Global Control Systems - Market Summary, Competitive Analysis and Forecast to 2025
Global Control Systems - Market Summary, Competitive Analysis and Forecast to 2025Summary
Global Control Systems industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The control systems market is made up of programmable logic controllers (PLC) and distributed control systems (DCS). It does not include PC-based control systems and software. A control system is a device, or set of devices, that manages, commands, directs or regulates the behavior of other device(s) or system(s). Industrial control systems are used in industrial production.
- The global control systems market had total revenues of $20.6bn in 2020, representing a compound annual growth rate (CAGR) of 0.3% between 2016 and 2020.
- The DCS segment was the market's most lucrative in 2020, with total revenues of $12.1bn, equivalent to 58.7% of the market's overall value.
- Looking forward, government policies aimed at boosting the industrial sector could have positive consequences for growth in the global control systems market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the control systems market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global control systems market
- Leading company profiles reveal details of key control systems market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global control systems market with five year forecasts
Reasons to Buy
- What was the size of the Global control systems market by value in 2020?
- What will be the size of the Global control systems market in 2025?
- What factors are affecting the strength of competition in the Global control systems market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's control systems market?
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