Factory Automation Market Overview

Global Factory Automation Market Report 2020-2029 (forecast period) examines market growth drivers, regional level analysis, Factory Automation Market distributors and competitive landscape analysis of key players Of the industry. Each sector of the global Factory Automation market is examined in detail in the research report. The segment market study reveals significant opportunities in the Factory Automation leading global segment of the industry. The Global Factory Automation Market study helps the to gain a comprehensive understanding of the recent and future developments in various geographical markets. The report also includes a comprehensive analysis of the global Factory Automation market and key dynamics, including market impact and effect variables, as well as drivers, threats, restraints, trends and prospects for growth.

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Factory Automation Market scope

The main objective of the report is to provide detail analysis of Factory Automation Market definition, segmentation, potential, competitive environment, important trends, and issues occurring while dealing with the industry's key regions and major nations. Bottom-up approach was used to estimate the Factory Automation Market size and volume. A thorough analysis of Factory Automation market drivers, obstacles, key restrictions, and potential is studied.

The report includes a SWOT and PESTEL analysis of the Factory Automation market. SWOT analysis helps to find out strengths and weaknesses of the Factory Automation Market. Also, the report evaluates the market segments based on market volume, market size, market volume, and investment potential, and incremental revenue of the Factory Automation market. Primary and secondary research was conducted in the Factory Automation market research. Primary research includes interviews with industry experts and Factory Automation Market surveys at the same time secondary research includes verification of documents and white papers. Factory Automation Market revenue was calculated through primary and secondary research methods.

Segmentation

Supervisory control & data acquisition (SCADA), which dominated the factory automation market in 2021 based on Control & Safety System, is anticipated to expand at a CAGR of 9.1% over the course of the forecast period. An industrial process automation system called supervisory control and data acquisition (SCADA) is used to gather data from instruments and equipment at remote and in-plant locations. This system collects, transmits, and controls data as well as monitors and controls process inputs and outputs.

Industrial Robots, which dominated the factory automation market in 2021 based on component, is anticipated to expand at a CAGR of 6.4% over the course of the forecast period. Industrial robot demand is primarily seen in the automotive and heavy engineering sectors. Also increasing demand for industrial robots is the need for smart production in unconventional fields like microelectronics. The need for industrial robots to perform crucial tasks quickly and safely at the workplace has increased, and this is due in part to the heavy engineering sector.

According to Industry Vertical, the factory automation market was dominated by Automotive Manufacturing in 2021 and is anticipated to expand at a CAGR of 9.5% over the next five years. In the automotive sector, there is a growing need for automation to complete complicated and repetitive tasks. Automation can help with these tasks, producing results that are affordable, dependable, and effective. In addition, there is a rise in the need for mass production to meet the needs of the expanding population. In order to deal with the growth in competition and to achieve safe, quick, and efficient production results, various manufacturing and automotive industries are concentrating on adopting smart manufacturing systems and logistics systems.

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Key Players

• ABB Ltd
• Emerson Electric Company
• GE Company
• Honeywell International Incorporation
• Mitsubishi Electric Factory Automation
• Omron Corporation
• Rockwell Automation, Inc.
• Schneider Electric SA
• Siemens AG
• Yokogawa Electric corporation
• Kuka AG
• Keyence Corporation
• Fanuc Corporation
• Bosch Rexroth
• Fuji Electric Co., Ltd.
• Endress+Hauser

Table Of Content:

1. Global Factory Automation Market Size: Research Methodology

2. Global Factory Automation Market Size: Executive Summary
2.1. Market Overview and Definitions
2.1.1. Introduction to Global Factory Automation Market Size
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Factory Automation Market Size: Competitive Analysis
3.1. MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2. Consolidation in the Market
3.2.1 M&A by region
3.3. Key Developments by Companies
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Market Challenges
3.8. Market Dynamics
3.9. PORTERS Five Forces Analysis
3.10. PESTLE
3.11. Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12. COVID-19 Impact

Regional Analysis

Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Factory Automation market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

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Key Questions answered in the Factory Automation Market Report are:

What is Factory Automation ?
What was the Factory Automation market size in 2021?
What is the expected Factory Automation market size by 2029?
What is the growth rate of the Factory Automation Market?
Which are the factors expected to drive the Factory Automation market growth?
Which segment dominated the Factory Automation market growth?
What is the demand pattern for the Factory Automation market?
Which region held the largest share in the Factory Automation market?
Who are the key players in the Factory Automation market?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Factory Automation
Landscape- Leading key players and other prominent key players.
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