Global Automation Market In Automotive Industry 2022-2026 The analyst has been monitoring the automation market in the automotive industry and it is poised to grow by $ 1.95 bn during 2022-2026, accelerating at a CAGR of 3.89% during the forecast period. Our report on the automation market in the automotive industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for enhanced visibility and flexibility in the manufacturing process, rising technological advances in PLC leading to the growth of the PAC market, and integration of MES, PLM, and ERP. The automation market in automotive industry analysis includes technology segment and geographic landscape.
The automation market in automotive industry is segmented as below: By Technology • Industrial sensors • PLC • MES • SCADA • DCS
By Geography • APAC • Europe • North America • South America • Middle East and Africa
This study identifies the emergence of smart manufacturing as one of the prime reasons driving the automation market in automotive industry growth during the next few years. Also, emergence of IWSN and cloud-based MES gaining traction in the automotive industry will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automation market in automotive industry covers the following areas: • Automation market in automotive industry sizing • Automation market in automotive industry forecast • Automation market in automotive industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automation market in automotive industry vendors that include ABB Ltd., Applied Materials Inc., Aurotek Corp., Auto Control Systems, DENSO Corp., Emerson Electric Co., FANUC UK Ltd., Festo SE and Co. KG, General Electric Co., Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yaskawa Electric Corp., and Yokogawa Electric Corp.. Also, the automation market in automotive industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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