Global Factory Automation (FA) Supply, Demand and Key Producers, 2023-2029
The global Factory Automation (FA) market size is expected to reach $ 267130 million by 2029, rising at a market growth of 6.8% CAGR during the forecast period (2023-2029).
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 studies the global Factory Automation (FA) demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Factory Automation (FA), and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Factory Automation (FA) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Factory Automation (FA) total market, 2018-2029, (USD Million)
Global Factory Automation (FA) total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Factory Automation (FA) total market, key domestic companies and share, (USD Million)
Global Factory Automation (FA) revenue by player and market share 2018-2023, (USD Million)
Global Factory Automation (FA) total market by Type, CAGR, 2018-2029, (USD Million)
Global Factory Automation (FA) total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Factory Automation (FA) market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, Mitsubishi Electric, ABB, Emerson, Rockwell Automation, Schneider Electric, Keyence, Bosch Rexroth and Honeywell, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Factory Automation (FA) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Factory Automation (FA) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Factory Automation (FA) Market, Segmentation by Type
Control Systems
Measurement & Analytical Products
Switches & Safety Components
Industrial Robot
Others
Global Factory Automation (FA) Market, Segmentation by Application
General Manufacturing
Automotive
Power Industry
Oil & Gas
Others
Companies Profiled:
Siemens
Mitsubishi Electric
ABB
Emerson
Rockwell Automation
Schneider Electric
Keyence
Bosch Rexroth
Honeywell
Fanuc
Omron
Yokogawa Electric
Fuji Electric
KuKa
Inovance Group
General Electric
Key Questions Answered
1. How big is the global Factory Automation (FA) market?
2. What is the demand of the global Factory Automation (FA) market?
3. What is the year over year growth of the global Factory Automation (FA) market?
4. What is the total value of the global Factory Automation (FA) market?
5. Who are the major players in the global Factory Automation (FA) market?
6. What are the growth factors driving the market demand?
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