Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Last Hour:
Last 24 Hours:

Industrial Control And Factory Automation Market Size, Share, Growth and Forecasts, 2016 To 2022

Thursday, October 13, 2016 22:20
% of readers think this story is Fact. Add your two cents.

(Before It's News)

According to Stratistics MRC, the Global Industrial Control and Factory Automation market is accounted for $138.56 billion in 2015 and is expected to reach $242.10 billion by 2022 growing at a CAGR of 8.3%. Rapid advancement of Information Technology and the diversion of the manufacturing sector towards the adoption of automated technologies have revolutionized the manufacturing sector. Adoption of IoT (Internet of Things) and advancement in M2M (Mobile to Mobile) communication technology in the industrial sector, the need of optimal use of resources, waste reduction and increase in process efficiency are of prime concern in manufacturing industries, these all are fueling up the market. High investment requirement and advanced infrastructure requirements are some of the major restraining factors.

Robotic arms segment is estimated to be the dominant segment in market owing to its advantages in handling, better precision, reduction in labor costs and reduction in the risks of exposure to production hazards. Process industry segment is estimated to be the stagnant segment in order to its varied applications and vast structure. North America accounted for the largest share of market, while Asia Pacific is estimated to be the fastest growing, attributed to growing industrial sector in emerging countries such as China and India. Factory automation is increasing in China, due to the large number of automotive manufacturing plants. 

Browse full report with TOC@

Some of the key players of the Industrial Control and Factory Automation market include ABB Ltd., Ametek Inc, Aspen Technology Inc, Emerson Electric Corporation, General Electric, Honeywell International, Inc., Johnson Controls, Inc., Mitsubishi Electric, National Instrument Corporation, Omron, Rockwell Automation, Inc., Schnieder Electric, Siemens AG, Yokogawa Electric Corporation and Texas Instruments Inc.

End-Users Covered:
Discrete Industry 
o Aerospace & Defense 
o Automotive & Transportation 
o Electrical and Electronics 
o Machine Manufacturing 
o Other Discrete Industries 

Process Industry 
o Chemicals 
o Food & Beverages 
o Mining & Metals 
o Oil & Gas 
o Paper & Pulp 
o Petrochemicals & Fertilizers 
o Pharmaceuticals 
o Power 
o Printing and Packaging 
o Textile 
o Water & Wastewater Management 
o Other Process Industries 

Technologies Covered:
Distributed Control System (DCS) 
Human-Machine Interface 
 Manufacturing Execution System (MES) 
Product Lifecycle Management (PLM) 
Programmable Logic Controller (PLC) and Remote Terminal Unit (RTU) 
Supervisory Control and Data Acquisition (SCADA)

System Types Covered:
Electric Drives
Enterprise Resource Planning (ERP)
 Field Devices
Industrial Control Systems
Machine Vision
Manufacturing Execution Systems (MES)
Motion & Drives
Relays & Switches
Other System Types

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements.

Request A Sample copy of This Report @

Table Of Content

1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 End-User Analysis 
3.7 Product Analysis 
3.8 Application Analysis 
3.9 Emerging markets 

4 Porters Five Force Analysis 
4.1 Bargaining power of suppliers 
4.2 Bargaining power of buyers 
4.3 Threat of substitutes 
4.4 Threat of new entrants 
4.5 Competitive rivalry

To Get Discount On The Report @

Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.