Press release
Industry Controls and Factory Automation Market Analysis, Size, Share, Growth and Trends by Forecast to 2022
Industry Controls and Factory Automation Global Market - OverviewIndustrial controls and factory automations are the advanced technology to control the equipment and machines in the industries. The emergence of the information technology and adoption of the automation technologies has revolutionized the manufacturing sectors. The automation reduces the human intervention, so the human error are reduced which is causing various industrial unit to adopt the automation systems. According to a recent study report published by the Market Research Future, The Global Market of Industry Controls and Factory Automation has been growing since past few years. The market is expected to grow at a rapid pace during the forecast period (2016 – 2021). The Industry Controls and Factory Automation Market is forecasted to demonstrate a stirring growth by 2021, surpassing its previous growth records in terms of value at CAGR of about 4.6% from 2016 to 2021.
Robotics are mostly used in the factory automation and industry control as it leads to advantages in controlling, better precision, reducing assembly time, reduction in labour costs, and reduction in the risk of exposure to production hazards. These are the factors driving the industry control and factory automation market. Additionally, adoption of IOT and advancement in M2M communication technology are factors providing impetus to the growth of the industrial control and factory automation market. Factory automation plays a significant role in reducing energy consumption and increasing operational efficiency, which are the key drivers for the market.
However, lack of skilled professionals who can assist the implementation of automation processes may constraint the growth of the market up to some extent. However, this challenge may get ruled out soon since, industries are offering training programs and certifications to the employees. To shift from traditional manufacturing to smart manufacturing high investment are needed; whereas, due to low profit margin SMEs are can’t arrange funds; limited re-investment opportunities may pose as a restraining factor to the growth of the market. Alternatively, industrial revolution 4.0 would create opportunities in the market.
Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/1869
Key Players
The key players of Global Industry controls and factory automation Market report include-
• ABB Ltd.,
• Siemens AG,
• Emerson Electric Company,
• Mitsubishi Electric Corporation,
• Schneider Electric Se,
• General Electric Company,
• Omron Corporation,
• Rockwell Automation, Inc.,
• Yokogawa Electric Corporation,
• Nextnine Ltd.
Scope of the report
This study provides an overview of the global electric steering industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world. The scope of the study segments the global Industry controls and factory automation based on technology, component, and end user.
The emergence of the information technology and adoption of the automation technologies has revolutionized the manufacturing sectors. The automation reduces the human intervention, so the human error are reduced which is causing various industrial unit to adopt the automation systems. Robotics are mostly used in the factory automation and industry control as it leads to advantages in controlling, better precision, reducing assembly time, reduction in labor costs, and reduction in the risk of exposure to production hazards. This are the factors driving the industry control and factory automation market. The global Industry controls and factory automation market is expected to show a growth at CAGR of about 4.6% from 2016 to 2021.
Get Complete Report @ https://www.marketresearchfuture.com/reports/industry-controls-factory-automation-market-1869
List Of Figures
Figure 1 Global Industry Controls And Factory Automation Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis Of Global Industry Controls And Factory Automation Market
Figure 4 Value Chain Of Global Industry Controls And Factory Automation Market
Figure 5 Global Industry Controls And Factory Automation Market: By Technology, 2014-2022
Figure 6 Global Industry Controls And Factory Automation Market: By Component, 2014-2022
Figure 7 Global Industry Controls And Factory Automation Market: By End User, 2014-2022
Figure 8 Global Industry Controls And Factory Automation Market: By Region, 2014-2022
Figure 9 North America Industry Controls And Factory Automation Market: By Country, 2016
Figure 10 Europe Industry Controls And Factory Automation Market: By Country, 2016 (%)
Continue………
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 products, services, technologies, applications, end users, 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.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@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 Industry Controls and Factory Automation Market Analysis, Size, Share, Growth and Trends by Forecast to 2022 here
News-ID: 909819 • Views: …
More Releases from Market Research Future
Cerebral Palsy Industry Projected to Reach USD 4.036 billion by 2035 with Steady …
The global healthcare sector continues to place increasing emphasis on neurological disorders that require long-term management and multidisciplinary care. Among these, cerebral palsy remains one of the most common childhood motor disabilities, affecting movement, posture, and muscle coordination. As awareness grows and treatment options continue to advance, the cerebral palsy industry is witnessing steady expansion driven by improved diagnosis, therapeutic innovation, and rising investments in rehabilitation services.
According to Market Research…
Reclaimed Lumber Market revenue expected to rise from USD 53.47 Billion in 2024 …
Based on the market research report from Market Research Future, here is a detailed overview of the global reclaimed lumber market. This sector is thriving at the intersection of environmental sustainability and distinctive design.
What is Reclaimed Lumber?
Reclaimed lumber is wood sourced from old structures like barns, factories, warehouses, and wine barrels, which is then processed and remilled for new use. It offers a unique combination of environmental benefits-reducing deforestation and…
Cardiovascular Information Systems Industry Expected to Reach USD 1,330.86 milli …
The global healthcare sector is undergoing a rapid digital transformation, particularly in specialized areas such as cardiovascular care where data accuracy, workflow efficiency, and real-time monitoring are critical. Cardiovascular Information Systems (CVIS) have emerged as essential platforms that integrate imaging, patient records, diagnostic data, and clinical workflows to support comprehensive cardiac care management.
According to Market Research Future (MRFR), the Cardiovascular Information System Market was valued at USD 640.0 million in…
Low E-Glass Industry forecast highlights robust 6.5% CAGR growth through 2035
Low-emissivity (Low-E) glass has a microscopically thin, transparent coating that reflects infrared energy (heat) while allowing visible light to pass through. This principle helps keep buildings warm in the winter by reflecting interior heat back inside, and cool in the summer by blocking exterior heat, all while reducing harmful UV rays.
The Global Low-E Glass Market: An Overview
The global Low-E glass market is on a strong growth trajectory, driven by the…
More Releases for Industry
Hydro Lubricants Market Size, Analysis, and Forecast Report 2018 to 2026(By Indu …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing…
Hydro Lubricants Market Insights, Trends & Future Development Status Recorded du …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing…
Global Pyrite Market 2019 | Applications: Jewelry Industry, Sulfur Compounds Ind …
The major factor driving the pyrite market is the rising demand of jewelry and sulfur compounds market. This report researches the worldwide Pyrite market size (value, capacity, production, and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Pyrite breakdown data by manufacturers, region, type, and application, also analyzes the market status, market share, growth rate, future trends, market…
Lipase Enzymes Market Future Forecast Indicates Impressive Growth Rate (Segmenta …
Market Outlook
Increased consumption of processed food and dairy products among consumers has fuelled the demand and supply of lipase enzymes over the years. Lipase is an enzyme that catalyzes the hydrolytic reaction of fats, and reduces the formation of glycerol and fatty acids in all living organisms. It plays a vital role in the process of digestion by transporting and processing the ester bonds in triglycerides. Due to the varied…
Big Bag Connection System Market Segmented By technology Automatic, Semi-Automat …
Global Big Bag Connection System Market: An Overview
The key advancement in automation encourages manufacturers to adopt smart systems to increase productivity and to facilitate timely production. Owing to the perception of consumers as well as manufacturers regarding health and hygiene of product, the big bag connection system market is anticipated to propel during the forecast period. Big bag connection system ensure dust -free docking of big bags and provide flexibility…
Europe Plastic Pallet Market Size, Shares, Forecast Report 2016 : Food Industry, …
This report studies sales (consumption) of Plastic Pallet in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering
ShangHai Pallet Plastic Industry Co., Ltd.
Shanghai Lika Plastic Manufacturing Co., Ltd.
Guangzhou Plastic Industrial Corporation Ltd
Shandong Liyang Plastic Molding Co.,Ltd
Xinding Plastic
ZheJiang Primacy Plastic Industry Co., Ltd
Shanghai Qinghao Plastic Pallet Manufacture…
