Factory Automation Market Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook

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Factory automation market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to rise up to the USD 1009725 million by 2029 and to grow at a CAGR of 9.60% in the above-mentioned forecast period.

"Factory Automation Market – Industry Trends and Forecast to 2029

Global Factory Automation Market, By Control Systems (Distributed Control Systems, Supervisory Control and Data Acquisition System, Manufacturing Execution System, Safety Instrumented System, Programmable Logic Controller, Human Machine Interface), Component (Sensors, Controller, Switches and Relays, Industrial Robots, Drives, Others), End- User (Automotive Manufacturing, Food and Beverage, Oil and Gas Processing, Mining, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029

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**Segments**

- **Product Type:**
- Industrial Robots
- Control Valves
- Machine Vision Systems
- Sensors
- Others

- **End-User:**
- Automotive
- Food & Beverage
- Pharmaceuticals
- Chemicals
- Others

- **Technology:**
- Programmable Logic Controller (PLC)
- Distributed Control System (DCS)
- Supervisory Control and Data Acquisition (SCADA)
- Human Machine Interface (HMI)
- Others

The factory automation market is segmented based on product type, end-user, and technology. In terms of product type, the market is divided into industrial robots, control valves, machine vision systems, sensors, and others. Industrial robots are witnessing rapid adoption due to their efficiency and precision in manufacturing processes. Control valves play a crucial role in regulating the flow of liquids or gases in industrial automation. Machine vision systems are becoming increasingly important for quality control and inspection tasks. Sensors are integral for data collection and monitoring in automated systems. Regarding end-users, the market caters to industries such as automotive, food & beverage, pharmaceuticals, chemicals, and others. Each sector has unique automation requirements, driving the demand for tailored solutions. Lastly, the technology segment comprises programmable logic controllers (PLC), distributed control systems (DCS), supervisory control and data acquisition (SCADA), human-machine interface (HMI), and others. Advancements in these technologies are enhancing automation capabilities across various industries.

**Market Players**

- Siemens AG
- ABB
- Rockwell Automation, Inc.
- Mitsubishi Electric Corporation
- Schneider Electric
- Emerson Electric Co.
- Honeywell International Inc.
- Yokogawa Electric Corporation
- Omron Corporation
- Keyence Corporation

Leading players in the factory automation market include Siemens AG, ABB, Rockwell Automation, Inc., Mitsubishi Electric Corporation, Schneider Electric, Emerson Electric Co., Honeywell InternationalSiemens AG is a prominent player in the factory automation market, offering a wide range of innovative solutions for industrial automation. The company's expertise in areas such as industrial robots, control valves, sensors, and machine vision systems has positioned it as a leader in the market. Siemens' focus on advanced technologies like PLCs, DCS, SCADA, and HMI has enabled it to cater to the diverse automation needs of different industries. With a strong presence in sectors such as automotive, pharmaceuticals, and chemicals, Siemens continues to drive automation efficiency and productivity for its customers.

ABB is another key player in the factory automation market known for its cutting-edge solutions in robotics, control systems, and industrial sensors. The company's comprehensive range of automation products caters to various industries, including food & beverage and automotive. ABB's extensive experience in developing advanced technologies like PLCs and SCADA systems has cemented its position as a preferred automation partner for many businesses. By focusing on innovation and customer-centric solutions, ABB continues to drive growth in the factory automation market.

Rockwell Automation, Inc. is a leading provider of industrial automation solutions, specializing in control systems, sensors, and machine vision technologies. The company's strong presence in the automotive and pharmaceutical industries has helped it establish a reputation for reliability and performance in factory automation. Rockwell Automation's commitment to R&D and technological advancements, such as HMI and PLCs, ensures that it stays at the forefront of automation trends. By offering customized solutions to meet specific industry needs, Rockwell Automation continues to drive innovation and efficiency in the factory automation market.

Mitsubishi Electric Corporation is a well-known player in the factory automation market, offering a diverse portfolio of products such as industrial robots, control valves, and sensors. The company's focus on technology-driven solutions, including DCS and SCADA systems, has enabled it to address the automation requirements of various industries effectively. Mitsubishi Electric's strong presence in sectors like chemicals and automotive underscores its expertise in delivering**Global Factory Automation Market, By Control Systems:**
- Distributed Control Systems
- Supervisory Control and Data Acquisition System
- Manufacturing Execution System
- Safety Instrumented System
- Programmable Logic Controller
- Human Machine Interface

**Global Factory Automation Market, By Component:**
- Sensors
- Controller
- Switches and Relays
- Industrial Robots
- Drives
- Others

**Global Factory Automation Market, By End-User:**
- Automotive Manufacturing
- Food and Beverage
- Oil and Gas Processing
- Mining
- Others

The global factory automation market is witnessing significant growth driven by advancements in control systems, components, and end-user industries. With the increasing adoption of technologies like Distributed Control Systems (DCS), Supervisory Control and Data Acquisition systems (SCADA), and Programmable Logic Controllers (PLC), the market is experiencing a shift towards more efficient and intelligent automation solutions. The integration of sensors, industrial robots, and human-machine interfaces (HMI) is further enhancing automation capabilities across various sectors, including automotive manufacturing, food and beverage, oil and gas processing, and mining. These technologies are enabling industries to streamline processes, improve productivity, and ensure higher levels of quality and safety in operations.

Market players like Siemens AG, ABB, Rockwell Automation, Inc., and Mitsubishi Electric Corporation are at the forefront of driving innovation in the factory automation sector. These companies are focusing on developing cutting-edge solutions tailored to meet the specific automation needs of different industries

 

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Key Coverage in the Factory Automation Market Report:

  • Detailed analysis of Factory Automation Market by a thorough assessment of the technology, product type, application, and other key segments of the report
  • Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
  • Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
  • Comprehensive analysis of the regions of the Factory Automation industry and their futuristic growth outlook
  • Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

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