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(MoneyNewsWire.Net, July 13, 2018 ) Control Systems in Germany Market industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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Key Leading Major Companies Mentioned:
ABB, Ltd., Honeywell International Inc., Robert Bosch GmbH, Siemens AG
Essential resource for top-line data and analysis covering the Germany control systems market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key highlights
- The control systems market is made up of programmable logic controllers (PLC) and distributed control systems (DCS). It does not include PC-based control systems and software. The market is valued at manufacturers selling price (MSP) and all currency conversions have been calculated at constant 2017 annual average exchange rates. A control system is a device, or set of devices, that manages, commands, directs or regulates the behavior of other device(s) or system(s). Industrial control systems are used in industrial production.There are two common classes of control systems, with many variations and combinations: logic or sequential controls, and feedback or linear controls. A logic gate is an idealized or physical device implementing a Boolean function, that is, it performs a logical operation on one or more logical inputs, and produces a single logical output. A Programmable Logic Controller, PLC or Programmable Controller is a digital computer used for automation of electromechanical processes, such as control of machinery on factory assembly lines, amusement rides, or light fixtures. The abbreviation "PLC" and the term "Programmable Logic Controller" are registered trademarks of the Allen-Bradley Company (Rockwell Automation). PLCs are used in many industries and machines. Unlike general-purpose computers, the PLC is designed for multiple inputs and output arrangements, extended temperature ranges, immunity to electrical noise, and resistance to vibration and impact. DCS (Distributed Control System) is a computerized control system used to control the production line in the industry. The entire system of controllers is connected by networks for communication and monitoring. DCS is a very broad term used in a variety of industries, to monitor and control distributed equipment.
- The German control systems market had total revenues of $2,572m in 2017, representing a compound annual growth rate (CAGR) of 4.2% between 2013 and 2017.
- The PLC segment was the market's most lucrative in 2017, with total revenues of $1,744m, equivalent to 67.8% of the market's overall value.
- A shift towards automation will pick up pace in the German market over the coming years as the country witnesses a strong shortage of skilled laborers. A poll conducted by the German Chamber of Commerce and Industry (DIHK) at the end of 2017 found that 56% of companies in Germany state that a shortage of skilled workers is the biggest threat their businesses face. Over the forecast period, growth is expected to decelerate as the migrant driven housing boom settles down as Germany has discontinued its policy of taking in large numbers of migrants.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the control systems market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the control systems market in Germany
- 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 Germany control systems market with five year forecasts
Reasons to buy
- What was the size of the Germany control systems market by value in 2017?
- What will be the size of the Germany control systems market in 2022?
- What factors are affecting the strength of competition in the Germany control systems market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany's control systems market?
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