Fast Market Research announces the availability of the new TechNavio report, "Global Industrial Controls and Factory Automation Market 2015-2019", on their comprehensive research portal

Boston, MA -- (SBWire) -- 12/18/2015 --The increasing adoption of automation by factories in the US, China, and Germany has propelled the growth of the global industrial controls and factory automation market, which has resulted in a projected CAGR of more than 7% for the market. This automation market is implemented by all process and discrete industries.

In terms of geographical revenue contribution, the APAC region occupied the biggest market share with a share of close to 36% in 2014

Key industries like the oil and gas in the Middle East, chemical in Europe and China, automotive in China and US, water treatment in Europe have all shifted towards streamlining of their processes through real-time data gathering and control. This requirement has created demand for industrial control solutions such as DCS, SCADA, PLC, protective relays, electric drives, sensors, and MES.

Product segmentation of the industrial controls and factory automation market

-SCADA
-MES
-DCS
-PLC
-Electric Drives
-Protective Relays
-Sensors

Get More Details on this Report and a Full Table of Contents at Global Industrial Controls and Factory Automation Market 2015-2019

One of the major drivers propelling the growth of the SCADA segment is the increased need for central monitoring and control to improve plant efficiency. Technavio predicts the global SCADA market to surpass USD 19 billion by 2019, and the EMEA region will be the largest revenue generator for the SCADA systems during the forecast period.

Segmentation of the industrial controls and factory automation market by end-user

-Process industries
-Discrete industries

Process industries consist of four different types of industries, namely oil and gas, chemical, power, and water and wastewater. According to Technavios market research, the global industrial controls and factory automation market in the process industries is expected to reach USD 109.44 billion by 2019.

Competitive landscape and key vendors

Top vendors in this market are -

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

ABB is among the top vendors in the global industrial controls and factory automation market providing automation and power technologies to diverse industries, including utilities, transport, infrastructure, and other industries. Its products are sold in over 100 countries worldwide.

Key questions answered in the report include

-What will the market size and the growth rate be in 2019
-What are the key factors driving the global industrial controls and factory automation market
-What are the key market trends impacting the growth of the global industrial controls and factory automation market
-What are the challenges to market growth
-Who are the key vendors in the global industrial controls and factory automation market
-What are the market opportunities and threats faced by the vendors in the global industrial controls and factory automation market
-What are the trending factors influencing the market shares of the Americas, EMEA, and APAC
-What are the key outcomes of the five forces analysis of the global industrial controls and factory automation market

Technavio also offers customization on reports based on specific client requirement.

Related reports

-Global Industrial Wireless Market in Factory Automation 2015-2019
-Global Automation Motor Control Center Market 2015-2019
-Global Industrial Automation Control Market 2014-2018
-Industrial Automation Control Market in the Americas 2014-2018

Companies Mentioned in this Report: ABB, Emerson Electric, GE, Honeywell International, Rockwell Automation, Schneider Electric, Siemens

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