Market Share of China Factory Automation And Industrial Controls Industry
The Chinese factory automation and industrial controls market is highly fragmented, with the presence of several prominent companies. Companies continuously invest in strategic partnerships and product developments to gain market share. Some of the recent developments in the market are:
- March 2024 - Rockwell Automation announced that it is collaborating with NVIDIA to accelerate the next-generation industrial architecture. To make it easier for automation customers to digitalize industrial processes, Rockwell plans to evolve the industry by building a future factory.
- February 2024 - ABB announced that it plans to leverage this integration of AI with robotics in sectors such as automotive, consumer goods, education, and emerging areas like healthcare, retail, and new energy. This strategic move aims to create additional value for customers by introducing new levels of autonomy in robotic applications across China.
China Factory Automation And Industrial Controls Market Leaders
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Schneider Electric SE
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Honeywell International Inc.
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ABB Ltd.
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Rockwell Automation, Inc.
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Emerson Electric Company
*Disclaimer: Major Players sorted in no particular order
