Market Research Future published a research report on “PC Based Automation Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Overview:
Implementing software-based applications in processing operational units by manufacturing industries adds flexibility for production units to reduce capital and operational cost. This modern approach is used by manufacturing sectors with the help of a PC-based automation. Additionally, open source systems for industrial automation are gradually gaining popularity among manufacturing sectors, machine builders, and Original Equipment Manufacturers (OEM). The implementation of open source systems in automation is considered a competitive advantage, which is able to develop new features, flexibilities, and possibilities.
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However, high installation cost associated with automated solutions are anticipated to be a hindering factor for the growth of the market, over the forecast period.
Key Players:
Some of the key players of PC Based Automation Market include General Electric (U.S.), Honeywell International (U.S.), Beckhoff Automation (Germany), Emerson Electric (U.S.), Mitsubishi Electric (Japan), OMRON Corporation (Japan), Robert Bosch (Germany), IDEC (Japan), Schneider Electric (France), Siemens (Germany),Kontron S&T (Germany), ABB (Switzerland), Advantech (Japan), Rockwell Automation (U.S.), and Yokogawa Electric (Japan)
PC-based automation market is segmented into offering, component, and industry verticals.
By offering, the market is categorized into hardware, software, and services. The service sub-segment comprises professional and managed services. Professional services include consulting services, software development, design & implementation, maintenance & support, installation & training, and others.
By components, the market is sub-categorized into Human-Machine Interface (HMI), Programmable Logic Controller (PLCs), distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), industrial PCs, and others. Furthermore, PLC is considered as one of the most vital components of PC-based automation systems. It is extensively used in almost all industrial applications to monitor and control automation of discrete and processing industries. Additionally, PLCs are constantly developing sophisticated features, such as high speed, scalability, high expandable memory, and greater programming flexibility. In the light of these factors, PLC is expected to have significant growth over the forecast period.
By industry verticals, the market is sub-categorized into process industry and discrete industry. Furthermore, process industry includes oil & gas, chemicals, pharmaceuticals, mining & metals, food & beverages, energy & power, and others. Discrete industry includes automotive, semiconductor & electronics, aerospace & defense, medical devices, machine manufacturing, and others.
According to Market Research Future analysis, PC-based automation market has been valued at approximately over USD 36 billion, growing at 8% CAGR, during the forecast period 2017-2023.
Regional Analysis
Geographically, the PC-based automation market is segmented into four different regions, namely North America, Asia-Pacific, Europe, and Rest of the World. Asia-Pacific is anticipated to be the fastest growing region in the PC-based automation market over the forecast period. India, Japan, and China are the leading countries in the region, owing to rapidly increasing manufacturing industries. North America is also expected to have substantial growth in the market. The United States, Canada, and Mexico are expected to be the leading countries in the region. This is attributed to the presence of robust and sophisticated industrial manufacturing infrastructure. The Middle East & Africa are expected to have a gradual growth, owing to a large number of oil and gas industries.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Business Function
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Global PC-Based Automation Market
5 Industry Overview Of Global PC-Based Automation Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
Continued…
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