Global Factory Automation Market - 2023-2030

Global Factory Automation Market - 2023-2030

Market Overview

Factory automation is the inclusion of automation from end-to-end production processes. In manufacturing environments, automation leverages technologies, such as hydraulic systems, pneumatic systems and robotic arms, to offer more consistency, reduce wastage, increase productivity, better quality and safer working conditions.

The increasing adoption of components, smart systems, machinery and equipment for improving manufacturing processes through automation has boosted the demand for smart factories for supply chain logistics, planning and product development. Factory automation has been adopted in various end-user industries, including automotive, chemicals, pharmaceuticals, food and beverages, mining & minerals, oil and gas, energy & power, paper & pulp and others.

As per the research report by DataM Intelligence, the global factory automation market was valued at US$ XX million in 2022; it is projected to reach US$ XX million by 2030, with growth at a CAGR of 8.1% over the forecast period 2023-2030.

Market Dynamics

The growing use of automation in industries is a major driver for the global factory automation market:

Modern-day manufacturing practices demand greater efficiency, speed and cost controls to maximize profits and revenues. Automation greatly increases production speed, especially in conveyor belt-type systems, while delivering efficiency and reducing downtime. The production lines can be run 24/7 with minimal human intervention. The significant benefits offered by automation have led to its widespread adoption by industries across various sectors, such as automotive, food processing, beverages and pharmaceuticals. The growing use of automation in various industries will be a major driver for the global market during the forecast period.

High capital investment associated with automation is expected to restrain the global factory automation market:

Over the forecast period, the high capital investment associated with automation is expected to prevent the growth of the global factory automation market. Factory automation is a capital-intensive process that involves high expenditure. The robotic machinery is high-tech and, therefore, very expensive. The cost of complex machinery runs into several hundred thousand or millions of dollars. Therefore, automating a factory incurs very high costs. The high costs involved mean factory automation is limited to multinational companies and large enterprises and deprives smaller companies of the advantages of automation.

The adoption of unified design architecture to generate new opportunities for the global factory automation market:

The automated machinery currently in use is designed and manufactured by various companies that use their proprietary design architecture. It prevents interoperability and hinders the growth of automation. The adoption of a single unified design architecture can enhance interoperability and provide a boost to the wider adoption of automation. Therefore, the adoption of unified design architecture is expected to create new opportunities for the global factory automation market during the forecast period.

The lack of a skilled workforce is expected to present challenges for the global factory automation market:

Automated machinery demands the usage of a highly skilled workforce that is well-versed in operation and maintenance of the machinery. Technical diploma-level education is required to grasp the fundamentals of automation. The lack of a skilled workforce hurts the factories since being understaffed; they cannot scale up production to meet the ever-growing demand for their goods. It ultimately prevents the wider adoption of automation in industry. The lack of a skilled workforce is expected to be a major challenge for the growth of the global factory automation market.

COVID-19 Impact Analysis

The COVID-19 pandemic caused a decline in the global factory automation market. The pandemic lockdowns disrupted various end-user industries. Many industries had to scale back, suspend or postpone capital investments due to the effects of the pandemic. Despite the short-term challenges, the pandemic is expected to positively impact the long-term outlook of the global factory automation market. The pandemic will lead to greater adoption of smart technologies such as virtual reality and artificial intelligence and their integration into factory robotics as companies are looking to boost factory efficiency with minimal human resources.

Recent Developments in the Industry:

1. In October 2021, Techman Robot Inc., a Taiwanese collaborative robot company, received an investment from OMRON Corporation. With its investment in Techman, the firm hopes to collaborate on novel robot solutions that integrate its industrial automation technology with Techman's collaborative robots.

2. In January 2022, KUKA, a German manufacturer of industrial robots, signed an agreement with Ford Otosan, the Turkish subsidiary of Ford, to supply 700 robots for Ford's new EV production facility in Kocaeli, Turkey.

Market Segmentation:

The scope of the report covers segmentation based on type, component, solutions, end-user and region. The global factory automation market is segmented by type into fixed automation, programmable automation, flexible automation, integrated automation and others. The global factory automation market is segmented by component into vision machines, industrial robots, control valves, field instruments, human-machine interface, industrial PC, sensors and others. The global factory automation market is segmented by solutions into supervisory control and data acquisition (SCADA), programmable logic controllers (PLC), distributed control systems (DCS), manufacturing execution systems (MES), product lifecycle management (PLM), functional safety, product lifecycle management (PLM) and others. The global factory automation market is segmented by end-user into oil & gas, chemicals, pulp & paper, pharmaceuticals, mining & metals, food & beverages, energy & power and automotive. The global factory automation market is segmented by region into North America, South America, Europe, Asia-Pacific, Middle East and Africa.

1. Fixed Automation: Fixed automation, sometimes known as ""hard automation,"" refers to an automated manufacturing facility where the equipment setup determines the order of processing processes. In effect, the machine's programmed commands are stored in cams, gears, wires and other hardware that is difficult to modify from one product style to the next.

2. Programmable Automation: Programmable automation is a type of automation used to produce things in batches. The goods are manufactured in batches ranging from a few dozen to several thousand units. The production equipment must be reprogrammed and switched over for each new batch to accommodate the new product style.

3. Flexible Automation: Flexible automation is a manufacturing method that adapts and responds quickly to changes in production requirements, such as product kind and quantity. Flexible automation systems can produce many parts with minimal downtime during changeovers.

4. Integrated Automation: It is a complete manufacturing system integrated into a computer-controlled, digitally processed and coordinated system with integrated automation systems. A common production system database controls robotic bin-picking automation with conveyors-integrated automation systems. Its central automation control point integrates industrial and non-industrial processes and robot integration through automated production technologies.

5. Others: Numerically controlled machines, computer-aided manufacturing, industrial robots, automated production lines and automated assembly are other factory automation systems.

Regional Classification:

According to the DataM Intelligence market research report, the global factory automation market is divided into North America, South America, Europe, Asia-Pacific, Middle East and Africa.

North America is known for the early adoption of the latest technology and growing investments to save energy by adopting new technologies have led to the growth of factory automation in the region. The presence of key high-technology industries and a culture of innovation are expected to favor the growth of the North American factory automation market. Manufacturing units in Europe are compelled to implement newer technical advances and digital transformation solutions to make their business processes as effective as possible due to a rapid increase in competition and increasing end-user requirements. The increased use of robots and automation in the European automobile industry is predicted to bolster the European factory automation market. In addition, strict manufacturing and control regulations have made food and beverage manufacturers hesitant to adopt new technologies in Europe. Asia-Pacific holds the largest global factory automation market share, with China becoming the largest consumer. China is gradually building itself as one of the major automation markets in production and consumption.

Competitive Analysis:

The global factory automation market is slightly fragmented, with major players accounting for a significant market share. Technology launches, new projects, awards, acquisitions and R&D activities are key strategies adopted by players in the factory automation market. The companies compete based on price, product specifications, technologies and market presence.

Major Companies:

Some key companies contributing to the global factory automation market growth include ABB, Siemens, Schneider Electric, Mitsubishi Electric, General Electric, Honeywell, Rockwell Automation, Yokogawa Electric Corporation, HP and Omron Corporation, among others.

Additional Benefits Post Purchase:

1) Unlimited Analyst support for a period of 1 year.

2) Any query regarding the scope offered will be addressed within 24- 48 hours.

3) An excel sheet with market numbers will be provided separately.

The Full Report has the below insights.
• The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021) and verifiable projections about market size during the forecast period (2022-2029).
• Visualize the composition of the global factory automation market segmentation by drone type, application and region, highlighting the key commercial assets and players.

o By Type: Fixed Automation, Programmable Automation, Flexible Automation, Integrated Automation and Others

o By Component: Vision Machines, Industrial Robots, Control Valves, Field Instruments, Human-Machine Interface, Industrial Pc, Sensors and Others

o By Solutions: Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controllers (PLC), Distributed Control Systems (DCS), Manufacturing Execution Systems (MES), Product Lifecycle Management (PLM), Functional Safety, Product Lifecycle Management (PLM) and Others

o By End-User: Oil & Gas, Chemicals, Pulp & Paper, Pharmaceuticals, Mining & Metals, Food & Beverages, Energy & Power and Automotive

o By Region: North America, South America, Europe, Asia-Pacific, Middle East and Africa
• Identify commercial opportunities in the global factory automation market by analyzing trends and co-development deals.
• The report also covers data insights on various industry forces such as porter's five forces, regulations in each country, reimbursement scenario, technological advancements, PEST analysis and pricing analysis.
• Excel data sheet with thousands of global factory automation market-level 4/5 segmentation data points.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players
• The report will provide access to approximately 50+ market data tables, 40+ figures and close to 296 pages.


1. Global Factory Automation Market Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Global Factory Automation Market – Market Definition and Overview
3. Global Factory Automation Market – Executive Summary
3.1. Market Snippet by Type
3.2. Market Snippet by Component
3.3. Market Snippet by Solutions
3.4. Market Snippet by End-User
3.5. Market Snippet by Region
4. Global Factory Automation Market-Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. The growing use of automation in industries is a major driver for the global factory automation market
4.1.1.2. XX
4.1.2. Restraints
4.1.2.1. High capital investment associated with automation is expected to restrain the global factory automation market
4.1.2.2. XX
4.1.3. Opportunity
4.1.3.1. XX
4.1.4. Impact Analysis
5. Global Factory Automation Market – Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. Global Factory Automation Market – COVID-19 Analysis
6.1. Analysis of COVID-19 on the Market
6.1.1. Before COVID-19 Market Scenario
6.1.2. Present COVID-19 Market Scenario
6.1.3. After COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. Global Factory Automation Market – By Type
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
7.1.2. Market Attractiveness Index, By Type
7.2. Fixed Automation *
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Programmable Automation
7.4. Flexible Automation
7.5. Integrated Automation
7.6. Others
8. Global Factory Automation Market – By Component
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
8.1.2. Market Attractiveness Index, By Component
8.2. Vision Machines*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Industrial Robots
8.4. Control Valves
8.5. Field Instruments
8.6. Human–Machine Interface
8.7. Industrial PC
8.8. Sensors
8.9. Others
9. Global Factory Automation Market – By Solutions
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solutions
9.1.2. Market Attractiveness Index, By Solutions
9.2. Supervisory Control and Data Acquisition (SCADA)*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Programmable Logic Controllers (PLC)
9.4. Distributed Control Systems (DCS)
9.5. Manufacturing Execution Systems (MES)
9.6. Product Lifecycle Management (PLM)
9.7. Functional Safety
9.8. Plant Asset Management (PAM)
9.9. Others
10. Global Factory Automation Market – By End-User
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.1.2. Market Attractiveness Index, By End-User
10.2. Oil & Gas *
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Chemicals
10.4. Paper & Pulp
10.5. Pharmaceuticals
10.6. Mining & Metals
10.7. Food & Beverages
10.8. Energy & Power
10.9. Automotive
10.10. Electronics & Semiconductors
10.11. Aerospace and Defense
10.12. Medical Devices
10.13. Others
11. Global Factory Automation Market – By Region
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
11.1.2. Market Attractiveness Index, By Region
11.2. North America
11.2.1. Introduction
11.2.2. Key Region-Specific Dynamics
11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solutions
11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.2.7.1. U.S.
11.2.7.2. Canada
11.2.7.3. Mexico
11.3. Europe
11.3.1. Introduction
11.3.2. Key Region-Specific Dynamics
11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solutions
11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.3.7.1. Germany
11.3.7.2. UK
11.3.7.3. France
11.3.7.4. Italy
11.3.7.5. Spain
11.3.7.6. Rest of Europe
11.4. South America
11.4.1. Introduction
11.4.2. Key Region-Specific Dynamics
11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solutions
11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.4.7.1. Brazil
11.4.7.2. Argentina
11.4.7.3. Rest of South America
11.5. Asia-Pacific
11.5.1. Introduction
11.5.2. Key Region-Specific Dynamics
11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solutions
11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.5.7.1. China
11.5.7.2. India
11.5.7.3. Japan
11.5.7.4. South Korea
11.5.7.5. Rest of Asia-Pacific
11.6. Middle East and Africa
11.6.1. Introduction
11.6.2. Key Region-Specific Dynamics
11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solutions
11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12. Global Factory Automation Market – Competitive Landscape
12.1. Competitive Scenario
12.2. Market Positioning/Share Analysis
12.3. Mergers and Acquisitions Analysis
13. Global Factory Automation Market- Company Profiles
13.1. ABB*
13.1.1. Company Overview
13.1.2. End-User Portfolio and Description
13.1.3. Key Highlights
13.1.4. Financial Overview
13.2. Rockwell Automation, Inc.
13.3. Yokogawa Electric Corporation
13.4. Hewlett Packard Enterprise Development LP
13.5. OMRON Corporation
13.6. Honeywell International Inc
13.7. Mitsubishi Electric Corporation
13.8. GE DIGITAL
13.9. Schneider Electric
13.10. Siemens AG
LIST NOT EXHAUSTIVE
14. Global Factory Automation Market – Premium Insights
15. Global Factory Automation Market – DataM
15.1. Appendix
15.2. About Us and Services
15.3. Contact Us

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