Factory Automation and Industrial Controls Market in Italy 2022-2026
Technavio has been monitoring the factory automation and industrial controls market in Italy and it is poised to grow by $ 1.92 bn during 2022-2026, progressing at a CAGR of 6.97% during the forecast period. Our report on factory automation and industrial controls market in Italy provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the need for simplification of complex manufacturing activities and developing market dynamics. In addition, the need for simplification of complex manufacturing activities is anticipated to boost the growth of the market as well.
The factory automation and industrial controls market in Italy analysis includes product and end-user segments.
Technavio's factory automation and industrial controls market in Italy is segmented as below:
- By Product
- Industrial control systems
- Field devices
- By End-user
- General industry
- Automotive
- Consumer goods
- Others
This study identifies the rising focus on smart factoriesas one of the prime reasons driving the factory automation and industrial controls market growth in Italy during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on factory automation and industrial controls market in Italy covers the following areas:
- Factory automation and industrial controls market sizing
- Factory automation and industrial controls market forecast
- Factory automation and industrial controls market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading factory automation and industrial controls market vendors in Italy that include ABB Ltd., Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. Also, the factory automation and industrial controls market in Italy analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedABB Ltd., Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yokogawa Electric Corp.