The factory automation and industrial control market was valued at USD 20.219 billion in 2020 and is expected to reach USD 337.02 billion by 2026, growing at a CAGR of 9% during the forecast period (2021-2027). Digitization and the Industry 4.0 revolution have significantly stimulated the growth of automation across different industries by requiring the use of smarter and more automated solutions such as robotics and control systems to improve production processes.
A full report of Industrial Control and Factory Automation Market available at https://www.orionmarketreports.com/industrial-control-and-factory-automation-market/51982/
Industrial Control and Factory Automation Market- Segmentation
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
Key Players
• ABB Ltd.
• Emerson Electric Company
• GE Company
• Honeywell International Incorporation
• Mitsubishi Electric Factory Automation
• Omron Corporation
• Rockwell Automation, Inc.
• Schneider Electric SA
• Siemens AG
• Yokogawa Electric Corporation
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
