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(Transportation-News.com, October 17, 2014 ) An industrial automation solution helps organizations, especially those in the process and discrete industries, optimize their business operations through the efficient control of various processes. There are five major types of industrial automation solution: DCS, MES, SCADA, APC, and PLC. These automation solutions improve organizational efficiency by facilitating uninterrupted system operations. In addition, they help companies by providing real-time information, which improves the efficiency of the entire plant and reduces the total cost of ownership.
Analysts forecast the Global Industrial Automation market in the Chemical and Petrochemical industry to grow at a CAGR of 7.22 percent over the period 2013-2018.
Covered in this Report
Based upon the type of automation solution, the Global Industrial Automation market in the Chemical and Petrochemical industry can be classified into five segments: DCS, MES, SCADA, APC, and PLC.
Global Industrial Automation Market in the Chemical and Petrochemical Industry 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Industrial Automation market landscape in the Chemical and Petrochemical industry and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Regions
Americas APAC EMEA
Key Vendors
ABB Emerson Electric Honeywell International Siemens Yokogawa Electric
Other Prominent Vendors
Bharat Heavy Electricals Control Systems International General Electric Invensys Metso Mitsubishi Heavy Industries Omron Toshiba International
Market Driver
Increased Demand for Chemical and Petrochemical Products from APAC Region For a full, detailed list, view our report
Market Challenge
Reluctance of Chemical and Petrochemical Industry to Migrate to Latest Technology For a full, detailed list, view our report
Market Trend
Development of Integrated Safety Solutions For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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