MarketsandMarkets

Factory Automation Market Poise $185.0 Billion by 2016

[359 Pages Report] Industrial Controls (SCADA, PLC, DCS) & Factory Automation (Field Devices, MES, ERP) Market research report classifies the global market of factory automation on the basis of different products, applications and geographical analysis; forecasting revenue and analysing trends in the market.

 

Dallas, TX -- (SBWIRE) -- 10/03/2013 -- According to a new market research report “Industrial Controls (SCADA, PLC, DCS) & Factory Automation (Field Devices, MES, ERP) Market : Global Forecast & Analysis (2011 – 2016)” published by MarketsandMarkets (http://www.marketsandmarkets.com), the factory automation market is expected to reach $185.0 billion by 2016 at a CAGR of 7.58% from 2011 to 2016.

Browse 68 tables and in-depth TOC on “Industrial Controls (SCADA, PLC, DCS) & Factory Automation (Field Devices, MES, ERP) Market : Global Forecast & Analysis (2011 – 2016)”.

http://www.marketsandmarkets.com/Market-Reports/factory-industrial-automation-sme-smb-market-541.html
Early buyers will receive 10% customization on this report.

The factory automation market is expected to grow from $120.0 billion in 2010 to $185.0 billion in 2016, at a CAGR of 7.58% from 2011 to 2016. The key companies with respect to factory automation include Siemens (Germany), ABB (Switzerland), Emerson Process Management (U.S.), Rockwell Automation (U.S.), Schneider Electric (France), Honeywell (U.S.), Omron (Japan), Yokogawa (Japan), and others.

Asia-Pacific is expected to grow at the highest rate due to increase in production activities in APAC, cheap labor, huge population base, and lucrative government policies. China is the growth engine for automation in Asia in spite of lower levels of plant automation. India too is gaining factory automation market shares worldwide.

The various subsets of automation include robotics, control systems, IT systems, and manufacturing execution systems (MES), all chiefly responsible for reducing human interaction in the process, thus, lowering labor and production costs, and increasing throughput or production output. The other common industry terms for the capabilities, components, and aspects of automation include human machine interface (allowing for system operator and human supervision), distributed control systems (DSC), SCADA, conveyor belts, conveyance systems, and programmable logic controllers (PLC). Robotics, particularly robotic arms, are common features in factory automation due to their precision, reduction in human labor costs, advantages in handling, and reduction of human risks and exposure to production hazards.

Browse Related Reports:
Solid State Lighting Market by Types (LED, OLED, and PLED), Application (General Lighting, Backlighting, Automotive, Medical), Verticals (Industrial, Residential, Consumer Electronics), Materials & Geography - Analysis & Forecast (2013-2018)
http://www.marketsandmarkets.com/Market-Reports/solid-state-lighting-market-1234.html

Global Electromagnetic Compatibility (EMC) Shielding Market (2011-2016)
http://www.marketsandmarkets.com/Market-Reports/electromagnetic-compatibility-emc-shielding-market-512.html

About MarketsandMarkets
MarketsandMarkets is a research and consulting firm that publishes 120 market reports per year. Each strategically analyzed report contains 250 pages of valuable market data, including more than 100 market data summary tables and in-depth, five-level segmentation for each of the products, services, applications, technologies, ingredients and stakeholders categories. Our reports also analyze about 200 patents, over 50 companies and micro markets that are mutually exclusive and collectively exhaustive.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog:http://www.mnmblog.org
Connect with us on LinkedIn:http://www.linkedin.com/company/marketsandmarkets