Global Control Systems
Summary
Global Control Systems industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The control systems market includes programmable logic controllers (PLC) and distributed control systems (DCS). It does not include PC-based control systems and software. A control system is a device, or set of devices, that manages, commands, directs, or regulates the behaviour of other devices or systems.
- The global control systems market recorded revenues of $22,211.9 million in 2023, representing a compound annual growth rate (CAGR) of 0.4% between 2018 and 2023.
- The DCS segment accounted for the market's largest proportion in 2023, with total revenues of $12,274.2 million, equivalent to 55.3% of the market's overall value.
- The market growth in 2023 is attributed to industrialization; growing demand for industrial automation such as soft and hard automation, programmable automation, and integrated automation; rising demand for operational efficiency in the manufacturing sector; and reducing overall manufacturing cost.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the control systems market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global control systems market
- Leading company profiles reveal details of key control systems market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global control systems market with five year forecasts by both value and volume
- What was the size of the Global control systems market by value in 2023?
- What will be the size of the Global control systems market in 2028?
- What factors are affecting the strength of competition in the Global control systems market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's control systems market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What have been the most significant mergers/acquisitions in recent years?
- 8 Company Profiles
- 8.1. Hitachi, Ltd.
- 8.2. Mitsubishi Heavy Industries, Ltd.
- 8.3. Siemens Corp
- 8.4. General Electric Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. About MarketLine
- List of Tables
- Table 1: Global control systems market value: $ million, 2018-23
- Table 2: Global control systems market category segmentation: % share, by value, 2018-2023
- Table 3: Global control systems market category segmentation: $ million, 2018-2023
- Table 4: Global control systems market geography segmentation: $ million, 2023
- Table 5: Global control systems market value forecast: $ million, 2023-28
- Table 6: Hitachi, Ltd.: key facts
- Table 7: Hitachi, Ltd.: Annual Financial Ratios
- Table 8: Hitachi, Ltd.: Key Employees
- Table 9: Hitachi, Ltd.: Key Employees Continued
- Table 10: Hitachi, Ltd.: Key Employees Continued
- Table 11: Hitachi, Ltd.: Key Employees Continued
- Table 12: Mitsubishi Heavy Industries, Ltd.: key facts
- Table 13: Mitsubishi Heavy Industries, Ltd.: Annual Financial Ratios
- Table 14: Mitsubishi Heavy Industries, Ltd.: Key Employees
- Table 15: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
- Table 16: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
- Table 17: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
- Table 18: Siemens Corp: key facts
- Table 19: Siemens Corp: Key Employees
- Table 20: General Electric Company: key facts
- Table 21: General Electric Company: Annual Financial Ratios
- Table 22: General Electric Company: Key Employees
- Table 23: General Electric Company: Key Employees Continued
- Table 24: General Electric Company: Key Employees Continued
- Table 25: Global exchange rate, 2019-23
- List of Figures
- Figure 1: Global control systems market value: $ million, 2018-23
- Figure 2: Global control systems market category segmentation: $ million, 2018-2023
- Figure 3: Global control systems market geography segmentation: % share, by value, 2023
- Figure 4: Global control systems market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the global control systems market, 2023
- Figure 6: Drivers of buyer power in the global control systems market, 2023
- Figure 7: Drivers of supplier power in the global control systems market, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the global control systems market, 2023
- Figure 9: Factors influencing the threat of substitutes in the global control systems market, 2023
- Figure 10: Drivers of degree of rivalry in the global control systems market, 2023
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