This comprehensive report forecasts the global industrial automation control market to grow at a CAGR of 7.59% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: The demand to automate factories or create smart factories is increasing globally and this trend is expected to gain considerable traction during the forecast period. Already the countries, whose GDP contribution is largely from manufacturing industries, such as Germany and China, have begun the automation process in their existing factories to cut competition.
According to the report, the governments in countries such as the US, China, and Europe have imposed GMP on manufacturing industries such as automotive, food and beverages, consumer packaged goods, chemicals, and pharmaceuticals. GMP helps regulatory authorities to ensure public safety and to meet international quality standards. The governments of various countries have also imposed stringent regulation to curb carbon dioxide emission, lower power consumption, and wastage. And to meet such stringent regulations the industries across the world are using automation technologies.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Bosch Rexroth
- Control Systems International
- General Electric
- Koyo Electronics
- Mitsubishi Heavy Industries
- Rockwell Automation
- Schneider Electric
- Yokogawa El
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
PART 16: About the Author
For more information visit http://www.researchandmarkets.com/research/d8xb4m/global_industrial
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SOURCE Research and Markets