Industrial and factory automation includes various software and equipment that reduces human interface in carrying out various processes in diverse industry. This computerization system helps in restructuring the methods, growing productivity, eradicating errors, and increasing the overall functional effectiveness. Rising focus towards cost decreasing and increasing the need for accuracy in several processes have directed to the several demand of these systems.
Consistent improvement in industrial robotics lifts its adoption in manufacturing industries and internet of things are the major drivers which help in surging the growth of industrial & factory automation market. However, high capital investment act as a restraining factor for this market. Demand for safety compliance automation products will add new opportunities for this market in the coming years.
The "Global Industrial & Factory Automation Market Analysis to 2028" is a specialized and in-depth study of the industrial & factory automation industry with a focus on the global market trend. The report aims to provide an overview of global industrial & factory automation market with detailed market segmentation by product, application and geography. The global industrial & factory automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial & factory automation market based on product and application. It also provides market size and forecast till 2028 for overall industrial & factory automation market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key industrial & factory automation market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Robert Bosch GmbH, Fanuc Corporation, Honeywell International Inc., ABB Ltd., General Electric Company, Emerson Electric Company, Siemens AG, Yokogawa Electric Corporation, Mitsubishi Electric Corporation, and Rockwell Automation, Inc. among others.
The List of Companies
1. Robert Bosch GmbH
2. Fanuc Corporation
3. Honeywell International Inc.
4. ABB Ltd.
5. General Electric Company
6. Emerson Electric Company
7. Siemens AG
8. Yokogawa Electric Corporation
9. Mitsubishi Electric Corporation
10. Rockewell Automation, Inc.
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