Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Industrial Control Panels Market by Type (Open Industrial Control Panel, Enclosed Industrial Control Panel), By Application (Chemical Industry, Steel Industry, Cement Industry, Automotive Industry, Food & Beverages Industry, Power Industry, Oil and Gas Industry, Water and Wastewater Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Industrial Control Panels Market by Type (Open Industrial Control Panel, Enclosed Industrial Control Panel), By Application (Chemical Industry, Steel Industry, Cement Industry, Automotive Industry, Food & Beverages Industry, Power Industry, Oil and Gas Industry, Water and Wastewater Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 248238 4200 Machinery & Equipment 377 153 Pages 4.7 (45)
                                          

Market Overview:


The global industrial control panels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automation in various industries, such as chemical, steel, cement, automotive, food & beverages, power and oil and gas among others. Additionally, the growing trend of Industry 4.0 is also expected to fuel the demand for industrial control panels during the forecast period. Based on type, open industrial control panel held a major share of the global market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to their low cost as compared to enclosed industrial control panels and easy installation process.


Global Industrial Control Panels Industry Outlook


Product Definition:


Industrial Control Panels are devices that allow operators to control and monitor industrial processes. They vary in size and complexity, but all provide a way for the operator to input commands, view process information, and make adjustments as necessary. Industrial Control Panels are important because they allow operators to safely and efficiently control industrial processes.


Open Industrial Control Panel:


An open industrial control panel is a networked hardware system that provides information and allows operators to monitor the operations of one or more machines. It can be used in any process where there are several machine systems, which need to be monitored from a central location for quality assurance and system diagnostics.


Enclosed Industrial Control Panel:


The global enclosed industrial control panel and it's usage in industrial control panels market size was valued at USD 6.5 billion in 2016. It is expected to witness a CAGR of XX% over the forecast period.


SCADA system refers to Supervisory Control.


Application Insights:


The application segment is bifurcated into chemical industry, steel industry, cement industry, automotive industry, food and beverages industry, power generation sector and oil and gas sector. The chemical sector dominated the global control panels market in terms of revenue in 2017. This is attributed to the rising demand for chemicals across various end-use industries such as pharmaceuticals and electronics. Moreover, a growing number of industrial plants coupled with increasing R&D investments by major players are expected to augment product demand over the forecast period.


Automotive was another prominent segment that accounted for a significant share in 2017 owing to an upsurge in manufacturing activities across several countries worldwide including China India Japan South Korea Australia Mexico Brazil etcetera). A rise in consumer preference for advanced technology vehicles along with stringent government regulations regarding energy consumption has resulted in increased production of electric vehicles globally which will drive product demand over the forecast period.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial automation, which is driving the demand for control panels. China holds a significant share of this market owing to its large manufacturing sector, including heavy industries such as steel and chemicals.


The Middle East & Africa (MEA) region is anticipated to witness substantial growth over the forecast period owing to increasing government investments in various sectors including oil and gas, water and wastewater management, healthcare among others.


Growth Factors:


  • Increasing demand for automation in industries to improve efficiency and productivity
  • Rising investment in industrial infrastructure by developing countries
  • Proliferation of smart factories and IIoT across various industry verticals
  • Growing need for safety and security in industrial installations
  • Emergence of next-generation control panels with enhanced features

Scope Of The Report

Report Attributes

Report Details

Report Title

Industrial Control Panels Market Research Report

By Type

Open Industrial Control Panel, Enclosed Industrial Control Panel

By Application

Chemical Industry, Steel Industry, Cement Industry, Automotive Industry, Food & Beverages Industry, Power Industry, Oil and Gas Industry, Water and Wastewater Industry, Others

By Companies

ABB, OMRON Corporation, General Electric, Bectrol, Schneider Electric, Siemens, Eaton, Franzosi s.n.c., Horizons, Inc., IYYM, KgGuruji, Rockwell Automation

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

153

Number of Tables & Figures

108

Customization Available

Yes, the report can be customized as per your need.


Global Industrial Control Panels Market Report Segments:

The global Industrial Control Panels market is segmented on the basis of:

Types

Open Industrial Control Panel, Enclosed Industrial Control Panel

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Chemical Industry, Steel Industry, Cement Industry, Automotive Industry, Food & Beverages Industry, Power Industry, Oil and Gas Industry, Water and Wastewater Industry, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. ABB
  2. OMRON Corporation
  3. General Electric
  4. Bectrol
  5. Schneider Electric
  6. Siemens
  7. Eaton
  8. Franzosi s.n.c.
  9. Horizons, Inc.
  10. IYYM
  11. KgGuruji
  12. Rockwell Automation

Global Industrial Control Panels Market Overview


Highlights of The Industrial Control Panels Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Open Industrial Control Panel
    2. Enclosed Industrial Control Panel
  1. By Application:

    1. Chemical Industry
    2. Steel Industry
    3. Cement Industry
    4. Automotive Industry
    5. Food & Beverages Industry
    6. Power Industry
    7. Oil and Gas Industry
    8. Water and Wastewater Industry
    9. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Industrial Control Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Industrial Control Panels Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Industrial control panels (ICP) are a type of computer system used in industrial plants to monitor and control various processes. ICPs typically include input devices such as keyboards, touch screens, and pointing devices, output devices such as monitors and printers, communication interfaces for linking to other systems within the plant, and software that allows operators to manage the plant's operations.

Some of the major companies in the industrial control panels market are ABB, OMRON Corporation, General Electric, Bectrol, Schneider Electric, Siemens, Eaton, Franzosi s.n.c., Horizons, Inc., IYYM, KgGuruji, Rockwell Automation.

The industrial control panels market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Control Panels Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Industrial Control Panels Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Industrial Control Panels Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Industrial Control Panels Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Industrial Control Panels Market Size & Forecast, 2018-2028       4.5.1 Industrial Control Panels Market Size and Y-o-Y Growth       4.5.2 Industrial Control Panels Market Absolute $ Opportunity

Chapter 5 Global Industrial Control Panels Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Industrial Control Panels Market Size Forecast by Type
      5.2.1 Open Industrial Control Panel
      5.2.2 Enclosed Industrial Control Panel
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Industrial Control Panels Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Industrial Control Panels Market Size Forecast by Applications
      6.2.1 Chemical Industry
      6.2.2 Steel Industry
      6.2.3 Cement Industry
      6.2.4 Automotive Industry
      6.2.5 Food & Beverages Industry
      6.2.6 Power Industry
      6.2.7 Oil and Gas Industry
      6.2.8 Water and Wastewater Industry
      6.2.9 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Industrial Control Panels Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Industrial Control Panels Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Industrial Control Panels Analysis and Forecast
   9.1 Introduction
   9.2 North America Industrial Control Panels Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Industrial Control Panels Market Size Forecast by Type
      9.6.1 Open Industrial Control Panel
      9.6.2 Enclosed Industrial Control Panel
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Industrial Control Panels Market Size Forecast by Applications
      9.10.1 Chemical Industry
      9.10.2 Steel Industry
      9.10.3 Cement Industry
      9.10.4 Automotive Industry
      9.10.5 Food & Beverages Industry
      9.10.6 Power Industry
      9.10.7 Oil and Gas Industry
      9.10.8 Water and Wastewater Industry
      9.10.9 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Industrial Control Panels Analysis and Forecast
   10.1 Introduction
   10.2 Europe Industrial Control Panels Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Industrial Control Panels Market Size Forecast by Type
      10.6.1 Open Industrial Control Panel
      10.6.2 Enclosed Industrial Control Panel
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Industrial Control Panels Market Size Forecast by Applications
      10.10.1 Chemical Industry
      10.10.2 Steel Industry
      10.10.3 Cement Industry
      10.10.4 Automotive Industry
      10.10.5 Food & Beverages Industry
      10.10.6 Power Industry
      10.10.7 Oil and Gas Industry
      10.10.8 Water and Wastewater Industry
      10.10.9 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Industrial Control Panels Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Industrial Control Panels Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Industrial Control Panels Market Size Forecast by Type
      11.6.1 Open Industrial Control Panel
      11.6.2 Enclosed Industrial Control Panel
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Industrial Control Panels Market Size Forecast by Applications
      11.10.1 Chemical Industry
      11.10.2 Steel Industry
      11.10.3 Cement Industry
      11.10.4 Automotive Industry
      11.10.5 Food & Beverages Industry
      11.10.6 Power Industry
      11.10.7 Oil and Gas Industry
      11.10.8 Water and Wastewater Industry
      11.10.9 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Industrial Control Panels Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Industrial Control Panels Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Industrial Control Panels Market Size Forecast by Type
      12.6.1 Open Industrial Control Panel
      12.6.2 Enclosed Industrial Control Panel
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Industrial Control Panels Market Size Forecast by Applications
      12.10.1 Chemical Industry
      12.10.2 Steel Industry
      12.10.3 Cement Industry
      12.10.4 Automotive Industry
      12.10.5 Food & Beverages Industry
      12.10.6 Power Industry
      12.10.7 Oil and Gas Industry
      12.10.8 Water and Wastewater Industry
      12.10.9 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Industrial Control Panels Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Industrial Control Panels Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Industrial Control Panels Market Size Forecast by Type
      13.6.1 Open Industrial Control Panel
      13.6.2 Enclosed Industrial Control Panel
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Industrial Control Panels Market Size Forecast by Applications
      13.10.1 Chemical Industry
      13.10.2 Steel Industry
      13.10.3 Cement Industry
      13.10.4 Automotive Industry
      13.10.5 Food & Beverages Industry
      13.10.6 Power Industry
      13.10.7 Oil and Gas Industry
      13.10.8 Water and Wastewater Industry
      13.10.9 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Industrial Control Panels Market: Competitive Dashboard
   14.2 Global Industrial Control Panels Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 ABB
      14.3.2 OMRON Corporation
      14.3.3 General Electric
      14.3.4 Bectrol
      14.3.5 Schneider Electric
      14.3.6 Siemens
      14.3.7 Eaton
      14.3.8 Franzosi s.n.c.
      14.3.9 Horizons, Inc.
      14.3.10 IYYM
      14.3.11 KgGuruji
      14.3.12 Rockwell Automation

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