Bharat Book Bureau Provides the Trending Market Research Report on 2018-2023 Global and Regional Food Automation Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report under Food & Beverages category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects.
This Research projects that the Food Automation Market size will grow from USD 8.30 Billion in 2017 to USD 12.49 Billion by 2023, at an estimated CAGR of 7.04%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growth of this market can be attributed to the inclination of consumers towards processed and ready to eat foods, technological advancements in automation and stringent international food safety regulations. The motors & generators segment, on the basis of various types, accounted for the largest market share in 2017. The motors & generators segment is mainly driven by their multi-functional nature. The increasing significance of motors in motion control applications involving high-pressure wash-down and high torque applications with precise motion control has greatly enhanced their functionality. Smooth and efficient functioning of systems is promoted by using generators in the food industry. It is also coupled with the increasing awareness about the efficient energy management benefits of generators. The discrete controllers & visualization segment, on the basis of type, accounted for the second highest market share in 2017 owing to its comprehensive nature to offer integrated and flexible production options to manufacturers.
By Market Players:
Mitsubishi Electric Corporation , ABB Ltd , Rockwell Automation, Inc. , Siemens AG , Yokogawa Electric Corporation , Schneider Electric SE , GEA Group , Fortive Corporation , Yaskawa Electric Corporation , Rexnord Corporation , Emerson Electric Co. , Nord Drivesystems
Motors & Generators , Motor Controls , Discrete Controller Systems & Visualization , Rotary & Linear Products , Others
Packaging & Re-Packaging , Palletizing , Sorting & Grading , Picking & Placing , Processing
Dairy , Bakery , Beverage , Confectionery , Fruits & Vegetables
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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Learn about the market strategies that are being adopted by leading respective organizations.
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