The global market for factory automation is projected to have considerable CAGR of around 9.2% during the forecast period. Industrial automation is a trending solution that uses monitoring and control systems to enhance the processing and performance of machinery and reduce manual tasks by replacing them with computers, robots, and information technologies. This advanced automation can be delivered by wireless technology across the industrial verticals to integrate digitalization and modernization with the increasing advent in the industrialization process.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Factory Automation Market by Component
- Industrial Robots
- Machine Vision
- Human Machine Interface(HMI)
- Sensors
- Control Valves
- Others( Field Instruments)
Global Factory Automation Market by Control Systems
- Programmable Logic Controllers(PLC)
- Distributed Control Systems (DCS)
- Supervisory Control and Data Acquisition System (SCADA)
- Manufacturing Execution System (MES)
- Others( Product Lifecycle Management)
Global Factory Automation Market by Industry
- Automotive
- Aerospace & Defense
- Oil & Gas
- Chemical
- Food & Beverages
- Healthcare
- Others( Mining and Electronics)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ABB Ltd.
- Azbil Corp.
- Dwyer Instruments, Inc.
- Danfoss A/S
- Emerson Electric Co.
- Endress+Hauser Group Services AG
- Fuji Electric Co., Ltd.
- Fanuc Corp.
- General Electric Co.
- Honeywell International Inc.
- Hitachi, Ltd.
- KROHNE Messtechnik GmbH
- Mitsubishi Electric Corp.
- NovaTech, LLC
- Omron Corp.
- Rockwell Automation, Inc.
- Siemens AG
- Schneider Electric SE
- WIKA Instruments India Pvt. Ltd.
- Yokogawa Electric Corp.
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global factory automation market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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