Industrial Control and Factory Automation Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026

The report on the global industrial control and factory automation market provides a qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global industrial control and factory automation market to grow with a CAGR of 8.6% over the forecast period from 2020-2026. The study on industrial control and factory automation market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, RoW, North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.

The report on industrial control and factory automation market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global industrial control and factory automation market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global industrial control and factory automation market over the period of 2018 to 2026. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• The emergence of Industry 4.0 Along with the Growing Adoption of Industrial Robots in Many Manufacturing Sectors
• The focus of Automation Has Shifted to Enhancing Quality and Flexibility in the Manufacturing Process

2) Restraints

• High Capital Investment Associated with Factory Automation

3) Opportunities

• Rapid Advancement in Technology, Integration with AI System and Rapid Shifting of Many Industrial Processes, Factories from Mechanization to Automation

Research Methodology

A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and others.
5. Websites and publications by research agencies

Segment Covered
The global industrial control and factory automation market is segmented on the basis of component, solution, and industry vertical.

The Global Industrial Control and Factory Automation Market by Component

• Industrial Robots
• Machine Vision
• Control Valves
• Field Instruments
• Human-Machine Interface
• Sensors
• Industrial 3D Printing

The Global Industrial Control and Factory Automation Market by Solution

• PLC
• SCADA
• MES
• DCS
• PLM
• Functional Safety

The Global Industrial Control and Factory Automation Market by Industry Vertical

• Process Industries

o Oil & Gas
o Power
o Food & Beverages
o Chemicals
o Metals & Mining
o Pulp & Paper
o Pharmaceuticals
o Others

• Discrete Industries

o Automotive
o Machine Manufacturing
o Semiconductor & Electronics
o Aerospace & Defense
o Medical Devices
o Others

Company Profiles
The companies covered in the report include

• Siemens AG
• ABB Ltd.
• General Electric Company
• Yokogawa Electric Corporation
• Honeywell International Inc.
• Fuji Electric Co., Ltd.
• Danfoss
• Rockwell Automation, Inc.
• Schneider Electric
• Mitsubishi Corporation

What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the industrial control and factory automation market.
2. Complete coverage of all the segments in the industrial control and factory automation market to analyze the trends, developments in the global market and forecast of market size up to 2026.
3. Comprehensive analysis of the companies operating in the global industrial control and factory automation market. The company profile includes analysis of product portfolio, revenue, SWOT analysis, and the latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus on invest, consolidate, expand, and/or diversify.

This product will be delivered within 1-3 business days.