Industrial Automation Control Market in APAC 2016-2020
Market outlook for the industrial automation control market in APAC
Technavio's research analyst predicts the industrial automation control market in APAC to grow steadily at a CAGR of 8% during the forecast period. The surge in the demand for chemical and petrochemical products from APAC is the primary growth driver for this market. The high adoption of automation control solutions across chemicals plants in China, Japan, South Korea, India, and Taiwan has been contributing to the growth of the market. For instance, during 2013, China accounted for more than one-third of the global chemicals trade.
The adoption of cloud-based SCADA is expected to boost the market growth during the forecast period. 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.
Competitive landscape and key vendors
The industrial automation control market in APAC 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.
The top vendors in the market are -
ABB Honeywell Rockwell Automation Schneider Electric Siemens Other prominent vendors in the market include Emerson Electric, GE, Metso, Mitsubishi Heavy Industry, Omron, Yokogawa Electric, and Toshiba.
Product segmentation and analysis of the industrial automation control market in APAC
APC DCS MES PLC SCADA PLC constituted 33% of the market share during 2015. Low price, high flexibility, and low maintenance has made PLC a preferred choice among several customers. 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.
End-user segmentation and analysis of the industrial automation control market in APAC
Process industry Discrete industry The process industries accounted for 82% of the market share during 2015. These industries require continuous monitoring and control of fluids such as water, milk, and oil. Automation control products, along with valves and other flow instruments, constantly monitor and regulate the flow and mixing of such fluids during the production process.
Key questions answered in the report include
What will the market size and the growth rate be in 2020? What are the key factors driving the industrial automation control market in APAC? What are the key market trends impacting the growth of the industrial automation control market in APAC? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the vendors in the industrial automation control market in APAC? What are the key outcomes of the five forces analysis of the industrial automation control market in APAC? 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
Technavio Announces the Publication of its Research Report – Industrial Automation Control Market in APAC 2016-2020
Technavio recognizes the following companies as the key players in the Industrial Automation Control Market in APAC: ABB, Honeywell, Rockwell Automation, Schneider Electric and Siemens
Other Prominent Vendors in the market are: Emerson Electric, GE, Metso, Mitsubishi Heavy Industry, Omron, Yokogawa Electric, and Toshiba.
Commenting on the report, an analyst from Technavio’s team said: “The use of cloud-based SCADA systems is a trend emerging in the global SCADA market. Generally, SCADA systems are installed to control and monitor sensors and transmitters installed in the facility. A controller or operator sits insides the facility and controls applications with the help of a human machine interface (HMI). The integration of cloud computing technology with SCADA systems enables operators to control applications via the Internet.”
According to the report, the concept of MAC arose from end-users that demand complete solutions from automation manufacturers. MAC handles coordination, installation, and maintenance of all automation and related activities and reduces the number of people required. MAC is also responsible for coordinating with other automation manufacturers to provide automation solutions or products that are not available to them.
Further, the report states that limited awareness of the underlying benefits of implementing APC solutions is hindering market growth.
ABB, Honeywell, Rockwell Automation, Schneider Electric, Siemens, Emerson Electric, GE, Metso, Mitsubishi Heavy Industry, Omron, Yokogawa Electric, and Toshiba.