Global Industrial Control Systems Market Size study & Forecast, by System (Supervisory Control and Data Acquisition System (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Machine Execution System (MES), Product Lifecycle Ma

Global Industrial Control Systems Market Size study & Forecast, by System (Supervisory Control and Data Acquisition System (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Machine Execution System (MES), Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP), Human Machine Interface (HMI), Other Systems) by End User Industry (Oil and Gas, Chemical and Petrochemical, Power, Life Sciences, Food and Beverage, Metals and Mining, Other End User Industries) and Regional Analysis, 2022-2029

Global Industrial Control Systems Market is valued approximately at USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Industrial Control Systems (ICS) are specialized systems used to monitor and control industrial processes such as manufacturing, power generation, and transportation systems. These systems consist of a network of interconnected devices, sensors, and software that work together to gather and analyze data, and then take appropriate actions to control the processes. ICS systems can be divided into two main categories: Supervisory Control and Data Acquisition (SCADA) systems and Distributed Control Systems (DCS). The ICS systems are critical to the operation of many industries and play a vital role in ensuring the safety, reliability, and efficiency of industrial processes. However, they also represent a potential target for cyber-attacks, and it is essential to ensure that these systems are properly secured to prevent unauthorized access and potential damage to critical infrastructure. The key factor driving the market growth is surge in demand for IoT-based smart solutions and automation in various industries, and rising demand for mass production in manufacturing industries is anticipated to create the lucrative demand for the market during forecast period.

Moreover, the rising demand for mass production in manufacturing industries is anticipated to support the growth of the Industrial Control Systems (ICS) market. Industrial Control Systems are essential for managing and controlling the various processes involved in manufacturing, including assembly line automation, inventory control, quality control, and logistics management. These systems are designed to improve productivity, reduce downtime, and improve the overall efficiency of manufacturing operations. For instance, in March 2021, the software CIMPLICITY and Tracker, developed by the American-based GE Digital, are multi-industry HMI/SCADA and MES routing solutions that aid in the improvement of operational efficiency. Tracker is intended for use by high-volume manufacturers, such as those in the automotive industry. Companies with many remote operations centers are the target market for CIMPLICITY. Additionally, the deployment of smart grid for protection of critical infrastructure from cyber-attacks and cloud computing for industrial control system (ICS) is anticipated to create the lucrative opportunity for the market during forecast period. However, the increase in cyber-attacks and unavailability of authentication procedures and lack of skilled professionals and awareness regarding industrial security solutions stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Industrial Control Systems Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the market in terms of market share, owing to the presence of key market players and rising demand in manufacturing, chemicals, energy, and utilities. Whereas, Asia Pacific is anticipated to exhibit highest growth rate over the forecast period, owing to factors such as growing demand for improved solutions to manage industrial plants in India and China, and growing industrialization in the region would create lucrative growth prospects for the Industrial Control Systems market across Asia Pacific region.

Major market player included in this report are:
Siemens AG
ABB Automation Company
Omron Corporation
Honeywell International Inc.
Rockwell Automation Inc.
Emerson Electric Co.
Mitsubishi Electric Corporation
Schneider Electric
Yokogawa Electric Corporation
Kawasaki Heavy Industries, Ltd.

Recent Developments in the Market:
In April, 2022, in order to collaborate on finding new offshore substation opportunities in the global offshore wind sector, ABB and Ramboll have signed an agreement. Companies will offer their knowledge and experience to this relationship in the areas of engineering, products, installation, and operational maintenance for electrical, SCADA (Supervisory Control and Data Acquisition), automation, and telecommunications equipment.

Global Industrial Control Systems Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered System, End User Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By System:
Supervisory Control and Data Acquisition System (SCADA)
Distributed Control System (DCS)
Programmable Logic Controller (PLC)
Machine Execution System (MES)
Product Lifecycle Management (PLM)
Enterprise Resource Planning (ERP)
Human Machine Interface (HMI)
Other Systems

By End User Industry:
Oil and Gas
Chemical and Petrochemical
Power
Life Sciences
Food and Beverage
Metals and Mining
Other End User Industries
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Siemens AG
ABB Automation Company
Omron Corporation
Honeywell International Inc.
Rockwell Automation Inc.
Emerson Electric Co.
Mitsubishi Electric Corporation
Schneider Electric
Yokogawa Electric Corporation
Kawasaki Heavy Industries, Ltd.

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