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Global Industrial Control For Process Automation Market Expected to Grow with a CAGR of 10.1% be 2027 - ResearchAndMarkets.com

January 17, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 17, 2020--

The “Industrial Control For Process Automation - Global Market Outlook (2018-2027)” report has been added to ResearchAndMarkets.com’s offering.

The Global Industrial Control For Process Automation Market accounted for $160.00 billion in 2018 and is expected to reach $379.75 billion by 2027 growing at a CAGR of 10.1%.

Rising use of enabling technologies in manufacturing, increasing adoption of industrial robots in manufacturing sector driven by collaborative robot. However, significant capital investment required for automation solutions are likely to hamper the profit boundaries.

Industrial control for process automation is a general term that encompasses several types of control systems and associated instrumentation used for industrial process control. Such systems can range from a few modular panel-mounted controllers to large interconnected and interactive distributed control systems with many thousands of field connections. All systems receive data received from remote sensors measuring process variables, compare these with desired set points (SPs) and derive command functions which are used to control a process through the final control elements (FCEs), such as control valves.

Based on the end user, the mining and metals industry is expected to witness the highest growth rate during the forecast period in process industries. The mining and metals industry is related to the extraction of mineral and metal reserves and fabrication of metals. The metal industry offers metal working processes such as grinding, milling, spinning, and forging. By geography, Asia Pacific is expected to hold the highest market share in the industrial control and factory automation market due to the technological innovation and increasing adoption of the automation technologies in various industries. Key players operating in the market in Asia Pacific are Mitsubishi Electric (Japan), Omron (Japan), Yokogawa (Japan), Fanuc (Japan), Yaskawa (Japan), and Fuji (Japan).

What the report offers:

Key Topics Covered:

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 Emerging Markets

3.8 Futuristic Market Scenario

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

5 Global Industrial Control For Process Automation Market, By Component

5.1 Introduction

5.2 Industrial 3D Printing

5.3 Sensors

5.4 Human-Machine Interface (HMI)

5.5 Industrial PC

5.6 Control Valves

5.7 Machine Vision

5.8 Field Instruments

5.9 Industrial Robots

6 Global Industrial Control and Factory Automation Market, By Solution

6.1 Introduction

6.2 Supervisory Control and Data Acquisition (SCADA)

6.3 Programmable Logic Controller (PLC)

6.4 Product Lifecycle Management (PLM)

6.5 Plant Asset Management (PAM)

6.6 Manufacturing Execution System (MES)

6.7 Functional Safety

6.8 Distributed Control System (DCS)

7 Global Industrial Control and Factory Automation Market, By End User

7.1 Introduction

7.2 Discrete Industry

7.2.1 Semiconductor & Electronics

7.2.2 Medical Devices

7.2.3 Machine Manufacturing

7.2.4 Automotive

7.2.5 Aerospace & Defense

7.3 Process Industry

7.3.1 Power

7.3.2 Pharmaceuticals

7.3.3 Paper & Pulp

7.3.4 Oil & Gas

7.3.5 Mining & Metals

7.3.6 Food & Beverages

7.3.7 Chemicals

7.3.8 Others

8 Global Industrial Control and Factory Automation Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

10 Company Profiling

10.1 ABB

10.2 Yokogawa

10.3 Wika

10.4 Stratasys

10.5 Siemens

10.6 Schneider Electric

10.7 Rockwell Automation

10.8 Omron

10.1 Mitsubishi Electric Corporation

10.10 HP

10.11 Honeywell

10.12 General Electric

10.13 Fanuc

10.14 Endress+Hauser

10.15 Emerson

10.16 Dwyer

10.17 3D Systems

For more information about this report visit https://www.researchandmarkets.com/r/vygia3

View source version on businesswire.com:https://www.businesswire.com/news/home/20200117005231/en/

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INDUSTRY KEYWORD: OTHER MANUFACTURING MANUFACTURING

SOURCE: Research and Markets

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PUB: 01/17/2020 08:07 AM/DISC: 01/17/2020 08:07 AM

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