Global Industrial Control Systems (ICS) Market: Regional Insights
North America is expected to gain major share in the global industrial control systems (ICS) market over the forecast period. The U.S. is witnessing the fourth industrial revolution, where data is utilized on a bigger scale for production while integrating the data with various manufacturing systems across the supply chain. Moreover, the country has the largest automotive markets, and these factors in turn are driving the demand for industrial control systems in the country. Along with this, the resurging economy of Canada is also expected to drive growth of the global industrial control systems (ICS) market over the forecast period.
Moreover, Asia Pacific is also anticipated to witness substantial growth in the global industrial control systems (ICS) market over the forecast period. This can be attributed to presence of one of the largest manufacturing industry in China, which is rapidly undergoing a transformation, as companies are increasingly adopting automation. Moreover, the growing consumer spending and increasing urbanization in India leading to rise in industrialization across the country is expected to drive demand for ICS solutions. Thus, aforementioned factors are expected to augment growth of the market in Asia Pacific in the coming future.
Industrial Control Systems (ICS) Market Report Snapshots
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