The factory automation market is expected to grow from US$ 154.99 billion in 2022; it is estimated to grow at a CAGR of 8.2% from 2022 to 2028.
Leading factors boosting the growth of the factory automation market are the rise in the adoption of IoT, constant improvement in industrial robotics, and the emergence of the 5G technology. Further, the demand for safety compliance automation products is expected to provide significant growth opportunities to the factory automation market in the near future. However, the need for substantial capital investment to establish an error-free automation system is anticipated to pose a big challenge to the market's growth during the forecast period.
Europe has been a pioneer in adopting advanced technologies in the nascent stages. The growing demand for automation solutions and robotics in automotive and manufacturing industries is fueling the market's growth in the region. Western European countries such as Germany, Italy, France, and the UK are highly advanced and economically self-sufficient, equipped with advanced technology infrastructure. The automotive industry is among the key pillars of the region’s economy, heavily supporting the economic growth of Europe.
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Factory Automation Market: Strategic Insights
Market Size Value in US$ 154.99 Billion in 2022 Market Size Value by US$ 249.29 Billion by 2028 Growth rate CAGR of 8.2% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Factory Automation Market: Strategic Insights
| Market Size Value in | US$ 154.99 Billion in 2022 |
| Market Size Value by | US$ 249.29 Billion by 2028 |
| Growth rate | CAGR of 8.2% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Europe Factory Automation Market Growth
The COVID-19 pandemic substantially hampered industries in Europe. The pandemic triggered unprecedented policy responses across European countries that hit the region’s economic growth during the Q2 and Q3 of 2020. This resulted in disruptions in multiple supply chains across various European industries due to lockdowns imposed by the European Union (EU) members to curb the spread of the virus, further leading to a loss of revenue for many large and small enterprises operating in Europe. These disruptions in the supply chain halted the manufacturing processes of automation solutions. For instance, the pandemic severally impacted the business of Siemens, for example, customers cancelled orders or postponed investments, which exposed the company to increased default risk, and their supply chain experienced difficulties in certain areas. However, due to the labour shortage various nonautomotive industry like electronics and metals & machinery showed positive approach in the adoption of automation solutions like robots and sensors.
Lucrative Regions for Factory Automation Market
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Market Insights – Factory Automation Market
Rising Adoption of Factory Automation Across Automotive Industry
The growing demand for automobiles is leading to the need for an automation system as it helps manufacturers increase outputs while decreasing the cost and risk on human workers. In the current scenario, collaborative robots, robotic arms, and the Internet of Things coupled with AI are widely adopted in the automotive industry, making the manufacturing process faster and more accurate. According to the report by the International Federation of Robotics, in 2019, the robot density in the US automotive industry was 1,287 installed units per 10,000 employees, making the country ranked seventh worldwide.
Further, KUKA and Universal Robots produce and supply cobots to automotive companies such as Tesla to build cars. Tesla has developed driverless car hardware called “Autopilot,” which uses AI technology. Companies such as IBM and BMW are combining cognitive computing and IoT to invent autonomous cars, which can communicate while linking driving patterns with the human driver's emotional response in all possible scenarios. In addition, automakers such as Ford Motor Co. and BMW AG are working on deploying 3D printer technology. Moreover, various other automakers are also utilizing virtual and augmented reality to address manufacturing issues. Thus, the aforementioned advanced automation technologies ease the automotive manufacturing process at nearly every stage of vehicle production, in turn, catalyzing the factory automation market growth.
Technology-Based Insights – Factory Automation Market
Based on technology, the market is segmented into programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition system (SCADA), human machine interface (HMI), and others. The SCADA segment accounted for the largest factory automation market share in 2021.
SCADA combines software and hardware elements that allow organizations to control and monitor factory processes locally or remotely. It also gathers real-time process data through sensors, valves, pumps, motors, etc., through HMI software and records events into a log file. The rise in the adoption of Industry 4.0 solutions, the high demand for industrial mobility solutions for efficient management of the process industry, and the use of software platforms such as IoT and artificial intelligence in the industrial sector drive the demand for SCADA in factory automation applications.
The market is segmented based on component, type, technology, industry vertical, and geography. Based on component, the factory automation market is segmented into hardware and software. The hardware segment is further divided into sensors, controllers, robots, drives, and others. Based on type, the factory automation market is categorized into programmable automation, fixed automation, and flexible automation. Based on technology, the market is divided into programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition system (SCADA), human machine interface (HMI), and others. In terms of industry vertical, the market is segmented into automotive, food and beverage, oil and gas, manufacturing, mining, and others. Based on geography, the factory automation market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2021, APAC held the largest factory automation market share and is expected to retain its dominance during the forecast period.
ABB Ltd.; Emerson Electric Co.; FANUC; General Electric Company; Honeywell International Inc.; Mitsubishi Electric Corporation; Omron Corporation; Robert Bosch GmbH; Rockwell Automation, Inc., and Siemens AG are among the key factory automation market players.
The factory automation market players focus on developing advanced and efficient systems. For instance:
- In 2022, Fanuc Corporation announced the launch new FANUC SCARA robots for food and cleanroom applications. The FANUC SR-3iA/C and SR-6iA/C are fast and precise SCARA robots making it ideal for use in food plants and cleanrooms. The robots also consist of white epoxy coating for extra durability and an IP54 protection guarding against the ingress of contamination from dust and water spray.
- In 2022, Siemens announced that they had showcased their product and software technology portfolio for industrial manufacturing applications at AUTOMATE 2022. The company displayed its array of CNC, servomotors, variable speed drives, motion controllers, robotic integration solutions, PLC automation, and network connectivity, including RFID, advanced Edge technology, and its Real-Time Locating Systems (RTLS).
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Type, Technology, and Industry Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global factory automation market was valued at US$ 1,54,992.0 Mn in 2022
The key driving factors impacting factory automation market growth includes:
• Rising Adoption of Factory Automation Across Automotive Industry
• Increasing Number of Product Launches for Promoting Industrial Automation
The key players of factory automation market are encompassed with ABB LTD.; Emerson Electric Co.; Fanuc Corporation; General Electric Company; Honeywell International Inc.; Mitsubishi Electric Corporation; Omron Corporation; Robert Bosch GmbH; Rockwell Automation, Inc., and Siemens AG.
APAC is the fastest-growing regional market in the global factory automation market between 2022-2028.
Mexico, the UK, India, the UAE, and Brazil are the countries registering high growth rate during the forecast period.
The hardware segment led the global factory automation market in 2021. The hardware segment consists of sensors, controllers, robots, drives, and others.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Factory Automation Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Factory Automation Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Factory Automation Across Automotive Industry
5.1.2 Increasing Number of Product Launches
5.2 Market Restraints
5.2.1 High Operating Cost for Small and Medium Manufacturing Companies
5.2.2 Cybersecurity Risks Through Cobots
5.3 Market Opportunities
5.3.1 Growing Collaborative Partnerships Between Companies
5.4 Future Trends
5.4.1 Automation in Mining Industry
5.5 Impact Analysis of Drivers and Restraints
6. Factory Automation Market – Global Market Analysis
6.1 Factory Automation Market Global Overview
6.2 Global Factory Automation Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Factory Automation Market Analysis – By Component
7.1 Overview
7.2 Factory Automation Market, By Component (2021 and 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
8. Factory Automation Market Analysis – By Hardware
8.1 Overview
8.2 Factory Automation Market, By Hardware (2021 and 2028)
8.3 Sensors
8.3.1 Overview
8.3.2 Sensors: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
8.4 Controllers
8.4.1 Overview
8.4.2 Controllers: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
8.5 Robots
8.5.1 Overview
8.5.2 Robots: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
8.6 Drives
8.6.1 Overview
8.6.2 Drives: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
9. Factory Automation Market Analysis – By Type
9.1 Overview
9.2 Factory Automation Market, By Type (2021 and 2028)
9.3 Programmable Automation
9.3.1 Overview
9.3.2 Programmable Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
9.4 Fixed Automation
9.4.1 Overview
9.4.2 Fixed Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
9.5 Flexible Automation
9.5.1 Overview
9.5.2 Flexible Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
10. Factory Automation Market Analysis – By Technology
10.1 Overview
10.2 Factory Automation Market, By Technology (2021 and 2028)
10.3 PLC
10.3.1 Overview
10.3.2 PLC: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
10.4 DCS
10.4.1 Overview
10.4.2 DCS: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
10.5 SCADA
10.5.1 Overview
10.5.2 SCADA: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
10.6 HMI
10.6.1 Overview
10.6.2 HMI: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
11. Factory Automation Market Analysis – By Industry Vertical
11.1 Overview
11.2 Factory Automation Market, By Industry Vertical (2021 and 2028)
11.3 Automotive
11.3.1 Overview
11.3.2 Automotive: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
11.4 Food and Beverage
11.4.1 Overview
11.4.2 Food and Beverage: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
11.5 Oil and Gas
11.5.1 Overview
11.5.2 Oil and Gas: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
11.6 Manufacturing
11.6.1 Overview
11.6.2 Manufacturing: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
11.7 Mining
11.7.1 Overview
11.7.2 Mining: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
11.8 Others
11.8.1 Overview
11.8.2 Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
12. Factory Automation Market – Geographic Analysis
12.1 Overview
12.2 North America: Factory Automation Market
12.3 Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
12.3.1 North America: Factory Automation Market, by Component
12.3.2 North America: Factory Automation Market, by Hardware
12.3.3 North America: Factory Automation Market, by Type
12.3.4 North America: Factory Automation Market, by Technology
12.3.5 North America: Factory Automation Market, by Industry Vertical
12.3.6 North America: Factory Automation Market, by Key Country
12.3.6.1 US: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.3.6.1.1 US: Factory Automation Market, by Component
12.3.6.1.2 US: Factory Automation Market, by Hardware
12.3.6.1.3 US: Factory Automation Market, by Type
12.3.6.1.4 US: Factory Automation Market, by Technology
12.3.6.1.5 US: Factory Automation Market, by Industry Vertical
12.3.6.2 Canada: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.3.6.2.1 Canada: Factory Automation Market, by Component
12.3.6.2.2 Canada: Factory Automation Market, by Hardware
12.3.6.2.3 Canada: Factory Automation Market, by Type
12.3.6.2.4 Canada: Factory Automation Market, by Technology
12.3.6.2.5 Canada: Factory Automation Market, by Industry Vertical
12.3.6.3 Mexico: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.3.6.3.1 Mexico: Factory Automation Market, by Component
12.3.6.3.2 Mexico: Factory Automation Market, by Hardware
12.3.6.3.3 Mexico: Factory Automation Market, by Type
12.3.6.3.4 Mexico: Factory Automation Market, by Technology
12.3.6.3.5 Mexico: Factory Automation Market, by Industry Vertical
12.4 Europe: Factory Automation Market
12.4.1 Europe: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
12.4.2 Europe: Factory Automation Market, by Component
12.4.3 Europe: Factory Automation Market, by Hardware
12.4.4 Europe: Factory Automation Market, by Type
12.4.5 Europe: Factory Automation Market, by Technology
12.4.6 Europe: Factory Automation Market, by Industry Vertical
12.4.7 Europe: Factory Automation Market, by Key Country
12.4.7.1 Germany: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.4.7.1.1 Germany: Factory Automation Market, by Component
12.4.7.1.2 Germany: Factory Automation Market, by Hardware
12.4.7.1.3 Germany: Factory Automation Market, by Type
12.4.7.1.4 Germany: Factory Automation Market, by Technology
12.4.7.1.5 Germany: Factory Automation Market, by Industry Vertical
12.4.7.2 France: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.4.7.2.1 France: Factory Automation Market, by Component
12.4.7.2.2 France: Factory Automation Market, by Hardware
12.4.7.2.3 France: Factory Automation Market, by Type
12.4.7.2.4 France: Factory Automation Market, by Technology
12.4.7.2.5 France: Factory Automation Market, by Industry Vertical
12.4.7.3 Italy: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.4.7.3.1 Italy: Factory Automation Market, by Component
12.4.7.3.2 Italy: Factory Automation Market, by Hardware
12.4.7.3.3 Italy: Factory Automation Market, by Type
12.4.7.3.4 Italy: Factory Automation Market, by Technology
12.4.7.3.5 Italy: Factory Automation Market, by Industry Vertical
12.4.7.4 UK: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.4.7.4.1 UK: Factory Automation Market, by Component
12.4.7.4.2 UK: Factory Automation Market, by Hardware
12.4.7.4.3 UK: Factory Automation Market, by Type
12.4.7.4.4 UK: Factory Automation Market, by Technology
12.4.7.4.5 UK: Factory Automation Market, by Industry Vertical
12.4.7.5 Russia: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.4.7.5.1 Russia: Factory Automation Market, by Component
12.4.7.5.2 Russia: Factory Automation Market, by Hardware
12.4.7.5.3 Russia: Factory Automation Market, by Type
12.4.7.5.4 Russia: Factory Automation Market, by Technology
12.4.7.5.5 Russia: Factory Automation Market, by Industry Vertical
12.4.7.6 Rest of Europe: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.4.7.6.1 Rest of Europe: Factory Automation Market, by Component
12.4.7.6.2 Rest of Europe: Factory Automation Market, by Hardware
12.4.7.6.3 Rest of Europe: Factory Automation Market, by Type
12.4.7.6.4 Rest of Europe: Factory Automation Market, by Technology
12.4.7.6.5 Rest of Europe: Factory Automation Market, by Industry Vertical
12.5 Asia Pacific: Factory Automation Market
12.5.1 Asia Pacific: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
12.5.2 Asia Pacific: Factory Automation Market, by Component
12.5.3 Asia Pacific: Factory Automation Market, by Hardware
12.5.4 Asia Pacific: Factory Automation Market, by Type
12.5.5 Asia Pacific: Factory Automation Market, by Technology
12.5.6 Asia Pacific: Factory Automation Market, by Industry Vertical
12.5.7 Asia Pacific: Factory Automation Market, by Key Country
12.5.7.1 Australia: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.5.7.1.1 Australia: Factory Automation Market, by Component
12.5.7.1.2 Australia: Factory Automation Market, by Hardware
12.5.7.1.3 Australia: Factory Automation Market, by Type
12.5.7.1.4 Australia: Factory Automation Market, by Technology
12.5.7.1.5 Australia: Factory Automation Market, by Industry Vertical
12.5.7.2 China: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.5.7.2.1 China: Factory Automation Market, by Component
12.5.7.2.2 China: Factory Automation Market, by Hardware
12.5.7.2.3 China: Factory Automation Market, by Type
12.5.7.2.4 China: Factory Automation Market, by Technology
12.5.7.2.5 China: Factory Automation Market, by Industry Vertical
12.5.7.3 India: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.5.7.3.1 India: Factory Automation Market, by Component
12.5.7.3.2 India: Factory Automation Market, by Hardware
12.5.7.3.3 India: Factory Automation Market, by Type
12.5.7.3.4 India: Factory Automation Market, by Technology
12.5.7.3.5 India: Factory Automation Market, by Industry Vertical
12.5.7.4 Japan: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.5.7.4.1 Japan: Factory Automation Market, by Component
12.5.7.4.2 Japan: Factory Automation Market, by Hardware
12.5.7.4.3 Japan: Factory Automation Market, by Type
12.5.7.4.4 Japan: Factory Automation Market, by Technology
12.5.7.4.5 Japan: Factory Automation Market, by Industry Vertical
12.5.7.5 South Korea: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.5.7.5.1 South Korea: Factory Automation Market, by Component
12.5.7.5.2 South Korea: Factory Automation Market, by Hardware
12.5.7.5.3 South Korea: Factory Automation Market, by Type
12.5.7.5.4 South Korea: Factory Automation Market, by Technology
12.5.7.5.5 South Korea: Factory Automation Market, by Industry Vertical
12.5.7.6 Rest of APAC: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.5.7.6.1 Rest of APAC: Factory Automation Market, by Component
12.5.7.6.2 Rest of APAC: Factory Automation Market, by Hardware
12.5.7.6.3 Rest of APAC: Factory Automation Market, by Type
12.5.7.6.4 Rest of APAC: Factory Automation Market, by Technology
12.5.7.6.5 Rest of APAC: Factory Automation Market, by Industry Vertical
12.6 Middle East and Africa: Factory Automation Market
12.6.1 Middle East and Africa: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
12.6.2 Middle East and Africa: Factory Automation Market, by Component
12.6.3 Middle East and Africa: Factory Automation Market, by Hardware
12.6.4 Middle East and Africa: Factory Automation Market, by Type
12.6.5 Middle East and Africa: Factory Automation Market, by Technology
12.6.6 Middle East and Africa: Factory Automation Market, by Industry Vertical
12.6.7 Middle East and Africa: Factory Automation Market, by Key Country
12.6.7.1 South Africa: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.6.7.1.1 South Africa: Factory Automation Market, by Component
12.6.7.1.2 South Africa: Factory Automation Market, by Hardware
12.6.7.1.3 South Africa: Factory Automation Market, by Type
12.6.7.1.4 South Africa: Factory Automation Market, by Technology
12.6.7.1.5 South Africa: Factory Automation Market, by Industry Vertical
12.6.7.2 Saudi Arabia: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.6.7.2.1 Saudi Arabia: Factory Automation Market, by Component
12.6.7.2.2 Saudi Arabia: Factory Automation Market, by Hardware
12.6.7.2.3 Saudi Arabia: Factory Automation Market, by Type
12.6.7.2.4 Saudi Arabia: Factory Automation Market, by Technology
12.6.7.2.5 Saudi Arabia: Factory Automation Market, by Industry Vertical
12.6.7.3 UAE: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.6.7.3.1 UAE: Factory Automation Market, by Component
12.6.7.3.2 UAE: Factory Automation Market, by Hardware
12.6.7.3.3 UAE: Factory Automation Market, by Type
12.6.7.3.4 UAE: Factory Automation Market, by Technology
12.6.7.3.5 UAE: Factory Automation Market, by Industry Vertical
12.6.7.4 Rest of MEA: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.6.7.4.1 Rest of MEA: Factory Automation Market, by Component
12.6.7.4.2 Rest of MEA: Factory Automation Market, by Hardware
12.6.7.4.3 Rest of MEA: Factory Automation Market, by Type
12.6.7.4.4 Rest of MEA: Factory Automation Market, by Technology
12.6.7.4.5 Rest of MEA: Factory Automation Market, by Industry Vertical
12.7 South America: Factory Automation Market
12.7.1 South America: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
12.7.2 South America: Factory Automation Market, by Component
12.7.3 South America: Factory Automation Market, by Hardware
12.7.4 South America: Factory Automation Market, by Type
12.7.5 South America: Factory Automation Market, by Technology
12.7.6 South America: Factory Automation Market, by Industry Vertical
12.7.7 South America: Factory Automation Market, by Key Country
12.7.7.1 Brazil: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.7.7.1.1 Brazil: Factory Automation Market, by Component
12.7.7.1.2 Brazil: Factory Automation Market, by Hardware
12.7.7.1.3 Brazil: Factory Automation Market, by Type
12.7.7.1.4 Brazil: Factory Automation Market, by Technology
12.7.7.1.5 Brazil: Factory Automation Market, by Industry Vertical
12.7.7.2 Argentina: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.7.7.2.1 Argentina: Factory Automation Market, by Component
12.7.7.2.2 Argentina: Factory Automation Market, by Hardware
12.7.7.2.3 Argentina: Factory Automation Market, by Type
12.7.7.2.4 Argentina: Factory Automation Market, by Technology
12.7.7.2.5 Argentina: Factory Automation Market, by Industry Vertical
12.7.7.3 Rest of SAM: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
12.7.7.3.1 Rest of SAM: Factory Automation Market, by Component
12.7.7.3.2 Rest of SAM: Factory Automation Market, by Hardware
12.7.7.3.3 Rest of SAM: Factory Automation Market, by Type
12.7.7.3.4 Rest of SAM: Factory Automation Market, by Technology
12.7.7.3.5 Rest of SAM: Factory Automation Market, by Industry Vertical
13. Factory Automation Market- COVID-19 Impact Analysis
13.1 Overview
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 Middle East and Africa
13.6 South America
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 Merger and Acquisition
14.4 New Product Launch
15. Company Profiles
15.1 ABB Ltd
15.1.1 Key Facts
15.1.2 .Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Emerson Electric Co.
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Fanuc Corporation
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 General Electric Company
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Mitsubishi Electric Corporation
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Honeywell International Inc.
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 OMRON Corporation
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 Rockwell Automation, Inc.
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
15.9 Siemens AG
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products and Services
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.9.6 Key Developments
15.10 Bosch Rexroth AG
15.10.1 Key Facts
15.10.2 Business Description
15.10.3 Products and Services
15.10.4 Financial Overview
15.10.5 SWOT Analysis
15.10.6 Key Developments
16. Appendix
16.1 About The Insight Partners
16.2 Word Index
LIST OF TABLES
Table 1. Global Factory Automation Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2. North America: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. US: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 11. US: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Canada: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 16. Canada: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 18. Mexico: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 19. Mexico: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Mexico: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 21. Mexico: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 22. Europe: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 23. Europe: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 24. Europe: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Europe: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 26. Europe: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 27. Germany: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 28. Germany: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 29. Germany: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. Germany: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 31. Germany: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 32. France: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 33. France: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 34. France: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. France: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 36. France: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 37. Italy: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 38. Italy: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 39. Italy: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Italy: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 41. Italy: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 42. UK: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 43. UK: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 44. UK: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. UK: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 46. UK: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 47. Russia: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 48. Russia: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 49. Russia: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 50. Russia: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 51. Russia: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 52. Rest of Europe: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of Europe: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of Europe: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of Europe: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Europe: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 57. Asia Pacific: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 58. Asia Pacific: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 59. Asia Pacific: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 60. Asia Pacific: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 61. Asia Pacific: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 62. Australia: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 63. Australia: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 64. Australia: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 65. Australia: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 66. Australia: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 67. China: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 68. China: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 69. China: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. China: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 71. China: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 72. India: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 73. India: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 74. India: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 75. India: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 76. India: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 77. Japan: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 78. Japan: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 79. Japan: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 80. Japan: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 81. Japan: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 82. South Korea: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 83. South Korea: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 84. South Korea: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 85. South Korea: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 86. South Korea: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 87. Rest of APAC: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 88. Rest of APAC: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 89. Rest of APAC: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 90. Rest of APAC: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 91. Rest of APAC: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 92. Middle East and Africa: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 93. Middle East and Africa: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 94. Middle East and Africa: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 95. Middle East and Africa: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 96. Middle East and Africa: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 97. South Africa: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 98. South Africa: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 99. South Africa: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 100. South Africa: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 101. South Africa: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 102. Saudi Arabia: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 103. Saudi Arabia: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 104. Saudi Arabia: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 105. Saudi Arabia: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 106. Saudi Arabia: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 107. UAE: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 108. UAE: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 109. UAE: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 110. UAE: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 111. UAE: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 112. Rest of MEA: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 113. Rest of MEA: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 114. Rest of MEA: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 115. Rest of MEA: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 116. Rest of MEA: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 117. South America: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 118. South America: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 119. South America: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 120. South America: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 121. South America: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 122. Brazil: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 123. Brazil: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 124. Brazil: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 125. Brazil: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 126. Brazil: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 127. Argentina: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 128. Argentina: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 129. Argentina: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 130. Argentina: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 131. Argentina: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 132. Rest of SAM: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 133. Rest of SAM: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 134. Rest of SAM: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 135. Rest of SAM: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 136. Rest of SAM: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 137. List of Abbreviation
LIST OF FIGURES
Figure 1. Factory Automation Market Segmentation
Figure 2. Factory Automation Market Segmentation – Geography
Figure 3. Factory Automation Market Overview
Figure 4. Factory Automation Market, By Component
Figure 5. Factory Automation Market, By Technology
Figure 6. Factory Automation Market, By Industry Vertical
Figure 7. Factory Automation Market, By Geography
Figure 8. North America: PEST Analysis
Figure 9. Europe: PEST Analysis
Figure 10. Asia Pacific: PEST Analysis
Figure 11. Middle East and Africa: PEST Analysis
Figure 12. South America: PEST Analysis
Figure 13. Factory Automation Market- Ecosystem Analysis
Figure 14. Expert Opinion
Figure 15. Factory Automation Market Impact Analysis of Drivers and Restraints
Figure 16. Geographic Overview of Factory Automation Market
Figure 17. Global Factory Automation Market, Forecast and Analysis (US$ Million)
Figure 18. Market Positioning- Top Five Players
Figure 19. Factory Automation Market Revenue Share, by Component (2021 and 2028)
Figure 20. Hardware: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 21. Software: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 22. Factory Automation Market Revenue Share, by Hardware (2021 and 2028)
Figure 23. Sensors: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 24. Controllers: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 25. Robots: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Drives: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Factory Automation Market Revenue Share, by Type (2021 and 2028)
Figure 29. Programmable Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 30. Fixed Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 31. Flexible Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 32. Factory Automation Market Revenue Share, by Technology (2021 and 2028)
Figure 33. PLC: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 34. DCS: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 35. SCADA: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 36. HMI: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 37. Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 38. Factory Automation Market Revenue Share, by Industry Vertical (2021 and 2028)
Figure 39. Automotive: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 40. Food and Beverage: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 41. Oil and Gas: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 42. Manufacturing: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 43. Mining: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 44. Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 45. Global Factory Automation Market Revenue Share, by Region (2021 and 2028)
Figure 46. North America: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. North America: Factory Automation Market Revenue Share, by Component (2021 and 2028)
Figure 48. North America: Factory Automation Market Revenue Share, by Hardware (2021 and 2028)
Figure 49. North America: Factory Automation Market Revenue Share, by Type (2021 and 2028)
Figure 50. North America: Factory Automation Market Revenue Share, by Technology (2021 and 2028)
Figure 51. North America: Factory Automation Market Revenue Share, by Industry Vertical (2021 and 2028)
Figure 52. North America: Factory Automation Market Revenue Share, by Key Country (2021 and 2028)
Figure 53. US: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Canada: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. Mexico: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Europe: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. Europe: Factory Automation Market Revenue Share, by Component (2021 and 2028)
Figure 58. Europe: Factory Automation Market Revenue Share, by Hardware (2021 and 2028)
Figure 59. Europe: Factory Automation Market Revenue Share, by Type (2021 and 2028)
Figure 60. Europe: Factory Automation Market Revenue Share, by Technology (2021 and 2028)
Figure 61. Europe: Factory Automation Market Revenue Share, by Industry Vertical (2021 and 2028)
Figure 62. Europe: Factory Automation Market Revenue Share, by Key Country (2021 and 2028)
Figure 63. Germany: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. France: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. Italy: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. UK: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Russia: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of Europe: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Asia Pacific: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. Asia Pacific: Factory Automation Market Revenue Share, by Component (2021 and 2028)
Figure 71. Asia Pacific: Factory Automation Market Revenue Share, by Hardware (2021 and 2028)
Figure 72. Asia Pacific: Factory Automation Market Revenue Share, by Type (2021 and 2028)
Figure 73. Asia Pacific: Factory Automation Market Revenue Share, by Technology (2021 and 2028)
Figure 74. Asia Pacific: Factory Automation Market Revenue Share, by Industry Vertical (2021 and 2028)
Figure 75. Asia Pacific: Factory Automation Market Revenue Share, by Key Country (2021 and 2028)
Figure 76. Australia: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. China: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. India: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 79. Japan: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 80. South Korea: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 81. Rest of APAC: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 82. Middle East and Africa: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 83. Middle East and Africa: Factory Automation Market Revenue Share, by Component (2021 and 2028)
Figure 84. Middle East and Africa: Factory Automation Market Revenue Share, by Hardware (2021 and 2028)
Figure 85. Middle East and Africa: Factory Automation Market Revenue Share, by Type (2021 and 2028)
Figure 86. Middle East and Africa: Factory Automation Market Revenue Share, by Technology (2021 and 2028)
Figure 87. Middle East and Africa: Factory Automation Market Revenue Share, by Industry Vertical (2021 and 2028)
Figure 88. Middle East and Africa: Factory Automation Market Revenue Share, by Key Country (2021 and 2028)
Figure 89. South Africa: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 90. Saudi Arabia: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 91. UAE: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 92. Rest of MEA: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 93. South America: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 94. South America: Factory Automation Market Revenue Share, by Component (2021 and 2028)
Figure 95. South America: Factory Automation Market Revenue Share, by Hardware (2021 and 2028)
Figure 96. South America: Factory Automation Market Revenue Share, by Type (2021 and 2028)
Figure 97. South America: Factory Automation Market Revenue Share, by Technology (2021 and 2028)
Figure 98. South America: Factory Automation Market Revenue Share, by Industry Vertical (2021 and 2028)
Figure 99. South America: Factory Automation Market Revenue Share, by Key Country (2021 and 2028)
Figure 100. Brazil: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 101. Argentina: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 102. Rest of SAM: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 103. Impact of COVID-19 Pandemic in North America Country Markets
The List of Companies - Factory Automation Market
- ABB Ltd.
- Emerson Electric Co.
- Fanuc Corporation
- General Electric Company
- Mitsubishi Electric Corporation
- Honeywell International Inc.
- OMRON Corporation
- Rockwell Automation, Inc.
- Siemens AG
- Bosch Rexroth AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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Nov 2022
Laser Distance Sensor Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Distance (Between 2 and 10 Meters, Between 11 and 100 Meters, Between 101 and 200 Meters, and Between 201 and 500 Meters), Accuracy (1 mm at 2 Sigma, 3 mm with 2 Sigma, and 5 mm at 2 Sigma), and End User (Manufacturing, Construction, Automotive and Robotics, Aerospace and Defense, Geospatial Industry, and Others)
Nov 2022
Rugged Tablet Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Type (Fully Rugged Tablet, Semi Rugged Tablet, and Ultra Rugged Tablet); Operating System (Android, Windows, and iOS); and Application (Aerospace & Defense, Automotive, Construction, Energy & Utilities, Manufacturing, Oil & Gas, and Others)
Nov 2022
Rear Door Heat Exchanger Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Active and Passive) and End User (Data Center, IT and Telecommunication, Semiconductor, Education, Government, and Others)