Press Release / Technology / Industrial Control Systems (ICS) Market 2019 Top Key Players, Trends, Competitive And Regional Forecast To 2023

Industrial Control Systems (ICS) Market 2019 Top Key Players, Trends, Competitive And Regional Forecast To 2023

The report on the global Industrial Control Systems market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Market Highlights:

Industrial control systems is the term includes few types of control systems such as Distributed Control Systems (DCS), Supervisory Control and Data Acquisition (SCADA) systems, and Programmable Logic Controllers (PLC) which is used for industrial process control. Industrial Control System is a type of system which allows the industries to control various activities such as production, data acquisition, supervisory among others. Industrial control systems deals with different utilities such as robot, various power plants, HVAC establishments, and cell entryways of a jail. These control systems are majorly used for remote supervision, critical infrastructure automation, and process automation.

A Distributed Control Systems is specially designed automated control system which consists of geographically distributed control elements over the control or plant area. In DCS, control function and data acquisition are carried through DCS controllers which are based on microprocessor units and is distributed functionally and geographically over the plant. Supervisory Control and Data Acquisition (SCADA) is a system of hardware and software which allows the organizations to monitor, gather, and process real time data. SCADA systems is also used for recording events into log file and control industrial processes locally or at remote locations. PLC is a digital computer used for the automation for various electrical and mechanical industrial processes. These processors are designed to operate in critical situations and provides protection from heat, cold, and humidity

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Major Key players

ABB Ltd (Switzerland),
Schneider Electric (France),
Honeywell International Inc (US),
Siemens AG (Germany),
Rockwell Automation (US),
Omron Co (Japan),
Emerson Electric Co (US).,
General Electric Co (US),
Yokogawa Electric Co (Japan),
Alstom (France)
Competitive Analysis

Highly competitive Industrial Control Systems Market appears to be fragmented owing to the presence of several players accounting for a substantial market share. Well-established players incorporate collaboration, acquisition, partnership, product & technology launch, and expansion to gain a competitive advantage and thus to maintain their positions in the market. These key players compete based on innovation, pricing, and service. Expansion in emerging market is helping those established key players to extend their sales networks.

Regional Analysis

The North American region accounts for the largest share in the global industrial controls systems market owing to the substantial technological advancements and their uptake. Moreover, factors such as increasing industrialization and the growing demand for safety features in industries drive the growth of the regional market. Furthermore, some of the Well-established industries such as power, O&G, waste-water treatment, defence, and automobile create opportunities for the market to grow significantly during the forecast period.

The Asia Pacific region is another lucrative market for industrial controls systems market. Factors such as the increase in the production of automobiles in emerging nations such as India, China, and Japan along with the presence of a number of vendors drive the market growth.

Advancements expected to happen in the industrial safety technology will result in the growth of the industrial controls systems market in the region. Furthermore, the growth in the market is driven by factors such as the increasing population, urbanization, and industrialization led by the improving economic conditions are fostering the market growth, creating the demand for energy, water and waste-water treatment systems.

The European region holds the third position in the global ICS market in terms of growth rate and the market size. The market growth in this region is driven by the growing manufacturing sector and the adoption of new technologies such as IoT and application of industry 4.0 concept in the manufacturing. Besides increase in the demand for modernization, smart grid, and cloud computing are some of the factors that are estimated to fuel the growth in the European market.

Segmentation

On the basis of type, the market is segmented into Programmable Logic Controllers (PLCs), Distributed Control Systems (DCS), and Supervisory control and Data Acquisition (SCADA).

On the basis of security solution, the market is segmented into Firewalls, DDOS, Encryption, and DBMS.

On the basis of Application, the market is segmented into manufacturing, oil and gas, power generation, logistics and transportation, food and beverages, water and waste management.

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Intended Audience

Industrial control system companies
Manufacturers
Software developers
Electronic Sensor suppliers
Industrial Internet of Thing specialist
Investors
Governments
LIST OF TABLES

Table 1 Global Industrial Control Systems Market, by Region, 2018–2023

Table 2 North America: Industrial Control Systems Market, by Country, 2018–2023

Table 3 Europe: Industrial Control Systems Market, by Country, 2018–2023

Table 4 Asia-Pacific: Industrial Control Systems Market, by Country, 2018–2023

Table 5 Rest of The World: Industrial Control Systems Market, by Country, 2018–2023

Continued…….

LIST OF FIGURES

FIGURE 1 Global Industrial Control Systems Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Industrial Control Systems Market

FIGURE 4 Value Chain of Global Industrial Control Systems Market

FIGURE 5 Share of Global Industrial Control Systems Market in 2017, by Country (in %)

Continued…….

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