Industrial automation control: Key market research findings
- Increasing use of cloud-based SCADA systems
- Growing preference for PLC
Technavio has released a new market research report on the industrial automation control market in APAC, to its industrial automation portfolio. The industrial automation control market in APAC is expected to grow at a CAGR of 8% between 2016 and 2020, owing to the surge in the demand for chemical and petrochemical products in the region. The high adoption of automation controls solutions across chemicals plants in China, Japan, South Korea, India, and Taiwan is propelling the growth of this market.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Of late the market is witnessing the adoption of cloud-based supervisory control and data acquisition (SCADA) applications. Cloud-based SCADA enables end-users to control and monitor sensors and transmitters by using the Internet. It eliminates the need for on-premise software installation as it is accessible through the cloud, leading to a reduction in initial investment. Moreover, it’s highly accurate, reliable, and aids scalability and faster deployments,” says Bharath Kanniappan, Lead Analyst, Industrial Automation, Technavio Research.
Customers are opting for programmable logic controller (PLC) owing to its low price, high flexibility, and low maintenance. Rapid industrialization has contributed to the high adoption rate of PLC across industries in APAC. For instance, as of 2015, China has more than 120 automobile production plants, where a majority of the plants are using PLC for their automation solution needs.
The key vendors in the industrial automation control market in APAC include ABB, Siemens, Rockwell Automation, Honeywell, and Schneider Electric. This market has the presence of numerous small, medium, and large vendors, including international and regional players. However, the market is dominated by few large international vendors. These international vendors provide a broad product and service portfolio, which comes with multiple features and functionalities and service options for different end-user segments.
A more detailed analysis is available in the Technavio report, Industrial Automation Control Market in APAC 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
- PLC Market in APAC 2015-2019
- DCS Market in APAC 2015-2019
- SCADA Market in the APAC Region 2015-2019
- Manufacturing Execution Systems (MES) Market in APAC 2015-2019
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