Market Executive Summary

The global Factory Automation & Industrial Controls market was valued at 10782.26 Million USD in 2021 and will grow with a CAGR of 4.09% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Factory automation implies a set of technologies and automatic control devices to enhance the productivity and quality of products and simultaneously decrease the production cost.Also known as industrial automation, it minimizes human intervention in the industry and ensures a superior performance as compared to humans. It comprises the use of computers, robots, control systems, and information technologies to handle industrial processes.
By Market Verdors:
ABB
Emerson
GE
Honeywell
Mitsubishi
Omron
Rockwell
Schneider Electric
Siemens
Yokogawa
Kuka
Keyence
Fanuc
Bosch Rexroth
Fuji Electric
Endress+Hauser
Hitachi

By Types:
Sensors
Controllers
Switches & Relays
Industrial Robots
Drives

By Applications:
Automotive
Aerospace and defense
Packaging
Chemical & Petrochemical
Utilities
Pharmaceuticals
Food & Beverages
Textile

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase
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Assess the production processes, major issues, and solutions to mitigate the development risk.
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Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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