Industrial Control Systems Market to Grow on Account of Mounting Process Automation and Remote Supervision
Controlling industrial operations calls for the deployment of a sophisticated network of systems and equipment. The need for such control and monitoring solutions has given rise to a full-fledged global industrial control systems market over the years. In 2014, industrial control systems comprised a US$58 billion market, and analysts expect this market to expand to US$81 billion by the end of 2021. When translated to CAGR, this growth stands at 4.9% for the seven-year period from 2015 to 2021.
View full press release