Industrial Control System Market Size, Share, Impressive Industry Growth, Analysis Report 2028
The global
industrial control system market is anticipated to exhibit a considerable
growth rate during the forecast period. The huge adoption of Industry 4.0 in
industries, high demand for industrial mobility solutions to efficiently manage
functions of industries and increasing adoption of software platforms including
edge computing and IoT are the key factors promoting the adoption of industrial
control systems. The high demand of systems such as Supervisory Control and
Data Acquisition System (SCADA), Distributed Control System (DCS), Programmable
Logic Controller (PLC), Machine Execution System (MES), Product Lifecycle
Management (PLM) and so on is driving the global industrial control system
market. SCADA systems are extensively utilized in supervisory control and data
acquisition of industrial processes. SCADA is used extensively in the
electricity sector. Other SCADA applications include gas and oil pipelines,
water utilities, transportation networks, and applications requiring remote
monitoring and control.
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Similar to
real-time process controls found in buildings and factory automation. SCADA
systems have made substantial growth over the last decade in terms of
performance, functionality, openness, and scalability and have emerged as an
alternative to in house development for extremely complex control systems. The
prevalence of SCADA systems has grown substantially to a point that presents a
great deal of national infrastructure depends on it. The capabilities of the
SCADA system have advanced from simply replacing lights to managing extremely
complex critical safety shutdown systems and process control.
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The highly
competitive global industrial control system market, with the continuous
emergence of new vendors with new products and solutions, is witnessing
increased competition among the vendors of industrial control systems. To
sustain a strong position in such a competitive market, industrial control
system manufacturers are constantly introducing new technologies and adding new
functionalities to the existing control systems. Furthermore, the global
economic recession has resulted in an increase in the end-users’ demand for
low-price solutions with the same high functionality. In such an environment,
competitive pricing strategies are of paramount importance, as they better
position these vendors to meet the market needs.
Current Market Trends Covered in the Report:
·
High Demand for
Industrial Mobility Solutions to Efficiently Manage Process Industries
·
Developments in
Wireless Sensor Network and Its Adoption in SCADA
·
Increased Adoption
of Industry 4.0 in Process Industries
Global Industrial Control System Market
Segmentation
By System
·
Supervisory Control
and Data Acquisition System (SCADA)
·
Distributed Control
System (DCS)
·
Programmable Logic
Controller (PLC)
·
Machine Execution
System (MES)
·
Product Lifecycle
Management (PLM)
·
Enterprise Resource
Planning (ERP)
·
Human Machine
Interface (HMI)
·
Others
By Vertical
·
Automotive
·
Energy and Utility
·
Medical & Life
Science
·
Food and Beverage
·
Others
Industrial Control System Market– Segment by
Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
ABB, Ltd.
·
Advantech Co., Ltd.
·
Bachmann electronic
GmbH
·
Emerson Electric
Co.
·
Fortinet, Inc.
·
General Electric
Co.
·
GLC Controls Inc.
·
Honeywell
International Inc.
·
ICONICS, Inc.
·
Lockheed Martin
·
Microsoft Corp.
·
Mitsubishi Electric
Corp.
·
Omron Corp.
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