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Industrial Control, Factory Automation Market : Global Forecast & Analysis Till 2016
Industrial Control (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 in the market.
Browse 68 tables and in-depth TOC on “Industrial Controls (SCADA, PLC, DCS) & Factory Automation (Field Devices, MES, ERP) Market: Global Forecast & Analysis (2011 – 2016)”.
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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)
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.
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)
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