Industrial automation control solutions help organizations to optimize business operations through efficient control of various processes with minimal (or reduced) human intervention. The data collected from field devices and systems gives businesses a competitive edge.
Automation solutions such as DCS, PLC, drives, and sensors improve organizational efficiency by facilitating uninterrupted machine operation, reduce total cost of ownership, and provide real-time information.
Most companies are opting for automation control solutions to comply with government regulations for curbing greenhouse gas emission and goods manufacturing practices (GMP), among others. Automation solutions not only help companies to reduce costs and bring uniformity, but also provide alerts in case of leaks and detect impurities.
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Technavio's analysts forecast the global industrial automation control market to grow at a CAGR of 7.59% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial automation control market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of the following automation control systems:
* DCS
* PLC
* Drives
* Sensors
The market is divided into the following segments based on geography:
* Americas
* APAC
* EMEA
Technavio's report, Global Industrial Automation Control 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
* Emerson
* Honeywell
* Siemens
Other prominent vendors
* Bosch Rexroth
* Control Systems International
* General Electric
* Hitachi
* IDEC
* Keyence
* Koyo Electronics
* Metso
* Mitsubishi Heavy Industries
* Omron
* Panasonic
* Rockwell Automation
* Schneider Electric
* Toshiba
* Yokogawa Electric
Market driver
* Need to comply with government policies and regulations
* For a full, detailed list, view our report
Market challenge
* High customer switching cost
* For a full, detailed list, view our report
Market trend
* Growing demand for smart factories
* 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?
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Global Industrial Automation Control Market 2016-2020 - New Market Study Published
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Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001