October 23, 2020

Top 10 Best Industrial Automation And Control Systems Companies in 2020

Industrial automation is the use of control systems and information technologies for handling processes and machinery in an industry. The industrial automation and control systems market is highly fragmented with the presence of a large number of players operating in the market. The industrial automation and control systems market is primarily driven by the growing popularity of automation across different industry verticals.

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The List of Companies

1. ABB Ltd
2. Delta Electronics, Inc.
3. Honeywell International Inc
4. Kawasaki Heavy Industries, Ltd.
5. Mitsubishi Electric Corporation
6. Rockwell Automation, Inc.
7. Rohmann-Automation GmbH
8. Schneider Electric
9. Siemens
10. Yokogawa Ltd

The growing focus towards reducing labor and operational expenses and increasing demand for enhancing productivity and reducing human error are some of the significant factors driving the growth of the industrial automation and control systems market. However, high costs of automation systems might hinder the growth of the industrial automation and control systems market. The growing popularity of industrial automation in the emerging economies is creating opportunities for the companies operating in the market to achieve a strong market position.

The global industrial automation and control systems market is segmented on the basis of control system, component, and end-use industry. Based on control system, the market is segmented as DCS, PLC, SCADA, and others. Based on component, the market is segmented as HMI, industrial robots, control valves, sensors, and others. On the basis of end-use industry the market is segmented as automotive, chemical, energy and utilities, food and beverage, healthcare, manufacturing, and others.

Source: The Insight Partners