Industrial Automation Market Global Analysis, Growth, Prospect, Trends, Supply Demand 2028 with Top Companies Analysis: FANUC America Corporation, ABB, Mitsubishi Electric Corporation, Schneider Electric, Bosch, Honeywell, Emerson, GE, Yokogawa, Voith Gro

The forecast period 2017-2024 is going to be great for the industrial automation market which will be the face changer for Semiconductors and Electronics industry. The users are increasing day by day hence increasing the sales, import, export, revenue and CAGR values. The SWOT analysis shows what the market drivers and restrains are for the industrial automation market.

The key players and brands are the driving factors for the market that are using moves such as product launches, joint ventures, merges and accusations. This report provides a thorough synopsis on the market’s definition, classifications, applications, and engagements.

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The Global Industrial Automation Market accounted to USD 192.8 billion in 2016 growing at a CAGR of 7.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

There is need of Industrial automation for several industries like Automotive and Transportation, Metals and Mining, Energy and Power System, Chemical, Material, and Food, Measurement and Instrumentation, Environment and Building Technologies, Heavy Industries, Oil and Gas, Pulp and Paper, and Hydro Power will create a huge market for the industrial automation.

Global Industrial Automation Market: Segmentation

• On the basis of automation type the industrial automation market is segmented into Distributed Control System (DCS), Programmable Logic Control Systems (PLC), Machine Vision Systems, Manufacturing Execution Systems (MES), Human Machine Interface (HMI), Supervisory Control and Data Acquisition (SCADA), Product Lifecycle Management (PLM), Plant Asset Management, Computer Numerical Control (CNC) Routers, and Electronic Control Units (ECU). The SCADA market is expected to grow in the forecasted period.

• On the basis of application the industrial automation market is segmented into Automotive and Transportation, Metals and Mining, Energy and Power System, Chemical, Material, and Food, Measurement and Instrumentation, Environment and Building Technologies, Heavy Industries, Oil and Gas, Pulp and Paper, and Hydro Power. The Environment and Building Technologies market is expected to grow in the forecasted period.

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Top Competitors:

• ABB Ltd,
• Adept Technology,
• Bosch,
• Honeywell Solutions,
• Emerson Electric,
• Schneider Electric,
• Mitsubishi Electric,
• Nextnine Ltd,
• General Electric Company,
• Yokogawa Electric Corporation,
• Voith GmbH.,
• Among other companies

Key Insights in the report:

• Historical and current market size and projection up to 2025
• Market trends impacting the global industrial automation market.
• Analyze and forecast industrial automation market on the basis of form, technology, Transportation & distribution, end-use industry and grade.
• Trends of key regional and country-level markets for form, technology, transportation & distribution, end-use industry and grade.
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

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