Boston, MA -- (SBWIRE) -- 05/17/2016 -- Plant automation encompasses various technologies starting from acquisition of raw materials to distribution of final products, and represents a revolution in the manufacturing industry. An automation control solution enables organizations in the process and discrete industries to increase the overall efficiency and functioning. It enables collection of data from field devices, which gives a competitive edge to end-users; allows uninterrupted system operations; provides accurate and real-time information to companies; improves efficiency metrics; and reduces total expenditure.

Technavio's analysts forecast the global plant automation solutions market to grow at a CAGR of 6.47% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global plant automation solutions market for 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Plant Automation Solutions Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Plant Automation Solutions Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-ABB Electric
-Emerson Electric
-Honeywell International
-Rockwell Automation
-Schneider Electric
-Siemens

Other prominent vendors

-Control Systems International
-Dassault Systemes
-General Electric
-Hitachi Group
-Idec
-Keyence
-Koyo Electronics
-Metso
-Mitsubishi Electric
-Mitsubishi Heavy Industries
-Omron
-Panasonic
-Toshiba International
-Yokogawa Electric

Market driver

-Sharper industrial regulations
-For a full, detailed list, view our report

Market challenge

-Apprehensions among end-users about automation solutions
-For a full, detailed list, view our report

Market trend

-Growing focus on industrial Internet of Things (IoT)
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ABB Electric, Emerson Electric, Honeywell International, Rockwell Automation, Schneider Electric, Siemens, Control Systems International, Dassault Systemes, General Elecric, Hitachi Group, Idec, Keyence, Koyo Electronics, Metso, Mitsubishi Electric, Mitsubishi Heavy Industries, Omron, Panasonic, Toshiba International, Yokogawa Electric

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