Factory automation involves a set of technologies and control devices that enhance productivity, as well as the quality of products, while decrease the production cost. Factory automation regulates industrial processes and guarantees consistent, superior-quality results, which in turn has helped it to gain high demand in various industries for qualitative manufacturing. Moreover, it fulfils the demand of mass production in industries attributing to its features such as improved quality, minimal human intervention, and lesser labor expenses, which result in least overall operational cost.
Top Companies Covered in this Report: ABB Ltd.,Emerson Electric Company,Fanuc Corporation, GE Company, Honeywell International Inc., Mitsubishi Electric Corporation, Omron Corporation, Robert Bosch GmbH, Rockwell Automation, Inc., Siemens AG
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What is the Dynamics of Factory Automation Market?
The major factor that is boosting the growth of the factory automation market is the adoption of IoT and constant improvement in industrial robotics. In addition, demand for safety compliance automation products is further expected to provide significant growth opportunities for the factory automation market in the near future. However, significant capital investments for establishing an error-free automation system is anticipated to pose a big challenge in the growth of the factory automation market.
What is the SCOPE of Factory Automation Market?
The “Global Factory automation Market Analysis to 2027” is a specialized and in-depth study of the factory automation industry with a special focus on the global market trend analysis. The report aims to provide an overview of factory automation market with detailed market segmentation by product, type, technology, industry vertical, and geography. The global factory automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading factory automation market players and offers key trends and opportunities in the market.
What is the Market Segmentation?
The global factory automation market is segmented on the basis of type, product, technology, and industry vertical. Based on product, the market is segmented as sensors, controllers, industrial, robots, drives, others. On the basis of type, the market is segmented into programmable automation, fixed automation, integrated automation, and flexible automation. Further, the factory automation market based on technology is divided into programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition system (SCADA), human machine interface (HMI), Others. Based on industry vertical, the factory automation market is divided into automotive, food and beverage, oil and gas, manufacturing, mining, others.
What is the Regional Framework of Factory Automation Market?
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global factory automation market based on various segments. it also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The factory automation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Table Of Content
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FACTORY AUTOMATION MARKET LANDSCAPE
5. FACTORY AUTOMATION MARKET – KEY MARKET DYNAMICS
6. FACTORY AUTOMATION MARKET – GLOBAL MARKET ANALYSIS
7. FACTORY AUTOMATION MARKET – REVENUE AND FORECASTS TO 2027 – TYPE
8. FACTORY AUTOMATION MARKET – REVENUE AND FORECASTS TO 2027 – PRODUCT
9. FACTORY AUTOMATION MARKET – REVENUE AND FORECASTS TO 2027 – TECHNOLOGY
10. FACTORY AUTOMATION MARKET – REVENUE AND FORECASTS TO 2027 – INDUSTRY VERTICAL
11. FACTORY AUTOMATION MARKET REVENUE AND FORECASTS TO 2027 – GEOGRAPHICAL ANALYSIS
12. INDUSTRY LANDSCAPE
13. FACTORY AUTOMATION MARKET, KEY COMPANY PROFILES
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