Industrial Controls and Factory Automation Market by Technology

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MarketsandMarkets Presents
Industrial control and Factory Automation Market
worth 301.9 Billion by 2020
Publishing Date May 2014
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The new market research report Industry Control
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 published by MarketsandMarkets, the market
is expected to grow at a CAGR of 8.53 from 2014
to 2020. Browse 106 market data tables 58
figures 283 pages and in-depth TOC on North
America Electromagnetic NDT Market. You can
speak to our analyst_at_ http//www.marketsandmarkets
.com/speaktoanalyst.asp?id541 You can get PDF
Boucher_at_ http//www.marketsandmarkets.com/pdfdownl
oad.asp?id541
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Source MarketsandMarkets Analysis
Industrial control and Factory Automation  by 2020
Source MarketsandMarkets Analysis
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The Industrial control and Factory automation is
an emerging trend in the manufacturing
organizations, providing smart manufacturing
setup. The Industrial Control and Factory
Automation provide cost efficiency, quality and
standard production, reliability and flexibility
in the production process. The industrial control
and factory automation includes the perfect blend
of mechanical components, devices and Information
Technology. The emerging applications like
Heating Ventilation Air Conditioning (HVAC)
systems, Human Machine Interface (HMI) and
electronic power distribution systems will
further surge the demand of industrial controls
and automation systems in the coming future. The
overall Industrial control and Factory automation
is segmented on the basis of Technology, Field
Devices, Applications and Geography markets. All
the major segments are further segmented into sub
segments, with separate classification. The
Industrial control and Factory Automation market
is expected to reach to 301.9 Billion by the
year 2020, from 171.2 Billion in 2013, with a
projected CAGR of 8.53 The emphasis by market
players on energy saving and efficiency
improvement is driving the market, with other
market driver factors like internet of things and
services integrating manufacturing and
engineering, country and government impetus to
manufacturing activities and shifting
manufacturing base.
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