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.
Get Free Sample Report:
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”.
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 cla