Press release
Factory Automation Market Growth Analysis 2017 and Global Top Leaders: Honeywell, Siemens AG, ABB, Rockwell Automation, Schneider Electric, Mitsubishi, Yokogawa, Omron
Market Highlights
The changing consumer market has built high need of deployment of technically advanced automation process in manufacturing and production process of an industry. Flexible production system with high end IT enabled process provides fast, and safe production process which is efficient, flexible, reliable and cost-effective solution. The economic pressure which affects performance and growth of an industry is the one of the factor behind utilizing factory automation process.
The automated manufacturing & production process offers high potential leverage for improving productivity and profits for industrial process thereby also reduce energy consumption and cost associated with the manufacturing process. Programmable controllers, PACs, industrial robots, process control system, PLM software and discrete sensors are some of the popular products deployed by industrialist to automate their manufacturing and production process. Industrial robots have the ability of producing high quality products with precision and can generate high return on investment for the investors and also bring safety on the workplace.
The Factory Automation Market is growing rapidly over 8.59% of CAGR and is expected to reach at USD 240 billion by the end of forecast period 2022. Cost reduction, high efficiency in the process and ability to provide the overall information and initiate early stage development for the products are the major driving factors of this market.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 90 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Factory Automation Market Research Report -Forecast to 2022”.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/3565
Market Research Analysis:
Regional analysis for Factory Automation Market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. North America is the leading region among Europe, Asia-Pacific and Middle East & Africa. Asia-Pacific is the fastest growing region which is estimated to show high growth during forecast period. Increasing technology adoption and government initiatives to increase domestic manufacturing and production is expected to drive the growth of Factory Automation market in the region. However, high installation cost of automation solutions in the market is one of the major reason behind slow growth in the region.
Key Players
The prominent players in the Factory Automation Market are - Siemens AG, ABB Ltd, Emerson Electric Corporation, Rockwell Automation, Honeywell International Inc., Schneider Electric, Rexroth Bosch Group, Mitsubishi Electric Corporation, Yokogawa Electric Corporation, and Omron Corporation.
Key Findings:
• The global Factory Automation market is expected to grow at USD ~240 Billion by 2022, at ~8% of CAGR between 2016 and 2022.
• By Type, fixed automation is dominating the market and is expected to reach USD 120 billion by 2022.
• By Technology, SCADA is expected to grow with 10% CAGR during forecast period 2016-2022.
• North America is expected to dominate the market of Factory Automation market throughout the forecast period.
• By End-User- Manufacturing sector is dominating the market and is expected to reach USD 50 billion by the end of 2022.
Get complete Report @ https://www.marketresearchfuture.com/reports/factory-automation-market-3565
Factory Automation Market Segmentation
The Factory Automation Market has been segmented on the basis of type, technology, and end user. By type, the market is been classified into fixed automation, programmable automation, flexible automation, and integrated automation. By technology, the Factory Automation market is categorized into supervisory control and data acquisition (SCADA), programmable automation controller (PAC), programmable logic controller (PLC), distributed control system (DCS), and human machine interface (HMI). By end-user, the market is sub-segmented into manufacturing, automotive, packaging & processing, energy & power, semiconductor & electronics, printing & converting and others.
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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 Market Growth Analysis 2017 and Global Top Leaders: Honeywell, Siemens AG, ABB, Rockwell Automation, Schneider Electric, Mitsubishi, Yokogawa, Omron here
News-ID: 812658 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Automation
Linear Transfer Systems Market to Witness Huge Growth by 2028 | ATS Automation, …
Linear Transfer Systems Market research report provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets. It also offers an in-depth examination of new product launches, recent developments, untapped geographies, and recent developments. Moreover, the report also provides intelligent insights on future technologies, R&D activities, and breakthrough product developments.
Click Here For Free Sample + Related Graphs of the Report at: https://www.reportsnreports.com/contacts/requestsample.aspx?name=6210965
This research report…
Linear Transfer Systems Market Top Key Players Focused - ATS Automation, Rockwel …
“Linear Transfer Systems Market” report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors. The report also covers import/export data across all major regions covered in this report.
Download Sample PDF copy of this report @ https://www.upmarketresearch.com/home/requested_sample/65246
The key players covered in this study
ATS Automation
Rockwell Automation
Beckhoff Automation
Preh IMA Automation
Ruhlamat
Afag
Motion Index Drives
Pematech
TAKTOMAT
Haberkorn
Innovative Automation
Mecsmart Systems
Meto-Fer
This…
Global Linear Transfer Systems Market Report 2019 Companies included ATS Automat …
Market Reports Company has recently published 7th edition of Linear Transfer Systems Market Report which covers historic data of year 2013 to 2018 along with a forecast till year 2026.
For inquiry or free sample pages email us at: sales@marketreportscompany.com
The report provides a comprehensive view on the current state and future prospects of the market which analyzes different strategies for business growth. The global Linear Transfer Systems market was valued at…
Linear Transfer Automation Market Size 2018 by Top Key Players and Application w …
The Linear Transfer Automation report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market
This report studies the global Linear Transfer Automation market status and forecast, categorizes…
Digital Process Automation Market Report 2018: Segmentation by Component, Busine …
Global Digital Process Automation market research report provides company profile for IBM (US), Appian (US), DST Systems (US), OpenText (Canada), K2 (US), Bizagi (England), DXC (US), Infosys (India), Oracle (US), Pegasystems (US), Tibco (US) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Linear Transfer Systems Market Trend to 2023 Profiling ATS Automation, Rockwell …
MarketStudyReport.com adds New “Global Linear Transfer Systems Market by Manufacturers, Countries, Type and Application, Forecast to 2023” new report to its research database. The report spread across 108 pages with table and figures in it. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application.
An inherent sub-vertical of the Manufacturing and Construction Industry space, Linear Transfer Systems Market stands to gain remarkable proceeds over 2018-2023, as…
