Factory Automation Market 2017 by Global Leaders: Yokogawa Electric, Rexroth Bosch Group, Mitsubishi Electric, Omron, Rockwell Automation, Honeywell International, Siemens AG, Emerson Electric

Market Research Future published a research report on “Factory Automation Market Research Report- Global Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario:

Factory Automation can be defined as the use of computer aided control devices to operate different industrial processes by replacing human involvement. Factory Automation helps to operate multiple processes in controlled manner. It helps for mass production by reducing time and increasing production quality.

Industrial Automation consists of different levels such as sensor level, automation control level automation, supervision level and enterprise level. The sensor level can also be called as the process level that uses sensors and actuators for getting values of the process variables on periodic or continuous basis. Control devices which include PC’s, PLC’s and DCS are used by the automation companies at control level. PLC is majorly a machine control whereas DCS leads the process control. The automation control level operates using different embedded processors, PID algorithms to control all processes. Factory Automation includes various technologies as supervisory control and data acquisition (SCADA), human machine interface (HMI). Supervisory control and data acquisition is a controlled system architecture which uses computers, graphical user interfaces and network data communications for high-level processes. Human Machine Interface includes the electronics required to signal and control the state of industrial automation equipment. The major benefits of Factory Automation can be considered as replacing human involvement from risky areas of work, greater quality of production and economy improvement.

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The industry players are emphasized on increasing the efficiency of manufacturing process which is the major driver in Factory Automation market. Apart from it, developments in computer aided systems, and internet of things (IoT), engineering technologies are the factors driving Factory Automation market. Usage of robots in industrial controller mechanisms has been a market trend. However, the decreasing human labor has led to a threat in factory automation. Lack of awareness and scarcity of investment by many companies could be the major restraints for factory automation.

Segments of Factory Automation Market:

• Type: Programmable Automation, Fixed Automation, Integrated Automation, Flexible Automation. Fixed automation has the largest market share by type and is anticipated to reach USD 120 billion by 2022.

• Technology: Programmable Logic Controller (PLC), Programmable Automation Controller (PAC), Distributed Control System (DCS), Human Machine Interface (HMI), Supervisory control and data acquisition (SCADA). SCADA is anticipated to grow with the fastest CAGR growth of 10% during forecast period 2016-2022.

• End user: Semiconductor & electronics, Packaging & processing, Energy & Power, Printing & converting, Automotive, Manufacturing, Others. The end user segment is expected to be dominated by the manufacturing sector and is expected to reach USD 50 billion by the end of the forecast period.

Regional Analysis of Factory Automation Market:

Asia pacific, North America, Europe and Rest of the World constitute the regions of study for the global factory automation market. The increase in the number of industrial robots into the U.S. is expected to drive the U.S. market for factory automation.

The European market is expected to be led by Germany on account of its large automotive industry and presence of world class large players such as Volkswagen, Mercedes Benz, Audi, and others. The high cost of manpowerin these regions coupled with the research ecology is expected to drive the market.

The Asian pacific market is expected to generate the fastest growth led by Japan, China and India.

The Middle East and Africa market is expected to be dominated by Saudi Arabia, UAE while Africa is expected to result in moderate growth because of small industrial base.

Key Players

The prominent players in the Factory Automation Market are - Siemens AG, ABB Ltd, Emerson Electric Corporation, Rockwell Automation, Honeywell International Inc., Schneider Electric, Rexroth Bosch Group, Mitsubishi Electric Corporation, Yokogawa Electric Corporation, and Omron Corporation.

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Intended Audience

• Process Automation and Instrumentation Manufacturers
• Industrial Robot Manufacturers
• MES (Manufacturing Execution System) and MOM (Manufacturing Operations Management) Players
• System Integrators
• Government Organizations
• Research/Consultancy firms

The report for Factory Automation market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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