Factory Automation & Industrial Controls Market Brief Analysis on Top Key Players BB Ltd., Mitsubishi Electric Factory Automation, Siemens AG, Honeywell International Incorporation, Emerson Electric Corporation, Schneider Electric SA, Omron Corporation, R

The factory automation market has widespread demand in Europe, owing to the presence of key factory automation companies in the region. Moreover, increased pace of digital transformation and rise in adoption of Industry 4.0 trend have fueled the demand for factory automation in Europe. Furthermore, developing economies in the Asia-Pacific and LAMEA regions are expected to witness rapid growth in the factory automation market during the forecast period, on account of factors such as supportive government policies, availability of cheap labor, and increased investment by key companies for business expansions.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/4695?utm_source=OPR

The global factory automation market size is expected to reach $368,372.4 million in 2025, from $190,882.2 million in 2017 growing at a CAGR of 8.8% from 2018 to 2025. Factory automation implies a set of technologies and automatic control devices to enhance the productivity and quality of products and simultaneously decrease the production cost. Also known as industrial automation, it minimizes human intervention in the industry and ensures a superior performance as compared to humans. It comprises the use of computers, robots, control systems, and information technologies to handle industrial processes. ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, and Emerson Electric Company are some leading key players in the factory automation market.

Factory automation comprises a set of technologies and automatic control devices, which are used to enhance the productivity and quality of products and simultaneously decrease the production cost. The market is driven by factors such as rise in demand for mass production in manufacturing industries that minimizes operational cost. Moreover, adoption of Industry 4.0 to promote smart manufacturing units that have minimal energy requirements has supplemented the market growth. However, limited inflow of funds, high investment in implementation of factory automation systems, and dearth of professionals are expected to hamper the growth of the global factory automation market.

The supervisory control and data acquisition system (SCADA) segment accounted for the highest share of about 22.0% in the global market in 2017 and is expected to grow at a CAGR of 9.1% during the forecast period. Among industry verticals, the automotive manufacturing sector is expected to be the leading revenue contributor in the coming years, owing to the increasing trend of automating processes to reduce human intervention, improve accuracy, reduce errors, and optimize redundant tasks. The industrial robots segment accounted for a major share of about 31.0% of the global market in 2017. The adoption of industrial robots has increased in in developing economies owing to factors such as rapid urbanization, technological advancements, availability of cheap labor, and low manufacturing costs.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/4695?utm_source=OPR

Asia-Pacific is one of the fastest growing regions in the global factory automation market. It is expected to witness higher growth rate during the forecast period, owing to supportive government policies, increased investment by key companies for expansion of business, and low manufacturing & labor cost.

Prominent players, such as ABB Ltd., Mitsubishi Electric Factory Automation, Siemens AG, Honeywell International Incorporation, Emerson Electric Corporation, Schneider Electric SA, Omron Corporation, Rockwell Automation, Inc., GE Company, and Yokogawa Electric Corporation, have focused on developing new products and acquiring small businesses to sustain the competition and expand their market presence.

Table of Content:

Chapter: 1: Introduction

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2: Executive summary

2.1. CXO perspective

Chapter: 3: Market overview

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter's five forces analysis
3.4. Key player positioning, 2018
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Increase in demand for automation for qualitative and reliable manufacturing
3.5.1.2. Growing need for mass production with reduced operation cost
3.5.1.3. Surge in adoption of industry 4.0 and enabling technologies industries

3.5.2. Restraints

3.5.2.1. Limited availability of professionals and awareness regarding security
3.5.2.2. High implementation expenses for factory automation systems

3.5.3. Opportunity

3.5.3.1. Increasing demand for automation in Asian countries such as China and Japan

Chapter: 4: Factory automation market, by control and safety system

4.1.1. Market size and forecast, by control and safety system

4.2. Distributed control system (DCS)

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Supervisory control & data acquisition system (SCADA)

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

4.4. Manufacturing execution system (MES)

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country

4.5. Systems instrumented systems (SIS)

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country

4.6. Programmable logic controller (PLC)

4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis, by country

4.7. Human machine interface (HMI)

4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market analysis, by country

Chapter: 5: Factory automation market, by component

5.1. Market overview

5.1.1. Market size and forecast, by components

5.2. Sensor

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country

5.3. Controllers

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country

5.4. Switches & relays

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country

5.5. Industrial robots

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country

5.6. Drives

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis, by country

5.7. Others

5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis, by country

Chapter: 6: Factory automation market, by industry verticals

6.1. Market overview

6.1.1. Market size and forecast, by industry verticals

6.2. Automotive manufacturing

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country

6.3. Food & beverage

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country

6.4. Oil & gas processing

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis, by country

6.5. Mining

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis, by country

6.6. Others

6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market analysis, by country

Chapter: 7: Factory automation market, by region

7.1. Market overview
7.2. North America

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by control and safety system
7.2.3. Market size and forecast, by component
7.2.4. Market size and forecast, by industry vertical
7.2.5. Market size and forecast, by country

7.2.5.1. U.S.

7.2.5.1.1. U.S. market size and forecast, by control and safety system
7.2.5.1.2. U.S. market size and forecast, by component
7.2.5.1.3. U.S. market size and forecast, by industry vertical

7.2.5.2. Canada

7.2.5.2.1. Canada market size and forecast, by control and safety system
7.2.5.2.2. Canada market size and forecast, by component
7.2.5.2.3. Canada market size and forecast, by industry vertical

7.2.5.3. Mexico

7.2.5.3.1. Mexico market size and forecast, by control and safety system
7.2.5.3.2. Mexico market size and forecast, by component
7.2.5.3.3. Mexico market size and forecast, by industry vertical

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by control and safety system
7.3.3. Market size and forecast, by component
7.3.4. Market size and forecast, by industry vertical
7.3.5. Market size and forecast, by country

7.3.5.1. Germany

7.3.5.1.1. Germany market size and forecast, by control and safety system
7.3.5.1.2. Germany market size and forecast, by component
7.3.5.1.3. Germany market size and forecast, by industry vertical

7.3.5.2. France

7.3.5.2.1. France market size and forecast, by control and safety system
7.3.5.2.2. France market size and forecast, by component
7.3.5.2.3. France market size and forecast, by industry vertical

7.3.5.3. UK

7.3.5.3.1. UK market size and forecast, by control and safety system
7.3.5.3.2. UK market size and forecast, by component
7.3.5.3.3. UK market size and forecast, by industry vertical

7.3.5.4. Italy

7.3.5.4.1. Italy market size and forecast, by control and safety system
7.3.5.4.2. Italy market size and forecast, by component
7.3.5.4.3. Italy market size and forecast, by industry vertical

7.3.5.5. Rest of Europe

7.3.5.5.1. Rest of Europe market size and forecast, by control and safety system
7.3.5.5.2. Rest of Europe market size and forecast, by component
7.3.5.5.3. Rest of Europe market size and forecast, by industry vertical

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by control and safety system
7.4.3. Market size and forecast, by component
7.4.4. Market size and forecast, by industry vertical
7.4.5. Market size and forecast, by country

7.4.5.1. China

7.4.5.1.1. China market size and forecast, by control and safety system
7.4.5.1.2. China market size and forecast, by component
7.4.5.1.3. China market size and forecast, by industry vertical

7.4.5.2. India

7.4.5.2.1. India market size and forecast, by control and safety system
7.4.5.2.2. India market size and forecast, by component
7.4.5.2.3. India market size and forecast, by industry vertical

7.4.5.3. Japan

7.4.5.3.1. Japan market size and forecast, by control and safety system
7.4.5.3.2. Japan market size and forecast, by component
7.4.5.3.3. Japan market size and forecast, by industry vertical

7.4.5.4. South Korea

7.4.5.4.1. South Korea market size and forecast, by control and safety system
7.4.5.4.2. South Korea market size and forecast, by component
7.4.5.4.3. South Korea market size and forecast, by industry vertical

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Rest of Asia-Pacific market size and forecast, by control and safety system
7.4.5.5.2. Rest of Asia-Pacific market size and forecast, by component
7.4.5.5.3. Rest of Asia-Pacific market size and forecast, by industry vertical

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by control and safety system
7.5.3. Market size and forecast, by component
7.5.4. Market size and forecast, by industry vertical
7.5.5. Market size and forecast, by country

7.5.5.1. Latin America

7.5.5.1.1. Latin America market size and forecast, by control and safety system
7.5.5.1.2. Latin America market size and forecast, by component
7.5.5.1.3. Latin America market size and forecast, by industry vertical

7.5.5.2. Middle East

7.5.5.2.1. Middle East market size and forecast, by control and safety system
7.5.5.2.2. Middle East market size and forecast, by component
7.5.5.2.3. Middle East market size and forecast, by industry vertical

7.5.5.3. Africa

7.5.5.3.1. Africa market size and forecast, by control and safety system
7.5.5.3.2. Africa market size and forecast, by component
7.5.5.3.3. Africa market size and forecast, by industry vertical

Access Full Summery @ https://www.alliedmarketresearch.com/factory-automation-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.