Aug 08, 2019 (The Expresswire) — Global Factory Automation Market report 2019 research report has been presented by the Factory Automation Market platform in a very unambiguous and edifying format such that the people can have easy accessibility to all the vital information required to gain complete awareness of the market.
Global “Factory Automation Market” report offers a detailed Overview of market opportunity by end user segments, product segments, sales channels, key countries, and import, export dynamics. It details market size and forecast, growth drivers, emerging trends, market opportunities, and investment risks in over various segments in Scintillator industry. It provides a comprehensive understanding of Factory Automation market dynamics in both value and volume terms.
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Factory automation is the process of using control systems such as computer or robots, and information technologies to handle various complex processes and machineries. The growing IoT technology market is attracting the industry of various verticals to deploy high performing low cost processors, analytic software, cloud computing and, highly distributed system in manufacturing and production process in order to increase the frequency of industrial production and to meet the increasing global consumer demand. These developments are thereby expanding the options to design lower cost and higher value industrial automation systems.IoT in industries is a growing trend namely in manufacturing, mining, agriculture, oil and gas, and utilities.
The new technology adaptation not only building manufacturing more productive, but also making the work smarter than before. With smart manufacturing, businesses can predictively meet the business needs via intelligent and automated actions and would transform businesses into proactive, autonomic organizations.The changing consumer market has built high need of deployment of technically advanced automation process in manufacturing and production process of an industry. Flexible production system with high end IT enabled process provides fast, and safe production process which is efficient, flexible, reliable and cost-effective solution.
The economic pressure which affects performance and growth of an industry is the one of the factor behind utilizing industrial automation process. Factory automation is the process of using control systems such as computer or robots, and information technologies to handle various complex processes and machineries. To handle these complex processes, and to function the operations smoothly, highly skilled professionals are required. Also, the small and medium size manufacturing industries are still not investing in implementation of automation in their respective factories. These are the major factors that could hinder the growth of factory automation market.The global factory automation market is expected to grow approximately at USD 241.27 Billion by 2022, approx. 8.59% of CAGR during the forecast period.
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Here is the List of Best Factory Automation Market Key-Manufactures: –
- Siemens AG (Germany)
- ABB Ltd (Switzerland)
- Emerson Electric Corporation (U.S.)
- Rockwell Automation (U.S.)
- Honeywell International Inc. (U.S.)
- Schneider Electric (France)
- Rexroth Bosch Group (Germany)
- Mitsubishi Electric Corporation (Japan)
- Yokogawa Electric Corporation (Japan) and Omron Corporation (Japan) among others.
The overviews, SWOT analysis and strategies of each vendor in the Factory Automation market provide understanding about the market forces and how those can be exploited to create future opportunities. Major points like Competitive Situation and Trends, Concentration Rate Mergers and Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Production Analysis: SWOT analysis of major key players of Factory Automation industry based on a Strengths, Weaknesses, company’s internal and external environments, Opportunities and Threats. It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type.
Geographically, the global Factory Automation market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Factory Automation manufacturers
Government and regulatory authorities
Factory Automation organizations
Factory Automation service providers and distributors
Key questions answered in this report
What will the market size be in 2023 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Some Major Points from Toc: –
1 Executive Summary
2 Market Dynamics
2.1 Market Drivers
2.1.1 High focus of industry on achieving energy efficiency in manufacturing process
2.1.2 Growing deployment of IoT in industrial process
2.2 Market Inhibitors
2.2.1 Scarcity of investment by small and medium size industry is affecting the market growth
2.2.2 Less availability of trained professional in developing economies for implementing and processing automation system
2.3 Factory Automation System Integration
2.4 Porterâ€™s Five Forces Analysis
3 Global Factory Automation Market, By Types
3.2 Market by Sub-segment
4 Global Factory Automation Market, By Technologies
4.2 Market by Sub-segment
5 Global Factory Automation Market, By End-Users
5.2 Market by Sub-segment
6 Global Factory Automation Market, By Region
6.2 Market by Sub-segment
6.2.1 North America
6.2.4 Middle East and Africa
7 Competitive Landscape
7.2 Competitive Scenario
7.3 Market Position Analysis
7.4 Company Profiles
7.4.1 Siemens AG (Germany)
18.104.22.168 Company Overview
22.214.171.124 Product/Services Offering
126.96.36.199 SWOT Analysis
7.4.2 ABB Ltd.
188.8.131.52 Company Overview
184.108.40.206 Product/Services Offering
220.127.116.11 SWOT Analysis
18.104.22.168 Company Overview
22.214.171.124 Product/Services Offering
126.96.36.199 Business Strategy
188.8.131.52 SWOT Analysis
7.4.4 Rockwell Automation
184.108.40.206 Product/Services Offering
220.127.116.11 Business Strategy
18.104.22.168 SWOT Analysis
7.4.5 Honeywell International Inc.
22.214.171.124 Company Overview
126.96.36.199 Product/Services Offering
188.8.131.52 Business Strategy
184.108.40.206 SWOT Analysis
7.4.6 Schneider Electric
220.127.116.11 Company Overview
18.104.22.168 Product/Services Offering
22.214.171.124 SWOT Analysis
7.4.7 Rexorth Bosch Group
126.96.36.199 Company Overview
188.8.131.52 Product / Service Offering
184.108.40.206 SWOT Analysis
7.4.8 Mitsubishi Electric Corporation
220.127.116.11 Company Overview
18.104.22.168 Product/Services Offering
22.214.171.124 SWOT Analysis
7.4.9 Yokogawa Electric Corporation
126.96.36.199 Product/Services Offering
188.8.131.52 SWOT Analysis
7.4.10 Omron Corporation
184.108.40.206 Company Overview
220.127.116.11 Product/Services Offering
18.104.22.168 SWOT Analysis
8.1 Scope of the Study
8.1.1 Research Objective
8.2 Market Structure
9 Research Methodologies
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
9.4 Market Size Estimation
9.5 Forecast Model
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Market Reports World is the Credible Source for Gaining the Market Reports that will provide you with the Lead Your Business Needs. Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors.
Name: Ajay More
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