Press release
Plant Automation Solutions In Global Market Will Grow At A CAGR Of 6.47% During The Period 2016 - 2020
Market Research Report
Plant automation encompasses various technologies starting from acquisition of raw materials to distribution of final products, and represents a revolution in the manufacturing industry. An automation control solution enables organizations in the process and discrete industries to increase the overall efficiency and functioning. It enables collection of data from field devices, which gives a competitive edge to end-users; allows uninterrupted system operations; provides accurate and real-time information to companies; improves efficiency metrics; and reduces total expenditure.
Technavios analysts forecast the global plant automation solutions market to grow at a CAGR of 6.47% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global plant automation solutions market for 2016-2020.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Plant Automation Solutions Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB Electric
Emerson Electric
Honeywell International
Rockwell Automation
Schneider Electric
Siemens
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Other prominent vendors
Control Systems International
Dassault Systmes
General Electric
Hitachi Group
Idec
Keyence
Koyo Electronics
Metso
Mitsubishi Electric
Mitsubishi Heavy Industries
Omron
Panasonic
Toshiba International
Yokogawa Electric
Market driver
Sharper industrial regulations
For a full, detailed list, view our report
Market challenge
Apprehensions among end-users about automation solutions
For a full, detailed list, view our report
Market trend
Growing focus on industrial Internet of Things (IoT)
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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