Factory automation refers to the use of advanced automation equipment and systems to achieve automated control and management of the factory production process, improve production efficiency, reduce production costs, improve product quality, and reduce worker labor intensity. Factory automation typically includes aspects such as production process automation, logistics management automation, information management automation, and equipment automation.
Segmented Market Analysis
Based on the level of integration and flexibility, factory automation can usually be divided into two categories: fixed automation and programmable automation.Data shows that in 2023, the global fixed automation and programmable automation sub-markets for factories were $73.43 billion and $83.95 billion respectively, with market shares of 46.66% and 53.34%.
Fixed automation, also known as "hard automation", refers to the automated production process that fixes the sequence of processing operations through equipment configuration. The characteristic of this automation is that programming commands are included in the machine in the form of cams, gears, wiring, and other hardware, making it difficult to transition from one product style to another. Therefore, it is suitable for scenarios that require high productivity and large-scale production, such as some chemical processes in the automotive industry. However, the initial investment in this type of automation is usually high.
Programmable automation, on the other hand, is a more flexible form of automation that is suitable for large-scale production, but the batches produced each time may be different. For each new batch, production equipment needs to be reprogrammed and converted to adapt to the style of the new product. This reprogramming and conversion requires a certain amount of time and may result in a period of non-production time. However, once the device is reprogrammed, it can adapt to new production needs, which gives it a great advantage in large-scale production.
Global Factory Automation Segmentation Market Size and Market Share in 2023
|
|
Market Size (Billion USD) |
Share |
|
Segmented by Type |
||
|
Fixed Automation |
73.43 |
46.66% |
|
Programmable Automation |
83.95 |
53.34% |
|
Segmented by Application |
||
|
Automotive Manufacturing |
34.68 |
22.04% |
|
Food & Beverage |
16.56 |
10.52% |
|
Oil & Gas Processing |
21.95 |
13.95% |
|
Chemical Industry |
14.67 |
9.32% |
|
Electronics Manufacturing |
28.26 |
17.95% |
|
Mining |
7.94 |
5.04% |
|
Others |
33.32 |
21.17% |
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Factory automation Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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