Press release
Industrial Automation Control Market to Grow at 6+% CAGR to Reach US$ 324.6 Bn by 2027 Led by ABB Ltd, Honeywell International, Siemens AG, Emerson Electric, Bosch Rexroth AG, General Electric Company, Hitachi
Industrial Automation Control Market to 2027
The industrial automation control experiencing a steady growth with regards to the research and development activities, product innovations, investments, and technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The market for industrial automation control comprises of some well-established players across the globe. Since last decade, the demand in different end-user industry has accelerated significantly with growing adoption of automation and ground-breaking technology enhancements. As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from regional players as well as the leading global companies across the world. Use of automation is gaining high momentum in both process and discrete industries, depending upon the usage of advanced technologies.
Worldwide Industrial Automation Control Market 2027 research report conveys industry business patterns and the undertaking information, tolerating one to grasp clients and the stock driving gainfulness and yield development. The report highlights information on improvements and Global Industrial Automation Control Market trends, drivers, revenue and furthermore available. The market report pulls in the most peculiar bits of knowledge of this business additionally makes Industrial Automation Control forecast that is important out there. It accompanies estimations concerning the Industrial Automation Control advancement, subordinate and draws in the distinguishing proof of their industry status.
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The major companies offering industrial automation control to different industries include ABB Ltd, Honeywell International Inc., Siemens AG, Emerson Electric Co., Bosch Rexroth AG, General Electric Company, Hitachi, Ltd., Koyo Electronics Industries Co., Ltd., Mitsubishi Heavy Industries, Ltd., Omron Corporation, Rockwell Automation, B&R Industrial Automation Gmbh, and Beckhoff among others.
Key Benefits:
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Industrial Automation Control Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
An exclusive Industrial Automation Control Market research report created through broad primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Industrial Automation Control Market By Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Industrial Automation Control Market. Additionally, the report also highlights market entry strategies for various companies across the globe.
The global market for industrial automation control market is segmented on various parameters such as solution, industry vertical, end user, and geography. Based on solution, programmable logic control system (PLC) segment dominate the industrial automation control market heavily and is expected to continue its dominance throughout the forecast period from 2019 - 2027. On the basis of industry vertical, electronics and semiconductor segment is expected to witness a significant growth rate in the coming years. The industrial automation control market operates in an extremely fragmented industry with huge number of smaller players capturing the market.
This report provides in depth study of “Industrial Automation Control Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Industrial Automation Control Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
GLOBAL INDUSTRIAL AUTOMATION CONTROL – MARKET SEGMENTATION
By Solution
• Distributed Control System (DCS)
• Supervisory Control and Data Acquisition (SCADA)
• Programmable Logic Control System (PLC)
• Product Lifecycle Management (PLM)
• Others
By Industry Vertical
• Automotive
• Electronics & Semiconductor
• Food & Beverage
• Metal & Machinery
• Aerospace & Defense
• Others
By End User
• Process Industry
• Discrete Industry
By Geography
• North America
o U.S.
Illinois
Ohio
Michigan
Indiana
o Canada
o Mexico
• Europe
o France
o Germany
o Italy
o Russia
o UK
o Rest of Europe
• Asia Pacific (APAC)
o South Korea
o Australia
o China
o Taiwan
o Japan
o Rest of Asia-Pacific
• Middle East & Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA
• South America (SAM)
o Brazil
o Rest of MEA
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