The Industrial Control And Factory Automation Market is mainly driven in virtue of rising focus towards industrial automation to reduce human errors & optimum usage of the resource available. Increasing use of advanced technologies across various industries for better productivity with growing government support to increase adoption of technologies is also fueling the market growth. Robust industrialization in developing economies is another factor triggering growth of this market. However, lack of awareness about the market is projected to curb its growth.
The key players in the industrial control and factory automation market include ABB Limited, Aspen Technology Inc., Autodesk Inc., Dassault Systemes SE, Emerson Electric Company, General Electric Co., Honeywell International Inc., Mitsubishi Electric Corporation, Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Texas Instruments Inc. and Yokogawa Electric Corporation among others.
The broad industrial control and factory automation market has been sub-grouped into product and end-user. current and forecast demand for industrial control and factory automation in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Product
- Field Devices
- Machine Vision
- Robotics
- Sensors
- Motors and Drives
- Relays and Switches
- Other Field Devices
- Industrial Control Systems
- SCADA
- DCS
- PLC
- MES
- PLM
- ERP
- HMI
- Other Control Systems
By End-User
- Automotive
- Chemical And Petrochemical
- Utility
- Pharmaceutical
- Food And Beverage
- Oil And Gas
- Other End-User Industries
Source: https://www.valuemarketresearch.com/report/industrial-control-and-factory-automation-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.