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Factory Automation & Industrial Controls Market 2023 by Type, Share, Applications, Key Players, Growth, Trends and Forecast to 2029

06-17-2023 09:00 AM CET | IT, New Media & Software

Press release from: ReportsandReports

Factory Automation & Industrial Controls Market

Factory Automation & Industrial Controls Market

The global Factory Automation & Industrial Controls market is projected to grow from US$ 114700 million in 2023 to US$ 146300 million by 2029, at a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period. Factory automation implies a set of technologies and automatic control devices to enhance the productivity and quality of products and simultaneously decrease the production cost. "Factory Automation & Industrial Controls Market" 2022 research report offers the market competition landscape and a corresponding comprehensive study of the prominent players in this market. Factory Automation & Industrial Controls market report delivers study of the key trends in each sub-segment of the worldwide Factory Automation & Industrial Controls report, with estimates for development at the global, regional, and country level and categorized the market based on product type, applications, and regions. Furthermore, receive exact details and statistics associated to Factory Automation & Industrial Controls market and its key factors such as revenue, growth, compound annual growth, year-over-year developments, consumption, and production. Also known as industrial automation, it minimizes human intervention in the industry and ensures a superior performance as compared to humans. It comprises the use of computers, robots, control systems, and information technologies to handle industrial processes.

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Major Players in Factory Automation & Industrial Controls market are:
- Siemens
- Mtsubishi Electric
- ABB
- Emerson
- Rockwell Automation
- Schneider Electric
- Keyence
- Bosch Rexroth
- Honeywell
- Fanuc
- Omron
- Yokogawa Electric
- Fuji Electric
- KuKa
- Inovance Group
- General Electric

Factory Automation & Industrial Controls Market Segmentations:
by Type
- Control Systems
- Measurement & Analytical Products
- Switches & Safety Components
- Industrial Robot
- Others

by Application
- General Manufacturing
- Automotive
- Power Industry
- Oil & Gas
- Others

Geographical Segmentation and Competition Analysis
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Rest of L.A.)
• Middle East and Africa (Turkey, GCC, Rest of Middle East)

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Factory Automation & Industrial Controls Market report provides qualitative analysis, providing market driving factor analysis, market development constraints, industry trends under COVID-19, market entry strategy analysis, etc.

Overview of Factory Automation & Industrial Controls Market Report:
• Provides study coverage of Factory Automation & Industrial Controls market by studying objectives like product introduction, market size growth rate by type and application.
• Provides Factory Automation & Industrial Controls industry executive summary by sales estimates revenue estimates and forecasts.
• Analysis market size of sales, revenue, and price by type (historical sale, forecasted sales).
• Analysis market size of sales, revenue, and price by application (historical sale, forecasted sales).
• Provides regional analysis Factory Automation & Industrial Controls Market including North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• Provides company profile including corporation information, overview, and related development.

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