Global Control Systems

March 2024 | 54 pages | ID: GFD2244C951EN
MarketLine

Abstracts

Global Control Systems

Summary

Global Control Systems industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The control systems market includes programmable logic controllers (PLC) and distributed control systems (DCS). It does not include PC-based control systems and software. A control system is a device, or set of devices, that manages, commands, directs, or regulates the behaviour of other devices or systems.
• The global control systems market recorded revenues of $22,211.9 million in 2023, representing a compound annual growth rate (CAGR) of 0.4% between 2018 and 2023.
• The DCS segment accounted for the market's largest proportion in 2023, with total revenues of $12,274.2 million, equivalent to 55.3% of the market's overall value.
• The market growth in 2023 is attributed to industrialization; growing demand for industrial automation such as soft and hard automation, programmable automation, and integrated automation; rising demand for operational efficiency in the manufacturing sector; and reducing overall manufacturing cost.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the control systems market in the global
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global control systems market
• Leading company profiles reveal details of key control systems market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Global control systems market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Global control systems market by value in 2023?
• What will be the size of the Global control systems market in 2028?
• What factors are affecting the strength of competition in the Global control systems market?
• How has the market performed over the last five years?
• Who are the top competitors in the global's control systems market?

Contents

Table of Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What have been the most significant mergers/acquisitions in recent years?

8 COMPANY PROFILES

8.1. Hitachi, Ltd.
8.2. Mitsubishi Heavy Industries, Ltd.
8.3. Siemens Corp
8.4. General Electric Company

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Global control systems market value: $ million, 2018-23
Table 2: Global control systems market category segmentation: % share, by value, 2018-2023
Table 3: Global control systems market category segmentation: $ million, 2018-2023
Table 4: Global control systems market geography segmentation: $ million, 2023
Table 5: Global control systems market value forecast: $ million, 2023-28
Table 6: Hitachi, Ltd.: key facts
Table 7: Hitachi, Ltd.: Annual Financial Ratios
Table 8: Hitachi, Ltd.: Key Employees
Table 9: Hitachi, Ltd.: Key Employees Continued
Table 10: Hitachi, Ltd.: Key Employees Continued
Table 11: Hitachi, Ltd.: Key Employees Continued
Table 12: Mitsubishi Heavy Industries, Ltd.: key facts
Table 13: Mitsubishi Heavy Industries, Ltd.: Annual Financial Ratios
Table 14: Mitsubishi Heavy Industries, Ltd.: Key Employees
Table 15: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 16: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 17: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 18: Siemens Corp: key facts
Table 19: Siemens Corp: Key Employees
Table 20: General Electric Company: key facts
Table 21: General Electric Company: Annual Financial Ratios
Table 22: General Electric Company: Key Employees
Table 23: General Electric Company: Key Employees Continued
Table 24: General Electric Company: Key Employees Continued
Table 25: Global exchange rate, 2019-23

List Of Figures

LIST OF FIGURES

Figure 1: Global control systems market value: $ million, 2018-23
Figure 2: Global control systems market category segmentation: $ million, 2018-2023
Figure 3: Global control systems market geography segmentation: % share, by value, 2023
Figure 4: Global control systems market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the global control systems market, 2023
Figure 6: Drivers of buyer power in the global control systems market, 2023
Figure 7: Drivers of supplier power in the global control systems market, 2023
Figure 8: Factors influencing the likelihood of new entrants in the global control systems market, 2023
Figure 9: Factors influencing the threat of substitutes in the global control systems market, 2023
Figure 10: Drivers of degree of rivalry in the global control systems market, 2023