Product Code: ETC019945 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Argentina relays and industrial controls market is expected to grow at a CAGR of 3.5% during the forecast period (2020-2026). Industrial control systems are used in most industries, from manufacturing to consumer goods production, for controlling processes such as material handling, temperature regulation, motors, and other machinery. The increasing use of automation and process control solutions has driven the demand for relays & industrial controls in this region. Moreover, the Argentine government???s strategic initiatives like liberalizing its economy with free trade agreements have helped attract more investments into the country`s industrial sector which has propelled growth in the relays & industrial controls market over recent years. Furthermore, numerous companies are investing heavily in enhancing their infrastructures by introducing newer technologies such as the Internet of Things (IoT) and Industry 4.0 that will further drive demand for these products over the upcoming years.
Government Initiatives ??? Several public-private partnership projects (PPPs), initiated by governmental organizations like the Ministry of Modernization and other relevant agencies have increased investment activities across various sectors including industry leading to an increase in demand for relays &industrial control solutions across Argentina over recent years. Technological Advancements ??? Growing adoption of IoT-supported technology coupled with rising integration of advanced analytics is creating huge potential opportunities for industry players offering smart control system solutions that can help optimize operations within commercial or semi-commercial environments
Lack Of Standardized Protocols ??? The absence of unified communication protocols among different types of equipment manufactured by different suppliers has been identified as one major challenge hampering growth prospects within the industry.
ABB Ltd., Siemens AG., Schneider Electric SE., Rockwell Automation Inc., Omron Corporation etc
COVID 19 crisis has adversely affected the global economy resulting in various challenges being faced by businesses worldwide including negative impacts on both supply chain networks as well as overall demand outlook. However, companies operating within Argentina relay???s &industrial controls market may also experience an impact due to disruption caused due to pandemic since many end-user industries falling under the essential services category had been forced close down operations temporarily.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Argentina Relays and Industrial Controls Market Overview |
3.1 Argentina Country Macro Economic Indicators |
3.2 Argentina Relays and Industrial Controls Market Revenues & Volume, 2019 & 2026F |
3.3 Argentina Relays and Industrial Controls Market - Industry Life Cycle |
3.4 Argentina Relays and Industrial Controls Market - Porter's Five Forces |
3.5 Argentina Relays and Industrial Controls Market Revenues & Volume Share, By Control System, 2019 & 2026F |
3.6 Argentina Relays and Industrial Controls Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Argentina Relays and Industrial Controls Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Argentina Relays and Industrial Controls Market Trends |
6 Argentina Relays and Industrial Controls Market, By Types |
6.1 Argentina Relays and Industrial Controls Market, By Control System |
6.1.1 Overview and Analysis |
6.1.2 Argentina Relays and Industrial Controls Market Revenues & Volume, By Control System, 2016 - 2026F |
6.1.3 Argentina Relays and Industrial Controls Market Revenues & Volume, By Distributed Control System (DCS), 2016 - 2026F |
6.1.4 Argentina Relays and Industrial Controls Market Revenues & Volume, By Supervisory Control & Data Acquisition System (SCADA), 2016 - 2026F |
6.1.5 Argentina Relays and Industrial Controls Market Revenues & Volume, By Manufacturing Execution System (MES), 2016 - 2026F |
6.2 Argentina Relays and Industrial Controls Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Argentina Relays and Industrial Controls Market Revenues & Volume, By Automotive, 2016 - 2026F |
6.2.3 Argentina Relays and Industrial Controls Market Revenues & Volume, By Industrial, 2016 - 2026F |
6.2.4 Argentina Relays and Industrial Controls Market Revenues & Volume, By Communications, 2016 - 2026F |
6.2.5 Argentina Relays and Industrial Controls Market Revenues & Volume, By Household Appliance, 2016 - 2026F |
6.2.6 Argentina Relays and Industrial Controls Market Revenues & Volume, By Others, 2016 - 2026F |
7 Argentina Relays and Industrial Controls Market Import-Export Trade Statistics |
7.1 Argentina Relays and Industrial Controls Market Export to Major Countries |
7.2 Argentina Relays and Industrial Controls Market Imports from Major Countries |
8 Argentina Relays and Industrial Controls Market Key Performance Indicators |
9 Argentina Relays and Industrial Controls Market - Opportunity Assessment |
9.1 Argentina Relays and Industrial Controls Market Opportunity Assessment, By Control System, 2019 & 2026F |
9.2 Argentina Relays and Industrial Controls Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Argentina Relays and Industrial Controls Market - Competitive Landscape |
10.1 Argentina Relays and Industrial Controls Market Revenue Share, By Companies, 2019 |
10.2 Argentina Relays and Industrial Controls Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |