"Industrial Control and Factory Automation Market by Solution
(SCADA, PLC, DCS, MES, PLM, PAM, Functional Safety), Component (Industrial Robots,
Industrial 3D Printing, Control Valves, Machine Vision, HMI), Industry and
Geography - Global Forecast to 2024", The industrial control and factory
automation market is likely to reach USD 269.5 billion by 2024 from USD 160.0
billion in 2018, at a CAGR of 9.08%. The growth of this market can be
attributed to the increasing use of enabling technologies in manufacturing,
rising adoption of industrial robots in manufacturing sector, connected supply
chain along with mass production to cater rising population, government
initiatives towards, the adoption of industrial automation in various
industries.
Get Ready: MCAA Industry Forum : Action Today - Success Tomorrow
TUCSON--The Measurement, Control
& Automation Association (MCAA), representing leading manufacturers and
distributors of instrumentation, systems and software used in industrial
process control and factory automation around the world, opened the MCAA
Industry Forum in Tucson, Arizona celebrating its 75-year history. know more
• Download Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=541
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Major players operating in the industrial control and factory automation
market Emerson (US), ABB (Switzerland), Siemens (Germany), General Electric
(US), Schneider (France), Endress+Hauser (Switzerland), Yokogawa (Japan),
Honeywell (US), WIKA (Germany), Azbil (Japan), Fuji Electric (Japan), 3D
Systems (US), HP (US), FANUC (Japan), STRATASYS (US), Progea (Italy), Hitachi
(Japan), Vega (Germany), Danfoss (Denmark), Tegan Innovations (Ireland), Krohne
(Germany), Rockwell (US), Chaos Prime (US) and Dwyer (US), among many others.
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