Factory Automation Market Size And Share

  • Report Code : TIPRE00009863
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Factory Automation Market Size, Top Players, and Forecast by 2028

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Factory Automation Market Report Factory Automation Market Scope and Analysis Factory Automation Market Size and Share

Factory Automation Market: Strategic Insights

Factory Automation Market

  • CAGR (2023 - 2031)
    8.2%
  • Market Size 2023
    US$ 181.45 Billion
  • Market Size 2031
    US$ 340.78 Billion

Market Dynamics

GROWTH DRIVERS
  • The adoption of Industry 4.0 principles in manufacturing, Government initiatives to support industrial automation
FUTURE TRENDS
  • Integration of machine vision systems with deep learning
OPPORTUNITIES
  • Growing focus on strategic initiatives by market players

Key Players

  • ABB Ltd
  • Emerson Electric Co
  • Fanuc Corporation
  • General Electric Company
  • Mitsubishi Electric Corporation
  • Honeywell International Inc
  • OMRON Corporation
  • Rockwell Automation Inc
  • Siemens AG

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Component
  • Hardware
  • Software
Type
  • Programmable Automation
  • Fixed Automation
  • Flexible Automation
Technology
  • Programmable Logic Controller
  • Distributed Control System
  • Supervisory Control and Data Acquisition System
  • Human Machine Interface
Industry Vertical
  • Automotive
  • Food and Beverages
  • Oil and Gas
  • Manufacturing
  • Mining