United States Factory Automation and Industrial Controls Market - By Products (Field Devices, Industrial Control Systems, Manufacturing Execution Systems,Enterprise Resource Planning, Product Lifecycle Management ), Industry, Trends, Forecast - (2017 - 2022)
The US Factory Automation and Industrial Controls market is valued at USD 38.417 billion in 2016 and is expected to reach a value of USD 55.992 billion by the end of 2022, growing at a projected CAGR of 6.48% during the forecast period of 2017 – 2022. The U.S is a major market for factory automation and industrial control within the North American region. The demand for advanced manufacturing robotic technologies would help to quite an extent for the growth of the market in the region. The increased competitiveness among the vendors and manufacturers is expected to bring about an interesting growth prospect in the world of industrial automation. The government favoured industry-friendly policies will also help the factory automation market grow. The US has also been one of the largest automotive markets in the world and is home to over 13 major auto manufacturers. The automotive manufacturing has been one of the largest revenue generators for the country in the manufacturing sector. The focus on building a high-end cyber-physical system to improve productivity by delivering connected, intelligent manufacturing systems capable of supporting high-levels of customization, flexibility, and end-to-end manufacturing process automation would help the market to grow. The report analyses the strategies and developments employed by the major players in the market like ABB, General Electric, Siemens, etc., and offers a comprehensive overview of the market. Key Deliverables of the Study -¢ Market analysis of the United States factory automation and industrial controls market, with region-specific assessment and competition analysis on a regional scale. -¢ Market definition, along with the identification of key drivers and restraints. -¢ Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale. -¢ Extensively researched competitive landscape section with profiles of major companies, along with their market share. -¢ Identification and analysis of the macro and micro factors that affect the United States factory automation and industrial controls market on a regional scale. -¢ A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. -¢ A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market. -¢ Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.