Industrial Control Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Industrial Control Systems Market is Segmented by Operational Technology (Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Intelligent Electronic Devices (IED), Human Machine Interface (HMI), and Other Systems), by Software (Asset Performance Management (APM), Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Enterprise Resource Planning (ERP)), by End-User Industry (Oil & Gas, Chemical and Petrochemical, Power & Utilities, Food & Beverages, Automotive & Transportation, Life Sciences, Water & Wastewater, Metal & Mining, Pulp & Paper, Electronics/Semiconductor, Other End-User Industries), and by Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Industrial Control Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Industrial Control Systems Industry Overview

The industrial control system market is fragmented. The players are focusing on R&D activities to attain a competitive advantage. These key players compete based on innovation, pricing, and service. Expansion in the emerging market helps the established key players to extend their sales networks. GE Digital, Siemens AG, Schneider Electric AG, SAP, ABB Group, Fanuc, Honeywell International Inc., Bosch, and Cisco Systems are some companies that provide the industrial internet platform.

  • Sep 2022 - The OpreXMagnetic Flowmeter CA Series has been released and reported by Yokogawa Electric Corporation. The OpreXField Instruments family is releasing this new product series to replace the ADMAG CA Series. This new line of products includes capacitance-type magnetic flowmeters, which can measure the flow of conductive fluids via a measurement tube without the fluids touching the device's electrodes. The product's main target markets will be chemicals, paper and pulp, mining, food and beverage, water, and sewerage.
  • Aug 2022 - OMRON has unveiled i-Data-Managed Solution Service Implementation (i-DMP). This data-centric solution will enable the clients to solve their issues in a timely manner by simplifying the integration of various types of data, which was never intended for the purpose of improving factory floors. The i-DMP will gather and store data, as needed, dispersed throughout the manufacturing floor, such as those from existing systems and PLCs, in the edge region in real time for uniform data management. It is connected to various networks, relational databases (RDB), and factory automation (FA) devices.

Industrial Control Systems Market Leaders

  1. Siemens AG

  2. ABB Automation Company

  3. Omron Corporation

  4. Honeywell International Inc.

  5. Rockwell Automation Inc.

  6. *Disclaimer: Major Players sorted in no particular order
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