Global Industrial Control and Factory Automation Market  Size and Overview

The growth in IT industry and smart mechanical technology has spurred the industrial control and factory automation market. Many of the mechanical devices are operated in integration with the IT systems for enhanced automation.

Growth in the manufacturing sector and increasing adoption of industrial robotics has widely driven the industrial control and factory automation market. However, high capital requirement affects the growth of the market to a considerable extent.

The industrial control and factory automation market is segmented based on solution, component, industry, and geography. Supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), manufacturing execution system (MES), product lifecycle management (PLM), functional safety, and plant asset management (PAM) are analyzed in the segmentation by solution. Further, the industrial control and factory automation market is segmented by component into industrial robots, machine vision, control valves, control devices, field instruments, human-machine interface (HMI), industrial PC, sensors, and industrial 3D printing. By industry, the market is categorized as automotive, chemicals, paper & pulp, pharmaceuticals, mining & metals, semiconductors & electronics, food & beverage, and others. Geographically, the industrial control and factory automation market is sub-divided into North America, Europe, Asia-Pacific, and Rest of the world.

The key market players operating in the industrial control and factory automation market include ABB Ltd., Emerson, Rockwell Collins, Siemens AG, General Electric, Yokogawa, Omron, Mitsubishi, Honeywell Inte
ational, and Schneider Electric among others.

INDUSTRIAL CONTROL AND FACTORY AUTOMATION MARKET SEGMENTS

Market By Solution

•    Supervisory control and data acquisition (SCADA)

•    Programmable logic controller (PLC)

•    Distributed control system (DCS)

•    Manufacturing execution system (MES)

•    Product lifecycle management (PLM)

•    Functional safety

•    Plant asset management (PAM)

Market By Component

•    Industrial robots

•    Machine vision

•    Control valves

•    Control devices

•    Field  instruments

•    Human-machine interface (HMI)

•    Industrial PC

•    Sensors

•    Industrial 3D printing

Market By Industry

•    Automotive

•    Chemicals

•    Paper & pulp

•    Pharmaceuticals

•    Mining & metals

•    Semiconductors & electronics

•    Food & beverage

•    Others

Market By Geography

•    North America

•    Europe

•    Asia Pacific

•    Rest of the world

KEY PLAYERS

•    ABB Ltd.

•    Emerson

•    Rockwell Collins

•    Siemens AG

•    General Electric

•    Yokogawa

•    Omron

•    Mitsubishi

•    Honeywell Inte
ational

•    Schneider Electric