Industrial Control Systems Market Share

Market Share of Industrial Control Systems Industry

The industrial control system market is fragmented. The players are focusing on R&D activities to attain a competitive advantage. These key players compete based on innovation, pricing, and service. Expansion in the emerging market helps the established key players to extend their sales networks. GE Digital, Siemens AG, Schneider Electric AG, SAP, ABB Group, Fanuc, Honeywell International Inc., Bosch, and Cisco Systems are some companies that provide the industrial internet platform.

• October 2021- Dragos raises USD 200 million in series D funding at a post-money valuation of USD 1.7 billion to protect industrial customers from cyberattacks. According to the company, this is the largest funding round and highest valuation ever achieved by an operational technology (OT) cybersecurity company.

Industrial Control Systems Market Leaders

1. Siemens AG

2. ABB Automation Company

3. Omron Corporation

4. Honeywell International Inc.

5. Rockwell Automation Inc.

*Disclaimer: Major Players sorted in no particular order