Market Share of Latin America Factory Automation And Industrial Controls Industry
The Latin American factory automation and industrial controls market exhibits significant fragmentation, featuring prominent players like Rockwell Automation Inc., Honeywell International Inc., General Electric Company, ABB Limited, and Dassault Systemes SE. These key participants employ strategic approaches, including partnerships and acquisitions, to bolster their product portfolios and establish a sustainable competitive edge.
- March 2024: Rockwell Automation Inc., a global industrial automation and digital transformation technology provider, entered a multi-year collaboration with Prometeon Tyre Group. This collaboration would enhance Prometeon’s digitalization strategy by implementing its manufacturing execution system (MES) to enable digital integration across all of Prometeon’s facilities.
- March 2024: In response to rising demand, ABB expanded its electrification service presence in Latin America by opening a unit in Colombia. This complemented ABB’s established Electrification businesses in Colombia. It helps customers improve the performance, lifetime, and operational efficiency of electrical assets. It is also expected to create a cross-selling and up-selling market opportunity for the company.
Latin America Factory Automation And Industrial Controls Market Leaders
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Rockwell Automation Inc.
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Honeywell International Inc.
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General Electric Company
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ABB Limited
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Dassault Systemes SE
*Disclaimer: Major Players sorted in no particular order
