Automation Market

Automation Market is anticipated to grow at a higher CAGR rate during the forecast period due to the increasing demand of product and services with improved reliability and quality assurances.

Introduction of Global Automation Market Report

Automation is defined as the basic principal of reducing human interference for the production of the concerned products or services. Automation has entirely changed the production capability of the organisation with application of the automated tool and their optimum strategy build up to gain the maximum output.

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Key Automation Market Drivers

The global automation market being integrated with the latest technologies so that the best possible solution can be opted and implement to achieve the demand and supply ratio. The growth driving factors includes the higher demand of product and services with improved reliability and quality assurances. Moreover, the integration of the latest technological in terms of minimum human interface with the stable and consistent production capability to meet the higher demand pattern acts as one of the major growth driven factor for the automation market around the globe. The higher initial investment along with the requirement of the skilled persons for continuous monitoring and maintenance purpose will act as a major restraining factor.

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Top Market Players

Various notable players operating in the market, ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, and Emerson Electric Company, Honeywell, WIKA, Azbil, Fuji Electric, 3D Systems, HP, FANUC, STRATASYS, Progea, Hitachi, Vega, Danfoss

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Segments covered in the Report:

The Global Automation Market has been segmented on the basis of Type, End Use and key regions. Based on the type, the market is segmented into Fixed Automation, Flexible Automation and Programmable Automation. Based on the component, the market is segmented into Hardware and Software.

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Market Segmentation

Global Automation Market by Type

• • Fixed Automation
  • Flexible Automation
  • Programmable Automation

Global Automation Market by Components

• • Hardware
  • Software

Global Automation Market by End Use

• • Automotive
  • Aerospace & Defence
  • Electrical & Electronics
  • Mining & Metals
  • Food & Beverages
  • Electric Power generation
  • Others

By Geography

• North America
As a part of customization
o By Type
o Component
o By End Use
o US
o Canada
o Mexico

• Europe
As a part of customization
o By Type
o By Component
o By End use
o UK
o Germany
o Spain
o Rest of Europe

• Asia-Pacific
As a part of customization
o By Type
o By Component
o By End Use
o China
o Australia
o India
o Rest of APAC

• ROW
As a part of customization
o By Type
o By Component
o By End Use
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of the LAMEA region)

Leading market players

• ABB Ltd
• Mitsubishi Electric Factory Automation
• Siemens
• Emerson Electric Company
• Honeywell
• WIKA
• Azbil
• HP
• FANUC
• Hitachi