split 2014
Exhibit 10: Global PLC market 2014-2019 ($ billions)
Exhibit 11: End-user split 2014
Exhibit 12: Global electric drives market 2014-2019 ($ billions)
Exhibit 13: Drives split 2014
Exhibit 14: Market share of major vendors in global electric drives market 2014
Exhibit 15: Global protective relays market 2014-2019 ($ billions)
Exhibit 16: Protective relays: Product types
Exhibit 17: Global sensors market 2014-2019 ($ billions)
Exhibit 18: End-user split 2014
Exhibit 19: Global industrial controls and factory automation market in process industries ($ billions)
Exhibit 20: Global industrial controls and factory automation market in discrete industries ($ billions)
Exhibit 21: Industrial controls and factory automation market in APAC ($ billions)
Exhibit 22: Product segmentation in APAC of industrial controls and factory automation market 2014
Exhibit 23: Industrial controls and factory automation market in EMEA ($ billions)
Exhibit 24: Product segmentation in EMEA of industrial controls and factory automation market
Exhibit 25: Industrial controls and factory automation market in Americas ($ billions)
Exhibit 26: Product segmentation in Americas of industrial controls and factory automation market
Exhibit 27: Impact of drivers
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