1. Market Research
  2. > Software Market Trends
  3. > Industrial and Factory Automation Market: By System Types (Control Systems, Software, Machine Vision, Others) By Hardware (Human Machine Interface, Connectivity, Others); By Verticals (Energy, Automotive, Chemicals, Others) Forecast (2015-2020)

Industrial and Factory Automation Market: By System Types (Control Systems, Software, Machine Vision, Others) By Hardware (Human Machine Interface, Connectivity, Others); By Verticals (Energy, Automotive, Chemicals, Others) Forecast (2015-2020)

  • August 2015
  • -
  • Industry ARC
  • -
  • 250 pages

Summary

Table of Contents

Industrial and specifically factory automation is the use of different control systems, software and other technologies for automation of the factory. The day to day technological advancements are helping the manufacturing process and other such tasks perform a lot faster and cost effective. The use of these technologies increases productivity, quality, almost negates wastage, faster interaction with different departments within the company and other such perks.

The challenges for this market are reduced security and high installation and maintenance costs. The biggest market for this industry exists in china which is the primary hub of global manufacturing industry. China for example accounts for more than 60% of Siemens control systems manufacturing. The need for automation is due to growing need for better quality products with increased production rates and also to reduce the labor costs.

The Industrial Automation equipment and services market is slated to grow at 7.05% CAGR for the next five years. The market is estimated to reach $283.2bn by 2018.

Control systems have the largest market in factories with M2M interaction making the process completely automated. Software’s like ERP gives business management solutions, PAC aids with M2M interaction in control systems. Sensors help in differentiating, error control and production management.

Innovative products and services are gradually capturing the Industrial Automation market. Companies such as Sick AG are offering better miniature sensors to which are affordable and productive. Siemens who already have strong market in Asia are increasing production due to demand for automation in emerging countries like India.

The report is segmented based product types, end use verticals and geographic regions. The market share analysis, strategies and future opportunities are also discussed in the report. The service market has been aiding the market in earning significant revenues apart from the hardware and software sales, with an augmented segment of the end-users, preferring the maintenance and outsourcing services instead of the in-house purchase and the subsequent maintenance.

This report on the Global Industrial Automation Market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the Industrial Automation services and equipment market. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2012 are provided.

The prominent players profiled in this report are:
ABB, Schneider Electric,
Rockwell Automation,
Honeywell International and others.

Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
SOASTA Targets Differentiated Cloud Testing, Digital Quality with Analytics

SOASTA Targets Differentiated Cloud Testing, Digital Quality with Analytics

  • $ 8800
  • Industry report
  • March 2017
  • by IDC

This IDC Vendor Profile is one in a series of IDC studies that examine automated software quality solutions and provides both vendor analysis and customer reference context for technology adoption. This ...

Exploration & Production Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Exploration & Production Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

  • $ 7500
  • Industry report
  • February 2017
  • by Transparency Market Research

Global Exploration and Production Software Market: Overview The report provides analysis of the Exploration & Production (E&P) Software market for the period 2014–2024, wherein the years from 2016 to ...

Enterprise WLAN Market by Component, Hardware (Wireless access points, AP Antennas, Wireless LAN controllers, Multigigabit Switching, Wireless Location Appliance), Software, Service, Vertical, and Region - Global Forecast to 2021

Enterprise WLAN Market by Component, Hardware (Wireless access points, AP Antennas, Wireless LAN controllers, Multigigabit Switching, Wireless Location Appliance), Software, Service, Vertical, and Region - Global Forecast to 2021

  • $ 7150
  • Industry report
  • April 2017
  • by MarketsandMarkets

WLAN hardware to play a significant role in augmenting the growth prospects in the enterprise WLAN market This study has been done on a global level covering five regions broadly, North America, Europe, ...

Top 10 Security Technologies

February 2017 $ 5650

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.