European Factory Automation Market Booming Worldwide with Latest Trend and Future Scope by 2029

The European factory automation market is estimated to grow significantly during the forecast period owing to the significant adoption of the industrial automation systems such as DCS, and MES in various industries such as automotive, aerospace and others. The overall shipment of robots is highest in Asia-Pacific however, the density of robots is the highest in Europe. According to the International Federation of Robotics, Europe has 106 industrial robots per 10,000 employees as compared to 85 on the global average and 91 of North America. Moreover, there is significant opportunity for implementation for AI in manufacturing that further provide significant opportunity to the market in the country.

Get Free Sample link @ https://www.omrglobal.com/request-sample/europe-factory-automation-market

The European market for factory automation is further classified on the basis of components, control systems, and Industry. Based on the component, the market is further classified into industrial robots, machine vision, human-machine interface(HMI), sensors, control valves, and others. The industrial robots segment is projected to have considerable growth in the European market. Based on the control systems, the European factory automation market is further segmented into programmable logic controllers (PLC), distributed control systems (DCS), supervisory control and data acquisition system (SCADA), manufacturing execution system (MES), and others( Product Lifecycle Management). The DCS segment held a significant market share in the European factory automation market. On the basis of industry, the market is further segregated into automotive, aerospace & defense, oil & gas, chemical, food & beverages, healthcare, and others. Based on geography, the European factory automation market is further segregated into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Among, geography Germany is projected to have a considerable share in the European factory automation market.

full report of European Factory Automation Market available @ https://www.omrglobal.com/industry-reports/europe-factory-automation-market

  • 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

European Factory Automation Market – Segmentation

By Component

  • Industrial Robots
  • Machine Vision
  • Human Machine Interface (HMI)
  • Sensors
  • Control Valves
  • Others

By Control Systems

  • Programmable Logic Controllers (PLC)
  • Distributed Control Systems (DCS)
  • Supervisory Control and Data Acquisition System (SCADA)
  • Manufacturing Execution System (MES)
  • Others

By Industry

  • Automotive
  • Aerospace & Defense
  • Oil & Gas
  • Chemical
  • Food & Beverages
  • Healthcare
  • Others

European Factory Automation Market – Segmentation by Region

  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe

The Report Covers

  • Comprehensive research methodology of the European factory automation market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the European factory automation market.
  • Insights about market determinants that are stimulating the European factory automation market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/europe-factory-automation-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 780-304-0404