Global Industrial Controls & Factory Automation Market (2016-2021) - Expected to Reach $256.9 Billion in 2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Industrial Controls and Factory Automation Market: 2016-2021" report to their offering.

The projection for global industrial control and factory automation market has been witnessing growth, as the organization of resources and people is moving away from traditional systems toward integrated networks, which include both automated software and hardware elements. The elements utilized in multiple components has shown the potential to boost the growth of global industrial control and factory automation market.

The global market for industrial control and factory automation is expected to grow from $177.6 billion in 2015 to $199.9 billion in 2016 at a year-on-year (YOY) growth rate of 12.6%. In addition, the market is expected to grow at a five-year CAGR (2016 to 2021) of 5.1%, to reach $256.9 billion in 2021. The mentioned increasing trend is penetrating across society and the global economy. Industries like Aerospace & Defense, Transportation, Electrical & Electronics, Manufacturing, Food & Beverages, Oil & Gas, Pharmaceuticals, Chemicals and Water management have all focused toward complete automation.

In many situations, increased reliance on control and automation sources, including DCS, HMI, MES, PLC, PLM and SCADA technologies, will serve as a key component toward reaching climate change, energy security and environmental goals of political entities across the globe.

Companies Mentioned:

  • Abb Ltd.
  • Aquiles Robotic Systems, S.L.
  • Asimov Robotics Pvt., Ltd.
  • Barrett Technology Llc.
  • Ekso Bionics
  • Emerson Electric Co.
  • Eps Instrumentation Pvt. Ltd.
  • Epson
  • Finetech Controls (P) Ltd.
  • General Electric
  • Hocoma Ag
  • Honda Motor Co., Ltd.
  • Honeywell International Inc.
  • Innovation
  • Irobot Corp.
  • Kinova Robotics
  • Kirby Lester
  • Maxon Motors
  • Mazor Robotics Ltd.
  • Medrobotics Corp.
  • Mitsubishi Electric Corp.
  • Nema (National Electrical Manufacturers Association)
  • Omnicell Ltd.
  • Panasonic Corp.
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Siemens Ag
  • Swisslog Holding Ag
  • Vecna Technologies
  • Yokogawa Electric Corp.

Key Topics Covered:

1. Introduction

2. Summary

3. Overview

4. Global Market Forecast For Industrial Control And Factory Automation

5. Drivers & Challenges

6. Suppliers Landscape And Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/x38q3q/global_industrial

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Industrial Automation

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Industrial Automation