Industrial Control Market to Reflect Steadfast Expansion during 2019 – 2023


Posted May 4, 2019 by amarsasane

The demand for Industrial Control Market 2019 is anticipated to be high for the next few years. By considering this demand we provide latest Industrial Control Market Report which gives complete industry analysis,.

 
Global Industrial Control Market Overview:

The Global Industrial Control Market is growing continuously and expected to grow healthy CAGR by Forecast year 2023.

The most important key factors driving the growth of the Global Industrial Control Market are increasing use of enabling technologies in manufacturing, rising adoption of industrial robots in manufacturing sector, connected supply chain along with mass production to cater rising population, government initiatives towards, the adoption of industrial automation in various industries.

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The Global Industrial Control Market is segmented on the basis Type, Application and Region. Based on the Type, the Global Industrial Control Market is sub-segmented into Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA) and Manufacturing Execution System (MES). On the basis of Application, the Global Industrial Control Market is classified into Automotive, Utility, Electronics & Semiconductor, Mining and others.

In terms of the regional analysis, APAC comprises Japan, China, and India. APAC is the fastest growing region for Industrial Control Market due to the technological innovation and increasing adoption of the automation technologies in various industries. The major application industries for the Industrial Control Market in APAC are chemicals, oil & gas, water, semiconductor, electronics, food, and automotive. China is one of the major players from APAC region in the Industrial Control Market.

Latest Industry News:

1 Emerson Electric Company (April 24, 2019) – Downhole Reservoir Network First to Connect Wireless Sandface Data to Upper Completion for Optimized Production – Emerson, in partnership with Metrol, a leader in battery-powered wireless well monitoring, has launched the Intelligent Multistage Completion Network – an integrated upper and lower completions downhole solution that communicates wirelessly with instruments at the reservoir sandface, the physical interface between the formation and the wellbore. This is enabled by a new wireless interface that generates crucial zonal flow information and sandface monitoring in the lower completion.

2 OMRON Corporation (March 29, 2019) – OMRON to Introduce 181 Models in 6 Categories to World, Fifth Wave of Control Panel Equipment for Factory Automation Built on Common Design Platform – OMRON Corporation (HQ: Shimogyo-Ku, Kyoto. President and CEO: Yoshihito Yamada, hereafter called OMRON) will introduce to the world on April 1, 2019, the fifth wave of factory automation (FA) control devices built on a common design platform for unified product specifications, for further innovation in control panel building. The products will be the following 181 models in 6 categories: S8VK-WA series Switch Mode Power Supplies, E5DC-B Series Digital Temperature Controllers, G6D-F4PU Terminal Relay, G3DZ-F4PU Terminal SSR, XW6T series Common Terminal Blocks with Visible Indicators, A22NE-PD series Emergency Stop Switches.

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Top Leading Key Manufacturers are: ABB Ltd, Emerson Electric Company, Honeywell International Incorporation, Kawasaki Robotics, Mitsubishi Electric Factory Automation, Omron Corporation, Rockwell Automation, Schneider Electric SA, Siemens AG, Yokogawa Electric corporation and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Industrial Control in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Industrial Control Market.

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Last Updated May 4, 2019