USA Factory Automation Market (2014-2020) - By Electrical Components (Inverters, Touch Panel, PLC, Relay, etc.); and By End User Industry (Automobile, Packaging, Chemical, Oil and Gas, etc.)
DUBLIN, Feb .03, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/bwkbsr/usa_factory) has announced the addition of the "USA Factory Automation Market (2014-2020) - By Electrical Components (Inverters, Touch Panel, PLC, Relay, etc.); and By End User Industry (Automobile, Packaging, Chemical, Oil and Gas, etc.)" report to their offering.
Automated factories are flexible, highly configurable, and are equipped with different electrical products like Inverters, relays, PLCs, Fuse, Connectors, displays, cable glands, storage devices and others. The report contains the most detailed and in-depth segmentation of the top 75 electrical components in the USA factory Automation market. Each of these products is further analyzed by the top companies' market share, key distributors, and end user industry potential. With the growing automation, the number of labourers is decreased, and hence impact of reduced labour costs, which is driving the factory automation.
The market has also been analysed by different industrial segments like automotive, chemical, Oil and Gas, Pharmaceutical,Food and Beverage, Paper and Pulp, Packaging etc. Key potential markets for this industry are automobile and packaging. Strong automotive CAPEX in the U.S. is driving growth in the market with respect to robotics. The U.S. is the leader in design and manufacturing because of its widely available computer networks and quick adoption to new technologies.
North America set a new record in industry robotics sales/orders from 2012 to the first half of 2013. As per the Robotic Industries Association, 230,000 robots are now in use in the U.S. factories as of 2013. Along with the above, there are other driving factors discussed in brief in the report. Restraints and challenges of the U.S. factory automation market are highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments.
Executive Summary:
1. The factory or discrete automation market had a market size of around $75bn in 2012 and US accounts for $14bn.
2. Factory automation will grow on key growth factors like mass customization, supply chain synchronization, integration of systems, functional costs and total system cost.
3. Increasing factory automation has led to a significant surge in the industrial semiconductors market making U.S. the top country in the market.
4. The U.S. and the Chinese markets are the top two regions in the factory automation market; driving the market at more than 9%.
5. Oil and Gas, a key market for process automation, is increasing because of low natural gas prices in the U.S, which indirectly contributes to the demand for high end electrical products in the factories establishment.
6. Stricter food safety regulations will lead to a growth in the process automation spend in the U.S.
7. Integro Technologies will partner with Yamaha Robotics to develop innovative products for the machine vision industry.
8. Lastar (including Quiktron and C2G) was acquired by Legrand Data Communications (LDC) Division in 2014, Middle Atlantic and Electrorack were also acquired in the past. Consolidation and polarization of market in the hands in some big distributors are the two main market factors in this industry.
9. In 2014, Siemens filed 4,300 patents and the company plans to boost investments in R&D by around 400 million.
Key Topics Covered:
1. USA Factory Automation Industry - Market Overview
2. Executive Summary
3. USA Factory Automation Industry - Market Landscape
4. USA Factory Automation Industry - Market Forces
5. USA Factory Automation Market - Strategic Analysis
6. USA Factory Automation Market by Electrical Components (Definition, End User Analysis, Market Size Analysis, Competitive Landscape, Distributor Snapshot)
7. USA Factory Automation Market - End User Industry
8. Market Entropy
9. Investment Opportunities - Analysis by Target companies/customers, Capital Investments, ROI, Payback Period and Source of Funds.
10. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
11. Appendix
Companies Mentioned:
- ABB Ltd
- Agilent Technologies
- Baldor Electric Company
- Beckhoff Automation
- Cisco Systems
- Danaher Corp
- Eaton Corporation
- Emerson Electric
- General Cables Corp
- General Electric
- Honeywell International
- KB Electronics Inc.
- Kontron Inc
- Legrand Holding Inc
- Mitsubishi Electric Corp
- Omron Corp
- Pepperl+Fuchs
- Plantronics
- Rockwell Automation
- SICK AG
- Schneider Electric
- Siemens AG
- Yokogawa Electric Corp
For more information visit http://www.researchandmarkets.com/research/bwkbsr/usa_factory
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
Share this article