Global Factory Automation and Machine Vision Market Analysis, Application & Forecast to 2022-2028

Factory automation or industrial automation is the use of computer aided devices for running various processes of factories.

The global factory automation market report by Market Research Future (MRFR) takes a look at various drivers and hurdles to be faced by leaders during the period of 2016 to 2022 (forecast period).

The sudden outbreak of the COVID-19 virus and the resulting shutdown of activities for curbing its spread have been noted in the report and its impact analyzed with respect to growth and revenue.Market ScopeThe global factory automation market is expected to grow to USD 240 billion by 2022 at 8% of CAGR over the forecast period.

Benefits of deployment of robots at manufacturing sites for reducing workplace injuries and enhancing production can bode well for the market.Rise in developments of industrial automation, computer aided systems, and engineering technologies are expected to drive market demand exponentially.

Government initiatives encouraging automation and rapid rate of industrialization are likely to drive the demand for programmable logic controllers (PLCs) for communicating with major processes.Competitive OutlookOmron Corporation, ABB Ltd, Yokogawa Electric Corporation, Rockwell Automation, Emerson Electric Corporation, Mitsubishi Electric Corporation, Rexroth Bosch Group, Schneider Electric, Honeywell International Inc., and Siemens AG are key players of the global factory automation market.Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/3565SegmentationBy type, it is segmented into integrated automation, programmable automation, flexible automation, and fixed automation.

The fixed automation segment is expected to reach a value of USD 120 billion by 2022.By technology, it is segmented into human machine interface (HMI), programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition (SCADA), and programmable automation controller (PAC).

Programmable controllers, PACs, industrial robots, process control system, PLM software and discrete sensors are some of the popular products deployed by industrialist to automate their manufacturing and production process.

Industrial robots have the ability of producing high quality products with precision and can generate high return on investment for the investors and also bring safety on the workplace.The Factory Automation Market is growing rapidly over 8.59% of CAGR and is expected to reach at USD 240 billion by the end of forecast period 2022.

Cost reduction, high efficiency in the process and ability to provide the overall information and initiate early stage development for the products are the major driving factors of this market.Taste the market data and market information presented through more than 30 market data tables and figures spread over 90 numbers of pages of the project report.

Avail the in-depth table of content TOC & market synopsis on “The Factory Automation Market Research Report -Forecast to 2022”.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/3565Factory Automation Market SegmentationThe Factory Automation Market has been segmented on the basis of type, technology, and end user.

By end-user, the market is sub-segmented into manufacturing, automotive, packaging & processing, energy & power, semiconductor & electronics, printing & converting and others.The prominent players in the Factory Automation market are- Siemens AG, ABB Ltd, Emerson Electric Corporation, Rockwell Automation, Honeywell International Inc., Schneider Electric, Rexroth Bosch Group, Mitsubishi Electric Corporation, Yokogawa Electric Corporation, and Omron Corporation.Browse Full Report Details @ https://www.marketresearchfuture.com/reports/factory-automation-market-3565About UsMarket Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals.

Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective.

Further, this report also highlights smart strategy adopted by major players and also their market share.

Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Machine Vision System Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/machine-vision-system-market/download-sampleMarket DynamicsThe increased advocacy of image-based automatic inspection, sorting, and robot guidance across various industries like automotive, consumer goods manufacturing, agriculture, and defense will be the trending factor in boosting this market's growth.

The growing importance of regulatory compliance in industries like food or pharmaceuticals will benefit this market.

Faster and consistent results generated using these systems will reduce product recalls and help maintain manufacturers' reputation.

This market's various challenges are higher costs involved in system deployment and periodic calibration for efficient implementation.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.

Factory Automation Sensor Market ReportA new market study, titled “Factory Automation Sensor Market Report ” has been featured on Market Research Future.rrent rating, application, and region.According to Market Research Future, the global factory automation sensor market has been segmented based on type, sensor type, applications, and region.The factory automation sensors are used to gather information associated with the overall performance of the systems within the factory premises.

These sensors allow the operators to make suitable changes within the machine or systems before their breakdown point, thereby reducing downtime.

In January 2019, Rockwell Automation launched Allen-Bradley 42AF RightSight M30 photoelectric sensor.

These sensors are being developed with IO-Link capability, which are being implemented in enterprises by delivering the data directly into the control systems.More Information@ https://www.marketresearchfuture.com/reports/factory-automation-sensor-market-8661The global factory automation sensor market has been segmented based on sensor type, application, and region.Based on sensor type, the market has been segmented into temperature sensors, proximity sensors, vibration sensors, pressure sensors, humidity sensors, vision sensors, and others.

The temperature sensor accounted to have the largest market share in the sensor type segment as these sensors allow the operator to measure the temperature of various machines and systems so as to maintain the functionality of the machines within the facility.

The temperature sensors alert the operator when there is a change in the temperature according to the standards, which results in reduced downtime and improved machine conditions.