Industrial Controls Market by Control System (Distributed Control System (DCS), Supervisory Control and Data Acquisition System (SCADA), Manufacturing Execution System (MES), and Others), Component (Sensor, Switch & Relay, Control Device, and Others), and

The industrial controls market witnesses significant growth in North America in the coming years, owing presence of key network security companies, as the cyberattack is the major threat to industrial control systems. In addition, various industries are investing in deployment of smart grid solutions to protect critical infrastructures from threat of cyber-attack. As well as the demand for automations and cloud services is on an increase in automotive, power, oil & gas, chemical, and other industries. These factors are expected to provide lucrative growth opportunities to the manufacturers during the forecast period.

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The Global Industrial Controls Market is expected to reach $163,345.7 million in 2024, from $117,370.3 million in 2017 growing at a CAGR of 5.1% from 2018 to 2024. Industrial control systems include various automation equipment, machines, and components. These systems are developed to monitor, control, and perform various industrial tasks & automate processes with high precision, improved product quality, and reliability. ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Company, and Schneider Electric SA are some of the leading key players of the global industrial controls market.

The industrial controls market has wide demand in various industries such as automotive, utility, electronics, semiconductors, and others, owing to its ability to control the automated processes. Further, rise in demand for IoT-based smart solutions and automation in various industries also increase the demand for the industrial controls. However, unavailability of authentication procedure to secure ICS from increasing cyberattacks is a challenging factor which impacts the growth of the market. The increase in demand for cloud-based services and growth in deployment of smart grid solutions to protect critical infrastructures from cyberattacks provide lucrative growth opportunities to the industrial controls market.

The global industrial controls market is segmented based on control system, components, end user, and region. By control system, it is categorized into distributed control system (DCS), supervisory control and data acquisition system (SCADA), manufacturing execution system (MES), and others. In 2017, the distributed controls systems (DCS) segment dominated the market, in term of revenue, and is expected to maintain this trend in the coming years. Based on component, it is classified into sensor, switch & relay, control device (drive, programmable logic controller (PLC), monitoring device, and others), and others. The sensor segment is anticipated to dominate the global industrial controls market throughout the forecast period.

The end-user industry segment is divided into automotive, utility, electronics & semiconductors, mining, and others. In 2017, the utility segment accounted for the highest market share due to increased demand for industrial controls in oil & gas industries to control and monitor physical processes.

Based on region, the Industrial Controls Market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, North America contributed the highest share and is anticipated to secure the leading position during the forecast period, owing to the presence of key network security companies, as the cyberattack is the major threat to industrial control systems.

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Competitive analysis and profiles of the major industrial controls market players, such as ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Corporation, Schneider Electric SA, Omron Corporation, Rockwell Automation, Inc., Kawasaki, and Yokogawa Electric Corporation are provided in this report. The key strategies adopted by key players during the period 2015 to 2017 were product launches, acquisitions, and collaboration.

Other prominent players in the market include GE Automation (part of GE Power), Yaskawa Electric Corporation, Denso Wave Incorporated, Toshiba Machine Corporation Ltd., and others.

Key Benefits for Stakeholders

• The report provides an extensive analysis of the current and emerging market trends and dynamics in the global industrial controls market.
• In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2024.
• Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• Comprehensive analysis of all regions are provided that determines the prevailing opportunities in these geographies.
• Key market players within the industrial controls market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of global demand reaction management system market.

LIST OF FIGURES

FIGURE 01. GLOBAL INDUSTRAL CONTROLS MARKET, 2017-2024
FIGURE 02. GLOBAL INDUSTRIAL CONTROLS MARKET: KEY PLAYERS
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2014-2018*
FIGURE 05. TOP WINNING STRATEGIES, BY COMPANY, 2014-2018*
FIGURE 06. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07. MODERATE BARGAINING POWER OF BUYERS
FIGURE 08. HIGH THREAT OF SUBSTITUTES
FIGURE 09. HIGH THREAT OF NEW ENTRANTS
FIGURE 10. HIGH COMPETITIVE RIVALRY
FIGURE 11. KEY PLAYER POSITIONING
FIGURE 12. DRIVERS, RESTRAINTS, AND OPPORTUNITIES: INDUSTRIAL CONTROLS MARKET
FIGURE 13. DCS INDUSTRIAL CONTROLS MARKET, BY COUNTRY, 2017-2024 (%)
FIGURE 14. SWITCHES & RELAYS INDUSTRIAL CONTROLS MARKET, BY COUNTRY 2017-2024 (%)
FIGURE 15. CONTROL DEVICES INDUSTRIAL CONTROLS MARKET, BY COUNTRY 2017-2024 (%)
FIGURE 16. OTHER INDUSTRIAL CONTROLS MARKET, BY COUNTRY 2017-2024 (%)
FIGURE 17. UTILITY INDUSTRIAL CONTROLS MARKET, BY COUNTRY 2017-2024 (%)
FIGURE 18. ELECTRONICS & SEMICONDUCTORS INDUSTRIAL CONTROLS MARKET, BY COUNTRY 2017-2024 (%)
FIGURE 19. MINING INDUSTRIAL CONTROLS MARKET, BY COUNTRY 2017-2024 (%)
FIGURE 20. OTHER INDUSTRIAL CONTROLS MARKET, BY COUNTRY 2017-2024 (%)
FIGURE 21. U.S. INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 22. CANADA INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 23. MEXICO INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 24. U.K. INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 25. GERMANY INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 26. FRANCE INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 27. ITALY INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 28. REST OF EUROPE INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 29. CHINA INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 30. INDIA INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 31. JAPAN INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 32. REST OF ASIA-PACIFIC INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 33. LAMEA INDUSTRIAL CONTROLS MARKET, BY END USER, 2017-2024 ($MILLION)
FIGURE 34. LATIN AMERICA INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 35. MIDDLE EAST INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 36. AFRICA INDUSTRIAL CONTROLS MARKET REVENUE, 2017-2024 ($MILLION)
FIGURE 37. ABB: NET SALES, 2015-2017 ($MILLION)
FIGURE 38. ABB: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 39. ABB: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 40. EMERSON ELECTRIC COMPANY: NET SALES, 2015-2017 ($MILLION)
FIGURE 41. EMERSON ELECTRIC COMPANY: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 42. EMERSON ELECTRIC COMPANY: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 43. HONEYWELL INTERNATIONAL INCORPORATION: NET SALES, 2015-2017 ($MILLION)
FIGURE 44. HONEYWELL INTERNATIONAL INCORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 45. HONEYWELL INTERNATIONAL INCORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 46. KAWASAKI ROBOTICS: NET SALES, 2015-2017 ($MILLION)
FIGURE 47. KAWASAKI ROBOTICS: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 48. KAWASAKI ROBOTICS: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 49. MITSUBISHI ELECTRIC FACTORY AUTOMATION: NET SALES, 2015-2017 ($MILLION)
FIGURE 50. MITSUBISHI ELECTRIC FACTORY AUTOMATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 51. MITSUBISHI ELECTRIC FACTORY AUTOMATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 52. OMRON CORPORATION: NET SALES, 2015-2017 ($MILLION)
FIGURE 53. OMRON CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 54. OMRON CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 55. ROCKWELL AUTOMATION, INC.: NET SALES, 2015-2017 ($MILLION)
FIGURE 56. ROCKWELL AUTOMATION, INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 57. ROCKWELL AUTOMATION, INC.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 58. SCHNEIDER ELECTRIC SA: NET SALES, 2015-2017 ($MILLION)
FIGURE 59. SCHNEIDER ELECTRIC SA: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 60. SCHNEIDER ELECTRIC SA: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 61. SIEMENS AG: NET SALES, 2015-2017 ($MILLION)
FIGURE 63. SIEMENS AG: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 64. SIEMENS AG: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 65. YOKOGAWA ELECTRIC CORPORATION: NET SALES, 2015-2017 ($MILLION)
FIGURE 66. YOKOGAWA ELECTRIC CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 67. YOKOGAWA ELECTRIC CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

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