Industrial Control and Factory Automation Market 2017 - Global Forecast to 2022 - Research and Markets

DUBLIN--()--The "Industrial Control and Factory Automation Market by Solution (SCADA, PLC, DCS, MES, PLM, PAM, Functional Safety), Component (Industrial Robots, Industrial 3D Printing, Control Valves, Machine Vision), Industry & Geography - Global Forecast to 2022" report has been added to Research and Markets' offering.

The industrial control and factory automation market is expected to be worth USD 239.11 Billion by 2023, at a CAGR of 7.4% from USD 155.26 in 2017 between 2017 and 2023.

The growth of this market is propelled by the extensive use of enabling technologies in manufacturing, continuous innovation in industrial robotics boosting its adoption in manufacturing, need for mass production and connected supply chain to cater the growing population, and government initiatives toward the adoption of industrial automation in various industries.

The industrial control and factory automation market for Manufacturing Execution System (MES) is expected to hold the largest share by 2023. MES combines all the tasks of modern production management in a comprehensive software system for the factory.

The industrial control and factory automation market for industrial robots is expected to hold the largest share by 2023. Industrial robots are used in all types of process and discrete industry for supporting the manufacturing process.

The Industrial Internet of Things (IIoT) is expected to hold the largest share of enabling technology by 2023. IIoT is a transformative manufacturing strategy that helps automation manufacturing companies to improve quality, safety, and productivity in their plants.

The industrial control and factory automation market for the process industry is expected to hold the largest share by 2023. The rate of adoption of the solutions related to the industrial control and factory automation is high in process industries owing to rising cost pressure on manufacturers to optimize the production process.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Enabling Technologies Supporting Manufacturing Industries in Industrial Control And Factory Automation

8 Industrial Control And Factory Automation Market, By Solution

9 Industrial Control And Factory Automation Market, By Component

10 Industrial Control And Factory Automation Market, By Industry

11 Industrial Control And Factory Automation Market, By Geography

12 Competitive Landscape

13 Company Profiles

  • ABB
  • Emerson
  • General Electric
  • Honeywell
  • Mitsubishi
  • Omron
  • Pinpoint Information Systems Inc.
  • Progea Srl
  • Rockwell
  • Schneider
  • Siemens
  • Tegan Innovations Ltd
  • Win-911 Software
  • Yokogawa

For more information about this report visit https://www.researchandmarkets.com/research/2tn8dn/industrial

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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
Related Topics: Industrial Automation