Factory Automation Market 2017-2022 Global Leaders Overview: Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, Yokogawa Electric, Omron, Siemens AG, ABB Ltd

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.

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.

Factory Automation Market Segmentation

The Factory Automation Market has been segmented on the basis of type, technology, and end user. By type, the market is been classified into fixed automation, programmable automation, flexible automation, and integrated automation. By technology, the Factory Automation market is categorized into supervisory control and data acquisition (SCADA), programmable automation controller (PAC), programmable logic controller (PLC), distributed control system (DCS), and human machine interface (HMI). By end-user, the market is sub-segmented into manufacturing, automotive, packaging & processing, energy & power, semiconductor & electronics, printing & converting and others.

Market Research Analysis:

Regional analysis for Factory Automation Market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. North America is the leading region among Europe, Asia-Pacific and Middle East & Africa. Asia-Pacific is the fastest growing region which is estimated to show high growth during forecast period. Increasing technology adoption and government initiatives to increase domestic manufacturing and production is expected to drive the growth of Factory Automation market in the region. However, high installation cost of automation solutions in the market is one of the major reason behind slow growth in the region.

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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

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