Factory Automation Mechanical Component Market 2021 Business Scenario - ABB, Emerson, Rockwell, Siemens, GE, Schneider

A latest published report on Global Factory Automation Mechanical Component Market industry analysis and forecast 2021–2026. An analysis report published by Market Intelligence Data is an in-depth study and detailed information regarding the market size, market performance and market dynamics of the Factory Automation Mechanical Component. This market report provides a holistic scope of the market which includes future supply and demand scenarios, changing market trends, high growth opportunities, and in-depth analysis of the future market prospects. This has brought along several changes in market conditions. This report provides latest insights about the market’s drivers, restraints, opportunities, and trends. It also discusses the growth and trends of various segments and the market in various regions. This is a latest report, covering the current COVID-19 impact on the market.

The Global Factory Automation Mechanical Components market is valued at $ 490.23 billion in 2020 and is anticipated to grow with a CAGR of 6.5% during the forecast period 2021 -2026.

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The major players covered in the Factory Automation Mechanical Component market – ABB, Emerson, Rockwell, Siemens, GE, Schneider, Yokogawa, Omron, Mitsubishi, Honeywell, 3M and others.

Industry News and Updates:

May 24, 2017: ABB to acquire B&R to strengthen lead in industrial automation

ABB has announced its acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation worldwide. B&R, founded in 1979 by Erwin Bernecker and Josef Rainer is headquartered in Eggelsberg, Austria, employs more than 3,000 people, including about 1,000 R&D and application engineers. It operates across 70 countries, generating sales of more than $600 million (2015/16) in the $20 billion machine and factory automation market segment.

Market Overview:

Mechanical Components are an indivisible module in a factory and industrial automation which are fabricated in a particular continuous order to execute a required function. These components are varied in size and design depend upon the function it performs. 

Segment by Type

Shafts

Screws

Nuts

Clamps

Sensors

Others

Segment by Application

Automotive

Chemical

Oil & Gas

Pharmaceutical

Packaging

Food & Beverages

Others

The current market situations and prospects of the sector also have been examined. Additionally, prime strategical activities in the market, which include product developments, mergers, and acquisitions, partnerships, etc., are discussed. Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.)

Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, and revenue and Industry share for each manufacturer covered in this report. This report focuses on global level, regional level and company level and represents overall Factory Automation Mechanical Component Industry size by analyzing historical data and future prospect.

The report provides a comprehensive analysis of:

Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs

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Customization of the Report: The report can be further customized according to the client’s specific research requirements. No additional charges will be added for limited additional research.           

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.      

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MarketIntelligenceData provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketIntelligenceData provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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