Industrial Control and Factory Automation Market Worth $ 272,211.57 Million, Globally, by 2027 at 8.01% CAGR: Verified Market Research - PRNewswire

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126 – Tables
37 – Figures

Global Industrial Control and Factory Automation Market Outlook

In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Growing demand for safety compliance automation products, increasing government initiatives for industrial automation in various sectors, and the rise in usage of enabling technologies in manufacturing have been driving the global industrial control and factory automation market. On the other hand, high initial cost, lacking technical expertise and increasing cyber threats are some of the factors that may hinder the overall growth of the market. Moreover, increasing demand for smart manufacturing infrastructure has led to the growth of the industrial control and factory automation market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The "Global Industrial Control and Factory Automation Market" is mainly bifurcated into sub-segments which can provide a classified data regarding the latest trends in the market. The study report will provide valuable insight with an emphasis on the global market including some of the major players such as ABB Ltd., Emerson Electric Co., Rockwell Automation Inc., Siemens AG, Endress+Hauser Group, Schneider Electric, Yokogawa, Omron Corporation, Mitsubishi, and Honeywell.

Verified Market Research has segmented the Global Industrial Control and Factory Automation Market on the basis of component, solution, Industry, and geography.

• Industrial Control and Factory Automation Market by Component
• Sensors
• Industrial Robots
• Machine Vision
• Control valves
• Industrial PC
• Industrial Control and Factory Automation Market by Solution
• Distributed Control System (DCS)
• Supervisory Control and Data Acquisition (SCADA)
• Programmable Logic Controller (PLC)
• Product Life Cycle Management (PLM)
• Industrial Control and Factory Automation Market by Industry
• Process Industry
• Discrete Industry
• Industrial Control and Factory Automation Market by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

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Industrial Control and Factory Automation Market Worth $ 272,211.57 Million, Globally, by 2027 at 8.01% CAGR: Verified Market Research - PRNewswire
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