New York, NY -- (SBWIRE) -- 09/03/2020 -- The global research report titled 'Global Food Automation Market' recently published by Reports and Data is formulated with an aim to provide valuable insights and guidance to the businesses and new entrants. The report focuses on the major leaders of the global Food Automation market along with company profiles, product portfolios, manufacturing and production capacity, financial standings, and global position in the market.

The global Food Automation market valued at USD 9.08 Billion in 2018 and is expected to reach USD 15.78 Billion by the year 2026, at a CAGR of 7.1%.

The report on the Global Food Automation Market analyzes the impact of the COIVD-19 pandemic on the Food Automation industry. Since its outbreak, the virus-induced illness has spread across the world, compelling the WHO to declare it as a public health emergency. Moreover, COVID-19 has impacted the market by disrupting the supply chains, production, and demand, and brought about a financial slowdown and uncertainty on the markets. The pandemic is anticipated to affect the Food Automation industry, and the report gives a rundown of the present and future impact analysis of the pandemic on the market.

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The report on the Global Food Automation Market is an investigative study that focuses on the important business aspects such as recent developments, technology advancements, and various products and processes developments. The report is formulated via a thorough primary and secondary research with data insights from industry experts and professionals.

The report further studies the major competitors of the Food Automation market in the industry to provide a comprehensive overview of the competitive landscape. Key factors such as productivity, manufacturing and production capacity, demand and supply ratio, among others, are also discussed in the report. The key companies profiled in the report are Rockwell Automation, Siemens AG, ABB Ltd, Mitsubishi Electric Corporation, Schneider Electric, Yokogawa Electric Corporation, GEA Group, Fortive Corporation, Emerson Electric, and Nord Drivesystems.

Moreover, the report also analyses the key business initiatives undertaken by companies such as mergers and acquisitions, joint ventures, collaborations, and partnerships, among others.

To gain a better understanding of the competitive landscape, the report further analyses the companies operating in the key regions. The regional analysis includes examinations of the major geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report covers import/export ratio, supply and demand trends and patterns, production and consumption ratio, revenue generation, gross profit and margin, and other vital factors.

Type (Revenue, USD Million; 2016–2026)

Motors & Generators
Motor controls
Discrete controllers & visualization
Rotary products
Linear products
Others

Function Type (Revenue, USD Million; 2016–2026)

Processing
Packaging & Repackaging
Palletizing
Sorting & Grading
Picking & Placing
Others

Application (Revenue, USD Million; 2016–2026)

Dairy
Bakery
Confectionery
Fruit & vegetable
Meat, poultry, and seafood
Beverages

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Objectives of the Report:

Study of the global Food Automation market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Food Automation market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive analysis
Analysis of Food Automation market based on growth trends, outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Food Automation market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

In addition to the key segments, the report also offers information about different aspects that can assist in the progress of the industry. The report covers applicable sales strategies, research and development advancements, online and offline trends, latest product launches and brand promotions, and strategic business expansions. Statistical information about the market is categorized and organized into tables, charts, figures, diagrams, and other graphical presentations.

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