The large scale Industrial Automation Market report puts light on the best market opportunities and resourceful information with which business can attain great success. To represent statistical and numerical data, various graphs, and tables have been employed in the report which simplifies the understanding of facts and figures. Deliberately analyzed facts and figures of the Food Safety Testing industry and powerful business insights mentioned in this industry analysis report are the key aspects to achieve a long-term business growth. Besides, Industrial Automation Market research report deeply analyzes the potential of the market with respect to current state of affairs and the future prospects by considering all aspects of Food Safety Testing industry.
Data Bridge Market Research analyses that the industrial automation market was valued at USD 175.76 billion in 2022 and is expected to reach USD 399.24 billion by 2030, registering a CAGR of 10.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Overview
Industrial automation is the usage of technologies such as robotics and computer software to control processes and machinery which substitute human beings in performing specific functions. These functions are mainly cantered on manufacturing, material handling and quality control processes. Industrial automation is the processes and control of machinery which used in numerous industries by autonomous systems. Industries usage automation to reduce costs and surge productivity related to their benefits and other associated expenses, while growing flexibility and precision.Food testing and analysis are essential to food safety to ensure food is safe to consume. This includes nourishing the network of food testing laboratories, assuring the quality of food testing, investing in human resources and carrying out surveillance activities and educating consumers.
Some of the major players operating in the industrial automation market are:
Schneider Electric (France)
Emerson Electric Co. (U.S.)
Rockwell Automation, Inc. (U.S.)
Endress+Hauser Group Services AG (Switzerland)
Honeywell International Inc. (U.S.)
ABB (U.S.)
YASKAWA ELECTRIC CORPORATION. (Japan)
Siemens (Germany)
General Electric (U.S.)
Dwyer Instruments Ltd (U.S.)
Mitsubishi Electric Corporation (Japan)
OMRON Corporation (Japan)
Hitachi, Ltd (Japan)
Stratasys (Israel)
WIKA Instruments India Pvt. Ltd. (India)
FANUC Corporation (Japan)
Yokogawa India Ltd (Japan)
Azbil Corporation (Japan)
PARKER HANNIFIN CORP (U.S.)
Sensirion AG (Switzerland)
Recent Development
In 2021, Accenture plc completed its acquisition with Pollux, an industrial automation solution provider. This acquisition goals to leverage Pollux’s expertise and experience in robotics and automation solutions.
In 2021, ABB launched its cobot range in the SWIFT and GoFa automation robot families. With faster robot mobility and augmented payload capacity, these automation robots will complement Single Arm YuMi and YuMi in ABB's cobot portfolio.
Table of Contents:
• Introduction
• Market Segmentation
• Executive Summary
• Premium Insights
• Global Industrial Automation Market: Regulations
• Market Overview
• Global Industrial Automation Market, By Type
• Global Industrial Automation Market, By Application
• Global Industrial Automation Market, By Region
• Global Industrial Automation Market: Company Landscape
• SWOT Analyses
• Company Profile
• Questionnaires
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