Factory Automation is a new and smart trend in the manufacturing units. The Factory Automation Market provides an intelligent package for a manufacturing setup. It is basically the use of different control systems, software and other technologies for automation of the factory. There is also a use of sensors with growing technology which help in differentiating, error control and production management. The emphasis by market players on Energy Saving and Efficiency Improvement is the main driving cause of this market.

Table of Contents and Insights:
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The Market Study:

The Global Industrial and Factory Automation Equipment and Services Market is slated to grow at 7.05% CAGR for the next five years. The market is estimated to reach $283.2bn by 2018; 19% of which is occupied by USA. Control systems have the largest market in factories with M2M interaction making the process completely automated.

Innovative products and services are gradually capturing the Industrial Automation market. Companies such as Sick AG are offering better miniature sensors to which are affordable and productive. Siemens who already have strong market in Asia are increasing production due to demand for automation in emerging countries like India.

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Several electrical and mechanical parts play a major role in the automation systems and products of factories. Linear shafts, bushings, switches, sensors, bearing units, gears, motors, V-belts, solenoid valves are some of the main mechanical components of the overall 100 parts covered in the report. The complete ecosystem spanning several key manufacturers of the parts, distributors has been analyzed to give an in-depth understanding of the market landscape.

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Key Market Segments:
By Application
• Power
• Textile
• Automotive
• Chemical
• Printing And Packaging
• Plastics
• Oil And Gas
• Food Processing
• Pharmaceutical
• Original Equipment Manufacturers (OEM)
By Product
• Industrial Control Systems
• Field Devices
• Machine Vision
• Manufacturing Execution Systems (MES)
• Sensors
• Motion & Drives
• Relays & Switches
• Others
By Geography
• North America
• Europe
• Asia-Pacific
• RoW

Key Audiences of this market:
Product Manufacturers of Industrial Automation Controls; Technology providers for Automation Solutions and Research Organizations.

Related Report You May Be Interested:

USA Factory Automation Market (2014-2020) - By Electrical Components (Inverters, Touch Panel, PLC, Relay, etc.); and By End User Industry (Automobile, Packaging, Chemical, Oil and Gas, etc.)
http://industryarc.com/Report/199/USA-Factory-Automation-Market-Electric-Components-Analysis.html

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