Based on this study’s findings, the Factory Automation (FA) Market industry is projected to achieve a compounded annual growth rate (CAGR) of % in terms of revenue over the next five years. This growth is expected to drive the global market size to reach US$ million by 2024, up from US$ million in 2019. Notably, this report delves into the worldwide revenue market share of key businesses, as discussed in Chapter 3.
Titled “Factory Automation (FA) Market Development Strategy Pre and Post COVID-19,” the report by Report Ocean offers an extensive analysis of market dynamics. It encompasses an examination of corporate strategies, the market landscape, product categories, applications, and the impact of the COVID-19 pandemic on this sector. The report provides valuable insights into market characteristics, size, growth patterns, segmentation, regional and country-specific breakdowns, the competitive landscape, market shares, emerging trends, and strategic approaches.
Factory automation, also known as workshop automation.Refers to the automatic completion of all or part of the processing process of product manufacturing: refers to the comprehensive automation of the whole factory, including the automation of design, manufacturing and processing, internal management of enterprises, market information processing, inter-enterprise information contact and other information flow of comprehensive automation.It ranks alongside information and communications, office automation, new materials, bioengineering, and health and medical technology as the six leading new technologies of our time.
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The global Factory Automation (FA) market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Relays & Switches accounting for % of the Factory Automation (FA) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Chemistry And Mining segment is altered to an % CAGR throughout this forecast period.
China Factory Automation (FA) market size is valued at US$ million in 2021, while the North America and Europe Factory Automation (FA) are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Factory Automation (FA) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Factory Automation (FA) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Factory Automation (FA) market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Factory Automation (FA) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Factory Automation (FA) market.
Global Factory Automation (FA) Scope and Market Size
Factory Automation (FA) market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Factory Automation (FA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Relays & Switches
Sensors
Motors & Drives
Machine Vision
Robotics
DCS &PLC
MES & ERP
SCADA & PLM
Others
Segment by Application
Chemistry And Mining
Oil And Gas
Pharmaceutical And Biotechnology
Energy And Electricity
Automobile
Paper and Pulp
Packaging
Food and Beverage
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Legrand Holding Inc
ABB Ltd
Kontron Inc
Baldor Electric Company
Schneider Electric
Rockwell Automation
Beckhoff Automation
General Electric
Honeywell International
Mitsubishi Electric Corp
SICK AG
Siemens AG
General Cables Corp
Yokogawa Electric Corp
Pepperl+Fuchs
Danaher Corp
Omron Corp
Cisco Systems
Endress+Hauser
Emerson
Agilent Technologies
Eaton Corporation
Keyence Corporation
Fanuc Corporation
3D Systems
Yaskawa Electric Corporation
Krohne
WIKA
Progea
Danfoss
Vega
Tegan Innovations
STRATASYS
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Chapter Introduction
Chapter 1: Scope of Factory Automation (FA) Market, Research Methodology, etc.
Chapter 2: Executive Summary, global market size (sales and revenue) and CAGR, Synthetic Fluoropolymer market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Market sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global market size forecast by region, by country, by type, and application.
Chapter 13: Research Findings and Conclusion
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Market Insights by Report Ocean: Our custom-tailored market reports are a treasure trove of essential industry information. They encompass:
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- Micro and Macro Analysis: A thorough exploration of both micro and macroeconomic factors.
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- Demographic Profiling and Addressable Market: An analysis of demographic characteristics and the market’s addressable audience.
- Legal Set-up and Regulatory Frameworks: Insights into the legal and regulatory landscape.
- Profitability and Cost Analysis: A comprehensive examination of profitability and cost structures.
- Segmentation Analysis of Market: A breakdown of market segments for a deeper understanding.
- Existing Marketing Strategies: An evaluation of current marketing strategies in the market.
- Best Practices: Insights into industry best practices.
- GAP Analysis: Identifying gaps in the market.
- Competitive Landscape: An overview of market competitors.
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- Future Market Trends and Opportunities: Scenario modeling for future market trends.
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Geographical Breakdown: This section delves into the market’s geographical distribution, providing detailed analysis by region and country. It highlights historical and projected growth, taking into account the impact and recovery from the COVID-19 pandemic across all regions, major developed countries, and emerging markets.
In-Depth Qualitative COVID-19 Outbreak Impact Analysis: This analysis explores the profound effects of the COVID-19 outbreak on various aspects, including market structure, growth drivers, restraints, challenges, emerging product trends, market opportunities, and Porter’s Five Forces. Additionally, the report scrutinizes the financial health of leading companies, encompassing gross profit, revenue generation, sales volume, manufacturing costs, individual growth rates, and other financial metrics.
Key Questions Answered: The report addresses critical questions and provides holistic insights into:
- Existing market infrastructure
- Market challenges and opportunities
- Growth potential in specific industries
- Target consumer demographics and market segments
- Promotion models pros and cons
- Value chain touchpoints and opportunities
- Market size and growth forecasts
- Key drivers and trends
- Challenges to market growth
- Key market vendors and detailed SWOT analysis
- Opportunities and threats facing existing vendors
- Influential factors in different geographical regions
- Strategic initiatives of leading vendors
- PEST analysis of the market in major regions
Market Factors Explored: The report encompasses:
Key Strategic Developments in the Market:
- Research and Development (R&D)
- Mergers and Acquisitions (M&A)
- Agreements and collaborations
- New product launches
- Partnerships
- Joint ventures
- Regional growth strategies of key competitors globally and regionally.
Key Market Features in the Global Market: The assessment includes critical market features such as revenue, capacity, price, capacity utilization rate, production rate, gross production, consumption, import/export dynamics, supply and demand, costs, market share, compound annual growth rate (CAGR), and gross margins. It also provides a comprehensive analysis of key market factors, their recent trends, and relevant market segments and sub-segments.
Analytical Market Highlights & Approach: The report offers meticulously studied data about top industry players and their market scope, employing various analytical tools. These tools encompass Porter’s Five Forces analysis, feasibility studies, SWOT analysis, and ROI analysis, providing an exhaustive review of the growth strategies of key market players.
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