China Industrial Control System (ICS) Market Expanding To Reach USD 9.6 Billion by 2025

Posted July 16, 2018 by Steveblade

According to Goldstein Research, China Industrial Control System market is expected to reach USD 9.6 billion by 2025

According to Goldstein Research, China Industrial Control System market is expected to reach USD 9.6 billion by 2025, growing at a CAGR of 9.8% over the forecast period 2017-2025. The factors such as the implementation of smart solutions & rising investments in the multiple industries and technological advancement in the ICS are driving the growth of the industrial control system market in China. China ICS market segmentation has been carried out on the basis of the control system, applications, end users, and geography. Industrial security in China is one of the top priority which is thus the largest application segment of the ICS market of China, growing at a CAGR of 9.6% during the forecast period.

China ICS market is majorly driven by the tier-1 cities with a market share of 56.7% in 2017. Moreover, the China government plan to establish megacities and migrate the larger population to these cities is also giving immense opportunities for the ICS market to flourish in China.

Market Segmentation

On the basis of our in-depth analysis, China ICS Market can be segmented as follows:

By Types of Control System
o Programmable Logic Controllers (PLCs)
o Distributed Control Systems (DCS)
o Supervisory control and Data Acquisition (SCADA)

By Applications

o Industrial Security
o Process Controlling
o Others (Supervision, etc.)

By End-Users

o Energy and Mining Sector
o Transportation and Logistics Sector
o Manufacturing Industry
o Electric and Electronic Industry
o Aviation Industry
o Others

By Region

o Tier-1 Cities {Market Share (%), Market Size (USD Billion)}
o Tier-2 Cities {Market Share (%), Market Size (USD Billion)}
o Tier-3 Cities {Market Share (%), Market Size (USD Billion)}

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“China ICS Market Outlook 2025” contains a detailed overview of the China ICS market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by types of the control system, applications, and end users.

Further, for the in-depth analysis, China ICS Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as ABB, Honeywell, Siemens, General Electric, Cisco, Symantec, Fortinet, Kaspersky, IBM, Booz Allen Hamilton, Citrix Systems, Brocade Communication Systems, Computer Science, EMC, F-Secure, L-3, Trend Micro, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the China ICS market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on industrial automation research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]

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Last Updated July 16, 2018