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Industrial Controls and Factory Automation Market Size is expected to reach $208150 Million by 2027

09-06-2021 08:17 AM CET | Industry, Real Estate & Construction

Press release from: Valuates Reports

Industrial Controls and Factory Automation Market Size

The global Industrial Controls and Factory Automation market size is projected to reach US$ 208150 million by 2027, from US$ 128090 million in 2020, at a CAGR of 7.2% during 2021-2027.

Industrial controls and factory automation use set technologies and automatic control devices that results the automatic operation and control of industrial processes without significant human intervention and achieving superior performance than manual control. These automation devices include PLCs, PCs, PACs, etc. and technologies include various industrial communication systems. It facilitates to increase the product quality, reliability and production rate while reducing production and design cost by adopting new, innovative and integrated technologies and services.

Inquire for Sample Report: https://reports.valuates.com/request/sample/QYRE-Auto-26L5661/Global_Industrial_Controls_and_Factory_Automation_Market

Industrial Controls and Factory Automation Market Segment Review

Industrial Controls and Factory Automation market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Industrial Controls and Factory Automation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-26L5661/global-industrial-controls-and-factory-automation

Industrial Controls and Factory Automation Market by Type

o Control Systems
o Measurement and Analytical Products
o Switches and Safety Components
o Industrial Robot
o Others

Industrial Controls and Factory Automation Market by Application

o Oil and Gas
o Power Industry
o Automotive
o General Manufacturing
o Others

Major Players in the Industrial Controls and Factory Automation Market

o Siemens
o Mitsubishi Electric
o ABB
o Emerson
o Rockwell Automation
o Schneider Electric
o Keyence
o Bosch Rexroth
o Honeywell
o Fanuc
o Omron
o Yokogawa Electric
o Fuji Electric
o KuKa
o Inovance Group
o General Electric

Similar Reports :

Industrial Automation Market: https://reports.valuates.com/reports/QYRE-Auto-3L6898/global-industrial-automation

Factory Automation Market: https://reports.valuates.com/market-reports/ALLI-Auto-4K264/factory-automation

Industrial Services Market: https://reports.valuates.com/market-reports/QYRE-Othe-1S431/industrial-services

Industrial Robots Market: https://reports.valuates.com/market-reports/QYRE-Othe-3D310/industrial-robots

Process Automation Market: https://reports.valuates.com/market-reports/QYRE-Othe-2F418/global-process-automation

SCADA Market : https://reports.valuates.com/market-reports/QYRE-Auto-8E3010/covid-19-impact-on-global-supervisory-control-and-data-acquisition-scada

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