DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ngs7t3/industrial) has announced the addition of the "Industrial Control For Process Manufacturing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" report to their offering.
Global industrial control for process manufacturing market was valued at USD 61.23 billion in 2014, growing at a CAGR of 5.2% from 2015 to 2021.
Industrial control for process manufacturing solutions is used to measure, monitor and control manufacturing activities and processes. Demand for uniformity or consistency in end products is driving the demand for industrial control for process manufacturing solutions. Moreover demand for reduction in wastage of raw materials by efficient utilization of resources is driving the market growth.
The global industrial control for process manufacturing market by technology is categorized into supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS) and manufacturing execution system (MES). Rising need for real time monitoring of industrial processes and activities is driving the demand for SCADA, DCS, MES and PLC. Automation requirement from various industries such as oil & gas, power and chemical is further driving the market. Rising complexities of processes is driving the demand for advanced industrial controls boosting the overall market growth.
Based on the application, the industrial control for process manufacturing market is segmented into food & beverages, chemical, healthcare, textiles, power and oil & gas. Oil & gas sector has the highest market share in terms of revenue and is expected to maintain its dominance during the forecast period. However, power sector have the highest growth of potential during the forecast period. In addition, chemical sector is also a major contributor of global industrial control for process manufacturing. Need for bulk production and reducing downtime in chemical sector is driving the growth of this segment.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market overview
Chapter 4 Global Industrial Control For Process Manufacturing Market Analysis, by Technology 2014-2021 (USD Billion)
Chapter 5 Global Industrial Control For Process Manufacturing Market Analysis, by Application 2014-2021 (USD Billion)
Chapter 6 Global Industrial Control For Process Manufacturing Market Analysis by Geography 2014-2021 (USD Billion)
Chapter 7 Company Profiles
- ABB Ltd.
- Emerson Electric Co.
- General Electric
- Honeywell International Inc.
- Mitsubishi Electric Corporation
- Omron Corporation
- Rockwell Automation, Inc.
- Schneider Electric S.E.
- Siemens AG
- Yokogawa Electric Corporation
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