Asia Pacific Industrial Control System - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Asia Pacific Industrial Control System is segmented by End-User(Automotive, Chemical and Petrochemical, Power and Utilities, Pharmaceuticals, Food and Beverage, Oil and Gas, Electronics and Semiconductor) and Country.

Market Snapshot

Asia Pacific Industrial Control System
Study Period: 2019-2026
Base Year: 2021
CAGR: 9.83 %

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Market Overview

The Asia Pacific Industrial Control System market is expected to register a CAGR of 9.83% over the forecast period (2021 - 2026). The outbreak of COVID-19 has triggered the manufacturing sector to re-evaluate its conventional production processes, fundamentally driving the digital transformation and factory automation practices across the production lines. The manufacturers are also collectively forced to devise and deploy multiple new and agile approaches to monitor product and quality control.​​

  • With the advent of the Industrial Internet of Things (IIoT), the sheer volume of real-time data (Big Data) is expected to bring a massive change to the way control systems function at present. As per the latest survey by GE, 58% of manufacturers say IoT is required to transform industrial operations digitally. Accenture also predicts that IIoT could add USD 14.2 trillion to the global economy by 2030.
  • According to the X-Force Threat Intelligence Index 2020 from IBM, the threat targets on ICS and Operational Technologies (OT) assets have increased over 2,000% since 2018. The incidence of targeting OT assets in 2019 was more significant than the volume of activity observed in the past three years combined. The majority of these targets used a combination of known vulnerabilities within ICS hardware components and supervisory control and data acquisition (SCADA) in addition to brute-force login tactics such as password-spraying attacks.
  • Favorable government initiatives have helped strengthen the awareness and training of skilled workers in the smart factory environment. The government announced to provide support to help train 40,000 skilled workers to operate fully automated manufacturing sites through various educational programs while diversifying support. The present target of 30,000 smart factories by 2025 by the government was increased from the previous goal of 10,000 by 2020 to keep pace with the fast evolution of complete digitalization and automation in the Fourth Industrial Revolution. In line with this, in 2020, the Korean government had invested USD 414.4 million into R&D projects to incentivize SME companies to advance and upscale for technologies.
  • ICS and IT are, historically, not unified. Integration of their ICS with their IT departments is one of the most common challenges that organizations are facing. The need to integrate these two increased significantly with evolving industrial automation technology. However, due to the lack of coordination between the IT teams and processor operations departments, in most organizations, the security of ICS critical infrastructure is at risk of industrial espionage and sabotage. Further, the lack of required personnel to bridge the gap between operations and IT is also leading to complexity in the implementation of security systems.

Scope of the report

Industrial control systems (ICT) security includes securing and safekeeping industrial control systems and the software and hardware that are used by the system. It focuses on keeping processes and machinery running smoothly. The offered solutions include integrated hardware and software packaged to control and monitor the operation of machinery and associated devices operating in industrial environments.

By End-User Industry
Automotive
Chemical and Petrochemical
Power and Utilities
Pharmaceuticals
Food and Beverage
Oil and Gas
Electronics and Semiconductor
Others
By Country
China
India
Japan
Rest of Asia Pacific

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Key Market Trends

Automotive is One of the Segment Driving the Market

  • The adoption of industrial control systems by various companies is a notable trend in the country. The advanced systems allow ease of production in factories. This also points to the gradual shift of companies from depending on manual labor to advanced technology-based systems that allow the automation of the facility.
  • Various companies are thereby adopting the new technologies to further the annual outputs. For instance, Northern Copper Industry Co., Ltd, a company producing aw material copper stock in North China, selected ABB for the installation of an electrical and automation system, comprising of ABB Ability System 800xA distributed control system (DCS) to optimize the production capacity of the company to garner the annual output of 50,00 tons of rolled copper strip and foil production.
  • The adoption of industrial control systems by various companies is a notable trend in the country. The advanced systems allow ease of production in factories. This also points to the gradual shift of companies from depending on manual labor to advanced technology-based systems that allow the automation of the facility.
  • Various companies are thereby adopting the new technologies to further the annual outputs. For instance, Northern Copper Industry Co., Ltd, a company producing aw material copper stock in North China, selected ABB for the installation of an electrical and automation system, comprising of ABB Ability System 800xA distributed control system (DCS) to optimize the production capacity of the company to garner the annual output of 50,00 tons of rolled copper strip and foil production.
Asia Pacific Industrial Control System

Convergence of IT and OT Networks Will Drive the Market

  • More and more industrial companies are integrating their IT and OT networks to remain competitive and make better business decisions. The convergence of IT and OT enables more direct control and complete monitoring. The analysis of data from these complex systems can be executed without much effort from anywhere in the world.
  • However, the integration of these two technologies requires consideration of security. The majority of the OT systems were never designed for remote accessibility, and the connectivity risks were not considered. As a result, these systems may not be regularly updated, leading to vulnerabilities. This could leave critical infrastructure and organizations at risk of industrial espionage and sabotage.
  • With a more significant number of industrial control systems, sensors, and other controllers acting as industrial internet of things (IIoT) endpoints due to the converged IT/OT network, organizations are more vulnerable to cyberattacks and increased security risk.
  • An attack on an OT or IT network can compromise assets on the other due to the possibility of lateral movement. For instance, a successful attack on critical functions of a control system, such as electric power, clean running water, manufacturing processes, and life-saving healthcare treatments, could result in a corporate data breach, leading to a catastrophe. Similarly, infiltration of an enterprise IT network could lead to an ICS attack.
Asia Pacific Industrial Control System

Competitive Landscape

The Asia Pacific Automated Test Equipment market is Moderately Consolidated, with many market players cornering a very minimal share in the market. The development of regional markets and increasing shares of local players in foreign direct investments are the major factors promoting the fragmented nature of the market.

  • June 2021: ABB Ability System 800xA 6.1.1 represents an evolution in automated control and plant operations for the future, solidifying the company's position as the market player in DCS. The latest version of ABB's flagship DCS enables decision-makers to future-proof their plants by improving industry collaboration.
  • July 2021: Schneider Electric, a player in energy management and automation's digital revolution, has announced the availability of Geo SCADA as a Managed Service. The OT-oriented solution, a first in the industry, will allow customers to share the management and maintenance of their telemetry system with Schneider Electric. Schneider Electric's solution improves the internal support structure by removing the maintenance component, allowing domain specialists to enhance and develop the estate.

Recent Development

  • September 2021: Rockwell Automation, Inc. and Ansys announced that the enhanced Studio 5000 Simulation Interface now connects with Ansys digital twins. This opens up new possibilities for automation and process engineers to improve the design, deployment, and performance of industrial operations through simulation. Rockwell Automation industrial control systems are linked to simulation and modeling tools via the Studio 5000 Simulation Interface. The tool's current update adds support for Ansys Twin Builder, a popular software for creating simulation-based digital twins or digital reproductions of physical objects.
  • June 2021: Honeywell, a company that specializes in industrial cybersecurity, has launched the Honeywell Advanced Monitoring and Incident Response (AMIR) service. The service delivers cybersecurity detection and rapid response for current and upcoming cyber threats 24/7: this safeguards industrial control systems (ICS) and operational technology networks from cyber-attacks.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Value Chain Analysis

    3. 4.3 Industry Attractiveness: Porter's Five Forces Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Buyers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Intensity of Competitive Rivalry

      5. 4.3.5 Threat of Substitute Products

    4. 4.4 Assessment of the Impact of COVID-19 on the Industry

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Rising Incidence of Cyberattacks

      2. 5.1.2 Convergence of IT and OT Networks

    2. 5.2 Market Restraints

      1. 5.2.1 Complexity in Implementing the Security Systems

    3. 5.3 Emergence of Various Business Models in ICS Security Industry

  6. 6. MARKET SEGMENTATION

    1. 6.1 By End-User Industry

      1. 6.1.1 Automotive

      2. 6.1.2 Chemical and Petrochemical

      3. 6.1.3 Power and Utilities

      4. 6.1.4 Pharmaceuticals

      5. 6.1.5 Food and Beverage

      6. 6.1.6 Oil and Gas

      7. 6.1.7 Electronics and Semiconductor

      8. 6.1.8 Others

    2. 6.2 By Country

      1. 6.2.1 China

      2. 6.2.2 India

      3. 6.2.3 Japan

      4. 6.2.4 Rest of Asia Pacific

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles

      1. 7.1.1 IBM

      2. 7.1.2 Siemens AG

      3. 7.1.3 ABB

      4. 7.1.4 Honeywell International Inc.

      5. 7.1.5 Tofino Security

      6. 7.1.6 Kasa Companies Inc

      7. 7.1.7 Kasa Companies Inc

      8. 7.1.8 Schneider Electric

      9. 7.1.9 Sourcefire Inc.

      10. 7.1.10 Juniper networks Inc.

    2. *List Not Exhaustive
  8. 8. INVESTMENT ANALYSIS

  9. 9. MARKET OUTLOOK

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Frequently Asked Questions

The APAC ICS Market market is studied from 2019 - 2026.

The APAC ICS Market is growing at a CAGR of 9.83% over the next 5 years.

IBM, Siemens AG, ABB, Honeywell International Inc., OMRON Corporation are the major companies operating in APAC ICS Market.

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