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Industrial Controls and Factory Automation Market Informatio

Integration of smart mechanical systems with IT technology has pushed the Industrial Controls and Factory Automation Market to the new heights. These systems are now being used in the industries to make the standardized and reliable production activities. Scope of the report The research report categorizes the Industrial controls and Factory automation Market on the basis of different technologies & services, field devices, applications, and geographical regions. On the basis of Technologies & Services The different technologies & services for industrial controls and factory automation systems include industrial control systems (ICS), manufacturing execution system (MES), enterprise resource planning, integrated manufacturing system, machine vision systems, motion control drives, information technology system, and system integration services.

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Industrial Controls and Factory Automation Market Informatio

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  1. MarketsandMarkets Presents Industrial control and Factory Automation Market worth $301.9 Billion by 2020 Publishing Date: May 2014

  2. The new market research report “Industry Control and Factory Automation Market by Technology (ICS, MES, ERP, ITS), Field Devices (Industrial Network, RFID, Industrial Robotics and Control Devices), Application (Process, Discrete) - Global Forecast & Analysis to 2014 - 2020” published by MarketsandMarkets, the market is expected to grow at a CAGR of 8.53% from 2014 to 2020. • Browse • 106market data tables • 58figures • 283 pages and in-depth TOC on “North America Electromagnetic NDT Market”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=541 • You can get PDF Boucher@ • http://www.marketsandmarkets.com/pdfdownload.asp?id=541

  3. Source: MarketsandMarkets Analysis Industrial control and Factory Automation  by 2020 Source: MarketsandMarkets Analysis

  4. The Industrial control and Factory automation is an emerging trend in the manufacturing organizations, providing smart manufacturing setup. The Industrial Control and Factory Automation provide cost efficiency, quality and standard production, reliability and flexibility in the production process. The industrial control and factory automation includes the perfect blend of mechanical components, devices and Information Technology. The emerging applications like Heating Ventilation Air Conditioning (HVAC) systems, Human Machine Interface (HMI) and electronic power distribution systems will further surge the demand of industrial controls and automation systems in the coming future. The overall Industrial control and Factory automation is segmented on the basis of: Technology, Field Devices, Applications and Geography markets. All the major segments are further segmented into sub segments, with separate classification. The Industrial control and Factory Automation market is expected to reach to $301.9 Billion by the year 2020, from $171.2 Billion in 2013, with a projected CAGR of 8.53% The emphasis by market players on energy saving and efficiency improvement is driving the market, with other market driver factors like internet of things and services integrating manufacturing and engineering, country and government impetus to manufacturing activities and shifting manufacturing base.

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  6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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