Asia-Pacific Factory Automation Market 2020-2026

Asia-Pacific Factory Automation Market Size, Share & Trends Analysis Report by Component (Industrial Robots, Machine Vision, Human Machine Interface (HMI), Sensors, Control Valves, and Others), By Control Systems(PLC, DCS, SCADA, MES, and Others), By Industry (Automotive, Aerospace & Defense, Oil & Gas, Chemical, Food & Beverages, Healthcare, and Others) and Forecast 2020-2026.

The Asia-Pacific factory automation market is estimated to grow significantly during the forecast period. The market is driven due to increasing adoption for human-robot collaboration in the manufacturing sector and the growing demand for connected devices in the industrial sector. Further, the advancement in consumer electronics, growing automotive sales, and the significant growth of major economies, such as China, India, Japan, and South Korea will boost the growth of automation in manufacturing in these industries in the region.

The Asia-Pacific market for factory automation is further classified on the basis of components, control systems, and Industry. Based on the component, the market is further classified into industrial robots, machine vision, human-machine interface (HMI), sensors, control valves, and others. The industrial robots segment is projected to have considerable growth in the Asia-Pacific market. Based on the control systems, the Asia-Pacific factory automation market is further segmented into programmable logic controllers (PLC), distributed control systems (DCS), supervisory control and data acquisition system (SCADA), manufacturing execution system (MES), and others (Product Lifecycle Management). The DCS segment held a significant market share in the Asia-Pacific factory automation market. On the basis of industry, the market is further segregated into automotive, aerospace & defense, oil & gas, chemical, food & beverages, healthcare, and others. Based on geography, the Asia-Pacific factory automation market is further segregated into China, India, Japan, and the Rest of Asia-Pacific. China is projected to have a considerable share in the Asia-Pacific factory automation market.

The companies which are contributing to the growth of the Asia-Pacific factory automation market include ABB Ltd., Honeywell International, Inc., Fuji Electric Co., Ltd., Mitsubishi Electric Corp., General Electric Co., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.

Research Methodology

The market study of the Asia-Pacific factory automation market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.

Secondary Sources Include:

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for factory automation solutions providers, software vendors, AI solution providers, robotic solution providers, hardware manufacturers, and other market participants for overall market analysis, and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Asia-Pacific Factory Automation Market Research and Analysis by Component
2. Asia-Pacific Factory Automation Market Research and Analysis by Control Systems
3. Asia-Pacific Factory Automation Market Research and Analysis by Industry

The Report Covers:

• Comprehensive research methodology of the Asia-Pacific factory automation market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific factory automation market.
• Insights about market determinants that are stimulating the Asia-Pacific factory automation market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.