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2014 Industrial Controls & Factory Automation Market worth $185.0 Billion by 2016 [359 Pages Report] Industrial Controls (SCADA, PLC, DCS) & Factory Automation (Field Devices, MES, ERP) Market research report classifies the global market of factory automation on the basis of different products, applications and geographical analysis; forecasting revenue and analyzing trends in the market.

MarketsandMarkets 2/24/2014


Industrial Controls & Factory Automation Market worth $185.0 Billion by 2016 According to a new market research report “Industrial Controls (SCADA, PLC, DCS) & Factory Automation (Field Devices, MES, ERP) Market : Global Forecast & Analysis (2011 – 2016)” , the factory automation market is expected to reach $185.0 billion by 2016 at a CAGR of 7.58% from 2011 to 2016.

Browse 68 tables and in-depth TOC on “Industrial Controls & Factory Automation Market”.

http://www.marketsandmarkets.com/Market-Reports/factory-industrial-automation-sme-smb-market541.html

Early buyers will receive 10% customization on this reports. The factory automation market is expected to grow from $120.0 billion in 2010 to $185.0 billion in 2016, at a CAGR of 7.58% from 2011 to 2016. The key companies with respect to factory automation include Siemens (Germany), ABB (Switzerland), Emerson Process Management (U.S.), Rockwell Automation (U.S.), Schneider Electric (France), Honeywell (U.S.), Omron (Japan), Yokogawa (Japan), and others. Asia-Pacific is expected to grow at the highest rate due to increase in production activities in APAC, cheap labor, huge population base, and lucrative government policies. China is the growth engine for automation in Asia in spite of lower levels of plant automation. India too is gaining factory automation market shares worldwide.


Source: MarketsandMarkets The various subsets of automation include robotics, control systems, IT systems, and manufacturing execution systems (MES), all chiefly responsible for reducing human interaction in the process, thus, lowering labor and production costs, and increasing throughput or production output. The other common industry terms for the capabilities, components, and aspects of automation include human machine interface (allowing for system operator and human supervision), distributed control systems (DSC), SCADA, conveyor belts, conveyance systems, and programmable logic controllers (PLC). Robotics, particularly robotic arms, are common features in factory automation due to their precision, reduction in human labor costs, advantages in handling, and reduction of human risks and exposure to production hazards.

About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


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Industrial controls market  

[359 Pages Report] Industrial Controls (SCADA, PLC, DCS) & Factory Automation (Field Devices, MES, ERP) Market research report classifies th...

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