Industrial Controls and Factory Automation Market Research Report, Size, Industry Forecast Analysis | Valuates Reports

Industrial Controls and Factory Automation Market

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.

The global Industrial Controls and Factory Automation market size is projected to reach US$ 224400 million by 2028, from US$ 137150 million in 2021, at a CAGR of 7.2% during 2022-2028.

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Globally, the industrial controls and factory automation industry market is relatively concentrated as the manufacturing technology of industrial controls and factory automation is relatively high. And some enterprises, like SIEMENS, Mitsubishi Electric and ABB, etc. are well-known for the wonderful performance of their industrial controls and factory automation and related services. The consumption volume of industrial controls and factory automation is related to downstream industries and global economy. Industrial controls and factory automation is widely used in many industries and general manufacturing industry has the largest market share of no more than 35%, which followed by automotive industry of market share of about 30%.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Industrial Controls and Factory Automation market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Industrial Controls and Factory Automation market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Industrial Controls and Factory Automation market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Industrial Controls and Factory Automation market.

Industrial Controls and Factory Automation market is segmented by players, 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 for the period 2017-2028.

By Type
• Control Systems
• Measurement and Analytical Products
• Switches and Safety Components
• Industrial Robot
• Others

By Application
• Oil and Gas
• Power Industry
• Automotive
• General Manufacturing

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

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