Industrial Control Systems Market Tends to Grow at a CAGR of 9.1% Over the Forecast Period

Posted on 2018-09-18 by Goldstein Research in Industrial // 0 Comments

New York, USA, 2018-Sep-18 — /EPR Network/ —According to Goldstein Research, the global industrial control systems market is expected to reach USD 18.3billion by 2025, expanding at a CAGR of 9.1% over the forecast period, 2017-2025. The propelling demand of industry processes security and efficiency is the major driving factor in the growth of the global industrial control system. Along with rising adoption of automation of the system in production &manufacturing industries, the other factors such as machine breakdown & high risk of cyber-attacks, has led to increasing in the installation cases of the ICS. Such developments are driving the growth of the ICS market. Further, based on the application of ICS, the manufacturing industry accounted for the highest market share of 21.4% in 2017.

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Industrial control systems market based on geography is dominated by Europe and the Middle East and Africa (EMEA) region which acquire a market share of nearly 43.0% in 2017.

Market Segmentation

On the basis of our in-depth analysis, Global Industrial Control Systems Market can be segmented as follows:

By Types of Control System

Programmable Logic Controllers (PLCs) Market Analysis, 2016-2024
Distributed Control Systems (DCS) Market Analysis, 2016-2024
Supervisory control and Data Acquisition (SCADA) Market Analysis, 2016-2024

By Applications

Industrial Security ICS System Market Analysis, 2016-2024
Process Controlling ICS System Market Analysis, 2016-2024
Others (Supervision, etc.) ICS System Market Analysis, 2016-2024

By End-Users

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

By Region

North America Industrial Control Systems Market Analysis, 2016-2024
Europe Industrial Control Systems Market Analysis, 2016-2024
The Middle East And Africa Industrial Control Systems Market Analysis, 2016-2024
Latin America Industrial Control Systems Market Analysis, 2016-2024
Asia Pacific Industrial Control Systems Market Analysis, 2016-2024
Rest Of The World Industrial Control Systems Market Analysis, 2016-2024

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“Global Industrial Control Systems Market Outlook 2024” contains a detailed overview of the global industrial control systems 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, application, end users and geography.

The Global Industrial Control Systems Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of industrial control systems market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global industrial control systems market discussed in the report are 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.

Further, Global Industrial Control Systems Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Industrial Control Systems Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

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Our analysts working on industrial automation market research to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.