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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.
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.
Scope of the Report:
According to the Segmentation of types, all the market of Automation and Controls can be divided as follows:
The first kind need to mention is Field Devices, it hold a comparatively larger share in Vietnam market, which accounts for about 63.14% in 2019.
The following is Industrial Control Systems share 23.25% market share in 2019. While others share the rest.
Increasing government funding to promote the adoption of automated systems in various industrial verticals, flourishing demand for automation from various manufacturing sectors, growing innovations in industrial robotics, increasing technological advancements in manufacturing, and demand for mass production and associated supply chain to cater to the growing population. In addition, growing digitalization and accelerating pace of change, industry 4.0 revolution, increasing demand for safety compliance of automation products, and growing manufacturing sector in emerging economies further provides significant opportunities for the various stakeholders in this market. However, factors such as rising unemployment, high capital investments, decreasing oil and gas prices affecting infrastructure related investments are expected to hinder the growth of the market to some extent.
The global Automation and Controls market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Automation and Controls.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Automation and Controls market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Automation and Controls market by product type and applications/end industries.
Market Segment by Companies, this report covers
Emerson
ABB
Mitsubishi Electric
Fuji Electric
Yokogawa
Fanuc
Schneider Electric
Bosch Rexroth
Siemens
Omron
Honeywell
Keyence
Rockwell
Universal Robots
Kuka
Johnson Controls
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Field Devices
Industrial Control Systems
Others
Market Segment by Applications, can be divided into
Textiles and Clothing
Chemical Industry
Machinery
Electronics and Optical
Food and Beverages
Others
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.
Scope of the Report:
According to the Segmentation of types, all the market of Automation and Controls can be divided as follows:
The first kind need to mention is Field Devices, it hold a comparatively larger share in Vietnam market, which accounts for about 63.14% in 2019.
The following is Industrial Control Systems share 23.25% market share in 2019. While others share the rest.
Increasing government funding to promote the adoption of automated systems in various industrial verticals, flourishing demand for automation from various manufacturing sectors, growing innovations in industrial robotics, increasing technological advancements in manufacturing, and demand for mass production and associated supply chain to cater to the growing population. In addition, growing digitalization and accelerating pace of change, industry 4.0 revolution, increasing demand for safety compliance of automation products, and growing manufacturing sector in emerging economies further provides significant opportunities for the various stakeholders in this market. However, factors such as rising unemployment, high capital investments, decreasing oil and gas prices affecting infrastructure related investments are expected to hinder the growth of the market to some extent.
The global Automation and Controls market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Automation and Controls.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Automation and Controls market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Automation and Controls market by product type and applications/end industries.
Market Segment by Companies, this report covers
Emerson
ABB
Mitsubishi Electric
Fuji Electric
Yokogawa
Fanuc
Schneider Electric
Bosch Rexroth
Siemens
Omron
Honeywell
Keyence
Rockwell
Universal Robots
Kuka
Johnson Controls
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Field Devices
Industrial Control Systems
Others
Market Segment by Applications, can be divided into
Textiles and Clothing
Chemical Industry
Machinery
Electronics and Optical
Food and Beverages
Others
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
