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Industrial Controls-Global Market Insights and Sales Trends 2024
Synopsis
Industrial control systems include various automation equipment, machines, and components. These systems are developed to monitor, control, and perform various industrial tasks and automate processes with high precision, improved product quality, and reliability.
The global Industrial Controls market size is expected to reach US$ 160090 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Controls in various end use industries. The expanding demands from the Automotive, Utility, Electronics and Semiconductor and Mining, are propelling Industrial Controls market. Distributed Control System (DCS), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Supervisory Control and Data Acquisition System (SCADA) segment is estimated at % CAGR for the next seven-year period.
The industrial controls market has wide demand in various industries such as automotive, utility, electronics, semiconductors, and others, owing to its ability to control the automated processes. Further, rise in demand for IoT-based smart solutions and automation in various industries also increase the demand for the industrial controls. However, unavailability of authentication procedure to secure ICS from increasing cyberattacks is a challenging factor which impacts the growth of the market. The increase in demand for cloud-based services and growth in deployment of smart grid solutions to protect critical infrastructures from cyberattacks provide lucrative growth opportunities to the industrial controls market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Controls, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Controls market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Controls market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Controls sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Controls covered in this report include ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Omron Corporation, Rockwell Automation, Inc. and Kawasaki, etc.
The global Industrial Controls market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd.
Mitsubishi Electric Factory Automation
Siemens
Honeywell International Incorporation
Emerson Electric Company
Schneider Electric SA
Omron Corporation
Rockwell Automation, Inc.
Kawasaki
Yokogawa Electric Corporation
Global Industrial Controls market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Controls market, Segment by Type:
Distributed Control System (DCS)
Supervisory Control and Data Acquisition System (SCADA)
Manufacturing Execution System (MES)
Others
Global Industrial Controls market, by Application
Automotive
Utility
Electronics and Semiconductor
Mining
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Industrial Controls manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Controls in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Industrial control systems include various automation equipment, machines, and components. These systems are developed to monitor, control, and perform various industrial tasks and automate processes with high precision, improved product quality, and reliability.
The global Industrial Controls market size is expected to reach US$ 160090 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Controls in various end use industries. The expanding demands from the Automotive, Utility, Electronics and Semiconductor and Mining, are propelling Industrial Controls market. Distributed Control System (DCS), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Supervisory Control and Data Acquisition System (SCADA) segment is estimated at % CAGR for the next seven-year period.
The industrial controls market has wide demand in various industries such as automotive, utility, electronics, semiconductors, and others, owing to its ability to control the automated processes. Further, rise in demand for IoT-based smart solutions and automation in various industries also increase the demand for the industrial controls. However, unavailability of authentication procedure to secure ICS from increasing cyberattacks is a challenging factor which impacts the growth of the market. The increase in demand for cloud-based services and growth in deployment of smart grid solutions to protect critical infrastructures from cyberattacks provide lucrative growth opportunities to the industrial controls market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Controls, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Controls market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Controls market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Controls sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Controls covered in this report include ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Omron Corporation, Rockwell Automation, Inc. and Kawasaki, etc.
The global Industrial Controls market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd.
Mitsubishi Electric Factory Automation
Siemens
Honeywell International Incorporation
Emerson Electric Company
Schneider Electric SA
Omron Corporation
Rockwell Automation, Inc.
Kawasaki
Yokogawa Electric Corporation
Global Industrial Controls market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Controls market, Segment by Type:
Distributed Control System (DCS)
Supervisory Control and Data Acquisition System (SCADA)
Manufacturing Execution System (MES)
Others
Global Industrial Controls market, by Application
Automotive
Utility
Electronics and Semiconductor
Mining
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Industrial Controls manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Controls in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Industrial Controls Market Overview
1.1 Industrial Controls Product Overview
1.2 Industrial Controls Market Segment by Type
1.2.1 Distributed Control System (DCS)
1.2.2 Supervisory Control and Data Acquisition System (SCADA)
1.2.3 Manufacturing Execution System (MES)
1.2.4 Others
1.3 Global Industrial Controls Market Size by Type
1.3.1 Global Industrial Controls Market Size Overview by Type (2018-2029)
1.3.2 Global Industrial Controls Historic Market Size Review by Type (2018-2023)
1.3.3 Global Industrial Controls Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Industrial Controls Sales Breakdown by Type (2018-2023)
1.4.2 Europe Industrial Controls Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Industrial Controls Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Industrial Controls Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Industrial Controls Sales Breakdown by Type (2018-2023)
2 Global Industrial Controls Market Competition by Company
2.1 Global Top Players by Industrial Controls Sales (2018-2023)
2.2 Global Top Players by Industrial Controls Revenue (2018-2023)
2.3 Global Top Players by Industrial Controls Price (2018-2023)
2.4 Global Top Manufacturers Industrial Controls Manufacturing Base Distribution, Sales Area, Product Type
2.5 Industrial Controls Market Competitive Situation and Trends
2.5.1 Industrial Controls Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Industrial Controls Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Industrial Controls as of 2022)
2.7 Date of Key Manufacturers Enter into Industrial Controls Market
2.8 Key Manufacturers Industrial Controls Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Industrial Controls Status and Outlook by Region
3.1 Global Industrial Controls Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Industrial Controls Historic Market Size by Region
3.2.1 Global Industrial Controls Sales in Volume by Region (2018-2023)
3.2.2 Global Industrial Controls Sales in Value by Region (2018-2023)
3.2.3 Global Industrial Controls Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Industrial Controls Forecasted Market Size by Region
3.3.1 Global Industrial Controls Sales in Volume by Region (2024-2029)
3.3.2 Global Industrial Controls Sales in Value by Region (2024-2029)
3.3.3 Global Industrial Controls Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Industrial Controls by Application
4.1 Industrial Controls Market Segment by Application
4.1.1 Automotive
4.1.2 Utility
4.1.3 Electronics and Semiconductor
4.1.4 Mining
4.1.5 Others
4.2 Global Industrial Controls Market Size by Application
4.2.1 Global Industrial Controls Market Size Overview by Application (2018-2029)
4.2.2 Global Industrial Controls Historic Market Size Review by Application (2018-2023)
4.2.3 Global Industrial Controls Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Industrial Controls Sales Breakdown by Application (2018-2023)
4.3.2 Europe Industrial Controls Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Industrial Controls Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Industrial Controls Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Industrial Controls Sales Breakdown by Application (2018-2023)
5 North America Industrial Controls by Country
5.1 North America Industrial Controls Historic Market Size by Country
5.1.1 North America Industrial Controls Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Industrial Controls Sales in Volume by Country (2018-2023)
5.1.3 North America Industrial Controls Sales in Value by Country (2018-2023)
5.2 North America Industrial Controls Forecasted Market Size by Country
5.2.1 North America Industrial Controls Sales in Volume by Country (2024-2029)
5.2.2 North America Industrial Controls Sales in Value by Country (2024-2029)
6 Europe Industrial Controls by Country
6.1 Europe Industrial Controls Historic Market Size by Country
6.1.1 Europe Industrial Controls Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Industrial Controls Sales in Volume by Country (2018-2023)
6.1.3 Europe Industrial Controls Sales in Value by Country (2018-2023)
6.2 Europe Industrial Controls Forecasted Market Size by Country
6.2.1 Europe Industrial Controls Sales in Volume by Country (2024-2029)
6.2.2 Europe Industrial Controls Sales in Value by Country (2024-2029)
7 Asia-Pacific Industrial Controls by Region
7.1 Asia-Pacific Industrial Controls Historic Market Size by Region
7.1.1 Asia-Pacific Industrial Controls Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Industrial Controls Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Industrial Controls Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Industrial Controls Forecasted Market Size by Region
7.2.1 Asia-Pacific Industrial Controls Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Industrial Controls Sales in Value by Region (2024-2029)
8 Latin America Industrial Controls by Country
8.1 Latin America Industrial Controls Historic Market Size by Country
8.1.1 Latin America Industrial Controls Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Industrial Controls Sales in Volume by Country (2018-2023)
8.1.3 Latin America Industrial Controls Sales in Value by Country (2018-2023)
8.2 Latin America Industrial Controls Forecasted Market Size by Country
8.2.1 Latin America Industrial Controls Sales in Volume by Country (2024-2029)
8.2.2 Latin America Industrial Controls Sales in Value by Country (2024-2029)
9 Middle East and Africa Industrial Controls by Country
9.1 Middle East and Africa Industrial Controls Historic Market Size by Country
9.1.1 Middle East and Africa Industrial Controls Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Industrial Controls Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Industrial Controls Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Industrial Controls Forecasted Market Size by Country
9.2.1 Middle East and Africa Industrial Controls Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Industrial Controls Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB Ltd.
10.1.1 ABB Ltd. Company Information
10.1.2 ABB Ltd. Introduction and Business Overview
10.1.3 ABB Ltd. Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Ltd. Industrial Controls Products Offered
10.1.5 ABB Ltd. Recent Development
10.2 Mitsubishi Electric Factory Automation
10.2.1 Mitsubishi Electric Factory Automation Company Information
10.2.2 Mitsubishi Electric Factory Automation Introduction and Business Overview
10.2.3 Mitsubishi Electric Factory Automation Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Mitsubishi Electric Factory Automation Industrial Controls Products Offered
10.2.5 Mitsubishi Electric Factory Automation Recent Development
10.3 Siemens
10.3.1 Siemens Company Information
10.3.2 Siemens Introduction and Business Overview
10.3.3 Siemens Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Siemens Industrial Controls Products Offered
10.3.5 Siemens Recent Development
10.4 Honeywell International Incorporation
10.4.1 Honeywell International Incorporation Company Information
10.4.2 Honeywell International Incorporation Introduction and Business Overview
10.4.3 Honeywell International Incorporation Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Honeywell International Incorporation Industrial Controls Products Offered
10.4.5 Honeywell International Incorporation Recent Development
10.5 Emerson Electric Company
10.5.1 Emerson Electric Company Company Information
10.5.2 Emerson Electric Company Introduction and Business Overview
10.5.3 Emerson Electric Company Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Emerson Electric Company Industrial Controls Products Offered
10.5.5 Emerson Electric Company Recent Development
10.6 Schneider Electric SA
10.6.1 Schneider Electric SA Company Information
10.6.2 Schneider Electric SA Introduction and Business Overview
10.6.3 Schneider Electric SA Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Schneider Electric SA Industrial Controls Products Offered
10.6.5 Schneider Electric SA Recent Development
10.7 Omron Corporation
10.7.1 Omron Corporation Company Information
10.7.2 Omron Corporation Introduction and Business Overview
10.7.3 Omron Corporation Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Omron Corporation Industrial Controls Products Offered
10.7.5 Omron Corporation Recent Development
10.8 Rockwell Automation, Inc.
10.8.1 Rockwell Automation, Inc. Company Information
10.8.2 Rockwell Automation, Inc. Introduction and Business Overview
10.8.3 Rockwell Automation, Inc. Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Rockwell Automation, Inc. Industrial Controls Products Offered
10.8.5 Rockwell Automation, Inc. Recent Development
10.9 Kawasaki
10.9.1 Kawasaki Company Information
10.9.2 Kawasaki Introduction and Business Overview
10.9.3 Kawasaki Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Kawasaki Industrial Controls Products Offered
10.9.5 Kawasaki Recent Development
10.10 Yokogawa Electric Corporation
10.10.1 Yokogawa Electric Corporation Company Information
10.10.2 Yokogawa Electric Corporation Introduction and Business Overview
10.10.3 Yokogawa Electric Corporation Industrial Controls Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Yokogawa Electric Corporation Industrial Controls Products Offered
10.10.5 Yokogawa Electric Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Industrial Controls Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Industrial Controls Industrial Chain Analysis
11.4 Industrial Controls Market Dynamics
11.4.1 Industrial Controls Industry Trends
11.4.2 Industrial Controls Market Drivers
11.4.3 Industrial Controls Market Challenges
11.4.4 Industrial Controls Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Industrial Controls Distributors
12.3 Industrial Controls Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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