Title: Top Key Projections on Global Market for Factory Automation Market | MRFR
1Factory Automation Market Projected to Reach US
240 bn by 2022 - Siemens AG, ABB Ltd, Emerson
Electric Corporation
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2022
2Factory Automation Market
Market Highlights The changing consumer market
has built high need of deployment of technically
advanced automation process in manufacturing and
production process of an industry. Flexible
production system with high end IT enabled
process provides fast, and safe production
process which is efficient, flexible, reliable
and cost-effective solution. The economic
pressure which affects performance and growth of
an industry is the one of the factor behind
utilizing factory automation process. The
automated manufacturing production process
offers high potential leverage for improving
productivity and profits for industrial process
thereby also reduce energy consumption and cost
associated with the manufacturing process.
Programmable controllers, PACs, industrial
robots, process control system, PLM software and
discrete sensors are some of the popular products
deployed by industrialist to automate their
manufacturing and production process. Industrial
robots have the ability of producing high quality
products with precision and can generate high
return on investment for the investors and also
bring safety on the workplace. The Factory
Automation Market is growing rapidly over 8.59
of CAGR and is expected to reach at USD 240
billion by the end of forecast period 2022. Cost
reduction, high efficiency in the process and
ability to provide the overall information and
initiate early stage development for the products
are the major driving factors of this
market. Taste the market data and market
information presented through more than 30 market
data tables and figures spread over 90 numbers of
pages of the project report. Avail the in-depth
table of content TOC market synopsis on The
Factory Automation Market Research Report
-Forecast to 2022. Get Free Sample Report
_at_ https//www.marketresearchfuture.com/sample_requ
est/3565
3Factory Automation Market
Factory Automation Market Segmentation The
Factory Automation Market has been segmented on
the basis of type, technology, and end user. By
type, the market is been classified into fixed
automation, programmable automation, flexible
automation, and integrated automation. By
technology, the Factory Automation market is
categorized into supervisory control and data
acquisition (SCADA), programmable automation
controller (PAC), programmable logic controller
(PLC), distributed control system (DCS), and
human machine interface (HMI). By end-user, the
market is sub-segmented into manufacturing,
automotive, packaging processing, energy
power, semiconductor electronics, printing
converting and others. The prominent players in
the Factory Automation market are- Siemens AG,
ABB Ltd, Emerson Electric Corporation, Rockwell
Automation, Honeywell International Inc.,
Schneider Electric, Rexroth Bosch Group,
Mitsubishi Electric Corporation, Yokogawa
Electric Corporation, and Omron
Corporation. Browse Full Report Details
_at_ https//www.marketresearchfuture.com/reports/fac
tory-automation-market-3565
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