DUBLIN--(BUSINESS WIRE)--The "Food Automation - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Food Automation market worldwide is projected to grow by US$5.1 Billion, driven by a compounded growth of 6.6%.
Motors & Generators, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$6.5 Billion by the year 2025, Motors & Generators will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 7.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$236 Million to the region's size and clout in the next 5 to 6 years. Over US$238.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Motors & Generators will reach a market size of US$544 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.3% over the next couple of years and add approximately US$882.3 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- ABB Ltd.
- Emerson Electric Company
- Fortive Corporation
- GEA Group AG
- Mitsubishi Electric Corporation
- Rexnord Corporation
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
- Yaskawa Electric Corporation
- Yokogawa Electric Corporation
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Food Automation Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- The Growing Need for Automation in the Food Industry
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Food Companies Prioritize Automation at Plants to Stay competitive
- Preventive Maintenance Drives Adoption of IIoT
- Use of Artificial Intelligence on Rise in Food and Beverage Industry
- Companies Focus on Automation of Process Control for Largely Manual Processes
- Flexibility Recognized as an Important Requirement in Food Automation
- Machine Innovations in Food Manufacturing
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Food Automation Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
- Rise in Adoption of Automation in Food Industry
- Market Analytics
EUROPE
- Market Facts & Figures
- European Food Automation Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Automation Picks up Pace
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/cru7l6
