THE GLOBAL INDUSTRIAL CONTROL AND FACTORY AUTOMATION MARKET IS PROJECTED TO REACH USD 275.19 BILLION BY 2025, GROWING AT A CAGR OF 7.36% FROM 2017 TO 2025 AND TOP KEY PLAYERS ARE ABB , EMERSON , ROCKWELL , SIEMENS , GENERAL ELECTRIC , SCHNEIDER , YOKOGAWA

The global Industrial Control and Factory Automation Market was valued at USD 145.23 billion in 2016 and is projected to reach USD 275.19 billion by 2025, growing at a CAGR of 7.36% from 2017 to 2025. Industrial control system (ICS) is a general term that encompasses several types of control systems and associated instrumentation used for industrial process control. Such systems can range from a few modular panel-mounted controllers to large interconnected and interactive distributed control systems with many thousands of field connections. All systems receive data received from remote sensors measuring process variables (PVs), compare these with desired set points (SPs) and derive command functions which are used to control a process though the final control elements (FCEs), such as control valves.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing Use of Enabling Technologies in Manufacturing
1.2 GrowingInnovation in Industrial Robotics Boosts Its Adoption in Manufacturing
1.3 Growing Need for Mass Production
1.4 Government Initiatives Toward the Adoption of Industrial Automation

2. Market Restraints
2.1 High Capital Investment
2.2 Declining Oil and Gas Prices Affect Infrastructure-Related Investment

Market Segmentation:
1. Global Industrial Control and Factory Automation Market, by Component:
1.1 Industrial Robots
1.1.1 Articulated Robots
1.1.2 Cartesian Robot
1.1.3 Selective Compliance Assembly Robot Arm (SCARA)
1.1.4 Parallel Robot
1.1.5 Cylindrical Robots
1.2 Machine Vision
1.2.1 Cameras
1.2.1.1 Analog Camera
1.2.1.2 Digital Camera
1.2.1.3 Smart Camera
1.2.2 Frame Gabber, Optics, & Led Lighting
1.2.3 Processors and Software

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1.3 Control devices
1.3.1 Servo Motors
1.3.2 Drives
1.4 Control valves
1.5 Field Instruments
1.5.1 Transmitters
1.5.2 Flowmeters
1.6 Human-Machine Interface
1.7 Industrial PC
1.8 Sensors
1.9 Industrial 3D printing

2. Global Industrial Control and Factory Automation Market, by Solution:
2.1 Supervisory Control and Data Acquisition (SCADA)
2.2 Programmable Logic Controller (PLC)
2.3 Distributed Control System (DCS)
2.4 Manufacturing Execution System (MES)
2.5 Product Life Cycle Management (PLM)
2.6 Functional Safety
2.7 Plant Asset Management (PAM)

3. Global Industrial Control and Factory Automation Market, by Industry:
3.1 Process Industry
3.1.1 Oil & Gas
3.1.2 Chemicals
3.1.3 Paper & Pulp
3.1.4 Pharmaceuticals
3.1.5 Mining & Metals
3.1.6 Food & Beverages
3.1.7 Power
3.1.8 Water & Wastewater Management
3.2 Discrete Industry
3.2.1 Automotive
3.2.2 Machine Manufacturing
3.2.3 Semiconductor & Electronics
3.2.4 Aerospace & Defense
3.2.5 Medical Devices
3.2.6 Others

4. Global Industrial Control and Factory Automation Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. ABB
2. Emerson
3. Rockwell
4. Siemens
5. General Electric
6. Schneider
7. Yokogawa
8. Omron
9. Mitsubishi
10. Honeywell

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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