Industrial Control Systems (ICS) Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018-2028, Segmented by Software (Supervisory Control and Data Acquisition System (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Enterprise Resource Planning (ERP), Human Machine Interface (HMI), Others), By End User (Oil and Gas, Chemical and Petrochemical, Po
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIndustrial Control Systems (ICS) Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018-2028, Segmented by Software (Supervisory Control and Data Acquisition System (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Enterprise Resource Planning (ERP), Human Machine Interface (HMI), Others), By End User (Oil and Gas, Chemical and Petrochemical, Po
An electronic control system and related instrumentation are referred to as an industrial control system and are used to regulate industrial processes. Small networked and interactive distributed control systems with a few modular panel-mounted controllers can be used, as can big systems with hundreds of field connections.
Increasing Smart Grid Installation is
Smart grids are automated power distribution systems that continuously adjust to keep everything operating at peak performance while monitoring usage and voltage levels. Line sensors and other connected equipment on a smart grid provide a stream of data back to a central control room, where information is analyzed and decisions are automatically made. This regulates voltage levels and optimizes efficiency, routing, and generation. SCADA(Supervisory Control and Data Acquisition) is at the center of smart grid decision-making. Moreover, governments are increasingly viewing smart grid as a strategic infrastructural investment, which is expected to enable its long-term economic viability. However, not all systems are made equal, and the majority of contemporary electric utilities employ these apps to control their grids.
The increasing focus on smart factories and rising demand for mass production
Manufacturing companies are quickly embracing smart factories, which provide a new level of production and efficiency. Improved resource planning through the use of smart manufacturing techniques prevents overproduction and underuse while also increasing cost effectiveness and sustainability. Owing to this, industrial control systems are now used more frequently in newly constructed smart factories. Additionally, mass production is the continuous flow of the production of huge numbers of uniform products, frequently with the aid of automated technology. To accomplish cheap labor costs, high volume, monitoring, quality control, and material flow, mechanization is frequently used. Large corporations are now paying greater attention to mass manufacturing as a result of the growing population and their increasing desire for more and more items.
Rising Adoption of Industry 4.0
The strategic shift to Industry 4.0 has a substantial impact on efficiency improvement through analytical insight, system failure reduction through predictive analytics, and cost optimization through waste reduction. For instance, Lido Stone Works, a premium supplier of stone materials, had a rise in income of about 70% and productivity of almost 30% after using IoT and M2M solutions for industrial automation. Additionally, it encourages the adoption of Industrial Internet of Things (Industrial IoT), which can help facilities increase their productivity, safety, energy efficiency, and reliability while lowering their emissions and maintenance costs. Additionally, more employees are using their smartphones and tablets to operate and keep an eye on industrial equipment. According to estimates, businesses will likely accommodate this phenomenon in the future by providing workers with devices that are specially made for the demands of the manufacturing floor.
Market Segmentation
The Global Industrial Control Systems is divided into Software and end user. Based on Software, the market is divided into Supervisory Control and Data Acquisition System (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Enterprise Resource Planning (ERP), Human Machine Interface (HMI), Others. Based on end user, the market is split into
Market Players
Recent Development
A five-year cooperative research and development agreement (CRADA) between GE Additive and the Oak Ridge National Laboratory (ORNL) of the US Department of Energy was recently disclosed. The agreement places a strong emphasis on methods, supplies, and software to promote industrialization and the widespread use of additive manufacturing technologies.
In order to update PLC-based controls for power plants and other remote sites, Emerson collaborated with the City of Fremont Department of Utilities. To address their issues, Emerson may provide the OvationTM small controller and SCADA technologies.
The graphic terminal Allen-Bradley ArmorView Plus 7 was launched by Rockwell Automation. A pre-packaged option that can be obtained with integrated I/O and push buttons is the fully enclosed graphic terminal. Additionally, this cabinet-less HMI is being used to free up space on the shop floor or to improve operator efficiency by providing a clear line of sight to the machine.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2023 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | · Software · End User |
| Regional scope | North America, Asia-Pacific, Europe, South America, Middle East |
| Country scope | United States, Canada; Mexico, China, Indian, Japan, South Korea, Australia, Singapore, Malaysia, Germany, United Kingdom, France, Italy, Spain, Poland, Colombia, Brazil, Argentina, Peru, Chile, Africa, Saudi Arabia, South Africa, UAE, Iraq, Turkey |
| Key companies profiled | General Electric Co., Fuji Electric Co. Ltd, Siemens AG, Dassault Systems SE, Rockwell Automation Inc., ABB Limited, Honeywell International Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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