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Industrial Controls Market - Global Industry Analysis Size Share Growth Trends and Forecast 2015 - 2021

Industrial Controls Industry: Forecasts to 2021

  • June 2015
  • 104 pages
  • ID: 3095691
In this report:
Furthermore, investment in power transmission and distribution in Asia Pacific is expected to drive the demand for process automation in the utilities sector.
Large investments in energy verticals such as oil and gas and swift advancement in process automation are chiefly driving the market growth in North America.

Summary

Table of Contents

The industrial control network is a system of interconnected equipments that are used to examine and control physical equipments in the industrial environments. An industrial control system helps to control and remote industrial automation equipment and decrease process lead time. For example, the growth of SCADA systems across various industry verticals is triggered by growing demand for remote control and supervision of equipment and processes. Moreover, investment in power transmission and distribution in APAC is forecast to drive the market demand for process automation in the utilities sector. Additionally, rising need of software in industrial automation, rise in infrastructure investments in emerging markets and increase in demand for process automation among distinct industry verticals are the main factors that are driving the industrial controls market globally.

Among all the application segments, power sector segment holds the biggest market share at present in the industrial controls market. Wide gaps in demand and supply of industrial control devices in developing countries including China, India (IN), and Japan (JP) is estimated to boost the industry demand for DCA, SCADA, and PLC products in the power sector. In 2014, chemicals are the second most important application sector in the industrial controls market globally. Increasing demand for bulk production of chemical materials is boosting the application of industrial control systems in the chemical industry.

This market research study examines the industrial control market on a overall level, and offers measures in terms of income from 2015 to 2021. The analysis identifies the drivers and market restraints affecting the sector and examines their effect over the outlook period. Also, it identifies the meaningful opportunities for industry growth in the next years.

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North America (NA) introduces the biggest market share of the industrial controls market. In 2014, North America continent accounted for most important revenue share in the overall industrial controls market. Big investments in energy verticals including oil and gas and swift advancement in process automation are chiefly driving the market increase in North America (NA). Asia-Pac holds the second biggest market share in the industrial controls market succeeded by EU and RoW respectively.

The document breaks down the market based on geography as North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe, and these have been estimated in terms of income. Furthermore, the document breaks down the market established on types as supervisory control and data acquisition, distributed control system, and programmable logic controller. The report also divides the sector established on applications including oil & gas, water & wastewater, manufacturing, automotive, pharmaceuticals, power sector, chemicals, food & beverages, and others. Moreover, by components, the overall SCADA market has been divided into Programmable Logic Controller, Human Machine Interface, Remote Terminal Unit, SCADA Communication System, and others. All these segments have also been estimated based on geography in terms of income.

The market research also comprises opposing landscape and Analysis of market appeal, wherein applications are benchmarked based on their market scope, rate of growth, and market interest.

The market research offers company market share analysis of different industry participants. The top players have also been profiled based on company details, product class, financial review, historical roadmap, strategic management and the new developments in the field of industrial controls market. Main market participants in the industrial controls market contain Siemens AG, Omron Corp, Emerson Electric Co, Rockwell Automation, Incorporated, Honeywell International, Inc, Alstom SA, General Electric Co, Omron Corp, ABB Ltd, Schneider Electric SE and Yokogawa Electric Corporation among others.

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1.1 Market segmentation

The industrial controls market is broken down as below:

Overall industrial controls market, by Types

Others (Aerospace, Defense, Mining, and Materials)

Overall industrial controls market, by Area:

North America (NA)

USA

Canada (CA)

Mexico (MX)

Europe (EU)

United Kingdom

Germany (DE)

France (FR)

Italy (IT)

Rest of europe (EU)

Asia-Pac

China (CN)

India (IN)

Japan (JP)

Taiwan

South Korea (KR)

Rest of Asia Pacific (APAC)

Rest of the globe

Middle East

African continent

South America

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