Manufacturing Facility Automation Systems Market Forecast to Reach $160 Billion by 2025


Posted January 21, 2021 by Blessy_Joy

The Market for Manufacturing Facility Automation Systems is forecast to reach $160 billion by 2025, growing at a CAGR of 7.80% from 2020 to 2025.

 
Manufacturing Facility Automation Systems Market Overview
The Market for Manufacturing Facility Automation Systems is forecast to reach $160 billion by 2025, growing at a CAGR of 7.80% from 2020 to 2025. The growing adoption of industry 4.0 in all end user industries is set to impact on the growth rate of the market. The rising penetration of robotics in industrial sector is also set to escalate the market growth rate. Manufacturing facility automation involves the employment of programmable logic controller, numerically controlled machines, computer aided manufacturing, human machine interface systems and so on which provide the firms with increased productivity, minimal errors and others thereby impacting on the increasing adoption of these technologies.

Key Takeaways
Industrial sector is analysed to hold highest share in the end user in 2019. It is mainly attributed to the adoption of the automation in the packaging, food and beverage and other applications.
Europe is analysed to hold highest share in 2019 owing to the high presence of automotive and medical manufacturing industries.
The rising penetration of robotics in the various end user industries is set to drive the market during the forecast period.

Request for Sample of the Report @ https://www.industryarc.com/pdfdownload.php?id=18994

Geography - Segment Analysis
Europe is the dominant region in 2019, followed by APAC and North America. This is major attributed to the presence of manufacturing giants such as ABB, Siemens and so on. The growing expansions of the automation plants is set to contribute to the growth of the market. In April 2018, ABB invested 100 million Euros in industrial automation at headquarters of B&R in Austria. The growing industrial expansions involving automation of the plants in North American region is also a major factor positively impacting on the growth of the market. 

Drivers – Manufacturing Facility Automation Systems market
Increasing demand for industry 4.0
Penetration of robotics in the manufacturing facilities

Market Landscape: Manufacturing Facility Automation Systems driver market is expected to be dominated by major companies such as ABB Ltd., Emerson Electric Co., Siemens AG, Omron Corp, Mitsubishi Corp, Honeywell International Inc., General Electric Co, Rockwell Automation, Yokogawa Electric Corp, Schneider Electric SE, and Fanuc Corp among others.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Blessy
Business Address IndustryARC
Country India
Categories Business
Tags manufacturing facility automation systems market , manufacturing facility automation systems market growth , manufacturing facility automation systems market research , manufacturing facility automation systems market share , manufacturing facility automation systems market size
Last Updated January 21, 2021