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Factory Automation Market Size to Reach USD 368,372.4 Million by 2025 - Valuates ReportsBANGALORE, India, June 25, 2020 /PRNewswire/ -- Factory automation standardizes industrial processes and ensures consistent, superior-quality results. Furthermore, due to its features such as reduced human interference, increased efficiency, and lower labor costs, it fulfills the need for mass production in manufacturing, resulting in minimum overall operating costs. The global factory automation market size is expected to reach USD 368,372.4 Million in 2025, from USD 190,882.2 Million in 2017, growing at a CAGR of 8.8% from 2018 to 2025. The manufacturers use different factory operated control systems to automate and optimize industrial processes such as metalworking, molding, manufacturing of additives, and painting works. Supervisory control and data acquisition (SCADA) systems, distributed control systems (DCS), and programmable logic controllers (PLC) are some of the primary controls used by industries. Get Detailed Analysis of COVID-19 Impact on factory automation market: https://reports.valuates.com/request/sample/ALLI-Auto-4K264/Factory_Automation_Market TRENDS INFLUENCING THE FACTORY AUTOMATION MARKET
View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-4K264/factory-automation FACTORS AFFECTING THE FACTORY AUTOMATION MARKET SIZE Factory automation growth is hindered by high investment, limited availability of skilled workers, and inadequate awareness about security. FACTORY AUTOMATION MARKET SHARE ANALYSIS
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Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Auto-4K264&lic=single-user Buy Now for Enterprise License: https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Auto-4K264&lic=enterprise-user SIMILAR REPORTS : ? Human Machine Interface (HMI) Market Report The Human Machine Interface market size is valued at 3660 million USD in 2018 is expected to reach 6570 million USD by the end of 2025, growing at a CAGR of 7.6% during 2019-2025. Factors that drive the growth of Human Machine Interface market size include the surging adoption of industrial automation in the manufacturing sector, the evolution of industrial internet of things (IIoT), growing demand for smart automation solutions, and rising need for efficiency and monitoring in manufacturing plants. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-37V2115/global-human-machine-interface ? Supervisory Control and Data Acquisition (SCADA) Market Report The global Supervisory Control and Data Acquisition market size is projected to reach USD 44.75 Billion by 2026, from USD 32.94 Billion in 2020, at a CAGR of 5.24% during 2020-2026. SCADA is a system of software and hardware elements that allows industrial organizations to monitor, gather, and real-time process data, and to control industrial processes locally or at remote locations. The growth of the SCADA market is propelled by factors such as high demand for industrial mobility solutions to efficiently manage process industries, increased adoption of Industry 4.0 in process industries, and increased use of software platforms such as IoT and edge computing. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-8E3010/covid-19-impact-on-global-supervisory-control-and-data-acquisition-scada ? Industrial Controls and Factory Automation Market Report The global Industrial Controls and Factory Automation market is valued at 128000 Million USD in 2020 is expected to reach 210250 Million USD by the end of 2026, growing at a CAGR of 7.3% during 2021-2026. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-0O1583/global-industrial-controls-and-factory-automation ? Industrial Robotics Market Report The Global Industrial Robotics Market size was valued at USD 37,875 Million in 2016 and is projected to reach USD 70,715 Million by 2023, growing at a CAGR of 9.4% from 2017 to 2023. The Global Industrial Robotics Market is driven mainly by an increase in labor prices, which in turn has forced manufacturers to substitute human labor with machinery. Asia and Europe are the key growth regions. Some of the leading players are based in the regions, including ABB, Fanuc, KUKA, Kawasaki, and the Yaskawa Electric Corporation. View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-3U240/industrial-robotics ? Smart Factory Market Report North America held the largest Smart Factory Market, with a market share of 29.09% in 2012 and 26.56% in 2017, with an increase of 2.53%. Europe and China ranked second and third markets with a market share of 26.50% and 18.92% in 2016. In 2019, the global Smart Factory market size was USD 51510 million. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-2G402/global-smart-factory ? Manufacturing Execution Systems (MES) Market Report Manufacturing Execution Systems deliver information enabling the optimization of production activities from order launch to finished goods. The concept of MES is widely recognized and used in manufacturing sectors such as automotive, semiconductor, electronics, food processing, pharmaceuticals, aerospace, medical devices, textiles. Elements such as scheduling, maintenance management, quality, and time and attendance fall within the scope of MES and are used in all industries. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-55/global-manufacturing-execution-systems-ems ? Programmable Logic Controller (PLC) Market Report In 2019, the global Programmable Logic Controller (PLC) market size was USD 12410 Million Increased adoption of automation systems is driving the PLC market size. A major growth indicator for PLCs in the discrete-manufacturing sectors is the amplified deployment of robots for automation across automotive manufacturing, electrical, and electronics industries. Europe was the largest consumption market with a market share of 38% in 2014 and 37% in 2018, with a decrease of 2%. Asia-Pacific and North America ranked the second and third markets with a market share of 35% and 20% in 2018. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-14P289/global-programmable-logic-controller-plc ? Distributed Control System (DCS) Market Report In 2019, the global Distributed Control System (DCS) market size was USD 7099 Million The main concept of DCS application is derived by the idea of decentralizing the control unit and establishing a common network between the engineering stations. In addition, integrating DCS with process plants enables it to control, report, and monitor the components individually, while providing flexibility and simplicity to the plant operation. This study comprises an analytical depiction of the global DCS market forecast, with current trends and future estimations to depict the imminent investment pockets. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-38T73/global-distributed-control-system-dcs ? Safety Instrumented Systems Market Report View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3C264/safety-instrumented-systems ? Factory Automation Platform as a Service Market Report View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3U265/factory-automation-platform-as-a-service ? Discrete Industrial Control and Factory Automation Market Report View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-10N2408/global-discrete-industrial-control-and-factory-automation ABOUT US: Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs. To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources. CONTACT US:
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