Press release
Factory Automation Market, increased adoption of robotics to drive the market at a CAGR of 8.9 percent
Factory Automation Market
Factory Automation Market Scope and Research Methodology
The Factory Automation Market report includes overview in terms of historic and present situation, key manufacturers, segments and sub-segments, regions and marketplace. The report also looks at how drivers, restraints, and macro factors affect the global and regional in the medium and long run. The report provides an in-depth analysis of the global Factory Automation Market trends, predictions, and monetary values. The bottom-up approach is used to estimate size of the Factory Automation Market.
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Data from interviews, surveys, questionnaires and opinions of business owners, market leaders is collected in primary research whereas information from paid databases, public records, industry journals and annual reports is collected in secondary research. Collected data is analysed through qualitative and quantitative analysis.
Growing demand for automation in manufacturing driving the Factory Automation Market
Various industries combine information technology with machines and systems to create smart manufacturing infrastructure. The adoption of automation in manufacturing products reduced the human error and related other problems. These advantages are expected to drive the growth of the Factory Automation Market. Top key vendors are investing in research to improve efficiency in manufacturing to reduce costs and produce high quality results.
Lack of professionals and less awareness about the use and safety of factory automation expected to hamper the Factory Automation Market in the forecast period.
North America held the largest share of the Factory Automation Market in 2021
The rising need to minimize wastage, demand for energy-efficient solutions and large investments in the oil and gas sector is expected to grow the Factory Automation Market in North America.
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Growing need for automation in oil and gas and increasing infrastructure in power, water and wastewater in Europe are expected to drive the Factory Automation Market in Europe.
Factory Automation Market Segmentation
By Control & Safety System:
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 Component:
Sensor
Controller
Switch & Relay
Industrial Robot
Drive
Others
By Industry Vertical:
Automotive Manufacturing
Food & Beverage
Oil & Gas Processing
Mining
Others
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Factory Automation Market Key Players Include:
ABB Ltd
Emerson Electric Company
GE Company
Honeywell International Incorporation
Mitsubishi Electric Factory Automation
Omron Corporation
Rockwell Automation, Inc.
Schneider Electric SA
Siemens AG
Yokogawa Electric corporation
Kuka AG
Keyence Corporation
Fanuc Corporation
Bosch Rexroth
Fuji Electric Co., Ltd.
Endress+Hauser
Hitachi Ltd.
Table of Content for Factory Automation Market:
Global Factory Automation Market: Research Methodology
Global Factory Automation Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Factory Automation Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global Factory Automation Market Segmentation
Global Market, by Control & Safety System (2021-2029)
Global Market, by Component (2021-2029)
Global Market, by Industry Vertical (2021-2029)
Regional Factory Automation Market (2021-2029)
Regional Market, by Control & Safety System (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Industry Vertical (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Sensor Control & Safety System, Component, Industry Vertical
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Automation and Process Control research firm, has also published the following reports:
Smart Factory Market - Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-smart-factory-market/28399/
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https://www.maximizemarketresearch.com/market-report/industrial-automation-oil-gas-market/152501/
Home Automation System Market: Global Industry Analysis and Forecast (2022-2029) - know more
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Industrial Controller and Factory Automation Market - Global Industry Analysis and Forecast (2022-2027) - know more
https://www.maximizemarketresearch.com/market-report/global-industrial-control-and-factory-automation-market/24427/
Electronics Manufacturing Services Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-electronics-manufacturing-services-market/112137/
Flexible Hybrid Electronics (FHE) Market - Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-flexible-hybrid-electronics-fhe-market-industry-analysis-and-forecast-2020-2026-by-type-application-and-region/99907/
Automotive Electronics Control Unit Market (ECU) -Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/automotive-electronics-control-unit-market/13178/
Consumer Electronics Market - Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-consumer-electronics-market/10630/
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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