Press release
Industrial Automation Market 2018 Global Key Leaders: Mitsubishi Electric, Rockwell Automation, Fanuc, Siemens AG, Emerson Electric Company, Yokogawa Electric, Ametek
Market Synopsis
The global industrial automation market is predicted to expand at 6% CAGR over the forecast period (2016-2022). The market is expected to reach USD 149 billion by 2022 owing to the Internet of things, asserts Market Research Future (MRFR). Industrial automation is the use of computer-aided devices to operate industrial processes by replacing human involvement. Industrial automation operates multiple processes in a controlled manner, thus increasing production quality by reducing time.
Drivers and Constraints Impacting the Market
Industrial automation entails the integration of components like automation control system and sensors at various levels such as supervision level, sensor level, automation level, and enterprise level. Industry players are focused on increasing the efficiency of manufacturing process which is one of the major factors driving the market. With the development of Internet of Things, computer-aided systems, and engineering technologies, the global Industrial Automation Market is estimated to stimulate over the forecast period. The increasing demand for fast production capacities in telecom networks, automotive assemblies, heat treating boilers and ovens, and others is also fueling the market growth.
On the flip side, decreasing human labor along with lack of awareness and scarcity of investment for several companies might inhibit the market growth during the assessment period. Moreover, steep cost needed to set up the systems for machinery products along with expensive R&D activities is likely to hamper the global market growth in the coming years.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2212
Key Players
The prominent players in the Industrial Automation Market are - Siemens AG (Germany), ABB Ltd. (Switzerland), Emerson Electric Company (U.S.), General Electric Company (U.S.), Schneider Electric SE (France), Honeywell International, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Yokogawa Electric (Japan), Ametek, Inc. (U.S.), Rockwell Automation, Inc. (U.S.) and Fanuc (Japan)
Segments:
Industrial Automation by Type:
• Fixed Automation
• Programmable Automation
Industrial Automation by Technology:
• Supervisory control and data acquisition (SCADA)
• Programmable Automation Controller (PAC)
• Programmable Logic Controller (PLC)
• Distributed Control System (DCS)
• Human Machine Interface (HMI)
Industrial Automation by end user industries:
• Machine manufacturing
• Oil & gas
• Aerospace & defense
• Electrical & electronics
• Automotive & transportation
• Chemical
• Pharmaceuticals
• Mining & metals
• Food & beverages
• Electric power generation
Regional Analysis:
The regional analysis of Industrial automation market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. The ongoing global trend towards greater industrial automation is being reflected in an increase in the number of industrial robots into the US.
Currently, there has been news in Japan that factory automation has paved a way for establishment of robot training centers. There has been an upward trend in industrial automation in the Asia pacific nations including Vietnam. It is proved that using industrial robots helps saving time and increasing product quality and production capacity leading to improve the competitiveness. This factors are expected to drive the industrial automation market in Asia-Pacific Region.
Industry News
August 29, 2018: ABB is all set to enable one of the world’s largest digital substations with the upgrade of one of the biggest air-insulated substations ever built for the Belarus Ministry of Energy and its transmission utility Mogilevenergo. As part of the upgradation, the substation will be equipped with digital technology. ABB will supply control and protection equipment, a digital process bus, and an ABB Ability MicroSCADA system which will enable interoperable communication between vendors through Ethernet cables instead of copper wires.
Get complete Report @ https://www.marketresearchfuture.com/reports/industrial-automation-market-2212
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
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Automation Market 2018 Global Key Leaders: Mitsubishi Electric, Rockwell Automation, Fanuc, Siemens AG, Emerson Electric Company, Yokogawa Electric, Ametek here
News-ID: 1290185 • Views: …
More Releases from Market Research Future
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
More Releases for Industrial
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Industrial Auction Services Market Auctioning Industrial Assets By 2030 | Heath …
The Report on "Industrial Auction Services Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
The industrial auction services market is a diverse and dynamic sector that encompasses a wide range of industries, including manufacturing, construction, automotive, and more. These services are utilized by companies looking to optimize their asset management, streamline operations,…
RDM Industrial Products - Laboratory and Industrial Furniture Supplier
RDM Industrial Products Inc. is one of the most reputed and leading laboratory and industrial furniture solutions supplier and manufacturer. The company was established in 1977 and has been serving their growing clientele proudly for over 40 years. Their quality products cater to industries including healthcare, electronics, biotechnology, laboratory, industrial and more. The company is based out of California and their shipments are done all across the globe. QUALITY-SERVICE-TIMING are…
Industrial Fasteners Market # industrial fasteners and supply # industrial faste …
An insightful study, titled “Global Industrial Fasteners Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). The research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.
Get…
Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Indu …
Researchmoz added Most up-to-date research on "Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Industrial PC, Box Industrial PC And Embedded Industrial PC" to its huge collection of research reports.
Industrial PC is a ruggedized system designed to perform computing applications for various industries. Industrial PC is a PC-based computing podium mainly used for data acquisition or process control, and in some cases, it is…
