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Industrial Control & Factory Automation market Unlocking New Growth Avenues in the Market: Strategies and Opportunities

06-26-2023 09:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Report Ocean

Industrial Control & Factory Automation market Unlocking New

The industrial control and factory automation market size was valued at USD 134.2 billion in 2021 and is projected to reach USD 210.1 billion by 2030, with a compound annual growth rate (CAGR) of 9.4% from 2022 to 2030.

Industrial automation utilizes control systems such as computers, information technologies, and robots to manage complex machinery in various industries, replacing human labor. It represents an advancement beyond mechanization in the field of industrialization.

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Major market players in this industry include AGCO Corporation, Alamo Group Incorporated, Amazonen-Werke H. Dreyer GmbH & Company KG, ARGO SpA, Bucher Industries AG, Changzhou Dongfeng Agricultural Machinery Group Company Limited, China National Machinery Industry Corporation, CLAAS KGaA mbH, CNH Industrial NV, Deere & Company, Escorts Ltd., Iseki & Co. Ltd., J C Bamford Excavators Ltd. (JCB), Kubota Corporation, Mahindra & Mahindra Limited, Same Deutz-Fahr Group S.p.A. (SDF), Valmont Industries, Inc., Yanmar Co. Ltd., and Zetor Tractors A.S.

The objective of this study is to define the market sizes of different segments and countries in recent years and forecast their values for the next eight years. The report incorporates both qualitative and quantitative aspects of the industry, covering regions and countries involved in the study. It provides detailed information about driving factors, challenges, opportunities, competitive landscape, and product offerings of key players.

The market segments and sub-segments are as follows:

By Product:
- Tractors
- Harvesters
- Planting Equipment
- Irrigation & Crop Processing
- Spraying Equipment
- Hay & Forage Equipment
- Others

By Engine Capacity:
- 22 HP
- 1 to 100 HP
- 100 to 200 HP
- 201 to 300 HP
- 301 to 400 HP
- Above 400 HP

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By Crop:
- Grains
- Oil Seeds
- Fruit & Vegetables
- Others

By Application:
- Post-harvest & Agro Processing
- Land Development & Seed Bed Preparation
- Plant Protection
- Sowing & Planting
- Harvesting & Threshing
- Weed Cultivation
- Others

The regional analysis covers North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Spain, Italy, Russia, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, Rest of Asia Pacific), South America (Brazil, Argentina, Rest of South America), and the Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of MEA).

The study considers historical years as 2017 and 2020, the base year as 2021, and the forecast period from 2022 to 2030.

Get a sample PDF of the report at :-https://reportocean.us/sample-request/report_id/QUDNTL18

The target audience for this market study includes key consulting companies and advisors, large, medium-sized, and small enterprises, venture capitalists, value-added resellers (VARs), third-party knowledge providers, investment bankers, and investors.

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean is the world's leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations

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