The Europe Industrial Control Systems Market is valued at USD XX. XX billion in 2016 and is expected to reach a value of USD XX. XX billion by the end of 2022, growing at a projected CAGR of XX. XX % during the forecast period of 2017 – 2022. The development of networking technology and the advent of Industrial Control Systems( ICS) have simplified the industrial processes and its role has also become very prominent in critical infrastructures such as electricity generation plants, oil refineries, transportation systems, manufacturing facilities and chemical factories.
Europe is a big market for industrial control systems. This is because of the increased usage of this technology in order to safeguard their cyber network from unwanted attacks. The recent advancement of technology has further propelled the growth of the industrial control systems. Automation and computers are being increasingly used to monitor various industries. Industrial control systems help these industries to be safe and protected from various problems.
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This report talks about the global demand and forecast of the industrial control systems market. The industrial control systems market protects industries like electric, water, transportation, oil and gas, chemical, food and beverage, automotive, etc. from threats like Stuxnet, Duqu and Flame. The industrial system types include Supervisory Control and Data Acquisition Systems( SCADA), Distributed Control Systems( DCS) and other types of control systems like Programmable Logic Controller( PLC). SCADA is used to control assets which are geographically dispersed where centralized data control and acquisition is critical to system operations. DCS is used to control industrial processes like oil refineries, water and wastewater treatment, electric power generation and automobile and chemical production. PLC is used to control industrial equipment and processes. Various governments and companies around the world are using this system to protect their infrastructure from various threats like attackers, foreign intelligence, terrorists, spammers, etc.
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DRIVERS: The industrial control system ' s capability of providing security to the infrastructure against any kind of attack, in a very efficient and precise way is something that might interest the investor in taking this market seriously.
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