Mexico Factory Automation and Industrial Controls Market 2021 Status and Business Outlook - Rockwell Automation Inc., Honeywell International Inc., General Electric Company

The Mexico Factory Automation and Industrial Controls Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. This report also provides an analysis of the impact of the COVID-19 pandemic on Mexico Factory Automation and Industrial Controls Industry.

The Mexican factory automation and industrial controls market was valued at USD 1400.2 million in 2020, and it is expected to reach USD 2378.78 million by 2026, and register a CAGR of 8.5% over the forecast period (2021-2026).

Get Free Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/05202905211/mexico-factory-automation-and-industrial-controls-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=PD                                                        

Top Leading Companies of Mexico Factory Automation and Industrial Controls Market are Rockwell Automation Inc., Honeywell International Inc., General Electric Company, ABB Ltd, Emerson Electric Company, Omron Corporation, Autodesk Inc., Mitsubishi Electric Corporation, Siemens AG, Aspen Technology Inc., Robert Bosch GmbH, Texas Instruments Inc., Yokogawa Electric Corporation and others.

Industry News and Updates:

Oct 2018, GE launched the next phase of the Industrial Internet Control System (IICS). Built on the capabilities of its IICS, Intelligent Platforms introduced PACSystems RX3i CPL410, the first-ever outcome optimizing open controller, remote monitoring as a service platform, both designed to harness the combined power of edge controls and analytics to deliver actionable intelligence across the industrial ecosystem.

Key Market Trends:

Robotics Segment to Hold Major Growth

Mexico is predominantly a production hub for car manufacturers and automotive parts suppliers that export to the United States, and increasingly to South America. At USD 2.45 trillion, Mexico is the fifteenth-largest global economy and home to 20 plus automotive assembly plants, including BMW, Mercedes, Audi, Ford, Chrysler, and Nissan.

They are putting more pressure on the local plants to increase the quality, get better safety, get better throughput, which is driving automation and robotics.

The Mexican manufacturing industry has propelled and digitalized significantly in recent years to enhance productivity, primarily owing to the automotive sector in the country, which is the seventh-largest maker of motor vehicles in the world. It produced more than 4.1 million units in 2017 or about 4.2% of the global production of 95.3 million units.

The regions are further sub-divided into:

-North America (NA) – US, Canada, and Mexico
-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
-Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa

Browse Full Report at:

https://www.marketinsightsreports.com/reports/05202905211/mexico-factory-automation-and-industrial-controls-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=PD                                                                

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Mexico Factory Automation and Industrial Controls Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

We Offer Customization On Report Based On Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.