Global Food Automation Market – Industry Analysis and Forecast (2017-2026) _ by Type (Motors & generators, Motor controls, Discrete controllers & visualization, Rotary products, Linear products, Others), by Function (Processing, Packaging & Repackaging, Palletizing, Sorting & Grading, Picking & Placing, and Others), by Application (Dairy, Bakery, Confectionery, Fruit & vegetable, Meat, poultry, and seafood, and Beverages), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)
Global Food Automation Market is a manufacturer’s solution for the company that is into supplying of various grading, processing, weighing, and packing equipment, which are related to a wide range of products.
Food Automation Market is expected to reach USD 16.88 Billion by 2026 from 9.03 Billion in 2017 at a CAGR of 8.13%
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Report includes assessment of Global Food Automation Market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the type, function, application, and geography to assist in strategic business planning.
Factors such as improved safety, mass production, quality control, brand protection, labor reduction and food standardization are some of the major drivers that are responsible for growth of food automation market. However, problems related to food safety remain the key restraint for the market growth.
The Motors and generators segment is expected to witness huge market growth and a large market share:
Motors and generators sub segment dominated food automation market as a result of its basis necessity for the process of automation. There are different variety of motors in market with reduced operating cost, maintenance cost, smooth operation and precise motion control available as well.
Europe held the largest share of the market during the forecast period:
Europe held largest market share in 2016. Rise in stringent food regulations along with growing emphasis on mass production has been a few key factors to propel demand for food automation market.
Scope of the Report:
Global Food Automation Market, by Type: Motors & generators, Motor controls, discrete controllers & visualization, Rotary products, linear products, and others
Global Food Automation Market, by Function: Processing, Packaging & Repackaging, Palletizing, Sorting & Grading, Picking & Placing, and Others
Global Food Automation Market, by Application: Dairy, Bakery, Confectionery, Fruit & vegetable, Meat, poultry, and seafood, and Beverages
Global Food Automation Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
Global Food Automation Market, Company profiles:
• Rockwell Automation, Inc. (U.S.)
• Schneider Electric SE (France)
• ABB Ltd (Switzerland)
• Siemens AG (Germany)
• Mitsubishi Electric Corporation (Japan)