Industrial Controls System Market - Global Industry Analysis and Forecast 2021

Transparency Market Research has published a new report that studies the global industrial controls systems market. The research report, titled “Industrial Controls System Market - Global Industry Analysis Size Share Growth Trends and Forecast 2015 - 2021”, gives a comprehensive overview of the market dynamics governing this market and its impact on the overall economy. According to the research report, the global industrial controls system market was valued at US$58 billion in 2014 and is expected to be worth US$81 billion by 2021, growing at a robust CAGR of 4.9% from 2015 to 2021.

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Industrial control systems are a network of interconnected equipment that are used for supervising and controlling physical equipment in several industrial environments. These systems include numerous control systems such as supervisory control and data acquisition (SCADA) systems, distributed control systems (DCS), and programmable logic controllers (PLC). They are primarily used for remote supervision, process automation, and critical infrastructure automation. SCADA systems are employed for obtaining data from remotely placed devices such as transmitters, pumps, and valves, among others. These systems help in gathering data from faraway devices and transferring it to the master control unit for enhancing control. Distributed control systems or DCS are interlinked networks that ease the controlling activity of several processes that may be spread out over facilities. On the other hand, programmable logic controllers are deployed for making electromechanical processes such as controlling assembly lines in a factory, machinery, or light fixtures automatic.