asia-pacific-process-automation-market-industry
Published

February 2017

Asia-Pacific Process Automation Market - By Technology (SCADA, PLC, DCS, MES), Protocol (Wired, Wireless), Solutions (Hardware, Software, Services), Industry, Geography, Trends, Forecast - (2017 - 2022)

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The market for process automation in Asia-Pacific is expected to reach USD 33.20 billion by the end of 2022, growing at a CAGR of 12.19% from the current estimates of USD 16.65 billion.

Automation has become an important part of modern manufacturing and industrial processes. It helps enterprises realize high-quality products at profitable prices and develop technologies to reduce operational constraints. Companies all over the world are automating their processes with the help of different technologies like SCADA, DCS, MES, and PLC. The demand for these technologies is escalating and many vendors are manufacturing solutions to help enterprises achieve efficiency in their manufacturing process.

Drivers

Some of the factors driving the market are:

  • Government incentives for the manufacturing industry
  • Environmental regulations and safety standards to maintain
  • The cost of solutions has been reducing consistently
  • Increase in labor market wages

The key restraint facing the market is the dependence of the economy on North America and Europe.

The report will be of assistance in providing a comprehensive analysis of the major trends, innovations, and associated prospects for market growth over the coming half a decade. The report will be an ideal source material for industry consultants, manufacturers, and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered. The report contains a wide range of information about the leading market players and the major strategies adopted by them.

Some of the key players in the market are:

  • ABB
  • Emerson
  • Honeywell
  • Mitsubishi
  • Rockwell Automation
  • Schneider Electric
  • Siemens

What the Report Offers

  • Market definition along with identification of key drivers and restraints for the market
  • Market analysis with region specific assessments and competition analysis on a global and regional scale
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share
  • Identification and analysis of the macro and micro factors that affect the industry on both global and regional scale
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
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