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Industrial Control and Factory Automation market is projected to grow from US$ 142700 million in 2023 to US$ 175630 million by 2029, at a Compound Annual Growth Rate (CAGR) of 3.5% - Valuates reports
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Industrial controls and factory automation use set technologies and automatic control devices that results the automatic operation and control of industrial processes without significant human intervention and achieving superior performance than manual control. These automation devices include PLCs, PCs, PACs, etc. and technologies include various industrial communication systems. It facilitates to increase the product quality, reliability and production rate while reducing production and design cost by adopting new, innovative and integrated technologies and services.
Market Analysis and Insights: Global Industrial Control and Factory Automation Market
Globally, the industrial controls and factory automation industry market is relatively concentrated as the manufacturing technology of industrial controls and factory automation is relatively high. And some enterprises, like SIEMENS, Mitsubishi Electric and ABB, etc. are well-known for the wonderful performance of their industrial controls and factory automation and related services. The consumption volume of industrial controls and factory automation is related to downstream industries and global economy. Industrial controls and factory automation is widely used in many industries and general manufacturing industry has the largest market share of no more than 35%, which followed by automotive industry of market share of about 33%.
Report Includes
This report presents an overview of global market for Industrial Control and Factory Automation market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Industrial Control and Factory Automation, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Industrial Control and Factory Automation, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Industrial Control and Factory Automation revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Industrial Control and Factory Automation market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Industrial Control and Factory Automation revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Siemens, ABB, Emerson, Mitsubishi, Schneider Electric, Rockwell, General Electric, Yokogawa and Omron, etc.
Segment by Type
Industrial Robots
Industrial 3D Printing
Control Valves
Machine Vision
HMI
Mail Sorting
Print Image Inspection
Other
Segment by Application
Automotive
Electrical & Electronics
Metals & Machinery
Pharmaceuticals
Cosmetics
Food and Beverage
Other
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