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Global Industrial Control System Markets to 2023: SCADA, DCS, PLC, MES, PLM, ERP and HMI - ResearchAndMarkets.com

January 2, 2019

DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--The “Global Industrial Control Systems Market Size, Share - By Control System (SCADA, DCS, PLC, MES, PLM, ERP, HMI), End-user, and Region - Growth, Trends and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The Industrial Control System Market was valued at USD 86.19 billion in 2017 and is expected to reach a value of USD 143.1 billion by 2023, recording a CAGR of 9.1% during the forecast period (2018-2023).

The industrial control systems market protects industries, such as electric, water, transportation, oil & gas, chemical, food & beverage, automotive, etc., from threats like Stuxnet, Duqu, and Flame. Supervisory Control and Data Acquisition Systems (SCADA) is used to control assets, which are geographically dispersed in places where centralized data control and acquisition is critical to system operations.

The industrial control systems’ capability of providing security to the infrastructure against any attack, in a very efficient and precise way is something that might interest the investors in taking this market seriously. The growing usage of smart grids and cloud computing are also equally responsible in making the industrial control systems market more favourable.

However, the usage of the industrial control systems requires strong technical knowledge without which one will find it very difficult to operate on one and hence acts as a restraint for this market. Additionally, the absence of latest opportunities for new systems in the market also might act as a challenge to this particular market.

Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Segmentation By Control System

6. Segmentation By End-user

7. Segmentation By Region

8. Company Profiles

9. Investment Analysis

10. Market Outlook

Companies Profiled

Siemens AG ABB Limited Omron Corporation Emerson Electric Co. Rockwell Automation Inc. Honeywell International Inc. General Electric Yokogawa Electric Corporation Schneider Electric SE Mitsubishi Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/research/mfk3v2/global_industrial?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005209/en/

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Related Topics:Engineering,Industrial Automation

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING ENGINEERING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/02/2019 05:02 AM/DISC: 01/02/2019 05:02 AM

http://www.businesswire.com/news/home/20190102005209/en

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