Market Overview:
The global factory automation and machine vision market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation in factories and the rising adoption of machine vision technology across various industries. The factory automation and machine vision market can be segmented on the basis of type into information technology system, distributed control systems (DCS), supervisory control and data acquisition (SCADA), enterprise resource planning (ERP), programmable logic control (PLC), and manufacturing execution system (MES). The automotive industry is expected to account for the largest share of the global factory automation and machine vision market in 2018. This is due to the increasing demand for automated vehicles across different regions. Additionally, power, pharmaceuticals, food processing, and other industries are also expected to contribute significantly to this market during the forecast period.
Product Definition:
Factory automation refers to the use of various control systems and technology to improve and optimize production in a factory setting. This includes the use of robots, sensors, controllers, and other automated systems to manage and monitor production processes. Factory automation can increase efficiency, reduce costs, improve quality control, and enable new production strategies.
Machine vision is a type of factory automation that uses cameras and other sensors to interpret images from manufacturing processes.
Information Technology System:
IT System is a tool that helps to manage and store data in computer for future references. Information technology system has been witnessing significant growth over the past few years owing to its increasing applications across various industry verticals such as manufacturing, healthcare, BFSI, retail and consumer goods among others.
Distributed Control Systems (DCS):
DCS is a control system that enables the coordination of multiple processes or machines in a distributed manner. It provides features such as process diagnosis, monitoring and control, and data acquisition for manufacturing systems. DCS has gained popularity in recent years due to its ability to reduce human errors during complex industrial operations.
Application Insights:
The automotive application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electric vehicles as manufacturing of such vehicles requires high-tech automated systems, which are integrated with machine vision technologies. Furthermore, rising demand for driverless cars is expected to drive industry growth over the coming years.
The pharmaceuticals segment accounted for USD 1,000K worth enterprise in 2017 and is estimated to grow at a significant rate during the forecast period owing to increasing adoption of these solutions across major pharma companies globally including Pfizer Inc., Johnson & Johnson, Merck KGaA). The food processing sector accounted for USD 2 Million in 2016 and was valued at around USD 3 Million by 2018 growing at a CAGR of XX%.
Regional Analysis:
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to the increasing adoption of factory automation and machine vision systems in various end-use industries. The growing industrialization, rising labor costs, and improving infrastructure are some of the major factors driving regional market growth.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high demand from end-use industries such as automotive, food processing & packaging, pharmaceuticals among others. China led all other countries with respect to DCS installation projects on account of low system cost coupled with easy availability of cheap skilled workforce. Moreover, government initiatives encouraging domestic manufacturing activities will boost industry development over the next eight years.
Growth Factors:
- Increasing demand for automation in manufacturing sector to improve efficiency and productivity
- Rising labor costs and the need to reduce manufacturing lead time are driving the demand for factory automation
- Growing awareness about benefits of machine vision technology is fueling its adoption in various industries
- Rapid technological advancements and innovations in machine vision technology
- Increasing number of industrial robots coupled with growing demand for automated inspection and quality control
Scope Of The Report
Report Attributes
Report Details
Report Title
Factory Automation and Machine Vision Market Research Report
By Type
Information Technology System, Distributed Control Systems (DCS), Supervisory Control and Data Acquisition (SCADA), Enterprise Resource Planning (ERP), Programmable Logic Control (PLC), Manufacturing Execution System (MES)
By Application
Automotive, Power, Pharmaceuticals, Food processing, Others
By Companies
Johnson Controls Inc, Siemens Ag, Emerson Electric Company, ABB LTD, Rockwell Automation Inc, Honeywell International Inc, Eastman Kodak, General Electric Company, Yokogawa Electric Corporation, Teledyne Dalsa Inc, Texas Instruments Inc, Schneider Electric SA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Factory Automation and Machine Vision Market Report Segments:
The global Factory Automation and Machine Vision market is segmented on the basis of:
Types
Information Technology System, Distributed Control Systems (DCS), Supervisory Control and Data Acquisition (SCADA), Enterprise Resource Planning (ERP), Programmable Logic Control (PLC), Manufacturing Execution System (MES)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Power, Pharmaceuticals, Food processing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson Controls Inc
- Siemens Ag
- Emerson Electric Company
- ABB LTD
- Rockwell Automation Inc
- Honeywell International Inc
- Eastman Kodak
- General Electric Company
- Yokogawa Electric Corporation
- Teledyne Dalsa Inc
- Texas Instruments Inc
- Schneider Electric SA
Highlights of The Factory Automation and Machine Vision Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Information Technology System
- Distributed Control Systems (DCS)
- Supervisory Control and Data Acquisition (SCADA)
- Enterprise Resource Planning (ERP)
- Programmable Logic Control (PLC)
- Manufacturing Execution System (MES)
- By Application:
- Automotive
- Power
- Pharmaceuticals
- Food processing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Factory Automation and Machine Vision Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Factory automation and machine vision are technologies that help factories automate tasks and improve efficiency. Machine vision technology can be used to identify objects in a scene, and then carry out actions based on those objects. For example, machine vision could be used to automatically move parts around a factory assembly line. Factory automation technologies can help manage the flow of products through the factory, tracking inventory levels and routing orders to the correct machines.
Some of the major players in the factory automation and machine vision market are Johnson Controls Inc, Siemens Ag, Emerson Electric Company, ABB LTD, Rockwell Automation Inc, Honeywell International Inc, Eastman Kodak, General Electric Company, Yokogawa Electric Corporation, Teledyne Dalsa Inc, Texas Instruments Inc, Schneider Electric SA.
The factory automation and machine vision market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Factory Automation and Machine Vision Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Factory Automation and Machine Vision Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Factory Automation and Machine Vision Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Factory Automation and Machine Vision Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Factory Automation and Machine Vision Market Size & Forecast, 2020-2028
4.5.1 Factory Automation and Machine Vision Market Size and Y-o-Y Growth
4.5.2 Factory Automation and Machine Vision Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Information Technology System
5.2.2 Distributed Control Systems (DCS)
5.2.3 Supervisory Control and Data Acquisition (SCADA)
5.2.4 Enterprise Resource Planning (ERP)
5.2.5 Programmable Logic Control (PLC)
5.2.6 Manufacturing Execution System (MES)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Power
6.2.3 Pharmaceuticals
6.2.4 Food processing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Factory Automation and Machine Vision Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Factory Automation and Machine Vision Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Information Technology System
9.6.2 Distributed Control Systems (DCS)
9.6.3 Supervisory Control and Data Acquisition (SCADA)
9.6.4 Enterprise Resource Planning (ERP)
9.6.5 Programmable Logic Control (PLC)
9.6.6 Manufacturing Execution System (MES)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Power
9.10.3 Pharmaceuticals
9.10.4 Food processing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Information Technology System
10.6.2 Distributed Control Systems (DCS)
10.6.3 Supervisory Control and Data Acquisition (SCADA)
10.6.4 Enterprise Resource Planning (ERP)
10.6.5 Programmable Logic Control (PLC)
10.6.6 Manufacturing Execution System (MES)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Power
10.10.3 Pharmaceuticals
10.10.4 Food processing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Information Technology System
11.6.2 Distributed Control Systems (DCS)
11.6.3 Supervisory Control and Data Acquisition (SCADA)
11.6.4 Enterprise Resource Planning (ERP)
11.6.5 Programmable Logic Control (PLC)
11.6.6 Manufacturing Execution System (MES)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Power
11.10.3 Pharmaceuticals
11.10.4 Food processing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Information Technology System
12.6.2 Distributed Control Systems (DCS)
12.6.3 Supervisory Control and Data Acquisition (SCADA)
12.6.4 Enterprise Resource Planning (ERP)
12.6.5 Programmable Logic Control (PLC)
12.6.6 Manufacturing Execution System (MES)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Power
12.10.3 Pharmaceuticals
12.10.4 Food processing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Information Technology System
13.6.2 Distributed Control Systems (DCS)
13.6.3 Supervisory Control and Data Acquisition (SCADA)
13.6.4 Enterprise Resource Planning (ERP)
13.6.5 Programmable Logic Control (PLC)
13.6.6 Manufacturing Execution System (MES)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Power
13.10.3 Pharmaceuticals
13.10.4 Food processing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Factory Automation and Machine Vision Market: Competitive Dashboard
14.2 Global Factory Automation and Machine Vision Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Controls Inc
14.3.2 Siemens Ag
14.3.3 Emerson Electric Company
14.3.4 ABB LTD
14.3.5 Rockwell Automation Inc
14.3.6 Honeywell International Inc
14.3.7 Eastman Kodak
14.3.8 General Electric Company
14.3.9 Yokogawa Electric Corporation
14.3.10 Teledyne Dalsa Inc
14.3.11 Texas Instruments Inc
14.3.12 Schneider Electric SA
