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Industrial Automation Control Market is Set to Experience Revolutionary Growth by 2027 | ABB, Honeywell, Siemens AG, Emerson Electric, Bosch Rexroth

Press release   •   Aug 27, 2019 15:10 IST

Industrial Automation Control Market to 2027

The Insight Partners offers a latest published report on Industrial Automation Control Market to 2019 – Global Analysis and Forecasts 2027 will help Major Players and the new entrants to understand scrutinize the market in detail. This report focuses on the key global Industrial Automation Control Industry Key Manufacturer, to describe, define and analyze the value, market share, trends, market demand, research, competition landscape, SWOT analysis and development plans in the coming years.

The major companies offering industrial automation control to different industries include ABB Ltd, Honeywell International Inc., Siemens AG, Emerson Electric Co., Bosch Rexroth AG, General Electric Company, Hitachi, Ltd., Koyo Electronics Industries Co., Ltd., Mitsubishi Heavy Industries, Ltd., Omron Corporation, Rockwell Automation, B&R Industrial Automation Gmbh, and Beckhoff among others.

For More Information Download Sample Copy for Details@ https://www.theinsightpartners.com/sample/TIPTE100001043/

The industrial automation control experiencing a steady growth with regards to the research and development activities, product innovations, investments, and technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The market for industrial automation control comprises of some well-established players across the globe. Since last decade, the demand in different end-user industry has accelerated significantly with growing adoption of automation and ground-breaking technology enhancements. As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from regional players as well as the leading global companies across the world.

Key findings of the study:

  • From a growth perspective India in Asia-Pacific region is anticipated to witness the most lucrative CAGR growth rate of 14.6% during the forecast period
  • Power Tower segment in power plant type segment in Asia Pacific is estimated to grow at a significant CAGR from 2018 – 2025.
  • Molten Salt Pumps captured the Asia Pacific Industrial Automation Control Market in 2017 and is also expected to dominate the market throughout the forecast period.

The reports cover key developments in the Industrial Automation Control Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Industrial Automation Control Market are anticipated to lucrative growth opportunities in the future with the rising demand for Industrial Automation Control Market in the global market.

Technologies such as condition monitoring, IIoT, AI, big data analytics, virtual reality, and augmented reality helps to have access over real-time data required at the time of precision decision making. Machine vision, sensor, HMI, control valves, control devices, industrial robots, industrial PC, field instruments, and many other components are used to go ahead with manufacturing operations. In discrete industries, it produces distinct products which use bills of materials and routings to define lead times and costs. These industries need end-to-end manufacturing for the production and delivery of final products. Therefore, utilization of industrial automation plays a significant role to lower operational costs and maximizing productivity. In discrete manufacturing, production of a product is done sequentially by the craftsman. Discrete manufacturing is based on some production orders which keeps on changing depending upon orders.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Industrial Automation Control Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Industrial Automation Control Marketby each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report segments the global industrial automation control market as follows:

By Solutions
Distributed Control System (DCS)
Supervisory Control and Data Acquisition (SCADA)
Programmable Logic Control System (PLC)
Product Lifecycle Management (PLM)
Others

By Industry Vertical
Automotive
Electronics & Semiconductor
Food & Beverage
Metal & Machinery
Aerospace & Defense
Others

By End User
Process Industry
Discrete Industry

By Geography

North America

Europe

Asia Pacific (APAC)

Middle East & Africa (MEA)

South America (SAM)

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