Asia-Pacific Factory Automation Market Forecast to 2028

Asia-Pacific Factory Automation Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component (Hardware and Software), Hardware (Sensors, Controllers, Robots, Drives, and Others), Type (Programmable Automation, Fixed Automation, and Flexible Automation), Technology (Programmable Logic Controller (PLC), Distributed Control System (DCS), Supervisory Control and Data Acquisition System (SCADA), Human Machine Interface (HMI), and Others), and Industry Vertical (Automotive, Food and Beverage, Oil and Gas, Manufacturing, Mining, and Others)

Report Code : BMIRE00027575 | Region : Asia Pacific | Industry : Electronics and Semiconductor | Published Date : 05/Dec/2022

The factory automation market in APAC is expected to grow from US$ 60,450.80 million in 2022 to US$ 1,03,312.63 million by 2028. It is estimated to grow at a CAGR of 9.3% from 2022 to 2028.

Rising adoption of factory automation across automotive industry

The growing demand for automobiles is subsequently leading to the need for an automation system as it helps manufacturers increase outputs while decreasing the cost and risk of human workers. In the current scenario, collaborative robots, robotic arms, and the Internet of Things coupled with AI are widely adopted in the automotive industry, making the manufacturing process faster and accurate. According to the report by International Federation of Robotics, in 2019, the robot density in the US automotive industry was 1,287 installed units per 10,000 employees, making the country ranked 7th worldwide. Further, KUKA and Universal Robots produce and supply cobots to automotive companies such as Tesla to build cars. Tesla has developed driverless car hardware called Autopilot, which uses AI technology. Companies such as IBM and BMW are combining cognitive computing and IoT to invent autonomous cars, which can communicate while linking driving patterns with the human driver's emotional response in all possible scenarios. In addition, automakers like Ford Motor Co. and BMW AG are working on deployment of the 3D printer technology. Moreover, various other automakers are also utilizing virtual and augmented reality to address manufacturing issues. Thus, the aforementioned advanced automation technologies ease the automotive manufacturing process at nearly every stage of vehicle production, in turn, catalyzing the market expansion.

Market Overview

The Asia Pacific factory automation market is further segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Japan is one of the world’s number one industrial robot manufacturer. The country delivers almost 45% of the global supply of industrial robots. Due to the rising demand of industrial robots, the manufacturers have considerably increased their production capacity, which has led to the increase in the export of industrial robots in Japan. According to the International Federation of Robotics (IFR), the robot export ratio in Japan rose to 78% and around 136,069 industrial robots were shipped in 2020. Thus, the growing export of industrial robots is propelling the factory automation market. In addition, the government of various Asia-Pacific countries is coming up with various plans and initiatives which may further boost the factory automation market. For instance, in December 2021, China unveiled a sharpened version of the Made in China 2025 industrial policy blueprint. Under this, the government has released a five-year smart manufacturing development plan to digitize 70% of the country’s large enterprises. Thus, the country is focusing on building and owning industrial robots and upgrading equipment and processes used in the manufacturing sector. Such initiatives by the government will further boost the factory automation market in the region.

APAC Factory Automation Market Revenue and Forecast to 2028 (US$ Million)

APAC Factory Automation Market Segmentation

The APAC factory automation market is segmented into component, hardware, type, technology, industry vertical and country. Based on component, the market is bifurcated into hardware and software. The hardware segment registered a larger market share in 2022.

Based on hardware, the APAC factory automation market is segmented into sensors, controllers, robots, drives, and other hardware components. The robots segment registered the largest market share in 2022. Based on type, the APAC factory automation market is segmented into programmable automation, fixed automation, and flexible automation. The fixed automation segment registered the largest market share in 2022. Based on technology, the APAC factory automation market is segmented into programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition (SCADA), Human-Machine Interface (HMI), and others. The supervisory control and data acquisition system (SCADA) segment registered the largest market share in 2022. Based on industry vertical, the APAC factory automation market is segmented into automotive, food and beverages, oil and gas, manufacturing, mining, and others. The manufacturing segment registered the largest market share in 2022. Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. China dominated the market share in 2022.

ABB Ltd; Bosch Rexroth AG; Emerson Electric Co.; Fanuc Corporation; General Electric Company; Honeywell International Inc.; Mitsubishi Electric Corporation; OMRON Corporation; Rockwell Automation, Inc.; and Siemens AG are the leading companies operating in the factory automation market in the region.

At 9.3% CAGR, the APAC Factory Automation Market is speculated to be worth US$ 1,03,312.63 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the APAC factory automation market was valued at US$ 60,450.80 million in 2022 and is expected to reach US$ 1,03,312.63 million by 2028, registering a CAGR of 9.3% from 2022 to 2028. Increase in the number of product launches and rising adoption of factory automation across automotive industry are the critical factors attributed to the market expansion.

The continuously growing demand for factory automation has compelled the market players to raise investments in developing new and innovative products and software offerings. A few of the major product developments have taken place in recent years. For instance, in September 2022, Fanuc Corporation announced the launch of new FANUC SCARA robots for food and cleanroom applications. The FANUC SR-3iA/C and SR-6iA/C are fast and precise SCARA robots making them ideal for use in food plants and clean rooms. The robots also consist of white epoxy coating for extra durability and IP54 protection guarding against the ingress of contamination from dust and water spray. Similarly, in August 2022, Rockwell Automation, Inc. announced the enhancement in the compact PowerFlex Drive. The PowerFlex 6000T drive can accept up to 13.8 kV primary voltage, which is nearly twice the input voltage. Its real-time operational intelligence can monitor system performance, save energy with economizer mode, deliver faster commissioning with adaptive control, and reduce downtime and repair costs with predictive maintenance alerts. Such advancements in factory automation solutions, supported by high investments by manufacturers to enhance their product portfolio and innovate products as per customer changing requirements, are expected to contribute to the growth of the factory automation market during the forecast period. In addition, new product launches will help end-user industries such as automotive, food & beverages, oil & gas, and mining improve production time.

On the contrary, high operating cost for small and medium manufacturing companies hurdles the growth of APAC factory automation market.

Based on component, the APAC factory automation market is segmented into hardware and software. The hardware segment held 70.7% market share in 2022, amassing US$ 42,723.65 million. It is projected to garner US$ 70,836.80 million by 2028 to expand at 8.8% CAGR during 2022–2028. Based on hardware, the APAC factory automation market is segmented into sensors, controllers, robots, drives, and other hardware components. The robots segment held 36.9% market share in 2022, amassing US$ 15,785.65 million. It is projected to garner US$ 28,494.84 million by 2028 to expand at 10.3% CAGR during 2022–2028. Based on type, the APAC factory automation market is segmented into programmable automation, fixed automation, and flexible automation. The fixed automation segment held 42.0% market share in 2022, amassing US$ 25,398.08 million. It is projected to garner US$ 40,718.67 million by 2028 to expand at 8.2% CAGR during 2022–2028. Based on technology, the APAC factory automation market is segmented into programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition (SCADA), Human-Machine Interface (HMI), and others. The supervisory control and data acquisition system (SCADA) segment held 28.2% market share in 2022, amassing US$ 17,050.95 million. It is projected to garner US$ 32,102.65 million by 2028 to expand at 11.1% CAGR during 2022–2028. Based on industry vertical, the APAC factory automation market is segmented into automotive, food and beverages, oil and gas, manufacturing, mining, and others. The manufacturing segment held 25.3% market share in 2022, amassing US$ 15,312.17 million. It is projected to garner US$ 26,760.71 million by 2028 to expand at 19.8% CAGR during 2022–2028. Based on country, the APAC factory automation market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. Our regional analysis states that China captured 25.8% market share in 2022. It was assessed at US$ 15,600.28 million in 2022 and is likely to hit US$ 28,049.38 million by 2028, exhibiting a CAGR of 10.3% during the forecast period.

Key players dominating the APAC factory automation market are ABB Ltd; Bosch Rexroth AG; Emerson Electric Co.; Fanuc Corporation; General Electric Company; Honeywell International Inc.; Mitsubishi Electric Corporation; OMRON Corporation; Rockwell Automation, Inc.; and Siemens AG among others.

In 2022, OMRON Corporation RAMP Inc. as a new partner for its Certified System Integrator program. RAMP is an automation solutions provider which designs and builds custom automation and robotic systems. In 2022, Siemens and NVIDIA announced the expansion of an existing partnership. Through this partnership the companies are promoting digital transformation in industrial verticals. They will be exploring opportunities within the industrial metaverse, by connecting Siemens Xcelerator and NVIDIA Omniverse platform.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Factory Automation Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Factory Automation Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Adoption of Factory Automation Across Automotive Industry

5.1.2 Increasing Number of Product Launches

5.2 Market Restraints

5.2.1 High Operating Cost for Small and Medium Manufacturing Companies

5.3 Market Opportunities

5.3.1 Growing Collaborative Partnerships Between Companies

5.4 Future Trends

5.4.1 Automation in Mining Industry

5.5 Impact Analysis of Drivers and Restraints

6. Factory Automation Market – APAC Market Analysis

6.1 APAC Factory Automation Market Overview

6.2 APAC Factory Automation Market Forecast and Analysis

7. APAC Factory Automation Market Analysis – By Component

7.1 Overview

7.2 APAC Factory Automation Market, By Component (2021 and 2028)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

8. APAC Factory Automation Market Analysis – By Hardware

8.1 Overview

8.2 APAC Factory Automation Market, By Hardware (2021 and 2028)

8.3 Sensors

8.3.1 Overview

8.3.2 Sensors: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

8.4 Controllers

8.4.1 Overview

8.4.2 Controllers: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

8.5 Robots

8.5.1 Overview

8.5.2 Robots: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

8.6 Drives

8.6.1 Overview

8.6.2 Drives: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

8.7 Others

8.7.1 Overview

8.7.2 Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

9. APAC Factory Automation Market Analysis – By Type

9.1 Overview

9.2 APAC Factory Automation Market, By Type (2021 and 2028)

9.3 Programmable Automation

9.3.1 Overview

9.3.2 Programmable Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

9.4 Fixed Automation

9.4.1 Overview

9.4.2 Fixed Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

9.5 Flexible Automation

9.5.1 Overview

9.5.2 Flexible Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

10. APAC Factory Automation Market Analysis – By Technology

10.1 Overview

10.2 APAC Factory Automation Market, By Technology (2021 and 2028)

10.3 PLC

10.3.1 Overview

10.3.2 PLC: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

10.4 DCS

10.4.1 Overview

10.4.2 DCS: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

10.5 SCADA

10.5.1 Overview

10.5.2 SCADA: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

10.6 HMI

10.6.1 Overview

10.6.2 HMI: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

10.7 Others

10.7.1 Overview

10.7.2 Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

11. APAC Factory Automation Market Analysis – By Industry Vertical

11.1 Overview

11.2 APAC Factory Automation Market, By Industry Vertical (2021 and 2028)

11.3 Automotive

11.3.1 Overview

11.3.2 Automotive: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

11.4 Food and Beverage

11.4.1 Overview

11.4.2 Food and Beverage: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

11.5 Oil and Gas

11.5.1 Overview

11.5.2 Oil and Gas: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

11.6 Manufacturing

11.6.1 Overview

11.6.2 Manufacturing: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

11.7 Mining

11.7.1 Overview

11.7.2 Mining: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

11.8 Others

11.8.1 Overview

11.8.2 Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

12. APAC Factory Automation Market – Country Analysis

12.1 Overview

12.1.1 Asia Pacific: Factory Automation Market, by Key Country

12.1.1.1 Australia: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.1.1 Australia: Factory Automation Market, by Component

12.1.1.1.2 Australia: Factory Automation Market, by Hardware

12.1.1.1.3 Australia: Factory Automation Market, by Type

12.1.1.1.4 Australia: Factory Automation Market, by Technology

12.1.1.1.5 Australia: Factory Automation Market, by Industry Vertical

12.1.1.2 China: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.2.1 China: Factory Automation Market, by Component

12.1.1.2.2 China: Factory Automation Market, by Hardware

12.1.1.2.3 China: Factory Automation Market, by Type

12.1.1.2.4 China: Factory Automation Market, by Technology

12.1.1.2.5 China: Factory Automation Market, by Industry Vertical

12.1.1.3 India: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.3.1 India: Factory Automation Market, by Component

12.1.1.3.2 India: Factory Automation Market, by Hardware

12.1.1.3.3 India: Factory Automation Market, by Type

12.1.1.3.4 India: Factory Automation Market, by Technology

12.1.1.3.5 India: Factory Automation Market, by Industry Vertical

12.1.1.4 Japan: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.4.1 Japan: Factory Automation Market, by Component

12.1.1.4.2 Japan: Factory Automation Market, by Hardware

12.1.1.4.3 Japan: Factory Automation Market, by Type

12.1.1.4.4 Japan: Factory Automation Market, by Technology

12.1.1.4.5 Japan: Factory Automation Market, by Industry Vertical

12.1.1.5 South Korea: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.5.1 South Korea: Factory Automation Market, by Component

12.1.1.5.2 South Korea: Factory Automation Market, by Hardware

12.1.1.5.3 South Korea: Factory Automation Market, by Type

12.1.1.5.4 South Korea: Factory Automation Market, by Technology

12.1.1.5.5 South Korea: Factory Automation Market, by Industry Vertical

12.1.1.6 Rest of APAC: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.6.1 Rest of APAC: Factory Automation Market, by Component

12.1.1.6.2 Rest of APAC: Factory Automation Market, by Hardware

12.1.1.6.3 Rest of APAC: Factory Automation Market, by Type

12.1.1.6.4 Rest of APAC: Factory Automation Market, by Technology

12.1.1.6.5 Rest of APAC: Factory Automation Market, by Industry Vertical

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Merger and Acquisition

13.4 New Product Launch

14. Company Profiles

14.1 ABB Ltd

14.1.1 Key Facts

14.1.2 .Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Emerson Electric Co.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Fanuc Corporation

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 General Electric Company

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Mitsubishi Electric Corporation

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Honeywell International Inc.

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 OMRON Corporation

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 Rockwell Automation, Inc.

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Siemens AG

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Bosch Rexroth AG

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

Table 1.             APAC Factory Automation Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2.             Australia: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Australia: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Australia: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Australia: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 7.             China: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 8.             China: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 9.             China: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          China: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 11.          China: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 12.          India: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 13.          India: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 14.          India: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15.          India: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 16.          India: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Japan: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Japan: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Japan: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Japan: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Japan: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 22.          South Korea: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 23.          South Korea: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 24.          South Korea: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 25.          South Korea: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 26.          South Korea: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 27.          Rest of APAC: Factory Automation Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 28.          Rest of APAC: Factory Automation Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 29.          Rest of APAC: Factory Automation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 30.          Rest of APAC: Factory Automation Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 31.          Rest of APAC: Factory Automation Market, by Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 32.          List of Abbreviation

Figure 1.           APAC Factory Automation Market Segmentation

Figure 2.           APAC Factory Automation Market Segmentation – by Country

Figure 3.           APAC Factory Automation Market Overview

Figure 4.           APAC Factory Automation Market, By Component

Figure 5.           APAC Factory Automation Market, By Country

Figure 6.           Asia Pacific: PEST Analysis

Figure 7.           Factory Automation Market- Ecosystem Analysis

Figure 8.           Expert Opinion

Figure 9.           APAC Factory Automation Market Impact Analysis of Drivers and Restraints

Figure 10.        APAC Factory Automation Market, Forecast and Analysis (US$ Million)

Figure 11.        APAC Factory Automation Market Revenue Share, by Component (2021 and 2028)

Figure 12.        APAC Hardware: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 13.        APAC Software: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 14.        APAC Factory Automation Market Revenue Share, by Hardware (2021 and 2028)

Figure 15.        APAC Sensors: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 16.        APAC Controllers: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 17.        APAC Robots: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 18.        APAC Drives: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 19.        APAC Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 20.        APAC Factory Automation Market Revenue Share, by Type (2021 and 2028)

Figure 21.        APAC Programmable Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 22.        APAC Fixed Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 23.        APAC Flexible Automation: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 24.        APAC Factory Automation Market Revenue Share, by Technology (2021 and 2028)

Figure 25.        APAC PLC: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 26.        APAC DCS: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 27.        APAC SCADA: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 28.        APAC HMI: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 29.        APAC Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 30.        APAC Factory Automation Market Revenue Share, by Industry Vertical (2021 and 2028)

Figure 31.        APAC Automotive: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 32.        APAC Food and Beverage: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 33.        APAC Oil and Gas: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 34.        APAC Manufacturing: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 35.        APAC Mining: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 36.        APAC Others: Factory Automation Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 37.        APAC: Factory Automation Market, by Key Country – Revenue (2021) (US$ Million)

Figure 38.        Asia Pacific: Factory Automation Market Revenue Share, by Key Country (2021 and 2028)

Figure 39.        Australia: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        China: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41.        India: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42.        Japan: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43.        South Korea: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44.        Rest of APAC: Factory Automation Market – Revenue and Forecast to 2028 (US$ Million)

● ABB Ltd

● Bosch Rexroth AG

● Emerson Electric Co.

● Fanuc Corporation

● General Electric Company

● Honeywell International Inc.

● Mitsubishi Electric Corporation

● OMRON Corporation

● Rockwell Automation, Inc.

● Siemens AG

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC factory automation market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the APAC factory automation market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the factory automation market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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