Global Food Automation Market is expected to reach USD 12.32 Billion by 2027, in value terms, growing at a CAGR of over 6% during 2022-2027 owing to increasing demand for processed food, growing technological advancements and increasing awareness about the efficient energy management. Based on type, the market has been categorised as Motors & Generators, Motor Controls, Discrete Controller Systems & Visualization and Rotary & Linear Products.
In 2021, the motors & generators segment dominated the market due to growing demand for smooth and efficient functioning of the systems and the segment is expected to maintain its dominance over the next five years as well. The top players of the Food Automation market include Schneider Electric SE, Siemens AG, ABB Ltd and many more.
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Some of the leading players in the Global Food Automation market are ABB Ltd, Mitsubishi Electric Corporation, Siemens AG, Schneider Electric SE, Rockwell Automation, Inc., Yaskawa Electric Corporation, GEA Group, Emerson Electric Co., Nord Drivesystems, Yokogawa Electric Corporation etc.
Objective of the Study:
- To analyse and forecast the market size of Food Automation, in terms of value.
- To classify and forecast Global Food Automation based on type, packaging, application and regional distribution.
- To identify drivers and challenges for Global Food Automation.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Food Automation.
- To conduct the pricing analysis for Food Automation.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Food Automation.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
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TechSci Research calculated the market size of Global Food Automation using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Food Automation Manufacturers
- Raw material manufacturers and suppliers
- Dealers/Distributors
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Global Food Automation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Food Automation Market, By Type:
- Motors & Generators
- Motor Controls
- Discrete Controller Systems & Visualization
- Rotary & Linear Products
- Food Automation Market, By Packaging:
- Palletizing
- Sorting & Grading
- Packaging & Re-Packaging
- Picking & Placing
- Processing
- Other
- Food Automation Market, By Application:
- Meat, Poultry & Seafood
- Dairy
- Bakery
- Beverage
- Confectionery
- Fruits & Vegetables
- Others
- Food Automation Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Food Automation.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
Contact
Mr. Ken Mathews
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Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com
