HOME Top Market Reports Industrial Controls and Factory Automation Market by Technology (ICS, MES, ERP, ITS), Field Devices (Industrial Network, RFID, Industrial Robotics and Control Devices), Application (Process, Discrete) - Global Forecast & Analysis to 2014 - 2020

Industrial Controls and Factory Automation Market by Technology (ICS, MES, ERP, ITS), Field Devices (Industrial Network, RFID, Industrial Robotics and Control Devices), Application (Process, Discrete) - Global Forecast & Analysis to 2014 - 2020

By: marketsandmarkets.com
Publishing Date: May 2014
Report Code: SE 2505

 

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Integration of smart mechanical systems with IT technology has pushed the Industrial Controls and Factory Automation Market to the new heights. These systems are now being used in the industries to make the standardized and reliable production activities. The automation in the production activities are offering advantages in terms of cost-efficiency, waste reduction, speed production, ease in production monitoring and management, reduced feedback and action times, over the traditional manual processes. The various mechanical instruments and devices are coupled with the smart computing or IT systems for the better results in automation. The scope of the industrial controls and factory automation is not limited to the production floor, but it is extended to the overall business processes. The software systems like Enterprise Resource planning (ERP) are helping the market to extend their service offerings. It is indirectly offering customers better quality with standardized and reliable products within time and at affordable cost.

The Industrial Controls and Factory Automation market is projected to reach $301.9 Billion by 2020, from $171.2 Billion in 2013, with a CAGR of 8.53%. The major players in the market include as Siemens Ag (Germany), ABB LTD (Switzerland), Emerson Electric Company (U.S), Rockwell Automation Inc (U.S.), Schneider Electric SA (France) and Honeywell International Inc (U.S.).

The main drivers for the market include increasing focus on energy saving and efficiency improvement and internet of things and services playing crucial role in integration of manufacturing and engineering. The other driver is the country specific force for manufacturing activities and shifting change in the manufacturing base.

The report covers the market by technology, field devices, applications and geography of the factory automation market. It provides the detailed analysis of the current market scenario and its estimation till the year 2020. The industry is expected to grow well in developing regions such as APAC, which is mainly attributed to the fact that there will be a rise in factory automation and industry control system implementation.

The report describes the value chain in the industry by considering all the major stakeholders and their role in the analysis. The report also provides a detailed study of the Porter’s five force analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them.

The Americas, hold the maximum share of the Factory Automation market, with continual development. Recently released new industrial policies in the U.S. are to accelerate the investments in the industries. The APAC region is projected to grow with the highest CAGR in the market.

The report covers a brief description of major active players in the Factory Automation market. It also covers the competitive landscape of these players which includes the key growth strategies.

Scope of the report

The research report categorizes the Industrial controls and Factory automation Market on the basis of different technologies & services, field devices, applications, and geographical regions.

On the basis of Technologies & Services

The different technologies & services for industrial controls and factory automation systems include industrial control systems (ICS), manufacturing execution system (MES), enterprise resource planning, integrated manufacturing system, machine vision systems, motion control drives, information technology system, and system integration services.

On the basis Field devices

Various field devices in factory automation systems are industrial networks, control devices, industrial robotics, and others.

On the basis Application

Various applications of the systems are in discrete industry and process industry.

On the basis of geography

The geographic segmentation includes the Americas, Europe, APAC and Rest of the world (ROW).

The report covers the market information, with regards to the drivers, trends and opportunities, key players, and competitive outlook. This report also makes way for the analytical tables to cover the sub-segments of the factory automation market. In addition, it profiles ten companies, which include overview, products & services, financials, strategy, SWOT analysis, recent developments and views from MarketsandMarkets experts.

Table of Contents
 
1 Introduction (Page No. - 19)
    1.1 Key Take-Aways
    1.2 Report Description
    1.3 Markets Covered
    1.4 Stakeholders
    1.5 Research Methodology
          1.5.1 Market Size Estimation
          1.5.2 Market Crackdown and Data Triangulation
          1.5.3 Key Data Taken From Secondary Sources
          1.5.4 Key Data Taken From Primary Sources
          1.5.5 Definition and Scope for the Report
          1.5.6 Assumptions Made for the Report
          1.5.7 List of Companies Covered During the Study

2 Executive Summary (Page No. - 35)

3 Market Overview (Page No. - 40)
    3.1 Introduction
    3.2 Market Definition and Segmentation
    3.3 History and Evolution of Industrial Control and Factory Automation
    3.4 Industrial Control and Factory Automation Value Chain Analysis
    3.5 Trends in Industrial Control and Factory Automation
          3.5.1 Interconnection of Field Devices Such As Sensors With Data Analytics
          3.5.2 Iot Coupled With Machine-to-Machine Communication
    3.6 Market Dynamics
          3.6.1 Market Drivers
                  3.6.1.1 Optimizing Resources and Waste Reduction Presents A Key Driver for Boosting Factory Automation
                  3.6.1.2 Iot and M2m Communications to Convert the Generated Data Into Information, Helpful in Resolving Bottlenecks and Improve Productivity
                  3.6.1.3 Aggressive Policy Reforms Adopted By Developing Countries Will Boost Manufacturing Undertakings in their Countries
                  3.6.1.4 Setting Up Manufacturing Plants in Regional Locations to Satisfy the Customer Needs Will Encourage Factory Automation
          3.6.2 Market Restraints
                  3.6.2.1 Different Standards Adopted By Different Equipment Manufacturers Hinders the Data Collection and Information Generating Process
                  3.6.2.2 Absence of Skilled Workforce Is Hindering the Efficient Implementation of Advanced Industrial Automation
                  3.6.2.3 Transitioning From Traditional Manufacturing to Advanced Manufacturing Involves Huge Capital Expenditure
          3.6.3 Market Opportunities
                  3.6.3.1 Information Technology Companies to Benefit From Implementation of Factory Automation
                  3.6.3.2 Factory Automation to Have Ripple Effect on Growth of Robotics and Other Electronic Devices Used in Micro Scale Industries
    3.7 Burining Issue
    3.8 Winning Imperative
    3.9 Porter’s Five forces Analysis
          3.9.1 Degree of Competetion
          3.9.2 Bargaining Power of Buyers
          3.9.3 Bargaining Power of Suppliers
          3.9.4 Threat From Substitutes
          3.9.5 Threat of New Entrants
 
4 Industrial Controls and Factory Automation Market By Technology (Page No. - 66)
    4.1 Introduction
          4.1.1 Supervisory Control and Data Acquistion (SCADA)
          4.1.2 Programmable Logic Control (PLC)
          4.1.3 Distributed Control Syetm (DCS)
    4.2 Manufacturing Execution System
          4.2.1 Process Industry MES
          4.2.2 Discrete Industry MES
    4.3 Enterprise Resource Planning (ERP)
    4.4 Information Technology System
          4.4.1 Product Lifecycle Management (PLM)
          4.4.2 Manufacturing Operations Management (MOM) Solution

5 Industrial Controls and Factory Automation Market By Field Devices (Page No. - 100)
    5.1 Introduction
    5.2 Industrial Network
          5.2.1 Wired Network
                  5.2.1.1 Managed Switches
                  5.2.1.2 Unmanaged Switches
                  5.2.1.3 Ethernet Media Converters
                  5.2.1.4 Others
          5.2.2 Wireless Network
                  5.2.2.1 Sensors
                  5.2.2.2 Microprocessor System
                  5.2.2.3 Chipsets
                  5.2.2.4 Wi-Fi/Wlan Chipsets
                  5.2.2.5 Zigbee Chipsets
          5.2.3 RFID System
                  5.2.3.1 Chip-Based RFID
                            5.2.3.1.1 Tags
                            5.2.3.1.2 Middleware
                            5.2.3.1.3 Reader
    5.3 Industrial Robotics
          5.3.1 Robot With Revolute Configuration Or Jointed-Arm
          5.3.1 Cartesian Robot
          5.3.1 Selective Compliance Assembly Robot Arm
          5.3.1 Cylindrical Robot
          5.3.1 Other Robots
    5.4 Control Devices
          5.4.1 Motors and Drive
          5.4.2 Relaysand Switches
          5.4.3 Sensors
                  5.4.3.1 Pressure Sensor
                  5.4.3.2 Temperature Sensors
                  5.4.3.3 Position Sensor
                  5.4.3.4 Image Sensors
                  5.4.3.5 Other Sensors

6 Industrial Controls and Factory Automation Market By Application (Page No. - 134)
    6.1 Introduction
    6.2 Discrete Industry
          6.2.1 Automotive & Transportation
          6.2.2 Mining, Minerals, & Metals
          6.2.3 Packaging
          6.2.4 Others
    6.3 Process Industry
          6.3.1 Oil & Gas
          6.3.2 Chemical
          6.3.3 Food & Beverage
          6.3.4 Pharmaceuticals
          6.3.5 Others

7 Industrial Control and Factory Automation Market By Geography (Page No. - 158)
    7.1 Introduction
    7.2 Americas
          7.2.1 The U.S.
          7.2.2 Canada
          7.2.3 Mexico
          7.2.4 Brazil
          7.2.5 Others
    7.3 APAC
          7.3.1 Japan
          7.3.2 China
          7.3.3 India
          7.3.4 South Korea
          7.3.5 Others
    7.4 Europe
          7.4.1 Germany
          7.4.2 Italy
          7.4.3 The U.K.
          7.4.4 France
          7.4.5 Spain
          7.4.6 Rest of Europe
    7.5 Rest of The World
          7.5.1 The Middle East
          7.5.2 Africa

8 Competitive Landscape (Page No. - 195)
    8.1 Introduction
          8.1.1 Key Growth Strategies
          8.1.2 Market Share Analysis of Industrial Control and Factory Automationmarket
          8.1.3 New Product Development
          8.1.4 Partnership/Contract/Agreement and Joint-Ventures
          8.1.5 Mergers and Acquisition
          8.1.6 Other Startegies

9 Company Profiles (Overview, Products & Services, Strategies & Insights, Developments and Mnm View)* (Page No. - 211)
    9.1 ABB Ltd.
    9.2 Emerson Electric Co.
    9.3 General Electric
    9.4 Honeywell International
    9.5 Johnson Controls, Inc.
    9.6 Rockwell Automation
    9.7 Seimens AG
    9.8 Texas Instruments, Inc.
    9.9 Schneider Electric
    9.10 Yokogawa Electric Co.

*Details on Overview, Products & Services, Strategies & Insights, Developments and Mnm View Might Not Be Captured in Case of Unlisted Companies


List of Tables (106 Tables)

Table 1 Definition and Scope
Table 2 General Assumptions, Terminology,& Application Key Notes
Table 3 Industrial Controls and Factory Automation: List of Companies Covered
Table 4 Market Size, By Application, 2013-2020 ($Billion)
Table 5 Market Size, By Segment, 2013-2020 ($Billion)
Table 6 Market Size, By Geography, 2013-2020 ($Billion)
Table 7 Market Size, By Application, 2013-2020 ($Billion)
Table 8 Industrial Control System Market Size, By Type, 2013-2020 ($Billion)
Table 9 Industrial Control Systems Market Size, By Geography, 2013-2020 ($Billion)
Table 10 Inustrial Control System Market Size, By Application, 2013-2020($Billion)
Table 11 SCADA Market Size, By Geography, 2013-2020, ($Billion)
Table 12 SCADA Market Size, By Application, 2013-2020 ($Billion)
Table 13 PLC Market Size, By Geography, 2013-2020 ($Billion)
Table 14 PLC Market Size, By Application, 2013-2020 ($Billion)
Table 15 DCS Market Size, By Geography, 2013-2020 ($Billion)
Table 16 DCS Market Size, By Application, 2013-2020 ($Billion)
Table 17 MES Market Size, By Geography, 2013-2020 ($Billion)
Table 18 MES Market Size, By Application, 2013-2020 ($Billion)
Table 19 Enterprise Resource Planning Market Size, By Type, 2013-2020, ($Billion)
Table 20 ERP Market Size, By Geography, 2013-2020, ($Billion)
Table 21 ERP Market Size, By Application, 2013-2020, ($Billion)
Table 22 Information Technology Systems Market Size, By Type, 2013-2020, ($Billion)
Table 23 Its Market Size, By Application, 2013-2020 ($Billion)
Table 24 PLM Market Size, By Solution Type, 2013-2020 ($Billion)
Table 25 PLM Market Size, By Geography, 2013-2020 ($Billion)
Table 26 MOM Software Market Size, By Geography, 2013-2020 ($Billion)
Table 27 Industrial Controls and Factory Automation Market Size, By Field Device, 2013-2020 ($Billion)
Table 28 Market Size for Field Devices, By Geography, 2013-2020 ($Billion)
Table 29 Industrial Control and Factory Automation Market Size for Field Devices, By Application, 2013-2020 ($Billion)
Table 30 Industrial Network Market Size, By Type, 2013-2020 ($Billion)
Table 31 Industrial Network Market Size, By Geography, 2013-2020 ($Billion)
Table 32 Wired Network Market Size, By Components, 2013-2020 ($Billion)
Table 33 Wired Network Market Size, By Geography, 2013-2020 ($Billion)
Table 34 Wireless Network Market Size, By Components, 2013-2020 ($Billion)
Table 35 Wireless Network Market Size, By Geography, 2013-2020 ($Billion)
Table 36 Wireless Chipset Market Size, By Types, 2013-2020 ($Billion)
Table 37 RFID Systems Market Size, By Type, 2013-2020 ($Billion)
Table 38 RFID Systems Market Size, By Geography, 2013-2020 ($Billion)
Table 39 RFID Systems Market Size, By Application, 2013-2020 ($Billion)
Table 40 Chip-Based RFID Systems Market Size, By Type, 2013-2020 ($Billion)
Table 41 Industrial Robotics Market Size, By Geography, 2013-2020 ($Billion)
Table 42 Industrial Robotics Market Size, By Application, 2013-2020 ($Billion)
Table 43 Control Devices Market Size, By Types, 2013-2020 ($Billion)
Table 44 Control Devices Market Size, By Geography, 2013-2020 ($Billion)
Table 45 Control Devices Market Size, By Application, 2013-2020 ($Billion)
Table 46 Motors and Drives Market Size, By Geography, 2013-2020 ($Billion)
Table 47 Relays and Switches Market Size, By Geography, 2013-2020 ($Billion)
Table 48 Sensors Market Size, By Geography, 2013-2020 ($Billion)
Table 49 Industrial Control and Factory Automation Application Market Size, By Segment, 2013–2020 ($Billion)
Table 50 Discrete Industry Application Market Size, By Segment, 2013–2020 ($Billion)
Table 51 Discrete Industry Application Market Size, By Technology, 2013-2020 ($Billion)
Table 52 Discrete Industry Application Market Size, By Field Devices, 2013-2020 ($Billion)
Table 53 Discrete Industry Market Size, By Industry Verticals, 2013-2020 ($Billion)
Table 54 Automotive and Transportation Industry Application Market Size, By Segment, 2013-2020 ($Billion)
Table 55 Mining, Minerals and Metals Industry Application Market Size, By Segment, 2013-2020 ($Billion)
Table 56 Packaging Industry Application Market Size, By Segment, 2013-2020 ($Billion)
Table 57 Other Discrete Industry Application Market Size, By Segment, 2013-2020 ($Billion)
Table 58 Process Industry Application Market Size, By Segment, 2013–2020 ($Billion)
Table 59 Process Industry Application Market Size, By Technology, 2013-2020 ($Billion)
Table 60 Process Industry Application Market Size, By Field Devices, 2013-2020 ($Billion)
Table 61 Process Industry Application Market Size, By Vertical, 2013-2020 ($Billion)
Table 62 Oil and Gas Industry Application Market Size, By Segment, 2013-2020 ($Billion)
Table 63 Chemicals Industry Application Market Size, By Segment, 2013 2020 ($Billion)
Table 64 Food and Beverages Industry Application Market Size, By Segment, 2013 -2020 ($Billion)
Table 65 Pharmaceuticals Industry Application Market Size, By Segment, 2013-2020 ($Billion)
Table 66 Other Process Industry Application Market Size, By Segment, 2013-2020 ($Billion)
Table 67 Industrial Control and Factory Automation Market Size, By Geography, 2013-2020 ($Billion)
Table 68 Americas: Industrial Control and Factory Automation Market Size, By Country, 2013-2020 ($Billion)
Table 69 Americas: Industrial Control andfactory Automation Market Size for Field Devices, By Country, 2013-2020 ($Billion)
Table 70 Americas: Market Size, By Segment, 2013-2020 ($Billion)
Table 71 Americas: Market Size, By Technology, 2013-2020 ($Billion)
Table 72 Americas: Market Size, By Field Devices, 2013-2020 ($Billion)
Table 73 The U.S.: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 74 Canada: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 75 Mexico: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 76 Brazil: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 77 Others: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 78 APAC: Industrial Control and Factory Automation Market Size, By Country, 2013-2020 ($Billion)
Table 79 APAC: Market Size, By Segment, 2013-2020 ($Billion)
Table 80 APAC: Market Size, By Technology, 2013-2020 ($Billion)
Table 81 APAC: Market Size, By Field Devices, 2013-2020 ($Billion)
Table 82 Japan: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 83 China: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 84 India: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020, ($Billion)
Table 85 South Korea: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 86 Others: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 87 Europe: Industrial Control and Factory Automation Market Size, By Country, 2013-2020 ($Billion)
Table 88 Europe: Market Size, By Segment, 2013-2020 ($Billion)
Table 89 Europe: Market Size, By Technology, 2013-2020 ($Billion)
Table 90 Europe: Market Size, By Field Devices, 2013-2020 ($Billion)
Table 91 Germany: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 92 Italy: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 93 The U.K.: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 94 France: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 95 Spain: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 96 Rest of Europe: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 97 ROW: Industrial Control and Factory Automation Market Size, By Region, 2013-2020 ($Billion)
Table 98 ROW: Market Size, By Segment, 2013-2020 ($Billion)
Table 99 ROW: Market Size, By Technology, 2013-2020 ($Billion)
Table 100 ROW: Market Size, By Field Devices, 2013-2020 ($Billion)
Table 101 The Middle East: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 102 Africa: Industrial Control and Factory Automation Market Size, By Segment, 2013-2020 ($Billion)
Table 103 New Product Development Strategy, 2010-2014
Table 104 Partnership/Contract/Agreement and Joint-Ventures, 2010-2014
Table 105 Mergers and Acquisitions, 2010-2014
Table 106 Other Strategies, 2012-2014


List of Figures (58 Figures)

Figure 1 Industrial Controls and Factory Automation Market
Figure 2 Market Research Methodology
Figure 3 Market Size Estimation
Figure 4 Market Crackdown and Data Triangulation Process
Figure 5 Market Size, By Technology and Field Devices, 2013-2020($Billion)
Figure 6 Industrial Control and Factory Automation Market Segmentation
Figure 7 Emergence of Industrial Control and Factory Automation
Figure 8 Value Chain: Industrial Control and Factory Automation
Figure 9 Cyber Physical System Schematic
Figure 10 Industrial Control and Factory Automation Drivers Impact Analysis
Figure 11 Industrial Control and Factory Automation Restraints Impact Analysis
Figure 12 Industrial Control and Factory Automation Opportunities Impact Analysis
Figure 13 Industrial Controls and Factory Automation Market: Porters Analysis
Figure 14 Industrial Controls and Factory Automation Market: Degree of Competition
Figure 15 Industrial Controls and Factory Automation Market: Bargaining Power of Buyers
Figure 16 Industrial Controls and Factory Automation Market: Bargaining Power of the Suppliers
Figure 17 Industrial Components and Automation Systems: Threat From Substitutes
Figure 18 Industrial Components and Factory Automation Market: Threat From New Entrants
Figure 19 Industrial Control and Factory Automation Market Segmentation, By Technology
Figure 20 Industrial Control Systems Classification By Product
Figure 21 Value Chain for MES
Figure 22 Manufacturing Model Changes Before and After Execution of MES
Figure 23 Benefits of MES
Figure 24 Impacts of Benefits of MES on Manufacturing Plant
Figure 25 Components of Enterprise Resource Planning
Figure 26 Intercation of PLM With Manufacturing Processes
Figure 27 Industrial Control and Factory Automation, By Type
Figure 28 Sensors Classification, By Type
Figure 29 Industrial Control and Factory Automation Market Classification, By Application
Figure 30 Industrial Control and Factory Automation Market Classification, By Geography
Figure 31 Key Growth Strategies of Industrial Control and Factory Automation Market (2010–2014)
Figure 32 Industrial Control and Factory Automation Market: Companies and their Market Share In 2013
Figure 33 ABB Ltd.: Company Snapshot
Figure 34 SWOT Analysis of ABB Ltd.
Figure 35 Emerson Electric Co: Company Snapshot
Figure 36 SWOT Analysis of Emerson Electric Co.
Figure 37 General Electric: Company Snaoshot
Figure 38 Products and Servies Protfolio Catering to Different Industries of General Electic
Figure 39 SWOT Analysis of General Electric
Figure 40 Honeywell International: Company Snapshot
Figure 41 Product and Services
Figure 42 SWOT Analysis of Honeywell International
Figure 43 Johnson Controls Inc.: Company Snapshot
Figure 44 Johnson Controls Inc.: Product Portfolio
Figure 45 Rockwell Automation: Company Snapshot
Figure 46 Rockwell Automation : Products & Solutions Portfolio
Figure 47 SWOT Analysis of Rockwell Automation Inc.
Figure 48 Siemens AG: Company Snapshot
Figure 49 Siemens AG: Product Portfolio
Figure 50 SWOT Analysis of Seiemens AG
Figure 51 Texas Instruments, Inc.: Company Snapshot
Figure 52 Texas Instruments, Inc.: Products & Services
Figure 53 Texas Instruments, Inc.: SWOT Analysis
Figure 54 Schneider Electric: Company Snapshot
Figure 55 Products and Services
Figure 56 Yokogawa Electric: Company Snapshot
Figure 57 Product & Services Portfolio of Yokogawa Electric Co.
Figure 58 SWOT Analysis of Yokogawa Electric Co.

With the new surge of innovation in technology, the industrial control and factory automation systems are now being utilized by various industries for accurate and reliable process control. In the present scenario when the size of the hardware is reducing and the use of embedded systems have shown a reasonable growth; the upcoming trend of nanotechnology, nanotech sensors, machine-to-machine communication systems and Internet of things will generate growth in the global factory automation market.

The factory automation market is driven by the increasing prominence on energy saving and improving efficiency. The ‘Internet of things’ and the promising trend of cloud based technologies and services are increasing the scope of the industrial controls and factory automation system. The number of internet users have increased drastically in the last decade and almost doubled in the last eight years. With the advancement in wireless technology protocols there has been development in products like introduction of wireless PLC’s, and wireless Remote Terminal Units (RTU), and so on in order to make the automation control systems compatible with the wireless protocols. The countries and governments are promoting the automated and smart manufacturing activities. The market is finding good prospects in the emerging manufacturing bases, increased scope of refurbished robot markets and attractive but untapped potential market of field devices such as Radio Frequency Identification Device (RFID) and Industrial robots. The market is fuelling in the emerging economies like India, China and Brazil.

The figure below shows the estimated continuous growth in the coming six years from 2014 to 2020.

Industry Control and Factory Automation Market

The Industrial controls and Factory automation market is expected to grow at a CAGR of 8.53% in the next six years (2014-2020). In the report the drivers, restraints, and opportunities for the market are covered.

Some of the major companies present in the market are: Siemens Ag (Germany), ABB LTD (Switzerland), Emerson Electric Company (U.S), Rockwell Automation Inc (U.S.), Schneider Electric SA (France) and Honeywell International Inc (U.S.) are considered as the leaders in the market. However, players like Johnson Controls Inc (U.S), General Electric Company (U.S.), Texas Instruments Inc (U.S) and Yokogawa Electric Corporation (Japan).

Geographically, the factory automation market is majorly covered by the Americas, APAC, Europe and Rest of The World (ROW). The Americas market accounts for the largest share and is followed the Europe which is then followed by APAC. Rest of the world (ROW), cover a small market share at present; however, they are expected to show growth in coming years due to the increasing rate of industrial controls and factory automation systems.

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