Press release
Factory Automation Industry to Witness Massive Growth (2024-2031) | ABB, Siemens, Schneider Electric, Mitsubishi Electric, General Electric, Honeywell
Get a Free Sample Research PDF - https://datamintelligence.com/download-sample/factory-automation-market
The Factory Automation market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Factory automation refers to the use of control systems, such as computers, robots, and artificial intelligence, to automate manufacturing processes and operations within a factory or industrial setting. This technology aims to enhance productivity, efficiency, and precision by reducing the need for manual intervention and minimizing human error. Factory automation encompasses various systems, including assembly lines, robotic arms, conveyor belts, and programmable logic controllers (PLCs), which work together to streamline production, improve quality control, and reduce operational costs. It enables manufacturers to achieve consistent product quality, faster production rates, and greater flexibility in adapting to changing demands.
Forecast Growth Projected:
The Global Factory Automation Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Factory Automation Market:
ABB, Siemens, Schneider Electric, Mitsubishi Electric, General Electric, Honeywell, Rockwell Automation, Yokogawa Electric Corporation, HP and Omron Corporation
Segment Covered in the Factory Automation Market:
By Component: Industrial Robots, Vision Machines, Control Valves, Field Instruments, Human-Machine Interface (HMI), Industrial PC, Sensors, Other
By Solutions: Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controllers (PLC), Distributed Control Systems (DCS), Manufacturing Execution Systems (MES), Product Lifecycle Management (PLM), Functional Safety, Plant Asset Management (PAM), Others
By End-User: Oil & Gas, Chemicals, Paper & Pulp, Pharmaceuticals, Mining & Metals, Food & Beverages, Energy & Power, Automotive, Electronics & Semiconductors, Aerospace and Defense, Medical Devices, Others
Regional Analysis:
The global Factory Automation Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
Get Customization in the report as per your requierments: https://datamintelligence.com/customize/factory-automation-market
Regional Analysis:
The global Factory Automation Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Factory Automation Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Factory Automation manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Factory Automation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
Get a Free Sample PDF copy of the report @ https://datamintelligence.com/download-sample/factory-automation-market
FAQs
How fast is the Factory Automation Market growing?
The Factory Automation Market will exhibit a CAGR of 8.1% during the forecast period, 2024-2031.
Read Latest Blog: https://www.datamintelligence.com/blogs/top-10-process-automation-companies-worldwide
Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Factory Automation Industry to Witness Massive Growth (2024-2031) | ABB, Siemens, Schneider Electric, Mitsubishi Electric, General Electric, Honeywell here
News-ID: 3628209 • Views: …
More Releases from DataM intelligence 4 Market Research LLP
Orthopedic Devices Market to Reach US$86.56 Billion by 2033 | CAGR 4.1% | North …
Market Overview
The Global Orthopedic Devices Market reached US$ 58.56 billion in 2024 and is projected to grow to US$ 86.56 billion by 2033, expanding at a CAGR of 4.1% during the forecast period 2025-2033. Orthopedic devices are specialized medical equipment designed to treat, support, and replace components of the musculoskeletal system, including bones, joints, and soft tissues. These devices are essential for managing conditions caused by trauma, congenital abnormalities, or…
Gene Therapy Market to Reach US$ 35.91 Billion by 2033 | CAGR 23.1% | North Amer …
Market Overview
The Global Gene Therapy Market reached US$ 4.80 billion in 2024 and is projected to grow to US$ 35.91 billion by 2033, expanding at a CAGR of 23.1% during the forecast period 2025-2033. The market is witnessing rapid growth, driven by advancements in genomics, biotechnology, and personalized medicine, and is transforming the treatment landscape for genetic disorders, rare diseases, and cancer. Significant R&D investments, strategic partnerships, and regulatory approvals…
United States Cloud Market 2031 | Growth Drivers, Key Players & Investment Oppor …
Market Size and Growth
The Global Cloud Market is estimated to have reached around USD 373 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 202 billion by 2031. The market is growing at a CAGR of 23.9% during the forecast period 2024-2031.
Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/cloud-market?sb
Key Development:
United States: Recent Cloud Computing Developments
✅ In…
High-Speed Steel (HSS) Market to Reach USD 5.1 Billion by 2032 | CAGR 5.76% | As …
Market Overview
The Global High-Speed Steel (HSS) Market reached US$ 3.1 billion in 2024 and is projected to grow to US$ 5.1 billion by 2032, expanding at a CAGR of 5.76% during the forecast period 2025-2032. The market growth is being driven by rising demand from key end-use industries such as automotive, aerospace, and industrial machinery, where high-speed steel is critical for cutting tools, drills, and machining operations due to its…
More Releases for Factory
Factory Direct vs Trading Company Why Sourcing Massage Guns from a Factory
Understanding the Sourcing Landscape for Massage Guns
When diving into the world of massage gun sourcing, it's essential to understand the two main players: factory direct manufacturers [https://www.dariushealth.com/about-us/] and trading companies. Each serves a distinct role in the supply chain, and knowing their differences can save you time, money, and headaches.
Factory Direct vs. Trading Companies
Factory Direct means working straight with the massage gun manufacturer. You get access to custom deep tissue…
Prominent Smart Factory Market Trend for 2025: Advanced Technologies Reshape The …
Which drivers are expected to have the greatest impact on the over the smart factory market's growth?
The escalation in need for industrial robots is anticipated to spur the expansion of the smart factory market. Industrial robots are mechanical devices programmed to autonomously carry out production-related tasks in industrial settings. A smart factory emphasizes on resource optimization and industrial automation, employing instruments like information and smart sensor technologies, robotics, the Internet…
Factory Automation Sensor Market Report 2024 - Factory Automation Sensor Market …
"The Business Research Company recently released a comprehensive report on the Global Factory Automation Sensor Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The factory automation sensor…
Smart Factory Services – Successful conversion to a smart factory
Weinstadt, May 06, 2024 - The system manufacturer KELCH GmbH has developed a modular overall concept to support individual companies in setting up and expanding their smart factory. Our so-called Smart Factory Services are tailored to the needs of machining companies and consist of modules that can be flexibly combined. This offers manufacturing companies the option of only obtaining the solutions that they actually need – whether to improve processes…
Factory Automation Market Future Assessment 2021-2027 : ABB Ltd., Mitsubishi Ele …
Allied Market Research published an exclusive report, titled, “Factory Automation Market by Control and Safety System (Distributed Control System (DCS), Supervisory Control and Data Acquisition System (SCADA), Manufacturing Execution System (MES), Safety Instrumented System (SIS), Programmable Logic Controllers (PLC), and Human Machine Interface (HMI)), Component (Sensor, Controllers, Switches & Relays, Industrial Robots, Drives, and Others), and Industry Vertical (Automotive Manufacturing, Food & Beverage, Oil & Gas Processing, Mining, and Others)…
Fermented Tea Market to witness remarkable growth By 2026| Menghai Tea Factory, …
"The new report has been added by qyresearch.com to provide detailed insight into the global Fermented Tea market. The study will help to get a better understanding about the Fermented Tea industry competitors, a channel for the distribution, Fermented Tea growth potential, potentially disruptive trends, Fermented Tea industry product innovations, market size value/volume (regional/country level, Fermented Tea industry segments), market share of top players/products.
Due to the pandemic, we have included…
