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US Factory Automation Market Size, Competitive Analysis, Share, Forecast- 2020-2026
US Factory Automation Market
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Therefore, the considerable increase in the adoption of material handling solutions including DCS, PLC, MES, and others for increasing efficiency of the manufacturing sector is anticipated to propel the growth of the market in the country.
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Automated technologies such as machine learning, industrial robotics have been adopted in various industries such as pharmaceutical manufacturing, heavy metal industry, food manufacturing industry, and automotive manufacturing. The automotive industry in the US is also inclined towards innovation.
New R&D initiatives are transforming the industry and creating significant opportunities for market players. According to the Auto Alliance, of the $105 billion spent on R&D, globally, almost $18 billion was spent in the US in 2018. With the growing automotive manufacturing industry in the US, the need for reducing manufacturing cost increases, that creates the demand for automation in the industry.
US Factory Automation Market – Segmentation
By Component
Industrial Robots
Machine Vision
Human Machine Interface(HMI)
Sensors
Control Valves
Others
By Control Systems
Programmable Logic Controllers (PLC)
Distributed Control Systems (DCS)
Supervisory Control and Data Acquisition System (SCADA)
Manufacturing Execution System (MES)
Others
By Industry
Automotive
Aerospace & Defense
Oil & Gas
Chemical
Food & Beverages
Healthcare
Others
Company Profiles
ABB Ltd.
Overview
ABB Ltd. in the US Factory Automation Market
Recent Developments
Dwyer Instruments, Inc.
Emerson Electric Co.
General Electric Co.
Honeywell International Inc.
Mitsubishi Electric Corp.
NovaTech, LLC
Rockwell Automation, Inc.
Siemens AG
Schneider Electric SE
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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