The Factory Automation and Industrial Controls Market was valued at USD 202.19 billion in 2020 and expected to reach USD 337.02 billion by 2026 and grow at a CAGR of 9% over the forecast period (2021 – 2026). Digitization and Industry 4.0 revolution have significantly stimulated the growth of automation among various industries, by necessitating the use of smarter and automated solutions, such as robotics and control systems, to improve production processes.
A full report of Factory Automation and Industrial Controls Market is available at: https://www.orionmarketreports.com/factory-automation-and-industrial-controls-market/45338/
Factory Automation and Industrial Controls Market Key Segments:
By Control Systems
• Distributed Control System (DCS)
• Supervisory Control and Data Acquisition System (SCADA)
• Manufacturing Execution System (MES)
• Safety Instrumented System (SIS)
• Programmable Logic Controller (PLC)
• Human Machine Interface (HMI)
By Components
• Sensors
• Controllers
• Switches & Relays
• Industrial Robots
• Drives
• Others
By End User
• Automotive Manufacturing
• Food & Beverage
• Oil & Gas Processing
• Mining
• Others
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)