DUBLIN--(BUSINESS WIRE)--The "Global Integrated Machine Control Systems Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the global integrated machine control systems market to grow at a CAGR of 7.37% during the period 2018-2022.
Integrated machine control systems are machine control systems that contain integrated programmable logic controller (PLC) and human machine interface (HMI) in a single panel/package.
The latest trend gaining momentum in the market is the growing M&A in construction industry. The construction industry is one of the major end-users of integrated machine controls systems. The growing activities of M&A by many companies with the objective of expanding their business operations and tackling the market competition is one of the key trends gaining traction in the market.
One of the major drivers for this market is the increased adoption of IoT. The advent of IoT has made significant changes to the discrete and process industries across the world. Machine control systems with IoT-integrated controllers are one of the latest advances in the field of machine controllers. The demand for these controllers is increasing due to the functional benefits of IoT.
The report states that one of the major factors hindering the growth of this market is the downturn in the mining industry. The downturn in the mining industry is posing a major threat to the global integrated machine control systems market. The mining industry has been observing a steep decline in price over the past 5 years due to the decreasing demand for mining projects from Asia, especially from countries such as China, along with the fall in investments and reduction in new mining projects in Australia.
- Robert Bosch
- Rockwell Automation
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Customer Landscape
8: Market Segmentation By End-User
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/x9q3th/global_integrated?w=4