Manufacturing and Process Control: Sensors, Relays and Software Markets
The global market for manufacturing and process control is expected to grow from $86.7 billion in 2020 to $117.7 billion by 2025 with a compound annual growth rate (CAGR) of 6.3% for the period of 2020-2025.
- 112 tables
- A descriptive overview of the global manufacturing and process control market, a major segment of the industrial control systems (ICS)
- Analyses of the global market trends, with substantial market analysis data from 2019, estimates for 2020 and projections of compound annual growth rates (CAGRs) for a five-year forecast period through 2025
- Identification of viable technology drivers through a comprehensive look at Industry 4.0 connected sensors, relays and controllers within the industrial network infrastructure, end users, and adoption of ICS components across various industry verticals
- Identification of companies best-positioned to meet the demand for huge supply-demand of industrial components owing to their proprietary technologies, mergers and acquisitions, strategic alliances or other demographic/economic advantages
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global manufacturing and process control market
- Market share analysis of manufacturers and suppliers of industrial control components operating within the region, their product offerings and key competitive landscape
- Detailed profiles of the market leading companies, including Hewlett Packard, Infosys, Mitsubishi Electric Corp., Tata Consultancy Services (TCS), Bosch Group and Emerson Electric Corp.
The manufacturing and process control market can be segmented into the following categories:
- By software: product development process software, product lifecycle management software, enterprise resource planning software, and computer-aided design and manufacturing software.
- By sensors and relays: Photoelectric sensors, fiber optic sensors, laser sensors, proximity sensors, pressure sensors, temperature sensors, other sensors, and overcurrent relays, temperature relays, and time relays.
- By end-user: automotive, electronics and semiconductors, pharmaceuticals, textiles, chemicals, and others.
- By region: North America is segmented into the United States, Canada and Mexico; Europe is segmented into the United Kingdom, France, Germany, Italy, and others; Asia-Pacific (APAC) is segmented into China, Japan, India, and South Korea; Latin America, Middle East and Africa (LAMEA) includes Saudi Arabia, Brazil and other countries.
Research Analyst Sinha G. Gaurav holds an MBA in finance from ICFAI Business School, Hyderabad (India), and a bachelor's degree in electrical engineering from Rajasthan University (India). His primary focus is in the electronics and semiconductor markets. He has nine years of experience in the field of market research in electronics, finance and database designing. His areas of interest include semiconductors, automation, industrial controls, robotics and nanotechnology. His publications focus on subjects such as quantum dots, photonic sensors and detectors, LIDAR, ultrafast lasers, home automation, helmet-mounted displays (HMDs), factory automation and radio frequency (RF) components, among others.