Market Share of Mexico Factory Automation And ICS Industry
The Mexico factory automation and industrial controls market is a moderately fragmented market with the presence of several prominent players like Rockwell Automation Inc., Honeywell International Inc., ABB Ltd., Emerson Electric Co., Omron Corporation, Mitsubishi Electric Corporation, Siemens AG, etc. These companies are striving to gain a competitive advantage by constantly developing their product portfolios and expertise. The level of market penetration is relatively high, with tight control on distribution. For instance, ABB is a significant player in the market in end-user industries like electric power generation and also has a significant presence in oil & gas. Honeywell also has a large installed base of process automation systems.
The market players are launching various innovative products that cater to consumers’ evolving requirements. Further, the market has been registering significant collaborations and partnerships. Expansions and acquisitions among the market players to expand their presence in addressing the increasing demand for factory automation and industrial controls would fuel future market growth.
Mexico Factory Automation & ICS Market Leaders
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Rockwell Automation Inc.
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Honeywell International Inc.
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ABB Ltd.
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Emerson Electric Company
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Omron Corporation
*Disclaimer: Major Players sorted in no particular order
