MRO Magazine

Research and Markets: Industrial Automation Control Market in APAC 2016-2020 – Surge in Demand for Chemical & Petrochemical Products


January 12, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/6z4drf/industrial) has announced the addition of the “Industrial Automation Control Market in APAC 2016-2020” report to their offering.

The report 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.

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.

Companies Mentioned:

  • ABB
  • Honeywell
  • Rockwell Automation
  • Schneider Electric
  • Siemens
  • Emerson Electric
  • GE
  • Metso
  • Mitsubishi Heavy Industry
  • Omron
  • Yokogawa Electric
  • Toshiba.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Market segmentation by end-user

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/6z4drf/industrial

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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