The factory automationmarket in Europe is expected to grow from US$ 36,221.31 million in 2022 to US$ 55,041.39 million by 2028. It is estimated to grow at a CAGR of 7.2% from 2022 to 2028.
Increase in the number of product launches
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.Market Overview
Europe Factory Automation Market Segmentation
The Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Germany, France, Italy, UK, Russia, and Rest of Europe. Germany dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 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. Europe Factory Automation Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM 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 - Europe Market Analysis
6.1 Europe Factory Automation Market Overview
6.2 Europe Factory Automation Market Forecast and Analysis
7. Europe Factory Automation Market Analysis - By Component
7.1 Overview
7.2 Europe 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. Europe Factory Automation Market Analysis - By Hardware
8.1 Overview
8.2 Europe 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. Europe Factory Automation Market Analysis - By Type
9.1 Overview
9.2 Europe 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. Europe Factory Automation Market Analysis - By Technology
10.1 Overview
10.2 Europe 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. Europe Factory Automation Market Analysis - By Industry Vertical
11.1 Overview
11.2 Europe 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. Europe Factory Automation Market - Country Analysis
12.1 Overview
12.1.1 Europe: Factory Automation Market, by Key Country
12.1.1.1 Germany: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
12.1.1.1.1 Germany: Factory Automation Market, by Component
12.1.1.1.2 Germany: Factory Automation Market, by Hardware
12.1.1.1.3 Germany: Factory Automation Market, by Type
12.1.1.1.4 Germany: Factory Automation Market, by Technology
12.1.1.1.5 Germany: Factory Automation Market, by Industry Vertical
12.1.1.2 France: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
12.1.1.2.1 France: Factory Automation Market, by Component
12.1.1.2.2 France: Factory Automation Market, by Hardware
12.1.1.2.3 France: Factory Automation Market, by Type
12.1.1.2.4 France: Factory Automation Market, by Technology
12.1.1.2.5 France: Factory Automation Market, by Industry Vertical
12.1.1.3 Italy: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
12.1.1.3.1 Italy: Factory Automation Market, by Component
12.1.1.3.2 Italy: Factory Automation Market, by Hardware
12.1.1.3.3 Italy: Factory Automation Market, by Type
12.1.1.3.4 Italy: Factory Automation Market, by Technology
12.1.1.3.5 Italy: Factory Automation Market, by Industry Vertical
12.1.1.4 UK: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
12.1.1.4.1 UK: Factory Automation Market, by Component
12.1.1.4.2 UK: Factory Automation Market, by Hardware
12.1.1.4.3 UK: Factory Automation Market, by Type
12.1.1.4.4 UK: Factory Automation Market, by Technology
12.1.1.4.5 UK: Factory Automation Market, by Industry Vertical
12.1.1.5 Russia: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
12.1.1.5.1 Russia: Factory Automation Market, by Component
12.1.1.5.2 Russia: Factory Automation Market, by Hardware
12.1.1.5.3 Russia: Factory Automation Market, by Type
12.1.1.5.4 Russia: Factory Automation Market, by Technology
12.1.1.5.5 Russia: Factory Automation Market, by Industry Vertical
12.1.1.6 Rest of Europe: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
12.1.1.6.1 Rest of Europe: Factory Automation Market, by Component
12.1.1.6.2 Rest of Europe: Factory Automation Market, by Hardware
12.1.1.6.3 Rest of Europe: Factory Automation Market, by Type
12.1.1.6.4 Rest of Europe: Factory Automation Market, by Technology
12.1.1.6.5 Rest of Europe: 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 Publisher
15.2 Word Index
List of Tables
Table 1. Europe Factory Automation Market, Revenue and Forecast, 2019-2028 (US$ Million)
Table 2. Germany: Factory Automation Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Factory Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Factory Automation Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Factory Automation Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Factory Automation Market, by Industry Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Factory Automation Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Factory Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Factory Automation Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Factory Automation Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 11. France: Factory Automation Market, by Industry Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Factory Automation Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Factory Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
Table 14. Italy: Factory Automation Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 15. Italy: Factory Automation Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Factory Automation Market, by Industry Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 17. UK: Factory Automation Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 18. UK: Factory Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
Table 19. UK: Factory Automation Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 20. UK: Factory Automation Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 21. UK: Factory Automation Market, by Industry Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia: Factory Automation Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 23. Russia: Factory Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
Table 24. Russia: Factory Automation Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 25. Russia: Factory Automation Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 26. Russia: Factory Automation Market, by Industry Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe: Factory Automation Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Europe: Factory Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of Europe: Factory Automation Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 30. Rest of Europe: Factory Automation Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 31. Rest of Europe: Factory Automation Market, by Industry Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 32. List of Abbreviation
List of Figures
Figure 1. Europe Factory Automation Market Segmentation
Figure 2. Europe Factory Automation Market Segmentation - by Country
Figure 3. Europe Factory Automation Market Overview
Figure 4. Europe Factory Automation Market, By Component
Figure 5. Europe Factory Automation Market, By Country
Figure 6. Europe: PEST Analysis
Figure 7. Factory Automation Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Europe Factory Automation Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Factory Automation Market, Forecast and Analysis (US$ Million)
Figure 11. Europe Factory Automation Market Revenue Share, by Component (2021 and 2028)
Figure 12. Europe Hardware: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Europe Software: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 14. Europe Factory Automation Market Revenue Share, by Hardware (2021 and 2028)
Figure 15. Europe Sensors: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Europe Controllers: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 17. Europe Robots: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 18. Europe Drives: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 19. Europe Others: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 20. Europe Factory Automation Market Revenue Share, by Type (2021 and 2028)
Figure 21. Europe Programmable Automation: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 22. Europe Fixed Automation: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 23. Europe Flexible Automation: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 24. Europe Factory Automation Market Revenue Share, by Technology (2021 and 2028)
Figure 25. Europe PLC: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Europe DCS: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Europe SCADA: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Europe HMI: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 29. Europe Others: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 30. Europe Factory Automation Market Revenue Share, by Industry Vertical (2021 and 2028)
Figure 31. Europe Automotive: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 32. Europe Food and Beverage: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 33. Europe Oil and Gas: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 34. Europe Manufacturing: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 35. Europe Mining: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 36. Europe Others: Factory Automation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 37. Europe: Factory Automation Market, by Key Country - Revenue (2021) (US$ Million)
Figure 38. Europe: Factory Automation Market Revenue Share, by Key Country (2021 and 2028)
Figure 39. Germany: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. France: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
Figure 41. Italy: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. UK: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
Figure 43. Russia: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
Figure 44. Rest of Europe: Factory Automation Market - Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 187 |
Published | December 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 36221.31 Million |
Forecasted Market Value ( USD | $ 55041.39 Million |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Europe |
No. of Companies Mentioned | 10 |