India Industrial Control System (ICS) Market Expanding To Reach USD 1.8 Billion by 2025

New York, USA, 2018-Sep-18 — /EPR Network/ —According to Goldstein Research, India ICS market is expected to reach USD 1.8 billion by 2025, growing at a CAGR of 8.71% over the forecast period 2017-2025. India being a developing economy is witnessing investments in the growth and development of the multiple industries. The industrial advancing steps by the government is driving the growth of industrial control system in India. India Industrial Control System (ICS) market segmentation has been carried out on the basis of control system, applications, end users and geography. On the basis of end user, manufacturing industry accounted for 24.2% market share in 2017 owing to the adoption of new technologies and increasing industrial security threats which is increasing demand for application of industrial control system.

India ICS market is majorly growing in the tier-1 cities with a market share of 43.2% in 2017 such as in the electricity smart grids in Bengaluru, New Delhi and Chennai. Moreover, the establishment of industries in the outskirts of tier-2 cities tends to highly influence ICS market of India and is estimated to grow at a CAGR of 9.0% over the forecast period.

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Market Segmentation

On the basis of our in-depth analysis, India ICS Market can be segmented as follows:

By Types of Control System

  • Programmable Logic Controllers (PLCs)
  • Distributed Control Systems (DCS)
  • Supervisory control and Data Acquisition (SCADA)

By Applications

  • Industrial Security
  • Process Controlling
  • Others (Supervision, etc.)

By End-Users

  • Energy and Mining Sector
  • Transportation and Logistics Sector
  • Manufacturing Industry
  • Electric and Electronic Industry
  • Aviation Industry
  • Others

By Region

  • Tier-1 Cities {Market Share (%), Market Size (USD Billion)}
  • Tier-2 Cities {Market Share (%), Market Size (USD Billion)}
  • Tier-3 Cities {Market Share (%), Market Size (USD Billion)}

 

“India ICS Market Industry Analysis” contains a detailed overview of the India ICS market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by types of the control system, applications, and end users.

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Further, for the in-depth analysis, India ICS Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as ABB, Honeywell, Siemens, General Electric, Cisco, Symantec, Fortinet, Kaspersky, IBM, Booz Allen Hamilton, Citrix Systems, Brocade Communication Systems, Computer Science, EMC, F-Secure, L-3, Trend Micro,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the India ICS market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this India Industrial Control System (ICS)Report

  • What is the India ICS Market Size by 2025 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the ICS market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to ICS industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?
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