Press release
US Factory Automation Market Report 2021: By Key Players, Size, Share and Forecast 2021-2027
The US factory automation market is projected to grow at a significant CAGR during the forecast period. The market growth is backed by the growing industrial robotics in various industries in the country. Furthermore, the US is projected to showcase considerable growth in the number of domestic robotic solutions, owing to the country’s government policies that aim at increasing domestic production rather than importing finished goods.A full report of US Factory Automation Market is available at: https://www.omrglobal.com/industry-reports/us-factory-automation-market
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.
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.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/us-factory-automation-market
Market Coverage
• Study Period- 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segments Covered- By Component, by Control Systems, and by Industry
• Key Companies Profiled- ABB Ltd., Honeywell International, Inc., Emerson Electric Co., General Electric Co., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, and others
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
Company Profiles
• ABB Ltd.
• 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
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
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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