Global Industrial Automation & Control Systems Market Research Report to 2027 – by Control System, Component, Vertical and Region – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Industrial Automation & Control Systems Market Research Report by Control System, by Component, by Vertical, by Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Industrial Automation & Control Systems Market size was estimated at USD 146.79 billion in 2020, is expected to reach USD 160.76 billion in 2021, and is projected to grow at a CAGR of 9.88% to reach USD 283.98 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Industrial Automation & Control Systems Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Industrial Automation & Control Systems Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Industrial Automation & Control Systems Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Industrial Automation & Control Systems Market?

4. What is the competitive strategic window for opportunities in the Global Industrial Automation & Control Systems Market?

5. What are the technology trends and regulatory frameworks in the Global Industrial Automation & Control Systems Market?

6. What is the market share of the leading vendors in the Global Industrial Automation & Control Systems Market?

7. What modes and strategic moves are considered suitable for entering the Global Industrial Automation & Control Systems Market?

Market Dynamics

Drivers

  • Demand for mass production in manufacturing industry
  • Growing demand for food & beverage industry
  • Increasing adoption of smart machinery and equipment

Restraints

  • High execution cost for the setup

Opportunities

  • Rapidly increasing adoption of automation in factories
  • Advancements in industrial safety technology
  • Digitization and Industry 4.0 revolution

Challenges

  • Absence of talented experts

Companies Mentioned

  • ABB
  • Bosch Rexroth AG
  • Dassault Systemes SE
  • Emerson Electric Co.
  • Endress+Hauser AG
  • General Electric
  • Honeywell International, Inc.
  • Mitsubishi Electric Corporation
  • Omron Corp.
  • Parker Hannifin Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corp

For more information about this report visit https://www.researchandmarkets.com/r/oskrx2

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T. Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

#FOLLOW US ON INSTAGRAM