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According to the latest research, the global Factory Automation market size was valued at USD 147052.0 million in 2022 and is expected to expand at a CAGR of 7.36% during the forecast period, reaching USD 225240.0 million by 2028.
Factory Automation or automatic control is the use of various control systems for operating equipment such as machinery, processes in factories, boilers and heat treating ovens, switching on telephone networks, steering and stabilization of ships, aircraft and other applications and vehicles with minimal or reduced human.
Government policy control in some regions
Due to the industry characteristics of Factory Automation, all regions of the world have strict industrial policies and market access standards for the Factory Automation industry. Due to the close relationship between industrial automation and the labor force, the regional government requirements are stricter in terms of safety standards, so as to ensure that the safety performance of products meets the standards. Therefore, the strictness of policies and market standards may affect the rapid growth of the market to a certain extent.
The impact of raw material prices on production costs
Many of Factory Automation products are made of metal, and the increase in the price of metal will increase the production cost of factory automation products. Coupled with the flow of some suppliers, core technicians, and rising global labor costs, this will have an impact on the pricing of factory automation products, leading to a certain increase in their prices.
Upgrade product performance
Automation has dramatically changed the way production is done in the industrial sector by reducing manufacturing time and production costs. In the future, suppliers will focus on developing technologies for industrial automation products, such as the Internet of Things, and some improvements in mechanical automation technology for downstream customers. Provide better quality and lower price products.
Development of downstream industry
With the further development of society, the world's major industries are also developing. For example, the chemical industry, automobile manufacturing, has always been the lifeblood of the global economy. Due to the rising cost of human resources, the global population aging phenomenon has intensified. Coupled with the booming of these industries, there is bound to be an increase in demand for communist automation product
Region Overview:
In 2022, the share of the Factory Automation market in Europe stood at 31.77%.
Company Overview:
Siemens is one of the major players operating in the Factory Automation market, holding a share of 13.22% in 2023.
Siemens
Siemens AG offers power and energy solutions to companies in the energy and electricity industry. The company develops and builds fossil fuel power plants and power-generating components, as well as offers gas turbines, steam turbines, generators, gas turbine packages, steam turbine packages, compressors, fans, instrumentation and controls, electrical systems, wind turbines, fuel cells, fuel gasifies, turbochargers, and environmental systems.
Emerson
Emerson Electric Co., a technology and engineering company, provides various solutions to industrial, commercial, and consumer markets worldwide. The company’s Automation Solutions segment offers products and integrated solutions, including measurement and analytical instrumentation; valves, actuators, and regulators; industrial solutions; and process control systems and solutions.
Segmentation Overview:
By type, Programmable Automation segment accounted for the largest share of market in 2022.
Programmable Automation
In programmable automation, production equipment is designed to change the sequence of operations to suit different product configurations. The sequence of operations is controlled by a program, which is a set of coded instructions. This way they can be read and interpreted by the system. New programs can be prepared and entered into the device to produce new products.
Fixed Automation
Fixed automation, also known as “hard automation,” refers to automated production facilities where the order of processing operations is fixed by the equipment configuration. In fact, programmed commands are included in the machine in the form of cams, gears, wiring, etc.
Application Overview:
By application, the Automotive Manufacturing segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Factory Automation industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Factory Automation. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Factory Automation Market Report Include:
Market Size Estimates: Factory Automation market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Factory Automation market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Factory Automation market
Segment Market Analysis: Factory Automation market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Factory Automation market situations and prospects in major and top regions and countries
Factory Automation Market
Factory Automation Industry Chain: Factory Automation market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Factory Automation Industry News, Policies by regions
Factory Automation Industry Porters Five Forces Analysis
Key players in the global Factory Automation market are covered in Chapter 2:
ABB
Keyence Corporation
KUKA
Delta
Siemens
Mitsubishi Electric
Fuji Electric
Emerson
Yaskawa
Omron
Schneider Electric
FANUC
Honeywell
Bosch Rexroth
Yokogawa Electric Corporation
Rockwell Automation
In Chapter 6 and Chapter 9, on the basis of types, the Factory Automation market from 2018 to 2028 is primarily split into:
Programmable Automation
Fixed Automation
In Chapter 7 and Chapter 10, on the basis of applications, the Factory Automation market from 2018 to 2028 covers:
Automotive Manufacturing
Food & Beverage
Oil & Gas Processing
Chemical Industry
Electronics Manufacturing
Mining
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Factory Automation market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Factory Automation industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Factory Automation market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Factory Automation industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Factory Automation market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Factory Automation market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Factory Automation market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Factory Automation or automatic control is the use of various control systems for operating equipment such as machinery, processes in factories, boilers and heat treating ovens, switching on telephone networks, steering and stabilization of ships, aircraft and other applications and vehicles with minimal or reduced human.
Government policy control in some regions
Due to the industry characteristics of Factory Automation, all regions of the world have strict industrial policies and market access standards for the Factory Automation industry. Due to the close relationship between industrial automation and the labor force, the regional government requirements are stricter in terms of safety standards, so as to ensure that the safety performance of products meets the standards. Therefore, the strictness of policies and market standards may affect the rapid growth of the market to a certain extent.
The impact of raw material prices on production costs
Many of Factory Automation products are made of metal, and the increase in the price of metal will increase the production cost of factory automation products. Coupled with the flow of some suppliers, core technicians, and rising global labor costs, this will have an impact on the pricing of factory automation products, leading to a certain increase in their prices.
Upgrade product performance
Automation has dramatically changed the way production is done in the industrial sector by reducing manufacturing time and production costs. In the future, suppliers will focus on developing technologies for industrial automation products, such as the Internet of Things, and some improvements in mechanical automation technology for downstream customers. Provide better quality and lower price products.
Development of downstream industry
With the further development of society, the world's major industries are also developing. For example, the chemical industry, automobile manufacturing, has always been the lifeblood of the global economy. Due to the rising cost of human resources, the global population aging phenomenon has intensified. Coupled with the booming of these industries, there is bound to be an increase in demand for communist automation product
Region Overview:
In 2022, the share of the Factory Automation market in Europe stood at 31.77%.
Company Overview:
Siemens is one of the major players operating in the Factory Automation market, holding a share of 13.22% in 2023.
Siemens
Siemens AG offers power and energy solutions to companies in the energy and electricity industry. The company develops and builds fossil fuel power plants and power-generating components, as well as offers gas turbines, steam turbines, generators, gas turbine packages, steam turbine packages, compressors, fans, instrumentation and controls, electrical systems, wind turbines, fuel cells, fuel gasifies, turbochargers, and environmental systems.
Emerson
Emerson Electric Co., a technology and engineering company, provides various solutions to industrial, commercial, and consumer markets worldwide. The company’s Automation Solutions segment offers products and integrated solutions, including measurement and analytical instrumentation; valves, actuators, and regulators; industrial solutions; and process control systems and solutions.
Segmentation Overview:
By type, Programmable Automation segment accounted for the largest share of market in 2022.
Programmable Automation
In programmable automation, production equipment is designed to change the sequence of operations to suit different product configurations. The sequence of operations is controlled by a program, which is a set of coded instructions. This way they can be read and interpreted by the system. New programs can be prepared and entered into the device to produce new products.
Fixed Automation
Fixed automation, also known as “hard automation,” refers to automated production facilities where the order of processing operations is fixed by the equipment configuration. In fact, programmed commands are included in the machine in the form of cams, gears, wiring, etc.
Application Overview:
By application, the Automotive Manufacturing segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Factory Automation industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Factory Automation. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Factory Automation Market Report Include:
Market Size Estimates: Factory Automation market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Factory Automation market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Factory Automation market
Segment Market Analysis: Factory Automation market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Factory Automation market situations and prospects in major and top regions and countries
Factory Automation Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Factory Automation Industry Chain: Factory Automation market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Factory Automation Industry News, Policies by regions
Factory Automation Industry Porters Five Forces Analysis
Key players in the global Factory Automation market are covered in Chapter 2:
ABB
Keyence Corporation
KUKA
Delta
Siemens
Mitsubishi Electric
Fuji Electric
Emerson
Yaskawa
Omron
Schneider Electric
FANUC
Honeywell
Bosch Rexroth
Yokogawa Electric Corporation
Rockwell Automation
In Chapter 6 and Chapter 9, on the basis of types, the Factory Automation market from 2018 to 2028 is primarily split into:
Programmable Automation
Fixed Automation
In Chapter 7 and Chapter 10, on the basis of applications, the Factory Automation market from 2018 to 2028 covers:
Automotive Manufacturing
Food & Beverage
Oil & Gas Processing
Chemical Industry
Electronics Manufacturing
Mining
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Factory Automation market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Factory Automation industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Factory Automation market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Factory Automation industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Factory Automation market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Factory Automation market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Factory Automation market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently 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.
