Global Factory Automation & Industrial Controls Market Growth 2023-2029

Global Factory Automation & Industrial Controls Market Growth 2023-2029

Factory automation implies a set of technologies and automatic control devices to enhance the productivity and quality of products and simultaneously decrease the production cost.

LPI (LP Information)' newest research report, the “Factory Automation & Industrial Controls Industry Forecast” looks at past sales and reviews total world Factory Automation & Industrial Controls sales in 2022, providing a comprehensive analysis by region and market sector of projected Factory Automation & Industrial Controls sales for 2023 through 2029. With Factory Automation & Industrial Controls sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Factory Automation & Industrial Controls industry.

This Insight Report provides a comprehensive analysis of the global Factory Automation & Industrial Controls landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Factory Automation & Industrial Controls portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Factory Automation & Industrial Controls market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Factory Automation & Industrial Controls and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Factory Automation & Industrial Controls.

The global Factory Automation & Industrial Controls market size is projected to grow from US$ 107400 million in 2022 to US$ 144150 million in 2029; it is expected to grow at a CAGR of 144150 from 2023 to 2029.

Also known as industrial automation, it minimizes human intervention in the industry and ensures a superior performance as compared to humans. It comprises the use of computers, robots, control systems, and information technologies to handle industrial processes.

This report presents a comprehensive overview, market shares, and growth opportunities of Factory Automation & Industrial Controls market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Control Systems
Measurement & Analytical Products
Switches & Safety Components
Industrial Robot
Others

Segmentation by application
General Manufacturing
Automotive
Power Industry
Oil & Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Mtsubishi Electric
ABB
Emerson
Rockwell Automation
Schneider Electric
Keyence
Bosch Rexroth
Honeywell
Fanuc
Omron
Yokogawa Electric
Fuji Electric
KuKa
Inovance Group
General Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Factory Automation & Industrial Controls market?

What factors are driving Factory Automation & Industrial Controls market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Factory Automation & Industrial Controls market opportunities vary by end market size?

How does Factory Automation & Industrial Controls break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.