openPR Logo
Press release

Factory Automation Market with Trend Shows a Rapid Growth, Competitive Analysis, Future Prospects, Market Size, Share, Growth Factors, Forecast to 2028

11-29-2022 02:57 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Factory Automation Market

Factory Automation Market

Global Factory Automation Market Analysis to 2028 is a specialized and in-depth study of the Factory Automation market with a special focus on the global market trend analysis. The factory automation market is expected to grow from US$ 154.99 billion in 2022; it is estimated to grow at a CAGR of 8.2% from 2022 to 2028. Leading factors boosting the growth of the factory automation market are the rise in the adoption of IoT, constant improvement in industrial robotics, and the emergence of the 5G technology. Further, the demand for safety compliance automation products is expected to provide significant growth opportunities to the factory automation market in the near future. However, the need for substantial capital investment to establish an error-free automation system is anticipated to pose a big challenge to the market's growth during the forecast period. Factory Automation Market research involves the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges. New Report on "Factory Automation Market" makes a brilliant attempt to unveil key opportunities available in the global Factory Automation Industry to help players in achieving a strong market position.

Get Sample Brochure at: https://www.theinsightpartners.com/sample/TIPRE00009863/?utm_source=OpenPR&utm_medium=10397

Top Listed Players in this Report are:
ABB Ltd.
Emerson Electric Co.
Fanuc Corporation
General Electric Company
Mitsubishi Electric Corporation
Honeywell International Inc.
OMRON Corporation
Rockwell Automation, Inc.
Siemens AG
Bosch Rexroth AG

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Factory Automation Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Factory Automation Market is analyzed and depicted in the report.

Market Dynamics:
The increasing awareness regarding the use of the growing adoption of electric vehicles and energy-efficient motors are some of the major factors driving the growth of the market. However, the motors with high power generate extensive vibration, strain, and heating during their functioning, which are the elements restraining the growth of the market. The Increase in HVAC installations and rise in construction activities, especially in the developing economies, further accelerates the adoption of electric AC motors.

Get Discount On This Report: https://www.theinsightpartners.com/discount/TIPRE00009863/?utm_source=OpenPR&utm_medium=10397

Technology-Based Insights - Factory Automation Market
Based on technology, the market is segmented into programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition system (SCADA), human machine interface (HMI), and others. The SCADA segment accounted for the largest factory automation market share in 2021.

Market Segmentation:
The market is segmented based on component, type, technology, industry vertical, and geography. Based on component, the factory automation market is segmented into hardware and software. The hardware segment is further divided into sensors, controllers, robots, drives, and others. Based on type, the factory automation market is categorized into programmable automation, fixed automation, and flexible automation. Based on technology, the market is divided into programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition system (SCADA), human machine interface (HMI), and others.

Buy Complete Report at: https://www.theinsightpartners.com/buy/TIPRE00009863/?utm_source=OpenPR&utm_medium=10397

Contact Us :
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Factory Automation Market with Trend Shows a Rapid Growth, Competitive Analysis, Future Prospects, Market Size, Share, Growth Factors, Forecast to 2028 here

News-ID: 2827059 • Views: 209

More Releases from The Insight Partners

Angiography Devices Market Segments, Organization Size, Production, Revenue Data …
Global Angiography Devices Market 2023 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market. Download Sample Copy @ https://www.theinsightpartners.com/sample/TIPHE100001300/?utm_source=OpenPR&utm_medium=10379 Key Players Analysis: Siemens AG Cardinal Health Inc. Koninklijke Philips NV Canon Medical Systems Corporation GENERAL ELECTRIC COMPANY Shimadzu Corporation Boston Scientific Corporation B. BRAUN
Congestive Heart Failure Treatment Device Market Partnering Deals of Key Players …
Global Congestive Heart Failure Treatment Device Market 2023 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market. Download Sample Copy @ https://www.theinsightpartners.com/sample/TIPHE100001291/?utm_source=OpenPR&utm_medium=10379 Key Players Analysis: Boston Scientific Corporation BIOTRONIK SE & Co. KG Abbott (St. Jude Medical) Micromed AS LivaNova PLC ABIOMED Teleflex Incorporated Jarvik Heart, Inc. Berlin Heart The report covers key developments in the Congestive Heart Failure Treatment Device market
Plastic to Fuel Market Revenue to Cross US$ 8,804.20 Million by 2028: The Insigh …
According to our latest market study on "Plastic to Fuel Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Technology and End Product," the plastic to fuel market is expected to grow from US$ 3,645.23 million in 2022 to US$ 8,804.20 million by 2028; it is estimated to grow at a CAGR of 15.8% from 2021 to 2028. The global plastic to fuel market analysis is segmented into
Virtual Pipeline Systems Market Size Worth US$ 1,886.83 Million By 2028 | CAGR 9 …
According to the new research report published by The Insight Partners on "Virtual Pipeline Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Standard Trailer and Towable Trailer), Gas (CNG, Hydrogen, and Others), Pressure Rating (Less Than 3000 Psi, 3001 to 5000 Psi, and More Than 5000 Psi), and Application (Industrial, Transportation, Commercial, and Residential) Increased investments in natural gas research and development by oil &

All 5 Releases


More Releases for Automation

Linear Transfer Systems Market to Witness Huge Growth by 2028 | ATS Automation, …
Linear Transfer Systems Market research report provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets. It also offers an in-depth examination of new product launches, recent developments, untapped geographies, and recent developments. Moreover, the report also provides intelligent insights on future technologies, R&D activities, and breakthrough product developments. Click Here For Free Sample + Related Graphs of the Report at: https://www.reportsnreports.com/contacts/requestsample.aspx?name=6210965 This research report
Linear Transfer Systems Market Top Key Players Focused - ATS Automation, Rockwel …
“Linear Transfer Systems Market” report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors. The report also covers import/export data across all major regions covered in this report. Download Sample PDF copy of this report @ https://www.upmarketresearch.com/home/requested_sample/65246 The key players covered in this study ATS Automation Rockwell Automation Beckhoff Automation Preh IMA Automation Ruhlamat Afag Motion Index Drives Pematech TAKTOMAT Haberkorn Innovative Automation Mecsmart Systems Meto-Fer This
Global Linear Transfer Systems Market Report 2019 Companies included ATS Automat …
Market Reports Company has recently published 7th edition of Linear Transfer Systems Market Report which covers historic data of year 2013 to 2018 along with a forecast till year 2026. For inquiry or free sample pages email us at: sales@marketreportscompany.com The report provides a comprehensive view on the current state and future prospects of the market which analyzes different strategies for business growth. The global Linear Transfer Systems market was valued at
Linear Transfer Automation Market Size 2018 by Top Key Players and Application w …
The Linear Transfer Automation report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market This report studies the global Linear Transfer Automation market status and forecast, categorizes
Digital Process Automation Market Report 2018: Segmentation by Component, Busine …
Global Digital Process Automation market research report provides company profile for IBM (US), Appian (US), DST Systems (US), OpenText (Canada), K2 (US), Bizagi (England), DXC (US), Infosys (India), Oracle (US), Pegasystems (US), Tibco (US) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Linear Transfer Systems Market Trend to 2023 Profiling ATS Automation, Rockwell …
MarketStudyReport.com adds New “Global Linear Transfer Systems Market by Manufacturers, Countries, Type and Application, Forecast to 2023” new report to its research database. The report spread across 108 pages with table and figures in it. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. An inherent sub-vertical of the Manufacturing and Construction Industry space, Linear Transfer Systems Market stands to gain remarkable proceeds over 2018-2023, as