Factory Automation Market 2021 Size, Statistics, Growth, Opportunity, Trends Regional and Industry Forecast To 2025

factory automation market accounted for $203.98 billion in 2018 and is estimated to garner $368.37 billion by 2025, registering a CAGR of 8.8% from 2018 to 2025.

A rise in demand for automation for qualitative and reliable manufacturing, increasing the need for mass production with reduced operation cost, and surge in adoption of industry 4.0 & enabling technologies industries have boosted the growth of the global factory automation market. However, a dearth of professionals as well as awareness regarding security and high implementation expenses for factory automation systems hamper the market growth. On the contrary, a rise in demand for automation in Asian countries such as China and Japan are expected to create lucrative opportunities in the near future.

Allied Market Research recently published a report titled, “Factory Automation Market: Global Opportunity Analysis and Industry Forecast 2020-2027’’.The market report presents the top factors and market trends that are real behind the growth of the market. It also offers an extensive study of evolving market dynamics, top investment pockets, key sections, competitive scenarios, value chain, and major investment prospects. These figures and data are helpful for startups, stakeholders, investors, and the key market players to obtain useful understandings and visions on the market and implement necessary strategies based on the same.

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Factory Automation Market Competitive Analysis:

The report provides analysis of the major market players including Mitsubishi Electric Factory Automation, ABB Ltd., Honeywell International Incorporation, Siemens, Schneider Electric SA, Emerson Electric Corporation, Rockwell Automation, Inc., Omron Corporation, GE Company, and Yokogawa Electric Corporation

Covid-19 Impact on the Global Factory Automation 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 (2021-2024). 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.

COVID-19 Scenario:

Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.

However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.

Get detailed COVID-19 impact analysis on the Factory Automation Market @ https://www.alliedmarketresearch.com/request-for-customization/4695?reqfor=covid

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 Geographical Analysis:

The report also provides a regional analysis of the market along with the competitive setting in each region. The research report encompasses 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 segmentations aid the market players in framing respective tactics, thus leading way to lucrative opportunities to attain their objectives.

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Factory Automation Market Key Segments:

By Control Systems

Distributed Control System (DCS)
Supervisory Control and Data Acquisition System (SCADA)
Manufacturing Execution System (MES)
Safety Instrumented System (SIS)
Programmable Logic Controller (PLC)
Human Machine Interface (HMI)

By Components

Sensors
Controllers
Switches & Relays
Industrial Robots
Drives
Others

By End User

Automotive Manufacturing
Food & Beverage
Oil & Gas Processing
Mining
Others

By Region

North America
U.S.
Mexico
Canada
Europe
UK
Germany
Italy
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

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

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