Press release
Factory Automation And Assembly Technology Market Research Report 2023
Factory Automation And Assembly Technology MarketFactory automation, or industrial automation, is the connecting up of factory equipment to improve the efficiency and reliability of process control systems.
The global Factory Automation And Assembly Technology market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Factory Automation And Assembly Technology is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Factory Automation And Assembly Technology is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
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The global market for Factory Automation And Assembly Technology in Energy is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Factory Automation And Assembly Technology include Rockwell Automation, Inc., Honeywell International Inc., GE, ABB, Emerson Electric, Vista Automation, Johnson Controls, Mitsubishi Motors and Schneider Electric, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Factory Automation And Assembly Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Factory Automation And Assembly Technology.
The Factory Automation And Assembly Technology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Factory Automation And Assembly Technology market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Factory Automation And Assembly Technology companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
• Rockwell Automation, Inc.
• Honeywell International Inc.
• GE
• ABB
• Emerson Electric
• Vista Automation
• Johnson Controls
• Mitsubishi Motors
• Schneider Electric
• Siemens AG
Segment by Type
• Control System
• Software
• Sensors
• Services
• Others
Segment by Application
• Energy
• Automative
• Oil and Gas
• Healthcare
• Food and Beverage
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