South America Automation and Control market

Brazil accounted for the largest market share in 2018 in the south america automation and control market, and is expected to reach usd 5730.40 million in 2025 from usd 2797.70 million in 2018.this market is projected to grow at a cagr of 11.54% during the forecast period from 2019 - 2025. machine manufacturing segment accounted for the largest market share in 2018, this market is expected to reach usd 2752.10 million in 2025 from usd 1592.20 million in 2018. this market is projected to grow at a cagr of 8.89% during the forecast period from 2019 - 2025. however, oil and gas segment is the fastest growing market, which is expected to grow at a cagr of 12.00% during the forecast period 2019 - 2025. distributed control system dcs and rtu segment accounted for the largest market share in 2018, this market is expected to reach usd 3015.70 million in 2025 from usd 1583.00 million in 2018. this market is projected to grow at a cagr of 10.43% during the forecast period from 2019 - 2025. however, supervisory control and data acquisition scada segment is the fastest growing market, which is expected to grow at a cagr of 10.56% during the forecast period 2019 - 2025.