Industrial Automation Control Market — Growth, Trends, and Forecast 2016–2020


Posted June 29, 2016 by rahul301

According to the report, the governments in countries such as the US, China, and Europe have imposed GMP on manufacturing industries such as automotive, food and beverages, consumer packaged goods, chemicals, and pharmaceuticals.

 
According to the report, the governments in countries such as the US, China, and Europe have imposed GMP on manufacturing industries such as automotive, food and beverages, consumer packaged goods, chemicals, and pharmaceuticals. GMP helps regulatory authorities to ensure public safety and to meet international quality standards. The governments of various countries have also imposed stringent regulation to curb carbon dioxide emission, lower power consumption, and wastage. And to meet such stringent regulations the industries across the world are using automation technologies.

Further, the report states that companies need to upgrade their automation solutions to achieve the maximum benefit. Such upgrades can be inconvenient because of high switching costs of vendor or interoperability issues.

Browse Report Summary with TOC @ https://marketreportscenter.com/reports/300770/global-industrial-automation-control-market-2016-2020

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors in the report russia automation industrial automation control market

About the Industrial Automation Control Market

Industrial automation control solutions help organizations to optimize business operations through efficient control of various processes with minimal (or reduced) human intervention. The data collected from field devices and systems gives businesses a competitive edge. 
Automation solutions such as DCS, PLC, drives, and sensors improve organizational efficiency by facilitating uninterrupted machine operation, reduce total cost of ownership, and provide real-time information. 
Most companies are opting for automation control solutions to comply with government regulations for curbing greenhouse gas emission and goods manufacturing practices (GMP), among others. Automation solutions not only help companies to reduce costs and bring uniformity, but also provide alerts in case of leaks and detect impurities.

Technavios analysts forecast the global industrial automation control market to grow at a CAGR of 7.59% during the period 2016–2020.

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Covered in this report 
The report covers the present scenario and the growth prospects of the global industrial automation control market for 2016–2020. To calculate the market size, the report considers the revenue generated through the sales of the following automation control systems:
 DCS 
 PLC
 Drives
 Sensors

Key vendors 
 ABB
 Emerson
 Honeywell
 Siemens

Other prominent vendors 
 Bosch Rexroth
 Control Systems International
 General Electric
 Hitachi
 IDEC
 Keyence
 Koyo Electronics
 Metso
 Mitsubishi Heavy Industries
 Omron
 Panasonic
 Rockwell Automation
 Schneider Electric
 Toshiba
 Yokogawa Electric
 
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Key questions answered in this report 
 What will the market size be in 2020 and what will the growth rate be?
 What are the key market trends?
 What is driving this market?
 What are the challenges to market growth?
 Who are the key vendors in this market space?
 What are the market opportunities and threats faced by the key vendors?
 What are the strengths and weaknesses of the key vendors?

Continuie……..

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Last Updated June 29, 2016