Dublin, Aug. 07, 2020 (GLOBE NEWSWIRE) -- The "Global Industrial Automation Control Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The global industrial automation control market is poised to grow by $25.18 billion during 2020-2024, progressing at a CAGR of 5% during the forecast period.

This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

The market is driven by the need for simplification of complex manufacturing activities, increasing focus on smart factories and changing market dynamics. The study identifies the virtualization of automation control systems as one of the prime reasons driving the industrial automation control market growth during the next few years. Also, value chain integration by automation solution providers and increasing need for open platform architecture for automation software will lead to sizable demand in the market.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial automation control market vendors that include:

Also, the industrial automation control market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

1. Executive Summary

2. Market Landscape

3. Market Sizing

4. Five Forces Analysis

5. Market Segmentation by Product

6. Market Segmentation by End-user

7. Customer Landscape

8. Geographic Landscape

9. Vendor Landscape

10. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/r/wqgmrx

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Global Industrial Automation Control Industry Outlook, 2024 - Increasing Focus on Smart Factories and Changing Market Dynamics - GlobeNewswire