China ICS Market to Grow at a CAGR of 9.8% (2017-2025)

New York, USA, 2018-Oct-12 — /EPR Network/ —According to Goldstein Research, China ICS market is expected to reach USD 9.6billion by the end of 2025, growing at a CAGR of 9.8% over the forecast period, 2017-2025. The growing demand for industry processes security and efficiency is the major driving factor in the growth of China industrial control system. The growing manufacturing and production industries in China are inclining towards the automation of the system.

China industrial control systems market segmentation has been done on the basis of types of control systems, applications, and end-users. Based on end-user, the manufacturing industry accounted for the largest market share of 31.4% in 2017 of China industrial control systems market. Based on the application of ICS, industrial security is the major aspect for the continuing growth of a business and over the forecast period, it is expected to grow at a CAGR of 9.6%. It is dominated by tier-1 cities that accounted for 56.7% market share in 2017 on the back of governments plan to migrate enormous Chinese population to the growing megacities that attract the demand for industrial control systems.

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Market Segmentation

On the basis of our in-depth analysis, China Industrial Control Systems 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

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ICS Market Analysis” contains a detailed overview of the China 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 control systems, applications, and end-users.

The ICS Market Report encompasses the competitive outlook of major players that summarises the business strategies, revenue distribution, product portfolio, financial analysis, R&D activities and investments. The comprehensive analysis of industrial control systems market report helps the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the China industrial control systems market discussed in the report are: Beijing RichAuto S&T Co. Ltd., RuiDa Technology (Shenzhen) Co., LTD, 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, The market reports encompass the major trends & growth opportunities, market dynamics, and other growth factors. The ICS Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The market analysis 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.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on industrial automation industry analysis reports helping 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.

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USA: + 1-646-568-7747

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