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$120+ Bn Industrial Controls Market - Global Opportunity Analysis and Industry Forecast, 2020-2027 - ResearchAndMarkets.com

·3-min read

The "Industrial Controls Market by Type, Component, and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

The global industrial controls market size was valued at $121.48 billion in 2019, and is projected to reach $170.12 billion by 2027, registering a CAGR of 5.91%.

Industrial controls is a collective term used to define various kinds of control systems and associated instrumentation, which includes the devices, networks, systems, and controls used to operate and automate industrial processes. Industrial controls systems include various automation equipment, machines, and components. These systems are developed to monitor, control, and perform various industrial tasks and processes with high precision, improved product quality, and reliability.

The factors that impacts the industrial controls market are surge in demand for industrial control systems for IoT-based smart solutions & automation in industries, adoption of industrial controls in mass production in manufacturing sector and rise in R&D investments drive the industrial control market growth.

However, increase in cyber-attacks and unavailability of authentication procedures and Lack of skilled professionals and awareness regarding industrial security solutions restraint the industrial control market demand. Although, Deployment of smart grid for protection of critical infrastructure from cyber-attacks, and Cloud computing for industrial control system (ICS) creates lucrative opportunities for the industry controls market.

The key players profiled in this report are ABB Ltd., Emerson Electric Corporation, Honeywell International Incorporation, Kawasaki Robotics, Mitsubishi Electric Factory Automation, Omron Corporation, Rockwell Automation, Inc., Siemens, Schneider Electric SA, and Yokogawa Electric Corporation.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope

3.2. Key findings

3.3. Porter's five forces analysis

3.4. Market share analysis, 2019

3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Surge in demand for IoT-based smart solutions and automation in various industries

3.5.1.2. Increase in demand for mass production in manufacturing industries

3.5.1.3. Growth in adoption of industrial control system by industries and rise in R&D investments

3.5.2. Restraints

3.5.2.1. Increase in cyber-attacks and unavailability of authentication procedures

3.5.2.2. Lack of skilled professionals and awareness regarding industrial security solutions

3.5.3. Opportunities

3.5.3.1. Deployment of smart grid for protection of critical infrastructure from cyber-attacks

3.5.3.2. Cloud computing for industrial control system (ICS)

3.6. COVID-19 Impact analysis

CHAPTER 4: INDUSTRIAL CONTROLS MARKET, BY CONTROL SYSTEM

4.1. Market overview

4.1.1. Market size and forecast, by control system

4.2. Distributed control system (DCS)

4.3. Supervisory control & data acquisition system (SCADA)

4.4. Manufacturing execution system (MES)

CHAPTER 5: INDUSTRIAL CONTROLS MARKET, BY COMPONENT

5.1. Market overview

5.2. Modular terminal blocks

5.3. Relays & optocouplers

5.4. Surge protectors

5.5. Marking systems

5.6. Printing

5.7. Ferulles cable lugs

5.8. Handtools

5.9. Testers

5.10. Enclosure products

5.11. PCB connectors and terminals

5.12. Heavy duty connectors

5.13. Analog signal conditioner

5.14. Electronic housings

5.16. Industrial ethernet

5.17. Remote IO

CHAPTER 6: INDUSTRIAL CONTROLS MARKET, BY END USER

6.1. Market overview

6.2. Automotive

6.3. Utility

6.4. Electronics& semiconductors

6.5. Mining

CHAPTER 7: INDUSTRIAL CONTROLS MARKET, BY REGION

CHAPTER 8: COMPANY PROFILES

  • ABB

  • Emerson Electric Co.

  • Honeywell International Inc.

  • Kawasaki Robotics (Kawasaki Heavy Industries, Ltd.)

  • Mitsubishi Electric Corporation

  • Omron Corporation

  • Rockwell Automation, Inc.

  • Siemens Ag

  • Schneider Electric

  • Yokogawa Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/r/x8qd44

View source version on businesswire.com: https://www.businesswire.com/news/home/20210527005621/en/

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