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Industrial Control and Factory Automation Market by Solution, Component, Industry and Geography - Global Forecast to 2023NEW YORK, Oct. 10, 2017 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05136806 "Industrial control and factory automation market in APAC to grow at highest CAGR during forecast period" The industrial control and factory automation market in Asia Pacific (APAC) is expected to grow at the highest CAGR between 2017 and 2023. China is one of the major countries supporting the growth of industrial control and factory automation in this region. China has been working on innovative industrial practices by implementing automation technologies in manufacturing companies. Moreover, the research institutes and system integrators are collaboratively working to improve the manufacturing processes in China. Furthermore, in China, industrial intellectualization and information integration is the main focus of the government industrial policy. These initiatives are expected to increase the demand for industrial control and factory automation in this country. Following is the breakdown of the profiles of primary participants for the report: • By Company Type: Tier 1 – 48%, Tier 2 – 32%, and Tier 3 – 20% • By Designation: C-Level Executives – 42%, Directors – 35%, and Others – 23% • By Region: North America – 52%, Europe – 23%, APAC – 18%, and RoW – 7% The key players in the industrial control and factory automation market are Siemens (Germany), ABB (Switzerland), Emerson (US), Mitsubishi (Japan), and Schneider (France), Rockwell (US), General Electric (US), Yokogawa (Japan), Omron (Japan), and Honeywell (US).. Research Coverage The research report analyzes the industrial control and factory automation based on solution, enabling technology, component, industry, and geography. The market has been segmented by solution into supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), manufacturing execution system (MES), product lifecycle management (PLM), functional safety, and plant asset management (PAM); by component into industrial robots, machine vision, control valves, control devices, field instruments, industrial 3D printing, human–machine interface (HMI), and industrial PC; The industries implementing automation are process and discrete industries. The report covers the market segmented on the basis of 4 major regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). Key Benefits of Buying the Report: Illustrative segmentation, analysis, and forecast of the market based on solution, component, industry, and geography have been conducted to give an overall view of the industrial control and factory automation market. Major drivers, restraints, opportunities, and challenges for the industrial control and factory automation market have been detailed in this report. The report includes a detailed competitive landscape along with key players and their revenue. Read the full report: https://www.reportlinker.com/p05136806 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. https://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/industrial-control-and-factory-automation-market-by-solution-component-industry-and-geography---global-forecast-to-2023-300534033.html SOURCE Reportlinker |