Industrial Automation Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2025

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The Industrial Automation market analysis report contributes a unique combination of market insights and qualitative analysis which later helps companies to achieve remarkable growth. As an advancement this report is generated by our Industrial Automation market research professionals using latest research tools, technics and methodology.

The surging investments in the automotive sector have boosted the utilization of robots during the process of car production. Moreover, the rising demand for electronic products in the countries is boosting the requirement to automate production, thereby surging the demand for industrial robots. The robot supply to the food & beverage industry is gradually growing as it helps to prevent food contamination. In 2017, the number of robot orders surged by 19% in the food & beverage market thereby positively impacting the Global Industrial Automation market.

Moreover, the collaboration of the Internet of Things with automation is anticipated to have a strong impact on the growth of the Global Industrial Automation market. The introduction of IoT would enable the devices to communicate, exchange data and would assist the operators to monitor and optimize processes in hazardous areas.

The report provides insights on the following sections:

  • Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the Global Industrial Automation Market.
  • Product Development and Innovation: Provides intelligent insights on future technologies, R & D activities, and new product developments in the Global Industrial Automation Market.
  • Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Industrial Automation Market.
  • Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Industrial Automation Market.
  • Competitive Assessment and Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Industrial Automation Market.

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According to the research report titled 'Global Industrial Automation Market Analysis, 2020', the Industrial Automation market is projected to register a CAGR of around 7% during 2020-25. The process automation segment acquired the highest market share in The Global Industrial Automation market in 2019. The maximum share is attributed to the growth in the oil & gas, power generation, chemicals & petrochemicals, water & wastewater treatment sectors.

The key players with a considerable market share in the Global Industrial Automation market include Siemens AG, ABB, Emerson Electric Co., Schneider Electric, Rockwell Automation, Inc., Honeywell International Inc., etc. The companies are increasingly collaborating with other firms to integrate different technologies and gain a competitive edge in the market. In 2019, Siemens and ExOne collaborated to integrate Siemens control, sensing, and motion technologies with the industrial 3D printer. In 2019, ABB and Aruba, a Hewlett Packard Enterprise (HPE) company have planned to collaborate by assimilating ABB Ability' Smart Sensor technology with Aruba Wi-Fi and Bluetooth-enabled access points. Therefore, these types of collaborations between the companies are projected to expand the application of industrial automation.

Key Questions Answered in the Market Research Report
1. What are the key market statistics (Market Overview, Market Size, Forecast, CAGR, Market Segmentation, Market Shares) of Global Industrial Automation Market?
2. What are the key market or technology trends in Global Industrial Automation Market?
3. What are the significant innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Global Industrial Automation Market?
4. Who are the key competitors or market players and how they perform in global competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Industrial Automation Market study?

Frequently Asked Questions

Q. What would be the growth rate or CAGR of Global Industrial Automation Market during 2020-25?

A. The market size of Global Industrial Automation Market during 2020-25 is forecast to be around 7%.

Q. Which region would grab the highest market share during 2020-25?

A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.

Q. Who are the key competitors or players operating in Global Industrial Automation Market?

A. Siemens AG, ABB, Emerson Electric Co., Schneider Electric, Rockwell Automation, Inc., Honeywell International Inc. are few of the leading players in the Global Industrial Automation Market.

Q. Does the report scope cover Global Industrial Automation type and region wise market statistics also?

A. Yes, the scope of the report encompass detailed Global Industrial Automation type and region wise statistics such as market size, market segmentation based on various subcategories.

Q. Which application segment would emerge as an opportunity area for players in Industrial Automation Market?

A. The automation segment grabbed the largest segments will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Industrial Automation Market.

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