Automation refers to the integration of mechanical systems with IT technology. These systems are utilized to standardize reliable production systems. Effortless monitoring, reduction of waste and optimization of the production process are distinct advantages possessed by the automation systems, in comparison to the conventional manual labor. The use of advanced technology offers the customers an enhanced quality and standardization of dependable products at much lower costs, within a limited time frame.
With the advent of industrial Internet of Things, the next industrial revolution has created a connected environment and offers complete operational visibility to facilitate real-time decisions. This performance enhancement of the automation systems has led to a drastic improvement in the industrial sector with research indicating a revenue growth by almost 70% and an increased productivity of the workforce by 30%. The world leaders in factory automation are fueling the connected enterprise strategies, as the industry is moving towards increased usage of IoT applications. The deployment of smarter manufacturing infrastructure, which is based on IoT techniques, helps companies establish and maintain a wealth of knowledge across control methods, manufacturing and business processes.
The factory automation and industrial control units are prominently found in the automotive industry, which occupies the highest share in the global market. Rise in the volume of automobile production units across the developing countries in the APAC region has consequently led to an increase in the adoption of automation and control equipment, which has driven the growth of the factory automation market. Foreign direct investments and growing middle-class population has resulted in a tremendous rise in the domestic demand in the developing regions. Free-trade agreements and economic partnerships are indirect factors that have contributed to the overall growth of the automotive industry, globally.
The factory automation and industrial control market is led by Europe. With an enormous presence of manufacturing and production units in the region, the advent of IoT in various industries has enhanced the production capacity and led to the optimization of manufacturing processes. The emphasis on sourcing components through the Sub-Saharan Africa and the Middle Eastern countries, for assembly by major multinational firms, has been a major propelling factor for the factory automation market in the Middle East.
The report includes a competitive assessment in terms of the overview of market players, profiles, products and services, business strategies, recent developments and innovation, market landscape, future trends and forecasts, and mergers & acquisitions.
Market analysis for the global factory automation and industrial controls market, with region-specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global factory automation and industrial controls market on both, global and regional scales.
A comprehensive list of key market players, along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is growing and to identify the regions that are still untapped.
1.1 Study Deliverables
1.2 Key Findings of the Study
1.3 Research Methodology
1.4 Research Assumptions
1.5 Market Definition
2. Executive Summary
3. Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Emphasis on Cost-Cutting and Business Process Improvement
3.2.2 Increased Focus Towards Manufacturing in Developing Economies
3.2.3 Internet of Things (IoT) and Machine-To-Machine Technologies Driving the Growth of the Market
3.3 Restraints to the Market
3.3.1 High Installation Costs
3.3.2 Lack of Skilled Workforce is Preventing Enterprises to go for Full-Scale Adoption of Factory Automation
3.4 Industry Value Chain Analysis
3.5 Industry Attractiveness - Porter's Five Force Analysis
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Consumers
3.5.3 Threat from New Entrants
3.5.4 Threat from Substitute Products
3.5.5 Competitive Rivalry Within the Industry
4. Technology Overview
4.1 Technology Snapshot
4.2 Deployment Model
4.3 Ongoing Developments
4.4 Applications of Factory Automation Solutions
5. Global Factory Automation and Industrial Control Systems Market Segmentation and Forecast
5.1 By Products
5.1.1 Field Devices
22.214.171.124 Machine Vision
126.96.36.199 Motion & Drives
188.8.131.52 Relays & Switches
5.1.2 Industrial Control Systems
184.108.40.206 Supervisory Control And Data Acquisition (SCADA)
220.127.116.11 Distributed Control System (DCS)
18.104.22.168 Programmable Logic Controller (PLC)
5.1.3 Manufacturing Execution Systems (MES)
5.1.4 Enterprise Resource Planning (ERP)
5.1.5 Product Lifecycle Management (PLM)
5.2 By End-User Industry
5.2.3 Chemical & Petrochemical
5.2.6 Food, Beverages & Tobacco
5.2.7 Oil & Gas
5.3 By Geography
5.3.1 North America
22.214.171.124 United States
126.96.36.199 United Kingdom
188.8.131.52 South Korea
5.3.4 Latin America
5.3.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
6. Vendor Market Share
7. Competitive Intelligence - Company Profiles
7.1 Rockwell Automation Inc.
7.2 Honeywell International Inc.
7.3 General Electric Company
7.4 ABB Ltd.
7.5 Emerson Electric Company
7.6 Dassault Systemes SE
7.7 Autodesk Inc.
7.8 Mitsubishi Electric Corporation
7.9 Siemens AG
7.10 Aspen Technology Inc.
7.11 Robert Bosch GmbH
7.12 Texas Instruments Inc.
7.13 Johnson Controls International PLC
8. Investment Analysis
8.1 Recent Mergers & Acquisitions
8.2 Role of Business Accelerators
8.3 Investment Outlook
9. Future of Factory Automation & Industrial Controls Market