Acumen research and consulting, estimates that the global industrial control market is anticipated to reach market size of around US$ 175 Bn by 2027 and is anticipated to grow at a CAGR of around 5% in terms of revenue during the forecast period 2020 – 2027. Industrial control systems include numerous processing machines, computers, and components. These systems are designed to track, monitor, and conduct different manufacturing operations & automate processes with exceptional precision, improved product quality, and reliability.
Market Insights
The major factor driving the growth of industrial control market and is expected to grow during forecast period due to rising demand for digitization, advance technologies and connectivity. The industrial control market has tremendous capacity to grow due to digitization, improved customer interactions and user interface. Extensive developments by companies in the R&D of industrial control systems and increasing smart grid deployments for the defense of critical infrastructure from cyber-attacks are providing substantial growth opportunities for the growth of industrial control market. In addition, growing demand for cloud infrastructure is providing broad potential for the sector. Organizations are constantly innovating approaches to better modify the management and monitoring strategies for the applications and is providing real-time insight to assess inappropriate behavior and take appropriate action. As the frequency of cyber-attacks on essential systems is growing day by day, the industry is expected to boost momentum in the coming years. Owing to the unavailability of authentication methods in many sectors, protecting the industrial control system networks from both internal and external attacks is a major concern. During operational malfunctioning, it is difficult to determine whether it is being affected by human-error, security-breach or system failures. Factors such as lack of qualified professionals, and awareness about industrial security solutions can hinder the market growth. In addition, high deployment costs for industry control system in companies are expected to hinder the growth of the industrial control market.
Report coverage
The market research study on “Industrial Control Market (By Fabric Type: Polyester, Vinyl, Leather, Nylon, Others; By Vehicle Type: Passenger Vehicle, Commercial Vehicle; By Application: Carpets, Upholstery, Pre- assembled interior components, Tires, Safety Belts, Airbags, Others) - Global Industry, Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global industrial control market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global industrial control market are drug class, type, distribution channel and major geographic regions. The industrial control market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
Asia Pacific accounts to hold large market share for industry controls market due to increase in urbanization and industrialization. Other factors such as rising awareness regarding energy conservation and need for providing uninterrupted electricity supply to people in North America and Europe is expected to boost the growth of industrial control market during forecast period. Moreover, North America held second largest market shares of global industrial control market in 2019 due to high number of industrial automation system providers. For instance, in January 2019, National Instruments (NI) launched an Industrial Internet of Things (IIoT) lab in Austin, Texas, where companies where focused to work together and innovate the advance solution. Europe contributes the significant growth in industrial controls market due to increasing adoption of control systems in the oil & gas industry. A need for economic development of water & Wastewater, oil & gas, and power infrastructure is rapidly growing in Europe, in which industrial controls are being used to analyze the drilling ground and for retaining the drill speed are the factors that drives the growth of Europe industrial control market. However, that factor that may impede the growth of industrial control market in Europe is due to increasing cyber-attack threats in critical infrastructure.
Key Players
Major players included in this report are Emerson Electric Corporation, ABB Ltd., Kawasaki Robotics, Honeywell International Incorporation, Mitsubishi Electric Factory Automation, Rockwell Automation, Inc., Omron Corporation, Siemens, Schneider Electric SA, Yokogawa Electric Corporation, and others.
The global industrial control market is segmented as below:
Market Segmentation
Industrial Control Market By Control System
Distributed Control System (DCS)
Supervisory Control & Data Acquisition System (SCADA)
Manufacturing Execution System (MES)
Other
Industrial Control Market By Component
Modular Terminal Blocks
Relays and Optocouplers
Surge Protectors
Marking Systems
Printing
Ferulles Cable Lugs
Handtools
Testers
Enclosure Products
PCB Connectors and Terminals
Heavy Duty Connectors
Analog Signal Conditioner
Electronics Housings
Power Supplies
Industrial Ethernet
Remote IO
Industrial Control Market By End-User
Automotive
Utility
Electronics & Semiconductor
Mining
Others
Industrial Control Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Industrial Control
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Industrial Control Market By Control System
1.2.2.1. Global Industrial Control Market Revenue and Growth Rate Comparison By Control System(2020-2027)
1.2.2.2. Global Industrial Control Market Revenue Share By Control System in 2019
1.2.2.3. Distributed Control System (DCS)
1.2.2.4. Supervisory Control & Data Acquisition System (SCADA)
1.2.2.5. Manufacturing Execution System (MES)
1.2.2.6. Other
1.2.3. Industrial Control Market By Component
1.2.3.1. Global Industrial Control Market Revenue and Growth Rate Comparison By Component (2020-2027)
1.2.3.2. Global Industrial Control Market Revenue Share By Component in 2019
1.2.3.2.1. Modular Terminal Blocks
1.2.3.2.2. Relays and Optocouplers
1.2.3.2.3. Surge Protectors
1.2.3.2.4. Marking Systems
1.2.3.2.5. Printing
1.2.3.2.6. Ferulles Cable Lugs
1.2.3.2.7. Handtools
1.2.3.2.8. Testers
1.2.3.2.9. Enclosure Products
1.2.3.2.10. PCB Connectors and Terminals
1.2.3.2.11. Heavy Duty Connectors
1.2.3.2.12. Analog Signal Conditioner
1.2.3.2.13. Electronics Housings
1.2.3.2.14. Power Supplies
1.2.3.2.15. Industrial Ethernet
1.2.3.2.16. Remote IO
1.2.4. Industrial Control Market By End-User
1.2.4.1. Global Industrial Control Market Revenue and Growth Rate Comparison By End-User(2020-2027)
1.2.4.2. Global Industrial Control Market Revenue Share By End-User in 2019
1.2.4.2.1. Automotive
1.2.4.2.2. Utility
1.2.4.2.3. Electronics & Semiconductor
1.2.4.2.4. Mining
1.2.4.2.5. Others
1.2.5. Industrial Control Market By Geography
1.2.5.1. Global Industrial Control Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Industrial Control Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Industrial Control Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Industrial Control Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Industrial Control Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Industrial Control Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING INDUSTRIAL CONTROL ANALYSIS
3.1. Capacity and Commercial Production Date of Global Industrial Control Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Industrial Control Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Industrial Control Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Industrial Control Major Manufacturers in 2019
CHAPTER 4. INDUSTRIAL CONTROL MARKET BY CONTROL SYSTEM
4.1. Global Industrial Control Revenue By Control System
4.2. Distributed Control System (DCS)
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Supervisory Control & Data Acquisition System (SCADA)
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Manufacturing Execution System (MES)
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Other
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. INDUSTRIAL CONTROL MARKET BY COMPONENT
5.1. Global Industrial Control Revenue By Component
5.2. Modular Terminal Blocks
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Relays and Optocouplers
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Surge Protectors
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Marking Systems
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Printing
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. Ferulles Cable Lugs
5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.8. Handtools
5.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.9. Testers
5.9.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.9.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.10. Enclosure Products
5.10.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.10.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.11. PCB Connectors and Terminals
5.11.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.11.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.12. Heavy Duty Connectors
5.12.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.12.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.13. Analog Signal Conditioner
5.13.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.13.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.14. Electronics Housings
5.14.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.14.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.15. Power Supplies
5.15.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.15.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.16. Industrial Ethernet
5.16.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.16.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.17. Remote IO
5.17.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.17.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. INDUSTRIAL CONTROL MARKET BY END-USER
6.1. Global Industrial Control Revenue By End-User
6.2. Automotive
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Utility
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Electronics & Semiconductor
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.5. Mining
6.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.6. Others
6.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA INDUSTRIAL CONTROL MARKET BY COUNTRY
7.1. North America Industrial Control Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Industrial Control Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Industrial Control Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Industrial Control Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Industrial Control Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC INDUSTRIAL CONTROL MARKET BY COUNTRY
9.1. Asia-Pacific Industrial Control Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Industrial Control Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA INDUSTRIAL CONTROL MARKET BY COUNTRY
10.1. Latin America Industrial Control Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Industrial Control Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA INDUSTRIAL CONTROL MARKET BY COUNTRY
11.1. Middle East & Africa Industrial Control Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Industrial Control Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Control System, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By End-User, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Emerson Electric Corporation
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. ABB Ltd
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Kawasaki Robotics
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Honeywell International Incorporation
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Mitsubishi Electric Factory Automation
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Rockwell Automation, Inc
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Omron Corporation
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Siemens
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Schneider Electric SA
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Yokogawa Electric Corporation
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope