Global Factory Automation (FA) Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Factory Automation (FA) Market 2023 by Company, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Factory Automation (FA) market size was valued at USD 168400 million in 2022 and is forecast to a readjusted size of USD 267130 million by 2029 with a CAGR of 6.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The world's key manufacturers providing factory automation (FA) are Siemens, Mitsubishi Electric, ABB, Emerson, Rockwell Automation, Schneider Electric, Keyence, Bosch Rexroth, etc. The top six manufacturers together occupy more than The top six manufacturers together account for more than 40% of the market share, with the largest manufacturer being Siemens, with a market share of 13.12%. The global factory automation providing regions mainly distributed in the United States, Europe, China, Japan, etc., of which Europe has the largest market share of 34.97%. In terms of its product categories, control systems have the highest market share of 56.80%, followed by measurement and analysis products with 32.57%. In terms of its applications, general manufacturing is its top application area with 34.38% of the market share, followed by automotive industry with 25.57%.

Factory Automation (FA) use set technologies and automatic control devices that results the automatic operation and control of industrial processes without significant human intervention and achieving superior performance than manual control. These automation devices include PLCs, PCs, PACs, etc. and technologies include various industrial communication systems. It facilitates to increase the product quality, reliability and production rate while reducing production and design cost by adopting new, innovative and integrated technologies and services.

This report is a detailed and comprehensive analysis for global Factory Automation (FA) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Factory Automation (FA) market size and forecasts, in consumption value ($ Million), 2018-2029

Global Factory Automation (FA) market size and forecasts by region and country, in consumption value ($ Million), 2018-2029

Global Factory Automation (FA) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029

Global Factory Automation (FA) market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Factory Automation (FA)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Factory Automation (FA) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, Mitsubishi Electric, ABB, Emerson and Rockwell Automation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

Factory Automation (FA) market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Control Systems
Measurement & Analytical Products
Switches & Safety Components
Industrial Robot
Others

Market segment by Application
General Manufacturing
Automotive
Power Industry
Oil & Gas
Others

Market segment by players, this report covers
Siemens
Mitsubishi Electric
ABB
Emerson
Rockwell Automation
Schneider Electric
Keyence
Bosch Rexroth
Honeywell
Fanuc
Omron
Yokogawa Electric
Fuji Electric
KuKa
Inovance Group
General Electric

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Factory Automation (FA) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Factory Automation (FA), with revenue, gross margin and global market share of Factory Automation (FA) from 2018 to 2023.

Chapter 3, the Factory Automation (FA) competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Factory Automation (FA) market forecast, by regions, type and application, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of Factory Automation (FA).

Chapter 13, to describe Factory Automation (FA) research findings and conclusion.