To examine and control physical equipment in the industrial environments, industrial control network is used; which is a system of interconnected equipment. Industrial control system controls and remote industrial automation equipment and decreases process lead time. For example, the increasing demand for remote control and supervision of equipment and processes is a factor for the growth of SCADA systems across different industry verticals. Furthermore, in the utilities sector, demand for process automation is driven by the investments in power transmission and distribution in Asia Pacific region. Other major factors that are driving the industrial controls market globally are, increasing need of software solution for industrial automation, rise in infrastructure investments in emerging markets and growth in demand for process automation among different industry verticals.
Among all the application segments, power sector segment holds the largest market share at present in the industrial controls market. Wide gaps in demand and supply of industrial control devices in developing countries such as China, India, and Japan is projected to boost the demand for DCA, SCADA, and PLC products in the power sector. In 2014, chemical industry was the second largest application sector in the industrial controls market globally. Rising demand for bulk production of chemical materials is boosting the application of industrial control systems in this industry.
North America represented the largest market share of the industrial controls market. Large investments in energy verticals such as oil and gas and swift advancement in process automation are chiefly driving the market growth in the region. Asia Pacific holds the second largest market share in the industrial controls market followed by Europe and RoW respectively.
Market Segmentation is done on the basis of geography as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America, and these have been estimated in terms of revenue (USD billion). Moreover, the report segments the market based on types as supervisory control and data acquisition (SCADA), distributed control system (DCS), and programmable logic controller (PLC). The study also divides the market based on applications such as oil & gas, water & wastewater, manufacturing, automotive, pharmaceuticals, power sector, chemicals, food & beverages, and others. The study also includes competitive landscape and market attractiveness analysis, wherein applications are benchmarked based on their market scope, growth rate, and market attractiveness.
The report provides company market share analysis of various industry participants. The key players have also been profiled on the basis of company details, product type, financial overview, historical roadmap, business strategies and the recent developments in the field of industrial controls market. Major market participants in the industrial controls market include Siemens AG (Germany), Omron Corp (Japan), Emerson Electric Co (U.S.), Rockwell Automation, Inc. (U.S.), Honeywell International, Inc (U.S.), Alstom SA (France), General Electric Co (U.S.), Omron Corp (Japan), ABB Ltd (Switzerland), Schneider Electric SE (France) and Yokogawa Electric Corporation (Japan) among others.
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1.1 Research methodology
1.2 Market Definition
1.3 Report Description
2. Key Findings
3. Market Overview & Dynamics
3.2.1 Increasing need of software in industrial automation
3.2.2 Rise in infrastructure investments in emerging markets
3.2.3 Growth in demand for process automation among different industry verticals
3.2.4 Rise in safety and security concerns
3.2.5 The Need for Optimal Use of Resources, Waste Reduction
3.2.6 Need for Process and Energy Efficiency
3.3.1 Stagnant Growth in Established Markets
3.3.2 Lack of Skilled Workforce
3.3.3 Huge Capital Expenditure to Shift from Traditional to Smart Manufacturing
3.3.4 Risk of cyber threats
4. Porter's Five Forces Analysis
4.1 Bargaining power of Suppliers
4.2 Bargaining power of Buyers
4.3 Degree of Competition
4.4 Threat of Substitution
4.5 Threat of new entrants
5. Market Segmentation
5.1 By Technology
5.1.1 Supervisory Control and Data Acquisition (SCADA)
5.1.2 Distributed Control System (DCS)
5.1.3 Product Lifecycle Management (PLM)
5.1.5 Programmable Logic Controller (PLC) and Remote Terminal Unit (RTU)
5.1.6 Manufacturing Execution System (MES)
5.1.7 Human-Machine Interface
5.2 By Component
5.2.1 Industrial Networks
188.8.131.52 Wired Network (Industrial Ethernet)
184.108.40.206 Wireless Network
220.127.116.11.2 Cellular Technologies
5.2.2 Industrial Robots
18.104.22.168 Robots with a Revolute Configuration or Jointed-Arm
22.214.171.124 Cylindrical Robots
126.96.36.199 Selective Compliance Assembly Robot Arms
188.8.131.52 Cartesian Robots
184.108.40.206 Other Robots
5.2.3 Machine Vision
220.127.116.11.1 Digital Camera
18.104.22.168.2 Smart Camera
22.214.171.124 Frame Grabber, Optics, and Led Lighting
126.96.36.199 Processors and Software
5.2.4 Control Valves
188.8.131.52 Control Valves
184.108.40.206 Gate Valve
220.127.116.11 Diaphragm Valve
18.104.22.168 Plug Valve
22.214.171.124 Butterfly Valve
126.96.36.199 Globe Valve
5.2.5 Control Devices
188.8.131.52 Servo Motors
184.108.40.206 Relays and Switches
5.2.6 Field Instruments
5.3 By Application
5.3.1 Electrical power
5.3.2 Oil & gas industry
5.3.3 Manufacturing industry
5.3.6 Water and Waste Water Management
5.3.7 Food and beverages industry
5.4 By Communication Protocol
5.4.1 Wired Protocols
220.127.116.11 Standard Analog
18.104.22.168 Foundation Field Bus
22.214.171.124 4-20 Ma+Hart
126.96.36.199 Isa100 Process Communication Standards
6. Market Segmentation, By Region
6.1 North America
6.3.5 South Korea
6.4 Middle East and Africa
6.4.2 Saudi Arabia
6.5 Latin America
7. Company Profiles
7.1 ABB Ltd
7.2 Schneider Electric
7.3 Honeywell International Inc.
7.4 Siemens AG
7.5 Rockwell Automation
7.6 Omron Co.
7.7 Emerson Electric Co.
7.8 General Electric Co.
7.9 Yokogawa Electric Co.
7.11 Mitsubishi Electric Corporation
7.12 Johnson Controls, Inc.
7.13 Danaher Corporation
8. Investment Analysis
9. Future of Industrial Control for Process Automation Market