China Industrial Control Systems Market to Grow at a CAGR of 9.8% (2017-2025)


Posted May 24, 2018 by Steveblade

According to Goldstein Research, China industrial control systems market is expected to reach USD 9.6 billion by the end of 2025, growing at a CAGR of 9.8% over the forecast period, 2017-2025.
 
According to Goldstein Research, China industrial control systems market is expected to reach USD 9.6 billion by the end of 2025, growing at a CAGR of 9.8% over the forecast period, 2017-2025.

The growing demand for industry processes security and efficiency is the major driving factor in the growth of China industrial control system. The growing manufacturing and production industries in China are inclining towards automation of the system.

China industrial control systems market segmentation has been done on the basis of types of control systems, applications, and end-users. Based on end-user, manufacturing industry accounted for the largest market share of 31.4% in 2017 of China industrial control systems market. Based on the application of ICS, industrial security is the major aspect of the continuing growth of a business and over the forecast period, it is expected to grow at a CAGR of 9.6%. China Industrial control systems market is dominated by tier-1 cities that accounted for 56.7% market share in 2017 on the back of governments plan to migrate enormous Chinese population to the growing megacities that attract the demand for industrial control systems.

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Market Segmentation

On the basis of our in-depth analysis, China Industrial Control Systems Market can be segmented as follows:

By Types of Control System

o Programmable Logic Controllers (PLCs)

o Distributed Control Systems (DCS)

o Supervisory control and Data Acquisition (SCADA)

By Applications

o Industrial Security

o Process Controlling

o Others (Supervision, etc.)

By End-Users


o Energy and Mining Sector

o Transportation and Logistics Sector

o Manufacturing Industry

o Electric and Electronic Industry

o Aviation Industry

o Others


Browse Full Report: https://www.goldsteinresearch.com/report/china-industrial-control-systems-market

“China Industrial Control Systems Market Outlook 2024” contains the detailed overview of the China Industrial control systems market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by types of control systems, applications, and end-users.

Further, for the in-depth analysis, China Industrial Control Systems Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Beijing RichAuto S&T Co. Ltd., RuiDa Technology (Shenzhen) Co., LTD, ABB, Honeywell, Siemens, General Electric, Cisco, Symantec, Fortinet, Kaspersky, IBM, Booz Allen Hamilton, Citrix Systems, Brocade Communication Systems, Computer Science, EMC, F-Secure, L-3, Trend Micro, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the China Industrial control systems market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on industrial automation market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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www.goldsteinresearch.com

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Last Updated May 24, 2018