MarketResearch.biz delivers in-depth insights in its upcoming report titled, “Global Food Automation Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global food Automation market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global Food automation market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global food automation market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global food automation market is segmented on the basis of type, function, application, and region.
Utilization of various control systems, information systems, and programmed systems to carry out different process and functions is called automation.
Rapid industrialization, coupled with rising demand for process automation is a major factor driving growth of the global food automation market. In addition, increasing deployment of food and packaging industries across the globe is other major factor driving growth of the global food automation market. Stringent food safety regulation by governments on food and beverage products globally, is further boosting demand for automation so as to maintain quality of product and efficiency of the food manufacturing process. Moreover, increasing incidence of food borne illness caused due contaminated packaged food has led to increased demand for safer and secure manufacturing process, which can be achieved by deploying industrial robots. This factors are further fueling growth of the global food automation market.
High deployment and maintenance costs are major factors hampering growth of the global food automation market. In addition, lack of skilled work professionals is another factor restricting growth of the global food automation market. However, technological advancements and increasing adoption of connected devices and related technology can create lucrative business opportunities for major vendors in the global food automation market over the forecast period.
The market in Asia Pacific is expected to witness significant growth and is projected to register a CAGR of X.X% in the global food automation market during the forecast period. This growth can be attributed to increasing deployment of food and packaging industry across various countries in this region. The market in Asia Pacific is followed by the market in Europe, and North America respectively in terms of revenue growth.
Global Food Automation Market Segmentation:
Global food automation market segmentation by type:
- Motors & generators
- Motor controls
- Discrete controllers & visualization
- Rotary products
- Linear products
Global food automation market segmentation by function:
- Fruit & vegetable
- Meat, poultry, and seafood
Global food automation market segmentation by application:
- Packaging & Repackaging
- Sorting & Grading
- Picking & Placing
Global food automation market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- ABB Group
- Rockwell Automation Inc.
- Mitsubishi Electric Industries
- Siemens AG
- Yokogawa Electric Corporation
- Schneider Electric SE
- Yaskawa Electric Corporation
- GEA Group
- Emerson Electric Co.
- Rexnord Corporation
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