Industrial Control Systems Market 2017: Analysis, Top Key Players, Drivers and Trends by Forecast to 2022
Market Scenario Industrial control systems are primarily in the power generation, transmission and distribution industry to collect and analyze data. With the increasing incidence of automation across several industries the need to adopt ICS is increasing. Increasing complexities in the manufacturing and other such processes beckons the need of constant monitoring. ICS enable the user to control and monitor industry processes. With the increasing technological development and advancement in M2M communications the Industrial Control Systems market is expected to register a high growth rate in the forecast period. The progress of industries in various sectors such as manufacturing, process control and infrastructure are being targeted by the hackers. Threats targeting this systems are on the rise. Industrial control security systems protect the factories, refineries and infrastructure by embedding security directly into the industrial equipment and monitor industrial networks for such threats. ICS security systems have both solutions for operators looking to secure their plants and infrastructure as well as for equipment vendors to increase the security of the products. These factors have boost the ICS security growth in the market which has led to increase in demand for implementation of this security system. Thus the ICS Market is expected to register a CAGR of about 5%. Regional Analysis North America is the dominating region in the ICS market mainly due to the rapid increase in the adoption of ICS across various industries. Increased application in the Oil & Gas and Pharmaceuticals sector are the other factors which are driving the market in the North American region. Rapid increase in the manufacturing sector in the Asia-Pacific region is one of the main factors that has resulted in the Asia-Pacific region being one of the fastest growing regions. Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1706 Key Players ABB Ltd. (Switzerland), Emerson Electric Company (U.S.), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan) General Electric Company (U.S.), Schneider Electric SE (France),