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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