Factory Automation Market Size, Share, Sales Revenue, Emerging Technologies, Applications and Forecast Analysis 2020 - 2027

Factory Automation Market by Control and Safety System, Component, and Industry Verticals: Global Opportunity Analysis and Industry Forecast, 2017-2025, the global factory automation market accounted for $190,882.2 million in 2017, and is expected to reach $368,372.4 million by 2025, registering a CAGR of 8.8% from 2018 to 2025. In 2017, the factory automation market in Europe dominated the global market share in terms of revenue by accruing 35.5% share, which was followed by Asia-Pacific.

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The latest analysis on Global Factory Automation Market is based on several organizations from different regions leading across the globe. The 200+ pages report offers significant information along with highlighting the drivers, restraints, and opportunities of the market. The study also aims to provide comprehensive information on the latest market trends, strategies, and competitions among the market players in the global Factory Automation Market. The analysis covers both the historical and forecasted data from 2014 to 2021 and 2021 to 2027 along with other segments including product overview, material required, and other growth aspects.

Factory Automation Market Competitive Analysis:

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.

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Covid-19 Impact on the Global Advanced Packaging Market:

Factory Automation Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2027). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.

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Factory Automation Market Segmentation:

The global factory automation market is segmented into control systems, components, end user, and geography. On the basis of control systems, the market is divided into a distributed control system (DCS), supervisory control and data acquisition system (SCADA), manufacturing execution system (MES), safety instrumented system (SIS), programmable logic controllers (PLC), and human-machine interface (HMI). The SCADA segment dominated the market in 2018, contributing more than one-fifth of the market in 2018. However, the PLC segment is estimated to manifest the fastest CAGR of 9.4% during the forecast period.

Factory Automation Market Regional Analysis:

The report offers a region-wise analysis of the market along with the competitive landscape in each region. The study covers regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights assist to formulate strategies and create new opportunities to accomplish remarkable outcomes.

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Key Findings of the Factory Automation Market:

In 2017, the automotive manufacturing segment dominated the global factory automation market, in terms of revenue, and is projected to grow at a CAGR of 9.5% during the forecast period.
The supervisory control and data acquisition system (SCADA) segment is projected to grow at a CAGR of 9.1% during the forecast period.
Asia-Pacific is projected as one of the fastest growing markets for factory automation, and is expected to witness significant growth rate in the near future.
KEY QUESTIONS ANSWERED IN THE REPORT:

Q1. At what CAGR, the Factory Automation Market would grow from 2021 - 2027?

Q2. What will be the revenue of Global industry by the end of 2027?

Q3. How can I get sample report of Factory Automation Market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in the Factory Automation Market?

Q6. How can I get company profiles of frontrunners of global market?

Q7. What are the segments of Factory Automation Market?

Q8. What are the major development strategies of Factory Automation Market Players?

Q9. By product, which segment would showcase the highest CAGR during the forecast period?

Q10. By Region, which segment holds a lead position in 2020?

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